Bitcoin in Japan can sometimes be taxed at more than its own value, leaving heirs and sellers of crypto worse off than they started.
CoinShares, a leading digital asset investment firm, reported that this new record boosts the total institutional crypto investment for the year to $44.5 billion. As institutional interest continues to surge, Bitcoin and Ethereum remain at the forefront of this growth, though altcoins like XRP, Polkadot, and Litecoin are also drawing increasing attention.
House Bill 703, the Ohio Bitcoin Reserve Act, proposes creating a state Bitcoin fund and granting the treasurer authority to buy the crypto.
What's behind Bitcoin's historic rise to $108,000? From Trump's speech to ETFs and MicroStrategy's massive buys, could a major institutional supply squeeze be underway?
Bitcoin (BTC), the pioneer of cryptocurrencies, has been at the forefront of the digital currency revolution for over a decade. As 2024 unfolds, the cryptocurrency market is buzzing with predictions, especially concerning Bitcoin's price trajectory.
Galaxy Digital founder and CEO Mike Novogratz believes Bitcoin (BTC) could match and eventually surpass gold's market capitalization within five to eight years, following the crypto's record-breaking momentum.
Metaplanet Inc., has issued ¥4.5 billion ($30 million) in zero-interest bonds to accelerate its Bitcoin acquisition, strengthening its position as Asia's largest corporate Bitcoin holder and increasing investors with plans for future bond issuances and Bitcoin-based shareholder rewards. Metaplanet Inc., often referred to as the “Japanese MicroStrategy,” has announced the issuance of ¥4.
French Member of the European Parliament (MEP) Sarah Knafo delivered a high-profile address, urging the European Union (EU) to adopt a “Strategic Bitcoin Reserve” as part of a broader effort to promote financial autonomy and combat inflationary pressures.
The recent BTC rally is driven by spot demand and whale accumulation. New buyers easily absorb selling from older whales and miners, pushing the price despite a slightly slower derivative market.
The Bitcoin Policy Institute has proposed an executive order to establish a Strategic Bitcoin Reserve under the U.S. Treasury, aiming to position the U.S. as a leader in digital assets and enhance economic stability. The post Bitcoin Policy Institute Drafts Executive Order for Trump's Strategic Bitcoin Reserve appeared first on Cryptonews.
The strategic Bitcoin reserve draft document in question has been making the rounds on X (formerly Twitter) with widespread approval from crypto netizens. The draft was reportedly presented by @btcpolicyorg as an executive order focusing on making Bitcoin a strategic reserve asset within the Exchange Stabilization Fund (ESF).
BlackRock's spot Bitcoin (BTC) exchange-traded fund (ETF) IBIT became the most successful ETF launch in over 10 years, following the $418.8 million in net flows registered on Dec. 16. Nate Geraci, CEO of The ETF Store, highlighted that IBIT had beaten approximately 2,850 ETFs.
Bitcoin (BTC-USD) is hovering around its all-time high reached earlier this week, currently above $106,000. Bitwise Asset Management CIO Matt Hougan expects bitcoin's run to continue straight from here and even reach $200,000 by this time next year.
MicroStrategy holds over 439,000 Bitcoins worth $46 billion. Should the price of BTC plunge, CryptoQuant CEO Ki Young Ju believes the firm may not face bankruptcy, stating it will only happen “if an asteroid hits Earth.
Is China secretly stacking Bitcoin and gearing up to unban it? Let me break down why I think they're about to make a huge move—and sooner than you think.
US Bitcoin exchange-traded funds (ETFs) now have more assets under management (AUM) than Gold ETFs. Vetle Lunde, Head of Research at K33 Research, posted the milestone, noting the Bitcoin ETFs' rapid growth.
On Dec. 16, US spot and derivative Bitcoin ETFs collectively broke $129 billion in net assets, surpassing gold ETFs for the first time.
The 2024 bitcoin halving event sparked major changes in the mining scene, according to the latest “State of the Network” report by Coin Metrics and analyst Matías Andrade. Battle for Hashrate Dominance The April 2024 halving, which slashed block rewards from 6.25 BTC to 3.125 BTC, severely impacted miner earnings.
Bitcoin (BTC) has been experiencing a remarkable surge in price, and with this upward momentum, many investors are becoming increasingly optimistic about its potential. In the past five days, BTC has gained 6.44%, reinforcing the idea that the bullish trend is likely to continue.
Bitcoin reaches a new milestone at $108,000, maintaining momentum above $100,000 as market sentiment remains extremely bullish, fueled by political support and increasing institutional integration.
Dennis Porter, founder of the Satoshi Action Fund, has unveiled a draft of an executive order crafted for President-elect Donald Trump to establish a Strategic Bitcoin (BTC) Reserve within the Exchange Stabilization Fund (ESF).
Christian Lindner, the former Finance Minister of Germany, questioned the country's leaders for not adopting Bitcoin's economic opportunities, especially as the U.S. moves forward with crypto innovation. The leader of the Free Democratic Party (FDP) Christian Lindner questioned the German government for failing to adopt Bitcoin's economic opportunities.
