From Cointelegraph

Crypto users in the US are required to pay capital gains taxes on cryptocurrencies, stifling their usefulness as a currency, argued a Washington DC-based think tank.

Major World Liberty Financial investor Justin Sun called a plan to lock tokens for up to four years “the most absurd governance scams I have ever seen.”

The Morgan Stanley Bitcoin Trust is also within striking distance of overtaking three other US spot Bitcoin ETFs that launched in January 2024.

The amount of capacity and the type of compute it was trained on is “abundantly available in China,” said the Nvidia CEO.

Tech stocks helped drive the Nasdaq to 24,016 and the S&P 500 to 7,022 as Bitcoin climbed nearly 10% over the past two weeks.