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Crypto Taxes: Everything You Need to Know (2025 Edition)

Cryptocurrency has gone mainstream—whether you’re trading Bitcoin, minting NFTs, or yield farming on DeFi platforms, digital assets are no longer flying under the radar. But with greater adoption comes tighter regulation. In 2025, crypto taxes are unavoidable in most countries, and understanding how they work is critical for staying compliant—and keeping more of your gains. This comprehensive guide explains how crypto taxes work, what’s changed in 2025, and how to make your crypto tax reporting. Do You Have to Pay Taxes on Crypto? In most countries, yes. Even though crypto isn’t considered legal tender in most jurisdictions, it is usually treated as property, assets, or digital commodities—and that means it’s taxable. Simply buying and holding crypto isn’t taxable. But when you sell, swap, spend, or earn crypto, you may have to pay taxes. Crypto Tax Laws by Country Crypto taxation varies significantly from one country to another. Some treat digital assets like stocks. Others like property. A few don’t tax them at all. Here’s how some of the world’s major economies—and tax havens—approach crypto in 2025. United States The IRS treats cryptocurrency as property. Selling, swapping, or spending crypto triggers capital gains tax, while earning crypto through mining, staking, or airdrops is taxed as income. Capital Gains Tax Rates: Short-term (held ≤ 1 year): taxed as ordinary income (10%–37%) Long-term (held > 1 year): taxed at 0%, 15%, or 20%, based on income Income Tax: Mining, staking, airdrops, or payments in crypto are taxed as ordinary income when received. What’s New: Crypto exchanges must issue Form 1099-DA, reporting sales to the IRS and users. Cost basis reporting will become mandatory in 2026. DeFi platforms and self-custody wallets are currently not required to report, but users remain responsible for compliance. The IRS is increasing enforcement, and crypto tax non-compliance may result in audits, penalties, or criminal charges. United Kingdom The UK classifies crypto as property and applies Capital Gains Tax (CGT) to disposals, while income from crypto (e.g., mining, staking, or getting paid) is subject to Income Tax. Capital Gains Tax: 18% for basic-rate taxpayers 24% for higher/additional-rate taxpayers Annual CGT exemption is now just £3,000 Income Tax: Crypto earned from work, services, mining, or staking is taxed as income at 20%, 40%, or 45%. HMRC also uses share pooling rules and the 30-day rule to calculate gains. DeFi tax guidance is currently under review, with new legislation expected soon. European Union There is no unified EU crypto tax law—each country sets its own rules: France: 30% flat tax on crypto-to-fiat gains. Crypto-to-crypto is not taxed. Germany: Crypto held over one year is completely tax-free. Short-term gains are taxed as income. Italy: 26% flat tax on gains above €2,000. A proposed law may raise this to 42%. Portugal: Crypto gains are tax-free if the assets are held for over a year. Short-term gains are taxed at 28%. What’s Coming: By 2026, DAC8 will require all EU crypto platforms to report user transactions to tax authorities—similar to the U.S. 1099-DA. Canada Canada treats cryptocurrency as a commodity, not legal tender or foreign currency. Crypto is taxed under Capital Gains Tax or Income Tax, depending on use. Investors: Capital gains apply when you sell or trade crypto. Only 50% of the gain is taxable at your marginal income rate. Traders and Miners: If you trade frequently or operate a crypto-related business, profits may be taxed as business income (100% taxable). Crypto Income: Earnings from mining, staking, or receiving crypto for goods/services are taxed as income at the full marginal rate. Canada Revenue Agency (CRA) requires clear records of every transaction, including fiat values and wallet details. Crypto-to-crypto trades are also taxable. Japan Japan taxes cryptocurrency as miscellaneous income for individuals, not capital gains. This places crypto under higher progressive tax rates. Income Tax: Profits from trading, mining, or earning crypto are taxed up to 55% (national + local) depending on total income. No distinction between long-term and short-term gains. Crypto-to-crypto transactions are also taxable events. Crypto Tax Havens: Where Crypto Gains Aren’t Taxed Some countries offer zero or minimal tax on crypto gains, especially for long-term holders or qualified residents. Note: Tax residency, minimum stay requirements, and compliance with local laws are essential to benefit from these regimes legally. What’s Next for Crypto Taxes? Crypto taxation is evolving fast, and 2025 is just the beginning. Here’s what to expect going forward: 1. Global Reporting Standards: Governments are tightening oversight. The U.S. has introduced Form 1099-DA, and the EU’s DAC8 directive will require platforms to report user data across borders by 2026. International frameworks like the OECD’s CARF are also gaining traction. 2. DeFi and NFTs Under Review: Expect clearer tax rules on staking, lending, liquidity pools, and NFTs. Many jurisdictions are drafting legislation to close current gaps in DeFi taxation. 3. Smarter Tech, Less Anonymity: Blockchain analytics and AI-powered tax tools are making it easier for tax agencies to trace and audit crypto activity—especially across centralized and decentralized platforms. 4. Rise of Crypto-Friendly Jurisdictions: More countries are offering tax incentives, digital nomad visas, and crypto hubs to attract talent and capital—while others may introduce stricter exit or wealth taxes. 5. From Avoidance to Optimization: As rules become clearer, the focus will shift to legal tax strategies: long-term holding, loss harvesting, and smart residency planning. Make Tax Reporting Easier with Bitget Tax API For crypto investors, one of the biggest challenges isn’t knowing that crypto is taxable—it’s tracking and organizing all the transactions needed for accurate reporting. With growing tax obligations and stricter enforcement globally, keeping clean records has become essential. To simplify this process, Bitget has introduced a dedicated Tax API that helps users retrieve and organize their trading history across the platform for tax reporting. What the Bitget Tax API Offers Secure Access to Transaction Data: Once users enable Google 2FA and create an API key, they can automatically retrieve their full transaction history—no more manual exports. Seamless Partner Integration: Bitget integrates with trusted crypto tax tools like KoinX, allowing users to sync data directly and generate detailed, compliant tax reports. Faster, Error-Free Filing: With all trading records formatted and imported into tax software, users can reduce reporting errors and avoid potential audits or penalties. How to Use It Log in to Bitget and navigate to the Tax API section. Enable Google 2FA and generate a new API key. Connect to a tax partner (e.g., KoinX) and begin syncing your data. Generate reports based on your location’s tax rules and submit accordingly. As crypto tax rules become more rigorous, tools like Bitget’s Tax API are essential for staying compliant while minimizing administrative burden. Final Thoughts Crypto taxation may feel complex, but it’s a sign of the industry’s growth and permanence. As governments refine their policies, investors and builders alike are gaining the clarity they need to operate responsibly and strategically. Staying informed is no longer optional — it’s part of being a modern crypto participant. Understanding how, when, and where your crypto is taxed is now just as important as knowing when to buy or sell. Fortunately, the tools and guidance available are improving. With more standardized rules, automated reporting solutions, and growing support from exchanges like Bitget, crypto users have what they need to stay compliant without getting overwhelmed. In this next chapter of digital finance, those who plan ahead — and treat taxes as part of their long-term strategy — will be best positioned to thrive. Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions.

