Business – Page 3 – Pakinomist

US IRS opens investment avenue for crypto ETFs to get dividends without tax headaches

A new safe harbor announced by the US Internal Revenue Service on Monday is seen as a major step towards allowing crypto exchange-traded products (ETPs) to share stake rewards with their investors. Under certain conditions, the new guidance allows trusts to “invest their digital assets without jeopardizing their tax status as mutual funds and endowment […]

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Holds over $105K; XRP Leads on ETF Optimism, ZCASH, XMR Cool Off

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Despite a shaky start to the day, cryptos held on to most of their overnight gains as optimism surrounding a possible government shutdown resolution helped stabilize risk sentiment. After significant gains late into the weekend, bitcoin BTC$105,655.63 fell 1.5% around the time the US stock market opened, but returned to trade near $106,000 by late

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Uniswap proposes sweeping ‘UNIfication’ with UNI burning and protocol fee overhaul

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Uniswap Labs and the Uniswap Foundation, two of the main firms that help govern the Uniswap protocol, are teaming up to propose a new comprehensive governance proposal that will completely change the way the ecosystem works today. The proposal, called “UNIfication,” aims to align incentives across the Uniswap ecosystem and position the protocol as the

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Internet Computer (ICP) Price falls 11% to $6.69 as $7.00 support outages on heavy volume

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ICP$7.0472 slipped on Monday, falling 11.2% to $6.69 as the token broke below key technical support at $7.00. The drop extended a weeklong retreat after last week’s rally to $8.76, marking one of ICP’s steepest intraday drops in recent months, according to CoinDesk Research’s technical analysis data model. Volume rose to 6.31 million tokens at

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Exodus (EXOD) to expand crypto payments in LatAm with acquisition

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Exodus Movement (EXOD), a publicly traded crypto wallet company, said on Monday that it is acquiring Uruguay-based Grateful, a startup that offers stablecoin-based payments to merchants. The move aims to expand Exodus’ presence in Latin America and deepen its foothold in commerce, particularly among gig workers and small businesses looking for faster and cheaper ways

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Bouncer 5.2%, breaks through multiple resistances

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Chainlink’s native token LINK CONNECTION$16.15 bounced back on Monday, rising 5.2% over the 24-hour period to a session high of $16.66 before profit-taking started. The price bounce followed a steady uptrend with higher lows and strong participation from traders, but the failure to hold above $16.50 signaled near-term exhaustion, CoinDesk Research’s technical analysis model said.

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HBAR rise signals institutional momentum despite late-session pullback

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HBAR gained 4.62% to $0.188 and outperformed the broader crypto market as trading volume rose 24.2% above its weekly average. The session’s price action pointed to genuine institutional participation rather than retail-driven speculation. HBAR’s 6.37% outperformance against the CD5 benchmark highlighted strong asset-specific demand catalysts. Technically, HBAR rose from $0.1736 to $0.1894, forming rising trend

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Stellar’s XLM rises 3.6%, breaks key resistance amid bullish signals

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Stellar’s XLM rose 3.62% to $0.3004 on Tuesday, breaking above key resistance as trading volume rose nearly 19% above its 30-day moving average. The move outperformed the broader crypto market by 4.86%, pushing XLM closer to the 5% relative strength threshold that often marks the start of major breakout trends. Trading activity intensified during European

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Monad Foundation unveils Tokenomics ahead of November 24th MON Token Airdrop

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Layer-1 blockchain Monad detailed the initial distribution of its initial token, MON, as it prepares for its November 24th mainnet launch, a major milestone for the project, which is positioning itself as a high-performance, Ethereum-compatible network. The Monad Foundation said on Monday that a public sale of 7.5% of the initial supply of the token

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Why is the TON price down today? Toncoin stalls under resistance as seller’s block

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The TON$2.1292 price failed to hold gains above $2.14 over the past 24 hours and retreated to $2.127 after a rejection of a key resistance level. The move capped a rally to $2,154 and underscored the importance of technical factors in the absence of fresh news, according to CoinDesk Research’s technical analysis model. Volume surged

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