Nasdaq has filed an amended rule proposal seeking to introduce in-kind redemptions for BlackRock's iShares Bitcoin ETF (IBIT), according to a Jan. 24 regulatory filing. The adjustment would allow the exchange-traded fund to transfer Bitcoin (BTC) directly to investors during redemptions instead of converting holdings into cash.

The Securities and Exchange Commission had previously only allowed cash redemptions when the spot bitcoin ETFs were approved last January.

Nasdaq, on behalf of BlackRock, is pursuing a potential change to the asset management firm's spot bitcoin exchange-traded fund.

American investment management company BlackRock is pushing for a new redemption model for its ETF product, the iShares Bitcoin Trust (IBIT). Notably, its trading venue, the Nasdaq Stock Market LLC, filed for the in-kind redemption model with the United States Securities and Exchange Commission (SEC).

Cryptocurrency markets are trading marginally higher on Friday after President Trump's crypto executive order on Thursday. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $105,111.01 -0.2% Ethereum (CRYPTO: ETH) $3,338.66 +1.9% Solana (CRYPTO: SOL) $258.79 +1% XRP (CRYPTO: XRP) $3.12 -1% Dogecoin (CRYPTO: DOGE) $0.3543 -0.3% Shiba Inu (CRYPTO: SHIB) $0.00002006 -0.4% Notable Statistics: IntoTheBlock data shows large transaction volume increased by 6.5% and daily active addresses falling by 0.09%.

ETH and Bitcoin trends diverge as RTX, a unique crypto project, captures attention with unique features and rapid growth. #partnercontent

As Bitcoin strengthens its market dominance, altcoins struggle, with the Altcoin Season Index showing sharp declines.

Ether, the second largest cryptocurrency, has fallen more than 20% against Bitcoin in the last six weeks. With the ETHBTC ratio remaining near a two-month low, sellers are pushing to stabilize the price below $3,400. This pressure has led to a significant drop in an important on-chain metric, indicating potential further declines in its price.

MicroStrategy said that it's taking measures to manage $1.05 billion in corporate debt accumulated while stockpiling Bitcoin.

On Thursday, January 23, US President Donald Trump issued the first-ever executive on cryptocurrencies. The order outlines the formation of a “national digital asset stockpile,” which has prompted questions about whether the United States intends to actively purchase Bitcoin (BTC) or merely incorporate confiscated BTC into a reserve.

President Donald Trump pledges to make the U.S. the crypto capital of the world and signs a pro-crypto executive order. Plus, BlackRock CEO Larry Fink predicts BTC price will exceed $700,000 and the SEC withdraws a controversial crypto reporting rule.

Bitcoiners need to stop letting the extremes of naive idealism and jaded cynicism drive the public discourse.

Calamos Investments has introduced a suite of Protected Bitcoin Exchange-Traded Funds (ETFs), designed to offer exposure to Bitcoin (CRYPTO: BTC) while minimizing risk. What Happened: The flagship ETF provides 100% downside protection over a one-year period, ensuring that investors' principal remains intact even if Bitcoin experiences a significant price drop.

Semler Scientific has announced an increase in its convertible senior notes offering to $85 million from the previously planned $75 million. The company also granted initial purchasers the option to buy an additional $15 million in notes.

BlackRock's spot Bitcoin ETF (IBIT) surpassed $1 billion in inflows in the first two hours of trading today. This comes despite record outflows earlier in the month, displaying the product's dramatic recovery.

According to data from SaylorTracker, MicroStrategy shares are currently trading at a net asset value (NAV) of 1.86x.

Bloomberg Intelligence senior macro strategist Mike McGlone is warning that gold's strong 2024 performance may be a bearish signal for Bitcoin (BTC) and other risk assets.

Bitcoin (BTC) price is up 3% in the last 24 hours. Still, the rally has been relatively muted despite two major developments: the SEC revoking SAB 121 policy, allowing banks to custody crypto, and Trump creating a Digital Asset Stockpile by executive order.

Increased user interest in bitcoin during the Chinese New Year celebration could spark another significant price increase for BTC, based on historical data.

The U.S. government shouldn't stockpile anything but bitcoin.

The US Securities and Exchange Commission (SEC) announced on Thursday, January 23, the rescission of Staff Accounting Bulletin (SAB) No. 121, a directive that had imposed stringent accounting requirements on crypto custody for US banks and financial institutions.

MetaMask is making a multi-chain push, expanding beyond Ethereum as users increasingly explore a broader range of crypto ecosystems.

Latin America's Bitcoin ATM ecosystem reveals striking contrasts in cryptocurrency adoption across the region. El Salvador stands out as the undisputed leader, dominating the landscape with the highest number of Bitcoin ATMs. LATAM leader in Bitcoin ATMs According to Coin ATM Radar, El Salvador has 215 Bitcoin ATMs, far surpassing its regional competitors.

As the new Trump administration takes the reins in Washington, global banking giants have expressed optimism about expanding their crypto businesses.

