The post Senator Lummis Pushes Crypto Tax Crackdown in GOP Bill appeared first on Coinpedia Fintech News Senator Cynthia Lummis (R-Wyo.) is making a strong move to reshape how the U.S. taxes crypto by pushing to include key digital asset provisions in the Senate Republicans’ 2025 tax-and-spending bill. A longtime Bitcoin supporter, Lummis is working with Senate Finance Chair Mike Crapo (R-Idaho) to fold in parts of her bipartisan crypto regulation bill , co-authored with Sen. Kirsten Gillibrand (D-N.Y.). Her proposals aim to close tax loopholes and support the crypto industry – though not everyone is on the same page. Crypto Wash-Sale Rule Could Raise Billions One of Lummis’s main proposals is to apply the wash-sale rule to crypto. This would stop investors from selling their digital assets at a loss and quickly buying them back to reduce their tax bills – a common tactic that isn’t currently restricted for crypto. Lummis told Semafor, “This bill is the right place to fix crypto taxation,” but skeptics, including Gillibrand, call it “premature,” citing risks of rushed policy. Bitcoin Miners May Catch a Break Another part of Lummis’s plan would exempt Bitcoin miners from reporting capital gains and losses. This would ease the reporting burden on miners, who often face confusing tax requirements despite playing a major role in the crypto ecosystem. This proposal reflects Lummis’s ongoing support for the industry, but it’s expected to face resistance in a divided Senate. Trump Weighs In on GOP Tax Bill On Wednesday, members of the Senate Finance Committee, including Sen. Bill Cassidy (R-La.), met with President Donald Trump at the White House to discuss the bill. According to Cassidy, Trump is focused on including “working account benefits,” adding more complexity to ongoing negotiations. A Defining Moment for U.S. Crypto Policy With the 2025 tax cuts set to expire soon, Lummis’s proposals could help set the direction for how digital assets are taxed and regulated going forward. If adopted, they could provide clarity to the crypto market while also boosting federal revenue. But with mixed support – even among allies – the road ahead for these reforms remains uncertain.
CKPool developers have confirmed the successful solo mining of Bitcoin Block 899,826, securing a reward of 3.151 BTC, valued at around $330,000. This achievement was facilitated by temporarily augmenting the
The post Circle’s $1.1B IPO Shines as Ripple CEO Dismisses Acquisition Claims appeared first on Coinpedia Fintech News Circle just went public today, kicking off with strong demand. It surprised the market by pricing its IPO at $31 per share, well above the expected $27 to $28 range. It sold about 34 million shares, valuing the company at $1.1 billion. Bloomberg reports that the IPO raised a total of $6.9 billion. Second Big Crypto Listing Goes Live The stablecoin issuer was set to go live today on the NYSE under the ticker “CRCL.” Circle has also given its underwriters a 30-day option to buy an extra 5.1 million shares. This IPO is the second big crypto listing under the Trump administration, after eToro’s debut last month. This move gives Circle more access to funding and stronger regulatory oversight that will help improve investor confidence amidst recent volatility in crypto markets. Ripple Shuns Circle Acquisition Rumors This comes shortly after the rumors of a potential acquisition by Ripple were put to rest. Ripple CEO Brad Garlinghouse shared during a Las Vegas Bitcoin conference that Ripple had never pursued an acquisition of Circle, while some reports had suggested that Circle had denied a $5 billion offer from Ripple. Coinbase was also on the list to acquire Circle. Nevertheless, Circle’s IPO shows rising institutional interest in stablecoins and the broader crypto market. U.S. lawmakers are also pushing for clearer rules for stablecoins, which marks a major shift in how these digital assets will be viewed in the country. Lately, Wall Street giants have also shown interest in exploring their own stablecoin plans. Why Institutions Could Choose Circle- Circle is one of the first big crypto companies. The USDC, issued by Circle, is the second most popular stablecoin, holding 27% of the market, while Tether’s USDT leads at 67%. Circle’s IPO is also one of the biggest since Coinbase’s 2021 Debut. This is a big step for crypto moving into traditional finance. Circle’s USDC coin is likely to be favored by institutions due to the company’s strict regulatory focus. It was the first to get a New York State BitLicense in 2015, which gives it an advantage as banks and fintech firms look to enter the stablecoin space.
Hong Kong is set to launch virtual asset derivatives trading exclusively for professional investors, marking a significant step in its digital finance ambitions. The Securities and Futures Commission (SFC) aims
The post Hong Kong Set to Legalize Bitcoin and Crypto Derivatives Trading appeared first on Coinpedia Fintech News Hong Kong’s financial regulators are moving to legalize trading in Bitcoin and crypto derivatives. This step aims to boost the city’s position as a major crypto hub and attract more investors. By creating clear rules and allowing these new financial products, Hong Kong hopes to provide safer, more transparent markets. The move reflects growing global acceptance of cryptocurrencies and could open the door for more innovation in the region’s financial sector.
