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Bitcoin the ‘main beneficiary’ as crypto funds notch 10-week streak

Nearly $1.8 billion flowed into crypto investment products over the last 10 weeks, which hasn’t been seen since Bitcoin futures were launched in October 2021. Source: https://cointelegraph.com/rss Bitcoin the ‘main beneficiary’ as crypto funds notch 10-week streak

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Core Scientific explains its latest bankruptcy plan ahead of court date

If approved, this third version of the plan will go into effect on Jan. 5, 2024, and see the company add 372 MW in capacity by 2027. Source: https://cointelegraph.com/rss Core Scientific explains its latest bankruptcy plan ahead of court date

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IRS team reports rise in crypto tax investigations

According to the fiscal year 2023 report, the IRS unit investigated failures to disclose crypto holdings and report on capital gains for transactions. Source: https://cointelegraph.com/rss IRS team reports rise in crypto tax investigations

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Bitcoin is of ‘national strategic importance’ says US Space Force officer

U.S. Space Force Major Jason Lowery wants the U.S. military to prioritize the investigation of proof-of-work systems like Bitcoin for the country’s defense. Source: https://cointelegraph.com/rss Bitcoin is of ‘national strategic importance’ says US Space Force officer

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Bitcoin tops $40K for first time in 19 months, Matrixport tips $125K in 2024

Bitcoin has hit a 19-month high, and Matrixport predicts it will keep climbing well into next year. Source: https://cointelegraph.com/rss Bitcoin tops K for first time in 19 months, Matrixport tips 5K in 2024