House Committee Proposes Seven New Bills to Reform Cryptocurrency Tax Rules
The US House Ways and Means Committee unveiled seven draft bills aiming to clarify taxation of digital assets, covering mining, staking, stablecoins, and wash-sale rules.
The US House Ways and Means Committee unveiled seven draft bills aiming to clarify taxation of digital assets, covering mining, staking, stablecoins, and wash-sale rules.
Peeva Beverages has entered a one-year partnership to become the official beverage sponsor of Medeama Sporting Club, strengthening ties between the brand and the football club.
U.S. defense support for Pakistan’s F-16 fleet has inadvertently given China sustained access to advanced American military technologies, sparking concern in India about regional security exposure.
India’s economy is projected to slow down to a 6.6% growth rate in FY27, affected by rising crude prices, weaker monsoon rains, and increasing inflation, according to a recent report.
Bitcoin’s ongoing slide deepens with significant institutional outflows and macroeconomic uncertainties fueling concerns over further declines in its value.
The Crypto Fear and Greed Index fell to 12, signaling extreme fear as Bitcoin dipped to $61,100 and major cryptocurrencies faced steep losses amid sustained ETF outflows.
Analysts suggest gold’s potential rally may signal a retail-driven altcoin surge, highlighting a scenario where the crypto market’s next big phase bypasses Bitcoin dominance.
Bitcoin dropped below $60,000 amid shifting investor focus and liquidity changes, continuing its downward trend from last year’s peak above $126,000.
The Senate has passed a $70 billion immigration funding bill, sparking debate over Justice Department allocations linked to the January 6 Capitol attack.
Bitcoin’s price continues downward pressure, breaking below key support levels on the Rainbow Chart and signaling potential further decline toward $51,000.