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Luxembourg has become the first country in the Eurozone to invest in Bitcoin through its sovereign wealth fund, allocating 1% of its $730 million Intergenerational Sovereign Wealth Fund (FSIL) to Bitcoin exchange-traded funds (ETFs), Finance Minister Gilles Roth announced on Oct. 9 during the 2026 national budget presentation.The investment marks a milestone for the nation’s financial strategy, reflecting a gradual shift toward diversified, innovation-driven asset management.Roth said the move aligns with the FSIL’s revised framework approved in July 2025, which now permits up to 15% of its portfolio to be allocated to alternative assets, including private equity, real estate, and…

Solana (SOL) is flashing a powerful bullish setup as it forms a classic cup and handle pattern on the monthly chart. With the 1.618 Fibonacci target sitting near $425 and the monthly MACD gearing up for a golden cross, momentum is building fast. As speculation around a potential Solana ETF approval heats up, traders are eyeing what could be the start of a major breakout rally. Cup And Handle Formation Signals A Major Bullish Setup Lark Davis, a well-known crypto analyst, recently shared an optimistic outlook on SOL, highlighting a significant technical formation that could set the stage for a…

Katie Porter is ramping up her campaign for California Governor ahead of the primary elections in June 2026. Last year, Porter lost her Senate bid to Adam Schiff. Her campaign blamed the defeat on the $10 million spent on independent expenditures the Super PAC Fairshake used to fund attack ads against her.Sponsored SponsoredPorter Takes Aim at Newsom’s SeatPorter is once again vying for a political position in California. This time, she is eyeing the gubernatorial seat, which will become vacant once Governor Gavin Newsom concludes his term in 2026.The former Representative launched her campaign this March, a year after her defeat…

The European Union should foster the development of euro-denominated stablecoins to compete with US dollar-denominated tokens, according to Pierre Gramegna, the managing director of the European Stability Mechanism (ESM), an economic crisis organization for the EU.“Europe should not be dependent on US dollar-denominated stablecoins, which are currently dominating markets,” Gramegna said at Thursday’s hearing about the overall economic health of the eurozone, which included commentary on digital assets. He also said:“Europe should also embrace the potential for financial Innovation with stablecoins and tokenized assets. Stablecoins are an inevitable part of this equation. In a rapidly evolving financial landscape, Europe should…

Bitcoin advocate Roger Ver, known to many in the crypto industry as “Bitcoin Jesus,” has reportedly reached a deal with the US Department of Justice that could allow him to avoid prison time.According to a Thursday New York Times report, Ver’s lawyers reached a tentative agreement with US authorities that would require the Bitcoin (BTC) advocate to pay $48 million in taxes he owed from his crypto holdings. The Justice Department charged Ver with mail fraud and tax evasion in April 2024, seeking to extradite him from Spain to stand trial.The New York Times reported that Ver has ties with…

Roger Ver, more popularly known as Bitcoin Jesus, has reached a tentative deal with the US Department of Justice over fraud and tax evasion charges. The agreement stipulates that Ver must pay $48 million in taxes he owes on his digital currency holdings to drop the charges against him.Sponsored Bitcoin Jesus Secures Provisional DealBitcoin Jesus, a leading cryptocurrency advocate, may be exonerated from charges of filing a false tax return and evading taxes.According to reports, Ver reached a provisional deferred-prosecution agreement with the Department of Justice. Under the deal’s terms, Ver would have to pay the $48 million he owes in…

Key takeaways:Binance’s new “Meme Rush” launchpad promotes fair launches but triggered a sell-off as traders await new launches.A single wallet controlled large token amounts, fueling manipulation concerns and steep price declines.Low liquidity and inflated volumes amplified the memecoin sell-off across the BNB Chain ecosystem.Multiple BNB Chain memecoins tumbled more than 30% on Thursday after posting strong gains earlier in the week. The sell-off occurred as BNB (BNB) itself recorded its first-ever $100 single-day price drop, falling to $1,246 at the time of writing. Is this the end of the BNB Chain memecoin frenzy — and were there any early signs…

Jack Dorsey, founder of payments company Square, has urged the introduction of a de minimis tax exemption on small Bitcoin (BTC) transactions to help make the cryptocurrency more suitable for everyday payments.“We want Bitcoin to be everyday money ASAP,” Dorsey said on Wednesday, following Square’s integration of Bitcoin payment services for merchants using the company’s checkout and point-of-sale systems.His comments drew attention from Wyoming Senator Cynthia Lummis, who introduced a de minimis tax provision as part of a standalone crypto tax bill in July, exempting BTC transactions $300 or under from capital gains tax with an annual exemption cap of…

The BlackRock spot Bitcoin exchange-traded fund is by far the industry leader, buying more and selling less than its competitors. The BlackRock iShares Bitcoin Trust (IBIT) has seen nearly $65 billion in aggregate inflows since its launch, surpassing the total inflows of all its competitors combined. The fund often buys when all others are at zero flows or selling, such as on Wednesday, when it purchased 3,510 BTC, while all other funds, aside from Bitwise, bought nothing. There are a few reasons for this, as explained by Arkham Intelligence. Firstly, BlackRock’s “brand image and reputation attract flows for Bitcoin,”…

New US rules to spark a wave of ETF launches.Stablecoin assets seen hitting $500 billion next year as adoption surges.Crypto is heading into 2026 with a perfect mix of regulatory green lights, supportive monetary policies, and surging institutional demand.That’s according to a new CF Benchmarks report seen by DL News, which predicts that Bitcoin will jump 20% to $148,500 by year-end. It also forecasts that exchange-traded funds will double in number to 80, and stablecoins are on track to reach $500 billion in circulation.The report says digital assets are moving into a “maturity phase” where price discovery comes from strategic…