Data: Over the past 24 hours, the entire network has liquidated $252 million, with long positions liquidated at $63.1456 million and short positions at $189 million.

Bitcoin Tax Policy Suddenly Sparks Controversy: Brian Armstrong and Jack Dorsey Embroiled in Congressional Lobbying Scandal

The U.S. Congress has shown divisions in discussions regarding cryptocurrency tax policy, with the small transaction tax exemption proposal gradually applying only to stablecoins, triggering dissatisfaction among Bitcoin supporters. Industry leaders have clashed publicly over this, with the core of the debate centered on small transaction exemptions. Currently, cryptocurrencies are classified as property, and transactions require capital gains tax payments, resulting in high compliance costs.

Analyst: If Bitcoin returns to $80,000, Strategy stock price could surge by 70%

Analysts believe that Bitcoin-related company MicroStrategy (MSTR), which has experienced a pullback, may be forming a bottom, and if Bitcoin prices resume their upward trend, the stock could rebound to $200. MSTR is currently trading at approximately $134, with nearly 50% potential upside. Bitcoin's price movements and changes in regulatory policies will directly affect the company's stock performance.

Wintermute Suggests Bitcoin Miners Convert BTC Holdings into Yield-Bearing Assets to Counter Profitability Pressures

Wintermute notes that Bitcoin miners face profitability challenges due to reduced income after the halving and high energy costs, recommending that miners proactively manage their BTC holdings by adopting strategies such as using derivatives and lending protocols to enhance returns in response to market pressure.

Miner profits under pressure! Wintermute states that Bitcoin mining companies must shift to AI or activate BTC asset yields.

Wintermute reports that Bitcoin miners face declining revenue pressure, with traditional mining profitability difficult to increase. Mining enterprises are considering transitioning to AI computing power business to maintain competitiveness, but this requires substantial capital investment. The report believes this profitability pressure differs from previous cycles and resembles more of an industry structural adjustment. The industry is expected to become more concentrated and efficient.

Bitcoin Regulatory Controversy Escalates: BPI Criticizes Basel Rules for Treating BTC as "Toxic Asset"

The Bitcoin Policy Institute (BPI) opposes the Basel Committee's high risk weighting standards set for Bitcoin, arguing that this will restrict banks from participating in crypto asset businesses. The BPI is calling on U.S. regulators to reassess Bitcoin's risk classification, pointing out that the current framework treats it as a "toxic asset," significantly increasing the cost for banks to hold Bitcoin. This issue could impact traditional financial institutions' strategies in the digital asset space.

Robert Kiyosaki Warns of 2026 Market Crash, Recommends Bitcoin, Gold and Oil

Robert Kiyosaki, author of Rich Dad Poor Dad, has issued a warning that a historic global stock market crash could begin in 2026, linking the potential downturn to unresolved structural issues from the 2008 financial crisis and rising global debt levels.