New reporting regulations set to come into force in January 2026 will target crypto investors in Britain as the government ramps up its tax collection. The new framework from the UK tax department (His Majesty’s Revenue and Customs) specifically targets “tax-evading crypto bros,” reported finance outlet Money Week this week. The government claims that its coffers will be filled with £315 million ($US428 million) over the next five years from this latest tax raid. Reams of Personal Data Crypto exchanges and service providers must collect and report users’ full personal details and transaction summaries to the tax department or face fines of up to £300 ($407) per user. Investors who don’t comply with the stringent reporting requirements can also be fined. Crypto holders will need to provide details of their full name, address, date of birth, tax residence, National Insurance (social security) number, and a summary of their crypto transactions. The taxman will use the data to identify whether or not crypto investors have been paying the correct amount of tax on their profits. Exchequer Secretary to the Treasury, James Murray, said the new rules show that the government is “going further and faster to crack down on tax dodgers” to close the tax gap, before adding that it will “make sure tax dodgers have nowhere to hide, helping raise the revenue needed to fund our nurses, police and other vital public services.” “I urge all crypto asset users to check the details you will need to give your provider. Taking action now and having this information to hand will help you avoid penalties in the future,” warned Jonathan Athow, director general for customer strategy and tax design at HMRC. Crypto users to provide accurate personal info from January or risk £300 penalty. Crypto service providers must share transactional data with HMRC. Changes will help ensure any crypto gains are correctly taxed. Read more https://t.co/zYfdHPeyOf pic.twitter.com/cQlqlu7NTP — HM Revenue & Customs (@HMRCgovuk) July 7, 2025 HMRC also stated that it will “share your information with your country’s tax authority” for those who use crypto exchanges outside of the UK. Other countries are also onboarding Crypto Asset Reporting Frameworks (CARFs) to enable their tax departments to share information on digital asset investors. Crypto is ‘Property’ In September 2024, the UK government introduced the “Property (Digital Assets) Bill,” which meant that digital holdings, including crypto assets and non-fungible tokens (NFTs), can be considered personal property under the law. This also gave the government more leverage to impose capital gains taxes on digital assets. The post ‘Crypto Bros’ Targeted in Britain’s Latest Tax Crackdown appeared first on CryptoPotato .
World Liberty Financial’s governance token (WLFI) is on the verge of becoming tradable, signaling a pivotal moment for the Trump-backed crypto platform. The proposal to enable WLFI trading has garnered
The cryptocurrency world is abuzz with anticipation, and at the heart of this excitement is Ethereum (ETH) . Recent observations from leading crypto data analytics firm Swissblock have ignited discussions about a potential shift in the market dynamics, suggesting that ETH’s impressive performance could be the precursor to something truly significant: the much-awaited Altcoin Season . Are we on the cusp of a major rally for alternative cryptocurrencies? Let’s dive deep into the insights and what they mean for your portfolio. Understanding Ethereum’s Recent Performance For weeks, market watchers have kept a keen eye on Ethereum’s trajectory. While Bitcoin often dominates headlines, ETH has quietly, yet powerfully, been making its moves. Swissblock, in a recent analysis shared on X, highlighted several key indicators that point to Ethereum’s growing dominance and robust health within the broader digital asset landscape. They noted a significant increase in ETH inflows, suggesting renewed investor interest and confidence. More importantly, Ethereum has demonstrated a remarkable outperformance when compared to Bitcoin, a critical metric often seen as a bellwether for the overall health of the altcoin market. This relative strength isn’t just a fleeting moment; it signifies a deeper underlying shift in market sentiment and capital allocation. What makes this particular period stand out for Ethereum? Increased Inflows: A surge in capital flowing into ETH, indicating strong buying pressure and investor confidence. Outperformance vs. Bitcoin: ETH consistently gaining ground against BTC, a historical precursor to altcoin rallies. Ecosystem Growth: Continuous development and adoption across DeFi, NFTs, and Layer-2 solutions on the Ethereum network. What Does Swissblock Analysis Reveal? The core of the recent excitement stems directly from the meticulous Swissblock analysis . This firm, known for its data-driven insights, isn’t just making speculative claims; their observations are rooted in on-chain metrics and market behavior. According to their findings, if Ethereum manages to sustain its current strength over the crucial next 72 hours, it could solidify the signs of an impending altcoin season. But what exactly are they looking at? It’s a combination of quantitative and qualitative factors: Swissblock’s methodology often involves: Metric Observed Significance Implication for Altseason ETH Dominance Percentage of total crypto market cap held by Ethereum. Rising dominance often pulls other altcoins up. ETH/BTC Ratio Ethereum’s price performance relative to Bitcoin. A rising ratio signals ETH leading the market. Exchange Netflows Movement of ETH in and out of exchanges. Increased inflows of capital into ETH. Positive capital inflows suggest strong buying pressure and accumulation. Funding Rates Cost of holding long/short positions in perpetual futures. Positive funding rates for