Bitcoin Surges as Brazil Blocks Crypto Tax
Brazil’s Congress defeats a crypto tax measure, costing $3B in potential revenue. President Lula calls it a defeat for Brazilians; crypto groups celebrate. #Breaking #Crypto $BTC
Focuses exclusively on news and developments pertaining to Bitcoin, the first and most prominent cryptocurrency.
Brazil’s Congress defeats a crypto tax measure, costing $3B in potential revenue. President Lula calls it a defeat for Brazilians; crypto groups celebrate. #Breaking #Crypto $BTC
Bitcoin’s $BTC implied volatility has reached a 2.5-month high at 42%, reflecting seasonal trends, as traders anticipate larger price movements following recent fluctuations. #Update #Crypto $BTC
Canary Capital’s Trump Coin ETF (TRPC) is listed on DTCC, signaling operational readiness, but SEC approval is pending. TRUMP trades near $7.80–$8; liquidity surges. #Update #Crypto
Maestro releases Symphony, an audited open-source bitcoin indexer for enterprise-grade layer two solutions, unlocking lending and stablecoins on the Bitcoin network. #Update #Crypto $BTC
Maestro has launched Symphony, the first fully audited and open-sourced Bitcoin indexer, supporting BRC-20s, Runes, and Ordinals for secure blockchain applications. #Update #Crypto $BTC
Bitcoin analyst James Check asserts that $110,000 is now Bitcoin’s new bottom, suggesting price targets could rise to $150,000 as bulls remain in control. Currently trading at $121,392. #Update #Crypto $BTC
Bitcoin’s price dipped to $111,480.33 as a veteran trader shorted 3,600 BTC worth $438M on Hyperliquid; sentiment remains bullish despite the bearish bet. #Update #Crypto $BTC
Crypto salaries and token incentives have declined across nearly all roles, with Western Europe as a dominant labor hub and Asia’s hiring share doubling. #Update #Crypto
Bitcoin price remains under $125,000 as Satoshi era whales sell while institutions buy aggressively, creating market tension; significant movements around $118,000 could trigger volatility. #Update #Crypto $BTC
@Block is enhancing Square’s platform with fee-free bitcoin payments and seamless crypto conversions for merchants. #Update #Crypto $BTC
Bitcoin enters a new era as global liquidity surges, driven by U.S. and China monetary easing, says Arthur Hayes. #Update #Crypto $BTC
BounceBit launches BB-tokens, a new rebasing token standard with yield integration, including BBTC, BBETH, BBSOL, BBNB, and BBUSD. The platform’s V3 enhances functionality with a perpetuals exchange. #Update #CeDeFi
Bitcoin Amsterdam 2025 will occur on November 13-14 at SugarFactory, focusing on digital rights, privacy, and corporate Bitcoin reserves; tickets start at €121. #Update #Crypto $BTC
@JackDorsey advocates for a de minimis tax exemption on Bitcoin transactions under $300 to promote its use as everyday money, supported by Senator Cynthia Lummis’ crypto tax bill. #Update #Crypto $BTC