Now in Crypto, it has been reported that Roger Ver has reached a deal with the US Justice Department to prevent prison from tax bills. Luxembourg’s Sovereign Wealth Fund has made its first investment in Bitcoin ETF, and businessman Peter Brandt said the BTC may be near a top or a “dramatic” advance.
Roger Ver reached the US DOJ’s temporarily agreement on tax charges: Report
Bitcoin advocate Roger Ver, known to many in the crypto industry as “Bitcoin Jesus,” has been reported to have reached a deal with the US Department of Justice that could allow him to avoid prison time.
According to a Thursday report in the New York Times, Ver’s lawyers reached A temporary agreement with US authorities that will require Bitcoin (BTC) advocate to pay $ 48 million in taxes he owed from his crypto holders. The Department of Justice charged ver in mail fraud and tax abstinence in April 2024, seeking to have him from Spain to stand in the trial.
The New York Times reported that Ver was related to figures connected to the administration of US President Donald Trump, along with the rent of lawyers who had previously worked for the President. He also reportedly paid $ 600,000 to political consultant Roger Stone, a Trump advisor, to go to thelo for changes in US tax laws.
The reported deal followed a series of regulations and legal actions under the Trump administration that softened in legal cases involving digital assets. At the time of publication, the agreement temporarily did not appear at the public docket for Ver’s case in the US district court for the California Central District.
Initial accusation declares that Ver is wrong reported in tax forms related to his crypto handles. He and two of his companies, the memorydealers and agilestar, are said to be held about 131,000 BTCs in 2014. The DOJ said he attempted to avoid paying taxes on his ownership by turning away his US citizenship and eventually becoming a citizen of St. Kitts and Nevis.
Luxembourg Sovereign Wealth Fund sinks in Bitcoin ETF with 1% stake
LUXEMBOURG’S SOVEREIGN WEALTH FUND has provided 1% of its portfolio At the Bitcoin exchange-traded funds (ETF), which marked one of the first moves of a European state-backed investment entity.
Director of Luxembourg of Treasury and Secretary General Bob Kieffer has noted the investment on a Wednesday LinkedIn Wednesday Post. He said the financial minister Gilles Roth had announced the decision during his presentation of the 2026 budget at the Chambre Des Députés, Luxembourg legislature.
“Recognizing the growing maturity of this new class of possession, and under the Luxembourg leadership in digital finances, this investment is an application of the new FILS investment policy, which the government approved in July 2025,” Kieffer said.
Luxembourg’s Intergenerational Sovererational Wealth Fund (FIs) has been reported to have invested 1% of its holdings Bitcoin ETF products. Considering the owners of funds under the management of About 764 million euros (about $ 888 million) until June 30, this equals an placement of nearly $ 9 million in bitcoin ETFs.
Set Bitcoin for “Dramatic” Surge If it doesn’t top up soon: Peter Brandt
Bitcoin is fixed Understanding Price Discovery As long as it does not peak within the next few days, according to veteran businessman Peter Brandt.
“It makes sense to expect a market market high on any day today,” Brandt told Cointelegraph on Wednesday, citing the pattern of Bitcoin (BTC) historical cycle (BTC), played on three previous cycles.
“These cycles from low-to-high-high-high are not always the same length, but the post-halving distance of each is always equal to pre-halving distance,” Brandt said.
“Sooner or later, the cycles change. But betting against a cycle with a perfect three-for-three record should not be done without a careful apostasy,” he said.
Brandt said he was 50/50 in the outcome. “I will stay bullish, there is hope for counter-cyclicality. In this case, a move well beyond $ 150,000 I will expect, maybe as high as $ 185,000,” Brandt said.
