Month: March 2025

IRS DeFi Rule Gets Axed—A Major Win For Crypto?

Decentralized finance (DeFi) protocols might no longer report to American tax authorities after the US Senate repealed the IRS “broker” rule. Many analysts believe that US President Donald Trump will issue a resolution in the upcoming weeks adopting the Senate’s legislative action and overturning the Biden-era policy on DeFi...
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These 8 Warren Buffett Quotes Are Rocket Fuel for Bitcoin’s Price Today

Buffett made a name for himself as a modern-day prophet because of the scale of his historically outstanding success with free capital markets. Far away from New York City boiler rooms paralyzed by Wall Street’s echo chambers and groupthink, the Oracle of Omaha ignored newspapers and television news stories....
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Sonic Labs ditch algorithmic USD stablecoin for UAE dirham alternative

Sonic Labs has canceled plans to launch a US dollar-pegged algorithmic stablecoin, opting instead to develop a United Arab Emirates dirham-denominated alternative. On March 22, Sonic Labs co-founder Andre Cronje said the company was working on a US dollar-pegged algorithmic stablecoin with an annual percentage rate (APR) of up...
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$1T stablecoin supply could drive next crypto rally — CoinFund’s Pakman

The global stablecoin supply could surge to $1 trillion by the end of 2025, potentially becoming a key catalyst for broader cryptocurrency market growth, according to CoinFund managing partner David Pakman. “We’re in a stablecoin adoption upswell that’s likely to increase dramatically this year,” Pakman said during Cointelegraph’s Chainreaction...
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