In a market often driven by speculation, sentiment, and surprise surges, XRP has long stood as a polarizing asset, either heralded as the future of institutional finance or dismissed as a relic of regulatory entanglement. But according to influential crypto commentator BarriC, the real moment of mass hysteria, true Fear of Missing Out (FOMO), won’t arrive until XRP crosses the astonishing $1,000 mark. BarriC’s Bold Price Forecast Taking to X, BarriC made a compelling case that while XRP has seen its fair share of market cycles, the public has yet to experience what he calls “massive FOMO.” In his words, “When $XRP hits $1,000 , that’s when we see massive FOMO from the masses, desperate to own 1 XRP.” The post, which quickly gained traction, taps into a growing narrative that XRP’s long-term value lies not just in its utility or legal clarity but in its scarcity and psychological appeal. While $1,000 may sound like a fantastical number to many retail investors accustomed to XRP’s historically modest price range, BarriC’s perspective is rooted in a broader understanding of how retail behavior tends to trail institutional adoption. His comment suggests that the bulk of the public has yet to grasp XRP’s full potential and that true market frenzy will only ignite once the price reaches levels most now consider unthinkable. When $XRP hits $1,000 That’s when we see massive FOMO from the masses, desperate to own 1 x #XRP — BarriC (@B_arri_C) June 4, 2025 Institutional Momentum and Utility-Driven Value BarriC’s projection comes amid a wave of growing institutional attention on Ripple, the company closely associated with XRP. Ripple’s cross-border payments network, which continues to expand globally, leverages XRP for on-demand liquidity, a model that has begun to appeal to central banks and large-scale financial institutions looking to modernize outdated payment rails. Ripple has also taken firm steps toward integrating its ecosystem into broader financial frameworks. The launch of RLUSD, its U.S. dollar-backed stablecoin, is aimed at enhancing XRP Ledger (XRPL) liquidity and promoting enterprise-grade tokenization, setting the stage for further adoption. These developments add a layer of long-term utility to XRP, strengthening the argument for a significantly higher valuation. Moreover, the advent of tokenized assets and Central Bank Digital Currencies (CBDCs) places XRP at the center of conversations about the future of finance. With its speed, scalability, and low transaction costs, XRP is uniquely positioned to serve as the bridge asset in a rapidly evolving global financial ecosystem. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 A Psychological Threshold: The Power of Round Numbers BarriC’s $1,000 target also reflects an important psychological principle in financial markets: the power of round numbers. In the same way, Bitcoin’s rise above $10,000 and $50,000 triggered new waves of interest; XRP crossing a milestone like $1,000 could dramatically shift public perception. Scarcity-driven narratives, especially the idea that owning just one XRP becomes a big deal, have historically sparked major retail interest in other assets. The comparison is not without precedent. Assets like Bitcoin and Ethereum also went through extended periods of underestimation before the masses caught on. By the time BTC crossed $20,000 in late 2020, most of the institutional accumulation had already occurred. Retail investors, driven by headlines and viral posts, often buy the top of the wave. BarriC believes XRP could follow a similar trajectory, with the masses only scrambling to accumulate when supply dries up and price enters four-digit territory. The FOMO Threshold: Speculation or Strategic Forecast? BarriC’s forecast, while bold, aligns with a growing belief that a massive price appreciation for XRP could be triggered not by speculation alone but by fundamentals converging with market psychology. Utility, legal clarity, and scarcity narratives could become catalysts, and in a space as sentiment-driven as crypto, such a tipping point could result in a self-fulfilling surge. As history has shown with other digital assets, today’s improbable can become tomorrow’s inevitable. And if BarriC is right, the XRP FOMO that many expected years ago has yet to begin, it’s merely waiting for the right number to be printed on the charts. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Pundit Says the Real XRP FOMO Will Start At This Price appeared first on Times Tabloid .
Crypto policy developments may result in a Bitcoin cycle top of over $150,000, according to the head of US at Foresight Ventures.
