Kraken sent 56 million tax forms to the Internal Revenue Service last year. Nearly a third covered transactions worth less than a dollar. More than 75% were for trades under $50. Those numbers, cited by the crypto exchange last month, have added weight to a growing call in Congress to rethink how small digital asset…
View More Washington Moves To Review Crypto Tax Rules With New IRS Study BillTag: stablecoin
Why The XRP Price Can Touch $589 As It Takes On $73 Trillion Industry
The idea of XRP trading at $589 may sound unrealistic at first, but the rationale behind it is not based on a normal crypto rally. Instead, it is based on a scenario where the XRP Ledger becomes part of high-value delivery-versus-payment settlement at the DTCC/CLS layer, with the altcoin acting as the liquidity asset behind…
View More Why The XRP Price Can Touch $589 As It Takes On $73 Trillion Industry
Binance Records $1.5 Billion Stablecoin Net Inflow Amid Highly Reactive Market
Recent on-chain data indicate the Binance exchange has registered a high volatility in stablecoin inflows in recent days. This observation can be linked to the general market’s choppiness during this period, driven by Bitcoin’s price movements. Pseudonymous reknown analyst Darkfost has shared some insights on this erratic flow in stablecoin flows and its potential implications.…
View More Binance Records $1.5 Billion Stablecoin Net Inflow Amid Highly Reactive Market
Warren Zeroes In On Crypto Deal Structure As $75M Loan Draws Attention
A $75 million loan backed by nearly half a billion dollars worth of a company’s own tokens is now at the center of a Senate push to get regulators involved in the Trump family’s crypto operations. The Loan That Raised Questions World Liberty Financial, the crypto project tied to US President Donald Trump and his…
View More Warren Zeroes In On Crypto Deal Structure As $75M Loan Draws Attention
Here’s Why The BNB Price Could Rally To $12,000 Before Ethereum
The BNB price is sitting below the spotlight that has surrounded Bitcoin, Ethereum, and Solana in recent months, but a new technical outlook suggests that this quiet phase may be exactly where the larger setup is forming. Crypto analyst Crypto Patel has predicted that BNB could be one of the biggest trades of the cycle,…
View More Here’s Why The BNB Price Could Rally To $12,000 Before Ethereum
Pundit Shares The Most Important Thing To Remember About XRP
Crypto pundit SMQKE has shared an important thing that XRP holders have to remember when it comes to the altcoin’s price. He alluded to the token’s historical price appreciation and noted that XRP is better positioned to record more significant gains following Ripple’s recent acquisitions. What To Remember About XRP’s Price In an Bitcoin and…
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Tether Moves To Freeze $344 Million In Crypto Amid US Probe
A wave of crypto hacks hitting decentralized finance platforms in April has renewed an old argument: should stablecoin companies step in when stolen money passes through their systems? That question is now front and center again after Tether, the world’s largest stablecoin issuer, revealed it froze over $340 million in dollar-pegged tokens at the direct…
View More Tether Moves To Freeze $344 Million In Crypto Amid US Probe
A New Phase For XRP? Integrations Keep Rolling In Across The Ecosystem
“Pay attention. FOMO.” That was the blunt message from XRPL validator Vet, posted to X this week, as a string of major platforms moved to add XRP and XRP Ledger support across payments, exchanges, and self-custody tools. He was not talking about Ripple’s own products. He was pointing to independent adoption — and the list…
View More A New Phase For XRP? Integrations Keep Rolling In Across The Ecosystem
Could Ripple XRP Power Cross-Border Payments? Russia’s Early Tests Suggest Potential
As global payment systems face pressure to become faster, cheaper, and less dependent on legacy intermediaries, attention is returning to blockchain-based alternatives. While countries explore alternatives to traditional systems, digital assets are increasingly entering the conversation, and XRP is drawing attention. Recent reports around early testing in Russia have sparked fresh discussion about whether XRP…
View More Could Ripple XRP Power Cross-Border Payments? Russia’s Early Tests Suggest Potential
Bitcoin Policy Institute Maps Out Strategy For US Stablecoin Supremacy Across 5 Policy Areas
The Bitcoin Policy Institute (BPI) has released a new policy proposal for the United States aimed at establishing what it calls “stablecoin supremacy.” The proposal, published on Wednesday, is structured around five policy areas and comes on the heels of the already-enacted GENIUS Act. Bitcoin Policy Institute Warning At the center of BPI’s argument is…
View More Bitcoin Policy Institute Maps Out Strategy For US Stablecoin Supremacy Across 5 Policy Areas