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Cryptography News
Coindoo
1w
25
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U.S. House Declares Mid-July “Crypto Week” as Key Bills Head for Vote
- The U.S. House will vote on three key bills related to cryptocurrencies and digital currencies that could have a significant impact on the industry.
- The bills include the CLARITY Act, GENIUS Act, and Anti-CBDC Surveillance State Act, addressing regulatory transparency, innovation, and privacy concerns regarding central bank digital currencies.
- The CLARITY Act aims to reduce regulatory ambiguity, the GENIUS Act supports financial innovation, while the Anti-CBDC Surveillance State Act seeks to limit potential government overreach through digital currencies.
- The outcomes of these votes could shape the future of U.S. crypto regulation and influence discussions around privacy and financial freedom.
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Coindoo
1w
104
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TON Wallet Backed by Pantera Raises $28.5M for Global Expansion
- TON Wallet, backed by Pantera Capital, raises $28.5 million for global expansion, with the investment led by Ribbit Capital.
- The funding round was entirely in equity, focused on scaling services into new markets and building legal and operational infrastructure.
- The company plans to expand its wallet services into regulatory-heavy markets like the U.S. and Europe and invest in blockchain-based games and AI products on the TON network.
- The TON ecosystem, with more than $70 million raised to date, sees renewed confidence and aims to serve as a gateway between Telegram's user base and decentralized applications.
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Coindoo
1w
71
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Ethereum (ETH) Likely to Enter a Cool-Off Phase in July as This New Token Under $0.0015 Heats Up
- Traders foresee ETH cooling off in July and focus shifts to a new token.
- A meme token priced under $0.0015 gains traction amid Ethereum's stabilization.
- Little Pepe (LILPEPE) attracts attention with Layer 2 blockchain and unique features.
- Presale dynamics and community engagement signal growing interest in LILPEPE.
- LILPEPE offers solid technical infrastructure and potential growth as Ethereum stabilizes.
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Bitcoinmagazine
1w
155
Senator Lummis’ New Bill Enables Tax-Exempt Bitcoin Spending — But Thresholds Are Too Low
- Senator Lummis introduced a bill allowing U.S. citizens to spend up to $300 worth of bitcoin on goods and services annually without paying capital gains taxes.
- There is a yearly cap of $5,000 on tax-exempt bitcoin spending with adjustments for inflation starting in 2026.
- Critics argue that the thresholds for tax-exempt bitcoin spending are too low and propose removing caps while maintaining purchases for goods and services.
- Despite some dissatisfaction with the bill's limits, there is an acknowledgment of Senator Lummis' effort to promote legislation for tax reform related to bitcoin spending.
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Coindoo
1w
293
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Banks Might Soon Own Ethereum – Here’s Why
- Stablecoins are deepening the connection between traditional finance and the crypto world, with Ethereum at the center of it all.
- Financial giants like JPMorgan and Goldman Sachs may start running validators on the Ethereum network by acquiring and staking ETH to secure stablecoin infrastructure.
- Ethereum hosts most stablecoin activity and stands to benefit from the market's potential growth, with firms like Bitmine Immersion launching a $250 million round to purchase ETH.
- Investors, including Pantera and Kraken, believe in Ethereum's future as a financial infrastructure, emphasizing the importance for banks to own a stake in it for long-term benefits.
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Coindoo
1w
113
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Best Crypto to Watch Now- 4 Hidden Gems Leading the Next Blockchain Boom
- Qubetics ($TICS) offers Real World Asset Tokenization Marketplace for global trade.
- Celestia focuses on scalable Web3 deployment with modular blockchain architecture.
- Cosmos enables multichain connectivity through IBC protocol for secure transactions.
- Cronos, backed by Crypto.com, facilitates DeFi growth and NFT activities seamlessly.
- These projects showcase innovation and potential making them crypto gems to watch.
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Coindoo
1w
62
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Here is Why Trump’s New Debt Bill Could Be Bad News for Bitcoin
- President Trump signing the new economic bill could lead to a temporary drop in Bitcoin's price, according to predictions by experts.
- The bill includes tax cuts and a higher debt ceiling, potentially causing the U.S. Treasury to borrow heavily, which might affect liquidity in risk assets like Bitcoin.
- Despite the short-term pressure, experts believe that the bull cycle for Bitcoin remains intact, and the cryptocurrency is expected to continue its upward trend.
- There is a growing connection between cryptocurrency and U.S. fiscal policy, with stablecoins potentially becoming tools for managing national debt, a trend that might shift control to regulated financial institutions.
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Coindoo
1w
365
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New Euro Stablecoin Goes Live on Cake Wallet
- A new Euro stablecoin has been introduced on Cake Wallet, allowing users to mint euro-pegged tokens without selling their holdings.
