Keith Kelley, a Republican state senator representing Alabama’s 12th district, is sounding the alarm for the potential impact of the federal stablecoin bill, the GENIUS Act, two months after it was signed into law by US President Donald Trump. In a Wednesday op-ed for 1819 News, Kelley said there was a loophole in the GENIUS…
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New batches of cryptocurrency exchange-traded funds (ETFs) from REX and Osprey have cleared the US Securities and Exchange Commission’s (SEC) 75-day review window and are expected to begin trading by Friday, according to Bloomberg Intelligence analyst Eric Balchunas. “Post-effective means that it’s going to launch, basically,” Balchunas told Cointelegraph in a phone interview, referring to…
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Key points: Bitcoin rallied above $114,000 on Wednesday as markets cheered the softer-than-expected inflation figures. Several major altcoins have broken above their overhead resistance levels, signaling the resumption of the up move. Bitcoin (BTC) rallied above $114,000 after the August Producer Price Index (PPI) came in below consensus estimates. The softer-than-expected inflation figures and the…
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The US Senate Banking Committee has advanced the nomination of Stephen Miran to a temporary position on the Federal Reserve Board of Governors after another member resigned in August. In a Wednesday meeting, the banking committee voted along party lines, 13 to 11, to advance Miran’s nomination to the full Senate for consideration. All Democrats…
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StarkWare, a company specializing in zero-knowledge (ZK) technology, a way of verifying information without revealing the specific contents of that information, said it created a ZK verification of the Bitcoin (BTC) blockchain that can run on mobile devices. The proof contains all the Bitcoin block headers from the genesis block until the present, but not…
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Key takeaways Japan plans to replace progressive crypto tax rates up to 55% with a flat 20% by fiscal year 2026. New rules will align digital assets with equities, adding safeguards against insider trading and unfair practices. Investors will gain three-year loss carry-forward provisions, which ease volatility and improve portfolio risk management. Japan shifts from…
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Key points: Bitcoin has not peaked for this bull market, analysis argues after BTC revisits $114,000. History suggests that the bull market would be too short if $124,000 was the top. Liquidity shifts lend “predictability” to the BTC price rebound. Bitcoin (BTC) is “unlikely” to run out of fuel for new all-time highs, says new…
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Key takeaways: Bitcoin broke $114,000 as data showed PPI inflation cooled sharply in August. Traders believe the data could push the Federal Reserve to cut rates in September. Long-term onchain trends show short-term turbulence occurring after Fed rate cuts, then longer-term upside. Bitcoin (BTC) surged above $114,000 for the first time since Aug. 24, extending…
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As the EU Council heads to vote on the so-called “Chat Control” law, Germany could prove the deciding factor. Put forward by Denmark, the law would essentially eliminate encrypted messaging, requiring services such as Telegram, WhatsApp and Signal to allow regulators to screen messages before they are encrypted and sent. Legislators from 15 member states…
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Indian regulators are reportedly holding back from introducing comprehensive crypto rules over concerns that regulation could legitimize digital assets and create systemic risks. According to a Wednesday Reuters report citing documents the outlet’s reporters viewed, the Reserve Bank of India (RBI) maintains the view that containing the risks posed by cryptocurrencies through regulation would be…
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