Category: News

BREAKING: Trump Signs Bill To Kill IRS Crypto Broker Expansion

United States President Donald Trump on Thursday signed a law that overturns an Internal Revenue Service rule that would have mandated decentralized crypto exchanges comply with broker reporting obligations. The action was confirmed in a statement from the White House. Trump, Congressional Action Nullifies Late Biden-Era Regulation According to...
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Crypto Price Analysis April-11: ETH, XRP, ADA, SOL, and BNB

This week, we examine Ethereum, Ripple, Cardano, Solana, and Binance Coin in greater detail. Ethereum (ETH) Ethereum continues to make new lows this year with the price touching $1,400 briefly on Wednesday before buyers returned. The asset closed the week with a 14% loss. While the support at $1,400...
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Altcoin Action in Powertrade’s Options Market Heats Up Driven by XRP, SOL and DOGE

Activity in PowerTrade’s options market for alternative cryptocurrencies (altcoins) picked pace this week as heightened market volatility prompted traders to seek derivatives for hedging and speculative opportunities. Trading volume in XRP options has soared to over $5 million this week, with most activity concentrated in short-dated expirations, data shared...
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Illinois Senate passes crypto bill to fight fraud and rug pulls

The Illinois Senate by a vote of 39 to 17 passed a regulatory bill aimed at curbing cryptocurrency fraud and protecting investors from deceptive practices, including rug pulls and misleading fee structures. On April 10, the chamber passed Senate Bill 1797 (SB1797), also known as the Digital Assets and...
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HashKey Wins Hong Kong Approval to Offer Staking, Boosting Institutional PoS Appeal

Hong Kong-based cryptocurrency exchange HashKey has received regulatory approval to offer staking services, a move that could significantly expand the appeal of proof-of-stake (PoS) investments like spot Ether exchange-traded funds (ETFs) among institutional investors. The announcement came on April 10, when HashKey revealed that it had secured authorization from...
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