Month: April 2025

President Donald Trump has officially signed into law a resolution repealing the IRS DeFi Broker Rule established by the Biden administration.  According to an Apr. 10 press release statement from Rep. Mike Carey (R-Ohio), who introduced the bill alongside Sen.…...

The cryptocurrency market cap dropped 2.80% in 24 hours to $2.54 trillion following President Donald Trump‘s sweeping tariff announcement, imposing a 145% duty on Chinese imports and a 10% universal tariff on most other goods. Cryptocurrency Gains +/- Price (Recorded at 9.47 p.m. ET) Bitcoin (CRYPTO: BTC) -3.34% $79,672.33...

After trading below the $2 mark for the past 3 days, XRP has finally recovered the level with a nearly 14% upswing in mere hours. Its recent upward move to the $2 level is attributed to a sudden surge in the entire crypto market, coupled with the notable bullish...

After trading below the $2 mark for the past 3 days, XRP has finally recovered the level with a nearly 14% upswing in mere hours. Its recent upward move to the $2 level is attributed to a sudden surge in the entire crypto market, coupled with the notable bullish...

U.S. Deputy Attorney General Todd Blanche is under fire from Senate Democrats following his recent decision to narrow the Department of Justice’s (DOJ) crypto enforcement priorities and disband its crypto enforcement squad. In a Thursday letter to Blanche, six Senate Democrats — Sens. Mazie Hirono (D-Hawaii), Elizabeth Warren (D-Mass.),...

Bitcoin whale demand is surging, lifting Bitcoin prices. Is BTC USD set for $90,000? In the last three months, prices plunged by nearly 30% from all-time highs, triggering massive liquidations. As prices pick up momentum, the Bitcoin hash rate is also trending higher, recently reaching all-time highs. Although the...

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The repeal fosters a more innovation-friendly environment for DeFi, reducing compliance burdens and protecting user privacy in the crypto sector. The post Trump signs resolution overturning IRS DeFi broker rule appeared first on Crypto Briefing....