The post Bitcoin Price Prediction 2025, 2026 – 2030: How High Will BTC Price Go? appeared first on Coinpedia Fintech News Story Highlights Bitcoin is currently trading at $99,781.91, recovering from trade deal pressures. Predictions suggest BTC could reach $175K in 2025. Long-term forecasts estimate BTC prices could hit $900K by 2030. The Bitcoin price prediction for 2025 is turning increasingly bullish. This surge in optimism is driven by record-breaking inflows into spot Bitcoin ETFs, rising institutional interest, and strong political support, including Trump’s plan to create a Strategic Bitcoin Reserve. With companies like GameStop and Trump Media adding BTC to their balance sheets, and the Fed signaling potential rate cuts, investors are asking one critical question: Will Bitcoin go back up and lead the next financial revolution? What is the Bitcoin price prediction for today? The BTC price may range between $$104,232.70 and $105,579.56 today. Table of Contents Story Highlights Bitcoin Price Today CoinPedia’s Bitcoin (BTC) Price Prediction Bitcoin Price Prediction June 2025 Bitcoin Crypto Price Prediction 2026 – 2030 BTC Price Forecast 2026 BTC Price Prediction 2027 Bitcoin Predictions 2028 BTC Price 2029 Bitcoin Price Prediction 2030 Bitcoin Price Prediction 2031, 2032, 2033, 2040, 2050 Bitcoin Prediction: Analysts and Influencer’s BTC Price Target FAQs Bitcoin Price Today Cryptocurrency Bitcoin Token BTC Price $ 104,847.91643104 -0.46% Market cap $ 2,083,813,021,098.29 Circulating Supply 19,874,625.00 Trading Volume $ 41,385,611,615.59 All-time high $109,114.88 on 20th January 2025 All-time low $0.04865 on 15th July 2010 CoinPedia’s Bitcoin (BTC) Price Prediction Firstly, at CoinPedia, we feel optimistic about Bitcoin’s price increase. Hence, we expect the BTC price to create a 2025 high of ~$168,000. Year Potential Low Potential Average Potential High 2025 $71,827.81 $119,713.02 $167,598.22 Bitcoin Price Prediction June 2025 In May 2025, Bitcoin witnessed an unstoppable and steady ascent. This recovery was fueled by easing tensions from the trade tariff war, pushing BTC to a new all-time high of $112K. Now, in the early days of June, Bitcoin is attempting to hold this support level after pulling back from its all-time high. Yet, it continues to face resistance from the 20-day EMA band. If bearish pressure increases again, this support zone becomes crucial. A breakdown below it could lead to a further decline toward the $100K to $95K range in the short term. Additionally, market sentiment has shifted to neutral over the past 24 hours. As the price consolidates in June, the BTC long/short ratio is also hovering near 1.0, signaling a weak directional bias in the short term. However, if sentiment improves, Bitcoin would need to break past its newly formed all-time high to resume upward momentum. If this happens, BTC will enter price discovery mode, targeting a near-term level of $120,000, with the potential for even higher gains in the months ahead. On the contrary, on-chain data suggests caution in the short term, as the 30-day MVRV (Market Value to Realized Value) has fallen from a high of “+10.22%” to the current “-0.507%”. This move below the zero line indicates that, on average, recent BTC holders are now at a loss. Additionally, the Network Realized Profit/Loss (NPL) metric saw a large spike on Tuesday, indicating that holders are closing their positions and increasing selling pressure. Similarly, a spike in the Age Consumed index also reveals bearish signals, urging caution in the short term. Bitcoin Price Prediction 2025 A key factor driving the potential for higher Bitcoin prices is the relationship with global liquidity. Historical trends reveal that as global M2 increases, Bitcoin often experiences dramatic price surges. Now, with global liquidity beginning to rise again after a prolonged period of stagnation, the stage seems set for another major rally in Bitcoin’s value. This shift in liquidity could create the perfect environment for Bitcoin to soar once more. Also, cryptoquant data suggest that accumulation is on top with exchange reserve declining at more alarming rates. When writing 2.4 Milliion BTC were in total on the exchange reserves, which is a strong decline from a year ago when reserves were 3.1 Million BTC. Source: CryptoQuant Talking about Bitcoin Price Prediction, if things turn bullish, BTC is expected to create a high of $175K. If things go south, we can expect a low of $70K. Also Read: What is Bitcoin? An In-Depth Guide To The King Of Digital Currencies Bitcoin Crypto Price Prediction 2026 – 2030 Year Potential