Biden opposes agreement that could protect “tax cheats and crypto traders”
Biden opposes agreement that could protect “tax cheats and crypto traders”The Biden administration previously said that cutting tax loopholes could save $18 billion despite competing proposals from the Republican party.
Happy Monday!The global crypto market cap is $1.12 trillion, with a 24-hour volume of $25 billion. The price of Bitcoin is $26,854.41, and BTC market dominance is 46.3%. The price of Ethereum is $1,817.34, and ETH market dominance is 19.5%. The best-performing sector is Yield Farming, which gained 8%. The Crypto Fear & Greed Index is currently Neutral (49). Top News
Biden opposes agreement that could protect “tax cheats and crypto traders”The Biden administration previously said that cutting tax loopholes could save $18 billion despite competing proposals from the Republican party. Huobi ordered to cease operations by Malaysian regulatorsMalaysia's Securities Commission advised Huobi users in the country to withdraw their assets from the platform immediately. MetaMask firm counters FUD, says it doesn’t collect taxes from wallet usersConsenSys said that it only collects sales taxes certain other paid services. Latest Insights
More NewsHotbit shuts down as cyber attacks, crypto crises weaken its operationsHotbit said centralized exchanges have to either embrace regulation or become more decentralized to succeed. CryptoSlate wMarket Update: TRON leads top 10 in otherwise flat marketThe wMarket Update condenses the most important price movements in the crypto markets over the reporting period, published 07:45 ET on weekdays. Saylor advocates Ordinals Protocol, eyes global Bitcoin adoptionMichael Saylor's support for the Ordinals protocol - unlocking Bitcoin's potential to serve a global audience. Jack Mallers said he didn’t trick anyone about Strike’s expansion plansJack Mallers addresses claims he tricked people about Strike's ambitions to conquer the global crypto money app market. Strike integrates Tether’s USDT for paymentsTether's CTO Paolo Ardoino said the move signifies the growing acceptance of stablecoins as a reliable digital payment solution.
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Tether’s Bitcoin bet puts it in competition with MicroStrategy, has potential to cause market volatility
Sunday, May 21, 2023
CryptoSlate's latest market report dives deep into Tether's plan to buy Bitcoin every month and analyzes the impact it could have on the market.
Cardano’s Hoskinson calls Ethereum Classic ‘scam’ after Ergo’s exclusion from Proof-of-Work Summit
Saturday, May 20, 2023
Cardano founder Charles Hoskinson said Ergo is what Ethereum Classic should have been because it "continues to innovate [and] has a purpose."
PSYOP memecoin faces identity crisis amidst questionable token launch
Friday, May 19, 2023
Explore the PSYOP token drama as its creator accuses a rival of imitation, and an independent media studio condemns the project as a scam from top to bottom.
Bitboy dumps eponymous crypto tokens after promising not to sell
Thursday, May 18, 2023
Bitboy defended his sales, saying the BEN token has a new backer struggling to move funds through traditional accounts.
Countdown to Bitcoin halving: Less than 50,000 blocks remaining
Wednesday, May 17, 2023
Bitcoin reaches 50000 block milestone, fueling bullish sentiment.
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