crypto
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The U.S. Securities and Exchange Commission (SEC) has issued a Wells notice to OpenSea, one of the largest NFT marketplaces, signaling its intent to pursue legal action. The SEC alleges that non-fungible tokens (NFTs) traded on the platform qualify as securities, marking a significant shift in the regulatory landscape. OpenSea CEO Devin Finzer confirmed the…
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MicroStrategy has ascended into the top 100 U.S. publicly traded companies by market capitalization, now valued at approximately $96 billion. This milestone reflects a 528% surge in its stock price this year, primarily driven by its strategic acquisition of Bitcoin. The company currently holds 331,200 BTC, valued at around $30 billion, underscoring the significant impact…
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Italy’s government has decided to reduce the proposed capital gains tax on cryptocurrency transactions from 42% to 28%, following significant feedback from industry stakeholders and political figures. The initial proposal, introduced in October 2024, aimed to increase the tax rate from the existing 26% to 42%, sparking widespread concern among investors and businesses within the…
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Gold prices have risen by 24% year-to-date, reaching a one-week high of $2,621.95 per ounce on November 19, 2024. This increase is attributed to a softer U.S. dollar and market anticipation of Federal Reserve interest rate decisions. Analysts at Goldman Sachs project that gold could reach $3,000 per ounce by the end of 2025, driven…
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Bart Mol, a Bitcoin Podcaster and innovator, has introduced a custom-built “Home Assistant dashboard” designed to streamline the monitoring of BitAxe mining operations. Unveiled on X.com, Mol shared the development, stating that his motivation stemmed from the challenge of tracking multiple BitAxes efficiently. Key Features of the Dashboard The dashboard showcases advanced metrics, such as…
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Coinbase has projected that the cryptocurrency sector could encompass 20% of the global GDP in the near future, drawing parallels to the rise of e-commerce in past decades. This expectation was expressed in a report highlighting the potential for crypto adoption to mirror the growth experienced by online commerce. CEO Brian Armstrong previously emphasized that…
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The history of U.S. median home prices tells a story of economic resilience and volatility. Beginning with steady growth in the mid-20th century, prices have responded to inflation, economic cycles, and shifts in supply and demand, leading to unprecedented levels in 2024. Examining these trends offers insight into the forces that continue to shape the…
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The median price of new homes in the United States, when measured in Bitcoin, has experienced a significant decline over the past decade. In 2012, purchasing a median-priced new home required approximately 50,616 BTC. By 2024, this figure had dropped to just 5 BTC. This trend reflects Bitcoin’s substantial appreciation against the U.S. dollar, outpacing…
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Detroit has announced plans to accept cryptocurrency payments for taxes and city fees starting in mid-2025, positioning itself as the largest U.S. city to embrace digital currencies for municipal transactions. The city will collaborate with PayPal to facilitate these payments. PayPal will handle the acceptance of cryptocurrencies such as Bitcoin and Ethereum, converting them into…
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Ethiopian Electric Power (EEP) announced that it generated over $25 million in revenue during the 2023/2024 fiscal year from electricity supplied to companies involved in data mining. This substantial income is part of EEP’s strategy to increase foreign currency earnings by billing domestic customers in U.S. dollars rather than Ethiopian Birr. Minilik Getahun, Manager of…
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Cash App tops iOS App Store’s finance category, surpassing PayPal and Coinbase.
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BitcoinVersus.Tech Editor’s Note: We volunteer daily to ensure the credibility of the information on this platform is Verifiably True.If you would like to support to help further secure the integrity of our research initiatives, please donate here Screven County, Georgia, has made history by becoming the first U.S. county to utilize the Bitcoin blockchain to…
