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End of Privacy in Cryptocurrency as United States Adopts International Tax Standards
End of Privacy in Cryptocurrency as United States Adopts International Tax Standards

- The White House reviews a Treasury proposal to align U.S. crypto tax rules with the OECD's CARF framework, enabling IRS access to Americans' foreign crypto transactions. - CARF, adopted by 70+ jurisdictions including G7 nations, mandates automatic cross-border crypto transaction reporting to combat offshore tax evasion. - The framework would require foreign exchanges to report U.S. crypto holdings to the IRS, mirroring FATCA for traditional accounts while exempting DeFi transactions. - Domestic crypto ov

Bitget-RWA·2025/11/18 10:38
Bitcoin News Today: Institutional Exhaustion and Broader Economic Concerns Push Bitcoin Down to Lowest Point in 7 Months
Bitcoin News Today: Institutional Exhaustion and Broader Economic Concerns Push Bitcoin Down to Lowest Point in 7 Months

- Bitcoin fell to a 7-month low below $95,000 amid profit-taking, institutional outflows, and macroeconomic uncertainty, mirroring a 5.8% drop in the CoinDesk 20 index. - Market fear intensified as the Fear & Greed Index hit 10 (lowest since Feb 2025), while MicroStrategy's rumored Bitcoin sales sparked panic despite CEO Saylor's denial. - Institutional fatigue and liquidity declines ($766M→$535.2M) raised correction risks, though Harvard's $443M IBIT investment signaled growing crypto acceptance amid vola

Bitget-RWA·2025/11/18 10:24
Bitcoin Updates Today: Bitcoin's $80,000 Support Falters as Regulatory Changes and Increased Selling Pressure Emerge
Bitcoin Updates Today: Bitcoin's $80,000 Support Falters as Regulatory Changes and Increased Selling Pressure Emerge

- Bitcoin drops to $89,900, with weak $89,600–$79,500 support raising fears of a breakdown below $90,300 amid heavy selling pressure. - Binance short positions dominate 6.4:1 ratio, while exchange reserves surge $1.43B, signaling panic exit preparations and reduced buyer leverage. - Japan reclassifies 105 cryptos as financial products, and Brazil considers stablecoin tax, adding regulatory uncertainty to crypto markets. - Institutional activity diverges: BitMine expands ETH holdings, while Mt. Gox’s $953M

Bitget-RWA·2025/11/18 10:24
Vitalik Buterin Backs ZKsync: Driving Ethereum's Layer 2 Transformation and Boosting Altcoin Growth
Vitalik Buterin Backs ZKsync: Driving Ethereum's Layer 2 Transformation and Boosting Altcoin Growth

- Vitalik Buterin endorses ZKsync's Atlas upgrade, signaling a strategic shift in Ethereum's Layer 2 scaling. - The upgrade enables 15,000 TPS, near-zero fees, and boosts ZK token price by 50% post-announcement. - Institutional partnerships with Deutsche Bank and Citi highlight ZKsync's privacy-driven appeal in financial services . - ZK ecosystem grows with $3.5B TVL, driven by ZK rollups and hybrid TradFi-DeFi systems projected to reach $90B by 2031. - Regulatory risks and gas volatility persist, but ZK t

Bitget-RWA·2025/11/18 10:20
ZK Atlas Enhancement: Driving Ethereum’s Growth in Scalability and Energy Conservation
ZK Atlas Enhancement: Driving Ethereum’s Growth in Scalability and Energy Conservation

- ZK Atlas Upgrade (Oct 2025) tackles Ethereum's scalability and energy efficiency via Airbender prover, sequencer, and ZKsync OS, redefining Layer 2 performance. - Achieves 15,000 TPS with $0.0001 fees, boosting ZK rollups' TVL to $3.5B and enabling real-world asset tokenization through Prividiums architecture. - GKR protocol reduces ZK verification costs by 10-15x, slashing Ethereum gas fees by 90% and accelerating institutional adoption of energy-efficient blockchain solutions. - Upcoming Fusaka upgrade

Bitget-RWA·2025/11/18 10:20
ZK Technology's Rapid Rise in the Crypto Space: Lasting Advancement or Just Market Buzz?
ZK Technology's Rapid Rise in the Crypto Space: Lasting Advancement or Just Market Buzz?