Mind Network (FHE): Pioneering Data Security in the Web3 Era

What is Mind Network (FHE)? Mind Network (FHE) is a pioneering project focused on creating a Fully Encrypted Web. At its core, Mind Network is using cutting-edge technology called Fully Homomorphic Encryption (FHE) to secure data and computations in a way that hasn't been done before. It aims to create a world where online activities, including data sharing, financial transactions, and interactions with AI, are fully encrypted and private. In short, Mind Network is striving to build a Zero Trust Internet Protocol (HTTPIZ), which means no one—whether it’s hackers, government agencies, or other unauthorized parties—can access your data without permission. Unlike traditional encryption, which encrypts data before it’s sent or stored and decrypts it for processing, FHE allows data to be processed and analyzed while it is still encrypted. This is a game-changer because it means sensitive information can remain secure throughout the entire process, even during computations performed by third-party systems. The Mind Network's technology is designed to work across various sectors like AI, DeFi, gaming, and modular blockchain chains. This makes it a crucial player in the future of decentralized technologies, which depend on the security and privacy of their users. Who Created Mind Network (FHE)? The visionaries behind Mind Network bring a wealth of expertise from various domains: ● Mason Song, CEO: With a deep understanding of the digital landscape, Mason leads the charge in advocating for data privacy and security. His leadership is instrumental in driving the platform's mission forward. ● George, CTO: A former researcher at Cambridge University, George's cryptographic research has been adopted by the UK government and major banks, underscoring his profound impact on the field. ● Dennis, CSO: Known for his groundbreaking work as a white-hat hacker, Dennis made history by breaching Tesla's security in 2014, highlighting his commitment to identifying and rectifying security vulnerabilities. The team is further strengthened by seasoned entrepreneurs, acclaimed scientists, and Web3 marketing veterans, all united by a shared commitment to revolutionizing data security. What VCs Back Mind Network (FHE)? Mind Network's innovative approach has attracted significant investment from prominent venture capitalists such as Animoca Brands, Arkstream Capital, Cogitent Ventures, G Ventures, MH Ventures, Master Ventures, Moonhill Capital, SwissBorg Ventures, IBC Group, Binance Labs, Comma3 Ventures, SevenX Ventures, HashKey Capital, Big Brain Holdings, Arweave SCP Ventures, Mandala Capital, etc. How Mind Network (FHE) Works Mind Network's technology focuses on Fully Homomorphic Encryption (FHE) and its application in creating a Fully Encrypted Web. Let’s break down how Mind Network works and why it’s so revolutionary. Fully Homomorphic Encryption (FHE) FHE is a complex but powerful cryptographic technique that allows data to remain encrypted while being processed. This means that, unlike traditional encryption systems, data does not need to be decrypted in order for it to be used, analyzed, or processed by various applications or systems. Here’s an example of how this works in practice: Let’s say you want to perform a calculation on a set of sensitive data, such as your medical history. In traditional encryption, the data would need to be decrypted before it could be analyzed, which creates a potential security risk. However, with FHE, the data remains encrypted, and the calculation is performed on the encrypted data itself, meaning no one can access the sensitive details unless they have the proper decryption keys. FHE is a game-changer for privacy because it allows computations to happen on sensitive data without exposing it to the outside world. This is particularly important for industries like AI, where vast amounts of data are processed to create machine learning models, and DeFi, where privacy and security are essential for trustless financial transactions. Products AgenticWorld Mind Network’s AgenticWorld is a product that helps to leverage the power of FHE in the context of AI and dApps. It allows the creation of secure, privacy-preserving AI agents that can operate autonomously within the Mind Network. These agents can perform tasks such as data processing and analysis without ever exposing sensitive information. In a world where AI is increasingly becoming part of daily life, having AI systems that are both effective and secure is crucial. AgenticWorld ensures that these AI agents can perform their functions without compromising privacy, providing a higher level of security for users. MindChain Another critical component of Mind Network is MindChain. MindChain is a blockchain built on the principles of FHE, designed to securely store data and handle transactions in a decentralized way. By using MindChain, users can ensure their transactions and data interactions remain private and secure, even in the world of open, public blockchains. FHEBridge On the other hand, FHEBridge serves as a cross-chain protocol that allows interoperability between different blockchain systems while maintaining the security and privacy that FHE provides. This is essential for the growth of DeFi and other blockchain applications that require secure cross-chain communications. FHE Token: The Heart of Mind Network’s Economy The FHE token is central to Mind Network’s ecosystem, acting as both a governance tool and a payment method. Token holders can influence key decisions like protocol upgrades and ecosystem changes, ensuring decentralized control. The FHE token is also used to pay for transaction fees across Mind Network services, including MindChain and AgenticWorld. Beyond transactions, FHE tokens can be staked to help secure the network, allowing users to earn additional tokens as an incentive. By participating in staking or contributing to privacy-preserving computations, token holders can also benefit from the value generated by the network. This integration of the FHE token supports a sustainable, decentralized, and flexible ecosystem. FHE Goes Live on Bitget Mind Network is creating a foundation for tomorrow’s internet. As we move towards a more decentralized and trustless world, the importance of privacy and security will only continue to grow. By ensuring that data can be processed securely while maintaining privacy, Mind Network opens up possibilities for new, innovative applications in areas like DeFi, AI, gaming, and beyond. As the world becomes increasingly digital, the importance of projects like Mind Network in ensuring a safe, secure, and private online environment cannot be overstated. We are thrilled to announce that Mind Network (FHE) will be listed in the Innovation, Web3 and AI Zone. Listing date: 10 April 2025 Trade FHE on Bitget now! Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions.

What Is a Central Bank Digital Currency (CBDC)?

Imagine a world where the cash in your pocket no longer exists in physical form but as a secure, digital currency that you can access anytime, anywhere, with just a smartphone or computer. This future is closer than you might think, as Central Bank Digital Currencies (CBDCs) are gaining momentum around the globe. As of now, over 130 countries—representing more than 95% of the global GDP—are exploring or piloting CBDCs, signaling a revolutionary shift in the way we think about money. But what exactly are CBDCs, and how will they change our financial systems, daily transactions, and even the role of traditional banks? This article explores what CBDCs are, how they work, the potential benefits they offer, the challenges they pose, and how they are shaping the future of money. What Is Fiat Money and Why Is It Important for CBDCs? To fully understand CBDCs, it’s important to first grasp the concept of fiat money. Fiat money refers to a currency that has no intrinsic value but is deemed valuable because a government declares it to be legal tender. Unlike commodities like gold or silver, which have inherent value, fiat money gets its worth from the stability and authority of the government behind it. The U.S. dollar, the euro, and the British pound are all examples of fiat money, and they are universally accepted as a means of payment. CBDCs are digital versions of this same fiat money, but with a crucial difference: while physical cash is becoming less popular, digital currencies are taking over as the preferred mode of payment. Central banks are exploring CBDCs to create digital currencies that will continue to carry the same legal weight as paper money but in a more modern, efficient format. CBDCs aim to offer the same level of trust, stability, and security that fiat currencies have, while providing the convenience of a digital, faster, and more secure payment system. What Is a Central Bank Digital Currency (CBDC)? A Central Bank Digital Currency, or CBDC, is a digital form of a nation's official currency issued and regulated by the central bank. Unlike cryptocurrencies such as Bitcoin, which operate independently on decentralized networks using blockchain technolog, CBDCs are centralized and are fully backed by the authority and trust of the central bank. This makes them legal tender, meaning they must be accepted for payment for all debts and financial obligations within a country. CBDCs are designed to work within the existing financial system, and their primary purpose is to make digital payments safer, faster, and more efficient. While physical cash remains essential in many parts of the world, digital payments are growing at an exponential rate. In fact, global mobile payments are projected to surpass $26.53 trillion by 2032. As cash usage declines, the need for a reliable and secure digital currency backed by the government has become more pressing. CBDCs are the answer to this growing demand for digital currency solutions. Types of CBDCs There are two main types of CBDCs: retail CBDCs and wholesale CBDCs. Both types aim to modernize payment systems, but they serve different purposes and target different users. Retail CBDCs Retail CBDCs are digital currencies designed for use by the general public, including consumers and businesses. These digital currencies