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News
Bitcoin rebounds after Trump says he's become 'a big crypto guy"
2+ mon, 1+ week ago (540+ words) Bitcoin turned positive Monday after President Donald Trump voiced his support for cryptocurrency....Earlier in the session, bitcoin dove toward $60,000 after Strategy, a longtime corporate buyer of the...A stunning strategy shift by the bitcoin evangelist Michael Saylor has weighed…...
'Bitcoin Jesus' pays nearly $50M to end tax case
10+ mon, 4+ week ago (696+ words) Roger Ver, the cryptocurrency advocate known as "Bitcoin Jesus," has paid nearly $50 million to resolve...agreement that he failed to pay all the taxes that he owed to the Internal Revenue Service on the sale of Bitcoin...Ver admitted that…...
Bitcoin is cratering, but a new Wall Street crypto hype is on the rise
3+ mon, 1+ week ago (608+ words) exchange-traded funds are taking in new assets from investors at a time when the leading crypto bets, including bitcoin...had never heard of a month ago, the reception has been hard to ignore, especially at a time when bitcoin...Spot…...
Bitcoin fund launches for CPA firms' high-net-worth clients
11+ mon, 3+ day ago (373+ words) Whitman Transition Advisors and asset management company Truvestments are launching a Bitcoin where CPA...The Truvestment Bitcoin Legacy Fund is currently in its first phase of development wherein Phil Whitman...and then offer "what is projected to be $600 million to…...
Saylor's Strategy faces 'sizable' fourth-quarter loss from Bitcoin tumble
8+ mon, 1+ week ago (418+ words) Michael Saylor has long noted that Bitcoin's volatility "is a feature, not a bug" when pitching his cryptocurrency...quarter, reflecting an unrealized loss tied to the falling value of the company's roughly $60 billion Bitcoin...The declining share price raised concern…...
Bitcoin's slide sets up an unusual tax harvesting opportunity
8+ mon, 2+ week ago (632+ words) Bitcoin's 30% slide from its all-time high is creating conditions financial advisors say are likely driving..."You can sell that Bitcoin, buy it on that same day, and it doesn't trigger that limitation," said Robert...The timing of Bitcoin's price decline…...
Michael Saylor downplays Strategy credit risk as bitcoin tumbles: 'We'll refinance the debt"
7+ mon, 4+ day ago (274+ words) Strategy CEO Michael Saylor brushed off concerns about the company's credit risk if bitcoin continues..."If bitcoin falls 90% for the next four years, we'll refinance the debt," the executive said Tuesday...Bitcoin was last trading at $68,970.45, down 9% over the past…...
Bitcoin beat the S&P 500, Nasdaq Composite and gold since the start of the Iran war
5+ mon, 4+ week ago (262+ words) A bitcoin comeback may be underway....cryptocurrency was kicking off its latest winning week, ProShares' Simeon Hyman was emphasizing a bullish bitcoin..."If you look at bitcoin, it's up a little bit and equities are down [since the Iran war…...
STCG, LTCG, Bitcoin Gains: Can You Claim Tax Rebate On Special-Rate Incomes? CBDT Clarifies Again
11+ mon, 2+ week ago (253+ words) Tax Rebate u/s 87A: The Central Board of Direct Taxes (CBDT), the country’s apex body, has reiterated that tax rebate under Section 87A of the Income-tax Act, 1961, will not be allowed on special-rate incomes like short-term capital gains (STCG). The clarification…...
There's no Dow or S&P 500 for cryptocurrencies yet. Bitwise is getting a step closer with new ETF
9+ mon, 4+ day ago (545+ words) The Bitwise 10 Crypto Index ETF (BITW) holds the following 10 digital assets: Bitcoin, ether, XRP, Solana...This move follows the Securities and Exchange Commission's approval of a rash of spot bitcoin ETFs in...The ETF launches amid a series of recent…...