The chief executive of payments app Strike is leaning bullish toward Bitcoin (BTC) as the flagship crypto asset hovers above the $100,000 price tag.
Wyoming Senator Cynthia Lummis has been very supportive of the new administration's attitude toward digital assets, especially when it comes to Bitcoin reserve. In her tweet she said she thinks that 2025 will be a very important year for cryptocurrencies, referring to the appointment of David Sacks as the “Crypto Czar” of the administration.
Cryptocurrency markets are trading sideways on Tuesday, as markets await the Federal Reserve's interest rate cut decision. The Fed is expected to announce its third consecutive reduction with a 25-basis-point rate cut.
The price of the flagship cryptocurrency, Bitcoin, has surged by more than 17% over the past month to now stand around $106,000 after hitting a new all-time high above $108,200 earlier today. The cryptocurrency's price performance has drawn in a flurry of large-scale acquisitions.
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Digital assets have rallied since the November U.S. election — with bitcoin notching a new high above $107,000 on Monday — and continue to gain ground as President-elect Donald Trump details his pro-cryptocurrency policy plans. Still, many financial advisors remain wary.
Bitcoin continues to reach new lifetime highs but traders are not chasing the uptrend with the same zeal as before. Options data is signaling a more cautious outlook for the short term.
Lately, there's been a whirlwind of chat about Bitcoin's consensus tweaks, Core developers, and the Lightning Network. This week, Taproot Wizard Eric Wall made a bold claim: BTC has one last shot to beef up its features beyond just being digital gold, or it might fade into obscurity as a peer-to-peer currency.
A recent BIP has been proposed to change the way units of bitcoin are displayed, but this proposal is not needed.
Crypto analyst Tony Severino has drawn a similarity between the current Bitcoin price action and that of the 2017 bull run. Based on these similarities, the analyst raised the possibility of the flagship crypto witnessing an 80% surge from its current level.
Bitcoin has hit an all-time high, soaring past $106,000, marking a significant milestone for the cryptocurrency. With its total market cap surpassing $2 trillion, Bitcoin is gaining traction and drawing increasing interest from both retail and institutional investors.
Sarah Knafo, a French member of the European Parliament, has caught the attention of the Bitcoin (CRYPTO: BTC) community with her appeal to the European Union to reject a central bank digital currency (CBDC) in favor of Bitcoin. What Happened: Knafo called in her speech on Tuesday on the EU to implement a strategic Bitcoin reserve as a decentralized safeguard against inflation and centralized control.
Crypto.com CEO Kris Marszalek has met with US President-elect Donald Trump to discuss the future of the industry ahead of the new administration's entry into the White House. According to a new Bloomberg report, Marszalek and Trump recently met at Mar-a-Lago to discuss the possibility of a national Bitcoin (BTC) reserve, among other things.
Metaplanet's stock surged 51% after announcing a ¥4.5 billion ($30 million) zero-interest bond issuance to fund further Bitcoin purchases. The post Metaplanet Stock Soars 2,450% YTD on Its Bold Bitcoin Strategy appeared first on Cryptonews.
MicroStrategy's Bitcoin strategy boosts stock performance and market visibility as it joins the Nasdaq 100.
Simon Kim, CEO of Hashed and a leading figure in Korea's blockchain industry, shared his thoughts on the key trends shaping crypto in 2025 and beyond.
Bitcoin mining is proving to be a vital player in Europe's energy landscape. Traditionally criticized for its high energy consumption, Bitcoin mining is now being integrated into Europe's energy systems to help stabilize grids and reduce waste.
Gridless' co-founder Janet Maingi explains how her company's Bitcoin mining work is helping to electrify rural Africa, leading to a better quality of life for those in the communities Gridless touches.
Bitcoin price rallied to a record high of $108,000 on Dec. 17, continuing a bull run that began in 2023. Bitcoin (BTC) has surged by nearly 150% this year, driven by rising demand and decreasing supply growth.
Raoul Pal, macro strategist and founder of Real Vision, discussed his bullish outlook on Bitcoin's (CRYPTO: BTC) current market position, predicting more upside for the apex crypto. In a new ‘The Journey Man' podcast published on Sunday, Pal emphasized Bitcoin's pivotal role in shaping the financial future and its potential for exponential growth.
TL;DR Stacks has successfully launched sBTC on the mainnet, enabling Bitcoin integration into decentralized finance (DeFi). sBTC is fully backed by Bitcoin, ensuring its security and offering new opportunities in decentralized lending and exchanges.
Bitcoin Magazine Pro lead analyst Matt Crosby uses mathematical analysis to predict the next Bitcoin bull cycle peak, forecasting a potential peak price between $256,000 and $310,000 by August 24, 2025.
"In an age of universal deceit, telling the truth is a revolutionary act." This phrase by Orwell, taken from 1984, resonates strongly in our digital age and illustrates the struggle against censorship.
Mt. Gox transferred $172.5M in Bitcoin amid BTC's record surge, as the defunct exchange continues its complex bankruptcy process.
Sarah Knafo, a member of the European Parliament, gave a pro-Bitcoin speech in the European Parliament on December 17, calling for the establishment of a “Bitcoin strategic reserve” while opposing the digital euro.