ETH indicate bullish sentiment in derivatives. The firm’s focus on the 72-hour window emphasizes the volatility and rapid shifts inherent in the crypto market. Sustained performance over this period would provide a stronger confirmation signal, moving from mere speculation to a more concrete market trend. This is not just about ETH price strength in isolation; it’s about its ability to act as a catalyst for the broader altcoin ecosystem. Is the Altcoin Season Imminent? The phrase “ Altcoin Season ” sends shivers of excitement down the spines of many crypto enthusiasts. But what exactly is it, and are we truly on the brink? An altcoin season is generally defined as a period where alternative cryptocurrencies (altcoins) significantly outperform Bitcoin. During such times, investors typically rotate profits from Bitcoin into altcoins, leading to explosive growth across a wide range of smaller cap assets. Historically, these seasons have been driven by a combination of factors: Bitcoin Dominance Peak: Often, an altseason begins after Bitcoin has had a significant rally and its dominance (its share of the total crypto market capitalization) starts to decline. Innovation and Development: New projects, technological breakthroughs, and increasing utility within various altcoin ecosystems attract fresh capital. Investor Sentiment: A general bullish sentiment across the market, encouraging risk-taking and diversification into higher-risk, higher-reward assets. Given Ethereum’s current momentum and the ETH price strength observed by Swissblock, the conditions are certainly ripening. Ethereum, as the largest altcoin and a foundational layer for countless other projects, often leads the charge. Its strength signals that capital is flowing beyond Bitcoin and into the broader crypto landscape, which is exactly what precedes an altseason. Navigating the Current Crypto Market Dynamics Understanding the broader crypto market is crucial when anticipating an altcoin season. The market is a complex interplay of various forces, including macroeconomic trends, regulatory developments, and technological advancements. While Ethereum’s performance is a strong indicator, it doesn’t exist in a vacuum. Key factors influencing the current market dynamics include: Macroeconomic Climate: Global inflation rates, interest rate decisions by central banks, and geopolitical events can significantly impact investor appetite for risk assets like cryptocurrencies. Regulatory Landscape: Clarity or uncertainty around crypto regulations in major economies can either boost or dampen market sentiment. The progress of spot Ethereum ETFs, for instance, is a major positive catalyst. Technological Innovation: Continued advancements in blockchain technology, such as scalability solutions (Layer-2s), interoperability, and new decentralized applications (dApps), drive adoption and utility, underpinning long-term value. Liquidity: The overall amount of capital available in the market and its willingness to flow into riskier assets plays a huge role. For investors, this means keeping an eye not just on individual asset performance but also on the bigger picture. A robust Ethereum ecosystem, coupled with favorable macro conditions, creates a fertile ground for an altcoin resurgence. However, volatility remains a constant companion in this market. Actionable Insights for ETH Price Strength So, what should investors consider amidst these exciting predictions of ETH price strength and an impending altcoin season? While no financial advice can guarantee returns, here are some actionable insights to help you navigate this potentially lucrative period: Monitor ETH/BTC Ratio: This ratio is a primary indicator. A sustained upward trend signals Ethereum’s outperformance and often precedes broader altcoin rallies. Research Beyond the Top 10: Once ETH starts moving, capital often trickles down to mid and small-cap altcoins. Identify projects with strong fundamentals, active development, and real-world utility. Diversify Your Portfolio: While the allure of high returns from a single altcoin is strong, diversification across various promising projects can mitigate risk. Understand Risk Management: Altcoins are inherently more volatile than Bitcoin or Ethereum. Set clear profit targets and stop-loss levels. Never invest more than you can afford to lose. Stay Informed: Follow reputable crypto analytics firms like Swissblock, news outlets, and on-chain data providers to stay abreast of market developments. Beware of FOMO: The fear of missing out can lead to irrational decisions. Stick to your research and investment strategy, even if others are boasting about quick gains. The potential for an Altcoin Season is exciting, but it’s essential to approach it with a well-thought-out strategy. Ethereum’s foundational role and its current display of strength are compelling reasons for optimism, but prudent decision-making is paramount. Conclusion: The Dawn of a New Era for Altcoins? The signals from Swissblock analysis regarding Ethereum’s sustained strength are certainly compelling. With increased inflows and consistent outperformance against Bitcoin, ETH is indeed showing all the classic signs of leading the charge into what could be a vibrant Altcoin Season . While the 72-hour window highlighted by Swissblock is a critical short-term indicator, the broader trends suggest a growing maturity and diversification within the crypto market . As ETH price strength continues to build, the stage appears set for a period where innovation and utility in the altcoin space could truly shine. Investors are encouraged to remain vigilant, conduct thorough research, and manage their risks wisely to potentially capitalize on this exciting phase. To learn more about the latest crypto market trends, explore our article on key developments shaping Ethereum’s future price action.
