Kyrgyz Republic proposes digital som legislation, CBDC launch by 2027

The post Kyrgyz Republic proposes digital som legislation, CBDC launch by 2027 appeared on BitcoinEthereumNews.com. The small Central Asian country is currently taking public comments on its framework legislation. The National Bank of the Kyrgyz Republic (NBKR) has released draft legislation on the creation of a Kyrgystani som central bank digital currency (CBDC). The legislation […]

US Inflation: Trump Vows To Tackle Inflation Amid Fed’s 50 Bps Rate Cut Odds

Donald Trump has accused the Biden administration of causing high inflation in the United States and promised to reduce it if he comes back to power. This comes as the Federal Reserve continues to weigh a potential rate cut in September and as escalation remains a key concern for the economy and the upcoming presidential […]

IRS Unveils Updated Crypto Reporting Form for US Taxpayers

The post IRS Unveils Updated Crypto Reporting Form for US Taxpayers appeared on BitcoinEthereumNews.com. The Internal Revenue Service (IRS) published a revised Form 1099-DA. According to the IRS Commissioner, the revised form will provide taxpayers more clarity. Starting in 2026, taxpayers will be able to report digital asset transactions using an updated draft form provided […]

What Are the Chances of the Next Big Breakthrough in Bitcoin Happening Before 2025? Here’s What Experts Say

The post What Are the Chances of the Next Big Breakthrough in Bitcoin Happening Before 2025? Here’s What Experts Say appeared on BitcoinEthereumNews.com. As the financial world adjusts to the recent launch of spot Ethereum ETFs, investors are turning their attention to the next potential milestone in cryptocurrency products: spot Bitcoin ETF options. According to […]

Cardano Advances with Hydra Upgrade as Chang Hard Fork Nears

The post Cardano Advances with Hydra Upgrade as Chang Hard Fork Nears appeared on BitcoinEthereumNews.com. Cardano has recently implemented a significant upgrade to its Hydra Head scaling solution, marking a key step towards enhancing network transactions. This development comes as the network approaches the highly anticipated Chang hard fork. Hydra Upgrade Brings Key Changes Ahead […]

Tether Collaborates with Africa Blockchain Institute to Educate Students About Blockchain Technology

The post Tether Collaborates with Africa Blockchain Institute to Educate Students About Blockchain Technology appeared on BitcoinEthereumNews.com. Tether, the world’s largest stablecoin ($USDT) issuer firm, announces to collaborate with the Africa Blockchain Institute (ABI) to educate students about Blockchain Technology in the Ivory Coast. Through this strategic collaboration, Africa Blockchain Institute aims to conduct educational […]

450,000+ BTC Addresses Now Hold $100K as Bitcoin Economy Thrives in 2024

The post 450,000+ BTC Addresses Now Hold $100K as Bitcoin Economy Thrives in 2024 appeared on BitcoinEthereumNews.com. Bitcoin’s value has surged, creating significant milestones and broadening interest, leading to a substantial increase in Bitcoin addresses with balances over $100,000. The cryptocurrency market has shown a diverse range of holders, from individual investors to government reserves. […]

Bitcoin Longs Worth $1.32 bln at Risk if Price Dips Below $59,000

The post Bitcoin Longs Worth $1.32 bln at Risk if Price Dips Below $59,000 appeared on BitcoinEthereumNews.com. Bitcoin (BTC) the world’s biggest cryptocurrency has been moving sideways continuously for the last 48 hours. This sideways movement in BTC is causing billions of dollars worth of short-term long positions to be at risk of liquidation due […]

Uniswap Layer 2 Addresses are Up 350% – But There’s a Catch

The post Uniswap Layer 2 Addresses are Up 350% – But There’s a Catch appeared on BitcoinEthereumNews.com. June and July set consecutive all time high unique L2 addresses on Uniswap. Uniswap’s Layer 2 user count is skyrocketing, setting new highs in both June and July – but there’s a catch. The protocol’s trading volume is […]

Solana Developers Quietly Patched a Critical Vulnerability

The post Solana Developers Quietly Patched a Critical Vulnerability appeared on BitcoinEthereumNews.com. Solana developers quietly found and fixed a critical vulnerability this week, with few people noticing. On one hand, the stealthy patch raises questions on how decentralized the third-largest blockchain by total-value locked is. On the other hand, some might be relieved the vulnerability […]