- The dEURO model relies on overcollateralization to ensure stability and resist price swings, triggering automatic liquidations if collateral levels drop too low.
- Users can earn up to 10% yield from the collateral pool funded by stability fees from dEURO minters, without giving up custody.
- Despite past failures in decentralized stablecoins, Cake Wallet's integration of dEURO signals progress in developing non-U.S.-dollar-dominated stablecoin alternatives in the European digital asset ecosystem.
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Bitcoinmagazine
1w
335
Senator Lummis Introduces Digital Asset Tax Legislation
- U.S. Senator Cynthia Lummis has introduced comprehensive digital asset tax legislation aiming to boost Bitcoin and other cryptocurrencies.
- The legislation includes measures to streamline tax rules, support Bitcoin innovation, and eliminate bureaucratic obstacles.
- Key provisions of the bill include a de minimis exemption, aligning tax treatment for crypto lending with traditional securities, and deferring taxation on mining and staking.
- The legislation is estimated to generate around $600 million in net revenue during the 2025-2034 budget window and encourages public input for further refinement.
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Cryptopotato
1w
4
Image Credit: Cryptopotato
Chainwire Expands to 25 Regional PR Packages, Delivering Localized Crypto PR at Global Scale
- Chainwire, a leading press release distribution platform for crypto projects, has expanded its global infrastructure by launching 25 regional PR packages.
- These packages enable Web3 teams to publish press releases translated and distributed to top crypto media outlets in specific regions, providing guaranteed placement and real-time visibility.
- The expansion includes over 100 regional crypto media partners, offering an extensive native-language PR distribution network to cater to the growing need for localized communication in global markets.
- Each regional package includes human translation, syndication to top regional crypto news sites, and placement on relevant platforms, covering major markets in Asia-Pacific, Europe, MENA, Americas, CIS, and other regions.
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Coindoo
1w
16
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Bitcoin Faces Sell Signal That Preceded Past Crashes
- The Tom DeMark (TD) Sequential technical tool, known for signaling trend reversals, has indicated a potential sell signal for Bitcoin.
- Similar indicators appeared before major Bitcoin crashes in 2015 and 2018, leading to drawdowns of over 75% in both instances.
- If history repeats, Bitcoin could see a more than 60% drop from its current price, potentially falling below $40,000.
- On-chain data shows a significant decrease in large-scale Bitcoin transactions and net demand, hinting at a possible downward movement for Bitcoin.
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Coindoo
1w
41
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House Passes Trump’s Trillion-Dollar Tax Bill, Sparking Bitcoin Hedge Narrative
- The House passes Trump's trillion-dollar tax bill after a tense 24-hour standoff and intense negotiations.
- The final vote of 218-214 fell largely along party lines and met the president's July 4 deadline, ending a four-month battle with ideological rifts.
- The bill's passage is expected to significantly increase government borrowing and could lead to a weaker U.S. dollar and rising inflation.
- Analysts predict interest in alternative assets like Bitcoin may rise as investors seek to hedge against dollar depreciation and long-term debt concerns.
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Coindoo
1w
357
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Canadian Fintech Charts Bold Bitcoin Path for Corporate Treasury
- Canadian fintech company, Mogo, is making a bold move by incorporating Bitcoin into its corporate treasury strategy.
- The decision involves funding the move through available cash, asset liquidations, and proceeds from selling its stake in WonderFi to Robinhood.
- Mogo plans to use Bitcoin as a performance benchmark across its business operations, requiring investments to outperform Bitcoin's long-term return expectations.
- The company aims to deepen its integration of Bitcoin, offering BTC-collateralized loans, blending equities and crypto in portfolios, and exploring stablecoin infrastructure for cross-border payments.
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Zycrypto
1w
357
Image Credit: Zycrypto
Altcoin Season Begins with Bitcoin Solaris: Early Holders Positioned for Bitcoin-Level Capital Creation
- Bitcoin Solaris emerges as the breakout star of the current altcoin season.
- BTC-S combines decentralized strength with speed and flexibility, aiming for mainstream adoption.
- The project introduces the Solaris Nova app for mobile mining and innovative reward system.
- Presale gains momentum with increasing participation, projecting substantial returns for early backers.
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Bitcoinmagazine
1w
100
Bitcoin Miner Riot Produces 450 Bitcoin In June
- Riot Platforms, Inc. reported producing 450 Bitcoin in June 2025, showing a 12% decrease from May but a 76% increase compared to the previous year.
- The company sold 397 Bitcoin for $41.7 million, a 21% decrease in volume compared to May but at a higher average price per coin of $105,071.
- Riot's average operating hash rate decreased by 5% month-over-month to 29.8 EH/s but remained 162% higher than a year ago.
- CEO Jason Les mentioned that the power strategy, including participation in demand response programs, contributes to grid stability and enhances Riot's competitive positioning.
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