Trump Promises Major Federal Tax Cuts Once Tariffs Are Fully Implemented
President Donald Trump recently announced that federal income taxes could see significant reductions — or even be eliminated — once the new tariff system is fully in place. Posting on Truth Social on April 27, Trump said that the primary beneficiaries of these tax cuts would be Americans earning under $200,000 annually. He also referred […]
Michael Saylor teases new Bitcoin buy as whales continue heavy accumulation
Large investors and institutions are ramping up their Bitcoin acquisitions, with Strategy’s co-founder Michael Saylor hinting at yet another major Bitcoin purchase, potentially set to be revealed on Monday. On April 27, just a week after Strategy bought $555 million worth of Bitcoin at an average price of $84,785 per coin, Saylor posted: “Stay Humble. […]
El Salvador Keeps Buying Bitcoin While Staying Aligned with IMF Deal
Despite being the first country to recognize Bitcoin as legal tender, El Salvador continues to expand its Bitcoin holdings — even as the International Monetary Fund (IMF) suggests otherwise. According to data from El Salvador’s Bitcoin Office, the country’s treasury added 7 Bitcoin, valued at over $650,000, in the week leading up to April 27. […]
SEC delays decision on Polkadot ETF
The SEC has postponed its decision on a proposed exchange-traded fund (ETF) that would hold Polkadot’s native token, according to recent regulatory filings. A filing dated April 24 reveals that the SEC has extended its deadline for making a final ruling until June 11. This delay comes almost four months after Nasdaq initially sought approval […]
Federal Reserve Rolls Back Crypto-Restrictive Guidance
The U.S. Federal Reserve has officially withdrawn previous guidelines that discouraged banks from participating in cryptocurrency and stablecoin-related activities. In a statement issued on April 24, the Fed announced it is rescinding a 2022 supervisory letter that had required state-chartered member banks to notify the central bank before getting involved with crypto assets. From now […]
New SEC Chair Paul Atkins Signals Regulatory Shift, Igniting Crypto Optimism
The crypto world is buzzing with renewed optimism following Paul Atkins’ appointment as the new head of the U.S. Securities and Exchange Commission on April 21. Known for his deregulatory leanings from his previous tenure as SEC commissioner, Atkins steps in to replace Gary Gensler, whose aggressive approach toward the crypto sector had sparked years […]
SEC task force met with Trump-supporting firms to discuss crypto regulation
The U.S. Securities and Exchange Commission’s (SEC) crypto-focused task force, led by Commissioner Hester Peirce, is continuing discussions with digital asset firms as the agency weighs updates to its regulatory framework. A notice dated April 24 revealed that the SEC met with representatives from Ondo Finance and legal firm Davis Polk & Wardwell. The conversation […]
Russia to Launch Crypto Exchange for Elite Investors Under Pilot Program
Russia’s finance ministry, in collaboration with the central bank, is preparing to roll out a new cryptocurrency exchange tailored specifically for top-tier investors, according to reports from Russian media on April 23. Finance Minister Anton Siluanov revealed the initiative during a recent government meeting, stating that the exchange will operate under a special experimental legal […]
Bitcoin Supply on Exchanges Hits Multi-Year Low as Public Firms Boost Holdings
The amount of Bitcoin held on cryptocurrency exchanges has dropped to its lowest point in over six years, a shift largely attributed to increased buying activity from publicly listed companies, according to a recent update from Fidelity Digital Assets. In a post shared on X (formerly Twitter), Fidelity noted, “Bitcoin reserves on exchanges have been […]
Michael Saylor: New SEC Chair Likely a Win for Bitcoin
Michael Saylor, Executive Chairman of MicroStrategy—one of the largest corporate holders of Bitcoin—has voiced his approval of Paul Atkins, the newly sworn-in chairman of the U.S. Securities and Exchange Commission (SEC). On April 23, Saylor took to X (formerly Twitter), stating: “Paul Atkins as SEC Chair is a positive development for Bitcoin.” Atkins officially stepped […]