Bitcoin hits new all-time high of over $106K

Bitcoin hits new all-time high of over $106K

1 min read

Bitcoin (BTC) recently jumped to over $106,000 during early Asian trading hours, then dropped back to about $104,500. This fluctuation happens as people expect a U.S. Federal Reserve (Fed) rate cut, likely reducing the main borrowing cost by 25 basis points to between 4.25% and 4.5%. This would mean a total reduction of 100 basis points since September. Market participants are cautious that the Fed’s statements might lower expectations for

Crypto startups secure over $1 billion in venture funding as optimism grows around Trump's pro-crypto stance

Crypto startups secure over $1 billion in venture funding as optimism grows around Trump’s pro-crypto stance

1 min read

After Donald Trump‘s election victory, the cryptocurrency sector saw over $1 billion in venture capital funding. This increase shows growing trust in the industry, driven by hopes for a supportive government and clearer rules. Since the election on November 6, crypto startups have raised about $1.3 billion. November brought in $796 million, and December added $511 million. The Avalanche Foundation raised $250 million from a private token sale for its

Ukraine plans to legalize cryptocurrencies by 2025

Ukraine plans to legalize cryptocurrencies by 2025

1 min read

Ukraine plans to legalize cryptocurrencies by early 2025, aiming to create clear rules and taxes without special tax breaks. The new law wants to control digital assets to keep finances stable and reduce risks like tax evasion and money laundering. The draft law, created with feedback from the National Bank of Ukraine (NBU) and the International Monetary Fund (IMF), will tax profits from cryptocurrency when they are converted into fiat

Grayscale unveils Trusts for Lido DAO and Optimism

Grayscale unveils Trusts for Lido DAO and Optimism

1 min read

Grayscale, a well-known cryptocurrency investment firm, has introduced two new Trusts for Lido DAO (LDO) and Optimism (OP), which are important parts of Ethereum’s ecosystem. This initiative fits with Grayscale’s plan to back projects that improve Ethereum’s scalability, security, and use, especially in decentralized finance (DeFi). Lido DAO is a top platform for staking Ethereum, and Optimism is a solution that helps scale transactions. Both are aimed at making the

Argentina's President plans tax cuts and free currency use, including Bitcoin

Argentina’s President plans tax cuts and free currency use, including Bitcoin

1 min read

Argentina President Javier Milei has announced plans for 2025 to change the country’s financial system by encouraging free currency use and rules that support cryptocurrency. This plan will allow Argentines to make transactions in any currency, including Bitcoin, increasing their financial freedom and flexibility. Milei’s plan includes a big cut in national taxes by 90%, allowing provinces to create their own tax rules. This decentralization seeks to reduce financial stress

Sui Headlines Dominate While FX Guys Quietly Gains Traction

Sui Headlines Dominate While FX Guys Quietly Gains Traction

3 mins read

Sui’s (SUI) performance has been in the headlines lately. First, it reached a new all-time high (ATH) of $4.46 this weekend, fueled by strong momentum that could drive it even higher in the near term. Also, its Total Value Locked (TVL) hit a new record and is gearing towards $1.8 billion. While SUI trends, FXGuys ($FXG) quietly gains traction among top decentralized presale tokens. Its rising popularity is due to

CoinShares predicts 2025 will bring major gains for Bitcoin and altcoins under Trump

CoinShares predicts 2025 will bring major gains for Bitcoin and altcoins under Trump

1 min read

CoinShares expects significant growth in the cryptocurrency market by 2025, driven by positive regulatory changes and new technology. The European investment firm’s latest report highlights important trends. These include the possible effects of Donald Trump’s presidency, the growth of companies that yield Bitcoin, and progress in Ethereum and Solana. Analyst Max Shannon believes that a Trump administration might bring regulatory changes that benefit Bitcoin miners and digital assets, making it

The Supreme Court allows a shareholder lawsuit against Nvidia

The Supreme Court allows a shareholder lawsuit against Nvidia

1 min read

The US Supreme Court has permitted a shareholder lawsuit against Nvidia to move forward. This lawsuit focuses on claims of misrepresentation about the company’s revenue from cryptocurrency mining. The lawsuit says that Nvidia’s CEO, Jensen Huang, minimized how much the company relied on crypto sales during its big revenue increase in 2017 and 2018, before the cryptocurrency market fell. Nvidia announced it missed its revenue targets after the market collapse,

Vancouver takes a bold step toward crypto adoption

Vancouver takes a bold step toward crypto adoption

1 min read

Vancouver’s city council is moving forward with plans to include Bitcoin in its financial strategy, guided by Mayor Ken Sim. The proposal suggests creating a Bitcoin reserve and accepting BTC payments for taxes and city fees. This aims to diversify financial reserves and reduce the risks linked to changes in fiat currency value. A feasibility study will be finished by early 2025 to evaluate the possible use of Bitcoin. Mayor

Marathon Digital expands its Bitcoin holdings with a major $1.1B purchase

Marathon Digital expands its Bitcoin holdings with a major $1.1B purchase

1 min read

Marathon Digital has recently gained attention in the crypto world by buying over 11,000 Bitcoin, which brings its total to more than 40,000. This decision shows the company’s dedication to growing its digital asset collection, following trends seen in other big companies like MicroStrategy and Riot Platforms. Marathon funded the acquisition with a successful offering of zero-coupon convertible notes. This went better than expected and helped them strengthen their position

BlackRock's Bitcoin ETF surpasses all 50+ European regional ETFs combined

BlackRock’s Bitcoin ETF surpasses all 50+ European regional ETFs combined

1 min read

BlackRock’s Bitcoin ETF, called IBIT, has achieved a major milestone by gathering more assets than all 50+ European regional ETFs put together, even though many of these funds have been around for over 20 years. This fast growth shows that more people in finance are accepting crypto. Since it started in January, IBIT has broken records and now holds almost half of all Bitcoin ETF assets, exceeding the value of

A hacker stole $15.9M from Coinbase Commerce, bypassing AML detection

A hacker stole $15.9M from Coinbase Commerce, bypassing AML detection

1 min read

A major breach has happened with Coinbase Commerce. A hacker named “Excite” stole $15.9 million by taking advantage of the platform’s Anti-Money Laundering (AML) system. A crypto investigator named ZachXBT uncovered an incident involving more than 1,700 questionable USDC transactions. The stolen money was then cleaned through the Polygon and Ethereum networks. A hacker has been showing off expensive buys online, and social media metadata hints at a possible location

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