Only 4% of Danish Citizens Hold Crypto Despite Global Growth: Survey

Only 4% of Danish citizens own cryptocurrencies, a figure that has remained unchanged since 2023 despite the global growth of the sector across Europe and other jurisdictions, according to a new staff paper from the country’s central bank published Wednesday. The Danmarks Nationalbank staff paper, based on a survey conducted by Epinion, revealed that among…

Cato Scholar Calls For Ending to Bitcoin Capital Gains Tax

Cato Institute, a US-based think tank, has argued the government should remove capital gains taxes on Bitcoin and other cryptocurrencies to open the door for more currency competition. Capital gains tax (CGT) is discouraging the use of alternative currencies like Bitcoin (BTC) as it incentivizes long-term holding and adds extra burdens to reporting requirements, Nicholas…

Her’s why bitcoin’s rally is taking a breather near $75,000

Bitcoin BTC$75,084.41 has climbed nearly 10% this month, but the rally is running into resistance near $75,000. The pause is notable as U.S. stocks push to record highs. On-chain data shows holders are selling into strength, helping explain the slowdown. It is evident from an on-chain indicator called realized profit/loss, which tracks the total dollar…

ETH/BTC Breakout Aligns With Rising Ether Demand

Ether looks poised to gain a price advantage over BTC as the ETH/BTC ratio soars to a 10-week high. The ETH/BTC ratio has climbed to a 10-week high, suggesting that Ether (ETH) is gaining momentum against Bitcoin (BTC) in the charts.  Ether’s footing has improved as clearer DeFi regulations from the US Securities and Exchange…

US Midterm Election Mirrors 2024 with Crypto Moving into Ohio Races

Another political action committee (PAC) aligned with the cryptocurrency industry announced its endorsement for a candidate in Ohio’s Senate race, signaling a move that could mirror the 2024 US election. In a Wednesday notice, Sentinel Action Fund, a group that claims to be the “only conservative Super PAC advancing pro-crypto candidates and supporting pro-crypto innovation,”…

ETH Futures Open Interest Rises As Institutional Investors Return

Key takeaways: Institutional ETH accumulation remains robust as Ether ETFs and Bitmine Immersion lead a healthy, spot-driven recovery. Lackluster DApp revenue and negative ETH funding rates suggest that traders are skeptical of the rally. Ether (ETH) price managed to sustain above $2,300 on Wednesday, distancing itself from the $1,940 lows seen on March 29. The…

ETH Futures Open Interest Rises As Institutional Investors Return

Key takeaways: Institutional ETH accumulation remains robust as Ether ETFs and Bitmine Immersion lead a healthy, spot-driven recovery. Lackluster DApp revenue and negative ETH funding rates suggest that traders are skeptical of the rally. Ether (ETH) price managed to sustain above $2,300 on Wednesday, distancing itself from the $1,940 lows seen on March 29. The…

Bitcoin Stalls at $76K As Profit-Taking Hit 63K BTC

Bitcoin’s (BTC) rally stalled above $76,000 stalled on Tuesday after short-term profit-taking by traders reached its highest level in 2026.  The activity coincided with continued accumulation by long-term holders, and this opposing interaction between the two cohorts may continue to impact Bitcoin’s attempts to break into the $80,000 range. Bitcoin profit-taking meets whale demand New…

WLFI Proposes Vesting Plan for 62B Tokens With Conditional Burn

Decentralized finance (DeFi) platform World Liberty Financial on Wednesday posted a governance proposal that would place 62.28 billion locked WLFI tokens under new multiyear vesting schedules and introduce a potential burn for founder, team, adviser and partner allocations.  Under the proposal, early supporters’ locked tokens would face a two-year cliff followed by a two-year linear…

ETH Futures Open Interest Rises As Institutional Investors Return

Key takeaways: Institutional ETH accumulation remains robust as Ether ETFs and Bitmine Immersion lead a healthy, spot-driven recovery. Lackluster DApp revenue and negative ETH funding rates suggest that traders are skeptical of the rally. Ether (ETH) price managed to sustain above $2,300 on Wednesday, distancing itself from the $1,940 lows seen on March 29. The…