Upcoming stablecoin regulations, particularly the GENIUS Act, are predicted to potentially drive Bitcoin to a cycle peak exceeding $150,000 in 2025. This analysis explores the implications of this legislation.
Tag: DeFi
NFT Tax Nightmare: Musician Loses $3M Crypto Fortune to Taxes and Market Crash
Jonathan Mann, creator of the “Song A Day” project, reveals how a $3 million NFT windfall evaporated due to taxes and the Terra ecosystem collapse, highlighting the risks of crypto taxation and volatility.
Bitcoin DeFi Platform Alex Protocol Suffers $8.3M Exploit: What It Means for Stacks and BTC DeFi
Alex Protocol, a Bitcoin DeFi platform on Stacks, was exploited for $8.3 million. Here’s a breakdown of the event, its market impact, and what investors should do.
Will Stablecoin Regulation Fuel a $150K Bitcoin Rally in 2025?
Upcoming stablecoin legislation, particularly the GENIUS Act, is being eyed as a potential catalyst for a significant Bitcoin price surge, potentially pushing it above $150,000 in the next cycle.
NFT Artist’s $3 Million Crypto Dream Turns into Tax Nightmare: A Cautionary Tale
Musician Jonathan Mann earned $3 million selling his music as NFTs, only to face a harsh reality of crypto market crashes and a hefty tax bill. Here’s a breakdown of the story and its implications.