Goldman Sachs is planning to spin off its digital assets platform into an independent company, aiming to enable large financial firms to create, trade, and settle instruments via blockchain. Mathew McDermott, Goldman’s global head of digital assets, revealed that the initiative is in early stages, with a spin-out goal set within 12 to 18 months, […] Source: https://news.bitcoin.com/goldman-sachs-unveils-plan-for-independent-digital-asset-platform-to-reshape-markets/
The Democrat members of Congress want answers from the Treasury on why Tornado Cash is still operating after being sanctioned. Source: https://cointelegraph.com/news/us-lawmakers-question-what-treasury-tornado-cash?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin’s projected surge to $200,000 gains momentum as analysts cite pro-crypto policies, sovereign-led demand, and growing institutional adoption reshaping the market’s future. As Analysts Reaffirm $200K, the Pressure Mounts on Bitcoin Bears Leading research and brokerage firm Bernstein reiterated in a client note Monday that bitcoin could reach $200,000 by 2025, maintaining its earlier prediction. […] Source: https://news.bitcoin.com/analysts-bitcoin-200k-target-fuels-bullish-fire-bears-brace-for-impact/
The early bird gets the worm, or so the adage goes. In the case of MicroStrategy, it’s been just over four years of steadily stacking Bitcoin—and it wants more. MicroStrategy said Monday evening that it plans to raise $1.75 billion through convertible notes to buy more of the world’s largest crypto and for “general corporate purposes.” The zero-interest senior notes…
Want a sign that crypto mania has taken over? Just look at the amount of money flowing into digital asset funds. A Monday report from European asset manager CoinShares said that assets under management for crypto investment vehicles are now at a new all-time high of $138 billion. The new peak mark comes after investors threw $2.2 billion at such…
Shares in crypto exchange Bakkt jumped on Nov. 18 after a report that Donald Trump’s company is in advanced stages of a deal to buy the struggling business. Source: https://cointelegraph.com/news/crypto-firm-bakkt-shares-surge-report-trump-media?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Michael Saylor’s poll ignites excitement as 85.6% of voters predict bitcoin smashing $100K by year’s end, fueled by record highs and massive Microstrategy buys. Bitcoin $100K Target Backed by Majority in Michael Saylor’s Poll Microstrategy (Nasdaq: MSTR) Executive Chairman Michael Saylor sparked debate over Bitcoin’s future with a poll on the social media platform X. […] Source: https://news.bitcoin.com/michael-saylors-poll-most-believe-bitcoin-will-hit-100k-by-new-year/
Genius Group has plans for a podcast to help other firms considering Bitcoin as a treasury reserve asset after they found there was no clear blueprint for the process. Source: https://cointelegraph.com/news/genius-group-stocks-up-treasury-with-110-bitcoin-for-10-million?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
BIT Mining, previously known as online sports casino 500.com, made around $2.5 million worth of bribes to Japanese officials between 2017 and 2019. Source: https://cointelegraph.com/news/bit-mining-10-million-fine-bribing-japanese-officials?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Coinbase CEO Brian Armstrong wants to scrap income taxes entirely, dumping the 150,000-page tax code and shifting the chaos to businesses. Coinbase’s CEO Challenges America’s Tax Code Chaos With Controversial Idea Brian Armstrong, CEO of cryptocurrency exchange Coinbase (Nasdaq: COIN), has proposed a sweeping change to the U.S. tax system, calling for the elimination of […] Source: https://news.bitcoin.com/coinbase-ceo-advocates-ending-individual-income-tax-entirely-shifting-burden-to-businesses/