Pakistan aspires to technological sovereignty. However, these ambitions face significant economic and political challenges, including low living standards and a protracted conflict with India, which controls the headwaters of key rivers. Coinpaper looked into how the Islamic republic, with great human potential, is trying to build a digital future amidst instability. First Steps Into the Digital Economy Pakistan, a country with a population of over 255 million people, is actively embracing digital technologies. In recent years, there has been a growing interest in cryptocurrencies and artificial intelligence. Young people, especially in big cities like Karachi and Lahore, are increasingly using blockchain applications and participating in cryptocurrency trading. It's not just a trend—for many, it's a way to protect themselves from financial instability. Above all, digital assets are an attractive tool for preserving and growing capital amid high inflation of the Pakistani rupee. For the young, technologically literate population, cryptocurrencies have also become a tool for cross-border transfers and earning money. However, not all Pakistanis can afford high-speed internet. According to projections for 2025, only 45.7% of the population has a stable connection, and rural areas are often left out of coverage altogether. This noticeably slows down the mass adoption of digital currencies. Cryptocurrency Paradox The situation with cryptocurrencies in Pakistan is a classic example of the conflict between the government and the population. Right now, digital assets are in a gray area. In 2022, Pakistani authorities considered banning cryptocurrencies and planned to block digital asset-related websites. At the same time, the State Bank announced the launch of a central bank digital currency (CBDC) by 2025. Despite this, the country has one of the highest adoption rates of digital assets in the world. Thanks to the activity of retail investors, Pakistan is among the top ten global leaders in adoption in 2024, according to data from Chainalysis. Analysts are also predicting further rapid growth, with the number of crypto users in the country expected to exceed 27 million by the end of 2025 and industry revenue expected to reach $1.6 billion. Dreams of Bitcoin Mining and State Reserves In 2021, Khyber Pakhtunkhwa province announced plans to build state-owned farms to mine digital gold. The idea was to use cheap hydropower to replenish the treasury. The initiative stalled until 2025, when the head of the Cryptocurrency Board, Bilal bin Saqib, announced plans to divert surplus electricity to bitcoin mining and to power data centers for the artificial intelligence sector. It was later revealed to local media that the Pakistani government will allocate 2 GW for these purposes. The focus is on utilizing surplus resources from renewable sources—hydro, wind, and solar energy. This is an example of a balanced environmental agenda without Luddism: the country is not afraid of technology but seeks to minimize harm to nature. Soon after, Saqib announced the creation of a national reserve in digital gold. These intentions, as well as the country's other moves into cryptocurrencies and artificial intelligence, caused concerns from the International Monetary Fund (IMF). Pakistan has announced ambitious plans to utilize surplus renewable energy for mining and a bitcoin fund. However, the practical implementation of these initiatives requires a clear legal framework. At the moment, such a legal framework has not yet been developed in the country, which is the main obstacle on the way to the goal. Digital Silk Road Pakistan's technological leap would not have been possible without China. Beijing is Islamabad's main partner, and this cooperation goes far beyond politics. It is embedded in the China-Pakistan Economic Corridor (CPEC) megaproject. Key areas of support: Infrastructure: Chinese companies are actively involved in laying fiber optic cables. One example is the PEACE (Pakistan & East Africa Connecting Europe) undersea cable project, which reduces Pakistan's dependence on existing communication lines and directly connects it to partner countries. Artificial intelligence and surveillance: China is helping to implement Safe City systems in Islamabad, Lahore, and other megacities. These are comprehensive platforms with thousands of cameras and AI algorithms for facial recognition and behavioral analysis. 