Bitcoin Taxes: Gaetz’s Bold Bill Could Revolutionize Payments

In a groundbreaking move that could reshape the intersection of cryptocurrency and government finance, U.S. Representative Matt Gaetz has put forth a bill proposing that Americans be allowed to pay their federal income taxes using Bitcoin. Introduced in the House of Representatives, this proposed legislation aims to amend the Internal Revenue Code of 1986 to […]

VanEck Hints at Ethereum ETF Launch: Is the Wait Almost Over?

VanEck’s recent regulatory filing hints that U.S. Ethereum ETFs might be just around the corner, with some experts speculating a launch within a week. The $89 billion investment manager submitted an 8-A form for the VanEck Ethereum Trust on Tuesday. This crucial document is necessary for corporations to issue specific types of securities on national […]

Metaplanet’s Bold Bet: Issuing Bonds to Buy More Bitcoin

Metaplanet, the public Japanese firm that has been heavily investing in BTC since April. Late Sunday, Metaplanet announced plans to issue another 1 billion yen ($6.2 million) in ordinary bonds to purchase more Bitcoin. At current prices, this would add approximately 101 additional BTC to its balance sheet, supplementing its existing total of 141.07 BTC. […]

White House Rehires Pro-Crypto Advisor: A Policy Shift?

Biden Administration’s renewed engagement with crypto policy, the White House has rehired Carole House, a cybersecurity advisor who previously guided the president on his 2022 crypto-focused executive order. House, who advised President Joe Biden from 2021 to 2022 as a director on the National Security Council with a focus on cybersecurity and digital innovation, is […]

Riot Abandons Bitfarms Takeover: What’s Next?

Bitcoin mining giant Riot has announced its decision to abandon a months-long hostile takeover attempt of the Canadian mining firm Bitfarms—at least for now. Facing staunch opposition from Bitfarms and the implementation of a “poison pill” defense strategy by Bitfarms’ shareholders, Riot has decided to withdraw its bid to acquire Bitfarms at $2.30 per share. […]

Australia Embraces Bitcoin ETFs with ASX’s Latest Listing

Australia’s investment landscape took a significant leap forward with the listing of its first spot-bitcoin (BTC) exchange-traded fund (ETF) on the Australian Securities Exchange (ASX) this Thursday. The launch of the VanEck Bitcoin ETF (VBTC) marks a notable advancement in the country’s crypto investment options, as ASX dominates about 90% of Australia’s equity market. VBTC […]

CertiK in Hot Water Over Crypto Mixer Transactions

In a recent unfolding within the crypto community, blockchain security firm CertiK has come under scrutiny after reportedly transferring funds to a blacklisted crypto mixer, Tornado Cash, following a white-hat hack on Kraken. The situation has escalated into a legal and ethical quandary that challenges the boundaries of cybersecurity practices in the crypto realm. CertiK, […]

Bitwise Launches Ethereum ETF Ad Campaign

The promotional gears for cryptocurrency ETFs are turning faster with Bitwise’s launch of a national TV advertisement emphasizing the advantages of the Ethereum network. The ad, which aired on Thursday, contrasts the traditional stock market’s limited hours to Ethereum’s continuous availability, encapsulating the message: “Unlike Big Finance, Ethereum doesn’t clock out at 4pm.” This 40-second […]