There hasn’t been this many Bitcoin investors since 2017; Will BTC’s price follow?

BTC $11,755 (+4.6%) • ETH $404 (+3.8%) • XRP $0.30 (+1.2%)

The past year has been a period of immense growth for Bitcoin from a fundamental perspective, with it now being arguably more strong than ever before.

Multiple metrics highlight this strength, including BTC’s hash rate hovering around an all-time high, transaction volume trending upwards, and the growing number of new wallet addresses.

The growth in the number of new addresses comes as the number of “unique entities” interacting with the network also reaches the highest levels it has been since late-2017.

This means that there is an abundance of new users within the crypto ecosystem who are all interacting with Bitcoin and its network.

Read the full story here ➡️


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U.S. Congress appeals for zero tax on crypto staking rewards

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A group of Congress members in the US have sent a letter to the Internal Revenue Service (IRS) asking for zero tax on staking rewards, a Coin Center letter revealed Tuesday.  However, a tax must be levied when such rewards are sold, instead of acquired, said the Congressmen.

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Ethereum is one step closer to 2.0 mainnet launch as ETH value proposition grows

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Barstool’s Dave Portnoy is finally diving into Bitcoin after branding it a “scam”

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Disclaimer: None of the content in this newsletter is meant to be financial advice. Please do your own due diligence before taking any action related to content within this article.