5G connectivity: Chinese giants Huawei and ZTE are the main contractors in testing and deploying fifth-generation networks in Pakistan. For China, a technologically advanced and stable Pakistan is a security guarantee for its CPEC investment and a key node in the ”One Belt, One Road” initiative. Internet Under Control The World Wide Web in Pakistan is tightly regulated, but the methods are different from China's. While ”The Great Firewall of China” is a sophisticated, proactive content filtering system, Pakistan's approach is reactive and crude. The main regulator is the Pakistan Telecommunication Authority (PTA). Its toolkit includes: Platform blocking: Authorities have not hesitated to block access to YouTube, TikTok, Wikipedia, and most recently Social Network X at the national level. The blockages are spotty and temporary in nature. Shutdowns: During political protests or unrest, the government routinely shuts down mobile internet across the country or in specific regions. This is considered an effective measure to combat the coordination of protesters. Slowing down traffic (throttling): Reducing the speed of access to certain resources to make their use uncomfortable. Such techniques directly damage the digital economy, but authorities believe they are justified to maintain control. India's Water Leverage Pakistan's main vulnerability is access to water. The country is critically dependent on rivers originating in Indian territory or in Indian-controlled Kashmir. It is a legacy of the partition of British India that New Delhi uses as powerful leverage. The relationship is governed by the Indus Waters Treaty of 1960. According to it, Pakistan receives the flow of ”western” rivers (Indus, Jhelam, Chenab) and India receives the flow of ”eastern” rivers (Ravi, Beas, Sutlej). However, India has the right to build hydropower plants on ”Pakistani” rivers. Another escalation of the Kashmir conflict that began in April 2025 has once again highlighted this vulnerability. In response to the escalation, India restricted the flow of water in the Chenab and Jhelam rivers used by Pakistan for agriculture and power generation. Such actions allow India to exert direct economic pressure on its neighbors. In this context, technology development becomes a matter of survival. Artificial intelligence is already being used to optimize water consumption in agriculture, and the shift to alternative energy sources, including hydroelectric mining, is reducing the critical dependence on rivers controlled by India. Economic Realism and the Key to the Future To understand whether Pakistan's plans for digitalization and cryptocurrencies are realistic, it's worth looking at economic indicators. The average income in the country is $1,824 per year—an extremely low level by global standards. So buying, for example, mining equipment for the vast majority of Pakistanis remains an impossible task. This figure explains everything: why the population is fleeing to cryptocurrencies out of poverty, why the government cannot finance its own IT projects, and why the country is so heavily dependent on Chinese loans and technology. Talk of building sophisticated AI ecosystems or buying bitcoin for government reserves seems disconnected from reality, where basic needs for millions of people remain unmet. Pakistan is at a crossroads. On the one hand, there is huge human capital, interest in digital finance, and support from China. On the other, there is chaotic regulation, poverty, and constant conflicts with India. The country will have to find a balance between ambition and reality. If plans for a bitcoin reserve and mining come to fruition, it could set an example for other developing countries. But without addressing basic problems—from internet access to energy stability—such projects run the risk of remaining on paper. This path is fraught with risks, from digital authoritarianism to economic isolation in case of failure. But for the country, such a technological leap could be a chance for a better future.
The proposal, which launched voting on Wednesday, had more than 99% support from roughly five billion tokens at the time of publication.