function like cash but in digital form. They are intended to be used for everyday transactions, such as paying for goods and services, transferring money between individuals, or making online purchases. Retail CBDCs can be accessed through digital wallets or mobile apps linked to an individual’s bank account. Retail CBDCs can be further divided into two types: Account-Based Retail CBDCs: In this system, users hold accounts directly with the central bank or through authorized intermediaries, such as commercial banks. Transactions are recorded in centralized databases, and access to the currency is secured by personal identification methods. This model allows central banks to monitor transactions more closely and ensure compliance with regulatory standards, but it may raise concerns about privacy and data security. Token-Based Retail CBDCs: In this model, users hold digital tokens that represent units of the currency. These tokens can be transferred peer-to-peer, much like physical cash, and transactions are designed to be anonymous and decentralized. Token-based CBDCs aim to offer the privacy of cash transactions while retaining the security of digital payments. Wholesale CBDCs Wholesale CBDCs are digital currencies designed primarily for financial institutions, such as commercial banks and payment processors. These currencies facilitate large-value transactions and improve the efficiency of interbank payments and settlements. Wholesale CBDCs are primarily used by financial entities to conduct large-scale transactions more securely, reducing settlement times and lowering transaction costs, especially for cross-border payments. While wholesale CBDCs won’t be used by the general public, they are critical in improving the overall efficiency of the financial system. They help streamline processes and enable faster and more secure transactions between financial institutions. How CBDCs Work CBDCs are not simply digital versions of cash; they are designed to offer a range of benefits and features that set them apart from traditional currencies. Centralized Control The most defining feature of a CBDC is that it is centralized. This means that the central bank or government has complete control over the issuance, distribution, and regulation of the currency. In contrast, cryptocurrencies like Bitcoin are decentralized, meaning they are not controlled by any central authority. Centralized control ensures that CBDCs can be integrated into existing monetary systems and allow for the implementation of monetary policies. Digital Nature CBDCs exist only in digital form, meaning they do not have a physical counterpart like banknotes or coins. This makes them easier to use and transfer, particularly in a world that is increasingly reliant on digital payments. As digital assets, CBDCs can be easily stored in digital wallets and transferred electronically between individuals, businesses, and institutions. The digital nature of CBDCs also allows for faster and more efficient transactions, which is particularly important in the context of an increasingly globalized and interconnected economy. Legal Tender Status CBDCs are considered legal tender, which means they are recognized by law as an official form of payment. This gives them the same status as physical currency, meaning they can be used to settle debts and financial obligations within a country. While cryptocurrencies are not recognized as legal tender in most countries, CBDCs would have the force of law behind them, making them universally accepted within the national economy. Security and Privacy Security is a key feature of CBDCs. Central banks and governments are keen to ensure that CBDCs are secure from fraud, hacking, and other cyber threats. Advanced cryptographic techniques are used to protect CBDC transactions, ensuring that they are tamper-proof and traceable. However, privacy is a key consideration as well. While CBDCs offer greater security than physical currency, the degree of privacy they afford users may vary depending on the type of CBDC and the regulatory framework governing it. The Benefits of CBDCs Improved Payment Efficiency CBDCs could make payment systems more efficient by reducing transaction costs and settlement times. Unlike traditional payment methods, which require intermediaries such as banks or payment processors, CBDCs would allow for direct transactions between users and central banks, eliminating these intermediaries and speeding up the payment process. Financial Inclusion CBDCs have the potential to improve financial inclusion by providing digital access to money for people who are unbanked or underbanked. According to the World Bank, approximately 1.4 billion adults globally do not have access to a bank account. By offering a digital alternative to cash, CBDCs can provide people with a safe, secure, and easily accessible means of participating in the financial system. Enhanced Monetary Policy CBDCs provide central banks with new tools for implementing monetary policy. By having a digital currency that can be directly monitored and regulated, central banks can more easily control the money supply, manage inflation, and implement measures such as negative interest rates or direct stimulus payments. Reduced Risk of Financial Crimes Since CBDC transactions are traceable and recorded on secure digital ledgers, they could help reduce the risk of money laundering, tax evasion, and other financial crimes. Governments could more easily track and monitor transactions, making it harder for criminals to use the financial system for illicit activities. The Challenges of CBDCs Despite their potential benefits, CBDCs also come with several challenges and risks that must be addressed: Privacy Concerns One of the primary concerns surrounding CBDCs is the potential loss of privacy. Unlike cash, which is anonymous, CBDC transactions could be monitored by governments and central banks. This raises concerns about surveillance and the potential for misuse of personal financial data. Cybersecurity Risks As digital assets, CBDCs are susceptible to cyberattacks and fraud. Ensuring the security of CBDC systems will be critical to their success. Any breach or hack could undermine public trust in the system and potentially lead to financial instability. Impact on Traditional Banks The introduction of CBDCs could disrupt the traditional banking system. If consumers and businesses shift their deposits from commercial banks to digital wallets, it could affect the ability of banks to lend and create credit, potentially leading to liquidity issues. Implementation Costs Developing and implementing CBDCs involves significant costs, including investments in technology, infrastructure, and regulatory frameworks. Governments and central banks will need to ensure that the benefits outweigh the costs and that the system is accessible and user-friendly for everyone. The Global Race to Launch CBDCs If you wonder, has any country launched a CBDC yet? The answer is yes—several countries have already introduced Central Bank Digital Currencies (CBDCs). As of early 2025, the following nations have rolled out their own digital currencies: The Bahamas: Launched the "Sand Dollar" in October 2020, becoming the first country to issue a CBDC. Jamaica: Introduced the "Jam-Dex" in July 2022, recognizing it as legal tender. Nigeria: Launched the "e-Naira" in October 2021, aiming to enhance financial inclusion and payment efficiency. China: Developed the digital yuan, also known as the digital renminbi (e-CNY), with extensive pilot programs and trials across various cities.India: Initiated the "Digital Rupee" pilot project in November 2022, with plans for broader implementation. Russia: Launched the "Digital Ruble" pilot program, aiming to modernize the payment system. Brazil: Developed the "Drex," with testing phases initiated in March 2023. Eastern Caribbean Currency Union (ECCU): Introduced "DCash" in March 2021, serving multiple island nations. Sweden: Launched the "e-krona" pilot project to explore digital currency options. South Korea: Initiated the "Digital Won" pilot program to assess the feasibility of a digital currency. United Arab Emirates: Developed the "Digital Dirham" as part of a broader CBDC strategy. CBDCs vs. Cryptocurrencies Central Bank Digital Currencies (CBDCs) and cryptocurrencies are both exciting developments in the world of digital money, but they each come with their own unique flavor. CBDCs are like a digital version of the cash you already know and use, but with a twist—these are issued and controlled by a country's central bank. This means they’re officially recognized as legal tender and are backed by the government, making them stable and secure. Countries like China and the Bahamas have already launched their own CBDCs, with more countries jumping on board, eager to modernize their financial systems and make payments faster and more inclusive. Cryptocurrencies, on the other hand, are the rebels of the digital currency world. With names like Bitcoin and Ethereum, they run on decentralized networks, meaning there’s no government or central bank in charge. Instead, transactions are validated by a global network of computers using blockchain technology. While this gives cryptocurrencies a lot of freedom and privacy, it also comes with some wild price swings. One minute, the value could skyrocket, and the next, it could plummet. For some, the risk is worth the reward, but for others, it’s a bit too unpredictable. So, while CBDCs offer stability and government backing, cryptocurrencies offer freedom and the potential for big gains—or losses. Conclusion Central Bank Digital Currencies represent a significant evolution in the digitalization of money, offering potential benefits such as improved payment efficiency, financial inclusion, and enhanced monetary policy tools. However, they also present challenges related to privacy, cybersecurity, and financial stability. As countries continue to explore and develop CBDCs, careful consideration of these factors will be essential to ensure that the advantages are realized while mitigating potential risks. The future of money is digital, and CBDCs could play a central role in shaping that future. Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions.

