No capital tax on US crypto, Bitcoin reserve asset, nation state adoption – the biggest Trump rumors
Industry insiders speculate on a shift to create a Strategic Bitcoin Reserve, fostering US state-level crypto initiatives and potential federal backing.
Happy Thursday!
In today’s CryptoSlate daily newsletter, we highlight key developments in the cryptocurrency sector, starting with rumors of a Strategic Bitcoin Reserve that could pave the way for no capital tax on crypto in the U.S., potentially boosting state-level initiatives and attracting federal support. In another exciting update, BlackRock's iShares Bitcoin Trust (IBIT) has skyrocketed to $40 billion in assets in just 211 days, ranking it among the top 1% of all ETFs launched over the last decade. Additionally, Robinhood is back in the spotlight as it reintroduces support for SOL, ADA, XRP, and PEPE, marking a significant return for these tokens after a year-long regulatory pause. Don’t miss our in-depth analysis of these compelling stories!
The global crypto market cap is $2.92 trillion, with a 24-hour volume of $274.18 billion. The price of Bitcoin is $88,037.10, and BTC market dominance is 59.7%. The price of Ethereum is $3,088.36, and ETH market dominance is 12.8%. The Crypto Fear & Greed Index is currently Greed (88).
📰 Top News
No capital tax on US crypto, Bitcoin reserve asset, nation state adoption – the biggest Trump rumors
Industry insiders speculate on a shift to create a Strategic Bitcoin Reserve, fostering US state-level crypto initiatives and potential federal backing.
BlackRock’s Bitcoin ETF climbs to top 1% in record-breaking 211 days
BlackRock IBIT's $40 billion assets surpasses all 2,800 ETFs launched over the past decade.
Robinhood adds support for SOL, ADA, XRP, and PEPE for US investors
SOL and ADA are back on Robinhood's offerings after more than a year since they were delisted over regulatory concerns.
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