President repealed a late Biden-era crypto tax rule that required brokers to report user transactions to the IRS via Form 1099s, rolling back a key data-reporting mandate.

📱@Money 📱Twitter

Chinese State Council: The U.S. will become a laughingstock in the history of the world economy if it continues to impose additional tariffs

The Customs Tariff Commission of the State Council announced that the U.S. government has further increased the tariff rate of "counteracting tariffs" on Chinese goods imported into the U.S. to 125%. The U.S. unilateral escalation of exorbitant tariffs against China flagrantly violates international economic and trade rules, disregards the global economic order established by the U.S. itself after World War II, goes against basic economic principles and common sense, and is entirely a practice of unilateral bullying and coercion. China strongly condemns this.

📱@Money 📱Twitter

South Korea has postponed applying the Credit Information Act to crypto exchanges until December 1, 2025, granting a grace period with no penalties unless violations involve intent or gross negligence.

The Credit Information Act regulates the collection, use, and protection of personal and financial data. Its application to crypto would require exchanges to treat user transaction records as sensitive credit information.

📱@Money 📱Twitter

🗞 April 11, 2025 cryptocurrency news highlights

【Cryptocurrency】
Arizona, officially passed the Bitcoin Mining Rights Act HB 2342, which protects anyone who runs nodes or mines digital assets from partitioning or use bans and restriction ⛏

【Economy】
South Korea has postponed applying the Credit Information Act to crypto exchanges until December 1, 2025, granting a grace period with no penalties unless violations involve intent or gross negligence.

【Indicators】
If Bitcoin breaks through $81,000, the cumulative liquidation intensity of mainstream CEX will reach 1.184 billion

【More】
President repealed a late Biden-era crypto tax rule that required brokers to report user transactions to the IRS via Form 1099s, rolling back a key data-reporting mandate.

📱@Money 📱Twitter

U.S. stocks increased during the session, and MicroStrategy rose by 8.27%.

Nad States index rising 1.49%, the S&P 500 rising 1.25%, and the Dow rising 0.8%. Cryptocurrency stocks rose, among which:
MicroStrategy (MSTR) rose by 8.27%;
MARA Holdings (MARA) rose 3.8%.

Most U.S. technology stocks rose:
Microsoft (MSFT) rose by 1.55%;
Apple (AAPL) rose by 3.67%;
GOOGLE (GOOG) ROSE BY 2.9%;
NVIDIA (NVDA) ROSE 2.58%;
Meta Platforms (META) fell by 0.9%;
Amazon (AMZN) rose by 0.7%;
Tesla (TSLA) fell by 2.4%.

📱@Money 📱Twitter

The market is losing confidence in US policy making and the economy, with investors fleeing US assets in large numbers 🇺🇸

📱@Money 📱Twitter

McDonald's shareholders' Bitcoin proposal was rejected, and the U.S. SEC determined that the company had the right not to discuss it

📱@Money 📱Twitter

The SEC and lawyers request Federal Court to pause Binance case proceedings for an additional 60 days 👨‍⚖️

📱@Money 📱Twitter

Binance announced that it will adjust the ORCAUSDT contract funding rate settlement frequency

According to official news, Binance Contract will adjust the ORCAUSDT perpetual contract funding rate settlement frequency at 16:00 (Beijing time) on April 12, 2025. The funding rate settlement frequency will be adjusted from once every four hours to once every two hours.

📱@Money 📱Twitter

Bitcoin ecological tokens rebounded, MAGIC•INTERNET•MONEY rose by more than 147% in a single day

According to market information, Bitcoin ecological tokens rebounded today, including:
Rune MAGIC•INTERNET•MONEY rose by more than 147% in a single day, and the current market value reached 75.33 million US dollars;
WZRD rose by 126.4% in a single day, and the current market value reached 52.46 million US dollars;
BILLION•DOLLAR•CAT rose by 52.1% in a single day, and the current market value reached 14.08 million US dollars.

