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1Dogecoin Anticipated to Breakout After Prolonged Decline, Analysts Indicate2Bitcoin Nears $109,000 Resistance With Liquidity Buildup Suggesting Possible Breakout Potential3Circle Seeks US Trust Bank Charter to Manage USDC Reserve Under GENIUS Act Scrutiny
Alphabet deepens cloud competition with Oracle by hiring its former CFO
Share link:In this post: Google Cloud names Oracle vet Kobi Bar-Nathan as CFO. Hire signals growing rivalry with Oracle in AI cloud race. Google Cloud posts continued profits and boosted AI expansion.
Cryptopolitan·2025/06/27 09:01
Fed chair Jerome Powell’s team stands with him against Trump
Bitget·2025/06/27 09:01
Altcoin Investors Are Switching to Crypto Stocks Amid US-China Deal
·2025/06/27 09:00
Crypto Hacks Hit $2.1B in H1 2025 as Infrastructure Breaches Rise
·2025/06/27 08:15
Market Cap of Euro Stablecoins Surges to Nearly $500M as EUR/USD Rivals Bitcoin's H1 Gains
CryptoNewsNet·2025/06/27 07:40
Flash
- 21:11Crypto Tax Break Provisions Excluded from Trump’s “Beautiful Law Act”According to a report by Jinse Finance, on Tuesday local time, the U.S. Senate narrowly passed President Donald Trump’s “Beautiful Act.” However, to the disappointment of crypto industry leaders, the bill failed to include the key tax amendment for crypto users that they had previously advocated for. In the final hours of intense negotiations before the bill’s passage, pro-crypto senators led by Cynthia Lummis (Republican, Wyoming) and industry policy leaders made efforts to attach an amendment containing several crypto-related tax incentives to the bill. These incentives would have benefited crypto miners, stakers, enterprises holding large amounts of cryptocurrency, and ordinary digital asset users. Ultimately, time ran out and the amendment was not brought to the Senate for consideration. A crypto policy leader described the outcome as a “missed opportunity,” stating that they “simply ran out of time.”
- 20:57ETH briefly fell below $2,400, now rebounds to $2,415According to Jinse Finance, market data shows that ETH briefly fell below $2,400 and is now trading at $2,415.53, down 3.7% in the past 24 hours. The market is experiencing significant volatility, so please manage your risks accordingly.
- 20:51New York Attorney General Sends Letter to Congress: GENIUS Stablecoin Act Lacks Investor ProtectionsAccording to a report by Jinse Finance, New York State Attorney General Letitia James has issued a warning to Congress, stating that the “Guiding and Enabling National Innovation for United States Stablecoins Act of 2025” (GENIUS Act), recently passed by the U.S. Senate, “lacks the necessary safeguards to protect the American public.” In an eight-page letter, James urged Congress to slow down the stablecoin legislative process and “take the time to draft a bill that can both foster innovation and protect our banking system, which is the envy of the world.” In her latest letter, James proposed a comprehensive revision of the bill, starting with regulating stablecoin issuers as banks and eliminating the eligibility of non-bank issuers. She also called for stablecoin issuers to be required to register in the United States.