Low ($) Potential Average ($) Potential High ($) 2026 $100,559.00 $167,598.22 $234,637.51 2027 $140,782.60 $234,637.51 $328,492.51 2028 $197,095.64 $328,492.51 $459,889.52 2029 $275,933.89 $459,889.52 $643,845.33 2030 $386,307.45 $643,845.33 $901,383.47 BTC Price Forecast 2026 The BTC price range in 2026 is expected to be between $150K and $230K. BTC Price Prediction 2027 Subsequently, the Bitcoin price range can be between $170K to $330K during the year 2027. Bitcoin Predictions 2028 With the next Bitcoin halving, the price will see another bullish spark in 2028. Specifically, as per our Bitcoin Price Prediction, the potential BTC price range in 2028 is $200K to $450K. BTC Price 2029 Thereafter, the BTC price for the year 2029 could range between $275K and $640K. Bitcoin Price Prediction 2030 Finally, in 2030, the price of Bitcoin is predicted to maintain a positive trend. Indeed, the BTC price is expected to reach a new all-time high, ranging between $380K and $900K. Bitcoin Price Prediction 2031, 2032, 2033, 2040, 2050 Based on the historic market sentiments and trend analysis of the largest cryptocurrency by market capitalization, here are the possible Bitcoin price targets for the longer time frames. .highcharts-legend { display:none; } document.addEventListener("DOMContentLoaded", function () { setTimeout(function() { Highcharts.chart('custom-chart-684182711f3df', { chart: { type: 'areaspline' }, title: { text: 'Bitcoin (BTC) Price Prediction', style: { color: '#171717', fontSize: '20px', fontWeight: '500', } }, xAxis: { categories: ["2031","2032","2033","2040","2050"], title: { text: 'Year', style: { color: '#171717', fontSize: '16px', fontWeight: '500', display: 'block', align: 'middle' // Ensure it's aligned properly }, margin: 15 } }, yAxis: { title: { text: 'Average Price ($)', style: { color: '#171717', fontSize: '16px', fontWeight: '500', } }, labels: { formatter: function () { return this.value === 0 ? "0" : formatNumber(this.value); } } }, responsive: { rules: [{ condition: { maxWidth: 767 // Set breakpoint at 767px }, chartOptions: { title: { style: { fontSize: '13px', fontWeight: '500', lineHeight: '22px' // Corrected 'lineHight' to 'lineHeight' } }, xAxis: { title: { style: { fontSize: '12px', fontWeight: '500' } } }, yAxis: { title: { style: { fontSize: '12px', fontWeight: '500' } } } } }] }, tooltip: { shared: true, formatter: function () { var year = this.x; // Default index if (this.series.chart.xAxis[0].categories) { year = this.series.chart.xAxis[0].categories[this.point.index]; // Map to category label } return ` ${year} ${this.points.map(point => ` \u25CF ${point.series.name}: ${formatNumber(point.y)} ` ).join(' ')}`; } }, credits: { enabled: false }, plotOptions: { areaspline: { color: '#0052CC', fillColor: { linearGradient: { x1: 0, y1: 0, x2: 0, y2: 1 }, stops: [ [0, '#0f549999'], [1, '#0052CC0D'] ] }, marker: { lineWidth: 1, lineColor: null, fillColor: 'white' } } }, series: [{ name: 'Market Value', data: [549989,707864,910465,2892510,6623560] // Dynamic values }] }); }, 1000); function formatNumber(value) { if (value === 0) { return "0"; } if (value >= 1000000000) { return (value / 1000000000).toFixed(2).replace(/\.00$/, '') + 'B'; } else if (value >= 1000000) { return (value / 1000000).toFixed(2).replace(/\.00$/, '') + 'M'; } else if (value >= 1000) { return (value / 1000).toFixed(2).replace(/\.00$/, '') + 'K'; } else if (value >= 1) { return value.toFixed(2); } else if (value >= 0.1) { return value.toFixed(4); } else if (value >= 0.01) { return value.toFixed(5); } else if (value >= 0.001) { // 0.001 to 0.00999 (6 decimal places) return value.toFixed(6); } else if (value >= 0.0001) { // 0.0001 to 0.000999 (6 decimal places) return value.toFixed(6); } else if (value >= 0.00001) { // 0.00001 to 0.0000999 (8 decimal places) return value.toFixed(8); } else if (value >= 0.000001) { // 0.000001 to 0.00000999 (9 decimal places) return value.toFixed(9); } else if (value >= 0.0000001) { // 0.0000001 to 0.000000999 (10 decimal places) return value.toFixed(10); } else if (value >= 0.00000001) { // 0.00000001 to 0.0000000999 (11 decimal places) return value.toFixed(11); } else if (value >= 0.000000001) { // 0.000000001 to 0.00000000999 (12 decimal places) return value.toFixed(12); } else if (value >= 0.0000000001) { // 0.0000000001 to 0.000000000999 (12 decimal places) return value.toFixed(12); } else { // Less than 0.0000000001 (13 decimal places) return value.toFixed(13); } } }); Year Potential Low ($) Potential Average ($) Potential High ($) 2031 $540,830.43 $901,383.47 $1,261,936.86 2032 $757,162.60 $1,261,936.86 $1,766,711.60 