Bullish, the institutionally-focused digital asset exchange with over $1.4 trillion in cumulative trading volume, has announced a migration of its core infrastructure to Solana, the high-performance blockchain network known for its low-latency transaction processing and stablecoin ecosystem. The exchange will begin powering custody, trading, settlement, and payment operations using Solana-native stablecoins, marking one of the most significant institutional shifts toward blockchain-native infrastructure to date. The announcement was made jointly by Bullish and the Solana Foundation on Wednesday, with Solana calling the move a sign that “TradFi and DeFi continue to converge.” Solana as the settlement layer for Bullish Bullish’s decision to integrate with Solana reflects a broader strategy to position itself at the intersection of centralized and decentralized finance. The company, which ranks among the top five exchanges for Bitcoin and Ether spot volumes, said it will now prioritize Solana-native stablecoins for all transaction types across its trading stack. “We’re excited to collaborate with the Solana Foundation,” said Tom Farley, CEO of Bullish, in a statement . “We believe that Solana has proven itself as rails for next-generation financial infrastructure, fast, efficient, and ready for institutional scale.” The migration is more than symbolic. Bullish will leverage Solana to handle exchange operations and future innovations in digital asset product design. CoinDesk Data, part of the Bullish Group, will expand coverage of Solana-based tokens and stablecoins in tandem, supporting data infrastructure for the growing intersection of centralized exchanges (CeFi) and decentralized platforms (DeFi). Regulatory footprint meets open networks Unlike many crypto-native exchanges, Bullish has positioned itself squarely within the regulatory perimeter. The firm holds licenses in Hong Kong, Germany, and Gibraltar—making it one of the few global digital asset venues with regulatory clarity across both Asia and Europe. The company is also known for operating a deterministic liquidity protocol using an automated market maker (AMM) model optimized for institutional flow. With this infrastructure move, Bullish becomes the most prominent regulated trading venue to migrate its operations to Solana, further validating the blockchain’s push into financial infrastructure. “Solana was built for moments like this, where performance, scale, and real-world adoption converge,” said Lily Liu, President of the Solana Foundation. In Q1 2025, Bullish reported over $2.5 billion in average daily volume, a figure that positions it as a top-tier venue for institutional asset flow. The adoption of Solana-based settlement is expected to bring latency reduction, faster clearance times, and lower fees for clients transacting in stablecoins or tokenized assets. Institutional momentum builds around Solana The partnership follows a string of enterprise integrations with Solana in recent months. Earlier this year, U.S. fintech firm Fiserv announced pilot programs to test Solana for real-time cross-border payments. In Europe, R3, a blockchain software consortium backed by major banks, selected Solana to support a regulated asset settlement layer for tokenized securities. Bullish’s integration builds on this momentum, accelerating what many analysts now describe as a structural shift in the architecture of financial markets. “This marks a shift in institutional finance towards faster, cheaper, and more unified on-chain infrastructure,” Farley added. “By building on Solana’s high-performance network, we’re aiming to simplify the user experience, reduce settlement friction, and unlock real efficiencies.” The Bullish–Solana integration highlights the maturing convergence between centralized financial service providers and the decentralized architecture envisioned by early blockchain pioneers. It also signals that large-scale, regulated players no longer view public chains as experimental, but as strategic pillars for the future of finance. For Bullish, the move cements its positioning as a forward-leaning, compliance-first exchange ready to power institutional access to the blockchain economy. For Solana, it is another signal that its core attributes, speed, composability, and scale, are resonating with real-world users beyond crypto-native circles. KEY Difference Wire helps crypto brands break through and dominate headlines fast
Institutions continue to pile on crypto - Is yield the reason for the gold rush?
Are you a Japanese credit card user dreaming of dipping your toes into the world of digital assets? The wait is over! In a groundbreaking move that signals a significant step towards mainstream Cryptocurrency Conversion , Japanese financial giant SBI Group’s APLUS is now allowing its cardholders to turn their accumulated loyalty points into actual crypto. This development is not just a convenience; it’s a powerful statement about the evolving landscape where traditional finance and digital currencies converge. SBI Group’s Bold Leap into Digital Assets The SBI Group , a colossal financial conglomerate with extensive interests ranging from banking to asset management and even biotechnology, has long been a pioneering force in embracing blockchain and digital assets. Their latest initiative through APLUS allows cardholders in Japan to seamlessly convert their loyalty points into popular cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), and XRP. This isn’t their first rodeo in the crypto space; SBI has been deeply involved with Ripple (XRP) for years and operates its own crypto exchange, VC Trade. This strategic move underscores SBI’s commitment to integrating digital assets into everyday financial activities. It positions them at the forefront of financial innovation, demonstrating how established