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news-imageMarch 4, 2025

Thai Police Raid Five Crypto Firms, Arrest 11 in Crackdown

The crackdown by the Economic Crime Suppression Division targeted e-money firms with a combined annual turnover of $29 million.
Publisher: Decrypt
Sentiment: Negative
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Negative
cover-imageCointribune
March 4, 2025

Crypto: Bybit Hackers Launder 100% Of The $1.

The largest hack in the history of crypto is experiencing alarming developments. In just 10 days, hackers have managed to launder all of the 1.4 billion dollars stolen from the Bybit platform.

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Neutral
cover-imageBitcoin
March 4, 2025

Despite Market Declines, Crypto Economy Shows Signs of Strength

The cryptocurrency market remains stable at $2.78 trillion, despite a 6.7% decline over the past 24 hours. Bitcoin has slipped 6% in the last day, hovering slightly above $85,000, while ethereum has fallen 7.5%, settling around the $2,100 mark. Only a select few digital assets managed to avoid losses on Tuesday.

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Positive
cover-imageCrypto news
March 4, 2025

Michael Saylor invited to White House Digital Assets Summit

Michael Saylor, founder of Strategy, announced on X that he has been invited to the White House Digital Assets Summit on March 7, hosted by President Donald Trump. Saylor shared the invitation in a post on X.

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Positive
cover-imageCryptonews
March 4, 2025

White House Crypto & AI Advisor David Sacks Supports IRS Broker Rule Repeal

Senator Ted Cruz leads a Congressional push to overturn the IRS's crypto broker rule, citing its incompatibility with decentralized finance and potential harm to U.S. cryptocurrency innovation. The post White House Crypto & AI Advisor David Sacks Supports IRS Broker Rule Repeal appeared first on Cryptonews.

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Neutral
cover-imageCoingape
March 4, 2025

Crypto Czar Denies Multicoin Exposure, Industry Leaders React

David Sacks, the White House Crypto & AI Czar, has denounced having an additional conflict of interest with Multicoin in his bid to maintain transparency with the industry. The Crypto Czar revealed this in response to an X user, Krystall Ball, who questioned Sacks' exposure to Multicoin.

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Neutral
cover-imagePYMNTS
March 4, 2025

What the White House's Crypto Strategy Means for Payments Innovation

In a move to position the United States at the forefront of the digital asset landscape, President Donald Trump's administration plans to create a U.S. cryptocurrency reserve. The strategy, revealed Sunday (March 2), goes further than previous campaign promises around a “stockpile” of crypto seized by law enforcement.

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Positive
cover-imageCoingape
March 4, 2025

White House Announces Support For CRA To Overturn IRS DeFi Broker Rule

The White House has publicly announced its support for a Congressional Review Act (CRA) resolution aimed at overturning the Internal Revenue Service's (IRS) broker rule for decentralized finance (DeFi). The rule, finalized in 2024, expands the definition of a broker to include DeFi developers, requiring them to report user transaction data to the IRS.

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Positive
cover-imageCoingape
March 4, 2025

Top 3 Crypto Tokens To Buy As Trump's Tariff War Weakens Dollar

The global financial market, including crypto, is experiencing turmoil as the U.S. President's aggressive tariff policies on Mexico and Canada have started a trade war. Analysts anticipate that Trump's tariff war will cause downward pressure on the U.S. dollar, allowing cryptocurrencies to emerge.

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Neutral
cover-imageCrypto Daily
March 4, 2025

SEC to Host Landmark Roundtable on Crypto's Security Status

The recently established crypto task force will be holding a roundtable discussion focusing on defining the security status of digital assets, amid shifting regulatory approaches and recent policy changes.

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Positive
cover-imageCrypto Briefing
March 4, 2025

Trump's administration backs resolution to undo IRS DeFi broker rule

Overturning the IRS rule could boost DeFi innovation by reducing compliance burdens, but may raise concerns about tax evasion and transparency. The post Trump's administration backs resolution to undo IRS DeFi broker rule appeared first on Crypto Briefing.

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Positive
cover-imageTrustnodes
March 4, 2025

White House to Remove Defi From “Brokers” Rules

The Office of the President has put out a statement to remove a last minute rule by the Biden administration that expanded the definition of brokers to include defi platforms.

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Negative
cover-imageCryptopolitan
March 4, 2025

Australia's government confirms no plans to establish a strategic crypto reserve

The Australian government has revealed that it is not considering a strategic crypto reserve amid President Donald Trump announcing the establishment of a crypto reserve in the U.S. The state refused to follow Trump's lead for a crypto reserve even after the President plans to stockpile five different digital assets.

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Negative
cover-imageFinbold
March 4, 2025

Crypto market wipes $80 billion in 24-hour crash

On Sunday and Monday, the cryptocurrency market experienced a veritable upsurge as Bitcoin (BTC) rallied above $90,000, and the total digital assets market capitalization soared back above $3.1 trillion.

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Negative
cover-imageCointelegraph
March 4, 2025

Is crypto's ‘Trump effect' short-lived?

A post-inauguration cooldown wasn't unexpected, one analyst told Cointelegraph, but if Trump's promises stall, “market sentiment will dampen further.”

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Neutral
cover-imageCryptoSlate
March 4, 2025

US lawmakers to challenge IRS rules on DeFi reporting requirements

US lawmakers are preparing a Congressional Review Act (CRA) that will challenge the Internal Revenue Service's (IRS) broker rules, which require DeFi participants to report user data to the agency. Fox Business reporter Eleanor Terrett revealed on March 4 that Republican Senator Ted Cruz is leading efforts to introduce the CRA.

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Negative
cover-imageBitDegree
March 4, 2025

Is the bull run over?

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