Tag: Bitcoin

  • Peter Schiff Says Biden Selling All US Bitcoin Would Be “Good,” Here’s Why

    Peter Schiff Says Biden Selling All US Bitcoin Would Be “Good,” Here’s Why

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    V Sinclair

    Renowned economist Peter Schiff has made another bold statement against Bitcoin. Schiff stated that Joe Biden’s government selling all the country’s BTC holdings would be a good thing and further explained why such a move would benefit the US. Peter Schiff Says Biden Selling All US Bitcoin Will Be “Good” In an X post, Peter…

  • South Korean Markets Reel Amid Political Chaos

    South Korean Markets Reel Amid Political Chaos

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    Oscar

    South Korea faces heightened market volatility as a deepening political crisis shakes investor confidence. Stocks and the won have nosedived, exacerbated by recent events tied to embattled President Yoon Suk Yeol. Kospi and Won Under Pressure The Kospi Index tumbled 2.8%, while the Kosdaq dropped over 5%, marking its lowest point since April 2020. Meanwhile,…

  • Following the NCPPR proposal, Amazon must decide whether to invest in Bitcoin.

    Following the NCPPR proposal, Amazon must decide whether to invest in Bitcoin.

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    V Sinclair

    The National Center for Public Policy Research (NCPPR), a conservative think tank based in Washington D.C., submitted a shareholder proposal to Amazon, urging the tech giant to allocate 5% of its total assets into Bitcoin. The proposal, which suggests that Amazon hedge against inflation and diversify its treasury, highlights Bitcoin’s recent performance as a key reason for…

  • OKX introduces a cryptocurrency wallet and trading platform in Belgium.

    OKX introduces a cryptocurrency wallet and trading platform in Belgium.

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    V Sinclair

    OKX, a cryptocurrency exchange, has expanded its European operations by launching a trading platform and self-custodial wallet in Belgium. OKX Exchange and OKX Wallet are now officially open for customers in Belgium, OKX announced to Cointelegraph on Nov. 26. With newly launched services by OKX, Belgian customers can now access spot trading and convert more…

  • Czech Republic Moves to Exempt Long-Term Crypto Holdings from Taxation

    Czech Republic Moves to Exempt Long-Term Crypto Holdings from Taxation

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    Issac Lane

    Prime Minister Announces Major Tax Relief for Crypto Investors The Czech government has approved legislation to exempt cryptocurrencies held for more than three years from capital gains tax. Prime Minister Petr Fiala confirmed the move in a Dec. 6 statement, highlighting a series of crypto-friendly tax reforms. Under the proposed law, taxpayers will not need…

  • Trump Appoints David Sacks as AI and Crypto Czar

    Trump Appoints David Sacks as AI and Crypto Czar

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    Oscar

    U.S. President-elect Donald Trump has appointed former PayPal COO David Sacks as the “White House AI & Crypto Czar.” The announcement, made on Trump’s social platform Truth Social, underscores his administration’s focus on establishing regulatory clarity for cryptocurrencies and artificial intelligence (AI). Sacks, a prominent venture capitalist and member of the “PayPal Mafia,” will oversee…

  • Bitcoin Breaks into the Top 10 Largest Currencies Globally

    Bitcoin Breaks into the Top 10 Largest Currencies Globally

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    Oscar

    Bitcoin, the pioneering cryptocurrency, has made history by becoming the world’s 10th largest currency by market capitalisation. With 19.8 million BTC valued at $2.04 trillion, Bitcoin’s meteoric rise cements its status as one of the most influential assets in global finance. A Remarkable Journey to the Top Since its inception in 2009, Bitcoin has grown…

  • Bitcoin Surges as MicroStrategy Eyes Nasdaq-100 Inclusion

    Bitcoin Surges as MicroStrategy Eyes Nasdaq-100 Inclusion

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    Oscar

    MicroStrategy, a business analytics firm turned “bitcoin treasury” juggernaut, is on the verge of being included in the prestigious Nasdaq-100 Index. With a $75 billion market cap and a near-500% stock price surge in 2024, it currently ranks as the 66th-largest company in the market. Analysts believe its inclusion is “basically guaranteed,” though some warn…

  • Bitcoin Rebounds Above $95K as Altcoins Gain Momentum

    Bitcoin Rebounds Above $95K as Altcoins Gain Momentum

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    Oscar

    Bitcoin experienced a slight price correction, prompting a noticeable shift in market sentiment. Investors are diversifying their portfolios, with increased interest in altcoins signaling a potential pivot in the crypto economy. Despite this movement, Bitcoin retains its dominant market position and strong performance metrics, reinforcing its status as a cornerstone asset. Altcoins Garner Attention The…

  • MARA Holdings to Raise $805M for Bitcoin Expansion and Debt Management

    MARA Holdings to Raise $805M for Bitcoin Expansion and Debt Management

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    Oscar

    MARA Holdings, Inc., a key player in blockchain computing, has announced plans to raise $805 million through convertible senior notes due in 2031. This move underscores the company’s commitment to expanding its Bitcoin holdings and managing its financial obligations. The offering targets qualified institutional buyers, comprising $700 million in convertible notes and an optional $105…