Articles for tag: Bitcoin, Bitcoin ETFs, Cryptocurrency, Digital Assets, Investment Strategy, PlanB, self-custody

Market News

Texas Bitcoin Reserve Bill Eliminates $500 Million Purchase Cap, Paving the Way for Expansive Cryptocurrency Investments in the State

Texas Senator Charles Schwertner has introduced a new Bitcoin reserve bill, SB 21, which removes the previous annual purchasing limit of $500 million. This allows Texas to make much larger investments in Bitcoin and other cryptocurrencies that meet certain Market value criteria. The bill shifts from simply holding Bitcoin as an asset to actively trading ...

Market News

Texas Bitcoin Reserve Bill Eliminates $500 Million Purchase Cap, Paving the Way for Expansive Cryptocurrency Investments in the State

Texas Senator Charles Schwertner has introduced a new Bitcoin reserve bill called “SB 21,” eliminating the previous $500 million annual purchase limit and allowing the state to invest more in Bitcoin and other cryptocurrencies with a Market cap above $500 billion. This updated legislation moves beyond just holding Bitcoin as a strategic asset; it enables ...

Market News

Bitcoin Bulls Target Corporate America’s Trillions: Strategies for the Long Game in the Cryptocurrency Market

Michael Saylor, chairman of MicroStrategy, spoke at the Bitcoin 2024 conference, highlighting the growing interest in cryptocurrencies among corporations. Following a press conference led by White House crypto czar David Sacks discussing future crypto policies, it was revealed that 79 public companies currently hold Bitcoin, including major players like Riot Platforms and Coinbase. Notably, GameStop ...

Market News

New IRS Guidance on Cryptocurrency: Complicated Reporting and Temporary Safe Harbor Explained

Cryptocurrency is gaining popularity in the U.S. as both an investment and a transaction method, prompting the IRS to impose complex reporting requirements. Recent updates from the IRS, specifically Revenue Procedure 2024-28 and Notice 2025-7, have clarified the reporting obligations for cryptocurrency owners. Cryptocurrencies are considered property, meaning that capital gains, income from sales, and ...

Market News

IRS Cryptocurrency Reporting: New Guidance Complicates Rules but Offers Temporary Safe Harbor for Taxpayers

Cryptocurrency has become increasingly popular in the U.S. as an investment and transaction method. As its use grows, the IRS has introduced complex reporting requirements for taxpayers. Recent guidelines, such as Revenue Procedure 2024-28 and Notice 2025-7, clarify the responsibilities for cryptocurrency owners, detailing how these digital assets are taxed and reported. Cryptocurrencies are treated ...

Market News

Cryptocurrency: The Top Investment Choice for 2025 – Discover Why Now is the Best Time to Invest

In 2025, investing in cryptocurrency is looking more promising than ever. Unlike earlier years, where investing felt like a gamble, now several factors suggest cryptocurrencies are here to stay. Major financial institutions are embracing crypto, making it a legitimate part of investment portfolios. Additionally, clearer regulations help ensure safer trading practices. With advanced technology and ...

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