📱@Money 📱Twitter

🗞 April 12, 2025 cryptocurrency news highlights

【Cryptocurrency】
Bitcoin ecological tokens rebounded, MAGIC•INTERNET•MONEY rose by more than 147% in a single day

【Economy】
The market is losing confidence in US policy making and the economy, with investors fleeing US assets in large numbers 🇺🇸

【Indicators】
U.S. stocks increased during the session, and MicroStrategy rose by 8.27%.

【More】
McDonald's shareholders' Bitcoin proposal was rejected, and the U.S. SEC determined that the company had the right not to discuss it

📱@Money 📱Twitter

A White House official stated that Trump has indicated that automobiles, steel, pharmaceuticals, chips, and other specific materials will be subject to specific tariffs to ensure the fair and effective implementation of tariffs 🇺🇸

📱@Money 📱Twitter

U.S. WHITE HOUSE SAYS GOLD RESERVES MAY BE USED TO PURCHASE BITCOIN 🪙

📱@Money 📱Twitter

New York has introduced a bill that would allow state agencies to accept Bitcoin, Ethereum, Litecoin, and Bitcoin Cash for payments such as taxes, fines, and fees

📱@Money 📱Twitter

🤝 President Trump posted on social media that he was looking forward to meeting with El Salvadoran President Nayib Bukele on Monday, but did not mention cryptocurrency

📱@Money 📱Twitter

U.S. Senator Introduces Draft of the "Clean Cloud Act," Demanding Emissions Reductions from Crypto Mining Companies

According to TheBlock, Democratic Senators Sheldon Whitehouse and John Fetterman have submitted a draft of the "2025 Clean Cloud Act" to the U.S. Senate, aiming to regulate the carbon emissions of cryptocurrency mining facilities and AI data centers, with the ultimate goal of imposing fines on facilities using non-renewable energy sources by 2035. The draft proposes amending the "Clean Air Act" to require data centers with an energy capacity exceeding 100 kilowatts to comply with regional emission limits specified in the Department of Energy's "National Transmission Demand Study." According to the draft, different regions will set their emission limits, which will be established by the end of 2025 and will decrease by 11% annually until reaching zero by 2035. Companies exceeding the limits will be required to pay fines adjusted for inflation based on the excess amount, and they are prohibited from passing the costs on to users. The fine funds will be used to alleviate the rising electricity costs for residents through grants to local governments and to support clean energy deployment.

📱@Money 📱Twitter

German Chancellor-Elect: Trump's Tariffs Increase Financial Crisis Risk

German Chancellor-elect Merz stated that Trump's tariff policy has increased the risk of a financial crisis and advocated for a US-EU free trade agreement. He said: "I hope to achieve a new transatlantic free trade agreement that imposes zero tariffs on everything, which is good for both sides." The EU has proposed imposing "zero-for-zero" reciprocal tariffs on US industrial products. Trump told reporters on Monday that this proposal is not enough, suggesting that Europe should offset the tariffs by buying US energy. Merz said that if the US decides to completely withdraw from global trade, Europe will have to focus on non-US markets. Merz said: "Trump's policy is increasing the risk of the next financial crisis arriving early. We Europeans need to come up with persuasive countermeasures."

📱@Money 📱Twitter

🟠 Michel Saylor tweets "No Tariffs on Orange Dots" alongside his orange dotted graphic.

Will he buy more Bitcoin tomorrow? 👀

📱@Money 📱Twitter

🗞 April 13, 2025 cryptocurrency news highlights

【Cryptocurrency】
U.S. Senator Introduces Draft of the "Clean Cloud Act," Demanding Emissions Reductions from Crypto Mining Companies

【Economy】
German Chancellor-Elect: Trump's Tariffs Increase Financial Crisis Risk

【Indicators】
New York has introduced a bill that would allow state agencies to accept Bitcoin, Ethereum, Litecoin, and Bitcoin Cash for payments such as taxes, fines, and fees

【More】
🤝 President Trump posted on social media that he was looking forward to meeting with El Salvadoran President Nayib Bukele on Monday, but did not mention cryptocurrency

📱@Money 📱Twitter

OM 24-hour price drop has widened to 80%, currently trading at $1.24🔽

📱@Money 📱Twitter