CRYPTO
Bitdeer Buys the Bitcoin Dip With BTC Price Set for Worst Month in 3 Years
Bitdeer currently holds 855 BTC, valued at approximately $69 million. What to know: Bitdeer Technologies (BTDR) said it bought 50 bitcoin (BTC), taking the opportunity to build its stash as the price of the largest cryptocurrency looked set for its worst month since June 2022. In a tweet, the bitcoin mining company said […]
Why Trump’s Potential Plan to Make Crypto Gains Tax-Free Could Be a Bad Idea
The elimination of capital gains taxes on crypto might not be the huge boon to American investors that it would appear to be. In January, following Donald Trump’s inauguration, reports emerged claiming that his son, Eric Trump, had confirmed that U.S.-based cryptocurrencies would eventually be exempt from capital gains tax, while non-U.S. […]
Utah One Vote Away, But Some States Fail to Break Through on Crypto Stakes
Five states’ crypto efforts faltered as Texas advances and Utah nears a final vote, leaving the state-level push for digital asset reserves with mixed results. What to know: This year’s rapid surge in U.S. states’ interest to put public money into cryptocurrencies before the federal government can establish a strategic […]
Bitcoin Likely to Head Even Lower, but Seeds of Next Bull Move Are Being Sown
The interest rate outlook has gotten appreciably softer over the past couple of weeks. Meanwhile, Bitcoin remains a topic of significant interest. What to know: “I wouldn’t even be in this situation if it wasn’t for you. You brought down so much f—ing heat on me.” — Robert De Niro as […]
What Happens To Bitcoin If Fort Knox is Audited?
Marty’s Bent There is a lot of hype on the Internet this week as Rand Paul and Elon Musk have reignited the topic of auditing Fort Knox to see if the gold we are led to believe is in the most famous vault in the world is actually there. 4,580 […]
FTT Briefly Spikes After Sam Bankman-Fried Tweets for First Time in 2 Years
Bankman-Fried is currently in the Metropolitan Detention Center, serving a 25-year prison sentence. What to know: The token associated with defunct crypto exchange FTX surged briefly Monday night after Sam Bankman-Fried, the founder and onetime CEO of the platform tweeted for the first time in two years. Bankman-Fried, who was convicted […]
SEC Poised to Drop Coinbase Lawsuit, Marking Big Moment for U.S. Crypto
The company says the commission will vote on a deal negotiated by staff to abandon the enforcement case at the core of the agency’s previous crypto stance. This decision comes after a prolonged SEC lawsuit that had significant implications for the industry. What to know: The U.S. Securities and Exchange […]
Private Jets, Political Cash Among $1B in Sam Bankman-Fried’s Forfeited Assets: Court
A federal court confirmed the final tally of SBF assets the government staked a claim to, including $606 million in Robinhood stock sales and two private jets. What to know: A federal court has outlined just how extensive Sam Bankman-Fried’s assets were before the young CEO of FTX was tried […]
The Next Decade, Part 3: The Road Blocks(And Roads Around?)
A republication of a series of posts by Shinobi from January 2020, predicting the course of Bitcoin through the 2020s. Bitcoin Banks (or Binks). It’s happening. Guaranteed. Done deal. In the bag. It’s just a question of when? Germany cleared banks to custody and handle Bitcoin and Bitcoin accounts for customer […]
Crypto Industry Asks Congress to Scrap IRS’s DeFi Broker Rule
In what may be a big test of the crypto sector’s new influence over a markedly friendlier U.S. Congress, the Crypto Industry is asking for the reversal of an incoming tax policy. What to know: Nearly every big name in the crypto industry has signed onto a letter calling for […]
