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Bitcoin is no tulip, says ETF analyst Eric Balchunas

Bloomberg’s Eric Balchunas rebuts Bitcoin–tulip comparisons, citing 17 years of recoveries, ETF demand, and halving-driven scarcity as proof of lasting asset value. Bloomberg ETF analyst Eric Balchunas has challenged comparisons between Bitcoin and the Dutch tulip mania of 1637, citing…

Harvard boosts Bitcoin ETF stake 257% in Q3 2024

Harvard hiked its Bitcoin ETF stake 257% in Q3 2024, making iShares Bitcoin Trust its top disclosed holding, even as BTC slid and critics questioned the move. Harvard University expanded its Bitcoin exchange-traded fund holdings by 257% in the third…

British Columbia seizes $1M in assets tied to QuadrigaCX co-founder

Former QuadrigaCX co-founder Michael Patryn loses $1M in seized gold, cash, and luxury goods after British Columbia invokes unexplained wealth order powers. British Columbia authorities have seized cash, gold and luxury items valued at approximately $1 million tied to QuadrigaCX…

CRA targets 2,500 Dapper Labs users in NFT tax probe

Canada’s CRA won a court order forcing Dapper Labs to hand over data on 2,500 users, marking a major escalation in the country’s crypto tax enforcement drive. The Canada Revenue Agency has obtained a court order requiring Dapper Labs to…