News list for "sai"
On January 26, Satoshi ActionFund co-founder Dennis Porter wrote in X that the complete elimination of capital gains taxes on cryptocurrencies requires congressional approval and is unlikely to be achieved in the short term. Dennis Porter believes that the main obstacle is the significant loss of tax revenue, which makes it difficult for such a proposal to be included in the upcoming tax bill.
On January 26, Bitcoin mining company Bitdeer said that as of January 24, 2025, its bitcoin holdings stood at 695 (excluding customer deposits), an increase of 28 from last week.
Eurozone banks need a digital euro in response to U.S. President Donald Trump's efforts to promote a stablecoin, a cryptocurrency usually pegged to the U.S. dollar, European Central Bank board member Piero Cipollone said on Friday. That would help lure more customers away from banks and strengthen the case for the ECB to launch its own digital currency.
Markus Thielen, head of research at 10x Research, said that after the Securities Exchange Commission (SEC) approves SAB 121, Ethereum will usher in a "potential tactical breakout". "Ethereum may break out of its current triangle shape and cautiously stop losses near the recent low of $3,186," Thielen said.
On January 24th, the CEO of cryptocurrency exchange Phemex said in a post that it is expected to resume the withdrawal function of USDT and USDC in 6 hours. The platform said that ensuring the security of the hot wallet architecture remains a top priority. Meanwhile, other services such as MemeX will also resume during the same period. Earlier news, Phemex stolen assets or more than 29 million dollars.
The Bank of Japan voted 8-1 to raise interest rates for the third time, saying real interest rates remain negative and will continue to rise as needed. Click to view...
"Using our energy reserves will make America the world capital of AI and cryptocurrency," Mr. Trump said.
Ted Peake, Morgan Stanley's chief executive, said on Thursday that the bank would work with US regulators to see whether it could engage deeply in the cryptocurrency market. "The key for us is whether we, as a highly regulated Financial Institutions Group, can act as traders," Mr. Peake told CNBC at the World Economic Forum in Davos, Switzerland. "We will work with the Treasury and other regulators to see how we can provide this service in a safe way."
Larry Fink, BlackRock's chief executive, said: "If everyone takes a 2 per cent or 5 per cent allocation, the price of bitcoin could reach $700,000."
"Nothing is going to stop more tradable tokens," said the founder of Greenlight Capital, a prominent hedge fund. "No one knows what will happen next, but it will feel crazy." It is reported that Greenlight Capital is a well-known hedge fund firm founded by David Einhorn in 1996, known for its value investment strategy. The fund has gained wide attention for successfully predicting and shorting landmark investment decisions such as Lehman Brothers before the 2008 financial crisis. It is one of th...
Chainalysis said in a post on X that TRUMP and MELANIA are mostly held by 40 cryptocurrency whales, and these giants hold either generation of coins worth $10 million or more, accounting for 94% of the total token share. Holders of any token worth 1 million to $10 million account for only 2.1% of total holders, while wallets holding 100,000 to $1 million account for 1.7%. About 2.2% of TRUMP and MELANIA holders hold less than $100,000.
Citing Chainalysis data, Blockworks Yano said that 50% of TRUMP/MELANIA holders had never bought Solana eco-counterfeit products before. In addition, 47% of holders created a new wallet on the day of purchase, and 83.4% of their holdings were worth less than $1,000.
Nate Geraci, president of The ETF Store, said on the social platform that there are currently two ETF products listed in the top ten cryptoassets by market capitalization, and three are submitting applications, speculating that Cardano may be the next cryptocurrency to apply for an ETF.
Rene Haas, chief executive of Arm Holdings, said the Stargate project would bring a lot of support to the company. Ampere may participate in the Stargate project.
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