The Official TRUMP Meme Coin: What It Is, How to Buy, and Airdrop Events

The cryptocurrency world has seen countless meme coins come and go, but few have had the impact or the publicity of the Official TRUMP Meme Coin. Launched by the 45th President of the United States, Donald Trump, the coin has captured the attention of both crypto enthusiasts and political supporters alike. Let’s dive into what the TRUMP meme coin is, how to buy it on Bitget, and the exciting airdrop event surrounding it. Key Takeaways ● The Official Trump Meme Coin (TRUMP) was launched to celebrate Donald Trump’s presidential victory and upcoming inauguration, gaining significant attention and reaching a market cap of $11.7 billion within three days. ● Built on the Solana blockchain, TRUMP offers fast transactions and low fees, with an initial supply of 200 million tokens set to increase to 1 billion over three years, but 80% is controlled by Trump-affiliated entities. ● Early supporters were rewarded with an airdrop, and those who purchased Trump-branded merchandise were also eligible for free tokens. ● While TRUMP has gained momentum, its future depends on political events, public sentiment, and its community's engagement, with risks inherent in the volatility of meme coins. What is the Official Trump (TRUMP) Meme coin? The Official Trump Meme (TRUMP) is a meme coin created by Donald Trump to celebrate his presidential election victory and upcoming inauguration for a second term. Despite its lighthearted branding, the TRUMP token has proven to be a serious contender in the crypto world, boasting a market capitalization of $11.7 billion within just three days of its launch. The coin is built on the Solana blockchain, a popular platform known for its fast transactions and low fees. The coin's launch was heavily publicized through Donald Trump’s official social media accounts, including Truth Social and X (formerly Twitter). Trump’s announcement read: “My NEW Official Trump Meme is HERE! It’s time to celebrate everything we stand for: WINNING! Join my very special Trump Community. GET YOUR $TRUMP NOW.” This was followed by promotions offering rewards such as an airdrop for the first 2,500 participants. While the project has drawn significant attention and achieved rapid market gains, reactions have been mixed. Supporters view it as a bold move to energize Trump’s base, while critics question its ethical implications and long-term viability. Buy TRUMP now with a Credit/ Debit Card or Crypto! Who created the Official Trump Meme Coin ($TRUMP)? The TRUMP Meme Coin was partly coordinated by CIC Digital LLC, a company affiliated with Trump’s business empire, The Trump Organization. Another key player behind the coin is Fight Fight Fight LLC, a Delaware-based company established earlier this month. Both entities hold 80% of the token’s total supply, giving them significant control over the coin's future direction. While the exact identities of the developers behind TRUMP remain unclear, it is evident that the project benefits from Trump’s massive global following and the branding power of his name. The coin’s website uses imagery and slogans associated with Trump’s political career, such as references to his resilience following an attempted assassination and his iconic rallying cries like “WINNING.” How The Official Trump Meme ($TRUMP) Works The TRUMP Meme Coin was launched with an initial supply of 200 million tokens, which will expand to 1 billion tokens over the next three years. This gradual increase in supply is designed to ensure liquidity while maintaining scarcity, a factor that often drives up the value of cryptocurrencies. One unique feature of TRUMP is its meme-based appeal. Unlike traditional cryptocurrencies such as Bitcoin or Ethereum, which are often used for financial transactions or building decentralized applications, meme coins rely heavily on social media buzz and community engagement. In the case of TRUMP, the coin has gained momentum through its association with Donald Trump’s larger-than-life persona and his promise to make America the “crypto capital of the planet.” The coin’s website explicitly states that TRUMP is not intended as an investment opportunity or a security. Instead, it positions itself as a “fun and celebratory token” that reflects Trump’s vision for the future of cryptocurrency. However, the token’s soaring price and trading volume—reaching $52.5 billion in 24 hours—suggest that many investors see significant financial potential in this new digital asset. Adding to the excitement is the launch of a separate cryptocurrency by Melania Trump, called MELANIA, which has also gained traction in the market. Together, the two tokens have created a family-driven crypto phenomenon that has captured the public’s imagination. While the TRUMP Meme Coin has generated significant excitement, it also raises important ethical and regulatory questions. Critics argue that public figures like Trump wield enormous influence in speculative markets, which could lead to manipulation or unfair practices. Some analysts worry that the coin’s popularity is driven more by hype than by real-world utility, making it a risky investment for those hoping to profit from its rise. The coin’s ownership structure is another point of concern. With 80% of the tokens held by Trump-affiliated companies, there is a lack of decentralization, which goes against one of the core principles of cryptocurrencies. This concentration of ownership could lead to price manipulation or other issues in the future. The Community Behind TRUMP Coin The community surrounding the TRUMP meme coin plays a vital role in its growth and success. It consists of a mix of Trump supporters and crypto enthusiasts who share a common interest in the coin’s future. This community thrives on social media platforms like Twitter, Reddit, and Telegram, where they engage in discussions, share memes, and even organize events to promote the coin. A strong community can make or break the success of a meme coin, and the TRUMP coin has seen enthusiastic participation from its members. It’s not just about financial gain—many supporters view the coin as a form of political activism, using it to rally behind Trump’s vision for the future. Is $TRUMP Legit? OFFICIAL TRUMP is widely believed to be legitimate, with its launch announced through Donald Trump’s verified social media accounts and backed by entities like CIC Digital LLC, which also managed his previous NFT projects. The project’s infrastructure and tokenomics, including a controlled release schedule, align with its claims of being an official venture. Despite these signs, concerns remain over its centralized ownership, meme coin volatility, and potential regulatory scrutiny. While no evidence suggests Trump’s accounts were compromised, the speculative nature of the project urges investors to proceed with caution and conduct thorough research. TRUMP’s Impact on Cryptocurrency Markets TRUMP’s initial launch was explosive. The price surged rapidly, reaching as high as $75.26 in just a few hours. However, as with most meme coins, the price didn’t stay high for long. It later stabilized around $11.42, showing the typical volatility of meme coins. Along with the TRUMP coin, MELANIA, a separate coin launched by Melania Trump, also joined the crypto market. The introduction of both coins caused a temporary network congestion on the Solana blockchain, though it managed to avoid complete outages. This showed just how much interest there was in these new tokens. Meme coins will always be susceptible to new tokens stealing their thunder, and the rise of TRUMP may have hurt many of the most established names. DOGE fell 6%, SHIB lost 7.5%, PEPE dropped 10.5%, and WIF fell 8%, respectively, when TRUMP hit markets. Bitcoin (BTC) traditionally drives crypto markets but might be along for the ride this time, reaching a new ATH of $109,319.46 on 20 January 2025 before a quick drop after the inauguration. Some speculate that President Trump’s launching of a meme coin proved his interest in crypto, fuelling BTC’s price surge. Others argue that BTC was destined to rise ahead of Trump’s inauguration, and the new meme coins hurt by absorbing capital that otherwise would have gone into Bitcoin. As of March 25 2025, the TRUMP meme coin has settled into a price of $11.42 per token. Although it experienced a meteoric rise shortly after launch, its value has shown typical volatility, common among meme coins. Current Price: $11.42 24-Hour Trading Volume: $613 million Market Capitalization: $2.31 billion Circulating Supply: 200 million tokens This volatility reflects the speculative nature of meme coins. Investors often see the potential for quick profits but should be cautious about the risks involved. The Official Trump (TRUMP) Meme coin Airdrop To generate excitement and reward early supporters, the TRUMP meme coin launched an airdrop campaign. The first 2,500 participants who joined the Trump community were given free tokens, which was a great way for newcomers to get involved without spending money. In addition to this, people who bought Trump-branded merchandise such as digital trading cards, watches, and sneakers before February 15, 2025, were also eligible for the airdrop. The airdrop allowed participants to claim three TRUMP tokens valued at around $50. This initiative was well-received by Trump supporters and crypto fans alike, sparking a surge in the coin’s popularity. You can visit the official TRUMP airdrop page to see more details on how to participate in $TRUMP Airdrop. How to Trade and Buy the Official Trump (TRUMP) Meme coin? If you’re looking to get your hands on TRUMP, Bitget provides an easy and secure platform to buy, sell, and trade this meme coin. Here’s a step-by-step guide on how to