LATEST BY AMARA COLLINS
Regulation
Australia Poised to Overhaul Crypto Capital Gains Tax: 50% Discount Out, Inflation Indexation In
Australia's Albanese government is reportedly planning a significant shift in its capital gains tax (CGT) regime, replacing the long-standing 50% discount for assets held over a year with a system that taxes inflation-adjusted real gains. This move could fundamentally alter the tax landscape for long-term crypto invest
Bitcoin
Samson Mow Defends MicroStrategy's Bitcoin Strategy Amidst Potential BTC Sales
Bitcoin advocate Samson Mow has publicly supported MicroStrategy's evolving Bitcoin strategy, including the possibility of selling portions of its BTC treasury, a notable departure from Michael Saylor's long-standing 'HODL' rhetoric.
Regulation
A16z Argues 'Stablecoins' Term is Outdated, Calls for Re-evaluation
Venture capital giant A16z is pushing for a re-evaluation of the term "stablecoins," asserting it's an outdated moniker from crypto's nascent years that no longer accurately reflects the evolving landscape of digital assets designed for stability.
Infrastructure
Bakkt Finalizes DTR Acquisition, Eyes Stablecoin-Powered Digital Settlement Layer
Digital asset firm Bakkt has completed its acquisition of stablecoin infrastructure provider Distributed Technologies Research (DTR), a strategic move aimed at building a 24/7 digital settlement layer leveraging stablecoin technology.
Markets
Robinhood's Q1: Crypto Revenue Plummets as Prediction Markets Soar
Robinhood's latest earnings report reveals a significant downturn in its crypto trading segment, with revenue and volume nearly halving year-over-year. However, the platform's burgeoning prediction market business provided a crucial offset, highlighting a strategic shift amidst market volatility.
Bitcoin
MicroStrategy Adds 3,273 BTC at Near-$78K, Saylor's Conviction Unwavering
Michael Saylor's MicroStrategy has expanded its Bitcoin reserves once again, acquiring an additional 3,273 BTC for $255 million. This latest purchase, averaging nearly $78,000 per coin, pushes the firm's total holdings past 818,000 BTC, reaffirming its aggressive, long-term accumulation strategy.
Markets
Crypto Whales Double Down on Bitcoin, Ethereum as Market Rebound Looms, Institutions Explore Blockchain
Major institutional players are increasing their exposure to Bitcoin and Ethereum, signaling confidence in a potential market rebound, even as regulatory clarity remains elusive in the US.
DeFi
Flying Tulip Deploys Withdrawal Circuit Breaker Amidst Surging DeFi Exploits, Redefining Security
Andre Cronje's Flying Tulip has introduced a novel withdrawal circuit breaker, designed to queue or delay outflows during suspicious activity. This move comes as April saw over $600 million in DeFi losses, highlighting a critical shift from smart contract bugs to infrastructure and operational vulnerabilities.
Regulation
UK Accelerates Digital Asset Integration with Sweeping Payments Reform for Stablecoins and Tokenized Deposits
The UK government is set to overhaul its payments regulations, creating a unified framework for traditional and tokenized assets, including stablecoins and tokenized deposits, signaling a significant push towards digital asset adoption.
Regulation
Poland's Crypto Bill Stalls Again: Presidential Veto Prolongs MiCA Uncertainty
Poland's parliament has once again failed to override President Karol Nawrocki's veto on a crucial crypto regulation bill, leaving the nation as the sole EU member yet to adopt the Markets in Crypto-Assets (MiCA) framework.
Markets
Bitcoin Whales Drive $90K Target as Accumulation Hits Decade High
Bitcoin is eyeing a potential surge towards $90,000, fueled by an unprecedented accumulation spree from large holders, or 'whales,' who have absorbed 20 times the daily new BTC supply over the past month.
Markets
Bitcoin Nears $75K as Geopolitical Hopes Fuel $400M Short Squeeze
Bitcoin surged towards $75,000, triggering over $400 million in liquidations, as speculation around a potential US-Iran deal injected risk-on sentiment across crypto markets.
Bitcoin
MicroStrategy's Saylor Signals Fresh Bitcoin Buy Amidst Market Dip, Reinforcing Contrarian Stance
Michael Saylor's latest "Think bigger" signal suggests MicroStrategy is poised for another significant Bitcoin acquisition, doubling down on its accumulation strategy even as the market faces a downturn and the company reports substantial unrealized losses.
Infrastructure
CZ Envisions Crypto as 'Invisible Infrastructure' by 2031, Echoing Internet's Ubiquity
Binance co-founder Changpeng "CZ" Zhao predicts that within five years, cryptocurrency and blockchain technology will seamlessly integrate into daily life, becoming as invisible and essential as the internet itself.
Regulation
FDIC Unveils GENIUS Act Stablecoin Rules: No Direct Insurance for Token Holders
The FDIC has outlined new rules for stablecoin issuers under the GENIUS Act, clarifying that while corporate deposits backing stablecoins may be insured, the protection does not extend directly to individual stablecoin holders.