Ethereum rally to $3,700? Unlikely, say two derivatives metrics
Ether derivatives were unable to maintain elevated optimism levels, despite the potential spot ETF and recent macroeconomic data.
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The Lightning Network Lunch: A Bitcoin contactless payment story
A data analyst on the Isle of Man demonstrated how contactless payments work on Bitcoin’s Lightning Network using an NFC enabled "Bolt Card." 323 Total views 5 Total shares The Lightning Network (LN) just got a bit faster, as the suitably named Bolt Card now enables Bitcoin (BTC) enthusiasts to pay for goods and services…

SEC Postpones Decision on Overstock-Affiliated Security Token Exchange
The United States Securities and Exchange Commission is seeking more feedback and more time before it decides whether to approve the launch of the Boston Security Token Exchange (BSTX).In a letter published on April 1, the regulator postponed the current April 2 deadline in light of responses to a recent proposed rule change to BSTX’s…

US senator hints Trump’s latest EO could mean the US buying Bitcoin
Wyoming Senator Cynthia Lummis suggested Donald Trump’s executive order creating a US sovereign wealth fund was a “big deal” for Bitcoin.

Alchemy and Infura block access to Tornado Cash as Vitalik Buterin weighs in on debate
U.S. persons and entities must comply with the Treasury's sanctions or face possible criminal consequences. 538 Total views 5 Total shares According to Twitter user @0xdev0, on Monday, Web3 development platform Alchemy and Infura.io blocked remote procedure call (RPC) requests to cryptocurrency mixer Tornado Cash, preventing users from accessing the applications. The day prior, the…

U.S. law firm says IRS is coming after Coinbase users who evade taxes
Once an IRS investigation or audit is opened, it's too late to make amends, warn tax lawyers. 1195 Total views 15 Total shares The Tax Law Office of David W. Klasing, a boutique California tax firm, has issued a public release warning investors that the United States Internal Revenue Service is getting serious with Coinbase…

Disaster looms for Digital Currency Group thanks to regulators and whales
The cryptocurrency tide is flowing out, and it looks more and more like Digital Currency Group (DCG) has been skinny dipping. But let’s be clear: The current crypto contagion isn’t a failure of crypto as a technology or long-term investment. DCG’s problem is one of failure by regulators and gatekeepers.Since its 2013 inception, DCG’s Grayscale…

Japanese Lawmakers Want US to Place Digital Currencies on G7 Agenda
Japan is feeling the pressure of China’s strident moves forward with a digital yuan. According to a Feb. 7 Reuters report, top lawmakers in the country are calling on their government to push for digital currencies to be placed on the G7’s agenda this year.Akira Amari — former economy minister and a prominent member of the…

Bitstamp apologizes after posting report calling XRP ‘toxic waste’
Bitstamp now regrets posting Messari's 134-page report yesterday that included coarse language and colorful descriptions of certain tokens. Digital asset exchange Bitstamp has apologized for sharing a crypto market report that it claims does not reflect the firm’s “views or values.”In a tweet from Bitstamp posted today, the exchange issued an apology for posting research…