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5 hours ago

Bitcoin shows strong long-term confidence as HODLers remain steadfast, with experts suggesting its true value exceeds $110,000. Meanwhile, the market consolidates, with traders eyeing key support levels.

Taxing Bitcoin ‘doesn’t make a ton of sense’ — Fund manager

CointelegraphSunday, July 6, 2025 at 3:34:09 AM
Taxing Bitcoin ‘doesn’t make a ton of sense’ — Fund manager
A fund manager, Bill Miller IV, argues that taxing Bitcoin is illogical because the government doesn’t actively support or maintain the cryptocurrency—unlike traditional systems where taxes fund services. His stance taps into the broader debate about how decentralized assets should fit into existing tax frameworks.
Editor’s Note: This isn’t just about Bitcoin—it’s a clash between old-school tax policies and the decentralized nature of crypto. If governments can’t easily tax digital assets, it could force a rethink of how value is tracked and taxed in a world where money isn’t always tied to a central authority. For crypto holders, it’s a potential win; for regulators, a headache.
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China's semiconductor industry is growing fast—so fast that experts predict it'll surpass Taiwan's chipmaking capacity by 2030, becoming the world's top foundry hub. This shift is driven by China's aggressive push to make its own tech, especially as U.S. export controls tighten.
Editor’s Note: This isn't just about bragging rights—it's a big deal for global tech and geopolitics. If China dominates chip production, it could reshape supply chains, reduce reliance on Western tech, and intensify tensions over Taiwan, which currently holds a critical role in semiconductor manufacturing. For consumers, it might mean cheaper chips, but also potential trade wars or supply hiccups down the line.
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The TON Foundation is rolling out a new program where holders of its cryptocurrency, Toncoin, can apply for the UAE’s coveted Golden Visa—a long-term residency permit that offers perks like tax benefits and ease of travel. This move ties crypto ownership directly to real-world privileges, signaling a growing trend of digital assets intersecting with government-backed incentives.
Editor’s Note: This isn’t just another crypto promo—it’s a big deal because it bridges the gap between blockchain and mainstream legitimacy. The UAE’s Golden Visa is a golden ticket for many, and linking it to Toncoin could drive adoption while giving crypto holders tangible advantages. It also hints at how governments might increasingly use crypto as a tool for economic policy, blurring the lines between digital and traditional finance.
Bitcoin’s True Value Is Higher Than $110,000, Expert Warns
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Bitcoin just smashed past $110,000, sparking fresh hype—but some experts argue it’s still undervalued. Prices dipped slightly in the last day but are up over the week, fueling debates on whether this rally has legs or if a pullback is looming. Social media’s buzzing with bulls claiming Bitcoin’s true worth is even higher, while skeptics eye those key support levels nervously.
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Bitcoin is showing strong signs of long-term investor confidence, with key metrics suggesting holders aren’t rushing to sell even as prices flirt with all-time highs. Despite falling just short of breaking the $112,000 record last week, the market’s resilience above critical support levels hints at a potential surge into uncharted territory if bulls can lock in a solid weekly close.
Editor’s Note: This isn’t just another price swing—it’s a signal that Bitcoin’s most committed investors are digging in, which could mean bigger moves ahead. If long-term holders refuse to cash out during near-record highs, it suggests they’re betting on even loftier prices, adding fuel to the rally. For crypto watchers, that’s a big deal: it turns speculative buzz into something more concrete.
TON offers 10-year UAE golden visa for $100K in staked Toncoin
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The TON blockchain is offering a sweet deal for crypto enthusiasts looking to relocate to the UAE—stake $100,000 worth of Toncoin, and you could snag a 10-year "golden visa," which typically costs way more. This cuts the usual financial requirement by a whopping 80%, making it a lot more accessible for digital asset holders.
Editor’s Note: For crypto investors eyeing long-term residency in the UAE, this is a game-changer. The golden visa is a big deal—it grants stability, tax benefits, and business opportunities in a major global hub. By tying it to staked Toncoin, TON is not just boosting adoption but also giving crypto holders a tangible real-world perk. It’s a clever move that could draw more attention (and money) into their ecosystem.

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