Did you know that bitcoin miners are adopting a strategy originally used by MicroStrategy? This strategy involves holding onto bitcoins instead of selling them right away. It all started when MicroStrategy's shares skyrocketed during the cryptocurrency rally. Their success caught the attention of mi
Get ready, crypto investors! The new year is bringing some big changes to how you report your crypto profits. Starting January 1, brokers and exchanges will start using a new form called the 1099-DA to report your gains. This means you'll need to keep a close eye on your cost basis – the amount you
Meet Frank III, an Austin, Texas man with a bitcoin investment side hustle. He started buying bitcoins in 2011 and really hit the jackpot in 2015 when he bought over a thousand. By 2017, he sold some and made a cool $3. 7 million, which he used to buy a new home in Utah. The problem? He didn't want
The popularity of Bitcoin exchange traded funds (ETFs) has soared to new heights, turning them into the largest holders of the leading cryptocurrency. Recently, these funds collectively surpassed $100 billion in assets under management. This achievement marks one of the quickest and most significant
Eric Trump, part of the Trump organization, has shared his enthusiasm for cryptocurrencies, suggesting that the U. S. could become a major player in the digital currency world. Speaking in Abu Dhabi, he mentioned that his father, Donald Trump, wants to make the U. S. the crypto capital of the world
Bitcoin kicked off the week pretty well, reaching almost $100, 000 on Wednesday. But things took a downward turn on Thursday when the price slipped below $93, 000. Just when everyone thought the drop was it, Bitcoin bounced back, soaring past $100, 000 by Friday afternoon. It ended up stabilizing ar
Bitcoin, the top cryptocurrency, just crossed $100, 000. On December 5, it reached an all-time high of $103, 679, after starting at just a few bucks in 2011. Despite critics from big finance and economists, Bitcoin kept climbing. Now, with a new government that likes crypto, everyone's wondering: wh
Bitcoin made history by crossing the $100, 000 mark late on Wednesday. This milestone came just hours after former President Donald Trump announced his choice for the new Securities and Exchange Commission (SEC) chair, Paul Atkins. Atkins is known for his support of cryptocurrency, which could lead
You've probably heard that the new SEC chief, Paul Atkins, could be great for the crypto world. President Trump sure thinks so, saying Atkins understands the importance of digital assets. This has led to a huge Bitcoin boom, with prices soaring to over $100, 000 in just a year. Crypto fans are excit
Bitcoin has reached $100, 000 for the first time, driven by hopes for favorable regulations under President-elect Trump. The price jumped by 6. 1% on Thursday, exceeding $103, 800 and rising over 50% since Trump’s election victory in November. Trump nominated crypto advocate Paul Atkins to lead the
