BlackRock has bought $1.03 billion worth of Bitcoin over the last five days through its iShares Bitcoin Trust (IBIT) ETF. As reported by Coin Bureau, this move is showing how the interest in cryptocurrency is growing from big investors. And also shows that major firms are taking digital assets more seriously. Big Money Flows into
Japan’s proposal to cut crypto gains tax from as high as 55 percent to a flat 20 percent by fiscal 2026 is clearly more than a tax adjustment. It looks like a structural shift in how the country wants to treat digital assets. The current system lumps crypto into miscellaneous income and pushes top earners
The Smarter Web Company is closing another strong week. This is led by new funding, a Bitcoin purchase and growing recognition in traditional finance and crypto circles. CEO Andrew Webley shared his reflections in the company’s weekly update. He highlights key milestones and sets the stage for more expansion ahead. SWC began the week by
Morgan Stanley and Deutsche Bank both predicted the Fed would cut interest rates at its remaining three meetings this year. In separate reports, the two institutions said they expect 25 basis point cuts at the September, October, and December meetings. Both institutions had previously projected only one rate cut in September and December. This week’s
There is a high likelihood that the United States government will form the highly anticipated Strategic Bitcoin Reserve by the end of this year, says Galaxy Digital’s head of firmwide research, Alex Thorn. However, other industry executives are less confident. “I still think there’s a strong chance the US government will announce this year that
Spot Bitcoin and Ether ETFs are seeing renewed inflows as institutional appetite for crypto exposure continues to build. On Friday, spot Bitcoin (BTC) ETFs recorded $642.35 million in net inflows, marking the fifth straight day of gains, according to data from SoSoValue. This pushed cumulative net inflows to $56.83 billion, with total net assets now
Bitcoin BTC$115,812.25 is about 4% higher than it was a week ago—good news for the digital asset but bad news for the economy. The recent negative tone of the economic data points from last week raised expectations that the Federal Reserve will cut interest rates on Wednesday, making riskier assets such as stocks and bitcoin
Cryptocurrency analyst Samson Mow has made a striking prediction regarding the price of Bitcoin. He argues that Bitcoin will not reach $1 million gradually, but rather in a sharp jump over a short period of time. “When you look at the collapse of fiat currencies, it doesn’t happen slowly; it happens suddenly and violently. My
Bitcoin’s current rebound off the $107,200 low has sparked renewed debate over whether the market has already set its local bottom and is positioned to rally higher.. Independent analyst Astronomer (@astronomer_zero) argues that the probability is “90%+” that the low has been planted, citing both price structure and his recurring “FOMC reversal confluence” framework as
BitMEX co-founder Arthur Hayes says Bitcoin holders need to be more patient and stop worrying about stocks and gold hitting record highs, because asking why Bitcoin isn’t higher misses the point. “If you thought you were buying Bitcoin and the next day you were buying a Lamborghini, you’re probably getting liquidated because it is not