5 must-read articles in the evening | Where is Trump's crypto tax reform?

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1.A quick look at nine unissued crypto protocols worth watching

Perpetual contract exchanges are a hyper-competitive space, with leaders constantly changing (from dydx to GMX to Hyperliquid). Ostium, though, is very unique. They introduced on-chain leveraged trading for the S&P 500, Dow Jones, Nikkei, gold, copper, and many other traditional financial (TradFi) assets. Click here to read

2.Fundamentals Revisited: Is the BTC Market a Typical Pullback or Will It Go Bearish?

The macroeconomic landscape is fraught with great uncertainty, and the Trump administration is trying to upend and restructure the status quo of global trade relations. Currently, U.S. Treasuries are the collateral and foundation of the financial system, while the 10-year U.S. Treasury note is considered the benchmark risk-free rate. One of the government's key targets was to lower the yield on the 10-year Treasury note, and it paid initial dividends in the first few months of the year, falling to 3.7% amid a broad market sell-off. However, this target was short-lived, and yields subsequently soared to 4.5%, erasing that progress and causing huge volatility in the bond market. Click here to read

3.A quick overview of the first 8 selected projects in The Post Web Accelerator

We've moved from static websites to social networks, from centralized data to user ownership. Today, we are entering a new era where AI-powered agents, decentralized systems, and privacy-first infrastructure will converge to create an internet driven by autonomy, context, and intent. Outlier Ventures calls it "The Post Web." Click here to read

4.A Perspective on BlackRock's Fortune History: How Did the $11.5 Trillion King of Asset Management Be Made?

BlackRock's capital tentacles have penetrated more than 3,000 listed companies around the world, from Apple and Xiaomi to BYD and Meituan, and its shareholder list covers core areas such as the Internet, new energy, and consumption. While we use food delivery software or subscribe to funds, the financial giant with $11.5 trillion in assets under management is quietly reimagining the modern economic order. Click here to read

5.Trump's Crypto Tax Reform: Where to Go?

Prior to 2022, Trump was a critic of cryptocurrency. In 2019, Trump had called Bitcoin a "scam" and expressed skepticism about crypto assets by referring to the cryptocurrency as "money created out of thin air." However, in 2022, Trump's stance on crypto took a complete turn, and in December of that year, he launched NFTs with his own theme, seizing the aftermath of the bull market and the NFT boom and earning millions of dollars, and since then, Trump has transformed from a public critic of cryptocurrencies to an active participant. By 2024, he became the first U.S. presidential candidate to accept cryptocurrency donations and laid out a series of promises to boost the growth of the cryptocurrency industry, playing the "crypto card" in the campaign. A few days ago, Trump signed the first cryptocurrency bill into law in the United States, officially repealing the tax reporting rules for DeFi brokers issued by the Internal Revenue Service, and at the beginning of the rule, the crypto industry generally believed that it would bring a heavy blow to the DeFi ecosystem and the entire crypto industry. In fact, as early as the current presidential campaign, Trump promised to carry out drastic reform of the cryptocurrency-related system, and after the beginning of this term, whether it is the personnel changes in the regulatory authorities, the gradual introduction of relevant regulations, or the authorization of the issuance of $Trump, it shows that Trump is fulfilling his campaign promises and showing a positive embrace and willingness to promote cryptocurrencies. Click here to read

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Distangervip
· 04-17 12:35
Tentacles of capital - sounds frightening, or is it just me being so timid?!
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