News Block: BlackRock’s Fink Declares Bitcoin a New Asset Class, Country Hikes Bitcoin Capital Gains Tax, Do Tax Increases Decrease Govn't Debt?
In this week's episode of the Coin Stories News Block powered by Bitdeer (NASDAQ: BTDR), we cover these major headlines related to Bitcoin and global finance:
- BlackRock’s recent comments about Bitcoin and what it means for the future of institutional adoption
- Spot Bitcoin ETFs breaking records
- Do tax increases work to bring down government debt?
- What country just increased its capital gains tax on Bitcoin to nearly 50%!
- Over half of government spending is 'baked in the cake' and will continue
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References mentioned in the episode:
- JP Morgan Chase Calls Bitcoin “Debasement Trade”
- BlackRock’s Recent Report on Bitcoin
- Larry Fink Calls Bitcoin an Asset Class
- Charles Schwab Survey on ETF Investors
- AIMA Survey on Instiutional Interest in Digital Assets
- Aspen Digital Survey on Asian Family Offices
- Bitcoin ETF Holdings on Pace for One Million BTC
- Asset Classes Compared by Market Capitalization
- AllianceBernstein Report on Debt and Taxes
- Italy Raises Capital Gains Taxes on Bitcoin
- Norway Wealth Tax Increase Causes Capital Flight
- Bitcoin is 6th Largest Monetary Asset in the World
- Apollo Global Shows 60% of Spending Is Mandatory
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This podcast is for educational purposes and should not be construed as official investment advice.
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