Fnance Times

Semler Scientific, a healthcare technology firm, has expanded its corporate Bitcoin treasury by purchasing 303 BTC, valued at $29.3 million, between November 25 and December 4, 2024. This acquisition brings the company’s total Bitcoin holdings to 1,873 BTC, acquired at an average price of $78,553 per coin, totaling approximately $147.1 million.
The post Semler Scientific Purchases Additional $30 Million in Bitcoin to Expand its BTC Holdings appeared first on Cryptonews. …

Florida may establish a Bitcoin reserve by 2025, leveraging pension funds and budget surplus to create a cryptocurrency stockpile. Advocated by Samuel Armes and supported by pro-Bitcoin leaders, this initiative reflects Florida’s growing role in the Bitcoin economy amidst rising market adoption.
The post Florida Could Launch Statewide Bitcoin Reserve by Q1 of 2025, Samuel Armes Says appeared first on Cryptonews. …

Former NY Fed President Bill Dudley cautions that creating a federal Bitcoin reserve could strain public finances, drive up inflation, and provide limited benefits to most Americans. He highlights Bitcoin’s volatility, capped supply, and economic risks, urging policymakers to focus on regulation instead.
The post Bitcoin Reserve a “Bad Deal for Americans”: Bill Dudley appeared first on Cryptonews. …

The Czech Republic has approved a capital gains tax exemption for Bitcoin held for over three years, aligning its taxation with traditional financial instruments and encouraging long-term investments in the cryptocurrency market starting January 1, 2025.
The post Czech Republic Approves Capital Gains Tax Exemption for Bitcoin Held Over Three Years appeared first on Cryptonews. …

The UK’s Financial Conduct Authority has banned access to Pump.fun for residents, citing unauthorized operations and warning users against potential scams, as the platform restricts UK users following regulatory concerns.
The post UK Bans Access to Pumpdotfun for Residents appeared first on Cryptonews. …

Bitcoin Suisse founder Niklas Nikolajsen predicts Bitcoin will hit a seven-figure price, driven by the US election and Bitcoin halving.
The post “Bitcoin Price Will Even Reach Seven Figures” – Bitcoin Suisse Founder appeared first on Cryptonews. …

Spot Ether exchange-traded funds (ETFs) in the United States recorded their largest single-day inflow on December 5.
The post Spot Ether ETFs See Record $428 M in Inflows Amid 9-Day Winning Streak appeared first on Cryptonews. …

Lawrence Summers, a former US Treasury Secretary, has criticized President-elect Donald Trump’s proposal for the US government to establish a Bitcoin reserve, labeling the idea as impractical.
The post Former US Treasury Secretary Calls Trump’s Bitcoin Reserve Plan ‘Crazy’ appeared first on Cryptonews. …