Bitcoin - Crypto News And Market Updates

Bitcoin on-chain illustration representing short-term holders selling at a loss amid market pressure.

Italy Considers Raising Bitcoin Capital Gains Tax to 42%

October 16, 2024 Gonzalo

Italy plans to increase the Bitcoin capital gains tax from 26% to 42% and eliminate the 750 million euro threshold for the Digital Services Tax.

Illustration exploring theories about the identity of Bitcoin creator Satoshi Nakamoto.

HBO Joins the Hunt for Bitcoin’s Mysterious Creator Satoshi Nakamoto

October 5, 2024 Gonzalo

HBO’s new documentary claims to unveil the true identity of Bitcoin’s creator, Satoshi Nakamoto. Past efforts have failed—will this one succeed?

Bitcoin ETFs Hit $1 Billion Weekly Inflows, Analysts Predict FOMO-Driven Rally

September 28, 2024 Gonzalo

Bitcoin ETFs hit $1 billion weekly inflows, marking a new high. Analysts predict a FOMO-driven rally could push Bitcoin to record levels in Q4.

Illustration depicting American Bitcoin mining industry amid political discourse and U.S. policy narratives.

Bitcoin RSI Signals Potential $85K Price Target by Year-End

September 22, 2024 Gonzalo

Bitcoin’s weekly RSI hints at an $85K price target by year-end, while analysts warn $61K is a key level to hold for further bullish momentum.

Portrait-style illustration symbolizing Michael Saylor’s philosophy and the 21 Rules of Bitcoin for long-term digital asset strategy.

MicroStrategy Increases Convertible Note Offering by 25% to Acquire More Bitcoin

September 18, 2024 Gonzalo

MicroStrategy raised its convertible note offering by 25% to $875m, with plans to redeem debt and acquire more Bitcoin for its expanding crypto portfolio.

Michael Saylor Predicts Bitcoin Will Reach $13 Million in 21 Years

September 9, 2024 Gonzalo

Michael Saylor predicts Bitcoin will reach $13 million in 21 years, capturing 13% of global capital as adoption and institutional demand grow.

Illustration showing traditional banks and crypto networks merging into a unified digital asset ecosystem

Anchorage Announces Custody Support for Bitcoin L2 Stacks

September 4, 2024 Gonzalo

Anchorage Digital partners with Stacks, a Bitcoin L2 solution, to offer custody services for STX, marking its entry into Bitcoin’s expanding Layer-2 ecosystem.

Whale Buys 2,000 Bitcoin in 4 Days, Now Holds $490 Million in BTC

September 3, 2024 Gonzalo

A crypto whale purchased 2,000 BTC in 4 days, raising their holdings to 8,559 BTC worth $490M. The buy comes amid significant market volatility.

Bitcoin holders selling at a loss illustration, representing capitulation and realized losses during market downturns.

Bitcoin Mining Revenue Hits All-Year Low

September 2, 2024 Gonzalo

Bitcoin mining revenue dropped to $827.56 million in August, marking the year’s lowest point and highlighting the challenges faced post-halving.

Bitcoin Price ‘Near a Bottom’ as Hash Price Lows Echo Pre-2021 Bull Run Patterns

August 31, 2024 Gonzalo

Bitcoin’s hash price lows may signal a bottom, echoing patterns before the 2021 bull run. Miners start accumulating, suggesting price stabilization.