Increased user interest in bitcoin during the Chinese New Year celebration could spark another significant price increase for BTC, based on historical data.

The U.S. government shouldn't stockpile anything but bitcoin.

The US Securities and Exchange Commission (SEC) announced on Thursday, January 23, the rescission of Staff Accounting Bulletin (SAB) No. 121, a directive that had imposed stringent accounting requirements on crypto custody for US banks and financial institutions.

MetaMask is making a multi-chain push, expanding beyond Ethereum as users increasingly explore a broader range of crypto ecosystems.

Latin America's Bitcoin ATM ecosystem reveals striking contrasts in cryptocurrency adoption across the region. El Salvador stands out as the undisputed leader, dominating the landscape with the highest number of Bitcoin ATMs. LATAM leader in Bitcoin ATMs According to Coin ATM Radar, El Salvador has 215 Bitcoin ATMs, far surpassing its regional competitors.

As the new Trump administration takes the reins in Washington, global banking giants have expressed optimism about expanding their crypto businesses.

Bitcoin ETF accelerated their pace of inflows on bullish expectations and US-based demand. Crypto ETF are becoming more competitive against more traditional investments.

TL;DR Blockchain activity for retail transactions dropped by 19.34%, even as Bitcoin remains above $100,000 and near its all-time high. Interest in cryptocurrencies has grown compared to last year but focuses on isolated events that trigger activity spikes.

Having reclaimed the psychological price of $100,000, Bitcoin has got the crypto community talking about its inclination toward smashing its present all-time high (ATH) of $109,114.

MicroStrategy plans to redeem $1.05B in notes amid Bitcoin tax rule concerns, due to CAMT's impact on unrealized Bitcoin gains. The post MicroStrategy to redeem $1.05B in convertible notes amid concerns over Bitcoin tax rules appeared first on Crypto Briefing.

Bitcoin has recently been trading inside a historically narrow 60-day price range. Here's what usually follows such periods of compressed volatility.

The Bitcoin community is angry with Ripple for endorsing a multi-asset strategic reserve in the United States instead of a Bitcoin-only reserve. Bitcoiners are accusing the San Francisco-based blockchain payments startup of being the “biggest obstacle” to a national U.S. Bitcoin due to it actively pushing for the inclusion of several coins, including XRP.

With $47B in Bitcoin holdings, MicroStrategy could face billions in federal taxes under U.S. rules taxing unrealized gains. As the IRS evaluates relief options, the firm's negotiations may influence how cryptocurrency is treated in corporate tax frameworks, setting critical precedents for the industry. The post MicroStrategy Faces Potential Tax Burden on Unrealized Bitcoin Gains: Report appeared first on Cryptonews.

Bitcoin's price experienced a slight dip following its recent all-time high (ATH) of $110,000, with its current trading value hovering around $102,674. After a drop of about 7.3% from the peak, many crypto enthusiasts are now eyeing key levels that could present an excellent opportunity to buy Bitcoin before the price potentially surges again, heading toward a new ATH of $120,000.

Bitcoin is holding firm above $100,000, indicating that every minor dip is being purchased in anticipation of new all-time highs.

MicroStrategy, known for its extensive Bitcoin holdings, faces a potential billion-dollar tax liability due to unrealized gains under the new CAMT. Could this force the company to sell its Bitcoin?

Coinbase (NASDAQ:COIN) co-founder and CEO Brian Armstrong said Bitcoin (CRYPTO: BTC) is “a better form of money,” advocating for its inclusion in government reserves. What Happened: Armstrong on Thursday on X argued that Bitcoin's ~$2 trillion market cap—roughly 11% of gold's ~$18 trillion market cap—positions it as a superior form of money due to decentralization, scarcity, divisibility, portability and improved fungibility compared to gold.

BlackRock now holds an unheard of 60 billion worth of Bitcoin (BTC) across its iShares Bitcoin Trust (IBIT), with 574,118.84380 BTC recorded on the ETF's balance sheet. Recent data from Farside Investors shows that Bitcoin ETFs have recently received a total of 188.7 million, with BlackRock alone getting $154.6 million — 81% of net inflows.

Semler Scientific Inc (NASDAQ:SMLR), a medical technology company, has announced a significant move into the cryptocurrency space with its latest convertible notes offering and plans to acquire Bitcoin (CRYPTO: BTC). What Happened: On Jan. 24, Semler Scientific priced an upsized offering of $85 million in 4.25% convertible senior notes due 2030, according to the company's press release.

Central Banker v Brian Armstrong go head to head on why hold bitcoin in reserves at Davos earlier this week.

Retail on-chain activity fell 19% as Bitcoin trades above $105K, according to CryptoQuant data, signaling low retail interest. The post Retail on-chain activity drops 19% despite Bitcoin's strength above $100K appeared first on Crypto Briefing.

UTXO Management's acquisition of HK Asia Holdings Limited aims to position the company as a force in Hong Kong's dynamic financial ecosystem.

