Tag: Bitcoin

BlackRock’s spot Bitcoin ETF hits $30 billion, sets new record in 293 days

BlackRock takes the lead reaching $30 billion in 293 days. JEPI took 1,272 days and Gold managed it in 1,790 days Spot Bitcoin ETFs could reach one million Bitcoin, surpassing Satoshi Nakamoto by mid-December BlackRock’s spot Bitcoin exchange-traded fund (ETF) has hit $30 billion in assets setting a new record of 293 days, showcasing rising […]

Analysts anticipate a Bitcoin Dogs breakout as Bitcoin (BTC) teases new ATH

Bitcoin (BTC) surges past $73,000, nearing its all-time high with strong investor interest. Bitcoin Dogs (0DOG), a new meme coin, could break out with its upcoming game launch. Analysts predict growth for Bitcoin Dogs, benefiting from Bitcoin’s bullish momentum. The spotlight is back on Bitcoin (BTC), which recently surged past $73,000, drawing both investor attention […]

Pennsylvania House passes bipartisan Bitcoin bill

Pennsylvania House of Representatives have passed “The Bitcoin Rights Bill”, with a bipartisan majority of 176 to 26. The bill seeks regulatory clarity to the digital assets industry, including on self-custody, payments and taxation. Pennsylvania has passed “The Bitcoin Rights Bill”, a new legislation that seeks regulatory clarity to the crypto industry. While the US […]

Arkham: Tesla still owns $780m in Bitcoin following wallet movement

Tesla has split the 11,509 Bitcoin across seven wallets Arkham Intelligence said some have speculated that the move was to a crypto custodian Tesla remains the third largest publicly traded Bitcoin company being MicroStrategy and Marathon Digital Holdings Tesla still owns 11,509 Bitcoin despite the wallet movement last week, according to a blockchain analytics company. […]

Paul Tudor Jones says he’s long gold and Bitcoin

Billionaire Paul Tudor Jones is bullish on gold and Bitcoin The hedge fund manager told CNBC that commodities are under-owned Paul Tudor Jones says he is long the precious metal gold and digital asset Bitcoin (BTC) ahead of the US election and as inflationary pressures look to persist beyond the November vote. The billionaire hedge […]

River introduces Bitcoin interest on cash deposits feature

River has announced a new feature dubbed, ‘Bitcoin Interest on Cash’ The product allows customers to get BTC for interest earned on their cash deposits. The US-based platform will offer a 3.8% interest on the cash deposits. User funds are FDIC-insured via its partnership with Lead Bank, the exchange said in a press release. River, […]

Bitcoin steadies at $68k, meme coins surge as focus shifts to Poodlana

Bitcoin price has recorded its second week of consecutive gains; ending the week steady above the resistance-turn-support zone of 68,000. On Friday, it hit a level last recorded in late July after rallying by 17% in about a week. At the time of writing, BTC was trading at $68,440.47.  Risk-on sentiment continues The risk-on mood […]

Italy set to raise Bitcoin capital gains tax to 42%

Italy plans to raise the capital gains tax on cryptocurrencies from 26% to 42%. The new policy reflects a trend among European countries tightening crypto regulations. PM Giorgia Meloni assures no new taxes for citizens despite the proposed increases. Italy is set to increase its capital gains tax on Bitcoin and other cryptocurrencies from 26% […]

Elon Musk’s Tesla transfers Bitcoin worth $770M to new addresses

Tesla relocated 11,509 bitcoins, valued at $770 million, to new addresses. This marks Tesla’s first Bitcoin transaction since selling most holdings in 2022. Tesla remains the third-largest Bitcoin holder among public companies after MicroStrategy. Tesla, the electric vehicle giant led by Elon Musk, has recently relocated its entire Bitcoin (BTC) treasury, consisting of 11,509 bitcoins […]