In a recent tweet by Bitcoin Magazine, Elon Musk highlighted Bitcoin as a strong example of open sourcing that contributes to its robustness.

Santiment highlighted that the five largest Bitcoin transactions of 2023 have all taken place in March.

Santiment says that the five biggest Bitcoin transactions so far this year all occurred in March, with the largest BTC transfer worth about $564 million.

Bitcoin’s long entrenchment under $24,000 provided ample opportunity for smaller holders to increase their position sizes, on-chain data shows. 

Profits from the sale of cryptocurrencies like bitcoin are taxable, according to two rulings by the Supreme Court of Denmark. The verdicts in the cases, which involve crypto purchases and payments as well as income received from bitcoin mining, uphold decisions of lower courts.

<a href="https://www.bloomberg.com/quote/MSTR:US">MicroStrategy Inc.</a>&nbsp;co-founder and Executive Chairman Michael Saylor’s more-than $4 billion bet on Bitcoin is on the verge of turning profitable once again after the first quarter surge in the value of the original cryptocurrency.&nbsp;

Federal prosecutors urged prison time for a Georgia man who stole more than 50,000 Bitcoin valued at $3.35 billion when authorities seized it in November 2021, which at the time was the second-largest financial seizure in US history.

In March 2023, Bitcoin’s average and median-sized fees jumped more than 40% higher after rising 122% in 10 days during the first week of February. The fees have followed the Ordinal inscription trend as more than 662,000 inscriptions reside on the Bitcoin blockchain, and 150 bitcoin worth $4.2 million have been added to fees.

With Bitcoin maximalist Michael Saylor at the helm of the business, the cloud-based technology company MicroStrategy has acquired 138,955 BTC over the course of the past three years, investing over $4 billion in the world’s first decentralized cryptocurrency.