Crypto News

- Bitcoin’s Dual Use Case Since US and Israeli airstrikes began on Feb. 28, Bitcoin has climbed about 12%, outpacing both traditional safe havens and risk assets. Over the same period, the S&P 500 has edged down roughly 1% while gold has fallen around 10%, according to market data cited by Bitwise Chief Investment Officer Matt Hougan. The stark divergence has challenged the long-held view that Bitcoin behaves primarily as a high-risk asset that should decline during geopolitical shocks. Hougan argued that Bitcoin’s recent strength is not incidental. In a post on X, he said investors are effectively making “two bets” when buying Bitcoin — one that it will mature into a digital store of value competing with gold, and another that it...

- Low Crypto Tax Report Rates A study examining Internal Revenue Service (IRS) data found that only about 6.5% of taxpayers reported crypto sales between 2013 and 2021. The findings come despite surveys suggesting that 12% to 21% of US adults owned digital assets during that period. The research, authored by academics including Texas Christian University’s Tyler Menzer, analyzed anonymized IRS filings. Menzer noted that crypto owners were more likely to own "meme stocks than other investors" and likely had "lower income." Distinct Trading Patterns The study also highlighted differences in trading behavior. Crypto investors were more likely to engage in frequent transactions and appeared less sensitive to tax implications when...

- Billionaire Tim Draper doubles down on bold Bitcoin target Billionaire venture capitalist Tim Draper has never shied away from advocating Bitcoin (BTC), no matter what Wall Street thinks. Draper was among the earlier investors in Elon Musk's Tesla in 2006, long before the EV car maker experimented with Bitcoin payments and built a digital asset treasury (DAT) dedicated to BTC. In fact, the investor was among the first billionaires to buy Bitcoin as he spent $19 million to buy 30,000 BTC being auctioned by the U.S. Marshals Service that it had seized from Silk Road in 2014. He has also invested in top crypto companies like Coinbase and Robinhood Markets. Draper's deep involvement with crypto Draper is a strong believer in...

- Bitcoin Halving 2028 Is Now 50% Complete The countdown to Bitcoin's next halving has reached its midpoint. Approximately 105,000 blocks remain before block rewards are cut in half again. The Bitcoin network is now halfway through the current halving cycle that began in April 2024. When the network reaches block 1,050,000, estimated for April 2028, the block reward will drop from 3.125 BTC to 1.5625 BTC per block. What the Bitcoin Halving Milestone Means for Supply Each halving reduces the rate at which new Bitcoin enters circulation. Currently, miners produce approximately 450 BTC per day. After the 2028 halving, daily issuance will drop to roughly 225 BTC. The halving mechanism is hardcoded into Bitcoin's protocol and occurs...

- Goldman Sachs to offer low-risk, low-reward Bitcoin ETF Goldman Sachs, one of the world’s largest investment banks, filed to launch a Bitcoin exchange-traded fund on Tuesday. Unlike most other issuers of Bitcoin ETFs, however, Goldman Sachs’ Bitcoin Premium Income ETF will not invest in Bitcoin itself. Instead, the company will invest in preexisting spot Bitcoin ETFs, options on spot Bitcoin ETFs, and options on indices that track spot Bitcoin ETFs. To generate income, Goldman Sachs will sell call options on Bitcoin ETFs. That means the fund can outperform spot Bitcoin investment when the cryptocurrency is falling, flat, or “modestly rising,” according to Goldman Sachs’ filing. But it can underperform when Bitcoin rises quickly...

- Bitcoin's potential surge to $1 million is being discussed following Iran's demand for Bitcoin in exchange for passage through the Strait of Hormuz, according to Bitwise chief investment officer Matt Hougan. Iran's announcement marks a significant step in legitimizing Bitcoin for international commerce. The Overton Window The London Crypto Club highlighted the significance of this event, suggesting it may shift the Overton Window, a concept denoting the range of ideas seen as acceptable. Historically, Russia’s exclusion from the financial system had prompted a reassessment of reliance on sovereign assets, similar to the current situation with Iran. Two Bets in One Matt Hougan argues that buying Bitcoin now involves betting on two...

- Ethereum DeFi Exchange CoW Swap Pauses Protocol Following Website Compromise CoW Swap, an Ethereum-based decentralized exchange aggregator, warned users on Tuesday to avoid using the protocol, disclosing that its front-end interface had been compromised. “We are now actively working to resolve the situation,” the project frequently used by Ethereum co-founder Vitalik Buterin said in a post to X. “The CoW Protocol backend and APIs were not impacted, but we have paused them temporarily as a precaution.” CoW Swap indicated that attackers had gained control of the website domain that users typically visit before engaging with the protocol. That gave bad actors the opportunity to direct users to a different website where funds could be...

