|
|
1. Over 80% of parents who hold cryptocurrency have already purchased or plan to invest in cryptocurrency for their children's future.
According to a study released by CouponBirds in March, 45.2% of American parents who own cryptocurrency have bought some cryptocurrency for their children, and 40.6% of parents plan to specifically purchase cryptocurrency for their children in the future. The research indicates that parents generally believe in the long-term investment potential of cryptocurrency and want to educate their children about this asset class.
2. Tether has surpassed 110 billion US dollars in market capitalization.
Data from Coingecko shows that the market capitalization of the US dollar stablecoin Tether (USDT) has exceeded 110 billion US dollars, reaching a new all-time high of 110,071,844,862 US dollars.
3. A wallet has been averaging 100 Bitcoin purchases per day since November 2022, currently holding 62,052 bitcoins.
According to Watcher.Guru on the X platform, a wallet has been averaging 100 Bitcoin purchases per day since November 2022, and it currently holds 62,052 BTC, worth over 4 billion US dollars.
4. Wealth management companies will increase their holdings of Bitcoin ETFs.
Bitwise CEO Hunter Horsley predicts that wealth management companies will increase their holdings of Bitcoin exchange-traded funds (ETFs), a prediction made in anticipation of greater momentum for Bitcoin ETFs after the halving. He describes adoption of Bitcoin ETFs by registered investment advisors (RIAs) and multi-family offices as "quiet but meaningful." He notes that major financial entities are carefully evaluating the Bitcoin market.
5. The US Internal Revenue Service (IRS) has released a draft digital asset tax form.
The IRS has released a draft tax form for reporting digital asset transactions, applicable for tax filings in 2025. The form, known as 1099-DA, is used to report digital asset proceeds from broker transactions. According to instructions on the recipient form, brokers, including non-custodial wallet providers, must report proceeds from digital asset dispositions to the IRS. A cryptocurrency tax expert emphasizes that the IRS collecting certain data points (such as wallet addresses) "may raise significant privacy and security issues."
6. The worsening outlook for US debt is more reflected in gold and Bitcoin.
Market observers state that while the US Treasury market has thus far remained relatively optimistic about the country's fiscal trajectory, recent spikes in gold and Bitcoin prices partly stem from concerns about the rapid increase in US government debt. The uncontrolled growth of US government debt is garnering increasing attention, as interest payments also occupy a larger share of the government budget. This deteriorating trajectory boosts demand for Bitcoin and gold, which are typically used to hedge against inflation and the depreciation of the dollar.
7. Mike Tyson becomes an ambassador for the blockchain-based social network app Ready to Fight.
Boxing champion Mike Tyson has become an ambassador for the blockchain-based social networking app Ready to Fight. Tyson describes Ready to Fight as a boxing-centered social network that helps boxers and the boxing community meet their business needs.
8. A Swiss family office acquires the digital asset quantification platform Vtrading.
The digital asset AI quantification service platform Vtrading announced that it has been fully acquired by a Swiss family office. Founded in December 2017, Vtrading has achieved services such as intelligent quantitative custody on the app side, smart copy trading, independent rebate systems, large client private customized deployment, and KOL viewpoint subscription. Users can achieve AI automatic trading with API authorization. |
|
Post time 30-4-2024 20:59:09