CRYPTO
Strategy Didn’t Add Bitcoin Last Week, Expects to Book $6B Loss on Holdings in Q1
What to know: Its capital raising efforts likely on hold amid the market panic, Strategy (MSTR) did not add to its bitcoin (BTC) holdings last week. Additionally, the company expects to report a net loss for the first quarter due to a $5.91 billion unrealized loss on its bitcoin holdings, according […]
5 Crypto Tax Mistakes That Could Trigger an IRS Audit
Be wary of these common errors that can trip up crypto investors, says Saim Akif. With IRS audits on the rise for 2025, cryptocurrency holders face more scrutiny than ever. It’s not just about paying taxes. The evolving rules mean even small oversights can lead to large penalties or expensive […]
Whales Buy the Bitcoin Dip: First Meaningful Accumulation in 8 Months
Another indicator, though, continues to point to downward price pressure. What to know: Prices remain under pressure and sentiment is so weak one would think it’s 2022 all over again, but for the first time in nearly a year, bitcoin (BTC) whales are buying. Following months of distribution as bitcoin […]
Kraken Secures Restricted Dealer Status in Canada Amid ‘Turning Point’ for Crypto in the Country
Kraken announced it will offer free Interac e-Transfer deposits for Canadian users to reduce friction for newcomers to the platform. What to know: Crypto exchange Kraken has registered as a restricted dealer in Canada, allowing the exchange to continue offering crypto trading services to Canadian users under the country’s evolving […]
Bill Miller IV Reveals Firm’s Investment in GME, Touts Bitcoin Treasury Strategy
Bill Miller IV backs GameStop and Strategy, calling Bitcoin treasury strategy a smart long-term play against fiat debasement. In a recent interview, Bill Miller IV outlined his firm’s investment approach in a rapidly shifting macro environment, spotlighting GameStop as a new position and reiterating strong conviction in Strategy (formerly MicroStrategy) as the […]
The Great CBDC Bait-and-Switch: How Stablecoins Could Become the New Surveillance Currency
While Trump is busy posturing against CBDCs, his administration is actively laying the groundwork for stablecoins to fill the exact same role When Donald Trump announced his bold opposition to central bank digital currencies (CBDCs), many cheered. “Finally,” they said, “a politician who’s putting a stop to the technocratic surveillance […]
Bitcoin Could Threaten Dollar’s Reserve Currency Status: BlackRock’s Larry Fink
In a letter to shareholders, the chairman of the world’s largest asset manager warned about the soaring U.S. debt and the possible competition that bitcoin poses to the U.S. Dollar. What to know: Still a big fan of digital assets, BlackRock CEO Larry Fink nevertheless said he’s not blind to […]
Beyond The Vault: Why Bitcoin’s True Power Lies In Motion
A critique of Saylor’s store of value obsession and a case for the medium of exchange, and a case for why Bitcoin needs to be both. Michael Saylor, you were forced to realise that all the store-of-value assets are defective and pushed you to focus on the only asset that […]
Metaplanet Ups Bitcoin Holding to Over 4K BTC, Rakes Up Another 696 BTC
Metaplanet purchased the bitcoin for an average purchase price of around 14.6 million yen and has spent a total of 10.15 billion yen to buy bitcoin. What to know: Japanese hotel company Metaplanet (3350) has purchased an additional 696 BTC ($58.5 million), taking its total stash to 4,046 BTC. Metaplanet purchased the […]
Rhode Island Bill Would Allow State Residents To Spend $10,000 Monthly In Bitcoin Tax Free
A bill introduced to the Rhode Island Senate would enable the state’s residents to spend or sell just under $1,000 in bitcoin 10 times per month without incurring state capital gains taxes. Bill S. 0451, which was introduced to the Rhode Island Senate last month, permits the state’s residents and […]