TL;DR $3.19 billion in BTC options and $574.8 million in ETH options expire today, impacting short-term trends. The maximum pressure points for BTC and ETH are $100,000 and $3,300, respectively, with current prices slightly above these levels. Regulatory initiatives and the U.S. digital asset reserve plan add bullish fundamentals to the market outlook.

U.S. spot bitcoin exchange-traded funds have started the year on a strong note, according to Bloomberg senior ETF analyst Eric Balchunas.

MicroStrategy may face federal income tax obligations on its significant unrealized gains, which currently exceed $19.3 billion.

James Check, a Glassdote analyst, has predicted that Bitcoin ($BTC) could cross the $150K mark in 2025. This prediction is inspired by the token's 2016-2017 cycle when Bitcoin moved from the range of $800-1600 to $19,783.

TL;DR MicroStrategy is facing tax issues over unrealized gains from its BTC, despite not having sold any. The Inflation Reduction Act of 2022 imposes a 15% corporate minimum tax, which would affect unrealized gains from cryptocurrencies like Bitcoin.

On-chain data reveals Bitcoin's bullish structure remains intact above IBCI 50%, but a cycle top may be forming.

The price of Bitcoin (BTC) has surged by nearly 3% in the past 24 hours as President Donald Trump signed the first pro-crypto executive order (EO) to make America the “crypto capital of the world”.

With Bitcoin consolidating, the NVT Golden Cross metric highlighted a potential local bottom.

The consistent retail demand for Bitcoin at the $100,000 mark, which indicates high investor confidence, has recently drawn notice. However, because short-term holders are driving the present accumulating trend, market watchers are warning of a possible fall to $95,000.

Bitcoin onchain indicators are already cautioning over possible distribution of coins by investors despite sky-high BTC price targets.

Rumble, a prominent video-sharing platform, has revealed plans to introduce a crypto wallet designed to enhance payments between users and content creators. The platform's CEO, Chris Pavlovski, announced the project on Jan. 23, stating that the new “Rumble Wallet” will provide a simple and efficient way for creators to receive payments.

After a very volatile week that saw bitcoin move 10% daily with record volumes, though in the same range, the currency seems calmer today at $105k.

Is Ripple Lobbying against a Strategic Bitcoin Reserve? After US President Donald Trump signed an executive order (EO) establishing a crypto-focused working group on January 23, the heated debate flared up on X.

MicroStrategy, the software company turned Bitcoin juggernaut, is grappling with an unexpected tax conundrum. Its $47 billion Bitcoin (BTC) holdings — comprising $18 billion in unrealized gains — place it squarely in the crosshairs of the US corporate alternative minimum tax (CAMT).

Here are two indicators suggesting that a new Bitcoin boom might be on the horizon. First, large Bitcoin holders, known as "whales," have accumulated over twenty two thousand BTC (worth more than $2.24 billion) in the past seventy two hours.

In today's crypto news: Trump's Executive Order: The U.S. President signed an order supporting the crypto industry, ensuring legal access to blockchain technologies and prohibiting the creation of a CBDC (Central Bank Digital Currency). Ethereum Updates: Vitalik Buterin announced five key directions for Ethereum's development, including strengthening Layer 2 solutions and reducing transaction fees.

Mike McGlone, chief commodities strategist at Bloomberg Intelligence, has published several tweets, stating that it is vitally important for the world's leading cryptocurrency Bitcoin to stay above the $100,000 level.

Most of the major cryptocurrencies are in the green Friday morning, including Bitcoin and Dogecoin, but Trump's Solana token sits in the red.

Thursday was another day of net inflows into U.S. spot bitcoin ETFs, continuing a six-day flow of green trading activity. Bitcoin ETFs Record Sixth Consecutive Day of Inflows On Thursday, Jan. 23, bitcoin exchange-traded funds (ETFs) saw a net inflow of $188.65 million, marking the sixth consecutive day of inflows.

MicroStrategy has built a bitcoin stash worth around $47 billion, including $18 billion in unrealized gains, through years of stock and debt offerings. However, in an unexpected turn, the company might face federal income taxes on those paper gains, even without selling any bitcoin, according to the Inflation Reduction Act of 2022.

Some $6 billion of the notional value in bitcoin is currently set to expire out of the money.

In a notable display of resilience, the Bitcoin exchange-traded fund (ETF) ecosystem has registered three consecutive days of inflow. The Bitcoin ETF market has investment firm BlackRock leading the pack with over $150 million.

Kansas Republican State Senator Craig Bowser has introduced a bill aimed at allocating up to 10% of public employee retirement funds to Bitcoin (BTC) exchange-traded fund (ETF) products.

More efficient token standards on Bitcoin are a good thing

Michael Saylor's MicroStrategy, a business-intelligence software company turned Bitcoin behemoth, has placed an enormous bet on cryptocurrency. The company owns approximately $48 billion worth of Bitcoin, funded in part by issuing $6.2 billion of convertible bonds in 2024—marking the largest single-company convertible debt issuance in history.

The convertible senior notes, set to mature in 2030, provide Semler with capital flexibility while giving investors the option to convert debt into shares.