- ZK technologies drive 2025 crypto growth with scalability, privacy solutions and institutional adoption. - Deutsche Bank , Sony adopt ZK for confidential settlements; U.S. regulatory clarity boosts VC investment in ZK startups. - ZK ecosystem hits $11.7B market cap with Zcash's 400% price surge and ZKsync's 15,000 TPS performance. - Experts highlight ZK's foundational role in redefining digital trust, but warn of overvaluation risks and market saturation among 50+ ZK projects. - Hardware acceleration bre

Bitget-RWA·2025/11/18 10:20
Astar (ASTR) Price Rally: Can Strategic Ecosystem Growth Drive Lasting Upward Momentum?
Astar (ASTR) Price Rally: Can Strategic Ecosystem Growth Drive Lasting Upward Momentum?

- Astar (ASTR) sees price surge amid 2025 ecosystem expansion via HTX partnerships and Chainlink integration. - zkEVM scalability (300,000 TPS) and cross-chain solutions boost enterprise adoption, though ASTR faces 65% annual price decline. - Strategic focus on real-world applications (Sony/Toyota) and emission cuts aims to stabilize volatility and attract institutional investors. - Supply concentration (top 5 addresses hold 41%) and macroeconomic risks remain critical challenges for long-term sustainabili

Bitget-RWA·2025/11/18 10:20
Flash
11:57
Sam Altman Cancels Abu Dhabi Trip
BlockBeats News, June 12th. According to market sources, OpenAI CEO Sam Altman has canceled his planned trip to Abu Dhabi. Insiders familiar with the matter revealed that he was supposed to meet with executives from Mubadala, G42, MGX, and the Abu Dhabi National Oil Company, as OpenAI prepares to make its debut on the public market. The cancellation comes amid escalating regional tensions related to the Iran conflict. The reason for the change is unclear, and OpenAI has declined to comment on the matter. ---------------------------------Click the original text link below to join the BlockBeats · Feishu AI News Channel, where we provide 24/7 monitoring of global AI trends and news.
11:52
Analysts: Bank of England Should Be More Hesitant on Rate Hikes Than ECB
On June 12, Berenberg analysts stated in a report that it seems reasonable for the Bank of England to be less willing to raise interest rates compared to European central banks. They noted that the UK labor market is weaker than that of the Eurozone, and the services sector is no longer significantly driving inflation as it once did. Berenberg's analysts added that, prior to the energy shock, interest rates were more restrictive, and fiscal conditions remain tighter. They mentioned that after a strong start to the year, the country is currently facing a slowdown in economic activity due to the impact of the war in Iran. The first quarter has already appeared weaker than it seems due to a 'statistical illusion' caused by changes in seasonal spending patterns since the pandemic. Berenberg's analysts stated, 'We expect stagnation this summer, with quarterly GDP growth rates of zero for the second and third quarters.'
11:41
Sharon AI Soars 21% Pre-Market After Signing Six-Year Power Agreement with NVIDIA
On June 12, Australian AI cloud service provider Sharon AI (SHAZ.O) surged 21% in pre-market trading after announcing a six-year power agreement with NVIDIA. According to the agreement, NVIDIA and Sharon AI will collaborate to build a new 72-megawatt data center in Australia. The two parties will utilize NVIDIA's DSX AI factory architecture and deploy a total of 40,000 Grace Blackwell GB300 GPUs to meet the growing demands of AI startups, large enterprises, and academic research institutions. Under this cooperation model, Sharon AI can scale up NVIDIA's infrastructure and achieve a balance of interests through revenue sharing and credit support mechanisms. Sharon AI will launch cloud services based on NVIDIA technology, and in addition to regular product revenue, NVIDIA will also receive a share of the revenue from the corresponding cloud services. 'This strategic partnership with NVIDIA for computing power is an important milestone for Sharon AI in building a self-controlled, ultra-large-scale AI computing infrastructure. The establishment of the 72-megawatt data center allows us to deploy an additional 40,000 Grace Blackwell GB300 GPUs, providing high-performance accelerated computing power for various enterprises, startups, and native AI companies, solving their previous challenges in acquiring computing power.'
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