SamOnion
Onion Crypto
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$XRP
🚨📣 : Japan's ruling party proposes to cap cryptocurrency tax at 20%, in line with stocks
📣 News summary:
- Japan's ruling Liberal Democratic Party has proposed reducing the tax rate on cryptocurrencies from 55% to 20%, aligning it with the tax rate on securities investments.
- The proposal aims to reclassify cryptocurrencies under the Financial Instruments and Exchange Act, moving them from the Payment Services Act, which would classify them as "financial products."
- The initiative aims to promote market development and investor protection, and could potentially lead to the introduction of an immediate cryptocurrency exchange-traded fund in Japan.
- The LDP is currently seeking public comments on the proposal until March 31 before submitting it to the Financial Services Agency for further consideration.
🚨📣 : Japan's ruling party proposes to cap cryptocurrency tax at 20%, in line with stocks
📣 News summary:
- Japan's ruling Liberal Democratic Party has proposed reducing the tax rate on cryptocurrencies from 55% to 20%, aligning it with the tax rate on securities investments.
- The proposal aims to reclassify cryptocurrencies under the Financial Instruments and Exchange Act, moving them from the Payment Services Act, which would classify them as "financial products."
- The initiative aims to promote market development and investor protection, and could potentially lead to the introduction of an immediate cryptocurrency exchange-traded fund in Japan.
- The LDP is currently seeking public comments on the proposal until March 31 before submitting it to the Financial Services Agency for further consideration.
#USCryptoReserve
🚨📣 : Russian official says sanctions on Russia won’t block country’s access to cryptocurrency market
📣 News summary:
- A senior Russian official said sanctions won’t prevent Russians from fully using the cryptocurrency market.
- The European Union recently imposed sanctions on the Russian cryptocurrency exchange Garantex, which has already been under US sanctions since 2022.
🚨📣 : Russian official says sanctions on Russia won’t block country’s access to cryptocurrency market
📣 News summary:
- A senior Russian official said sanctions won’t prevent Russians from fully using the cryptocurrency market.
- The European Union recently imposed sanctions on the Russian cryptocurrency exchange Garantex, which has already been under US sanctions since 2022.
$ADA
🚨📣 : Ethereum developers activate Pectra upgrade on Sepolia testnet in final phase before mainnet launch
📣 News summary:
- Ethereum's Pectra upgrade has been activated on Sepolia testnet.
- Sepolia is the last major test phase before the planned mainnet launch, expected next month.
🚨📣 : Ethereum developers activate Pectra upgrade on Sepolia testnet in final phase before mainnet launch
📣 News summary:
- Ethereum's Pectra upgrade has been activated on Sepolia testnet.
- Sepolia is the last major test phase before the planned mainnet launch, expected next month.
#TrumpCongressSpeech
🚨📣 : Howard Lutnick says Bitcoin will be treated differently than altcoins in US cryptocurrency reserve
📣 News summary:
- A model for the US cryptocurrency reserve is set to be unveiled at the inaugural White House crypto summit on Friday, according to The Pavlovic Today.
- Commerce Secretary Howard Lutnick told the newspaper that the president is interested in a strategic reserve of bitcoin, while other tokens would be treated positively but differently.
🚨📣 : Howard Lutnick says Bitcoin will be treated differently than altcoins in US cryptocurrency reserve
📣 News summary:
- A model for the US cryptocurrency reserve is set to be unveiled at the inaugural White House crypto summit on Friday, according to The Pavlovic Today.
- Commerce Secretary Howard Lutnick told the newspaper that the president is interested in a strategic reserve of bitcoin, while other tokens would be treated positively but differently.
#MarketPullback
🚨📣 : Binance to remove Tether and other non-MiCA-compliant stablecoins for European Economic Area (EEA) users
📣 News summary:
- Binance will remove non-MiCA-compliant stablecoins for European Economic Area (EEA) users on March 31.
- These include USDT, FDUSD, TUSD, USDP, DAI, AEUR, UST, USTC, and PAXG.
🚨📣 : Binance to remove Tether and other non-MiCA-compliant stablecoins for European Economic Area (EEA) users
📣 News summary:
- Binance will remove non-MiCA-compliant stablecoins for European Economic Area (EEA) users on March 31.
- These include USDT, FDUSD, TUSD, USDP, DAI, AEUR, UST, USTC, and PAXG.
