Latest Crypto News Update:

Market Updates:

Bitcoin has hit $97,901.00, showing a 4.62% increase.

Ethereum is trading at $3,467.22, up by 3.20%.

Solana has surged by 6% after a Glassnode report highlighted its outperformance over Bitcoin and Ethereum in both price and trading volume.

Regulatory News:

The IRS has ruled that cryptocurrency staking rewards are taxable upon receipt, rejecting the argument to delay taxation until rewards are sold or exchanged.

The Philippines SEC has unveiled a draft of its cryptocurrency regulatory framework and is seeking feedback from stakeholders.

Other News:

Pudgy Penguins' PENGU token has surged 30% amid increased Solana activity.

Bitcoin ETFs have experienced outflows for the third consecutive day as Bitcoin struggles to regain momentum.

Developers of the Cosmos Network have moved around $27.8 million in Bitcoin.

Stay tuned for more updates! 👍

Stay Bullish! 🔥

$BTC

$ETH

#MarketRebound