Author: Token Flash
Billionaire investor Bill Miller IV said the U.S. should scrap capital-gains taxes on Bitcoin, arguing the cryptocurrency’s design makes traditional tax treatment ill-suited. Speaking in a media interview reported on 6 July, Miller contended that taxing gains on Bitcoin “doesn’t make a ton of sense” and urged lawmakers to consider a zero-rate regime.Miller’s remarks arrive amid unverified reports that former President Donald Trump is exploring a 0% capital-gains rate for all U.S. crypto investments. The Trump campaign has not commented, and no draft legislation has been filed. Even so, the comments add to growing pressure in Washington to clarify—or overhaul—how…
Elon Musk said his newly formed America Party will incorporate Bitcoin into its economic platform, declaring that “fiat is hopeless.”Elon Musk said his newly formed America Party will incorporate Bitcoin into its economic platform, declaring that “fiat is hopeless.” The comment marks the first explicit policy stance from the party, which was announced earlier this year as an alternative to the United States’ two major political organizations.Musk also reiterated that the America Party would not seek new restrictions on gun ownership, describing the Second Amendment as “sacred.” While a detailed policy agenda has yet to be released, the billionaire entrepreneur’s…
The United Arab Emirates’ Federal Authority for Identity, Citizenship, Customs and Port Security, the Securities and Commodities Authority and Dubai’s Virtual Assets Regulatory Authority issued a joint statement denying that crypto investors can qualify for the country’s 10-year Golden VisaThe United Arab Emirates’ Federal Authority for Identity, Citizenship, Customs and Port Security, the Securities and Commodities Authority and Dubai’s Virtual Assets Regulatory Authority issued a joint statement denying that crypto investors can qualify for the country’s 10-year Golden Visa. The regulators said digital-asset holdings are not among the approved eligibility categories and added that Toncoin is neither licensed nor regulated…
Most large-cap crypto assets are down slightly, with the exception of XRP.The total cryptocurrency market cap dropped 3.5% to $3.4 trillion on Monday, starting the week in red as United States President Donald Trump renewed geopolitical tensions ahead of his Wednesday tariff deadline.Both Bitcoin (BTC) and Ethereum (ETH) are down about 0.6% on the day and are currently trading at $108,000 and $2,540, respectively. Meanwhile, Solana (SOL) held steady at $151, while XRP bucked the trend, growing 3% to $2.34, according to CoinGecko data. Last week, Ripple Labs — the original core contributor to XRP — revealed that is has applied for…
Russia has introduced a nationwide registry of cryptocurrency-mining equipment, marking its most comprehensive effort yet to monitor the industry’s energy consumption and curb unlicensed operationsRussia has introduced a nationwide registry of cryptocurrency-mining equipment, marking its most comprehensive effort yet to monitor the industry’s energy consumption and curb unlicensed operations. The database, jointly developed by the Energy Ministry, the Federal Tax Service and the Digital Development Ministry, has been circulated to regions with heavy mining activity, according to local media reports.The system will record the type and capacity of hardware used by miners and link that information to electricity-use data, allowing…
Ethereum co-founder Vitalik Buterin and Ethereum Foundation researcher Toni Wahrstätter have filed Ethereum Improvement Proposal 7983, calling for a hard cap of 16.77 million gas on every transaction executed on the network.Ethereum co-founder Vitalik Buterin and Ethereum Foundation researcher Toni Wahrstätter have filed Ethereum Improvement Proposal 7983, calling for a hard cap of 16.77 million gas on every transaction executed on the network.The authors say the limit would curb denial-of-service vectors, make block verification times more predictable and improve compatibility with zero-knowledge virtual machines, which rely on smaller, modular transactions. They stress that the measure does not alter Ethereum’s overall…
Business-intelligence firm Strategy said it has launched a $4.2 billion at-the-market offering for its 10% perpetual STRD preferred stock.Business-intelligence firm Strategy said it has launched a $4.2 billion at-the-market offering for its 10% perpetual STRD preferred stock. The company plans to sell the shares gradually, citing market price and trading-volume considerations.Strategy said net proceeds will be used for general corporate purposes, including the acquisition of additional Bitcoin and the payment of dividends on its Series A preferred shares. Executive Chairman Michael Saylor has repeatedly framed Bitcoin accumulation as a core component of the firm’s capital-allocation strategy.This is an AI-generated article…
The quote “signs of froth are indistinguishable from signs of adoption” is one of the many sayings from Su Zhu, one of the founders of the now bankrupt Three Arrows Capital, that often feels like genius in the moment, and looks foolish in hindsight. The current environment, where microcap publicly traded companies are buying 10 times their valuation in speculative altcoins, is probably a good time to look back on how poorly this mindset has aged. Source link
Our chart of the week is SEI.Bitcoin is back at range highs after a short detour to test support during the height of the Middle East conflict.Yet again, bulls need to trigger a breakout above $110K, while bears would like to break through the recent lows. Triple tops are rare, so I’m giving the bulls the benefit of the doubt as long BTC trades above $105K.“an industry must-read”The new and improved DeFi Alpha premium subscription is packed with degen-friendly features and alpha leaks.We’ve produced over 500 tutorials and articles on the most profitable opportunities in Crypto/DeFi, from airdrops to the…
A few months ago, Degen Spartan, an anon DeFi trader and member of Egirl Capital, posted an article on the difference between “playing to win” and “playing to not lose.”The whole premise was to take your foot off the gas and “play to not lose” (don’t blow yourself up or lose significant capital) when the risk-to-return ratio was not in the trader’s favor. However, for some, the easiest way to avoid losing is simply not to play at all. Source link