In today's crypto news, a trader specializing in non-fungible tokens (NFTs) has pleaded guilty to underreporting nearly $13 million from trading CryptoPunks, potentially facing up to six years in prison. Waylon Wilcox admitted to filing false tax returns for 2021 and 2022, significantly reducing his reported income and tax dues. Additionally, research indicates that crypto gaming and gambling campaigns are the most costly for acquiring users with existing crypto wallets. These campaigns have a median cost per wallet (CPW) of $8.74, making them more expensive than other sectors. On a different note, President Trump has exempted certain electronic products from trade tariffs, a decision seen as beneficial for U.S. tech companies. Correspondingly, Bitcoin's price surged by approximately 2.5%, surpassing $85,000, suggesting a revival in investor interest driven by positive macroeconomic trends.

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