A new report from Cornell Brooks School Tech Policy Institute suggests that a US de minimis tax exemption for bitcoin and crypto payments under $300 could generate up to $2.58 billion in net federal revenue over 10 years by encouraging more spending and easing reporting burdens. The proposed bill, S. 2207, aims to exempt small crypto transactions from capital gains tax, potentially increasing bitcoin adoption and demand as a payment method. While the immediate impact on bitcoin price and tax revenue may be limited, the exemption could strengthen bitcoin's role in the economy long-term and inspire similar policies globally, supporting broader economic growth and government revenue.
On September 11, 2026, the XRP Ledger will activate the fixCleanup3_3_0 amendment, a set of protocol corrections improving advanced features like vaults, lending, and automated market makers. This update requires node operators and users with self-ho...
Zcash (ZEC) sees heavy short positioning among top Binance traders, with nearly 72% holding shorts, signaling bearish sentiment. However, aggressive spot market buyers continue to absorb supply, creating a divergence that challenges the bearish outlo...
Rosen Law Firm is investigating a class action lawsuit against Disc Medicine, Inc. after the FDA issued a Complete Response Letter rejecting the company's new drug application for bitopertin due to uncertainties requiring more evidence. This announce...
Venice Token (VVV) surged 33.11% to $25.08 following a verified transfer of 16,563 tokens to the zero address, identified as a discretionary burn by Venice. This burn, alongside scheduled emissions cuts reducing annual token issuance, supports a narr...
China's producer price index rose 3.8% in August, surpassing forecasts and July's 3.5%, driven by higher global commodity prices and strong demand in high-tech sectors. Consumer inflation also accelerated to 0.8% year-on-year, reflecting seasonal foo...
