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Tag: Cryptocurrencies

Trump freeing Bitcoin

U.S. Embraces Lighter Crypto Regulation: DeFi Broker Rule Repealed, Enforcement Team Disbanded

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President Donald Trump signed a bill on April 10, 2025, repealing the IRS’s decentralized finance (DeFi) broker rule, which would have required DeFi platforms to report user transactions. The U.S. Justice Department disbanded its National Cryptocurrency Enforcement Team (NCET) on April 8, 2025, narrowing crypto investigations to focus on drug cartels and terrorism. These actions signal a pro-crypto shift, aiming to foster...

Cryptocurrencies, Front page, News, Regulation

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Crypto Market Surge Following Trump’s Tariff Pause

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Crypto markets surged with Bitcoin up 7%, Ethereum up 12%, and Solana (SOL) up 13% following Trump’s tariff pause. This rally reflects investor relief from reduced trade policy uncertainty. The impact highlights the interconnectedness of global trade and digital finance. Experts suggest this is a temporary boost, urging caution as tariff negotiations could influence future market volatility. Cryptocurrency markets...

Cryptocurrencies, Front page, News

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Where is Trump’s Promise to be the Crypto Mining Powerhouse?

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Trump’s new tariff are likely increasing costs for U.S. Bitcoin miners reliant on Asian hardware. Supply chains for Bitcoin mining, concentrated in Asia, face disruptions. These policies challenge Trump’s promise to make the U.S. a mining powerhouse. U.S. miners are at immediate risk, with potential profit margin squeezes and slowed expansion due to higher equipment costs. Miners might adapt by seeking domestic...

Blockchain, Crypto Mining, Cryptocurrencies, Front page, News

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Tariffs Tank Crypto: A Week of Turmoil

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Today, April 8, 2025, the crypto market is reeling from a brutal week. Bitcoin plummeted to a 2025 low of $74,425, driven by fears of Trump’s sweeping tariffs that erased its earlier climb to nearly $90,000. The sell-off wasn’t isolated—tariffs sparked a $1.3 trillion market crash, dragging down majors like Ethereum and XRP. Yet, amid the chaos, Bitcoin clawed back to $78,000+, a flicker of resilience that’s keeping traders on edge. Analysts...

Bitcoin, Cryptocurrencies

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CoinFerenceX The First Decentralized Web3 Event Set to Revolutionize the Industry

CoinFerenceX: The First Decentralized Web3 Event Set to Revolutionize the Industry

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Dubai, 24 February – The countdown has begun for the most disruptive event in the Web3 history: CoinFerenceX – This First-of-its-Kind Decentralized Summit will unite blockchain visionaries, crypto innovators, investors, and startups to shape the future of the industry. Unlike Traditional events run by centralized organizations, CoinFerenceX introduces a decentralized governance model where 10 select Board Partners will share...

Cryptocurrencies, DeFi, Web3

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