Trade News

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  Bitcoin Giants | Who will hold the most BTC in 2024?

  2024-01-12 Trade News

  Introduction. Bitcoin's role as a market leader in the crypto industry cannot be overemphasized. The significance of tracking the largest holders of Bitcoin lies in their significant impact on market trends and investor confidence. This report focuses on profiling the holdings of different entities, including publicly traded companies, private companies,…

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  10+ Years of Long March Bitcoin Spot ETF Key Turning Points and Historic Moments

  2024-01-12 Trade News

  The long journey of more than ten years, bitcoin spot etf January 10, 2024 This time it was really passed by the SEC. I don't know if it's predestined or it's just a coincidence that on the same day 15 years ago, bitcoin pioneer Hal Finney posted the first tweet…

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  Japan to Introduce Major Cryptocurrency Tax Reform in 2024

  2024-01-11 Trade News

  Beginning in 2024, Japan will likely eliminate the crypto tax on unrealized gains from cryptocurrency investments, which would be a major shift for investors. At a recent cabinet meeting on December 22, the Japanese government finalized the outline of a crypto tax reform for the 2024 fiscal year. The reform…

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  SEC Account Hacked, False Bitcoin ETF Approval News Sparks Market Volatility

  2024-01-11 Trade News

  Introduction: Earlier today, the U.S. Securities and Exchange Commission's (SEC) X account was hacked, leading to false Bitcoin ETF approval news spreading across social media. This event quickly sparked volatility and widespread concern in the markets. Gary Gensler's False Tweets The SEC has been the center of attention for investors…

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  Standard Chartered Expects Bitcoin to Reach $200,000 by 2025

  2024-01-10 Trade News

  Bitcoin's future looks bright, with Standard Chartered predicting that the price will rise to $200,000 by 2025, driven by ETFs and supply factors. Geoff Kendrick, head of foreign exchange research at Standard Chartered, has made a bold prediction about the future of bitcoin. In a new report released on Monday,…

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  Thailand Approves $14 Billion ‘Digital Wallet’ Program in Fiscal Debate

  2024-01-10 Trade News

  The Thai government has reportedly approved a $14 billion digital distribution program amid a debate over the country's economy. The Thai government has received approval to borrow for its 500 billion baht ($14 billion) digital distribution program, Reuters reported on Monday. The decision is a major move in the financial…

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  Why were 26 bitcoins sent to Satoshi Nakamoto’s wallet?

  2024-01-10 Trade News

  Brief: -A user recently sent 26 BTC to Satoshi Nakamoto's wallet, sparking speculation about the motive behind the transaction. -US attorney Jeremy Hogan predicts that it was an attempt to force Satoshi Nakamoto to reveal his identity. -This interesting move is in line with recent IRS regulations requiring reporting of…

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  Market Sentiment High as Spot Bitcoin ETF Decision Looms

  2024-01-10 Trade News

  The cryptocurrency market saw a strong upswing this week as the price of Bitcoin crossed the $47,000 mark, hitting a new high in nearly three months. The market's enthusiasm was largely driven by expectations of an upcoming decision by the U.S. Securities and Exchange Commission (SEC) on a spot Bitcoin…

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  Big Gray Fund Positions, MATIC Falls Out of Favor, AVAX and XRP Become Popular, What Should Investors Do?

  2024-01-09 Trade News

  Introduction: Grayscale has made a quarterly update to the Grayscale Digital Large Cap Fund (GDLC) component weights, adding AVAX and XRP and removing MATIC, which, as of January 4, 2024, consists of BTC, ETH, ADA, SOL, AVAX, and XRP.What does this adjustment mean, and how does it affect future confidence…

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  Reporting Cryptocurrency Transactions Over $10,000 to the IRS or Face Jail Time? The crypto taxing situation is complicated

  2024-01-09 Trade News

  The new tax law seems to have a huge impact on cryptocurrency users, but who it might affect and when doesn't seem to be that simple. Crypto taxes can be a headache. Image by Shutterstock The year 2024 began with a loud cry from all corners of the crypto community:…

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