Bitcoin News Today TheBitTimes.com

Ripple’s XRP token had a few rough years from 2020 to early 2025. XRP’s lackluster performance was primarily due to the SEC lawsuit against Ripple for allegedly selling unregistered securities. The lawsuit was finally completely put to rest in 2025. Let’s discuss why XRP could be the gem in your portfolio this year. XRP Could Be The Crypto Gem of 2025 Source: Coin Edition With the lawsuit out of the way, XRP’s path seems pretty clear. The asset hit the $3 mark in January of this year after a gap of seven years. Moreover, XRP hit a new all-time high of $3.65 in July of this year, after more than seven years of slumping. There are also several spot XRP ETFs awaiting approval at the SEC. There is a very high chance that the SEC will approve at least one XRP ETF sometime this year. Paul Atkins, the new pro-crypto SEC head, has stated that he aims to make the US a global crypto hub. Spot ETFs may be one of the ways to advance the crypto industry in the US. Also Read: ...

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

Binance founder Changpeng Zhao (CZ) recently spoke at the Bitcoin Conference in Hong Kong. During his talk, CZ said that he believes Bitcoin (BTC) will become the global reserve currency, thereby replacing the US dollar (USD). CZ also spoke about Bitcoin’s role as the “gold” of the crypto ecosystem. However, the crypto billionaire highlighted BTC’s technical limitations. The network can only handle seven transactions per second at the moment. CZ has an extremely bullish outlook on Bitcoin (BTC). In an interview with Rug Radio, he said Bitcoin (BTC) could go between $500,000 and $1 million in this cycle. This forecast comes without BTC’s need to replace the US dollar. How Likely Is Bitcoin To Replace The US Dollar (USD)? Source: Canva CZ is not the only one who thinks that the US dollar’s position as the global reserve currency is under threat. BlackRock CEO Larry Fink also believes that the US dollar’s dominance will not last forever. Fink cites...

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

Bitcoin was never just an asset for the world. BTC has evolved into something bigger and has now become a central part of the current financial world. The world is swiftly moving towards the adoption of digital assets, with institutional attention pivoting towards Bitcoin at a rapid pace. 2025 is the year when ignoring assets like Bitcoin could end up jeopardizing an opportunity that can deliver massive gains to individuals and companies alike. Here’s how much Bitcoin leading companies like Tesla, SpaceX, and Figma own at present. Also Read: Bitcoin, Ethereum Hit All-Time Highs in August: Will Sept Be Kind? Bitcoin Is Emerging As “The” Popular Asset Among Leading Companies Source: Forkast Bitcoin is now one of the most important and central digital assets that the world is inching towards. BTC has been gaining steady institutional interest, with companies now holding onto the token aggressively. Per a recent X post by River, companies such as Tesla, SpaceX, and Figma have revealed...

Although they’d hate to admit it, even Michael Saylor’s biggest fans would agree that Jim Chanos’ bearish Strategy (MSTR) trade this year has been exceptionally profitable. Chanos sold shares short and fully hedged that short-sale with a long bitcoin (BTC) position. In other words, rather than betting against MSTR’s overvaluation on an absolute basis, he merely prepared for its premium relative to its BTC holdings to collapse. It has. On May 14 at the 2025 New York Sohn Investment Conference, Chanos explained that he’d been building his short position in Strategy (formerly MicroStrategy) since its 2.5x mNAV in November 2024. On numerous podcasts and interviews over the past few months, he’s reiterated that his overall cost basis is above 2x mNAV . That’s a terrific cost basis for someone betting a low-single digit percentage of his fund on the price of MSTR declining. As of today, MSTR’s basic mNAV has declined to 1.42x, and its new...

Yesterday, Tyler Winklevoss wanted to brag about how the Gemini app he co-founded was highly ranked in the Apple App Store. However, his boast immediately went viral for another, far funnier reason. The wassies, a crypto community that enjoys commenting on humorous or important social events on social media, immediately recommended Tyler’s screenshot to their leader, Smolting (@inversebrah). Although the billionaire co-founder of Gemini had intended to highlight his app’s numerical rank on the App Store’s leaderboard and outperformance of traditional finance apps, he actually revealed that the Gemini app was uninstalled from the device itself. HOLY SHID pic.twitter.com/OOp4mmSoo1 — smolting (wassie, verse) (@inversebrah) August 25, 2025 Read more: What is @inversebrah? A ‘Download’ button next to an app, rather than an ‘Open’ or ‘Get’ button, indicates that an App Store user had previously installed the app yet subsequent...

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

According to CoinGecko’s ETH data, Ethereum climbed to a new all-time high of $4,946.05 on Aug. 24. ETH has had quite a bullish ride over the last few months. However, ETH’s price fell victim to the ongoing bearish market environment. The second-largest cryptocurrency has faced a steep correction of 6.4% since hitting a new peak. Source: CoinGecko Will Ethereum Continue Rallying After Hitting a New All-Time High? Ethereum’s rise to an all-time high comes nearly four years after its previous peak. Bitcoin (BTC), on the other hand, has hit multiple all-time highs over the last year. ETH’s ascent to a new peak could be due to consistent ETF inflows over the last few months. ETh began an upward movement after its Pectra upgrade in May. The update, coupled with high ETF inflows, may have led to the asset climbing to a new all-time high. According to CoinCodex’s ETH Analysis , Ethereum will continue to rally over the coming months. The platform anticipates the as...

Japan’s Financial Services Agency (FSA) will push for taxes on crypto to be slashed as it moves to make the industry more competitive. Under a proposal by the regulator that was reported by Nikkei, taxes on crypto would move into a separate bracket with a flat 20% rate. I ncome from crypto is now treated as “miscellaneous income” and there is a progressive tax rate of up to 55%, excluding local taxes. The change would align crypto with the way listed stocks are taxed. A review is scheduled for the end of the month and industry groups are also pushing for a three-year loss carry-forward that would help reduce volatility in annual tax treatment. Japan To Make It Easier To Launch Crypto ETFs The change would ease one of the heaviest burdens on Japan’s crypto firms and reduce pressure on them to shift activity to crypto-friendlier overseas markets. The FSA has also submitted a proposal that would make it easier for firms to launch domestic crypto ETFs (exchange-...

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...