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RFK Jr. Pledges Support for Bitcoin-Backed Dollar and Tax Exemption for BTC


US Democratic presidential candidate Robert F. Kennedy Jr. has said he is in favor of a tax exemption on Bitcoin (BTC), while also unveiling a plan to partly back the US dollar with “real, finite assets” like Bitcoin. “Like Singapore, Germany, Switzerland, Puerto Rico and Portugal, a Kennedy...

Blackrock Bitcoin ETF Filing Announcement Propelled BTC in Q2 — Study


According to the latest Coingecko report, during the second quarter (Q2) of 2023, the U.S. dollar value of BTC grew by nearly 7% while that of the entire crypto market capitalization only went up by 0.14%. In contrast, BTC’s average daily trading volume during the period fell by 58.7% from...

Ark Invest Now More Confident in Bitcoin Reaching $1.5 Million, CEO Says


The CEO of investment management firm Ark Invest, Cathie Wood, has explained why her firm’s confidence in bitcoin’s price reaching $1.5 million has increased. Citing the crypto’s performance during the regional bank crisis earlier this year, she stressed, “That was...

Binance Integrates Lightning Network Deposits and Withdrawals


Binance, the largest cryptocurrency exchange by volume traded, has announced it has completed the integration of the Lightning Network, a BTC scaling layer, on its platform. Now users can execute bitcoin deposits and withdrawals using the network, taking advantage of lower fees. Binance Completes...

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