@explorerdido
Crypto Highlights for January 31, 2025 🚀
- Grayscale Introduces Dogecoin Trust: Grayscale Investments has launched a new fund focused on Dogecoin, aiming to capitalize on the growing interest in altcoins beyond Bitcoin.
- Elliott Management Criticizes Crypto Frenzy: Hedge fund Elliott Management has expressed concerns that the Trump administration is fueling a cryptocurrency frenzy that could harm investors.
- Republicans Seek to Repeal Crypto Tax Rule: Senator Ted Cruz and Representative Mike Carey are pushing to overturn a tax-compliance rule requiring DeFi platforms to report transactions to the IRS, arguing it exceeds congressional intent.
- Crypto.com Delists USDT and Other Tokens in Europe: To comply with the EU's Markets in Crypto-Assets Regulation (MiCA), Crypto.com has announced it will delist Tether's USDT and nine other tokens in Europe by January 31, 2025. ([coinmarketcap.com]
Stay informed and trade wisely! 📊
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