Senator Cynthia Lummis has laid the groundwork for the upcoming development of Bitcoin in the United States. As an avid supporter of cryptocurrency, Lummis has worked very hard for years to integrate digital assets into the financial system of the country, and every statement seems to be underlining what has been done so far in […]
Jeremie Davinci, a prominent player in the cryptocurrency domain, has garnered attention with his audacious forecast that Bitcoin may attain an extraordinary value of $350,000. This forecast, lately disseminated on social media, is predicated on historical trends and the present dynamics of Bitcoin mining expenses.
The world’s largest cryptocurrency exchange secured regulatory authorization from the Brazilian government to buy the country’s licensed broker-dealer Sim;paul, allowing Binance to penetrate the crypto market of the South American nation.
According to Bloomberg, BlackRock’s iShares Bitcoin Trust (IBIT) has set a new benchmark in the world of exchange-traded funds (ETFs) since its launch in January 2024. With over $50 billion in assets amassed in just 11 months, IBIT has achieved a feat unparalleled in the industry, outpacing traditional funds that have been operating for decades. […]
In a significant development for the cryptocurrency landscape, the US Internal Revenue Service (IRS) has finalized regulations that will require decentralized finance (DeFi) brokers to report gross proceeds from digital asset transactions.
The Royal Government of Bhutan is still making strategic use of its Bitcoin assets. On December 10 the government dispatched 502 Bitcoin, or around $49. 42 million, to two platforms, Binance and QCP Capital.
The recent Bitcoin price surge, which surpassed $100,000 for the first time, is creating ripples in the long-struggling crypto lending sector, particularly through decentralized finance (DeFi) applications.