BlackRock's iShares Bitcoin Trust (IBIT) has reached a valuation of $69.7 billion, signaling a significant shift in Bitcoin's perception from a speculative asset to a legitimate investment vehicle. With zero sales since June 2024 and an average cost basis of $70,681, IBIT's performance reflects growing institutional confidence in Bitcoin's long-term...
According to Standard Chartered, Bitcoin could jump to $200,000 by 2025, driven by increasing institutional adoption and major ETF inflows. Geoff Kendrick, the bank's head of digital asset research, has consistently championed Bitcoin's long-term potential and argues that the cryptocurrency's driving forces have undergone a fundamental shift. His strong analysis...
Senator Cynthia Lummis introduced a comprehensive set of tax reforms in 2025 designed to integrate cryptocurrency into the mainstream financial system. The proposals address key challenges in current crypto taxation, including transaction reporting thresholds, the definition of "broker" for IRS purposes, and the tax treatment of staking and mining activities....
Now, in 2025, deep institutional adoption of Bitcoin is in full swing. High-profile moves by the private and public sectors are fueling this expansion. Former President Donald Trump has led the charge on crypto-friendly PR. His aim is to make the U.S. “the crypto capital of the world.” GameStop recently...
Ric Edelman, the 60-year-old prolific financial advisor, and best-selling author of “The Truth about Crypto” – is shaking things up in the enormous $100 trillion+ investment world. Godfrey of boosting cryptocurrency allocations for investors! This follows their recent self-admission that they got it wrong on Bitcoin and crypto in general,...
South Korea is quickly becoming one of the most important players in the global cryptocurrency market. The country is home to the world’s highest cryptocurrency adoption rates and has a bustling blockchain ecosystem. Additionally, the number of industry participants in South Korea’s blockchain ecosystem increased by 15.1% year-over-year, rising to...
Cryptocurrency adoption has doubled in emerging markets, driven by an increasing demand for financial inclusion. This recent upsurge serves to further underscore the role of digital currencies in areas where access to traditional forms of currency is scarce or non-existent. The trend is emblematic of a broader change in how...
Digital Asset, a New York and Sydney based company founded in 2014, has raised a stunning $135 million. This funding will greatly accelerate its Canton Network adoption. The Canton Network, a new open-source technology, connects the best of both worlds by bridging traditional and decentralized finance. This funding helps accelerate...
Bitcoin saw a major jump on Wednesday, rising 2.2% to close at $107,410. The cryptocurrency’s performance far exceeded the broader market, suggesting an emerging, potentially powerful shift in positive investor sentiment. Its market dominance skyrocketed to almost 66%, up from a solid 39% in November 2023.The current Bitcoin value rally...
Solution provider Solana is preparing to lead real-world asset tokenization in Kazakhstan. This new strategic partnership represents another key step in Solana’s global expansion efforts. Read the full announcement here. The Solana Foundation has entered into an agreement with Kazakhstan’s Ministry of Digital Development, Defense, and Aerospace Industry (MDAI). Collectively,...
