Bhutan’s $1.3B Bitcoin Trove Stirs as 213 BTC Hits Binance Wallet

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Onchain data reveals that the Royal Government of Bhutan and Druk Holdings just shifted roughly 213.5 BTC to a Binance deposit address—marking their first bitcoin move since late June. Bitcoin-Rich Bhutan Transfers Millions—Third-Largest Nation Holder on the Move After Thursday morning’s transaction, the Royal Government of Bhutan now holds 11,711 BTC, valued at $1.32 billion. […]

IRS and US Treasury Officially Repeal Controversial Crypto Broker Tax Rule

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The U.S. Treasury Department and IRS have officially tossed out a controversial rule that would’ve forced non-custodial crypto service providers to report customer transactions—bringing an end to a lengthy regulatory standoff. Controversial Crypto Reporting Requirement Officially Nullified Finalized in December 2024, the rule sought to widen broker reporting under Section 6045 of the tax code […]

Bitcoin Breakout Leaves Short Sellers in Tatters

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The cryptocurrency’s price hit a new all-time high and climbed past $113K on Thursday afternoon, leaving bearish short sellers bleeding to the tune of $302M. Bitcoin Soars Past $113K, New Level Unlocked Just a day after California-based chipmaker Nvidia (Nasdaq: NVDA) became the first company to reach a $4 trillion market capitalization on Wednesday, bitcoin […]

Crypto Execs Sound off as Bitcoin Rockets to New All-Time Highs

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On Thursday at 1:15 p.m., bitcoin ( BTC) is cruising at $113,430 per coin, following a climb into the $113,541 mark. As bitcoin flirts with fresh highs, industry analysts and crypto execs are sounding upbeat, hinting that the bull run may just be warming up. $113K Bitcoin: Experts and Execs See More Room to Run […]

Bridging Bitcoin and DeFi: The tBTC and Sui Collaboration

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Now live on Sui, tBTC enables users to trade, lend, and engage in advanced DeFi strategies within a secure and scalable environment, boasting transaction finality as fast as 400 milliseconds. Jameel Khalfan, Head of Ecosystem Development at the SUI Foundation, and MacLane Wilkison, co-founder and CEO of Threshold Labs, delve into the exciting collaboration between […]