Bitcoin Usage Surges in Nepal Despite Ban
The IMF urges Nepal to regulate crypto under international standards as adoption grows despite a ban, peaking at 13% of GDP in 2021. #Update #Crypto
Bitcoin
Bitcoin Could Hit $1 Million Says Exec
Morgan Stanley’s Amy Oldenberg suggests $BTC could reach $1 million over time, requiring gradual adoption or market shifts, as the firm expands its digital asset services.
Bitcoin CEO Booked in Bribery Case
South Korean police have booked Bithumb CEO Lee Jae-won for alleged bribery involving a lawmaker’s relative, intensifying a broader corruption probe. #Breaking #Legal
Bitcoin Sale Clears $20M Debt Boosts Expansion
@Fold monetized $45M in bitcoin, erasing $20M debt and securing $25M for growth, highlighting corporate crypto treasury flexibility. #Update #Crypto
Bitcoin Bill Advances to Stock Status in Japan
Japan’s House of Representatives approved a bill to classify $BTC, $ETH, and $XRP as financial products like stocks, potentially lowering crypto tax rates to 20% by 2028. #Breaking #Crypto $BTC $ETH $XRP
Bitcoin ETF Launches with Lower Fees
@BlackRock is nearing the launch of its bitcoin fund, offering income through call options on IBIT shares, with a competitive fee of 0.65%. #Update #Crypto $BITA
Bitcoin ATMs Banned in Delaware State
Delaware plans to ban cryptocurrency ATMs under proposed legislation HB 441 due to rising fraud cases, aligning with similar restrictions in other states. #Update #Legal $BTC $ETH
Bitcoin Transition Indicator Delays Bottom
On-chain data indicates Bitcoin’s PnL Index is in a transition phase, not yet undervalued. Short-term holder whales face $16.4B unrealized losses. $BTC at $61,700, down 6% in seven days.
Bitcoin Holds Steady Amid Soft Core Inflation
Bitcoin rose 1.9% to $62,600 following a modest inflation report, while other major cryptocurrencies declined, with $ETH down 6.5% and $XRP down 7.5%. #Update #Crypto $BTC
Bitcoin Approaches Key Structural Bottom Level
$BTC price surged over 2% in 24 hours, nearing a structural bottom amid rising US CPI inflation at 4.2% and Bitcoin ETF outflows, according to @CryptoQuant. #Update #Crypto $BTC
Bitcoin Tokenizes Oil Gold Copper with Keeta
ASK Group and Keeta partner to tokenize Gulf assets by 2027, leveraging Keeta’s blockchain for rapid transactions. The initiative aims to revolutionize asset ownership and remittances. #Update #Blockchain
Bitcoin Legislation Advances in Nigeria Senate
Nigeria’s Senate advances a crypto bill to committee for a 4-week review, aiming to establish a legal framework for digital assets and enhance investor protection. #Update #Crypto
Bitcoin Whales Buy 11000 BTC at $60K Dip
Bitcoin whales accumulated over 11,000 BTC worth $700M during a market dip below $62,000, moving coins off exchanges into cold storage. #Update #Crypto $BTC
Bitcoin Treasuries: Leverage Hits Record High
Bitcoin treasuries are leveraging at record rates, warns Capriole’s Charles Edwards, likening them to 1929 investment trusts amid Strategy Inc.’s dominance. #Update #Crypto $BTC