CryptoNews

Poll: Low Support for Federal Crypto Spending; White House Fact Sheet Contradicts Survey

March 18, 2025
A recent survey by Data for Progress found that only about 10% of US voters want the Trump administration to increase federal funding for cryptocurrency and blockchain development. However, a White House fact sheet clarifies that the strategic reserve will be funded exclusively with bitcoin seized through criminal or civil asset forfeiture, requiring no taxpayer contributions. U.S. Bitcoin…
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US Spot Bitcoin ETFs Lost 55,348 BTC Worth $4.58B in Just 35 Days

March 17, 2025
According to the latest data, U.S. spot bitcoin exchange-traded funds (ETFs) have trimmed their holdings by 4.76% since Feb. 6, 2025. From Jan. 1 to Feb. 6, these funds added roughly 56,802.86 BTC to their balance sheets, but the past 35 days have seen a 55,348.00 BTC pullback. Spot Bitcoin ETFs Add Dramatic Twist: 2025’s Gains Are Followed by Sharp Declines Current data shows U.S. spot…
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SEC vs Ripple: How Lawsuit Over XRP Could Wrap up in Days

March 17, 2025
A legal expert has outlined how the SEC’s lawsuit against Ripple over XRP could end within days, but a major hurdle—navigating the court’s injunction—may complicate the resolution. Ripple’s Legal Battle With SEC Over XRP Could Be Over in Days—If This Condition…
CryptoNews

South Korea Opens Door to Institutional Crypto Investment

March 13, 2025
South Korea is shifting its stance on crypto, moving towards a more open approach by lifting its ban on institutional crypto trading.The Financial Services Commission (FSC) will release crypto investment guidelines, with staggered timelines for different participants. This move aims to develop the crypto market while ensuring user protection. The guidelines will include best practices for crypto…
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CryptoNews

Congress Torches IRS Crypto Rules in Major Win for Digital Assets

March 12, 2025
Congress just delivered a massive win for crypto innovation, overturning the controversial IRS crypto rules that critics say stifled digital asset growth and pushed development overseas. US House and Senate Overturn IRS Crypto Rules, Easing Compliance Burdens The U.S. House of Representatives approved H.J. Res. 25 on March 11, aiming to overturn the previous administration’s “Broker Rule,”…
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