Author: boss

Bhutan Opens Accelerated Fintech Licensing With 0% Corporate Tax and Free Banking – Bitcoin News

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Key Takeaways Gelephu Mindfulness City launched an accelerated licensing pathway on May 12, 2026, targeting firms already regulated in Singapore, ADGM, or Hong Kong. DK Bank guarantees corporate accounts for all GMC-licensed companies, supporting 9 currencies and BTC-backed lending from day one. GMC offers 0% corporate tax for qualifying firms and foreign talent tax exemptions through 2030, positioning the SAR as a regional financial hub. DK Bank Guarantees Accounts for Every GMC-Licensed Firm Starting May 2026 The Special Administrative Region, established under a Royal Charter to serve as a platform…

Bhutan moves another $8.2M in Bitcoin as state reserves keep falling

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Bhutan’s government has moved another 100.44 BTC worth roughly $8.2 million, extending a months-long pattern of treasury outflows tied to wallets tracked by blockchain analytics firms. Summary Bhutan moved 100.44 BTC worth about $8.2 million to an unlabeled wallet as state-linked outflows continued into May. Arkham estimated that Bhutan-connected wallets have transferred more than $230 million in bitcoin since the start of 2026. Bhutan still holds about 3,119 BTC, although its reserve has fallen sharply from more than 13,000 BTC recorded in 2024. According to on-chain data published Tuesday by…

Something Shocking Just Happened To The XRP Price, Analysts Are Using It To Make A Bold Prediction

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Two prominent crypto analysts have separately flagged what they describe as a significant technical setup for the XRP price, with one pointing to a chart structure he has tracked since October 2023 that continues to map the asset’s price action — and the other capturing an unusual moment that briefly showed XRP trading at over $43,000 on a major price aggregator. Related Reading On-chain analyst and technical researcher Dark Defender (@DefendDark) returned to X with an update on a chart he originally published on October 25, 2023, arguing that the…

Bitmine ETH Holdings Cross 5.2 Million—CEO Announces New Phase For Crypto Markets

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Bitmine Immersion (BMNR) said on Monday that its Ethereum (ETH) holdings have continued to climb, reaching 5 million tokens and getting closer to the company’s longer-term goal of owning 5% of the total ETH supply.  The firm described the update as evidence that a “crypto spring” has begun, and used the announcement to reinforce why it believes ETH matters not only as an asset, but also as a form of diversification for investors. What’s In Bitmine Immersion’s Portfolio? According to Bitmine’s disclosure, the company controls more than 4.31% of ETH’s…

Bitcoin node flood raises fears of surveillance or Sybil attack

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Bitcoin’s peer-to-peer network is facing fresh scrutiny after a sharp rise in IP and IP-like addresses shared through ADDR messages.  Summary Bitcoin’s gossip layer saw daily unique ADDR entries jump near 250,000 after years below 65,000. Jameson Lopp questioned whether fake node addresses could be preparation for a Sybil attack. The spike may also reflect surveillance, IP rotation, real node growth, or a public signaling push. A live monitor maintained by researchers at Karlsruhe Institute of Technology showed daily unique addresses rising to about 250,000 after spending years below 65,000.…

Analytics Firm Explains What’s Driving The Rally

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Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been the longest he has been attached to. In terms of official educational qualifications, Keshav holds a bachelor’s degree in Physics from one of the premier institutes of India, the University of Delhi (DU). He started…

Will Bitcoin price drop below $80K as Coinbase premium stays negative?

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Bitcoin price slipped back toward the $81,000 region on Monday as weakening U.S. institutional demand and renewed geopolitical uncertainty triggered another wave of profit-taking across the crypto market. Summary Bitcoin price fell back toward the $81,000 region after another rejection near the $82,000 resistance zone amid rising geopolitical uncertainty. The Coinbase Bitcoin Premium Index remained negative, signaling weaker buying demand from U.S. institutional investors in recent sessions. Technical indicators showed BTC still trading inside an ascending channel, though weakening MACD momentum raised risks of a retest below the $80,000 support…

Ray Dalio questions Bitcoin safe-haven role as Saylor fires back

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Bridgewater Associates founder Ray Dalio said Bitcoin has not acted as the safe-haven asset many investors expected.  Summary Ray Dalio said Bitcoin lacks privacy because transactions can be monitored and possibly controlled. Dalio argued investors often sell Bitcoin during market stress to raise liquidity elsewhere. Michael Saylor pushed back, calling gold analog capital and Bitcoin digital capital for collateral. In a May 11 post, he said Bitcoin gets heavy attention but has fallen short when compared with gold during market stress. Dalio pointed to three issues. He said Bitcoin lacks…

Michael Saylor defends Strategy’s Bitcoin sales plan amid dividend concerns

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Michael Saylor has defended Strategy’s ability to sell limited amounts of Bitcoin while continuing to expand its BTC treasury, arguing the company should avoid becoming a net seller rather than follow an absolute “never sell” stance. Summary Strategy said limited Bitcoin sales could still support a larger BTC accumulation plan rather than reduce its treasury exposure. Michael Saylor described STRC and MSTR as part of a Bitcoin-backed capital structure built around digital credit and equity products. According to comments shared by Saylor on May 10 and statements made during his…

Circle Banks $200M From Giants Like BlackRock In Arc Token Presale, CRCL Jumps 15%

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Shares of stablecoin issuer Circle (CRLC) climbed on Monday, rising by 15% to $130 for the first time in nearly a month. The move came after the company disclosed it had raised $222 million in the presale of Arc, the native token tied to Circle’s new blockchain. The funding values Arc at a fully diluted network valuation of $3 billion Circle CEO Maps The Road Ahead Speaking to CNBC in an exclusive interview, Circle CEO Jeremy Allaire framed Arc as more than another crypto launch. He compared blockchain infrastructure to…