Crypto Daily™17 minutes ago

Published on April 13, 2025 12:59 GMT+00:00edited on April 13, 2025 13:04 GMT+00:00

US President Donald Trump repealed a controversial Biden-era IRS rule that required decentralized finance (DeFi) platforms to collect and report user data to the tax agency. Meanwhile, Strategy has announced an unrealized loss of $5.9 billion in Q1 2025 after adopting an accounting change that requires companies to value digital assets at market prices, and Ripple completed the acquisition of Hidden Road in a massive $1.25 billion deal. Read on to find out more!

Bitcoin

James Murphy, a prominent crypto lawyer, has sued the United States Department of Homeland Security to force the agency to disclose who it believes is Satoshi Nakamoto: Bitcoin’s elusive creator.

Michael Saylor’s Strategy has disclosed it will announce an unrealized loss of $5.9 billion during the first quarter of 2025 …