Today’s Crypto News Round-up : • Market Movements: BTC’s | Bitcoin & Crypto Trading
Today’s Crypto News Round-up :
• Market Movements: BTC’s rise coincided with a pullback in Asian markets and a statement from the Bank of Japan about a potential interest rate hike. #MarketTrends #BitcoinAnalysis
• MicroStrategy’s Bitcoin Bet: MicroStrategy purchased 12,000 more BTC, bringing its total holdings to 205,000 BTC worth around $14.7 billion. Michael Saylor believes bitcoin will eventually surpass gold’s market cap. #BitcoinInvestment #MicroStrategy
• Biden’s Crypto Mining Tax Proposal: President Joe Biden’s 2025 budget includes a proposal for a crypto mining tax expected to generate over $42 billion in the next decade. #CryptoTax #BudgetProposal
• UK’s Regulatory Stance: The UK’s Financial Conduct Authority (FCA) may allow crypto-backed exchange-traded notes (ETNs) for professional investors. #CryptoRegulation #ETNs
• Financial Times’ Change of Heart: The Financial Times, once a critic of cryptocurrencies, acknowledges Bitcoin’s potential as a long-term investment. #BitcoinAcceptance #FinancialTimes
• Donald Trump’s Crypto Comments: Former President Donald Trump, who previously called crypto a “scam,” now says he has been having “fun” with crypto and views Bitcoin as an “additional form of currency.” #TrumpCrypto #BitcoinOpinion
• Shifting Attitudes: The growing acceptance of Bitcoin among elites and the successful launch of spot Bitcoin ETFs in the U.S. suggest a shift in attitudes towards cryptocurrencies. #BitcoinETF #CryptoShift
: https://t.me/Bitcoin_Blockchain_Trading
@Bitcoin_Blockchain_Trading