An ancient Bitcoin investor is going to spend the next two years in prison after underreporting his BTC gains, according to the U.S. Department of Justice (DOJ). In a new press release, the DOJ says that Frank Richard Ahlgren III of Austin, Texas failed to accurately report the capital gains he earned after selling $3.

The Texas Strategic Bitcoin Reserve Act outlines the creation of a state-run fund to acquire and hold Bitcoin, leveraging Texas's dominance in Bitcoin mining to enhance its financial portfolio. According to Capriglione, this initiative will bolster the state's financial position by tapping into the growing global interest in digital assets.

Perianne Boring, a crypto lobbyist who is CEO of The Digital Chamber, says that Bitcoin‘s (CRYPTO: BTC) value could potentially skyrocket to $800,000 next year. What Happened: Boring made this prediction this week during an interview with Fox Business.

The Strategic Bitcoin Reserve Act seeks to combat inflation and hedge against economic volatility through Bitcoin investments.

The U.S. may acquire 1 million Bitcoin, marking 5% of its total supply, to hold for 20 years. Countries like El Salvador and Bhutan are already integrating Bitcoin into their economic strategies.

Bitcoin mining company Riot Platforms has increased its BTC holdings with the addition of over 5,000 coins in the past few days. This significant purchase came on the back of reports that the miner was under pressure from activist investor Starboard Value.

Thaksin Shinawatra, the former prime minister of Thailand, claims that his friends believe Bitcoin could reach $850,000 in value. He urged Thai people to stay informed about the cryptocurrency's potential and its increasing relevance to the global economy.

Bitcoin (BTC) has entered a short-term consolidation phase above the $100,000 mark. However, technical indicators and historical price movement suggest that the maiden digital asset still has the potential to add $50,000 to its value in the current cycle.

In the past hour, bitcoin has settled into a cozy spot, bobbing gently between $101,536 and $101,747. Over the last day, it's danced from $99,939 to a peak of $102,658, with a whopping $74.15 billion in trades shuffling around and a market cap hitting the stellar $2 trillion mark.

John Carvalho, the CEO of Bitcoin tools developer Synonym, has proposed the redenomination of Bitcoin as the smallest unit of the digital currency. In the Bitcoin Improvement Proposal (BIP) published on X, he seeks to define 1 Satoshi as 1 Bitcoin, eliminating the need for decimal points.

Ethereum has melted up the price charts on popular crypto exchanges, but not like Bitcoin has so far this 4-year market cycle. Will it be Ether's turn next in December and January?

Japan is the latest country facing calls to explore the feasibility of establishing a Strategic Bitcoin Reserve (SBR).

On Friday, the 12 spot bitcoin exchange-traded funds (ETFs) hit another high note, pulling in $428.98 million during the day's trading session. Meanwhile, nine spot ether ETFs added $23.61 million to their tally.

Bitcoin trades at $101K, marking a modest gain of 1.72% in the last 24 hours. BTC may reach its peak by October 2025 if past cycles repeat.

Riot Platforms has made a big move, adding 5,117 bitcoins to its holdings in a deal worth over $510 million!

The crypto market continues to captivate investors and institutions, but a new analysis reignites debates. According to VanEck, a major player in asset management, the year 2025 could be marked by unprecedented movements.

Bitcoin's buying pressure has been comparatively low, but it might not stop it from going forward!

NFTs are the most sensational digital assets in this digital era. They are created with the support of blockchain networks. These networks provide the underlying infrastructure and security for NFTs. Currently, Ethereum, Solana and Polygon are the dominant forces in the NFT marketplace.

Bitcoin, the first and largest cryptocurrency by market capitalization, rose to a high of $102,650 in Saturday's trading session as the crypto market closed off the week.

Bitcoin is primed to benefit from the volatility that could engulf traditional markets with the imminent threat of a trade war on the horizon. With Donald Trump already elected, his biggest dilemma will be the issue surrounding the US dollar.

A Massachusetts man, Alan Joseph, 36, has been convicted of operating an unlicensed money transmission business and laundering funds after converting cash linked to counterfeit goods into bitcoin, Homeland Security Investigations (HSI) announced on Thursday. Convicted on Nov.

Whale activity has surged in the last 24 hours, Crypto analyst Ali Martinez has recently observed significant whale activity in major cryptocurrencies like Bitcoin (BTC), Dogecoin (DOGE), Cardano (ADA), and XRP during a market dip.

Happy Cat (HAPPY), HyperLiquid (HYPE), and Virtuals Protocol (VIRTUAL) were some of the best-performing coins on Saturday.

Nasdaq has revealed that MicroStrategy (MSTR), the company led by Bitcoin enthusiast Michael Saylor, will join the Nasdaq-100 Index starting December 23.

Bitcoin price today trades at on after hitting a daily high of today after a % move on . Bitcoin Price Today: Why is BTC up?