#USTariffs
🚨📣 : Cryptocurrency investment products saw outflows for the third week in a row, marking the largest weekly outflow ever with a total of $2.9 billion, bringing the three-week total to $3.8 billion.
🚨📣 : Cryptocurrency investment products saw outflows for the third week in a row, marking the largest weekly outflow ever with a total of $2.9 billion, bringing the three-week total to $3.8 billion.
#GPSonBinance
🚨📣: Michael Saylor says Bitcoin's market cap "will go to $20 trillion, then $200 trillion."
🚨📣: Michael Saylor says Bitcoin's market cap "will go to $20 trillion, then $200 trillion."
#MemesNotSecurity
🚨📣 : White House Crypto Advisor Confirms US Will Create Reserve for Bitcoin and Other Cryptocurrencies
📣 News Summary:
- White House Crypto Advisor David Sachs has endorsed President Donald Trump’s announced US Strategic Crypto Reserve, highlighting the inclusion of Bitcoin and other major cryptocurrencies in the US Strategic Crypto Reserve to position the US as a global leader.
🚨📣 : White House Crypto Advisor Confirms US Will Create Reserve for Bitcoin and Other Cryptocurrencies
📣 News Summary:
- White House Crypto Advisor David Sachs has endorsed President Donald Trump’s announced US Strategic Crypto Reserve, highlighting the inclusion of Bitcoin and other major cryptocurrencies in the US Strategic Crypto Reserve to position the US as a global leader.
#BTCRebundsBack
🚨📣 : Bitcoin price surges on Trump's cash reserve news, showing signs of a sustained rally
📣 News summary:
- Spot volume delta shows buyers entering, indicating over $200 million in spot demand in the past hour.
- Futures open interest fell on the day, increasing focus on spot demand, as Bitcoin price surpassed $91,000.
🚨📣 : Bitcoin price surges on Trump's cash reserve news, showing signs of a sustained rally
📣 News summary:
- Spot volume delta shows buyers entering, indicating over $200 million in spot demand in the past hour.
- Futures open interest fell on the day, increasing focus on spot demand, as Bitcoin price surpassed $91,000.
#CMEsolanaFutures
🚨📣 : More than three trillion and three hundred billion dollars have been added to the cryptocurrency market in the last four hours.
🚨📣 : More than three trillion and three hundred billion dollars have been added to the cryptocurrency market in the last four hours.
#CZ'sTokenModelIdea
🚨📣 : $160 million in Bitcoin shorts liquidated in the last 4 hours.
🚨📣 : $160 million in Bitcoin shorts liquidated in the last 4 hours.
#USCryptoReserve
🚨📣 : Whale Makes $1.6 Million Profit with 50x Leverage Amid Trump’s Cryptocurrency Reserve Announcement
📣 News Summary
- A crypto trader has reportedly made over $1.6 million in profits by taking a 50x leveraged long position on Bitcoin (BTC) and Ethereum (ETH) ahead of President Donald Trump’s announcement of the proposed U.S. Strategic Cryptocurrency Reserve on March 2, 2025.
🚨📣 : Whale Makes $1.6 Million Profit with 50x Leverage Amid Trump’s Cryptocurrency Reserve Announcement
📣 News Summary
- A crypto trader has reportedly made over $1.6 million in profits by taking a 50x leveraged long position on Bitcoin (BTC) and Ethereum (ETH) ahead of President Donald Trump’s announcement of the proposed U.S. Strategic Cryptocurrency Reserve on March 2, 2025.
#EthereumRollbackDebate
🚨📣 : US House of Representatives Panel Continues Efforts to Eliminate IRS DeFi Tax Rule
📣 News Summary:
- A significant opening step has been taken toward eliminating an IRS tax rule that the crypto industry claims would be a major barrier to decentralized finance, as a US House committee passed a resolution to repeal the rule.
- The House Ways and Means Committee voted 26-16 to recommend to the full House that the IRS rule be cut under the authority of the Congressional Review Act.
🚨📣 : US House of Representatives Panel Continues Efforts to Eliminate IRS DeFi Tax Rule
📣 News Summary:
- A significant opening step has been taken toward eliminating an IRS tax rule that the crypto industry claims would be a major barrier to decentralized finance, as a US House committee passed a resolution to repeal the rule.
- The House Ways and Means Committee voted 26-16 to recommend to the full House that the IRS rule be cut under the authority of the Congressional Review Act.
