Bitcoin News (BTC)

MicroStrategy’s Bitcoin Accounting Set to Change as FASB Updates 2025 Rules

FASB will implement new Bitcoin accounting rules starting January 1, 2025, allowing companies to report BTC at current market value. MicroStrategy awaits NASDAQ 100 index...

Early Bitcoin Investor Gets Prison Time for $1M Tax Fraud on Crypto Gains

Early Bitcoin investor Frank Richard Ahlgren III faces two-year prison sentence for underreporting $3.7 million in cryptocurrency gains. Total tax loss calculated by Department of...

MicroStrategy’s Bitcoin Buying Spree Draws Scrutiny as Stock Soars 530% YTD

MicroStrategy's market capitalization reaches $94 billion as shares surge 530% year-to-date. Company holds 423,650 BTC, funded through stock dilution and leveraged purchases. Critics question the sustainability...

Texas Lawmakers Consider Bitcoin Reserve Bill as State Eyes Crypto Innovation

Texas legislature introduces bill H.B. No. 1598 to establish a state Bitcoin strategic reserve. The proposed reserve must hold Bitcoin for a minimum of five...

Australian Regulator Sparks Fury After Comparing Bitcoin to Prison Cigarettes

Australian Securities and Investments Commission official compares Bitcoin to prison cigarettes during regulatory discussion. ASIC's proposed Non-Cash Payment Facility legislation could require software wallets to...

Vancouver Votes to Study Bitcoin Integration Despite Provincial Roadblocks

Vancouver City Council approved a motion to study Bitcoin integration into municipal finances. The initiative faces regulatory barriers as British Columbia does not recognize cryptocurrency...

Bitcoin Lightning Network Bug Puts Wealthy Node Operators at Risk of Theft

Bitcoin developer Antoine Riard identified two new Lightning Network vulnerabilities affecting nodes with large BTC holdings. The attack requires approximately $130,000 to execute and targets...

Bitcoin Breaches $100K as Wall Street FOMO Kicks In Amid Rate Cut Hopes

Bitcoin surpasses $100,000 mark amid favorable U.S. inflation data and potential Federal Reserve rate cuts. Ray Dalio predicts a debt crisis and recommends Gold and...

Latest news

Coinbase’s ‘Everything Exchange’ Coming to Canada

Coinbase Canada CEO Eric Richmond confirmed the company is building its "Everything Exchange" for Canadian users, merging crypto, stocks,...

Tesla Earnings Preview: Capex, Margins, Robotaxi in Focus

Gene Munster expects Tesla to guide 2026 capital spending above $25 billion, with 2027 spending exceeding Street estimates.The Cybercab...

Worldcoin’s 100 Wallets Hold 90% of Supply: Grayscale Filing

Grayscale’s SEC filing for a Worldcoin ETF reveals that 100 wallets hold roughly 90% of all circulating WLD tokens.The...