House of Councillors member Satoshi Hamada has called for Japan to start considering a national Bitcoin reserve. As more countries are seeking a Bitcoin reserve, a Japanese lawmaker has urged his government to do the same.

Dan Morehead, the founder and managing partner of Pantera Capital, a leading hedge fund focused on cryptocurrency, has forecasted that 2025 will be a monumental year for Bitcoin. Speaking in a recent CNBC interview, Morehead emphasized his bullish outlook for Bitcoin, pointing to the increasing clarity around regulations and growing institutional interest as key drivers behind Bitcoin's continued ascent.

The Dogecoin price action is currently locked between two critical technical levels, the macro golden pocket and the macro 0.5 Fibonacci retracement level. This observation was highlighted by crypto analyst Kevin (@Kev_Capital_TA) on the social media platform X.

Trump has confirmed he plans to establish a U.S.

In a parliamentary session held on December 11, Hamada raised questions regarding the country's stance on crypto assets, drawing attention

MicroStrategy, the largest publicly traded corporate holder of Bitcoin, is making its debut in the Nasdaq-100 Index.

This is a very short and simple update on what we have witnessed this week in the cryptocurrency market. Staying up-to-date with the latest developments in the market is essential for making better decisions. Let's analyse the market. Ready? Dive in! US Market Weekly Update This week, the S&P 500 index stands at $6,051.

As Bitcoin has made a historic milestone crossing $100k this month, the market is happy as well as skeptical. Crossing this psychological resistance is a great achievement, but would it be possible for BTC to move forward or is it exhausted for the season? There are many questions looming around for the future of crypto.

Ledger, a leading provider of hardware wallets designed for securely storing cryptocurrency, is facing intense scrutiny following reports that a user lost $2.5 million worth of digital assets due to a security breach involving their Ledger Nano S device. The incident, which involved 10 Bitcoin valued at around $1 million and NFTs worth an additional $1.5 million, has raised serious questions about the security measures in place for hardware wallets, widely regarded as one of the safest methods for protecting cryptocurrencies.

BTC has seen a sustained uptrend over the past month, rising by 13.28%. An analyst speculates a potential market top in 2025, based on previous cycles.

A recent report by a CryptoQuant analyst, known as Crazzyblockk has explored the implications of Bitcoin inflow metrics at Binance and their potential impact on market sentiment. The analysis offers insights into how short-term and long-term participants view the current state of the market.

Coinbase is facing a $1 billion lawsuit from BiT Global Digital Limited over its decision to delist Wrapped Bitcoin (wBTC). The post Coinbase Faces $1B Lawsuit from BiT Global Over Wrapped Bitcoin (WBTC) Delisting appeared first on Cryptonews.

The political sentiment of the United States towards the cryptocurrency industry has turned encouraging, since pro-Crypto candidate Donald Trump won the US presidential election, defeating Kamala Harris, who represented a crypto-skeptic regime. The country is expected to establish a Bitcoin reserve as soon as Trump assumes the seat of power in late January, 2025.

Bitcoin crossing the $100,000 mark is a global headline, but nowhere is it more celebrated than in Singapore. The city-state, known for its wealth and tech-forward mindset, has been years ahead of the curve in embracing cryptocurrencies.

The founder and chief executive of the crypto advocacy group The Digital Chamber has a big Bitcoin (BTC) price prediction for 2025. Crypto lobbyist Perianne Boring tells Fox Business in a new interview that President-elect Donald Trump's future approach to the sector could send BTC skyrocketing close to $1 million.

The cryptocurrency market is preparing for a significant event: $2.1 billion worth of Bitcoin options are set to expire. This massive expiry could influence Bitcoin's price action, adding to the already heightened market volatility.

On December 13, the Nasdaq stock exchange, founded in 1971, which pioneered the concept of electronic trading and which hosts many of the world's leading tech firms, announced that on December 23, MicroStrategy Inc.

The motion, introduced by Mayor Ken Sim, was passed at the December 11, 2024 Standing Committee meeting and directs city staff to investigate the feasibility of accepting Bitcoin for taxes and fees, as well as potentially incorporating Bitcoin into the city's financial reserves.

In a recent CNBC Fast Money interview, Pantera Capital's billionaire founder, Dan Morehead, dropped a bombshell about the future of crypto in 2025! With clearer regulations coming, he believes Bitcoin and the entire crypto market are set to soar.

What if Amazon added Bitcoin to its balance sheet? With BTC up 125% this year, some shareholders argue it's the perfect moment to explore the crypto market.

XRP is the top performer from the larger-cap alts today.

The crypto markets appear to be coping with the recent selling pressure within the markets that had temporarily covered the markets under bearish clouds. While Bitcoin was speculated to lose the $95,000 support after just one test, the sluggish behaviour of Ethereum has also raised many concerns.