Daily Crypto News & Musings

Latest News and Articles about Bitcoin

China Says Bitcoin Is Banned, Yet Courts Still Call It Protected Property

China Banned Bitcoin, But Prosecutors Still Say It Can Be Protected Property China keeps trying to shut Bitcoin out of its financial system, but its courts are still being forced to admit the obvious: if something has value and can be stolen, the law has to deal with it. China’s Supreme People’s Procuratorate published a […]

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Bitcoin Developers Push Quantum-Resistant Upgrades with BIP-360 and BIP-361

Bitcoin developers are no longer treating quantum computing like a theoretical boogeyman for some far-off decade. With BIP-360 and BIP-361, the network is now preparing for a future where today’s signature schemes may not be good enough. BIP-360 introduces Bitcoin’s first quantum-resistant address type. BIP-361 pushes vulnerable coins to migrate before a deadline, with old […]

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US Sanctions Iran’s Nobitex Exchange in Crypto Pressure Campaign

The U.S. has sanctioned Nobitex, Iran’s largest cryptocurrency exchange, as part of a broader pressure campaign aimed at cutting off financial infrastructure that helps Tehran move value outside the traditional banking system. Nobitex targeted: Iran’s biggest crypto exchange is now under U.S. sanctions. Infrastructure, not just wallets: Washington is going after the rails that move […]

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Bitcoin Reclaims $61.8K as Ethereum Leads Early Altcoin Rotation Amid Weak Volume

Bitcoin climbed back above $61,800 while Ethereum outpaced it, hinting that traders are rotating from the safest crypto bet into higher-upside names. The catch: trading volumes are fading, so this looks more like a cautious rebound than a confirmed breakout. Bitcoin price today: $61,823.79, up 1.62% Ethereum price today: $1,625.92, up 4.26% Altcoins: mostly green, […]

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GOP Senators Push Regulators to Ease Bitcoin Bank Capital Rules

Republican senators are pressing U.S. financial regulators to stop treating Bitcoin like a radioactive asset on bank balance sheets. Their message is simple: if Washington wants American banks to stay competitive, the capital rules around Bitcoin need a serious rethink. GOP senators want Bitcoin bank capital rules revised Current policy may punish regulated Bitcoin custody […]

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McGlone Warns Bitcoin Could Crash Below $10K as Liquidity Dries Up

Bloomberg strategist Mike McGlone is sticking with one of the bleakest Bitcoin price predictions on the market: BTC could still sink below $10,000 if macro conditions keep souring. That is an extreme call, but it’s not coming from nowhere. His warning centers on tighter liquidity, stubbornly high interest rates, and a risk-off backdrop that keeps […]

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Bitcoin and Ethereum Trigger $4.73B Crypto Short Squeeze as Leverage Gets Wrecked

Crypto liquidations just ripped through the market as Bitcoin and Ethereum bounced, forcing a massive short squeeze and wiping out roughly $4.73 billion in leveraged positions over 24 hours. Total liquidations: about $4.73 billion Shorts slightly led the damage: 51.9% of liquidations Binance topped the latest 4-hour window: about $45.45 million BTC and ETH led […]

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47.26 BTC Awakens After 15 Years, Reviving New York’s Bitcoin Ownership Fight

A long-dormant Bitcoin address has suddenly moved 47.26 BTC after sitting untouched since 2011, dragging a messy New York ownership fight back into the spotlight and proving, once again, that silence is not the same thing as surrender. 47.26 BTC moved after 15 years of dormancy The address, 18sLgPeB9wQVrE8JoWqtKtnucbsx3Lw1m7, is listed as Defendant Address #37923 […]

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Alberta Public Fund Takes $160M Bitcoin Bet via Strategy Shares

Alberta’s public money has taken an indirect ride into Bitcoin territory, and the route goes through Strategy shares. Alberta Investment Management Corp. (AIMCo) now holds roughly $160 million worth of the company’s stock, making this the first Bitcoin-linked bet by a Canadian province. $160 million exposure through Strategy shares First Bitcoin-linked provincial bet in Canada […]

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Buffett’s Tide Warning Hits Crypto: Bull Markets Hide Bad Trading Skills

Warren Buffett’s old warning keeps proving useful because markets never stop handing out the same lesson: “Only when the tide goes out do you discover who’s been swimming naked.” In crypto, that means bull runs can make weak traders look brilliant right up until volatility exposes the ugly truth, as seen in Buffett’s warning resurfacing […]

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Congress Eyes 7 Crypto Tax Bills Ahead of June 9 Hearing on Bitcoin Rules

Congress is finally putting digital asset tax rules under the microscope, with the House Ways and Means Committee circulating seven bills ahead of its June 9 hearing. For Bitcoin users and the wider crypto crowd, that’s either a long-overdue reality check or the first step toward another glorious round of Washington overcomplication. The committee’s push […]

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Bitcoin Falls Below $60K, Erasing Post-Election Trump Rally Gains

Bitcoin has erased every last gain from its post-election rally, slipping below $60,000 and giving traders a fresh reminder that BTC does not care about political wishcasting. Bitcoin price drops below $60,000 and wipes out gains since Trump’s reelection Political hype vs. market reality — policy matters, but price still follows liquidity and leverage Bitcoin […]

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Greece Proposes 15% Crypto Capital Gains Tax With €500 Exemption

Greece is moving to tax cryptocurrency profits with a proposed 15% flat capital gains tax, a sign that digital assets are being pulled into the country’s formal tax system rather than left in the regulatory weeds. 15% flat tax on crypto capital gains €500 exemption for small gains Individual miners excluded Corporate mining operations taxed […]

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Fed Inflation Debate Boosts Bitcoin’s Fixed-Supply Case as Trimmed Mean PCE Gains Attention

Washington’s inflation fight is no longer just about when the Federal Reserve cuts rates. It’s about what the Fed chooses to call inflation in the first place, and that debate is dragging Bitcoin’s fixed-supply pitch back into the spotlight. Fed focus shifts from timing cuts to defining inflation Trimmed mean PCE can smooth noise, but […]

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Bitcoin Crashes Below $60K as Oversold Signals Clash With Panic Selling

Bitcoin price crash panic is back in full force after BTC briefly slipped below $60,000, triggering a fresh wave of “crypto is dead” sentiment just as some technical indicators start screaming oversold. BTC fell 18% in a week Crypto sentiment hit its most bearish level since mid-February RSI extremes and the 200-week moving average are […]

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