institutions can adapt and thrive in the rapidly changing digital economy. By offering a direct pathway from conventional loyalty points to crypto, SBI is not just facilitating transactions; it’s educating a wider audience about the utility and accessibility of digital currencies. How Does Crypto Redemption Work for APLUS Cardholders? The process for Crypto Redemption through APLUS is designed to be straightforward and user-friendly, making it accessible even for those new to the crypto world. Here’s a breakdown of how it operates: Point Conversion: APLUS cardholders can redeem 2,100 loyalty points. Crypto Value: This converts to approximately ¥2,000 (about $13 USD) worth of cryptocurrency. Direct Deposit: The redeemed crypto – whether it’s Bitcoin, Ethereum, or XRP – is directly deposited into the user’s VC Trade account. VC Trade is SBI’s proprietary cryptocurrency exchange, ensuring a secure and integrated experience. Accessibility: This low entry barrier (a small amount of points for a small amount of crypto) makes it an ideal way for beginners to get started with crypto ownership without significant financial commitment. This initiative effectively bridges the gap between everyday consumer spending and the burgeoning digital asset market, transforming loyalty rewards from mere discounts into tangible digital investments. Boosting Japan Crypto Adoption: What This Means This development is a significant catalyst for Japan Crypto Adoption . Japan has always been a forward-thinking nation regarding technology and finance, and its regulatory environment for cryptocurrencies is relatively clear compared to many other countries. By enabling millions of credit card users to easily acquire crypto, SBI Group is: Increasing Awareness: It brings cryptocurrencies into the daily conversations of ordinary consumers, demystifying them. Lowering Barriers to Entry: Many people are hesitant to buy crypto directly due to perceived complexity or risk. Converting existing loyalty points offers a risk-free, familiar entry point. Legitimizing Crypto: When a major financial institution like SBI Group endorses and integrates crypto, it adds a layer of legitimacy and trust for the general public. Driving Usage: As more people hold small amounts of crypto, they are more likely to explore its uses, potentially leading to increased trading or future spending. This move aligns with a broader global trend of integrating digital assets into traditional financial ecosystems, making Japan a key player in this evolution. The Rise of Loyalty Programs Crypto Integration The integration of crypto into Loyalty Programs Crypto is not an isolated incident. Across the globe, businesses are exploring innovative ways to leverage blockchain technology to enhance their reward systems. From airline miles to retail points, the traditional loyalty landscape is ripe for disruption. Companies are recognizing that offering crypto as a reward can: Increase Engagement: Crypto rewards often hold more perceived value and excitement than traditional discounts or gift cards. Attract New Demographics: It appeals to tech-savvy individuals and crypto enthusiasts. Enhance Utility: Unlike store-specific points, cryptocurrencies are liquid and can be traded or spent more broadly. Future-Proof Rewards: As digital economies grow, crypto rewards position companies for future payment trends. SBI’s APLUS program is a prime example of how traditional loyalty schemes can evolve to meet the demands of a digital-first generation, setting a precedent for other financial institutions and businesses worldwide. Seamless Cryptocurrency Conversion: Benefits and Future Outlook The ability to facilitate seamless Cryptocurrency Conversion from everyday loyalty points offers several compelling benefits for both consumers and the broader crypto market. For consumers, it’s an effortless way to gain exposure to digital assets without direct investment, fostering financial literacy in a new asset class. For the crypto market, it represents a significant step towards mass adoption, bringing new users and liquidity into the ecosystem. Looking ahead, this initiative could inspire other major financial institutions and loyalty program providers globally to follow suit. Imagine earning Bitcoin for your coffee purchases, or Ethereum for your grocery shopping! While the initial redemption amounts are modest, the symbolic importance of this move cannot be overstated. It signals a future where digital assets are not just an alternative investment but an integrated part of our daily financial lives. In conclusion, SBI Group’s APLUS program marks a pivotal moment in the convergence of traditional finance and the crypto world. By allowing Japanese credit card users to convert loyalty points into Bitcoin, Ethereum, and XRP, SBI is not only enhancing customer value but also significantly contributing to Japan’s leadership in crypto adoption. This innovative step underscores a future where digital currencies are increasingly accessible and integrated into our everyday financial activities, paving the way for broader mainstream acceptance. To learn more about the latest crypto market trends, explore our article on key developments shaping Bitcoin and Ethereum institutional adoption.
Bitcoin shattered its previous all-time high on Wednesday, soaring to an unprecedented $112,040 per coin. The cryptocurrency appreciated 3% against the U.S. dollar on July 9, registering a new record on Bitstamp at $112,040. Bitcoin’s market capitalization now rests at $2.221 trillion, accompanied by $28.18 billion in volume exchanged throughout the day. This upward movement
Bitcoin has surged past its previous all-time high, reaching over $112,000 amid heightened global investor interest and significant market dynamics. The rally is underpinned by a combination of macroeconomic factors,