The global crypto market is heating up with various news, that led Bitcoin (BTC) to dip to $65,521 from the high of $68,722. This 5% drop followed reports from the Wall Street Journal claiming that Tether, a major player in the crypto space, is under investigation by U.S. authorities. Tether
Japanese investment firm Metaplanet has embraced a new performance metric called “BTC Yield” to evaluate its growing Bitcoin holdings, closely following the approach of U.S.-based firm MicroStrategy. Announced on Oct. 25, Metaplanet’s BTC Yield aims to reflect the company’s Bitcoin acquisition strategy’s potential shareholder value, offering a unique measure by
Microsoft shareholders will soon decide whether the company should publicly assess the potential of adding Bitcoin to its balance sheet. An October 24 filing with the U.S. Securities and Exchange Commission (SEC) reveals the proposal, named “Assessment of Investing in Bitcoin,” will be presented for a vote on December 10.
The digital assets sector encountered a shocking incident, as a US government-related crypto wallet was compromised. The attack led to a loss of $20 million worth of funds in the form of USDT, USDC, aUSDC, and ETH tokens. Meanwhile, on turning to the prices table, Bitcoin has resurfaced at $67K,
Do you know how crucial is October for Bitcoin? Let’s rewind 16 years. On the 31st of this month, a pseudonymous developer named Satoshi Nakamoto released the teaser of the revolution — the Bitcoin whitepaper. Was he aware of how this technology would take form to challenge traditional finance? Who
Italy has officially introduced a major tax hike on cryptocurrency gains, raising concerns among investors. As part of the country’s 2025 Budget Law, capital gains on Bitcoin and other cryptocurrencies will be taxed at 42%, up from the current 26%. This significant increase, signed into law by President Sergio Mattarella,
The crypto market is in a state of flux, marked by significant liquidations and fluctuating investor sentiment. On October 23, 2024, total liquidations reached $261 million, predominantly affecting long positions as traders anticipated a continuation of Bitcoin’s bullish trend. This liquidation surge ranks as the second-largest for October, following the
Bitcoin’s crucial resistance levels are tested to confirm a bullish trend. To accomplish this, BTC needs to surpass the $70K mark. The asset has shown resilience in recent days, with the bulls eyeing higher targets. The technical indicators suggest Bitcoin’s bullish momentum despite a brief downside correction. Moreover, the daily
exSat Network, a scaling solution that aims to unleash and scale the Bitcoin ecosystem, is excited to announce the official mainnet launch today. The exSat community and the larger blockchain ecosystem are taking a big step forward with this milestone. According to Satoshi, Bitcoin will revolutionize conventional financial institutions by providing
With just two weeks until the US elections, market sentiments are shifting as former President Donald Trump extends his lead over Vice President Kamala Harris in betting markets. As key swing states begin to lean Republican, traders are increasingly pricing in a potential Trump presidency, which has historically been viewed
