bitcoin

South Korea to seize

South Korea to Seize Crypto from Tax Evaders

South Korea is stepping up its enforcement against tax evaders using crypto. Gwacheon City, home to several major government offices, is rolling out an electronic asset seizure system next month, marking a significant move in the country’s approach to digital taxation. The new system will enable authorities to track and confiscate digital assets from individuals

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Bitcoin Wallet

15-Year-Old Bitcoin Wallet Moves $5M in BTC

A Bitcoin wallet holding 50 BTC, mined some 15 years ago, has suddenly sprung to life. Once valued at just $0.10 per coin, these holdings now translate to a staggering $5 million. The transaction, spotted by Bitcoin historian Pete Rizzo via a mempool.space screenshot, has reignited discussions about dormant wallets and their mysterious reactivations. The

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Bitcoin poised for $130k

Bitcoin Poised for $130K Surge, Says Standard Chartered

Bitcoin could surge to $130,000 within the next two months, according to Geoff Kendrick, head of digital asset research at Standard Chartered. In a recent market note, Kendrick stated that Bitcoin might soon begin testing new record highs, following its peak of $108,786 ten days ago. Currently, Bitcoin is trading at $105,003, after reaching an

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Trump Media Eyes Bitcoin

Trump Media Eyes Bitcoin with Fintech Expansion

President Donald Trump’s Trump Media and Technology Group (TMTG) is venturing into financial services, with plans to launch a fintech arm called Truth.Fi. The company, which operates the social media platform Truth Social, announced the move as part of a broader diversification strategy. In a bold declaration, Truth.Fi revealed that it may invest $250 million

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Crypto Advocade Scott Bessent

Crypto Advocate Scott Bessent Confirmed as Treasury Secretary

The U.S. Senate voted to confirm billionaire hedge fund manager and crypto advocate Scott Bessent as the next Treasury Secretary, with a resounding majority of 68 votes in favor. Bessent, known for his vocal support of blockchain and digital assets, joins President Trump’s cabinet, marking a significant shift in leadership at the Treasury Department. Bessent’s

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Microstrategy's bold bitcoin strategy

MicroStrategy’s Bold Bitcoin Strategy

On January 27, 2025, MicroStrategy submitted a Form S-3 to the U.S. Securities and Exchange Commission (SEC), signaling a new chapter in its approach to corporate funding. The filing outlines plans to issue various financial instruments, including bonds, Class A common stock, preferred shares, depositary receipts, warrants, and hybrid security units. This move reflects MicroStrategy’s

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