Japan’s parliament approved a bill reclassifying bitcoin and crypto as financial assets under FIEA, paving the way for spot Bitcoin ETFs and cutting the top tax rate from 55% to 20% by 2028.
Spot Bitcoin ETFs lose 7.7 billion dollars over seven straight weeks, the worst monthly outflow streak on record. Here is where the money is going and what comes next.
Bitcoin ETFs Bleed $7.7 Billion in Seven Weeks as Institutional Demand Craters Read More »
Billionaire investor Jeremy Grantham, the co-founder of Boston-based asset manager GMO and one of Wall Street’s most prominent bubble-watchers, has predicted that bitcoin will “dwindle away with a whimper” rather than collapse in a dramatic crash, warning that the cryptocurrency’s role as a store of value is being steadily eroded by competition, regulation, and the
Bitcoin has fallen back below the symbolic $60,000 mark, with the leading cryptocurrency touching a roughly 20-month low before staging a partial recovery. The move, reported by Bloomberg on June 24, has rattled a market that had been treating large corporate buyers as a stabilizing force and is now asking whether that floor is breaking
