CRYPTO
Rhode Island Bill Would Allow State Residents To Spend $10,000 Monthly In Bitcoin Tax Free
A bill introduced to the Rhode Island Senate would enable the state’s residents to spend or sell just under $1,000 in bitcoin 10 times per month without incurring state capital gains taxes. Bill S. 0451, which was introduced to the Rhode Island Senate last month, permits the state’s residents and […]
Proposed South Carolina Bill Lets State Treasurer Invest 10% Of State Funds In Bitcoin
A new bill submitted to South Carolina’s House of Representatives enables the State Treasurer to build a “Strategic Digital Assets Reserve”, which can include up to one million bitcoin. Yesterday, Rep. Jordan Pace reintroduced Bill H. 4256, The “Strategic Digital Assets Reserve Act Of South Carolina”, into South Carolina’s House of […]
How to Measure the Success of a Bitcoin Treasury Company
A new playbook for evaluating a Bitcoin Treasury Company—using purpose-built KPIs that go beyond traditional finance to measure Bitcoin-first strategy. In the world of traditional finance, evaluating a company’s success usually means tracking revenue growth, earnings per share, or return on equity. But what happens when the core of a […]
UK Regulator Intends to Start Authorizing Crypto Firms in 2026
The FCA’s intention is to create new rules for a more stringent regulatory regime, its director of payments said. What to know: The U.K.’s crypto industry has just over 12 months to prepare for an even stricter regulatory regime, a senior official with the country’s finance regulator said. Matthew Long, […]
Tokenized Gold Hits Record $1.4B Market Cap as Trading Volumes Soar in March
The overall stablecoin market, including tokens pegged to currencies and commodities, crossed $230 billion rising for the 18th consecutive month, CoinDesk Data’s report show. What to know: The market capitalization of tokenized gold climbed to a record $1.4 billion in March with trading volumes soaring to yearly highs, CoinDesk Data’s […]
FBI Seizes $200,000 in Crypto From Hamas-Linked Wallets, Accounts
The seized funds represent just a portion of the more than $1.5 million in donations that the DOJ alleges flowed through the accounts. What to know: The U.S. Federal Bureau of Investigation (FBI) seized more than $200,000 in cryptocurrency from several wallets and exchange accounts linked to the Palestinian militant […]
GameStop Raising $1.3B Via Convertible Debt to Buy Bitcoin
The offering comes 24 hours after the company announced its intention to begin adding bitcoin to its balance sheet. What to know: Just 24 hours after adding its name to the roster of companies pursuing a bitcoin (BTC) treasury strategy, GameStop (GME) — led by its CEO Ryan Cohen — […]
99% of Crypto Tokens Are Going to Zero: Fund Manager
Money managers in crypto are able to use trading strategies that stopped working in TradFi more than a decade ago. What to know: There’s never been a better time to allocate money to crypto hedge funds. That’s according to Chris Solarz, the chief investment officer of digital assets at Amitis […]
Congressman Ro Khanna Says Democrats Are Changing Their Tune On Bitcoin
For years, Congressman Ro Khanna (D-CA) has been one of the few Democratic politicians in the U.S. government who’s been a vocal proponent of Bitcoin, but now he says that more Democratic elected officials as well as prominent voices in the party are coming to support his stance. On March […]
Bitcoin ATM Business Remained Sluggish Through Bull Market
Bitcoin Depot has booked roughly $3 billion in transactions since its inception in 2016. What to know: Bitcoin (BTC) may have surged above the $100,000 mark last year, but not all bitcoin-centric businesses benefitted from the price action. Bitcoin Depot (BTM), a firm that specializes in selling bitcoin ATMs, has […]
