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The President of El Salvador, Neb Bukele, enacted a law eliminating all taxes on technological innovations, software and application programming, artificial intelligence, computer and communications hardware manufacturing. The law…

The Bitcoin network has been putting miners in contention lately, with five consecutive increases in difficulty that have put them on edge. However, on May 4, 2023, at block height 788256, the network's difficulty level decreased,…

Even with the big dollar moves recently, USD/CAD is still stuck in a range! Will it bounce from those inflection points again? Before we go any further, ICYMI, yesterday's watchlist looked at EUR/USD breaking out of its channel ahead of…

Russia will start buying Chinese yuan for its international reserves as soon as this month, according to reports from Russian economists. While analysts say the purchases will be small and symbolic at first, they are supposed to…

Coinbase's former chief technology officer, Balaji Srinivasan, closed in early on a bet that the bitcoin price would hit $1 million by mid-June amid US dollar hyperinflation. Srinivasan paid out a total of $1.5 million, over $1…

On May 2, 2023, the Biden administration unveiled a blog post outlining a Digital Asset Mining Energy (DAME) tax, which appeared in the president's sweeping 182-page budget proposal for fiscal year 2024. The DAME tax targets "make…

Bitcoin has rebounded from losses on Tuesday, as all focus in the market has shifted to the US Federal Reserve's interest rate decision today. The Fed is widely expected to raise interest rates by 25 basis points at the May meeting.…

The recent acquisition of First Republic Bank, the fourth US bank to fail this year, has raised concerns about the potential repercussions of this new failure on the US and international economies. While US President Joe Biden has…

Coinbase, the San Francisco-based cryptocurrency exchange, recently announced the launch of a new service called Coinbase International Exchange. The new platform will enable institutional users outside the US to trade bitcoin and…

Bitcoin fell below the $28,000 level on Tuesday, as the markets continued to prepare for the Federal Reserve's interest rate decision tomorrow. The Federal Reserve is expected to raise interest rates by 0.25%, despite the slowdown…