Bitcoin and low-cap, high-risk memecoins led the crypto market in the third quarter leading venture capitalists to overlook mid-tier projects. Source: https://cointelegraph.com/news/crypto-vc-funding-drops-q3-projects-overlooked-galaxy-digital?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: October 2024
Italy Targets Bitcoin With Capital Gains Tax Hike as EU Prepares for MiCA Regulations
Italy plans to raise its capital gains tax on bitcoin to 42%, up from 26%, as part of efforts to fund election promises and curb the fiscal deficit. The government cites growing bitcoin adoption as a key factor. This comes as the European Union prepares to implement its Markets in Crypto-Assets Regulation (MiCA), aiming to […] Source: https://news.bitcoin.com/italy-targets-bitcoin-with-capital-gains-tax-hike-as-eu-prepares-for-mica-regulations/
94% of Asian private wealth is investing or considering crypto: Report
Almost a third of surveyed respondents believe that Bitcoin will break through $100,000 by the end of the year. Source: https://cointelegraph.com/news/asian-private-wealth-investing-digital-assets-report?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Brazil Pushes BRICS to Shift From US Dollar, Advocating National Currencies in Global Trade
Brazil pushes for a shift away from the U.S. dollar within the BRICS alliance, advocating for more use of national currencies in trade among member countries. As the group expands, discussions on alternative payment platforms are gaining momentum ahead of the BRICS summit in Kazan. Brazil aims to advance this initiative during its 2025 chairmanship, […] Source: https://news.bitcoin.com/brazil-pushes-brics-to-shift-from-us-dollar-advocating-national-currencies-in-global-trade/
Central Banks Boost Gold Holdings Amid Global Geopolitical Tensions and Economic Uncertainty
Central banks from several nations have signaled a shift towards increasing gold reserves, citing geopolitical tensions and economic uncertainty. Officials from Mexico, Mongolia, and the Czech Republic expressed support for gold’s growing role, reflecting broader trends as central banks seek safe havens amid lower interest rates and rising risks. Central Banks Signal Increased Reliance on […] Source: https://news.bitcoin.com/central-banks-boost-gold-holdings-amid-global-geopolitical-tensions-and-economic-uncertainty/
Forcount ‘Ponzi scheme’ promoter sentenced to 20 years in prison
According to US prosecutors, Juan Tacuri, and his co-conspirators, defrauded investors of $8.4 million in an apparent Ponzi Scheme. Source: https://cointelegraph.com/news/forcount-promotor-sentenced-20-years-prison?utm_source=rss_feed&utm_medium=rss%3FREFRESH1635347511443&utm_campaign=rss_partner_inbound
Robinhood Targets Seasoned Traders With Bitcoin Futures, New Desktop Platform
Robinhood Markets is expanding its reach into the futures market by adding Bitcoin and Ethereum alongside oil and the S&P 500 index as part of its broader strategy to attract seasoned traders. A Robinhood spokesperson told Decrypt on Wednesday its futures offerings via its trading app is expected in the “coming months.” The offerings will include Bitcoin contracts, micro Bitcoin…
Jump Into a Spider Tank on the Gala Network
In the latest episode of Regina’s Web3 Gaming Odyssey, she explored the fast-paced, blockchain-powered universe of Spider Tanks—a game that merges PvP combat with NFT-driven customization. Learn why Regina thinks this Ethereum-based game stands out. Last episode’s quick recap SOL Arena, an Open-Beta game on the Solana network, brings a fresh spin on the classic […] Source: https://news.bitcoin.com/jump-into-a-spider-tank-on-the-gala-network/
Bitcoin Miners Gain Record Hash Rate as JP Morgan Gives Nod to Sector Ahead of US Election
Top U.S.-listed Bitcoin miners have increased their ownership of the global network hash rate, pushing their share to new heights this year, according to a new report. Roughly 14 publicly-listed Bitcoin miners in the U.S. control a record 28.9% of the network, analysts at investment banking giant J.P. Morgan wrote in an investor note on Wednesday. The hash rate refers…
Understanding Bitcoin Treasury Strategies: Insights From Public Bitcoin Miners Like MARA
The following guest post comes from Bitcoinminingstock.io, the one-stop hub for all things bitcoin mining stocks, educational tools, and industry insights. Originally published on Sept. 11, 2024, it was penned by Bitcoinminingstock.io author Cindy Feng. In the editorial, readers discover how MARA Holdings, the largest Bitcoin mining company by market cap, strategically accumulates BTC, outperforming […] Source: https://news.bitcoin.com/understanding-bitcoin-treasury-strategies-insights-from-public-bitcoin-miners-like-mara/