Kimdan19🎭🎭

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Crypto Tax Filings Nearly Double in Finland, But Majority Remain Undeclared

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The ETH/BTC price ratio, a key indicator of Ethereum’s performance relative to Bitcoin, has surged 38% over the past week after recently hitting its lowest level since January 2020, CryptoQuant reports.

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Bulls are now focused on a likely near-term retest of the $97 area, a major zone of support-turned-resistance going back to December.

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Galaxy CEO Calls Nasdaq Move a “Milestone” for Expanding Access to Crypto and AI Galaxy CEO and founder Mike Novogratz described the step as a “milestone” in a statement on April 30, emphasizing that it will strengthen Galaxy’s role in bridging investor access to the digital asset and artificial intelligence sectors.

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Consequently, Ripple was ordered to pay a $125 million civil penalty. In March 2025, Ripple and the SEC reached a settlement. Under the agreement, Ripple would pay $50 million of the previously imposed fine, with the remaining $75 million returned to the company. Both parties agreed to drop their respective appeals, effectively ending the litigation.

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The move comes amid shifting political dynamics, including a push from the Trump administration to integrate crypto more fully into the banking system.

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The task force has also reversed many previous enforcement actions targeting crypto firms. Among the delayed cases are the Grayscale Ethereum Trust and Ethereum Mini Trust, which sought to stake held ETH, and VanEck’s Bitcoin and Ethereum Trusts, which proposed allowing in-kind transactions using crypto instead of cash.

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Ripley took over as CEO in 2023 after founder Jesse Powell stepped down amid tensions with employees over company culture and leadership style.

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My $DEGEN stats frame by @cashlessman.eth

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“The SEC under former Chairman Gary Gensler pursued an aggressive enforcement regulatory agenda that sought to extend the SEC’s authority over the entirety of the digital asset ecosystem,” Downing said.

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Smaller tokens showed even deeper losses, with trendy upstart Berachain’s BERA down 20% and memecoins bonk (BONK), pepe (PEPE) and floki (FLOKI) down more than 9%

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🕹️ Come play games in the Farcade!

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Despite its reputation as a hedge against fiat instability, Bitcoin followed risk assets lower. MicroStrategy’s Michael Saylor, who recently purchased 22,000 BTC at an average of $87,000, faced criticism from gold advocate Peter Schiff. Schiff sarcastically urged Saylor to “back up the truck” to avoid a dip below MicroStrategy’s average entry of $68,000.

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According to the SEC notice, stablecoins that qualify as “covered stablecoins” must meet strict criteria: they must be fully backed by physical U.S. dollars or low-risk, short-term liquid instruments, and must be redeemable at a 1:1 ratio with the U.S. dollar.

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My $DEGEN stats frame by @cashlessman.eth

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My $DEGEN stats frame by @cashlessman.eth

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