Month: October 2024

Bitcoin Nears ATH As Daily OTC Desk Inflows Slip To 2024 Lows, Data Shows

As Bitcoin (BTC) continues to tease a new all-time high (ATH), daily over-the-counter (OTC) desk inflows have plummeted to yearly lows.  Bitcoin’s “Uptober” Narrative Remains Intact Bitcoin has overturned the sluggish start to its historically most bullish month, recording more than 13% gains in October and coming within reach...
Read More

Harris Vs Trump: Crypto Industry Anticipates ‘Favorable Regulatory Environment’ For Bitcoin And Other Digital Assets After Elections

As the U.S. presidential election approaches, the cryptocurrency industry is hopeful for a more supportive regulatory environment from Washington, regardless of who wins the White House. Industry leaders are preparing for potential shifts in policy that could benefit the sector. What Happened: The U.S. cryptocurrency sector is optimistic about...
Read More

Trump Expands Bitcoin Support With No Tax Promise For Digital Transactions

With just six days remaining until the US presidential election, former President Donald Trump has intensified his support for Bitcoin (BTC) and the broader crypto industry.  In a recent statement aimed at taxpayers, Trump proposed significant changes that could reshape the landscape for digital asset transactions in the United...
Read More

Michael Saylor Says Bitcoin Remedy To Fix Unhealthy Balance Sheets As MicroStrategy Unveils Massive $42B BTC Purchase Plan

In a bold but unsurprising move, MicroStrategy Inc. (NASDAQ:MSTR) CEO Michael Saylor said the company would advocate for Bitcoin (CRYPTO: BTC) as a treasury reserve asset across global finance. What Happened: During the company’s third-quarter earnings call Tuesday, Saylor voiced his conviction in Bitcoin’s potential to rectify the unhealthy balance sheets of both public and...
Read More