Coinatory

David Sacks Pushes Back on Proposed Crypto Transaction Tax Significant changes to taxation, cryptocurrency regulation, and administrative procedures are being actively considered by the Trump administration. To strengthen the U.S. strategic Bitcoin (BTC) reserve and digital asset stockpile, White House crypto and AI czar David Sacks has rejected the notion of taxing individual cryptocurrency transactions. Jason Calacanis, presenter of the All In Podcast, proposed a 0.01% tax on all bitcoin transactio... David Sacks Pushes Back on Proposed Crypto Transaction Tax

El Salvador Increases Bitcoin Holdings by 13 BTC Amid IMF Pressure Despite constant pressure from the International Monetary Fund (IMF) to stop public sector investments in Bitcoin, El Salvador has continued to increase its holdings, amassing 13 BTC since March 1. The country's Bitcoin treasury currently has about 6,105 BTC, which is worth over $527 million at current market values, according to the El Salvador Bitcoin Office. The nation usually buys one Bitcoin per day at a constant pace. El Salvador, howev... Coinatory

NFT Sales Surge 15.2% to $121M as CryptoPunks Skyrocket 500% Despite ongoing weakness in the larger cryptocurrency industry, the NFT market is recovering. Ethereum (ETH) has dropped below $2,100, and Bitcoin (BTC) has dropped to $86,000. From $2.84 trillion last week, the global cryptocurrency market capitalization has slightly decreased to $2.83 trillion. Overview of the NFT Market NFT sales volume increased by 15.27% week over week to $121.5 million, according to CryptoSlam data. Nonetheless, ther... Coinatory cryptocurrency news

US to Leverage Stablecoins for Dollar Dominance, Says Treasury Secretary Scott Bessent United States Treasury Secretary Scott Bessent announced that the U.S. government will harness stablecoins to reinforce the U.S. dollar’s global reserve currency status. Speaking at the White House Crypto Summit on March 7, Bessent underscored the administration’s commitment to integrating digital assets into financial policy. During his address, Bessent reaffirmed the Trump administration’s pledge to end restrictive crypto policies, inc... cryptocurrency news Coinatory

Coinbase to Expand U.S. Workforce by 1,000 Jobs in 2025 Amid Trump’s Crypto Advocacy In 2025, Coinbase CEO Brian Armstrong expects to hire over 1,000 more staff members in the US, citing President Donald Trump's ardent support of cryptocurrencies as the reason. The Biggest Hiring Drive in Coinbase's History In a video posted to X on March 7, Armstrong stated, “Coinbase is planning to hire about 1,000 people in the United States this year as a direct result of his actions already in the first 60 days or so.” ... cryptocurrency news Coinatory

Uniswap’s Unichain Expands with New Validation Network With the launch of the Unichain Validation Network (UVN), Uniswap Labs' Layer 2 blockchain, Unichain, is furthering its decentralized approach. Aiming to improve network security, lessen block conflicts, and expedite finality within Unichain's ecosystem, the effort was unveiled on March 7. By allowing anybody to run a node and take part in block validation through UVN, Uniswap Labs confirmed its commitment to increased decentralization after ... crypto news today

BNB Chain Schedules Pascal Hardfork for March 20 Mainnet Upgrade On March 20, 2025, BNB Chain is scheduled to deploy the Pascal hardfork on its mainnet, bringing significant improvements to developer flexibility and Ethereum Virtual Machine (EVM) compatibility. After a successful testnet deployment in February, the update brings BNB Chain into compliance with Ethereum's Pectra update's changing criteria. The Significance of the Pascal Hardfork The Ethereum Improvement Proposal (EIP-7702) is integrated i... BNB Chain Schedules Pascal Hardfork for March 20 Mainnet Upgrade