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Cato Institute, a US-based think tank, has argued the government should remove capital gains taxes on Bitcoin and other cryptocurrencies to open the door for more currency competition.Capital gains tax (CGT) is discouraging the use of alternative currencies like Bitcoin (BTC) as it incentivizes long-term holding and adds extra burdens to reporting requirements, Nicholas Anthony, a policy scholar and research fellow at the Cato Institute, said in a report on Wednesday.He argued the simplest option is to end capital gains taxes completely; however, another option could be removing them on crypto and foreign currency use to “take the government’s thumb…

Tether, issuer of the world’s largest stablecoin USDT, moved 951 bitcoin valued at $70.5 million into a reserve wallet linked to its treasury operations, according to on-chain data from blockchain analytics firms including Arkham Intelligence. The transfer originated from a Bitfinex hot wallet and landed in an address labeled as a Bitcoin reserve account tied to the company. The transaction aligns with a profit allocation policy introduced in 2023 in which Tether assigns 15% of net realized profits toward Bitcoin purchases each quarter. The approach converts revenue from stablecoin issuance into a growing Bitcoin position held on the company balance…

Ethereum (ETH) price trades at $2,355, sitting directly on its 100-day Exponential Moving Average (EMA). A structural indicator says bulls are in control. Whale data and derivatives say otherwise. The two camps are split, and one single level separates their outcomes. A 2% move in one direction settles the argument. Smart Money Stays Bullish Inside an Ascending Channel Ethereum price has traded inside an ascending channel on the daily chart since February 24. The channel formed after ETH hit a low near $1,800. The 100-day Exponential Moving Average (EMA) sits at $2,355. An EMA gives more weight to recent prices…

Bitcoin price jumped past $75,000 on Wednesday as traders recalibrated what the asset represents in the wake of the Iran conflict and an unusually stretched derivatives market. Price action, positioning data, and a real-world test of bitcoin as a settlement rail now point to a market that values the token as more than a volatile wager on tech risk. Bitcoin price traded around $74,000 to $75,000 on April 15, extending a rebound that began after a February low near $60,000. The move leaves the asset up roughly 23% from that trough and about 3% on the week, even as broader…

Bitcoin’s rally toward $75,000 is running into a wall of supply just as institutional demand is holding steady.The move higher has been driven largely by macro flows rather than a broad surge in speculative activity. U.S.-listed spot bitcoin ETFs have continued to draw consistent inflows this month, including roughly $240 million in a single session following geopolitical tensions in the Middle East, according to market maker Enflux. That bid helped lift BTC from around $71,000 to the mid-$70,000s, even as traditional markets absorbed rising oil prices and shifting rate expectations. The pattern, Enflux noted, reflects allocation behavior rather than momentum…

The quantum computing threat has some of Bitcoin’s most vocal developers landing in wildly different places.Blockstream’s CEO, Adam Back, told Paris Blockchain Week attendees on Wednesday that Bitcoin developers should start building optional quantum-resistant upgrades now, even though current quantum computers remain “essentially lab experiments” with progress that has been “incremental” over the 25 years he has tracked the field.”Preparation is key. Making changes in a controlled way is far safer than reacting in a crisis,” the Blockstream CEO said.He pointed to his company’s work testing quantum-resistant transaction signatures on Liquid, a sister network to Bitcoin. He argued that a…

Ripple said this week it had partnered with Kyobo Life Insurance, one of Korea’s largest life insurers, to tokenize government bond settlement using the firm’s Ripple Custody platform.According to a release, the arrangement is Ripple’s first with a Korean insurance institution and is positioned as a step toward compressing Korea’s standard T+2 bond settlement cycle into near real-time execution.The announcement does not specify transaction sizes, a go-live date, or which Korean government bond series will be settled on-chain. Both parties describe the arrangement as a strategic partnership that will also “assess the technical and regulatory feasibility” of broader tokenized treasury…

The White House Council of Economic Advisers released a formal analysis on Tuesday, concluding that allowing stablecoin issuers to pay investors a yield on their holdings would produce only marginal displacement of bank lending, directly contradicting warnings from the banking industry that have stalled the CLARITY Act in the Senate Banking Committee since January 2026. The report, published April 9, 2026, quantifies the banking sector’s claimed exposure as dramatically overstated, projecting that permitting stablecoin yield would increase bank lending by just $2.1Bn, approximately 0.02% of total loans outstanding, rather than triggering the systemic deposit flight that banking lobbyists have argued…

Solana (SOL) treasury companies have shed between 75% and 92% of their stock value since late 2025, as the token’s 34% year-to-date decline punishes concentrated digital asset strategies. Analyst Ted Pillows compared the price action of these firms to that of meme coins on the Solana network, warning investors that the selling may not be over. “They are already down 80%-90%, but could go down another 30%-50% before the bottom,” he said. Forward Industries (FWDI), the largest institutional SOL holder with 6.9 million tokens, has seen its stock plunge over 89% from a multi-year high near $46 recorded in September. …

Santiment has only recorded XRP sentiment this bearish twice in the past two years, and both instances were followed by notable price jumps. Retail sentiment for XRP has dropped to its third-worst level in two years, according to new social data from Santiment. According to the analytics firm, with the token losing about 63% of its value over the last 9 months, conversations around it have become increasingly bearish. However, for patient traders waiting for a contrarian signal, Santiment says this kind of extreme pessimism has often preceded short-term price recoveries. Social Sentiment Hits Extreme Fear Zone Santiment, which tracks…