Bitcoin managed to reclaim its previous spot above $105,000 following a miraculous rebound as tensions cool between Israel and Iran after the U.S. ushers in a ceasefire. According to data from crypto.news, BTC (BTC) experienced a price surge following news of a ceasefire between Israel and Iran. The largest cryptocurrency by market cap almost touched…
Texas has passed a law granting law enforcement the authority to seize digital assets, with the measure set to take effect on Sept. 1. On June 20, Texas lawmakers passed Senate Bill 1498, a bipartisan law that gives law enforcement the power to seize digital assets like Bitcoin (BTC), NFTs, stablecoins, and other cryptocurrency tied to…
The Smarter Web Company has invested more than £15 million to buy more Bitcoin amidst the recent price rebound fueled by the U.S. intercepting Iran’s retaliation, surpassing more than $105,000. In a recent announcement, the London-based technology firm’s recent purchase has brought the grand total up to 543.52 BTC (BTC). Its Bitcoin treasury is currently…
A recent ruling in a criminal court case classified crypto assets as money, which goes against the long-held crypto tax Australian office that counts crypto as capital gains. A court decision involving a federal police officer who allegedly stole 81.6 BTC in 2019 has resurfaced as more traders are contesting how cryptocurrency should be taxed…
The cryptocurrency market rallied on Tuesday, June 24, following news of a potential truce between Israel and Iran, announced by U.S. President Donald Trump. According to a June 24 report by Reuters, Trump said both countries had agreed to end hostilities after a 12-day conflict, though Israel has yet to confirm the agreement, and missiles…
Metaplanet Inc. has approved an additional capital contribution of up to $5 billion to its U.S. subsidiary, Metaplanet Treasury Corp, as part of its expanding global Bitcoin strategy. According to a June 24 disclosure, the Tokyo-based firm said the new funding will accelerate the next phase of its Bitcoin (BTC) acquisition campaign, including the implementation…
Democratic lawmakers have proposed legislation that seeks to block U.S. public officials, including the President, from profiting off digital assets during and after their time in office. Dubbed the Curbing Officials’ Income and Nondisclosure, or COIN, Act, the legislation came in response to concerns over President Donald Trump’s financial ties to cryptocurrency ventures. The bill…
Nansen’s research analyst points out that exchange outflows likely mean investors are buying the dip. Israel’s war with Iran has triggered a significant dip in the price of Bitcoin (BTC). However, Nicolai Søndergaard, Research Analyst at Nansen, explains that many investors appear to be buying the dip. In a statement shared with crypto.news on Monday,…
Bitcoin price has swiftly bounced above $103,000 after a sharp decline triggered by reports of Iran firing missiles at a U.S. base in Qatar. Following confirmation that U.S. interceptor missiles successfully intercepted the Iranian missiles with no casualties, Bitcoin (BTC) surged. The benchmark cryptocurrency had briefly touched the $100,000 level after Iran announced it had…
Crypto media personality Anthony Pompliano announced the launch of his own BTC-focused company on Nasdaq. Michael Saylor’s Strategy may soon be getting a big competitor. On Monday, June 23, crypto podcaster and X influencer Anthony Pompliano announced the creation of ProCap Financial. The company will focus on accumulating Bitcoin (BTC) as a treasury asset, giving…