buy TRUMP on Bitget’s Spot Market and Futures Market: How to Buy TRUMP on Bitget You can quickly buy TRUMP with a credit/debit card on the Bitget platform. Step 1: Head to the Buy crypto with Credit/ Debit card page; Step 2: Enter the amount and click Buy TRUMP to proceed. Learn more: Guide on how to buy cryptos with credit/debit cards How to Trade TRUMP on Bitget You can also trade OFFICIAL TRUMP (TRUMP) on Bitget Spot and Futures markets. Check out the details below: Trade TRUMP on Bitget Spot Step 1: Go to TRUMP spot trading page; Step 2: Enter the amount and the type of order, then click Buy/Sell. Trade TRUMP today! Trade TRUMP on Bitget Futures For those who want to trade with leverage, Bitget also offers TRUMP trading on its Futures Market. This allows you to take a position on TRUMP’s price movements without owning the token directly. Step 1: If this is the first time you trade Bitget Futures, make sure you transfer funds from your Spot account to your Futures account before proceeding; Step 2: Choose your favorite type of TRUMP coin futures products: Bitget USDT-M or Bitget USDC-M; Step 3: Enter the details to complete your order. Trade TRUMP on Bitget USDT-M and Bitget USDC-M today! Conclusion: What Lies Ahead for $TRUMP? Looking ahead, the TRUMP meme coin’s value will likely continue to be influenced by political events, endorsements from Trump, and the broader sentiment around meme coins in the cryptocurrency market. With its strong community and political backing, it could continue to gain attention and see price fluctuations accordingly. Having a meme coin endorsed by the sitting President of the United States is unprecedented. However, as with all meme coins, its future remains uncertain. Meme coins are highly speculative, and their success is often driven more by hype than actual utility. If you’re ready to take part in this high-risk, high-reward venture, Bitget offers a user-friendly platform to buy and trade $TRUMP! Just remember to approach with caution and always be prepared for the volatility that meme coins bring. Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading guidance. Qualified professionals should be consulted prior to making financial decisions.

What Is Treasure NFT? The World’s First Algorithmic NFT Marketplace Explained

Non-fungible tokens, better known as NFTs, have quickly grown from a niche trend into a major part of the global digital economy. What began as a way to buy and sell digital artwork has expanded into something much larger, now including virtual real estate, gaming items, music rights, and more. NFTs have opened new possibilities for creators and collectors by offering a way to prove ownership and authenticity on the blockchain. Yet, as fast as the market has grown, it has not been without its challenges. Many people still face concerns about price volatility, a lack of liquidity, and the complexity involved in buying and selling these digital assets. In response to these issues, new platforms are beginning to offer fresh solutions. One of them is Treasure NFT, a marketplace that uses algorithmic trading and artificial intelligence to make NFT pricing more stable and transactions more accessible. In this article, we will explore what Treasure NFT is, how it works, and why it could offer a new approach to those interested in the future of NFT trading. What Is Treasure NFT (TNFT)? Treasure NFT is the world’s first comprehensive NFT trading platform that uses algorithmic trading. It was founded by Steven Alexander and officially launched on October 3, 2022. The platform was built to solve some of the most common problems in the NFT market, such as sudden price swings, limited liquidity, and high barriers for new users. By applying artificial intelligence and algorithm-driven models, Treasure NFT aims to bring more stability and predictability to NFT pricing. According to the platform, NFT assets listed on Treasure NFT can see daily price growth rates between 4.3% and 6.8%. How Treasure NFT Works Treasure NFT was designed to make NFT trading simpler and more reliable. It offers a system that removes much of the uncertainty often found in other marketplaces: Algorithmic Pricing Model Treasure NFT uses an algorithmic pricing model to determine the value of NFTs listed on its platform. Instead of relying on auctions or user speculation, the system follows a set of predefined rules to adjust prices in a steady and predictable way. Prices increase at a consistent rate, usually between 4.3% and 6.8% per day. This approach helps avoid sudden price swings and creates a more stable environment for both buyers and sellers. It gives users greater confidence, knowing that asset values follow a transparent and automated process. By removing emotional decision-making from pricing, Treasure NFT reduces the risk of drastic price drops or unexpected volatility. This system also makes it easier for users to plan their trades, as they have a clear understanding of how prices will move over time. For many investors, especially those new to NFTs, this kind of predictable growth provides reassurance and encourages long-term participation. Fractional Ownership Instead of buying an entire NFT, users can purchase a portion of one. This makes it easier for people to invest in high-value NFTs that might otherwise be out of reach. Some NFTs on the platform are valued at thousands or even millions of dollars, but fractional ownership allows a broader range of users to take part in the market. It lowers the cost of entry and opens opportunities for investors who prefer to start small. Fractional ownership also improves liquidity on the platform. By making NFTs more affordable and accessible, Treasure NFT encourages more users to participate in buying and selling activities. This increased activity helps create a healthier, more active marketplace where assets are easier to trade. Multi-Chain Support The platform first launched on the Polygon blockchain. However, Treasure NFT plans to expand its reach by adding support for Ethereum, BNB Smart Chain, and TRON. This multi-chain approach allows users to trade NFTs across different networks. As a result, assets become more accessible, and users gain greater flexibility in how they manage their holdings. Decentralized Governance (DAO) Treasure NFT operates under a decentralized governance model, commonly known as a DAO (Decentralized Autonomous Organization). Users who hold certain NFTs or tokens on the platform gain voting rights. They can help decide on key issues, such as new features, platform rules, and future development plans. This system gives the community a voice and allows users to play an active role in shaping the platform’s direction. Referral Program Treasure NFT includes a referral program that rewards users who invite others to join the platform. For every new participant who registers and trades, the referring user earns a commission. The program follows a three-tier structure. Users receive 12 percent from the direct referrals on the first level, 4 percent from the second level, and 2 percent from the third level. This system encourages users to grow their networks while creating an additional source of income. The referral program helps expand the Treasure NFT community by rewarding those who bring new members to the platform. As more users trade and stay active, the rewards continue to add up. This approach not only benefits individual users but also supports the overall growth and activity of the marketplace. How to Trade on Treasure NFT Getting started on Treasure NFT is simple. Here are the basic steps to trade on the platform: Create an Account: Sign up on the official Treasure NFT website. The process is quick, and there’s no need for KYC verification. Deposit Funds: Add USDT to your account. Treasure NFT accepts deposits through TRON (TRC20) and BNB Smart Chain (BEP20). A minimum deposit is required to begin trading. Browse the Marketplace: Explore the NFTs available for purchase. The platform lists a variety of digital assets, with prices that adjust daily based on its algorithmic pricing model. Reserve and Buy NFTs: Choose an NFT and reserve it at its current price. Once reserved, complete the purchase before the price increases. Choose Fractional Ownership (Optional): If a full NFT is too expensive, you can buy a portion of it. Fractional ownership makes it easier to invest in high-value NFTs. Withdraw Funds: After buying or selling NFTs, you can withdraw your earnings following the platform’s withdrawal process. Is Treasure NFT Legit? A common question among potential users is, "Is Treasure NFT real or fake?" The platform describes itself as a legitimate option for NFT trading. It offers features such as automated pricing, fractional ownership, and cross-chain support, which have attracted a growing user base. Treasure NFT claims that they hold a Money Services Business (MSB) license in the United States, which provides a degree of formal recognition. Some participants report positive experiences with the platform, noting ease of use and consistent price growth. However, there are concerns circulating within the crypto community. Warnings mentioned fake promotions, market manipulation, and phishing attempts aimed at deceiving investors. Allegations include pump-and-dump schemes where prices rise artificially before collapsing, leaving buyers at a loss. While these claims remain under discussion, they highlight the importance of caution. As with any online trading platform, it is essential to verify information from trusted sources, understand the risks, and avoid offers that seem too good to be true. Thorough research and careful consideration are strongly advised before making any investment decisions. Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions.

