Rep. Buddy Carter (R-GA) has introduced the Fair Tax Act, a sweeping proposal to dismantle the federal tax code, abolish the IRS, and replace it with a national consumption tax—a move aimed at restoring individual economic freedom and limiting government overreach. Buddy Carter’s Fair Tax Act In a so-called act of principled defiance against an
Cardano was in a slow and steady decline Sunday as founder Charles Hoskinson took to X to defend Input Output Global (IOG), the blockchain research and engineering firm, against criticism over its ADA holdings and the network’s adoption efforts. Hoskinson clarified that IOG earned its ADA , rather than receiving it as a gift. “No ADA was ‘given’ to IOG,” Hoskinson stated. “We earned it all. It’s not the people’s money. It’s profit for building Cardano. The original value of IOG’s ADA was around [$8 million] in 2015. We’ve been here for nine years building.” See below. No ada was "given" to IOG. We earned it all. It's not the people's money. It's profit for building Cardano. The original value of IOG's ada was around 8 million dollars in 2015. We've been here for 9 years building. The CF was given ada as a donation. They have a mandate to… — Charles Hoskinson (@IOHK_Charles) January 12, 2025 Hoskinson contrasted IOG’s ADA holdings with those of the Cardano Foundation (CF), which received ADA as a donation. The foundation, he said, has a mandate to allocate those funds to ecosystem development. His comments came amid speculation about whether IOG would contribute its ADA to support the integration of Circle’s USDC stablecoin, a notion Hoskinson seemingly dismissed. You might also like: NFT market defies crypto dip, Do Kwon trial date set, North Dakota eyes Bitcoin | Weekly Recap Hoskinson: ‘Dishonest people have no place at IOG’ On Saturday, Jan. 11, Hoskinson accused a former CF employee of attempting to “rewrite history” regarding the blockchain’s integration of stablecoins. The former employee had criticized the network’s lack of progress in this area. Hoskinson clapped back: the CF missed an opportunity to integrate USDC in 2021 for $3 million, a time when the foundation’s holdings were valued at nearly $2 billion. “They turned down the deal according to their own employee,” Hoskinson said. “Then you rewrite history to eschew any of their responsibility and make it into power dynamics? I’m seriously glad you don’t work for me anymore. Dishonest people have no place at IOG.” The controversy underscores broader challenges facing Cardano in its push for wider adoption. Major stablecoin issuers like Circle and Tether are reportedly hesitant to support the network, citing concerns over a lack of successful decentralized applications and insufficient transaction volume. Hoskinson’s remarks highlight ongoing tensions within the Cardano ecosystem, as stakeholders grapple with decisions that could shape the blockchain’s future. At last check on Sunday, Cardano was trading at roughly $0.96. Source: CoinGecko Cardano, which launched its mainnet in September 2017, is gearing up for an integration with BitcoinOS , which will unlock over $1.4 trillion in liquidity. The developers are also working on Midnight, a scaling project for the ecosystem. Cardano may also benefit from President-elect Donald Trump, who is expected to adopt a lighter regulatory approach toward cryptocurrencies. Whether a spot ADA ETF, or exchange-traded fund, gets introduced remains to be seen. So far, crypto commentators are optimistic. Read more: ‘Government Efficiency’ meme coins lose value after Musk walks back cost-cutting plans
Recent data from COINOTAG indicates significant market movements involving a major Ethereum whale. On January 13th, analysis from lookIntoChain revealed that three wallets, likely associated with the same entity, liquidated
In a significant development for the decentralized finance ecosystem, Arbitrum has updated its official Twitter profile picture to feature the popular Azuki NFT. This move follows a similar step by
The popular DeFi blockchain firm, Hyperliquid, has announced that HYPE stakers will receive airdrops during the ANIME TGE.…
The popular DeFi blockchain firm, Hyperliquid, has announced that HYPE stakers will receive airdrops during the ANIME TGE.…
Abolishing the IRS could simplify tax compliance but may also shift the tax burden and impact economic behavior and government revenue. The post US Congressman Buddy Carter introduces Fair Tax Act to abolish the IRS and replace US tax code appeared first on Crypto Briefing .
Heather Morgan criticized the financial system in a rap video while also asking for the world’s richest man, Elon Musk, to save her.
