News list for " urged"
Senator Todd Young, Republican of Indiana, has sent a letter to Secretary of the Treasury Scott Bescent urging the Internal Revenue Service (IRS) to revisit and consider its 2023 guidance on the tax treatment of cryptocurrency staking rewards. As a member of the Senate Finance Committee, Senator Young questioned the reasonableness of the current rule requiring cryptocurrency holders to pay taxes when they "receive" staking rewards, rather than when they "sell" them. A staking is when cryptocurre...
The Federal Reserve remains cautious internally, and the next presidential candidate calls for a 100-point interest rate cut this year! The Department of Justice urges Powell to fire Cook; the United States and Europe finalize a trade deal, and Trump wants to target key minerals... What major events happened around the world yesterday and this morning?
Cryptocurrency lobby group DeFi Education Fund has called on the U.S. Senate Banking Committee to reconsider its plans to regulate the decentralized financial industry after reviewing a discussion draft recently released by the committee on a major cryptocurrency market structure bill. The response, signed by representatives of DeFi Education Fund (DEF) members such as a16z Crypto, Uniswap Labs, and Paradigm, states that the Responsible Financial Innovation Act of 2025 (RFA) should be enacted in...
The decentralized exchange is trying to offer traders a transparent venue for making amplified bets.
The Hong Kong stock Alibaba (09988.HK) continued to rise by more than 4%, and the stock price broke through the high point on October 2 last year, setting a new high since July 2022.
Black Sesame Smart (02533.HK) continued to rise, rising more than 55%.
Hong Kong stocks rallied strongly in early trading, with the Hang Seng Technology Index rising 5% and component stocks XPeng Motors (09868.HK) rising more than 10%.
Cross-border ETFs strengthened again, Harvest German ETFs rose more than 7% to a new high since listing, and Asia-Pacific Select ETFs and Saudi Arabia ETFs rose more than 5% to set new historical highs simultaneously.
Bernstein, the asset manager, urged investors to increase their exposure to bitcoin and cryptocurrencies "as soon as possible".
Bitcoin's unpositioned squaring contracts have surged to $46.59 billion, up 13.3% since Nov. 5. While high unpositioned squaring contracts usually ring alarm bells, a positive funding rate of 0.0100% suggests traders are still bullish with confidence.