How to Mine Bitcoin: A Beginner's Guide to BTC Mining

Introduction If you’ve ever wondered how new Bitcoins are created, the answer is Bitcoin mining. It’s the process that keeps the Bitcoin network running, confirming transactions and adding new blocks to the blockchain. And as a reward for their work, miners earn fresh BTC. Sounds simple, right? Well, not exactly. In Bitcoin’s early days, you could mine with just a regular computer. But mining Bitcoin in 2025 has become highly competitive, requiring specialized hardware, cheap electricity, and technical know-how to be profitable. So, is Bitcoin mining still worth it in 2025? How does it work? What do you need to get started? And most importantly—can you actually make money from it? In this guide, we’ll break everything down in a beginner-friendly way. Whether you’re curious about BTC mining, thinking of setting up your own rig, or just want to understand the process better, you’re in the right place. What Is Bitcoin Mining? Bitcoin mining is the process of validating transactions and securing the Bitcoin network. It ensures that no one can spend the same Bitcoin twice and that new BTC enters circulation in a controlled way. Miners also play a key role in creating new Bitcoin, but this isn’t like printing money—the process follows strict rules coded into Bitcoin’s system. At its core, Bitcoin mining is about solving complex mathematical puzzles using powerful computers. Miners compete to find the right solution, and the first one to do so gets to add a new block to the blockchain. In return, they get rewarded with new Bitcoin and transaction fees. Think of it like a massive lottery where miners keep guessing numbers as fast as they can. The more computing power a miner has, the better their chances of winning. But unlike a lottery, mining serves a real purpose—it secures the network and ensures transactions are legitimate. How Many Bitcoins Can Be Mined? A total of 21 million Bitcoins can ever be mined—that's the hard cap set by Bitcoin’s code. As of now, around 19.83 million BTC have already been mined, leaving fewer than 1.17 million BTC left to be created. With Bitcoin’s halving events reducing mining rewards every four years, the last Bitcoin is expected to be mined around 2140. Why Does Bitcoin Mining Matter? Mining isn’t just about making money. It’s a crucial part of Bitcoin’s system for a few reasons: Transaction verification: Every Bitcoin transaction needs to be checked before it’s added to the blockchain. Miners do this by bundling transactions into blocks and confirming their legitimacy. Network security: The more miners there are, the harder it is for anyone to attack the network. An attacker would need to control more than 50% of the total mining power to manipulate transactions, which is nearly impossible at today’s scale. Bitcoin supply control: Unlike traditional currencies, Bitcoin has a fixed supply of 21 million coins. Mining is the only way new Bitcoin enters circulation, following a predictable issuance schedule. Decentralization: Since anyone can participate in mining, Bitcoin remains an open and censorship-resistant network. Bitcoin Mining by the Numbers Bitcoin mining has grown from a niche hobby to a massive global industry. In the early days, anyone with a regular computer could mine Bitcoin. Today, mining is dominated by large-scale operations using specialized hardware and massive amounts of electricity. Here are some key statistics to give you an idea of how big Bitcoin mining is in 2025: Mining reward: Each time a miner successfully adds a block to the blockchain, they receive 3.125 BTC (as of the Bitcoin 2024 halving). This amount gets cut in half every four years. The average cost to mine one Bitcoin: As of January 2025, it costs around $27,000 for large-scale miners to produce a single Bitcoin, though the exact amount depends on electricity prices and mining efficiency. Electricity consumption: The Bitcoin network consumes approximately 169.70 terawatt-hours (TWh) annually, surpassing the total energy consumption of countries like Poland. Mining difficulty: The difficulty of mining adjusts every 2,016 blocks (roughly every two weeks) to ensure that blocks are mined approximately every 10 minutes. Global mining power (hashrate): The Bitcoin network’s total mining power is now in the hundreds of exahashes per second (EH/s), meaning miners collectively perform quintillions of calculations per second. Biggest mining countries: The top Bitcoin mining locations include the United States, China, Kazakhstan, Russia, and Canada. Factors like energy costs and regulations affect where mining is most profitable. Largest mining pools: Mining is often done in pools, where miners combine their resources to increase their chances of earning rewards. The largest pools, such as Foundry USA and Antpool, control over 50% of the network’s hashrate. These numbers highlight just how competitive Bitcoin mining has become. But how does the mining process actually work? Let’s break it down step by step. How the Bitcoin Mining Process Works Bitcoin mining is often described as solving complex math problems, but what’s really happening under the hood? Miners compete to add new blocks to the Bitcoin blockchain by using powerful computers to perform trillions of calculations per second. The process follows a strict set of rules to ensure fairness, security, and decentralization. 1. Proof-of-Work (PoW) – The Foundation of Mining Bitcoin mining is based on a system called Proof-of-Work (PoW). This means miners must perform computational work to validate transactions and add them to the blockchain. PoW ensures that: Miners must spend energy to find a valid block, making Bitcoin resistant to spam and fraud. The network remains secure since an attacker would need massive computing power to manipulate transactions. Transactions are decentralized, meaning no single entity controls Bitcoin. 2. The Hash Target – Finding the Winning Number Miners are essentially playing a guessing game. Their goal is to find a valid hash—a unique 64-character string that meets Bitcoin’s difficulty requirements. The Bitcoin network sets a target hash, and miners must generate a hash that is lower than or equal to the target to win the block reward. Think of it like rolling dice: The lower the number you roll, the better. But instead of rolling once, miners are rolling trillions of times per second using specialized hardware. 3. The Nonce – The Key to Finding a Valid Hash A nonce (number only used once) is a random number that miners change repeatedly to generate a new hash. They start with nonce = 0, compute a hash, check if it’s below the target, and if not, increase the nonce and try again. Example: Input: "Bitcoin Block 100000 + Nonce 1" → Hash = X (too high, try again) Input: "Bitcoin Block 100000 + Nonce 2" → Hash = Y (too high, try again) Input: "Bitcoin Block 100000 + Nonce 3,758,192" → Hash = Valid! Block is mined! 4. The Winning Miner Adds a New Block Once a miner finds a valid hash, they: Broadcast the new block to the network. Receive the block reward (3.125 BTC as of 2025) + transaction fees. Restart the process for the next block. This entire process repeats roughly every 10 minutes, ensuring that new Bitcoin enters circulation at a predictable rate. 5. Example: The Mining of Block 830,175 Source: blockchain.com Block #830,175 was mined on February 13, 2024, at 1:15 AM by Braiins, one of the leading Bitcoin mining pools. This block successfully confirmed thousands of transactions and contributed to securing the Bitcoin network. Let’s take a closer look at what happened when this block was created. The nonce that generated the winning hash was 4,097,493,836. In Bitcoin mining, the nonce starts at zero and increases with every attempt until a valid hash is found. Given the difficulty level, this means trillions of guesses were made before Braiins successfully mined this block. This block confirmed 3,126 transactions, moving a total of 7,304.47 BTC ($364,047,343) across the network. The average transaction size was 2.3367 BTC ($116,458), while the median transaction size was 0.0058 BTC. How to Start Mining Bitcoin Step 1: Choose Your Mining Approach Before you begin, decide which mining method suits you best: Solo Mining – You mine Bitcoin independently, keeping all the rewards. However, due to the high difficulty level, solo miners rarely succeed unless they have an immense amount of computing power. Pool Mining – You join a mining pool where multiple miners combine their computing power to increase their chances of earning Bitcoin. The rewards are split among members based on their contributions. Most miners opt for this method due to its consistent payouts. Cloud Mining – Instead of buying and maintaining hardware, you rent mining power from a company that owns mining farms. This is the easiest way to get involved, but be cautious—many cloud mining services are scams or offer minimal returns. Step 2: Get the Right Mining Hardware Bitcoin mining is no longer profitable with regular computers or GPUs. Instead, miners use ASIC (Application-Specific Integrated Circuit) miners, which are designed specifically for Bitcoin mining. Some of the top ASIC miners in 2025 include: Antminer S21 Pro – 234 TH/s, 3,510W WhatsMiner M66S – 298 TH/s, 5,513W Avalon A1566 – 150 TH/s, 3,225W When choosing a mining device, consider hashrate (TH/s), power consumption (W), and energy efficiency (J/TH) to balance performance and electricity costs. Step 3: Set Up a Bitcoin Wallet You’ll need a Bitcoin wallet to receive your mining rewards. There are different types to choose: hardware wallets, software wallets, and exchange wallets. One of the best options is Bitget Wallet, which offers secure storage, easy transactions, and seamless integration with the Bitcoin network. Make sure to keep your wallet credentials safe, as losing access to your wallet means losing your Bitcoin permanently. Download Bitget Wallet Step 4: Install and Configure Mining Software Mining software connects your hardware to the Bitcoin network or your chosen mining pool. Some of the most popular options include: CGMiner – Open-source, supports ASIC miners, command-line interface. BFGMiner – Similar to CGMiner but allows for better customization. NiceHash – User-friendly, great for beginners. Braiiins OS+ – Optimized for power efficiency and performance. Once installed, you'll need to configure the software with your mining pool’s settings, including server address, worker ID, and wallet address. Step 5: Join a Mining Pool (Optional but Recommended) If you're not mining solo, you’ll need to join a mining pool. Some of the largest pools include: Foundry USA – One of the biggest pools, based in the U.S. Antpool – Operated by Bitmain, one of the top mining companies. F2Pool – Long-standing mining pool with global reach. Joining a pool improves your chances of earning Bitcoin regularly, as rewards are distributed based on contributed hash power. Step 6: Start Mining and Monitor Performance Once everything is set up, start your mining operation! Monitor your hashrate, power consumption, and profitability using your mining software or pool dashboard. Since mining is energy-intensive, make sure your setup is in a well-ventilated area to prevent overheating. Some miners use external cooling solutions or immersion cooling to improve efficiency. How to Calculate Bitcoin Mining Profitability Mining Bitcoin can be profitable, but it depends on a few key factors. Before jumping in, it’s important to figure out whether mining will actually make you money. What Affects Mining Profitability? Electricity Costs – Mining uses a lot of power, and electricity rates vary depending on where you live. Cheaper electricity means higher profits. Mining Hardware Efficiency – The more energy-efficient your miner is (measured in joules per terahash, J/TH), the lower your operating costs. Mining Difficulty – Bitcoin adjusts its mining difficulty about every two weeks, making it harder or easier to mine based on competition. The higher the difficulty, the harder it is to earn rewards. Block Rewards & Fees – As of 2025, miners earn 3.125 BTC per block plus transaction fees, but this reward gets cut in half every four years. Bitcoin Price – Since miners get paid in BTC, the price of Bitcoin directly affects how much their earnings are worth in dollars. If Bitcoin’s price drops, profits shrink. You don’t need to do the math yourself—there are Bitcoin mining calculators that help you estimate your earnings based on your setup. Some good ones include: NiceHash Mining Calculator, CryptoCompare Profitability Calculator, and WhatToMine Calculator. Bitcoin Mining Regulations: What You Need to Know Before you start mining Bitcoin, it’s important to know the legal rules in your country. While mining is legal in many places, some governments restrict or ban it due to energy concerns or financial regulations. Where Is Bitcoin Mining Legal? Bitcoin mining is legal in countries like the U.S., Canada, Germany, and more, though rules vary. Some areas offer incentives, while others impose taxes or require registration. Where Is Bitcoin Mining Banned? China, Nepal – Fully banned due to concerns over energy consumption and government control of financial systems. Algeria, Morocco, Egypt, Angola – Prohibited due to financial regulations and the strain mining puts on national power grids. Before mining, make sure to check local laws, keep track of your earnings for taxes, and look into renewable energy options to stay ahead of any future regulations. The Hidden Costs of Bitcoin Mining Bitcoin mining can be profitable, but it comes with challenges. Here are the biggest risks miners face: 1. High Electricity Costs Mining uses a massive amount of power, and electricity prices vary depending on where you live. If energy costs are too high, mining may not be worth it—especially for smaller setups. 2. Expensive and Constantly Evolving Hardware ASIC miners aren’t cheap, and newer, more efficient models are released regularly. To stay competitive, miners often have to reinvest in better hardware, which adds to overall costs. 3. Bitcoin Price Volatility Miners get paid in Bitcoin, so when the price drops, profits can take a hit. If Bitcoin’s value falls below mining costs, operations can quickly become unprofitable. 4. Increasing Mining Difficulty Bitcoin’s mining difficulty adjusts every two weeks. The more miners competing for rewards, the harder it gets to mine a block. This means lower rewards over time unless you upgrade your equipment. 5. Changing Regulations Some governments encourage Bitcoin mining, while others ban or heavily regulate it. Keeping up with legal changes is crucial to avoid fines or unexpected shutdowns. 6. Heat and Equipment Maintenance Mining rigs generate a ton of heat, which means proper cooling is essential. Without good ventilation or cooling systems, hardware can overheat and break down, leading to downtime and repair costs. 7. Mining Pool Risks Joining a mining pool helps miners earn more consistent rewards, but pools charge fees and can become centralized. If a single pool controls too much hash power, it could pose a risk to Bitcoin’s network security. 8. Security and Fraud Mining setups can be targeted by cyberattacks, hardware scams, and Ponzi schemes. Using trusted suppliers, securing your mining operation, and being cautious with online offers can help prevent losses. Conclusion Bitcoin mining in 2025 is no longer the simple, low-cost process it once was. With rising electricity prices, tougher competition, and constantly evolving hardware, successful mining requires more than just plugging in a machine. Miners today must focus on efficiency, cost management, and staying ahead of network difficulty adjustments to remain profitable. So, is Bitcoin mining still profitable? For those who plan wisely, invest in the right equipment, and adapt to industry changes, the answer is yes. While the landscape has become more complex, the opportunity is still there for those who understand the challenges and are willing to navigate them. The key to success in 2025 is not just mining—but mining smart. Frequently Asked Questions (FAQs) Q1: How long does it take to mine 1 Bitcoin? With a high-powered ASIC miner, it can take several months. Most miners earn smaller fractions daily through mining pools. Q2: Can I mine Bitcoin for free? No, mining requires electricity and hardware, both of which cost money. "Free" mining services are often scams or offer minimal rewards. Q3: How do I start mining Bitcoin? You'll need ASIC mining hardware, a Bitcoin wallet, mining software, a mining pool (optional), and cheap electricity to stay profitable. Q4: Is Bitcoin mining legal? It depends on your country. Mining is legal in many places, but some, like China and Morocco, have banned it. Always check local laws. Q5: Can I mine Bitcoin at home? Yes, but it requires powerful hardware, cheap electricity, and cooling systems. Most home miners join mining pools for better payouts. Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions.

