BTC drops below 78,000 USDT

Brazil Unveils Plan to Accumulate 1M BTC Over Five Years

Legislators in Brazil have reintroduced a bill for a national strategic Bitcoin receive that would allow the country to accumulate nearly $20 billion of BTC in five years. The bill was first introduced in November 2024 and has now passed five committees to be tabled before the lower

BofA Survey: USD short positions drop to lowest since 2012, Bitcoin and USD currently exhibit an unusual positive correlation

A survey by Bank of America shows that investors' bearish positions on the US dollar have fallen to their lowest since 2012, while Bitcoin and the US dollar index have shown an unusual positive correlation. If this trend continues, a decline in the dollar may be unfavorable for Bitcoin; conversely, a rebound in the dollar could drive Bitcoin higher, increasing market volatility.

Mr. Wonderful: Something Bigger Beneath Bitcoin's 50% Crash - U.Today

Kevin O'Leary discusses the collapse of altcoins, highlighting the shift towards Bitcoin and Ethereum as institutions abandon less promising assets. He also warns of quantum computing as a potential threat to crypto security, causing hesitation among investors. O'Leary emphasizes the need for clarity in regulations to encourage further institutional investment.

CryptoQuant: Bull-Bear Index hits a new low since the FTX collapse but still hasn't reached the "extreme bear market" zone

Odaily Planet Daily reports that CryptoQuant's Bitcoin Bull-Bear Index recently reached its lowest point since the FTX collapse in 2022. This indicator measures market momentum by the difference between the Bitcoin market profit and loss index and its 365-day moving average. Historical data shows that similar extreme bear market levels often indicate a bottom formation.

New Dutch Tax Law to Hit Bitcoin and Ethereum Holders With 36% Levy on 'Paper Gains'

Dutch lawmakers have approved legislation introducing a 36% tax on actual investment returns starting in 2028. The law applies to both realized and unrealized gains, including cryptocurrencies such as bitcoin and