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llinois 0.2% crypto tax faces new industry lawsuit

Two U.S. crypto trade groups have sued three Illinois officials to stop a 0.2% digital asset tax from taking effect on Jan. 1, 2027. Illinois crypto tax faces six legal claims The 39-page complaint, filed by the Blockchain Association and…

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Bitcoin’s 24% rally faces $70K test as yields rebound: analysts

Bitcoin’s strongest weekly advance since March 2023 pushed the asset close to $80,000, but analysts said further gains may depend on easing US bond yields, continued spot ETF demand, and progress on the CLARITY Act. Can Bitcoin hold near $80,000…

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CleanCore exits Dogecoin treasury with $33.4M sale for AI push

CleanCore Solutions has sold substantially all of its 463 million Dogecoin holdings for about $33.4 million as it redirects capital toward AI infrastructure while a $100 million stock offering has more than doubled its outstanding share count. CryptoSlate, citing U.S.…

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Hyperliquid Policy Center pushes SEC, CFTC for equity perps framework

Hyperliquid Policy Center has asked the SEC and CFTC to let qualifying equity perpetual contracts enter the U.S. as security futures after HIP-3 markets processed more than $480 billion in notional trading volume over their first 10 months. Hyperliquid Policy…

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Strategy raises $2 billion through MSTR sales, skips Bitcoin purchases

Strategy has raised about $2 billion through common stock sales while leaving its Bitcoin holdings unchanged at 840,447 BTC and increasing its total cash position to $6.69 billion. A Monday filing with the U.S. Securities and Exchange Commission showed the…

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Hyperliquid price breakout puts $84 liquidity in focus

Hyperliquid price traded near $80 on Aug. 24 after reaching a record $83.27, as rising platform fees and a 32% weekly gain kept HYPE in price discovery. Hyperliquid price consolidates below its record high Hyperliquid (HYPE) price was trading at…

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Flowra launches Open Orderflow Auction for Solana validators

Flowra has launched its Open Orderflow Auction for Solana, introducing an open block-building system that allows registered searchers to compete for transaction inclusion while giving validators greater control over blockspace and MEV revenue. Flowra has launched its Open Orderflow Auction…

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BNB price eyes $734 after reclaiming $700 support

BNB price traded near $704 on Aug. 24 after gaining almost 16% in seven days, as momentum from the broader crypto rally and the upcoming Pasteur hard fork kept buyers in control. BNB price action today According to data from…