A US congressman has introduced a bill to create a strategic Bitcoin reserve managed by the Treasury and to eliminate capital gains tax on Bitcoin transactions. This proposal aims to support institutional adoption and allow taxpayers to pay federal taxes using Bitcoin without tax penalties. The bill is still under committee review and has not become law yet. Market watchers are closely following this as it could impact Bitcoin's regulatory landscape and market sentiment if enacted.
Prediction market bettors expect Bitcoin's price to remain volatile but largely stable around $80,000 by the end of 2026. Polymarket shows a 73% chance of Bitcoin reaching $85,000, while Kalshi's $35 million market centers predictions near $81,000. H...
Bitcoin analyst Willy Woo highlights a significant divergence between Bitcoin and the S&P 500, comparing it to a similar pattern seen in 2015 before the 2017 bull market. This decoupling suggests Bitcoin may be entering a bullish phase while equities...
Tether CEO Paolo Ardoino revealed a strategy to transform the stablecoin issuer into a diversified financial powerhouse by accumulating large reserves of Bitcoin and physical gold. The company has been purchasing 1-2 tons of gold weekly, amassing abo...
Cryptocurrency markets display varied price changes, with Bitcoin trading around $79,169, slightly down by 0.85%. Ethereum remains stable at $2,490.82, while other coins like DOT and AVAX show significant gains of 13.53% and 6.40% respectively. These...
Bitcoin's price hovered between $78,707 and $80,494, settling near $79,176 with a slight 0.8% drop in the last 24 hours. Analysts expect Bitcoin to trade within a tight range of $78,000 to $82,000 until the Federal Reserve's policy decision in mid-Se...