#BinanceLaunchpoolRED
🚨📣 : Bybit's $1.4 billion ETH hack is among the largest cryptocurrency hacks ever, surpassing even the infamous Mt.Gox and FTX collapses
🚨📣 : Bybit's $1.4 billion ETH hack is among the largest cryptocurrency hacks ever, surpassing even the infamous Mt.Gox and FTX collapses
#BinanceLaunchpoolRED
🚨📣 : SEC, Justin Sun Look to ‘Explore Potential Resolution’
News Summary:
- The SEC and Justin Sun, along with his companies, are looking to keep the fraud case alive to explore potential resolution options.
- The case, which began in March 2023, includes charges against Sun and his companies for allegedly offering unregistered investment programs related to the Tronix (TRX) and BitTorrent (BTT) cryptocurrencies.
- The motion to stay is intended to conserve judicial resources and is seen as beneficial to both the court and the public.
- In addition to the legal case, Sun recently became an advisor to World Liberty Financial, a venture linked to Donald Trump, after making a significant investment in its tokens.
🚨📣 : SEC, Justin Sun Look to ‘Explore Potential Resolution’
News Summary:
- The SEC and Justin Sun, along with his companies, are looking to keep the fraud case alive to explore potential resolution options.
- The case, which began in March 2023, includes charges against Sun and his companies for allegedly offering unregistered investment programs related to the Tronix (TRX) and BitTorrent (BTT) cryptocurrencies.
- The motion to stay is intended to conserve judicial resources and is seen as beneficial to both the court and the public.
- In addition to the legal case, Sun recently became an advisor to World Liberty Financial, a venture linked to Donald Trump, after making a significant investment in its tokens.
#BinanceAlphaAlert
🚨📣 : Consensys CEO Says SEC Will Drop Metamask Lawsuit as Leadership Changes
📣 News Summary:
- The U.S. Securities and Exchange Commission (SEC) plans to drop its enforcement action against Consensys’ Metamask wallet, CEO Joe Lubin announced on February 27, 2025, noting that a regulatory pivot under new leadership is pending commissioner approval.
🚨📣 : Consensys CEO Says SEC Will Drop Metamask Lawsuit as Leadership Changes
📣 News Summary:
- The U.S. Securities and Exchange Commission (SEC) plans to drop its enforcement action against Consensys’ Metamask wallet, CEO Joe Lubin announced on February 27, 2025, noting that a regulatory pivot under new leadership is pending commissioner approval.
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TexasBTCReserveBill
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#TexasBTCReserveBill
Texas has recently made significant strides toward establishing a Bitcoin reserve. On March 6, 2025, the Texas Senate passed Senate Bill 21 (SB-21) with a 25-5 vote, aiming to create a Bitcoin and cryptocurrency strategic reserve for the state. Introduced by State Senator Charles Schwertner in January 2025, the bill was initially focused solely on Bitcoin but was later amended to include other digital assets following President Donald Trump's executive order on January 23, which directed a commission to study the feasibility of a "digital asset stockpile."
The legislation empowers the Texas Comptroller of Public Accounts to acquire, sell, and trade investments that a prudent investor would consider, positioning Bitcoin and other cryptocurrencies as potential hedges against inflation and economic volatility. The bill also allows for public donations of Bitcoin to the reserve and mandates secure storage and regular audits to ensure transparency and security.
This initiative aligns with a broader national trend, as President Trump has proposed creating a U.S. strategic cryptocurrency reserve, which would include major cryptocurrencies like Bitcoin, Ether, XRP, Solana, and Cardano. The federal proposal aims to position the United States as a leader in the crypto industry, serving as a hedge against inflation and enhancing the financial system's efficiency.
While Texas moves forward with its Bitcoin reserve plans, other states have exhibited varying levels of interest. States such as Arizona and Utah have advanced similar bills, whereas Montana, Wyoming, North Dakota, South Dakota, and Pennsylvania have rejected such initiatives due to concerns over Bitcoin's volatility and the potential risks to taxpayers.
Critics of Texas's plan argue that investing taxpayer money in Bitcoin could be risky, given the cryptocurrency's unpredictable nature. They caution that such a move might benefit the crypto industry disproportionately and could lead to taxpayer-funded bailouts if the market experiences downturns.
Bitcoin $BTC $BNB
waseem381
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Trump’sExecutiveOrder
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MarketPullback
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