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01:14
Michael Saylor: If MicroStrategy holds 5% of the BTC supply, its price will reach $1 million
According to Odaily, Michael Saylor stated that if MicroStrategy is able to accumulate 5% of the total bitcoin supply, the price of bitcoin will reach $1 million. He further indicated that if the holding ratio reaches 7%, each bitcoin would be worth $10 million. Michael Saylor described this action as powering the network.
01:12
Bloomberg: New U.S. House draft bill proposes tax safe harbor for stablecoins and crypto staking
According to TechFlow, on December 22, Bloomberg reported that bipartisan members of the U.S. House of Representatives are drafting a cryptocurrency tax framework that would provide a safe harbor for certain stablecoin transactions and delay the taxation of rewards earned from validating blockchain transactions. Ohio Republican Representative Max Miller and Nevada Democratic Representative Steven Horsford jointly introduced this draft, aiming to align the tax treatment of cryptocurrencies with that of traditional securities.
01:12
Spot platinum breaks through the $2,000 mark
PANews reported on December 22 that spot platinum continues to rise, surpassing $2,000 per ounce for the first time since 2008, with an accumulated increase of over 120% this year.
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