Trump signs bill to overturn IRS regulations on DeFi brokers
Recently, US President Trump signed a resolution to repeal the Biden-era crypto tax regulations. The regulations require custodial brokers to report user transactions to the IRS and issue 1099 forms.
US SEC releases new disclosure guidelines for crypto asset securities
The US Securities and Exchange Commission (SEC) Corporate Finance Division issued a statement outlining the disclosure requirements required for issuing and registering securities in the crypto asset market. The statement also stated that these securities may involve equity or debt related to networks, applications or cryptocurrency assets.
Spot gold prices hit a record high
On April 10, spot gold prices rose further, breaking the previous record of $3,167.59 per ounce and setting a record high of $3,167.67 per ounce.
More than 85% of Bitcoin holders are still profitable
According to IntoTheBlock’s report on April 10, despite another drop in Bitcoin prices this week, more than 85% of holders are still profitable.
Grayscale: Tariffs and trade tensions may drive Bitcoin adoption
The report released by Grayscale pointed out that tariffs and trade tensions may promote Bitcoin adoption. The report believes that rising tariffs may trigger stagflation, which is not good for traditional assets, but is good for scarce assets such as gold and Bitcoin, making them attractive alternatives in times of economic uncertainty.
Goldman Sachs: Economic slowdown may prompt the Fed to restart the interest rate cut cycle
K. Heg, co-head of fixed income and liquidity solutions at Goldman Sachs Asset Management, said that the Federal Reserve is expected to respond cautiously to CPI data. If the economic slowdown is greater than expected, it may prompt the Federal Reserve to restart the easing cycle or even reverse the current monetary policy to support growth.
