Adoption
MacroStrategy secures a $205M loan to purchase more BTC
Apart from buying BTC, MicroStrategy seeks to use the money to pay the fees, interest, and expenses related to the loan.
Jinia Shawdagor 2 min read
BTC
Bitcoin news today
The latest Bitcoin news today — live BTC price updates, mining developments, halving cycles, ETF flows, and institutional adoption headlines. CryptoSlate’s editorial team covers Bitcoin around the clock, from on-chain data and technical analysis to regulation and macro context, with breaking stories added throughout the day.
Bitcoin Price $77,479.25
Coverage footprint 31.5%
News sentiment 43 /100
Top Bitcoin Stories
Taxes
U.S. Treasury wants to include crypto in foreign accounts reporting rules
The Treasury's new proposal suggests that offshore crypto accounts with more than $50,000 should be reported to the IRS.
Taxes
President Biden eyes $5 billion revenue from crypto in 2023
US Treasury Department is specifically targeting the crypto industry because it can be used to evade taxes.
Latest Bitcoin News & Analysis
Analysis
Bitcoin acts as an inflation hedge, rises by 35% since start of the Russian-Ukraine war
Crypto analysts have opined that the current price performance of Bitcoin makes it hard for anyone to be bearish.
Exchanges
Former Mt. Gox CEO to launch crypto ratings agency and commemorative NFTs
Mark Karpeles wants to help other crypto exchanges to avoid the now-defunct platform's fate.
Trading
Bitcoin flirting with $48,000 as hodlers kept buying throughout Q1
A bullrun the past week has sent bitcoin to just under the highest levels this year. Analysis shows long-term hodlers have increased their positions by 17% since late November. These addresses accumulated BTC throughout Q1 of 2022.
Adoption
Retail giant El Corte Inglés and Deloitte in cahoots to launch crypto exchange
The third largest department store in the world, Spanish company El Corte Inglés, has entered partnership with “big four” accounting firm Deloitte to launch a crypto exchange for its 11 million registered customers.
Regulation
IMF’s conflicting views on sanctions, dollar reserves, and the dangers of Bitcoin
The IMF's managing directors want a strong dollar and sanctions, but fear the potential use of Bitcoin in the global financial system.
Regulation
The tables are turning in Russia as energy minister calls for the legalization of crypto mining
Russia could soon pull cryptocurrency mining out of the legal vacuum it currently exists in.
