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Bitcoin – Page 115 – DIGIT INFO

Could Trump’s 2024 Victory Send Bitcoin Soaring to $92K? This Bitwise Exec Thinks So

Bitwise’s head of alpha strategies, Jeff Park, projects that a Trump win in the 2024 U.S. election could push BTC prices toward the $92,000 mark. Park isn’t alone in this prediction; a number of analysts and financial institutions are entertaining similar thoughts. Bitwise Head of Alpha Strategies Jeff Park’s Bold Bitcoin Projection If Donald Trump … Read more

Denmark Unveils Crypto Tax Plan, Recommendations Draw Fire From Bitcoiners

The Danish Tax Council has recommended what it terms non-backed crypto assets like Bitcoin be taxed similarly to asset-based crypto assets. The council argues the recommendations would allow crypto investors to deduct losses from gains thus making taxation more fair. However, some observers believe this amounts to a “declaration of war on crypto” as it … Read more

Vintage 2011 Bitcoin Wallet Moves $10M, Linked to All of October’s 2011 Spends

On Oct. 24, at block height 867,127, a bitcoin wallet from 2011 suddenly moved 150 bitcoins, marking the first transaction in over 13 years. This is the fifth occurrence this month of bitcoins from 2011 being spent, and it’s extremely likely that most of these transactions are all connected to the same individual or entity. … Read more

Free Market Capitalism vs. Crony Capitalism: Unveiling the Key Differences

Capitalism, in its purest form, is often misunderstood, mainly due to the presence of government intervention in today’s economies. The free market, which thrives on voluntary exchanges and limited government interference, is frequently mistaken for “crony capitalism.” This latter system sees heavy government involvement, often to the advantage of particular businesses or industries through subsidies, … Read more

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