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Will Bitcoin Beat Every Asset Class? Bitwise Says Institutions Are Taking Notice

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Bitcoin’s role in institutional portfolios is continuing to evolve, with new research from Bitwise Asset Management suggesting the asset could become the strongest-performing major investment class in the years ahead. According to a preview of the firm’s forthcoming Long-Term Capital Market Assumptions (LTCMAs), Bitwise expects Bitcoin to deliver an average compound annual growth rate (CAGR) […]
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Crypto Funds See $3.75B Weekly Surge – Ethereum Claims 77% of It

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Global crypto asset investment products saw a significant rebound in investor interest last week, with inflows totaling $3.75 billion, according to CoinShares’ latest fund flows report. The figure marks the fourth-largest weekly inflow on record, highlighting renewed activity following several weeks of muted sentiment across the sector. James Butterfill, head of research at CoinShares, noted […]
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Crypto Goes Tropical: Thailand Welcomes Tourist Spending In Bitcoin And More

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Thailand is moving ahead with a plan to let foreign tourists spend cryptocurrency during their visits. The new scheme, called TouristDigiPay, will launch on August 18 and allow visitors to convert crypto into Thai baht for electronic payments. Related Reading: Bitcoin Miner Tied To Trump Spends $314 Million On Chinese Computer Chips The announcement comes […]
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New York’s 0.2% Crypto Tax Push Sparks Fears of a Market Sell-Off

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New York may soon add another chapter to its already strict crypto regulation playbook. Assembly Bill 8966, introduced by Democratic Assembly member Phil Steck, proposes a 0.2% excise tax on all crypto and NFT transactions, including Bitcoin, Ethereum, and stablecoins. If approved, the crypto tax would take effect on September 1, applying to both individuals […]
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SpaceX Bitcoin Stake Tops $1 Billion; BTC Slides After Treasury Comment

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SpaceX’s remaining Bitcoin holding climbed above $1 billion when Bitcoin hit fresh highs, but the rally cooled after a statement from the US Treasury. Related Reading: Altcoin Interest Hits New Highs Amid Bitcoin Weakening: Google Trends According to Arkham Intelligence data reported by multiple outlets, the aerospace firm holds 8,285 BTC, worth about $1 billion […]
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Bitcoin Tops US Crypto Payments, Stablecoins Rule Asia: Report

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A new report from CoinGate has revealed how Bitcoin and other cryptocurrencies compare in payments usage across the world. USDT Most Used Crypto On CoinGate Overall, Bitcoin Second Cryptocurrency payments processor CoinGate has shared new data breaking down digital asset payments preferences around the world. First, below is a table showing how the composition of […]