Bitcoin ETF accelerated their pace of inflows on bullish expectations and US-based demand. Crypto ETF are becoming more competitive against more traditional investments.

TL;DR Blockchain activity for retail transactions dropped by 19.34%, even as Bitcoin remains above $100,000 and near its all-time high. Interest in cryptocurrencies has grown compared to last year but focuses on isolated events that trigger activity spikes.

Having reclaimed the psychological price of $100,000, Bitcoin has got the crypto community talking about its inclination toward smashing its present all-time high (ATH) of $109,114.

MicroStrategy plans to redeem $1.05B in notes amid Bitcoin tax rule concerns, due to CAMT's impact on unrealized Bitcoin gains. The post MicroStrategy to redeem $1.05B in convertible notes amid concerns over Bitcoin tax rules appeared first on Crypto Briefing.

Bitcoin has recently been trading inside a historically narrow 60-day price range. Here's what usually follows such periods of compressed volatility.

The Bitcoin community is angry with Ripple for endorsing a multi-asset strategic reserve in the United States instead of a Bitcoin-only reserve. Bitcoiners are accusing the San Francisco-based blockchain payments startup of being the “biggest obstacle” to a national U.S. Bitcoin due to it actively pushing for the inclusion of several coins, including XRP.

With $47B in Bitcoin holdings, MicroStrategy could face billions in federal taxes under U.S. rules taxing unrealized gains. As the IRS evaluates relief options, the firm's negotiations may influence how cryptocurrency is treated in corporate tax frameworks, setting critical precedents for the industry. The post MicroStrategy Faces Potential Tax Burden on Unrealized Bitcoin Gains: Report appeared first on Cryptonews.

Bitcoin's price experienced a slight dip following its recent all-time high (ATH) of $110,000, with its current trading value hovering around $102,674. After a drop of about 7.3% from the peak, many crypto enthusiasts are now eyeing key levels that could present an excellent opportunity to buy Bitcoin before the price potentially surges again, heading toward a new ATH of $120,000.

Bitcoin is holding firm above $100,000, indicating that every minor dip is being purchased in anticipation of new all-time highs.

MicroStrategy, known for its extensive Bitcoin holdings, faces a potential billion-dollar tax liability due to unrealized gains under the new CAMT. Could this force the company to sell its Bitcoin?

BlackRock now holds an unheard of 60 billion worth of Bitcoin (BTC) across its iShares Bitcoin Trust (IBIT), with 574,118.84380 BTC recorded on the ETF's balance sheet. Recent data from Farside Investors shows that Bitcoin ETFs have recently received a total of 188.7 million, with BlackRock alone getting $154.6 million — 81% of net inflows.

Semler Scientific Inc (NASDAQ:SMLR), a medical technology company, has announced a significant move into the cryptocurrency space with its latest convertible notes offering and plans to acquire Bitcoin (CRYPTO: BTC). What Happened: On Jan. 24, Semler Scientific priced an upsized offering of $85 million in 4.25% convertible senior notes due 2030, according to the company's press release.

Central Banker v Brian Armstrong go head to head on why hold bitcoin in reserves at Davos earlier this week.

Retail on-chain activity fell 19% as Bitcoin trades above $105K, according to CryptoQuant data, signaling low retail interest. The post Retail on-chain activity drops 19% despite Bitcoin's strength above $100K appeared first on Crypto Briefing.

UTXO Management's acquisition of HK Asia Holdings Limited aims to position the company as a force in Hong Kong's dynamic financial ecosystem.

TL;DR $3.19 billion in BTC options and $574.8 million in ETH options expire today, impacting short-term trends. The maximum pressure points for BTC and ETH are $100,000 and $3,300, respectively, with current prices slightly above these levels. Regulatory initiatives and the U.S. digital asset reserve plan add bullish fundamentals to the market outlook.

U.S. spot bitcoin exchange-traded funds have started the year on a strong note, according to Bloomberg senior ETF analyst Eric Balchunas.

MicroStrategy may face federal income tax obligations on its significant unrealized gains, which currently exceed $19.3 billion.

James Check, a Glassdote analyst, has predicted that Bitcoin ($BTC) could cross the $150K mark in 2025. This prediction is inspired by the token's 2016-2017 cycle when Bitcoin moved from the range of $800-1600 to $19,783.

TL;DR MicroStrategy is facing tax issues over unrealized gains from its BTC, despite not having sold any. The Inflation Reduction Act of 2022 imposes a 15% corporate minimum tax, which would affect unrealized gains from cryptocurrencies like Bitcoin.

On-chain data reveals Bitcoin's bullish structure remains intact above IBCI 50%, but a cycle top may be forming.

The price of Bitcoin (BTC) has surged by nearly 3% in the past 24 hours as President Donald Trump signed the first pro-crypto executive order (EO) to make America the “crypto capital of the world”.

With Bitcoin consolidating, the NVT Golden Cross metric highlighted a potential local bottom.