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An early bitcoin investor was sentenced to two years in prison for evading taxes on $3.7 million in cryptocurrency gains, using mixers and secret wallets. Bitcoin Investor Sentenced: The High Cost of Hiding Cryptocurrency Profits Frank Richard Ahlgren III, a resident of Austin, Texas, was sentenced to two years in prison for “filing a tax … Read more
The report notes bitcoin’s integration into diversified portfolios with a recommendation to allocate 1.55% for optimal diversification and portfolio stability. Bitcoin 2025 Target: $160,000 Matrixport, an all-in-one hub for crypto financial services in Asia has predicted bitcoin to hit $160,000 in 2025. This is according to its bitcoin 2025 target report released on Friday, Dec. … Read more
Satoshi Yamada asked the Japanese government whether it could “convert part of its foreign exchange reserves” into Bitcoin or another token. Go to Source
BiT Global is suing Coinbase for $1 billion, claiming unfair practices after it delisted wBTC to promote its own competing product, cbBTC. Go to Source
Bitcoin is facing selling above $100,000, but the repeated retest of a resistance level increases the likelihood of a breakout. Go to Source
Bitcoin could reach $180,000 by the end of 2025, the asset manager said. Go to Source
Bitcoin’s price is holding steady at $101,056 per coin, signaling a phase of stabilization as traders analyze conflicting indicators from oscillators and moving averages across various timeframes. Bitcoin On the 1-hour chart, bitcoin is in a consolidation pattern with a mild upward trend after tumbling from $102,582 to $99,250. The $99,000-$99,500 range has shown dependable … Read more
The purchase came amid reports that the Bitcoin mining company was under pressure from activist investor Starboard Value. Go to Source
BTC miners have reaped the benefits in 2024, but their earnings are tiny compared to Bitcoin’s giant market cap. Go to Source
Bitcoin has reached a historic $100,000 milestone, Glassnode reports, marking a pivotal moment in its evolution with over $131 trillion in transaction volume, a $2 trillion market cap, and increasing institutional adoption. Bitcoin’s $131 Trillion Journey According to Glassnode’s latest onchain report, bitcoin (BTC) has crossed a monumental threshold, reaching $100,000 per coin on Dec. … Read more