Strategy (MSTR) won’t be forced to sell Bitcoin to stay afloat if its share price drops, and those who say otherwise are “just flat wrong,” says Bitwise chief investment officer Matt Hougan. “There is nothing about MSTR’s price dropping below NAV [net asset value] that will force it to sell,” Hougan argued in a note…
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Prediction market odds on Kevin Hasset becoming the next chair of the US Federal Reserve spiked after US President Donald Trump appeared to hint at who he has in mind during a White House event. Speaking at the White House on Tuesday, Trump introduced guests, welcoming Hassett as a “potential Fed chair.” “It’s a great…
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BitMine Immersion Technologies has acquired another 23,773 Ether over the past three days amid the current market slump, as its chairman pushed back his prediction on Bitcoin’s all-time high. According to an X post by the crypto data analytics platform Lookonchain, Bitmine purchased 7,080 Ether (ETH) for approximately $19.8 million on Monday. Source: Lookonchain The…
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The Japanese government is reportedly backing plans to introduce a significant reduction in the nation’s maximum tax rate on crypto profits, with a flat rate of 20% across the board. Japan’s financial regulator, the Financial Services Agency (FSA), first floated the proposed tax changes in mid-November, outlining plans to introduce a bill in early 2026,…
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Switzerland has delayed implementing rules that would automatically exchange crypto account information with overseas tax agencies until 2027 and is still deciding which countries it will share data with. Crypto-Asset Reporting Framework (CARF) rules will still be enshrined into law on Jan. 1, 2026, as originally planned, but will not be implemented until at least…
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The Texas state government has made a major Bitcoin move, snapping up $5 million worth of shares in BlackRock’s spot Bitcoin exchange-traded fund, with another $5 million lined up for a self-custodied Bitcoin buy. The government made the purchase on Nov. 20, with the move highlighted via X on Tuesday by Lee Bratcher, president of…
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The SEC has just issued its second “no-action letter” toward a decentralized physical infrastructure network (DePIN) crypto project in recent months, giving its native token “regulatory cover” from enforcement. The no-action letter was sent to the Solana DePIN project Fuse, which issues a network token FUSE as a reward to those actively maintaining the network.…
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Bitcoin open interest has dropped off as the cryptocurrency’s price has slid over the past month, which an analyst argues could see Bitcoin hit a bottom and spark a “renewed bullish trend.” Open interest in terms of Bitcoin (BTC) has seen its “sharpest 30-day drop of the cycle” at around 1.3 million BTC, currently worth…
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The recent downward pressure on the cryptocurrency market could be the result of deep holes in the balance sheets of market makers, according to Tom Lee, chairman of Ether treasury company BitMine. Speaking with CNBC on Thursday, Lee suggested that the Oct. 10 market crash, which saw a record $20 billion liquidated from the market,…
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The number of Bitcoin whale wallets has spiked as the crypto markets struggled this week, with Bitcoin sinking as low as $89,550 on Tuesday. Data from the crypto analytics platform Glassnode shows that whales have been accumulating since late October, with a notable spike in the number of Bitcoin whale wallets holding above 1,000 BTC…
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