Treasury – Ƀitsell X

Understanding Bitcoin Treasury Strategies: Insights From Public Bitcoin Miners Like MARA

October 16, 2024

The following guest post comes from Bitcoinminingstock.io, the one-stop hub for all things bitcoin mining stocks, educational tools, and industry insights. Originally published on Sept. 11, 2024, it was penned by Bitcoinminingstock.io author Cindy Feng. In the editorial, readers discover how MARA Holdings, the largest Bitcoin mining company by market cap, strategically accumulates BTC, outperforming…
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Robert Kiyosaki Predicts ‘Everything Crash’: Bitcoin May Drop to $5,000 Amid Market Collapse

October 13, 2024

Rich Dad Poor Dad author Robert Kiyosaki predicts a catastrophic stock market crash and the collapse of “The Everything Bubble,” warning that gold, silver, and bitcoin will nosedive, triggering a global depression. He urges investors to brace for financial turmoil, saying only the prepared will emerge wealthier from the ruins. “Take bitcoin for example… it…
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Jim Rickards: Gold Might Avoid Crypto Substituting the US Dollar

October 8, 2024

Renowned economist Jim Rickards explained that buying gold to back the dollar would restore confidence in the currency, avoiding a long-term decline. He stated that the currency should not be taken for granted, as new forms of money like crypto will step in as old money fails. Jim Rickards: Treasury Should Buy Gold to Avoid…
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Standard Chartered Sees Buying Opportunity as Bitcoin Nears $60K Dip

October 5, 2024

Standard Chartered has cautioned that bitcoin could drop below $60,000 due to rising geopolitical tensions in the Middle East. While the bank sees this as a buying opportunity, it also highlights the unique relationship between BTC’s price and the U.S. presidential race. Former President Donald Trump’s improving odds could enhance bitcoin’s long-term outlook, but a…
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Russia-Based Evil Corp Faces New US Sanctions

October 4, 2024

The U.S. Treasury has sanctioned members of Russia’s Evil Corp in collaboration with the UK and Australia, continuing a crackdown on cybercriminals. Targeting seven individuals, the group is infamous for deploying Dridex malware and Bitpaymer ransomware. This move highlights international efforts to combat cyber threats. US Expands Sanctions on Evil Corp Amid Global Ransomware Crackdown…
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Ripple Boosts Cross-Border Transactions in Brazil With New Payment Solution

October 4, 2024

Ripple is expanding its digital payments service in Brazil, partnering with Mercado Bitcoin to offer faster, cheaper cross-border transactions. This move positions Ripple Payments as a key player in the region’s crypto landscape, helping businesses move funds 24/7. With plans to streamline treasury operations between Brazil and Portugal, the service also aims to benefit corporate…
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Crypto Billionaire Flees London Over Offshore Tax Concerns

October 1, 2024

Christian Angermayer, a billionaire crypto investor, has reportedly moved from London to Switzerland as the UK considers tightening tax policies on offshore wealth. Angermayer’s relocation signals the potential departure of other wealthy individuals fearing future tax hikes on non-domiciled tax arrangements. Crypto Investor Angermayer Leaves London Over Tax Concerns Billionaire crypto investor Christian Angermayer has…
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Turkey Scraps Planned Crypto Tax, Targets Economic Reforms

September 27, 2024

Turkey has decided not to move forward with a new tax targeting stock market and cryptocurrency gains, according to Vice President Cevdet Yilmaz. While previously discussed, the plan has been dropped, with the government focusing instead on reducing tax exemptions. This shift follows concerns about the stock market and broader efforts to stabilize the economy…
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US Treasury Sanctions Cambodian Tycoon Over Crypto Fraud and Trafficking Links

September 13, 2024

The U.S. Department of the Treasury has imposed sanctions on Cambodian tycoon Ly Yong Phat and his businesses, linking them to human trafficking and forced labor scams involving cryptocurrency fraud. Victims were manipulated into online scam centers, and trafficked workers were forced into labor for these schemes. The sanctions freeze U.S.-based assets and prohibit transactions,…
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JPMorgan Strategist Predicts US Liquidity to Contract as Temporary Boosts Fade

August 28, 2024

JPMorgan strategist Nikolaos Panigirtzoglou has discussed recent changes in the U.S. M2 money supply, noting a temporary rebound following a decline in April. He expects U.S. liquidity to contract again, similar to 2022, influenced by the Fed’s ongoing quantitative tightening (QT) and slower bank loan growth. JPMorgan Strategist Foresees U.S. Liquidity Contraction Ahead Nikolaos Panigirtzoglou,…
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Category: Treasury