ANALYSIS: US spot Bitcoin ETFs are on track to surpass Satoshi Nakamoto's holdings by year-end, potentially achieving this milestone by Thanksgiving, according to Bloomberg’s Senior ETF Analyst, Eric Balchunas.
RECENTLY: Senator Ted Cruz said he aims to make Texas a leading hub for Bitcoin and cryptocurrency by promoting freedom-focused policies and leveraging the state's resources.
OPINION: Dan Tapiero, a prominent investor and cryptocurrency expert, asserts that the rise of memecoins is essential for demonstrating blockchain's capabilities, paving the way for its adoption in traditional finance.
RECENTLY: Robert Kiyosaki criticized the Federal Reserve's policies, praised Michael Saylor's Bitcoin strategy, and suggested Donald Trump could be the first "Bitcoin President" to help make America richer.
TODAY: Romanian blockchain developer Ovidiu Damian from Pi Squared reports that Romania is leveraging blockchain technology to count and validate presidential electoral votes, enhancing election integrity and traceability.
JUST IN: Elon Musk reacted to Jim Cramer's bullish remarks about Bitcoin, which led to a price reversal from nearly $99,860 to around $97,215, responding with laughing and 100% emojis.
RECENTLY: FIFA and Mythical Games are collaborating to launch FIFA Rivals, a free-to-play blockchain soccer game scheduled for summer 2025, which could attract over 100 million gamers.
JUST IN: Cantor Fitzgerald plans to acquire a 5% stake in Tether for up to $600 million, coinciding with CEO Howard Lutnick's appointment as Trump's Secretary of Commerce.
RECENTLY: America’s newly-appointed Attorney General, Matt Gaetz, vows to expose stock market corruption in Congress while promoting legislation to allow federal tax payments in Bitcoin.
RECENTLY: Australia's Treasury has launched a consultation on implementing the OECD's Crypto-Asset Reporting Framework to enhance tax transparency and combat tax evasion, with potential reporting requirements starting in 2026.
JUST IN: The crypto market braces for potential volatility this week as key events, including US PCE inflation data, FOMC minutes, and a $10 billion crypto expiry, are set to impact investor sentiment.
RECENTLY: A crypto trader made a $2.5 million profit by turning 13 SOL into 9,718 SOL through trading the Slopfather (FATHA) token after a rapid market surge.
RECENTLY: Cameron Winklevoss, CEO of Gemini, is urging the new Attorney General to investigate the dropped campaign finance charges against Sam Bankman-Fried, citing public interest and concerns over transparency.