Can You Still Mine Bitcoin in 2025? The Truth Revealed

Bitcoin mining has changed a lot over the years. What started as a way for anyone with a decent computer to earn Bitcoin has now turned into a high-stakes game dominated by massive mining farms and powerful hardware. With the 2024 Bitcoin halving, increasing mining difficulty, and new regulations, many people are wondering: Is Bitcoin mining still worth it in 2025? If you’re thinking about getting into Bitcoin mining—or wondering if you should continue—this article will break down everything you need to know, including how long it takes to mine 1 Bitcoin in 2025, whether mining is still legal, and if there’s any way to mine Bitcoin for free. Is Bitcoin Mining Still Profitable in 2025? The answer? Yes—but only if you do it right. The profitability of Bitcoin mining depends on several factors: Mining Hardware Efficiency – The better your hardware, the more Bitcoin you can mine. Electricity Costs – Lower energy costs improve profitability. Bitcoin Price – A higher Bitcoin price makes mining more lucrative. Mining Difficulty – As more miners join the network, mining gets harder. The 2024 Bitcoin halving reduced the block reward from 6.25 BTC to 3.125 BTC, meaning miners now earn half as much Bitcoin for the same amount of work. This makes high-performance mining equipment and low-cost electricity more important than ever. How Long Does It Take to Mine 1 Bitcoin in 2025? The time required to mine 1 BTC varies based on equipment and mining setup. Solo Mining – Nearly impossible without massive resources, as it would take years to mine 1 BTC. Mining Pools – By joining a mining pool, participants can earn small fractions of Bitcoin daily, leading to 1 BTC over several months. Industrial Mining Farms – Large-scale operations with hundreds of ASIC miners can generate multiple BTC per day. With top-tier ASIC miners like the Antminer S21 Pro, a miner could theoretically generate 1 BTC in 6-12 months, depending on electricity costs and competition. The Best Bitcoin Mining Strategies for 2025 To stay competitive in Bitcoin mining, miners need to optimize costs and maximize efficiency. 1. Invest in Next-Generation ASIC Miners Older mining rigs consume too much power and produce lower profits. Upgrading to energy-efficient ASIC miners is crucial. Top ASIC Miners for 2025: Antminer S21 Pro WhatsMiner M60S AvalonMiner 1366 These devices offer higher hash rates and lower power consumption, making them ideal for maximizing Bitcoin mining profitability. 2. Reduce Energy Costs Electricity is the biggest expense in Bitcoin mining. To save money: Mine in energy-friendly regions like Texas, Canada, or Kazakhstan, where power is cheaper. Use renewable energy sources like solar, hydro, or wind power to cut down expenses. Implement immersion cooling to enhance efficiency and extend hardware lifespan. 3. Join a Mining Pool for Consistent Earnings Solo mining is nearly impossible for individual miners. Joining a mining pool allows miners to combine computing power and share rewards. Best Bitcoin Mining Pools in 2025: F2Pool Slush Pool Antpool ViaBTC Mining pools distribute Bitcoin based on each miner's contribution, providing more predictable earnings. 4. Explore Cloud Mining and Alternative Investments If buying mining hardware isn’t an option, some miners rent mining power through cloud mining services. However, many of these services have been scams in the past, so do your research before investing. Another alternative? Invest in publicly traded Bitcoin mining companies instead of mining yourself. This allows you to benefit from mining without dealing with equipment and electricity costs. Can I Mine Bitcoin for Free in 2025? Let’s be honest—free Bitcoin mining doesn’t exist. However, some lower-cost alternatives include: Cloud mining free trials – Some services offer small-scale mining for free, but profits are usually insignificant. Bitcoin faucets – Websites that give away tiny amounts of Bitcoin, though it’s more of a gimmick than a real income source. Mining altcoins instead – Some miners switch to altcoins like Litecoin or Kaspa, which have lower difficulty levels. They then exchange those coins for Bitcoin. At the end of the day, if you want to mine Bitcoin in 2025, you’ll need to invest in equipment, electricity, or cloud services. Is Bitcoin Mining Legal in 2025? Bitcoin mining is legal in most countries, but regulations vary. Some nations encourage mining, while others have imposed strict restrictions due to energy concerns. Countries Where Bitcoin Mining Is Legal: United States – Allowed but subject to energy regulations and taxation. Canada – Legal with some environmental restrictions. Germany – Permitted, but taxed as a business. El Salvador – Actively supports Bitcoin mining. And others. Countries That Have Restricted or Banned Bitcoin Mining: China, Nepal – Mining is completely banned due to energy concerns, financial control, and regulatory issues. Algeria, Morocco, Egypt, Angola – Prohibited due to financial regulations and energy security concerns. Russia, Iran – Mining is restricted in specific regions or during peak energy seasons to prevent power shortages. India, Turkey, Indonesia – Legal but under strict government monitoring and regulatory scrutiny. Before starting a mining operation, it’s essential to check local cryptocurrency regulations to ensure compliance. Conclusion So, can you still mine Bitcoin in 2025? Yes—but it’s more competitive than ever. Success in Bitcoin mining requires cutting-edge equipment, cost-effective energy solutions, and smart mining strategies. For those willing to invest and stay updated on industry trends, Bitcoin mining remains a valuable opportunity. However, those looking for "quick and free" mining options will find it increasingly difficult to generate significant returns. Want to Earn Crypto Without Mining? Here’s How! Bitcoin mining is not the only way to grow your cryptocurrency holdings. For those seeking a more accessible and flexible approach, Bitget, a leading global cryptocurrency exchange, offers a variety of investment options, such as: Savings – Earn daily interest on your idle crypto assets. On-Chain Elite – Gain rewards through blockchain-based opportunities. Dual Investment – Buy low, sell high, and profit regardless of market trends. Wealth Management – Leverage expert-driven financial strategies to grow your portfolio. Earn crypto the smarter way—start with Bitget Earn today! Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions.

Bitcoin And Big Numbers: How Market Trends And Separators Affect Your Investments

Bitcoin, the flagship cryptocurrency, has once again found itself at the centre of financial discourse as markets struggle with economic uncertainty, inflationary pressures, and shifting monetary policies. After reaching record highs in early 2025, Bitcoin's price movements have been erratic, leading traders and investors to question the sustainability of its current range. With analysts debating the potential for another bull run or an imminent correction, understanding Bitcoin's pricing mechanisms, market influences, and fundamental concepts such as numerical formatting becomes crucial. Bitcoin Price Movements: Where Are We Now? As of mid-February 2025, Bitcoin has been trading in a volatile range, fluctuating between $90,000 and $105,000. Market sentiment has been wavering between optimism and caution, with factors such as Federal Reserve policies, macroeconomic conditions, and geopolitical tensions influencing price action. Analysts have pointed to three key themes shaping Bitcoin's trajectory: ● Interest rate speculations: The Federal Reserve's decision to halt further rate cuts due to persistent inflation has led to a shift in market expectations. With inflation stubbornly above the 2% target, the likelihood of a prolonged period of high interest rates has made speculative assets like Bitcoin more vulnerable to corrections. ● Institutional demand and accumulation: While some whales have been taking profits, institutional investors continue to accumulate BTC to bet on its long-term appreciation. The growing interest in Bitcoin exchange-traded funds (ETFs) and corporate treasury allocations has provided a foundation for sustained demand. ● Market psychology and retail participation: The Crypto Fear & Greed Index currently sits in a neutral zone, reflecting an indecisive market. Retail traders, who were highly active during Bitcoin’s previous rallies, remain cautious, waiting for a clear breakout before committing fresh capital. Source: Crypto Fear & Greed Index (as of February 17, 2025) Decimal And Thousands Separators Explained If you've ever stared at a Bitcoin price chart and been confused by dots, commas, and weird-looking numbers, you're not alone. Understanding how numbers are formatted in different countries is essential when dealing with Bitcoin prices, especially in an international market. What are Decimal and Thousands Separators? When numbers get big (like Bitcoin prices) or small (like Satoshis, Bitcoin's smallest unit), we need a way to make them readable. This is where decimal separators (to separate whole numbers from fractions) and thousands separators (to break up large numbers into chunks) come in. 1. The British/International system: In the United Kingdom, the United States, Canada, and most English-speaking countries, we use: ● A full stop (.) as the decimal separator – This means that £12.50 means twelve pounds and fifty pence. Likewise, $10,000.50 means ten thousand dollars and fifty cents. ● A comma (,) as the thousands separator – This helps break large numbers into readable chunks. For example, instead of writing 10000, we write $10,000, making it much easier to read. 2. The European/Continental system: Some European and Latin American countries flip this around: ● A comma (,) is used as the decimal separator – So, instead of $10,000.50, they would write $10.000,50. ● A full stop (.) is used as the thousands separator – Instead of $10,000, they write $10.000. 3. The Indian numbering system: India follows a unique system that groups digits differently: ● Lakh (1,00,000) and Crore (1,00,00,000) are used instead of millions and billions. ● Commas are placed differently – For example, ₹10,00,000 represents ten lakh (one million), and ₹1,00,00,000 represents one crore (ten million). 4. The SI (International system of Units) standard: The SI system, commonly used in scientific and financial documents, follows a slightly different approach: ● A thin space is used as the thousands separator – Example: 10 000.50 instead of 10,000.50. ● A full stop is used for decimals, similar to the British/International system. 5. The East Asian numbering system (used in China, Japan, and Korea): China, Japan, and Korea use a different system based on the myriad grouping (every 10,000 instead of every 1,000): ● Instead of grouping by thousands, they group by ten thousand (wan/万 in Chinese and Japanese, 만 in Korean). ● Instead of 100,000, they write 10万 (meaning ten ten-thousands). ● Instead of 1,000,000, they write 100万. ● Decimals are marked with a dot (.), but large numbers are grouped based on ten thousand. ● Examples: ○ 10,000 → 1万 ○ 100,000 → 10万 ○ 1,000,000 → 100万 ○ 10,000,000 → 1,000万 6. Currency symbols and their meaning: The $ symbol is commonly used to represent US dollars (USD) by default, especially in financial markets, trading platforms, and global discussions about Bitcoin. However, several other currencies also use the $ sign, such as Canadian dollars (CAD), Australian dollars (AUD), Singapore dollars (SGD), and Hong Kong dollars (HKD). When referring to these currencies, they are usually specified with their respective abbreviations to avoid confusion (e.g., C$10,000 for Canadian dollars or A$10,000 for Australian dollars). 7. What about Bitcoin exchanges? Crypto trading platforms and financial markets mostly follow the British/American system, meaning you’ll see: ● Bitcoin priced at $96,450.75, meaning ninety-six thousand, four hundred and fifty dollars and seventy-five cents. ● Smaller denominations displayed as $0.000450, meaning four hundred and fifty thousandths of a dollar. Most cryptocurrency exchanges use $ to refer to US dollars (USD) by default as the broader market recognises it as the universal fiat currency for trading pairs, unless explicitly stated otherwise. Source: Bitget Spot Trading Why This Matters When trading or investing in Bitcoin, using the wrong separator can lead to costly mistakes. Imagine wanting to send $10,000 (ten thousand dollars) but mistakenly entering $10.000 (ten point zero dollars) instead—ouch! Quick recap: ● UK/US/International System: $10,000.50 (comma for thousands, full stop for decimals) ● European/Continental System: $10.000,50 (full stop for thousands, comma for decimals) ● Indian System: ₹10,00,000 (comma placement for lakh/crore) ● SI Standard: 10 000.50 (thin space for thousands, full stop for decimals) ● East Asian System: 10万 (grouped in tens of thousands) ● Prices on crypto exchanges are shown with the symbol $ for USD, unless otherwise specified. Now you know! No more excuses. What's Next For Bitcoin? While Bitcoin's price movements remain uncertain, long-term indicators suggest that institutional demand and macroeconomic shifts will continue to shape the market. As inflation concerns persist and central banks navigate economic challenges, Bitcoin could really emerge as a hedge against traditional financial instability. For now, whether Bitcoin is headed for $102,000 or $88,000, the best strategy remains the same: stay informed, think critically, and always double-check your numbers.

