3 reasons why Bitcoin traders expect $100K+ BTC price by 2025
If Bitcoin follows its standard post-halving trajectory, its price should be in the six-figure range by 2025. Go to Source
Month: August 2024
Bitcoin Skyrockets Past $61K—Over $23M in Shorts Wiped Out
On Tuesday, bitcoin’s price climbed to $61,600 after dipping below the $60,000 mark over the weekend. The leading cryptocurrency recorded a 2.9% increase against the U.S. dollar, boosting its seven-day gains to 6.9%. Crypto Chaos: Bitcoin Soars, Derivatives Traders Scramble After a brief dip below $60,000, bitcoin is back above that threshold, showing a modest … Read more
Unicoin exec explains why projects fail — Blockchain Futurist Conference
Unicoin hopes to launch on exchanges later this year and focuses on creating digital assets backed by investment portfolio wealth. Go to Source
Senate proposal for crypto tax exemption is long overdue
Four senators are fighting to exempt low-value crypto transactions from federal taxation. Congressional approval for their proposal is long overdue. Go to Source
Solana to $1K seems unlikely, but network fundamentals forecast $190 SOL
Analysts forecast $300 to $1,000 SOL, but network data suggests that a rally to $190 is a more realistic expectation. Go to Source
Bitcoin Miner Core Scientific Announces $350 Million Convertible Senior Notes Offering
Core Scientific, Inc., a prominent digital infrastructure provider for bitcoin mining, has revealed its intent to issue $350 million in convertible senior notes. This offering is anticipated to close in September 2029, with the raised capital earmarked primarily for debt repayment and other corporate necessities. Core Scientific Unveils Convertible Notes Offering, Eyes Debt Repayment On … Read more
$1.6B port investment could revive El Salvador’s Bitcoin City plans
The Turkish Yilport Holdings made the largest-ever private investment in El Salvador and will develop the port at the proposed site of Bitcoin City. Go to Source
Canada needs to overhaul crypto regulations —Coinbase exec
The Canadian government has previously come under fire for undermining the economic freedom of its citizens and freezing crypto donations. Go to Source
Coinbase Expands Crypto Services to Hawaii Following Regulatory Changes
The publicly traded cryptocurrency exchange Coinbase has announced its expansion into Hawaii, allowing residents to access a range of crypto services. The move comes after the state clarified its regulations, enabling Coinbase to offer its platform to Hawaiian users. Hawaii Residents Gain Access to Coinbase’s Full Suite of Crypto Tools Coinbase’s entry into the Hawaiian … Read more
FBI will ‘neither confirm nor deny’ the existence of Satoshi records
An investigative journalist reported that the FBI issued a standard ‘Glomar response’ to a request for information on Satoshi Nakamoto but with an “interesting assertion.“ Go to Source