The Coming Crypto Tax Bomb
Crypto taxpayers are in for a rude awakening. We’re 16+ years into Bitcoin, yet taxpayers and CPAs still pretend that tax guidance remains unclear or even nonexistent. The IRS is gearing up for a historic wave of compliance audits targeting the crypto space, and taxpayers have no idea what...
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NEAR Protocol Surges Past $2.19 Resistance on 61% Volume Spike
The cryptocurrency market is showing signs of renewed strength as NEAR Protocol broke through a key resistance level during the final trading hour of July 7. The decisive move came on exceptional volume that was 61% higher than the daily average, confirming the validity of the breakout from an...
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BNB Holds Near $660 as Traders Weigh Breakout Potential
BNB Chain’s native token (BNB) held steady near $660, shifting in a narrow band of less than 1% over the past 24 hours. The lack of volatility underscores a pattern of consolidation. BNB is trading at $659.61, down just 0.5% for the day, with buyers stepping in repeatedly around...
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Kevin O’Leary: U.S. Must Learn From Bitcoin Miners to Win ‘AI Wars’
In the race for AI supremacy, North America is now learning important lessons from the bitcoin (BTC) mining industry about building large-scale infrastructure close to sustainable energy sources, according to serial entrepreneur Kevin O’Leary. “It all comes down to power,” said “Sharktank” star O’Leary in an interview. “Whether you’re...
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BONK Reclaims Momentum as Solana ETF Buzz and Ecosystem Growth Drive Rally
BONK is back in the spotlight, rallying 8.7% over the past 24 hours and reaching a high of $0.0000235 before settling at $0.00002215. The surge came with 2.27 trillion tokens traded, a 67% increase over average volume, signaling growing institutional and retail interest. Speculation continues to mount around a...
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Kuru Labs’ $11.6m round sets stage for the ultimate DEX experiment
What if Uniswap’s model isn’t the endgame? Kuru Labs, backed by Paradigm’s latest investment, is testing that theory with an audacious plan to replace AMMs entirely with an on-chain orderbook. Success could redefine DeFi’s trading infrastructure. On July 7, Kuru…...
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US government abandons Tornado Cash appeal after policy reversal
The US government’s policy reversal on Tornado Cash may influence future regulatory approaches to crypto technologies and international software. The post US government abandons Tornado Cash appeal after policy reversal appeared first on Crypto Briefing....
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Over 80,000 Dormant Bitcoins Moved for the First Time in a Decade, Prompting Investor Anxiety and Renewed Interest in Mining Alternatives
London, UK, July 07, 2025 (GLOBE NEWSWIRE) — In an unexpected blockchain event, more than 80,000 Bitcoins — worth over $8.5 billion at current prices — were transferred from wallets dormant since the so-called “Satoshi Era.” These early Bitcoins, mined between 2009 and 2011, had not seen any activity...
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CoreWeave to acquire Core Scientific in $9b deal
CoreWeave, a Nasdaq-listed artificial intelligence and cloud solutions provider, has announced its acquisition of Core Scientific, a top cryptocurrency mining data center, in a deal worth approximately $9 billion. The CoreWeave team revealed in a press release on July 7,…...
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4 signs that the Ethereum price uptrend to $5K is back in play
Despite Ether’s repeated rejection at $2,800, more bullish signs suggest that ETH price is still on its way toward $5,000 in 2025....
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