US government shutdown enters day 1: How is the SEC still functioning?
In addition to restrictions on enforcement actions and ongoing litigation, the agency will likely stop reviewing crypto ETF applications. Source link
UAE Regulator Clamps Down on Farmland Used for Crypto Mining
The Abu Dhabi Agriculture and Food Safety Authority (ADAFSA), the agricultural regulator for the emirate of Abu Dhabi, United Arab Emirates (UAE), announced a ban on using agricultural land for crypto mining. Violators will face a 100,000 AED fine ($27,229), and the ADAFSA will suspend municipal services, confiscate mining hardware, and disconnect the farmland from…
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How to Use Google Gemini to Analyze Crypto Coins Before Investing
Key takeaways Gemini is a research assistant for summarizing data and analyzing text, not a financial adviser for predicting prices. The quality of your research output depends entirely on the specificity and structure of your prompts. A repeatable workflow involves deconstructing a project’s fundamentals, analyzing its economics and mapping its competitive landscape. Always verify AI-generated…
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What Shutdown? Bitcoin Bulls Head Toward $118,000
Key points: Bitcoin is trying to break $118,000 for the first time since mid-August. US labor market weakness drives crypto and risk assets higher despite the US government shutdown. Any dips are “buy opportunities,” BTC price analysis says. Bitcoin (BTC) sought six-week highs after Wednesday’s Wall Street open as markets shrugged off the US government…
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UK Central Bank Eyes Stablecoins to Reduce Reliance on Banks
Bank of England (BoE) Governor Andrew Bailey suggested that stablecoins could reduce the United Kingdom’s reliance on commercial banks, signaling a potential shift in the central bank’s stance toward digital assets. In a Wednesday article in the Financial Times, Bailey said that the current financial system combines money and credit creation through fractional reserve banking,…
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Senate Reviews Crypto Taxes Following CAMT Guidance By IRS
The US Senate Finance Committee will hold a hearing Wednesday on cryptocurrency taxation, a day after the Treasury Department and Internal Revenue Service (IRS) issued interim guidance easing corporate crypto tax rules. The Treasury and IRS on Tuesday issued interim guidance aimed at easing compliance under the Corporate Alternative Minimum Tax (CAMT), including for companies…
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US Government Shutdown Spurs Crypto Market Bottom Calls From Analyst
The United States government entered its first shutdown in six years on Wednesday, a political standoff that coincided with a rise in Bitcoin and gold as investors sought safe-haven assets. The US government is experiencing its first shutdown since the 35-day closure in December 2018, stemming from deep partisan divisions that have made Congress unable…
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Are quantum computers stealing Bitcoin? Inside Josh Mandell’s claim and the pushback
Is quantum Bitcoin hacking here? Bitcoin was built on the principle that once funds are secured by a private key, only the holder can access them. But what if that assumption no longer holds? In what was reportedly a now-deleted post on X, former Wall Street trader Josh Mandell alleged that quantum computers are being…
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Bitcoin Price Looks Set for Big Gains Toward $138K in ‘Pumptober’
Key takeaways: BTC must clear the next significant resistance level to unlock targets at $127,000–$137,000. On-chain data shows room to run, with $122,000 and $138,000 as the key risk levels. Bitcoin (BTC) closed September with a 5.35% gain, shaking off a late-month correction. Historically, such green Septembers have set the stage for a bullish “Pumptober,”…
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Tornado Cash Co-founder Fights to Void Sole Conviction
Roman Storm, co-founder of Tornado Cash, has asked a US federal judge to acquit him of his sole conviction for unlicensed money transmission and the jury’s hung counts for money laundering and sanctions violations, arguing prosecutors failed to prove he intended to help bad actors misuse the crypto mixer. According to legal documents filed on…
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