⚡️⚖ #ETH SEC sues Consensys over MetaMask staking service
🗽⚖ Bsupreme court decided repeal the Chevron Doctrine, which limits the powers of federal agencies.
FOX: The ruling limits the power of federal agencies by denying them the power to interpret controversial laws through rulemaking. This big win for cryptocurrencies and other industries that have been subject to rampant rulemaking by agencies like the SEC, and gives judges more power to interpret laws.
FOX: The ruling limits the power of federal agencies by denying them the power to interpret controversial laws through rulemaking. This big win for cryptocurrencies and other industries that have been subject to rampant rulemaking by agencies like the SEC, and gives judges more power to interpret laws.
🤔 #BTC CEO C.Q.: Bitcoin demand is decreasing again, -23K Bitcoin in the last 30 days, hence the price correction.
The apparent demand calculation is used a lot to estimate demand for commodities. It compares production and inventory changes to estimate if demand is growing or not.
Here I used 1-year inactive supply as a proxy for inventory.
The apparent demand calculation is used a lot to estimate demand for commodities. It compares production and inventory changes to estimate if demand is growing or not.
Here I used 1-year inactive supply as a proxy for inventory.
🧐 Santiment: #BTC's mild rebound after the dip the past 2 weeks has been short-lived for now. But note the continued negative sentiment pouring in from the crowd, indicating their patience is wearing thin.
This, along with a low RSI of just 36, are strong indications a bounce is close.
This, along with a low RSI of just 36, are strong indications a bounce is close.
🇺🇸🕹 The US Treasury will introduce a tax regime for cryptocurrencies starting in 2025 and defers rules for non-custodians.
The Internal Revenue Service (IRS) will not require reporting on most regular stablecoin sales and will set an annual threshold of $600 for NFT proceeds before it will be required to be reported.
coindesk
The Internal Revenue Service (IRS) will not require reporting on most regular stablecoin sales and will set an annual threshold of $600 for NFT proceeds before it will be required to be reported.
coindesk
🇺🇸🗣 FATF: 75% of jurisdictions are “only partially or not compliant” with cryptocurrency standards.
🐳📈 #BTC Ali Martinez: Someone bought the Bitcoin dip! Over 20,200 BTC, worth $1.23 billion, were sent to accumulation addresses.
👀 IRS Finalizes Controversial Tax Reporting Rule for Brokers, Delays Decision on DeFi. theblock.com
📊 #BTC remains stable at $60,911 despite minimal movement following the latest U.S. economic updates.
The PCE index reported core inflation at 2.6% year-on-year, which did not significantly impact BTC prices.
Concerns grow over thinning support below $60K as bid liquidity weakens, signaling potential volatility ahead.
The PCE index reported core inflation at 2.6% year-on-year, which did not significantly impact BTC prices.
Concerns grow over thinning support below $60K as bid liquidity weakens, signaling potential volatility ahead.