News BTS
The proportion of long-term Ether (ETH) holders surged throughout 2024, reflecting growing confidence in the cryptocurrency, while Bitcoin (BTC) saw a decline in its long-term holder base. Data from blockchain analytics platform IntoTheBlock revealed that the percentage of long-term Ether holders…
Power providers in the Siberian crypto mining hotspot of Irkutsk have discovered an illegal mining “farm” operating on their own property. The Irkutsk Region Prosecutor-General’s Office posted on VK, explaining that an unnamed Irkutsk-based “electric grid supply organization” was “found illegally…
Crypto behemoths and bosses who ploughed tens of millions into the November US elections have already reaped billions in wealth. According to a CoinDesk report, the election results have caused tremendous wealth gain among top leaders of crypto firms. For instance,…
The classification of crypto could change in Japan after the nation’s top financial regulator announced plans to start viewing tokens like Bitcoin (BTC) as “financial assets.” Per the Japanese news outlet CoinPost and an official Financial Services Agency (FSA) document, the…
Japan’s government has expressed a cautious stance on holding Bitcoin as part of its national reserves, citing concerns over volatility and its legal incompatibility with current foreign exchange frameworks. In an official response on December 20, issued under the name of…
Six Bitcoin mutual funds are slated to launch in Israel next week following last week’s approval by the Israel Securities Authority (ISA), Israeli newspaper Calcalist allegedly reported Wednesday. Israel Securities Authority Approves Bitcoin Mutual Funds According to CoinDesk – who was…
Prominent trader Skew has expressed cautious optimism over the current trends amid the recent Bitcoin rally, claiming that the market appeared to favor bulls. “So far this bounce has played out here with price retesting the systematic trend which led price…
U.S.-based spot Bitcoin ETFs have witnessed a sharp reversal in inflows, shedding more than $1.5 billion over a four-day outflow streak. This marks the longest outflow streak since Donald Trump’s re-election, which provided a much-needed boost for the market. On December…
La Rosa Holdings has announced plans to offer Bitcoin and other cryptocurrencies as payment options for real estate agents. According to a Monday press release, the initiative is designed to meet increasing demand for alternative payment systems and leverage blockchain technology…
Brokerage firm Robinhood has no immediate plans to invest in Bitcoin, despite its growing focus on the crypto sector. In a recent interview, CEO Vladimir Tenev said that while the idea occasionally surfaces, the company remains focused on its core business…
The Blockchain Association, in collaboration with the Texas Blockchain Council, has launched a lawsuit against the U.S. Internal Revenue Service (IRS) over its latest cryptocurrency regulations. The legal challenge, announced on Dec. 28, pushes back against the IRS’ new rules requiring…
MicroStrategy, the largest corporate holder of Bitcoin, has proposed a substantial increase in its authorized shares to enhance its ability to pursue its Bitcoin-focused strategy. The software company is seeking shareholder approval to raise its Class A common shares from 330…