Financial Insights That Matter The man behind a fraudulent post last year about bitcoin exchange traded funds (ETFs), from the official X account of the Securities and Exchange Commission (SEC), pleaded guilty this week to an identity theft scheme that enabled him to access the SEC’s X account. Eric Council, Jr., who lives in Athens, […]
Financial Insights That Matter An Athens man pleaded guilty today in connection with his role in a conspiracy last year to hack into the X account of the U.S. Securities and Exchange Commission and publish fraudulent posts in the name of the then-SEC Chairman. Eric Council, 25, entered a guilty plea to one count of […]
Financial Insights That Matter Google is no longer showing the price of Bitcoin when you search for it in Google Search. Google’s VP, Engineering for Search, Rajan Patel, said this is “Not intended” and he will investigate the issue. If you search for [bitcoin usd] or variations of this search, you won’t get the price […]
Financial Insights That Matter February began on the wrong foot, even though itâs historically a highly positive month for bitcoin. This time, though, the cryptocurrency plunged last Sunday and Monday by $15,000 within days. Although the asset has failed to recover most of the losses since the end of January, the overall bullish sentiment remains […]
Financial Insights That Matter Polandâs National Bank (NBP) dismisses Bitcoin as a reserve asset, prioritizing security and stability with gold, U.S. dollars, and euros. NBP President Adam GlapiĆski confirmed Polandâs reserves reached $225.4 billion in January 2025, a 22.1% increase year-over-year. Polandâs stance reflects the European Central Bankâs (ECB) rejection of Bitcoin due to its […]
Financial Insights That Matter Czech Republic President Petr Pavel. Photo: AFP Key Takeaways The Czech Republic will exempt Bitcoin from capital gains tax if held for more than three years. The new legislation aligns Czech crypto regulations with the EU’s MiCA framework starting mid-2025. Share this article The Czech Republic will exempt Bitcoin and other […]
Financial Insights That Matter It may well be that the US is indeed contemplating adding crypto to its monetary strategy. In a press conference Wednesday, the countryâs newly appointed AI and Crypto Czar, David Sacks, said his team is looking into the feasibility of having a Strategic Bitcoin Reserve. As a result, everything about the […]
Financial Insights That Matter Texas is poised to be at the forefront of cryptocurrency adoptions through its ambitious legislative proposal. Lieutenant Governor Dan Patrick has an ambitious plan to set up a Bitcoin reserve for the state as part of his legislative priorities in 2025. This is a new shift at the state level in […]
Financial Insights That Matter Bitcoinâs price surge helped Tesla mask deeper struggles, adding $600M to its earnings. But behind the numbers, falling demand, price cuts, and squeezed margins tell a different story. Bitcoin, the saviour Teslaâs latest earnings report on Jan. 29 was widely expected to disappoint. Auto sales had slowed, revenue came in below […]
Financial Insights That Matter Recent data from Glassnode shows that new buyers, who have held their assets for 24 hours to three months, now own 50% of the marketâs value. This figure tells an important story about the current state of the crypto market, especially as Bitcoin fluctuates around $100,000. The top cryptocurrency experienced big […]