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Michael Saylor once said that bitcoin is currently a store of value and not a currency because it is treated as a commodity and subject to capital gains taxes.
In May 2022, an apartment in the city of Braga, Portugal was bought for three Bitcoins. This marked the first time a property was directly sold for Bitcoin in Portugal without the need for prior conversion to a fiat currency.
After months of very public back and forth, Tesla CEO Elon Musk announced his intention to back out of the Twitter deal. Twitter’s legal team has retained a top corporate litigation firm and so you know they mean busines
The worst Bitcoin Market Crash is finally over & Analysts are hoping it will revive its previous position soon- offering exciting opportunities for investors in Bitcoin Trading. Bitcoin dipped below $20,000 several times in the summer of 2022, its lowest level since late 2020. Analysts are not expecting more Bitcoin Crash shortly.
Today’s roundup on Bitcoin news: The bitcoin price fell 4.5% minutes after the U.S. consumer price index showed June inflation rising to 9.1% but has since recovered Benjamin Cowen talked about how the current inflation affects bitcoin and stocks Bank of America’s recent survey on bitcoin.
