The US markets have seen a surge of digital coins. Millions of Americans now hold tokens in their wallets. Blocking all of it suddenly would be nearly impossible. At the same time, leaving this sector with no rules puts everyday investors in harm’s way. Why Ban Is Off The Table According to Bloomberg columnist Matt…
India’s Income Tax Department has intensified its efforts to curb tax evasion in the cryptocurrency sector, sending more than 44,000 notices to traders who failed to disclose their virtual digital asset (VDA) transactions in their income tax returns. Indian Tax Watchdog Ups The Ante In a recent session of the Rajya Sabha (Upper House of…
In a bold move that could reshape the crypto landscape, the US President is reportedly preparing to sign an executive order aimed at protecting access to BTC and digital assets. If enacted, this landmark policy would redefine the relationship between digital assets and the US financial system. Bitcoin Steps Into The Political Spotlight Bitcoin has…
Following a brief dip to $112,200, Bitcoin (BTC) has recovered slightly, trading around the $116,300 level at the time of writing. While concerns remain about BTC’s inability to decisively break the $120,000 resistance level, on-chain data suggests the asset may be in an accumulation phase – potentially gearing up for its next breakout toward a…
Bitcoin miners have taken the 7-day average Hashrate to a new all-time high (ATH), despite the fact that the token’s price has been down recently. Bitcoin Hashrate Has Just Set A New Record The Bitcoin “Hashrate” refers to the collective amount of computing power that the miners as a whole have connected to the blockchain….
On-chain data shows that the Bitcoin short-term holders have switched to loss-taking recently. Here’s what this could mean for the asset. Bitcoin Short-Term Holder SOPR Has Dropped Below 1.0 In a new post on X, the on-chain analysis platform Checkonchain has talked about how the behavior of the Bitcoin short-term holders has changed recently. The…
A new contender has entered the conversation about institutional Bitcoin adoption, and it’s not from Silicon Valley. London-listed Satsuma Technology, formerly TAO Alpha, has completed a massive £163.6 million ($218 million) convertible note financing round, but with an unexpected twist: nearly 60% of it was settled in BTC. According to a recent announcement, a total…
ChatGPT’s BTC analysis has revealed an extraordinarily tight consolidation at $116,704, marked by minimal -0.01% movement, which creates a textbook coiled spring setup. This comes as President Trump reportedly plans an executive order allowing Bitcoin investments in 401(k) plans, positioning BTC for a potential breakout toward $118,000 or a support test at $115,700. ChatGPT’s BTC…
After a period of downward trend, Bitcoin seems to have found its bullish traction once again, as the flagship crypto asset surges back to the $115,000 price mark. While BTC’s price has shifted from bearish to bullish action, there has been a significant rise in realized profits. Realized Bitcoin Profits Climb Sharply With Bitcoin reclaiming…
Bitcoin is entering a critical phase after losing the crucial $115,000 support level, with selling pressure mounting across key timeframes. The bullish momentum that previously fueled upside moves has faded, and price action now signals growing market weakness. As investor sentiment shifts from cautious optimism to concern, fears of a deeper correction below $110,000 are…