Crypto advocates join in suing Illinois over digital asset tax
The Crypto Council for Innovation and the Blockchain Association added another lawsuit against the state for its recently approved 0.2% crypto tax.
Crypto
MANTRA Halts Chain, Bitcoin Miners Bet on AI, Crypto Phishing Targets 885K Numbers
Today in crypto, MANTRA’s token fell to an all-time low amid a precautionary halt. Bitcoin miners are pouring billions into AI and high-performance computing even as revenue trails investment, while a newly uncovered phishing operation targeted about 885,000 phone numbers worldwide. MANTRA token sinks 18%… Read More
U.S. CFTC chief puts staff on notice to create crypto regulations if Clarity Act fails
Commodity Futures Trading Commission Chairman Mike Selig told the inaugural gathering of the Innovation Advisory Committee that his agency won’t sit idle.
Trader who made $49 million shorting crypto lost $24 million on ether in 12 seconds
The Hyperliquid wallet known as pension-usdt.eth was forced out of a 50,000 ETH short as ether surged, with five liquidation orders helping push the price higher during the unwind.
‘It has to pass’: Andrew Cuomo warns U.S. is falling behind on crypto rules
Former New York Gov. Andrew Cuomo says the CLARITY Act is key to linking crypto and traditional markets.
The crude-diesel price spread is wider than ever. BTC might feel it: Crypto Daily
The takeaway is that even as oil prices retreat from their second-quarter highs, oil products are getting more expensive. The broader market, including BTC, may not have fully priced that in yet. A second detail is that oil itself may be due for a bounce.… Read More