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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U.S. Embraces Lighter Crypto Regulation: DeFi Broker Rule Repealed, Enforcement Team Disbanded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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WLFI’s ETH Sale

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World Liberty Financial sold 5,471 ETH for $8.01 million, incurring a significant loss. The sale resulted in an estimated unrealized loss of $125 million. ETH has dropped 57% since early 2025. Bitcoin also down over 20% since February. WLFI aims to democratize crypto loans while maintaining US dollar dominance, backed by the Trump family. The sale raises questions about WLFI’s strategy. World Liberty Financial...

DeFi, Ethereum, 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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First U.S. XRP ETF Launch

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The first U.S. XRP ETF launched today on NYSE Arca. It’s a leveraged ETF offering twice the daily return of XRP. This launch precedes SEC approval for a spot XRP ETF. The crypto community is excited, seeing it as a potential catalyst for XRP and altcoins. Political support from the Trump administration may accelerate future ETF approvals. The Teucrium 2x Long Daily XRP ETF, trading under the ticker XXRP, launched...

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