Crypto

July 3, 2025
Adam Forsyth
Crypto

Senator Lummis proposes to exempt small crypto transactions from taxes, ending double taxation for miners and stakers

Key Takeaways Senator Lummis introduced legislation to modernize crypto tax rules and encourage innovation. The proposal includes a $300 de minimis exemption and updated rules for miners, stakers, and...

July 3, 2025
Adam Forsyth
Crypto

BlackRock’s spot Bitcoin ETF IBIT Surpasses S&P 500 ETF Annual Revenue

BlackRock’s spot Bitcoin ETF, trading under the ticker IBIT, has overtaken BlackRock flagship S&P 500 ETF (IVV) in annual revenue generation. Despite being a fraction of its size in...

July 3, 2025
Adam Forsyth
Crypto

ETH Skyrockets 7% Daily, the Bulls Eye $2,800 Next

Ethereum has shown strength by reclaiming the critical 200-day moving average at $2.5K, signalling growing bullish momentum. If buying interest remains strong, a continued push toward the $2.8K resistance...

July 3, 2025
Adam Forsyth
Crypto

Dow Jones eyes 45,000 level after strong jobs report

The S&P 500 hit a new record high while the Dow Jones Industrial Average opened higher on Thursday, July 3, as U.S. stocks climbed following a positive market reaction...

July 3, 2025
Adam Forsyth
Crypto

Coinbase acquires web3 startup Liquifi after $2.9B Deribit deal

Key Takeaways Coinbase acquired Liquifi to strengthen token management and streamline token launches for blockchain developers. Liquifi’s integration will offer enhanced compliance, vesting, and compensation tools to onchain project...

July 3, 2025
Adam Forsyth
Crypto

XRP Crypto on Course to Break $3 as Ripple Applies for a National Banking License

XRP crypto bulls are targeting $3. Ripple, the issuer of RLUSD stablecoin, has submitted an application to the OCC for a national banking license. Yesterday, XRP crypto surged, closing...

July 3, 2025
Adam Forsyth
Crypto

Bitcoin Price Shoots Toward $110K while Fartcoin and BONK Lead Meme Coin Gains: Market Watch

Bitcoin’s price is starting to heat up again, pushing towards the important $110,000 level and recording an increase of around 1.6% in the past 24 hours. This comes amid...

July 3, 2025
Adam Forsyth
Crypto

Infinity Ground to debut on Binance Alpha on July 5

Infinity Ground, an AI-powered Web3 development platform that allows users to create Web3 apps by chatting in natural language, is set to debut on Binance Alpha on July 5....

July 3, 2025
Adam Forsyth
Crypto

Ripple applies for US banking license, eyes mainstream finance

Key Takeaways Ripple joins a wave of crypto firms seeking federal banking licenses. Beyond its stablecoin business, Ripple hinted at plans to offer broader crypto-based financial services under a...

July 3, 2025
Adam Forsyth
Crypto

Ripple Files for U.S. Banking License for XRP and RLUSD

Ripple is making a serious move into traditional finance. The company behind XRP has applied for a national banking charter in the United States, aiming to bring its RLUSD...