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Micah Zimmerman

Micah Zimmerman
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Micah first discovered Bitcoin in 2018 but remained a skeptic on the sidelines for too long. Since 2021, he has covered crypto and business and now works as a news reporter for Bitcoin Magazine, based in North Carolina.

Rule to Allow Crypto in 401(k)s Arrives at White House for Final Review

NEWS Micah Zimmerman -
A final Labor Department rule that would create a fiduciary safe harbor for private equity, real estate and crypto in 401(k) menus arrived at OIRA on Thursday, putting public release within reach.

Binance Hackers Swap About $50 Million of Stolen XRP Mostly Into Bitcoin, Elliptic Says

NEWS Micah Zimmerman -
About 42 million stolen XRP, worth roughly $50 million, has been swapped mostly into bitcoin via THORChain, Elliptic said, lifting converted bitcoin from the Binance theft to about 1,650 BTC.

Bitcoin Price Holds Near $75,000 After Hot October Jobs Report

MARKETS Micah Zimmerman -
Bitcoin price held near $75,800 Friday after U.S. employers added 165,000 jobs in October, far above the 59,000 forecast, as December Fed hike odds climbed toward 80%.

South Korean Crypto Exchange Gopax Suspends Withdrawals and Trading After Hacking Threat

NEWS Micah Zimmerman -
South Korea's Gopax halted standard withdrawals at 2:55 p.m. and trading at 3:53 p.m. Friday after a hacking-threat email, and is transferring all held assets to cold wallets with no loss reported so far.

Bitcoin Price Trades Near $76,000 as Nasdaq Tumbles into Correction

MARKETS Micah Zimmerman -
Bitcoin price held near $76,000 Thursday afternoon as the Nasdaq sank deeper into a correction, crypto liquidations topped $1 billion and Strategy, Coinbase and bitcoin miners sold off in double digits.

Core Scientific (CORZ) to Exit Bitcoin Mining by Year-End as Colocation Hits $215 Million

NEWS Micah Zimmerman -
Core Scientific will finish winding down bitcoin mining in the fourth quarter and enter 2027 as a pure-play AI colocation landlord, with self-mining revenue already down to $12.3 million.

Greece Approves 10% Crypto Capital Gains Tax as First Framework Lands Below Draft Rate

NEWS Micah Zimmerman -
Greece's parliament approved a 10% capital gains tax on cryptocurrencies, the country's first dedicated crypto tax framework, with annual gains up to €500 exempt.

South Korea Pushes 22% Crypto Tax to 2029 in Fourth Delay, Offers Three-Year Loss Carryforward

NEWS Micah Zimmerman -
South Korea's government will ask lawmakers to delay its 22% crypto gains tax to 2029 and let investors carry losses forward for up to three years.

Keel (KEEL) Sells Entire Bitcoin Treasury for $192 Million, Will Sell BTC Daily

NEWS Micah Zimmerman -
Keel sold 2,520 bitcoin in the third quarter, left its treasury near zero and said Quebec-mined coins will now be sold every day as it pivots to AI data centers.

U.S.-Sanctioned Moscow Exchange Will List Bitcoin on Dec. 1 as Russia Pulls Crypto Trading Home

NEWS Micah Zimmerman -
Russia's largest exchange, Moscow Exchange,. will open bitcoin trading on Dec. 1 under the country's new crypto law, with retail buyers tested and capped at 300,000 rubles a year.
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