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US to establish Bitcoin tax-free zone for digital economy growth

The USABTC policy group proposes a groundbreaking tax-free Digital Economic Zone (DEZ) for Bitcoin to boost the US economy while securing the dollar’s global dominance. Source link

US policy group proposes Bitcoin tax-free zone for digital economy growth

The USABTC policy group proposes a groundbreaking tax-free Digital Economic Zone (DEZ) for Bitcoin to boost the US economy while securing the dollar’s global dominance. Source link

WazirX to reverse trades after $235M crypto hack

WazirX, one of the largest crypto exchanges in India, lost $235 million to a multisig wallet security breach in July 2024. Source link

Bitcoin speculators sit on 93% unrealized losses after $365M 'wipeout'

Bitcoin futures liquidations leave market newcomers licking their wounds after a giant BTC price drawdown. Source link

New York judge nods $12.7B settlement between FTX, Alameda and CFTC

United States District Judge Peter Castel has officially signed off on a settlement between FTX and the commodities regulator, meaning $12.7 billion will be paid back to FTX creditors. Source link

Bitcoin possibly undervalued as Mayer Multiple hits lowest since FTX collapse

The popular Bitcoin valuation metric hasn’t been at this level since the downfall of cryptocurrency exchange FTX in November 2022. Source link

Metaplanet secures 1B yen loan to buy more Bitcoin

Just two days after revealing plans to raise $70 million via a stock rights offering, ‘Asia’s MicroStrategy’ has taken a $6.8 million loan from one of its shareholders to buy more Bitcoin. Source link

Bitcoin whale txs hit highest levels in 4 months amid crypto dip

Santiment found that wallets holding between 10 and 1,000 BTC “rapidly accumulated” as Bitcoin fell under $50,000 amid “Crypto Black Monday.” Source link

Crypto coalition calls for ‘clear rules of the road’ from Biden, Harris

Some of the CMIC members in support of the letter include Robinhood, BitGo, OKX, Gemini, Chainalysis, Elliptic, TRM, Kaiko and Matrixport. Source link

Bitcoin’s impending ‘death cross’ might not be ‘so deadly’ for BTC bulls — Analyst

Bitcoin appears on the verge of confirming a death cross, but one analyst says historical data suggests it’s nothing to worry about. Source link