2033 $1,059,945.80 $1,766,711.60 $2,473,477.75 2040 $5,799,454.28 $9,665,757.13 $13,532,059.98 2050 $161,978,188.65 $269,963,647.74 $377,949,106.84 Bitcoin Prediction: Analysts and Influencer’s BTC Price Target Firm Name 2025 2026 2030 Changelly $115,348.87 $138,780 $668,343 Coincodex $148,721 $99,198 $191,228 Binance $98,325.65 $103,241.93 $125,491.21 As per the Bitcoin price forecast by Blockware Solutions, the price of 1 BTC could hit $400,000 Cathie Wood predicts the price of BTC to achieve the $3.8 million mark by 2030. Michael Saylor-led MicroStrategy expects Bitcoin to soar beyond $13 million by 2045. ARK Invest has increased its bullish BTC price target to $2.4 million by 2030. FAQs How much is Bitcoin price today? At the time of writing, 1 Bitcoin Price USD is $108,783.81 . What is the Bitcoin price prediction for tomorrow? If the sentiments remain bullish, the star crypto may continue gaining value tomorrow. What is the Bitcoin price prediction for next week? Hoping for positive market sentiments, the BTC token may test its $102k mark. What is the Bitcoin price prediction for this month? With a potential surge, the Bitcoin (BTC) price may close the month with a high of $110,000. How much will 1 Bitcoin cost in 2025? As per Coinpedia’s BTC price prediction, the Bitcoin price could peak at $168k this year if the bullish sentiment sustains. How much will 1 Bitcoin be worth in 2030? With increased adoption, the price of Bitcoin could reach a height of $901,383.47 in 2030. How much will the price of Bitcoin be in 2040? As per our latest BTC price analysis, Bitcoin could reach a maximum price of $13,532,059.98 How high will Bitcoin go in 2050? By 2050, a single BTC price could go as high as $377,949,106.84 When did Bitcoin hit $1? Bitcoin first hit $1 on February 9th, 2011. This historic milestone was achieved on the now-defunct Mt. Gox exchange.
Bitcoin is rapidly leaving centralized exchanges, signaling a significant shift in market dynamics and investor behavior. Over the past 18 months, approximately 1 million BTC have been withdrawn from exchanges,
A solo Bitcoin miner has successfully validated a block on the Bitcoin network, earning a reward worth over $330,000. Identified as Solo CK, the individual mined Bitcoin block #899826 on June 5 at 04:48:18 UTC. $330K Mining Reward On-chain data from mempool shows that the reward included the standard block subsidy and 0.026 BTC in transaction fees. This brought the miner’s total earnings to approximately $330,386 based on current market prices. The block itself measured 1.66 megabytes in size and weighed 3.99 megawatt units (MWU). The hash for the successfully mined block was “000000…d1f8bb3,” with the transaction fees alone being worth around $2,761. Independent Bitcoin mining success remains extremely rare due to the high computational power needed to validate a block. Most of such activities today are done by large-scale operations using warehouses filled with specialized mining equipment. Many of these operations are run by companies publicly listed on U.S. stock exchanges like Bit Digital, Riot Blockchain, and Marathon Digital. As of June 5, data from YCharts reveals that the Bitcoin Network Hash Rate stands at 795.35M. This figure is down from 908.97M yesterday and up by over 40% one year ago. A higher hashrate means increased competition, greater energy demands, and longer verification and transaction times. These conditions make it more difficult for individual miners to succeed without pooled resources. Additionally, Bitcoin mining becomes increasingly hard and energy-intensive over time, requiring greater resources to remain effective. 1 in 1.6 Million Odds Experts estimate the odds of an independent miner successfully validating a block using their own hardware to be roughly 1 in 1.6 million. Statistically, this means a single individual would expect to solve one block every 31 years. Despite the long odds, solo participants occasionally achieve success, as seen in the recent case of Solo CK. Several other individuals have also managed to mine a Bitcoin block on their own. In February 2025, one such user mined Block 883,181, earning 3.158 BTC worth $310,000 at the time. On April 29, 2024, another solo operator validated Block 841,286 and received the full 3.125 BTC reward worth approximately $200,000. In July of the same year, a BitAXE device with a hashrate of just 500 gigahashes per second (Gh/s) successfully mined Block 853,742, securing a Bitcoin reward of $206,000. The post Solo Miner Defies Odds After Mining Bitcoin Block Earning Over $330K appeared first on CryptoPotato .