- Fed Chair Nominee Kevin Warsh Owns Crypto Kevin Warsh, President Trump's nominee to be the next chair of the U.S. Federal Reserve, owns cryptocurrencies. Financial disclosures that Warsh made with the U.S. Office of Government Ethics ahead of his upcoming confirmation hearing on Capitol Hill show he has crypto-specific holdings. Warsh holds equity positions in more than a dozen blockchain and digital asset companies spanning DeFi lending, decentralized derivatives, Layer 1 and Layer 2 networks, prediction markets, and Bitcoin (CRYPTO: $BTC) payments. The crypto holdings disclosed by Warsh are significant because, as Fed Chair, he will oversee stablecoin regulation, bank crypto custody policies, and any future central bank digital...

- Goldman Sachs To Launch Bitcoin Income ETF Wall Street investment bank Goldman Sachs (NYSE: $GS) has filed to launch a Bitcoin (CRYPTO: $BTC) exchange-traded fund (ETF), its first direct foray into crypto investing. If approved by regulators, Goldman Sachs’ Bitcoin Premium Income ETF will give investors exposure to Bitcoin while also generating income through a premium-based strategy. The actively managed ETF would sell options tied to Bitcoin-linked exchange-traded products (ETPs), allowing the fund to collect premiums in exchange for capping upside in strong rallies. Investors who choose the new Goldman Sachs fund would trade full price participation for steady income, reflecting a shift that’s underway on Wall Street. Firms...

- Goldman Sachs files for its first bitcoin ETF product April 14 (Reuters) - Goldman Sachs' asset management division plans to launch its first cryptocurrency exchange-traded fund in the coming months, according to a Tuesday filing with the U.S. Securities and Exchange Commission. The bank unveiled its ETF, designed to offer exposure to bitcoin's price as well as to generate income from bitcoin options transactions, only days after rival Morgan Stanley launched its own spot bitcoin fund, the Morgan Stanley Bitcoin Trust ETF. The banks are launching products in a difficult environment for cryptocurrency investments. Cryptocurrency has fallen in recent months amid weakening risk sentiment driven in part by volatility in precious...

- Here's Why You Shouldn't Put More Than 5% of Your Portfolio in Any One Crypto Many financial advisors will tell you that cryptocurrencies don't belong in the average investor's portfolio because they're too volatile. Even those advisors who are more bullish on cryptocurrencies will usually tell you to allocate less than 5% of your portfolio to those tokens. Why shouldn't you invest more than 5% in cryptocurrencies? Bitcoin (CRYPTO: BTC), the world's most valuable cryptocurrency, rallied 17,280% over the past decade, while the S&P 500 rose just 234%. But to achieve that gain, Bitcoin's investors would have needed to "hold on for dear life" (HODL) through some stomach-churning drops -- including 70%-80% peak-to-trough declines...

- Billionaire Tim Draper Predicts Bitcoin Will Reach This Price in 18 Months Venture capitalist Tim Draper recounted his Bitcoin (BTC) history, renewing his call for a $250,000 price target. The billionaire said his BTC journey began with a failed attempt to buy at $4 per coin. He had arranged for Peter Vessenes to mine Bitcoin using Butterfly Labs chips. However, the manufacturer allegedly used the chips for its own mining before shipping them. A Series of Losses Led to a Defining Bet By the time Vessenes received the equipment, BTC had already climbed above $30. The mined coins were stored on Mt. Gox, the dominant exchange at the time. When Mt. Gox collapsed in 2014, Draper lost his entire position. The loss prompted deeper...

- Goldman Sachs files with SEC to launch Bitcoin fund The Goldman Sachs Group, Inc. (NYSE: GS) filed with the U.S. Securities and Exchange Commission (SEC) on Apr. 14 to launch a Bitcoin Premium Income exchange-traded fund (ETF). The 157-year-old American multinational investment bank aims to provide investors indirect Bitcoin exposure while generating income through a premium strategy through the proposed ETF. Goldman Sachs proposes Bitcoin ETF Under normal circumstances, the fund will invest at least 80% of its net assets, plus any borrowings, in Bitcoin-exposed investments, including spot BTC exchange-traded products (ETPs), options on spot Bitcoin ETPs, and options on Bitcoin ETP Indices. Filed under the Investment Company Act...

