Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
Bitcoin Adoption News
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Metaplanet raised $255 million and launched new warrants to fund more Bitcoin purchases as it pushes toward a 210,000 BTC treasury target.
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ETF inflows and continued corporate buying are gradually reshaping Bitcoin’s ownership structure, Bernstein analysts say.
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Banks seek to deploy capital in the most efficient way possible, but capital rules under the Basel III framework make crypto holdings costly.
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Johnson said that he could understand why gold and Pokémon cards have investment appeal but not Bitcoin, which he characterized as a scam.
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US lawmakers are eyeing tax exemptions for US dollar stablecoins, which are designed to maintain a fixed value, but not other cryptocurrencies.
2287 - News
The funding will support development of a programmable execution layer designed to enable faster issuance and settlement of digital assets on the network.
1649 - How to
Ray Dalio argues Bitcoin cannot replace gold as a store of value, citing central bank demand, market maturity and Bitcoin’s risk-asset behavior.
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Metaplanet said the new firm would support Japan-based Bitcoin projects in the payments and lending space in addition to stablecoins and tokenization-focused startups.
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Nigel Farage has acquired a 6.31% stake in the London-listed Bitcoin treasury company Stack BTC amid broader scrutiny over crypto donations in UK politics.
2159 - Market Analysis
Profit-taking by short-term Bitcoin traders accelerated the BTC drop below $70,000, but spot and futures traders may kickstart a quick recovery.
4823 - News
Vancouver city staff say Bitcoin is not permitted under the Vancouver Charter and recommend dropping Mayor Ken Sim’s 2024 reserve proposal ahead of a Tuesday council vote.
2515 - Market Analysis
Backtested data and forward-looking models found that dollar-cost averaging Bitcoin buys is the best way to invest in BTC. Will the strategy work in the next bull market?
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Strive’s Joe Burnett argues AI-driven deflation may force looser policy, pushing Bitcoin toward $11 million a coin by 2036 and a $230 trillion market cap.
3074 - Market Analysis
Bitcoin institutional flows are cooling while its long-term holders and network participants absorb the supply. In a range-bound regime, these are the key signals to watch.
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