Long-term Bitcoin holder buys hit $10B mark as price slips below $60K

The newly reintroduced Boosting Innovation, Technology, and Competitiveness through Optimized Investment Nationwide (BITCOIN) Act of 2025 by Senator Cynthia Lummis would allow the United States to potentially hold over 1 million Bitcoin (BTC) in its crypto reserves.  The bill directs the government to buy 200,000 BTC annually over five years, to be paid for with

Millions of U.S. citizens own both Bitcoin and a retirement account, but hold no Bitcoin in that retirement account. 1632 Total views 15 Total shares Ryan Radloff, CEO of custody solution Kingdom Trust, recently explained a vast number of Americans do not hold Bitcoin (BTC) in their retirement accounts. "There's 7.1 million Americans that have already…

Robert W. Wood is a tax lawyer representing clients worldwide from the offices at Wood LLP in San Francisco. He is the author of numerous tax books and writes frequently about taxes for Forbes, Tax Notes and other publications. The views and opinions expressed here are solely those of the author and do not necessarily…

Describing the allegations as “misinformation” — Coinbase chief legal officer Paul Grewal said Coinbase was exempt from certain campaign finance regulations as it is not a federal contractor.

There exists a meme in the crypto world that goes something like, “Whenever I buy, the market dumps, and whenever I sell, the market pumps.” Like a cliche, the widespread status of a meme is a sign that it contains an element of truth, as anyone who has spent five minutes on a trading site…

A large Bitcoin (BTC) whale holding 68,000 BTC ($523 million), has not moved the funds for more than five years and on-chain data shows other whales have similarly held onto their BTC for 4.7 years on average.Although Bitcoin is the top ranked cryptocurrency on CoinMarketCap,  whales holding on to the digital asset without selling for…

The SEC has started clamping down on crypto influencers, issuing several fines and cease and desist orders in the past few years. 190 Total views 1 Total shares The United States Securities and Exchange Commission (SEC) is pursuing crypto influencers who have promoted scam projects and are found to be manipulating the prices of certain…

Crypto lending firm Nexo has paid its token holders a total of $2,409,574.87 in dividends. Nexo reportedly has reached an annualized dividend yield of 12.73%.Nexo announced the completion of its dividend payments in a press release on Aug. 16. According to the press release, Nexo has a user base of over 250,000. Moreover, Nexo’s dividend…

Monday, Oct. 7 — Crypto markets are seeing notable upward movement, with Bitcoin (BTC) breaking back above $8,000.While a few of the top 20 coins report losses at press time, XRP is seeing a sharp growth of over 8%.Market visualization. Source: Coin360Bitcoin’s dominance continues to dropAfter Bitcoin tumbled below $8,000 again on Oct. 6, the…