According to a fiscal year 2027 budget bill passed by the Illinois General 
Assembly, the state is moving forward with a new tax on cryptocurrency 
transactions that would apply to digital asset brokers operating in Illinois. 
Included within the state&#8217;s…

According to a fiscal year 2027 budget bill passed by the Illinois General Assembly, the state is moving forward with a new tax on cryptocurrency transactions that would apply to digital asset brokers operating in Illinois. Included within the state&#8217;s…

Illinois lawmakers approve crypto tax with felony penalties

Nvidia&#8217;s new R&amp;D center in South Korea could strengthen its AI and robotics 
capabilities, leveraging local expertise and strategic partnerships.
The post Nvidia plans to recruit talent for South Korea R&amp;D center appeared 
first on Crypto Briefing.

Nvidia&#8217;s new R&amp;D center in South Korea could strengthen its AI and robotics capabilities, leveraging local expertise and strategic partnerships. The post Nvidia plans to recruit talent for South Korea R&amp;D center appeared first on Crypto Briefing.

Nvidia plans to recruit talent for South Korea R&amp;D center

Government equity stakes in AI firms could democratize AI profits, but may 
face challenges in balancing shareholder interests and policy goals.
The post US officials discuss potential government equity stakes in OpenAI and 
Anthropic appeared first on Crypto Briefing.

Government equity stakes in AI firms could democratize AI profits, but may face challenges in balancing shareholder interests and policy goals. The post US officials discuss potential government equity stakes in OpenAI and Anthropic appeared first on Crypto Briefing.

US officials discuss potential government equity stakes in OpenAI and Anthropic

Cardano has come under intense pressure after plunging to its lowest price 
level in over five years, triggering a wave of fear across the cryptocurrency 
market. The sharp decline follows growing concerns about the ecosystem&#8217;s 
future after founder Charles Hoskinson warned of potential challenges ahead, 
leaving investors questioning whether ADA is approaching a historic buying 
opportunity or facing deeper trouble. Cardano Price Collapse Sparks Wave Of 
Market Attention According to Santiment Intelligence, Cardano has quickly 
become one of the most talked-about assets in the cryptocurrency market after 
ADA plunged below $0.16 for the first time since December 2020. The sharp 
decline sparked widespread discussion across the industry and drew renewed 
attention to the network&#8217;s prospects. Related Reading: Cardano Price Could 
Close May Below This Multi-Year Support — What’s Next? The majority of the 
attention is linked to growing concerns surrounding Cardano founder Charles 
Hoskinson’s recent comments about taking a break. In addition, he warned that 
the ecosystem could face a potential wave of failures due to project shutdowns 
and funding difficulties, adding to the uncertainty surrounding the asset. 
Santiment noted that the market reaction was immediate, with both social and 
on-chain activity rising sharply. Cardano&#8217;s social dominance climbed to 
roughly 0.52%, its highest level of 2026, meaning that more than one out of 
every 190 cryptocurrency-related conversations on social media was focused on 
ADA. Furthermore, network activity experienced a notable increase during the 
period of heightened volatility. Daily active addresses surged to 28,459, 
marking the highest reading in four months. The spike suggests that users 
remained highly engaged with the network as the price decline fueled intense 
debate and bearish sentiment among traders. Loyal Community Refuses To Back 
Down Santiment Intelligence noted that despite the recent wave of negative 
sentiment surrounding Cardano, the network continues to benefit from one of 
the most dedicated communities in the cryptocurrency space. ADA holders have 
consistently remained active through multiple market cycles, often supporting 
the ecosystem even during periods when institutional participation was 
limited. Related Reading: Cardano Strengthens Cross-Chain Connectivity Across 
The Blockchain Ecosystem – What This Means For The Network The analytics firm 
pointed out that the recent surge in daily active addresses suggests many 
users are still closely engaged with the network and monitoring developments 
rather than abandoning Cardano amid the price decline. However, Santiment 
cautioned that while retail investors have historically played a major role in 
Cardano&#8217;s growth, the market may require stronger institutional interest and 
broader adoption catalysts to reverse the current downtrend. Looking ahead, 
the coming weeks and months could prove critical for ADA. With the asset 
trading near multi-year lows, investors are likely to focus on ecosystem 
expansion, successful project launches, and signs of renewed confidence from 
leadership. Positive developments in these areas could help reinforce the 
long-term vision that Cardano supporters have maintained for years and 
potentially attract fresh capital back into the ecosystem. Featured image from 
Unsplash, chart from Tradingview.com

Cardano has come under intense pressure after plunging to its lowest price level in over five years, triggering a wave of fear across the cryptocurrency market. The sharp decline follows growing concerns about the ecosystem&#8217;s future after founder Charles Hoskinson warned of potential challenges ahead, leaving investors questioning whether ADA is approaching a historic buying &#8230;

Cardano Crashes To 5-Year Lows As Hoskinson’s Warning Sparks Market Panic

The House&#8217;s decision signals potential shifts in US foreign policy and 
economic strategies, impacting global markets and digital assets.
The post US House votes to support Ukraine aid, defying Trump and GOP 
leadership appeared first on Crypto Briefing.

The House&#8217;s decision signals potential shifts in US foreign policy and economic strategies, impacting global markets and digital assets. The post US House votes to support Ukraine aid, defying Trump and GOP leadership appeared first on Crypto Briefing.

US House votes to support Ukraine aid, defying Trump and GOP leadership

The significant loss in shareholder value highlights the risks of heavy 
reliance on volatile assets, potentially prompting strategic shifts.
The post Bitcoin treasury companies lose $62B as Bitcoin slides this week 
appeared first on Crypto Briefing.

The significant loss in shareholder value highlights the risks of heavy reliance on volatile assets, potentially prompting strategic shifts. The post Bitcoin treasury companies lose $62B as Bitcoin slides this week appeared first on Crypto Briefing.

Illinois lawmakers approve crypto tax with felony penalties

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