Crypto

Source: Coin Tegraph The tax cut down to 20% is part of Democratic Party for the People leader Yuichiro Tamaki’s broader plan to make Japan a Web3 leader. Read Full Article

Source: Coin Tegraph High open interest signals more leverage, which could induce another flush-out if positions are liquidated.  Read Full Article

Source: Coin Tegraph The Federal Reserve Bank of Minneapolis suggests that a ban or tax on Bitcoin could ensure its ability to run permanent budget deficits. Read Full Article

Source: Coin Tegraph Buterin recommended capping the amount of Ether a user can stake and limiting staking penalties to 12.5% of staked Ether. Read Full Article

Source: Bitcoinist SHIB took the crypto market by storm when the Shiba Inu price bolted to its peak in 2021. Initially created as a lighthearted alternative to DOGE, it caught investors’ attention and resulted in this meteoric rise.  However, the hype surrounding the memecoin is waning and needs help maintaining its momentum. Investors are worried…

Source: Coin Tegraph DeFi protocol Tapioca DAO said it was hacked for $4.7 million, now its offering its attacker a “significantly higher” bounty to try get most of the funds back. Read Full Article

Source: Coin Tegraph The deal marks one of crypto’s largest acquisitions, allowing more businesses to deal in stablecoins.  Read Full Article

Source: Bitcoinist Adopting crypto has been one of the key discussions among BRICS member states in a business forum held in Moscow on Friday. The BRICS (Brаzil, Russiа, Indiа, Chinа, аnd South Africа) bloc seeks to reduce its reliance on Western financial systems by introducing an alternative payment system to the SWIFT payment network. Digital…

Source: Bitcoinist Between 2023 and 2024, the number of Bitcoin millionaires climbed by almost 111%, reaching 85,400 or 49.6% of all crypto millionaires in 2024. Regarding cryptocurrency billionaires, five of the six newcomers this year also trace their success to Bitcoin, Henley & Partners disclosed in its 2024 Crypto Wealth Report. The Emerging Tide Of…

Source: Coin Tegraph The most recent Polymarket odds put Trump’s chances of winning the 2024 Presidential election at 60.3% and winning all six swing states. Read Full Article