Bitcoin's BTC$64,649.37 rally on Tuesday petered out as investors considered a weaker-than-forecast U.S. inflation figure wasn't enough to prompt a Federal Reserve interest-rate cut.
Leading asset management firm BlackRock has suspended its long-running Bitcoin selling streak as the Bitcoin ETF market appears to be regaining momentum, causing it to make bullish Bitcoin moves in recent days.
Japan's House of Councillors passed an amendment to the Financial Instruments and Exchange Act, which officially recognizes cryptocurrencies as financial products rather than payment tools.With this, the country is now planning to cut crypto taxes from 55% to 20% and open the door to Bitcoin ETFs.