Ohio’s new strategic crypto reserve bill allows up to 10% investment of state funds in digital assets, with $BTC as the only current option due to its market cap. Former presidential candidate Vivek Ramaswamy praised the initiative. Crypto $BTC (+6) ↗
This week, @WSJ reported potential tax issues for @MicroStrategy due to the Corporate Alternative Minimum Tax (CAMT) affecting their unrealized Bitcoin gains. This could lead to significant financial obligations under Biden’s administration. #Update #Legal $BTC (-5) ↘
Bitcoin’s dominance persists, potentially ending hopes for an altcoin season as $ETH struggles and market dynamics shift with 36.4 million altcoins now in circulation. #Update #Crypto $BTC (→ 0)
Bitcoin and Ethereum spot ETFs saw a net inflow of nearly $527 million, with @Fidelity’s ETF leading at $186.1 million and @BlackRock’s fund securing $155.7 million, highlighting increased investor confidence in crypto assets. #Update #ETF $BTC (+6) ↗
Large bitcoin holders, including @MicroStrategy and KULR, are increasing their $BTC holdings after Donald Trump’s inauguration, anticipating pro-crypto policies. This surge in whale activity suggests a potential price floor as retail demand cools. #Update #Crypto $BTC (+4) ↗
Bitcoin remains stable around $105,000 despite a recent dip from its record high of $108,786, as President Donald Trump pardons Silk Road founder Ross Ulbricht and institutional investments continue to surge. #Update #Crypto $BTC (+6) ↗
@a16z is closing its UK office to focus on the US, citing strong policy momentum under President Trump’s administration. The firm remains committed to global crypto investments, including in the UK. #Update #Crypto (+3) ↗
Bitcoin ($BTC) remains volatile, trading above $105,000 as President Trump’s rhetoric weakens the dollar, boosting risk assets. The Bank of Japan’s rate hike to 0.50% could impact global markets. #Update #Crypto $BTC (+6) ↗
Crypto analyst Tony Severino predicts $BTC could reach $321,000 this cycle, citing bullish patterns and Fibonacci extensions. Current price is around $104,300. Analyst Ali Martinez highlights a key support level at $97,877. #Update #Crypto $BTC (+3) ↗
Bitcoin is trading at $104,589 with a market cap of $2.07 trillion, consolidating after a strong rally as momentum fades near $107,149. #Update #Crypto $BTC (→ 0)
Greenlight Capital’s CEO criticized the speculative nature of the crypto market, questioning meme coins like Fartcoin and the creation of Bitcoin reserves as unjustified taxpayer expenses. The firm reduced its stake in ETFs linked to MicroStrategy shares. #Update #Crypto $MSTR (-3) ↘
@MicroStrategy plans to redeem $1.05 billion in convertible notes, aiming to manage corporate debt tied to its Bitcoin acquisition strategy as its holdings near $50 billion. The company is reducing leverage by settling conversion requests in shares. #Update #Crypto $BTC (+5) ↗
In the run-up to the U.S. presidential vote, Donald Trump emphasized the importance of the Bitcoin and crypto vote, unlike Kamala Harris, aiming to foster growth in the sector. #Update #Crypto $BTC (+3) ↗
Bitcoin is poised for a parabolic phase, predicts analyst Rekt Capital, who foresees a massive breakout followed by a severe correction. Bitcoin trades at $104,565 as of now. #Update #Crypto $BTC (+3) ↗