AIOZ Network is drawing significant interest from traders following a 21% jump in its price within a single day, spurred by a remarkable 445.98% surge in trading volume and increasing open interest. Concurrently, The Graph (GRT) demonstrates a robust recovery, driven by its crucial role in supporting over 70,000 decentralized projects. Analysts anticipate its value rising to $0.419 by 2025, underscoring its long-term potential. In contrast, Web3Bay (3BAY) , a burgeoning decentralized e-commerce platform, is capturing significant investor interest due to its explosive presale success. It has amassed over $590,000, sold upwards of 180 million tokens, and revealed a potential 6,430% ROI for early investors, establishing it as a prominent figure in Web3 e-commerce discussions. AIOZ Network Builds Momentum Towards $1.8 Milestone AIOZ Network is turning heads as its price gains steam, with key indicators pointing towards a potential ascent to $1.8. The network has experienced a 21% increase in price over the past 24 hours, propelled by an astonishing 445.98% boost in trading volume and a 27.47% uptick in open interest. These figures accentuate the growing activity and confidence among traders regarding the network’s growth trajectory. Supporting this bullish sentiment, technical metrics are also favorable; the Relative Strength Index for AIOZ stands at 59.87, suggesting there’s still room for upward movement, while the Aroon-Up indicator at 92.86% signals strong bullish dominance. As AIOZ Network emerges from its consolidation phase, the increasing optimism among investors suggests potential for sustained gains. The Graph (GRT) Price Analysis: Bullish Trends Ahead? The Graph (GRT) shows encouraging recovery signals, piquing the interest of cryptocurrency aficionados. It is currently priced at $0.244 and exhibits a consistent upward trajectory, bolstered by strong technical indicators. With its capability to efficiently manage over 70,000 projects via its subgraph system, the demand for GRT tokens remains robust. Analysts are forecasting a positive path for The Graph, estimating its price could reach $0.419 by 2025 and escalate to $1.12 by 2028. These forecasts underscore The Graph’s pivotal role in fueling decentralized applications through its cost-effective and dependable data solutions. Continuous growth could make The Graph a crucial element in expanding access to blockchain data long-term. Web3Bay’s Presale Goes Viral— Early Birds Can Reap 6430% ROI! Web3Bay has quickly become a leading Web3 e-commerce platform, capturing the interest of investors. Its presale has impressively raised over $590,000 and sold 180 million tokens, showing significant momentum. In a single day, substantial trading activity brought an additional $50,000 to the presale, indicating strong market confidence in this innovative platform. With the current presale price at $0.0039675 and an anticipated launch price of $0.1959, there’s a potential for a staggering 6,430% ROI, sparking excitement among shrewd investors. The 3BAY token is integral to Web3Bay’s flourishing e-commerce ecosystem, providing unique staking rewards. Holders have the opportunity to earn passive income while contributing to the growth of a project poised to revolutionize the e-commerce industry. Web3Bay promises decentralization, minimal transaction fees, and smooth integration into the Web3 e-commerce landscape, positioning it as one of the fastest-growing Web3 projects. In essence, Web3Bay’s presale isn’t just an investment opportunity—it’s a chance to join a thriving movement. With demand soaring and robust community backing, Web3Bay represents a pivotal investment opportunity. In a Nutshell As AIOZ Network continues to demonstrate strong performance with favorable technical indicators suggesting further gains, and The Graph (GRT) cements its role in providing essential blockchain data services, both projects underscore significant opportunities within the cryptocurrency sector. However, Web3Bay emerges as a standout player in Web3 commerce. Having raised over $590,000 and boasting a remarkable 6430% ROI potential from its presale, Web3Bay’s decentralized platform is transforming the landscape of digital commerce. For investors eager to capitalize on high-growth projects , Web3Bay offers a compelling mix of staking rewards, smooth integration with Web3 e-commerce, and robust presale activity. This combination positions Web3Bay as an attractive investment option, especially before the price of the 3BAY token experiences an anticipated surge. Join Web3Bay Presale Now: Presale: https://web3bay.io/buy Website: https://web3bay.io/ Twitter: https://x.com/web3bayofficial Instagram: https://www.instagram.com/web3bayofficial/ The post Next Crypto Giant? AIOZ Jumps, GRT Gains Bullish Support, While Web3Bay Offers 6430% ROI Potential appeared first on TheCoinrise.com .
Gala Games is offering an incredible opportunity to step into the spotlight of history. On January 20, 2025, Washington, D.C., will host the prestigious MAHA Inaugural Ball, marking President Donald J. Trump’s historic victory and the launch of the Make America Healthy Again (MAHA) movement. This exclusive celebration promises an unforgettable evening, and Gala Games is giving three lucky winners the chance to attend as VIPs. Here’s What’s Up for Grabs: Two Grand Prize Winners: Each will receive a pair of VIP tickets to the event, allowing them to bring a guest. One Runner-Up: Will win a single VIP ticket, with the chance for an additional ticket if one becomes available.* *If a grand prize winner is unable to attend or doesn’t require their second ticket, the third winner will be upgraded. Why This Event is Unmissable The MAHA Inaugural Ball isn’t just a celebration—it’s a moment in history. As a winner, here’s what you’ll experience: Red Carpet Treatment: Access the VIP Pre-Reception and mingle with dignitaries, leaders, and influencers. Luxurious Indulgence: Enjoy gourmet dining, premium drinks, and an exclusive luxury gift bag. Unforgettable Encounters: Witness appearances by President Donald J. Trump and Robert F. Kennedy Jr. World-Class Entertainment: Dance the night away with live performances by top DJs and musical acts. Save the Date: Winners will be announced at 10 AM PT on Tuesday, January 14, 2025. Visit games.gala.com/maha-ball to enter and secure your chance to attend this exclusive celebration. Don’t Let History Pass You By The MAHA Inaugural Ball is more than an event—it’s your chance to be part of a movement that celebrates patriotism, health, and progress. Make sure you’re there to witness it firsthand. Claim your place at this once-in-a-lifetime celebration. Enter Now