Bitcoin ATMs Explained: How They Work and Where to Find Them

Bitcoin ATMs have emerged as an important bridge between traditional cash transactions and the digital world of cryptocurrency. For new investors, buying and selling Bitcoin can sometimes feel complex, requiring online exchanges, bank accounts, and identity verification. However, Bitcoin ATMs provide a fast and convenient way to purchase Bitcoin using cash or debit cards—just like withdrawing money from a regular ATM. With the growing adoption of cryptocurrency, Bitcoin ATMs are becoming more common in public spaces such as shopping malls, convenience stores, and gas stations. But how do they work? What are the fees? And is using one the right choice for your crypto investment strategy? This guide will explain everything you need to know about Bitcoin ATMs. What Is a Bitcoin ATM? A Bitcoin ATM, or BTM, is a physical kiosk that allows users to buy and, in some cases, sell Bitcoin and other cryptocurrencies. Unlike traditional ATMs, which are connected to bank accounts, Bitcoin ATMs are linked to cryptocurrency networks and facilitate blockchain-based transactions. Bitcoin ATMs generally fall into two categories: One-way (Unidirectional) ATMs – These machines allow users to only buy Bitcoin. Two-way (Bi-directional) ATMs – These allow both the buying and selling of Bitcoin. These machines are operated by third-party companies and follow various regulatory guidelines, such as Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance, depending on the country or region. How a Bitcoin ATM Works Using a Bitcoin ATM is simple and fast, but it works a bit differently depending on whether you’re buying or selling. How to Buy Bitcoin Using a Bitcoin ATM If you’re ready to use a Bitcoin ATM, follow these steps: Find a Bitcoin ATM near you – Use websites like CoinATMRadar to locate one. Tap “Buy Bitcoin” on the screen. Verify your identity – Some ATMs require a phone number or ID scan. Scan your Bitcoin wallet QR code – This tells the ATM where to send your Bitcoin.Insert cash or pay with a debit card. Confirm your purchase. Receive Bitcoin in your wallet. (This can take a few minutes depending on network speed.) Once the transaction is confirmed, your Bitcoin will show up in your wallet. Always double-check the amount before finalizing the transaction. How to Sell Bitcoin Using a Bitcoin ATM If you need cash in exchange for Bitcoin, here’s how to do it: Find a two-way Bitcoin ATM. (Not all ATMs support selling!) Select “Sell Bitcoin.” Enter the amount you want to sell. Scan the ATM’s QR code with your Bitcoin wallet. Send the Bitcoin to the ATM’s wallet. Wait for confirmation. (This can take 10-30 minutes.) Withdraw cash once confirmed. Some machines require you to come back later after the transaction is verified, so keep your receipt or redemption code. What Was the First Bitcoin ATM? Bitcoin ATMs didn’t always exist. The first-ever Bitcoin ATM was installed on October 29, 2013, in Vancouver, Canada, inside a coffee shop. The machine, operated by Robocoin, allowed people to buy Bitcoin with cash for the first time. It was a success, processing over $10,000 worth of Bitcoin transactions on its first day. Since then, Bitcoin ATMs have exploded in popularity, especially in the U.S., Canada, and Europe. As of February 2025, there are over 38,000 Bitcoin ATMs worldwide, with more being installed every day. Bitcoin ATM Fees: What You Need to Know Now, let’s talk about the catch—Bitcoin ATMs are expensive compared to buying crypto online. Common Fees at Bitcoin ATMs Transaction fees – Typically 4% to 25% per transaction. Exchange rate markup – Some machines charge more than the actual market price of Bitcoin. Network (miner) fees – Some ATMs charge extra to process the transaction on the blockchain. For example, if Bitcoin’s market price is $100,000, a Bitcoin ATM might sell it to you at $102,000 and charge a 10% fee on top. That means you’re paying a lot more than what Bitcoin is actually worth. Pro tip: If you’re buying a large amount of Bitcoin, check an online exchange first—you might save a lot in fees. Keep it simple—sign up on Bitget in just three easy steps and start trading Bitcoin today! Is a Bitcoin ATM Right for You? Bitcoin ATMs are convenient and easy to use, especially if you want to buy Bitcoin with cash or don’t have a bank account. But they come with high fees, and you should always be cautious of scams. Pros of Bitcoin ATMs Fast and simple transactions. No need for a bank account. Good for privacy (some don’t require full identity verification). Cons of Bitcoin ATMs High fees (4-25% per transaction). Exchange rate markups. Some machines don’t allow selling Bitcoin. If you just need a quick and easy way to buy Bitcoin, Bitcoin ATMs are a great option. But if you’re looking for lower fees, an online crypto exchange might be the better choice. Before using a Bitcoin ATM, always check: The fees (they vary between machines). Whether the ATM supports buying or selling. That you’re using a trusted provider. FAQs About Bitcoin ATMs Q1: Are Bitcoin ATMs safe? Yes, but you need to be careful. Use machines from trusted operators, double-check fees before confirming a transaction, and never send Bitcoin to someone you don’t know—scammers often target Bitcoin ATM users. Q2: Which countries have Bitcoin ATMs? Bitcoin ATMs are widely available in the United States, Canada, Spain, Germany, Switzerland, and Austria. Some countries have restricted or banned them. If you're unsure, check local regulations or use a Bitcoin ATM locator. Q3: How much does a Bitcoin ATM charge for $100? Fees vary depending on the machine, but they typically range from 4% to 25%. If the fee is 10%, you’ll pay $10 in fees and get $90 in Bitcoin. Always check the fee before confirming a transaction. Q4: Can You Withdraw Cash from a Bitcoin ATM? Yes, but only at two-way Bitcoin ATMs that support selling Bitcoin. You send Bitcoin to the machine, wait for confirmation, and then collect your cash. Not all ATMs have this option, so check before you go. Q5: Are Bitcoin ATMs Legal? Mostly, yes! They’re legal in the U.S., Canada, and most of Europe, but some countries have restrictions. China and the UK have banned them, and some places require ID verification for larger transactions. Looking to get started with cryptocurrency? Buy Bitcoin on Bitget now! Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions.

Bitcoin stumbles as Trump announces 25% steel and aluminum tariffs

Crypto markets have been steadily recovering after a brief dip in the wake of more tariff announcements from US President Donald Trump. Crypto markets stumbled as US President Donald Trump announced tariffs on aluminum and steel — the latest salvo in an escalating US trade war. Trump said that any “steel coming into the United States” and aluminum will be hit with a 25% tariff, according to a Feb. 9 report by the Associated Press. He also said that the White House would launch reciprocal tariffs on countries levying import fees on US goods. “If they are charging us 130% and we’re charging them nothing, it’s not going to stay that way,” Trump said. Following the tariff announcement, crypto markets dipped temporarily, with bleeding across the board. However, there has since been a steady recovery. Bitcoin crossed back over $97,000 after dropping to $94,000 briefly, according to CoinMarketCap. Meanwhile, CoinMarketCap data shows ETH has also returned to nearly the same level it was before the tariff announcement, reaching a low of $2,537 but has since climbed back to $2,645. At the same time, the total crypto market cap dropped from $3.15 trillion down to $3.10 trillion. It has since recovered to $3.13 trillion. Trump has stated other plans to introduce tariffs on the EU, superconductors, oil, gas, steel and copper. On Feb. 1, Trump launched tariffs of 25% against major trading partners Canada and Mexico and 10% on China, crashing both stock and crypto markets. Source: CoinTelegraph Futures Market Updates The market has registered a fear rating, which is reflected in the Long/Short ratio and low activities. Bitcoin Futures Updates Total BTC Open Interest: $58.99B (+0.54%) BTC Volume (24H): $59.02B (+65.43%) BTC Liquidations (24H): $28.51M (Long)/$12.19M (Short) Long/Short Ratio: 49.18%/50.82% Funding Rate: 0.0079% Ether Futures Updates Total ETH Open Interest: $22.05B (-3.05%) ETH Volume (24H): $34.36B (+65.19%) ETH Liquidations (24H): $30.81M (Long)/$13.95M (Short) Long/Short Ratio: 48.56%/51.44% Funding Rate: 0.0035% Top 3 OI Surges TSTBSC: $42.03M (+13,883.11%) MVL: $1.93M (+139.56%) F: $2.50M (+122.45%)