- Why Some Experts Say Bitcoin Is Starting to 'Show Signs' of a Recovery Key Takeaways Bitcoin has some shine on it again. The price of the world's largest cryptocurrency was recently above $75,000, raising hopes that coin markets are recovering from the October rout—which pulled bitcoin from six-digit highs to around $60,000 in February—in earnest. Crypto-linked stocks are also rising, with Robinhood (HOOD) and Coinbase (COIN) among the day's standout gainers. WHY IT MATTERS TO YOU Crypto has been stuck in a rut since bitcoin reached an all-time high in October, but the latest surge in buying activity is raising investor hopes that coin markets are finding their groove once more. The latest turn in crypto markets has coincided...

- The Smartest Way to Build a Diversified Cryptocurrency Portfolio Cryptocurrencies are notoriously volatile investments, but you can reduce that volatility by spreading your cash across multiple tokens. Instead of doing that by yourself, it's smarter to invest in a diversified exchange-traded fund (ETF) like the Bitwise 10 Crypto Index Fund ETF (NYSEMKT: BITW). What does the Bitwise 10 Crypto ETF actually own? BITW tracks the market's ten largest cryptocurrencies by market cap, and rebalances those holdings monthly to reflect their fluctuating values. It's monitored daily and uses built-in screens to remove assets that face "certain technical, custody, liquidity, and regulatory risks". The fund has $723 million in assets under...

- Why Bitcoin Is Increasingly Being Treated Like Digital Gold Bitcoin (CRYPTO: BTC) was designed to replace physical gold in some respects. Here's the pitch for the "digital gold" idea in plain English: It's hard to make more Bitcoin. That's it. That's the whole store-of-value argument. Everything else is commentary. The 21 million coin limit isn't a suggestion The underlying white paper by Satoshi Nakamoto spelled it out in plain English: "The steady addition of a constant amount of new coins is analogous to gold miners expending resources to add gold to circulation. In our case, it is CPU time and electricity that is expended." Therefore, the significant (and constantly rising) cost of producing new Bitcoin should make it a...

- Deutsche Börse Invests $200 Million in Crypto Exchange Kraken Deutsche Börse Group has acquired a 1.5% stake in Kraken for $200 million, marking one of the largest investments by a traditional exchange operator into a crypto platform. The German exchange giant announced the strategic investment in Payward, Inc., the parent company behind crypto exchange Kraken. The transaction involves purchasing existing shares on the secondary market. Partnership Bridges Traditional Finance and Crypto The investment deepens a strategic partnership that both companies announced in December 2025. Deutsche Börse and Kraken agreed to combine their capabilities to bridge traditional financial markets and the digital asset ecosystem. The partnership...

- Is Now Actually a Good Time to Buy Cryptocurrency? It's been a year to forget for cryptocurrency investors. Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH), the world's two most valuable cryptocurrencies, have declined 15% and 21%, respectively, since the beginning of the year. The smaller altcoins fared even worse. But could that broad pullback actually represent a good buying opportunity for long-term investors? Cryptocurrencies generally rally as declining interest rates drive investors toward riskier investments. But after reducing its benchmark rates six times in 2024 and 2025, the Fed has merely kept its rates unchanged this year. The intensifying Middle East conflict, inflation, and other macro headwinds also sparked fresh...

- Most people who hold Bitcoin (CRYPTO: BTC) or Ethereum (CRYPTO: ETH) are doing one of two things with it. They're either holding and waiting for the price to go up, or trading it for other cryptos—and ByBit just added a third option. The crypto exchange, which serves over 80 million users and ranks among the top three globally by trading volume, launched 44 new stock CFDs on its TradFi platform. The lineup includes Apple, Amazon, BlackRock's IBIT Bitcoin ETF, Manchester United, and sector ETFs covering energy, lithium, and uranium. ByBit lets users hold BTC and ETH on the platform and use both as collateral to back their stock positions, so users don't have to sell their crypto to start trading equities. If this model catches on...

- What's the Scoop? Frankfurt Stock Exchange operator Deutsche Börse Group today announced its intention to make a $200M strategic investment into crypto exchange Kraken. This article has been published in Decrypt via Yahoo News. https://finance.yahoo.com/markets/crypto/articles/frankfurt-stock-exchange-operator-announces-163813042.html