A top lawmaker says the U.S. is shifting from “regulation by enforcement” to clear oversight, with new leadership poised to boost cryptocurrency and AI innovation. A New Era for Crypto and AI Regulation U.S. House Financial Services Committee Chairman Patrick McHenry has highlighted progress in crypto regulation, focusing on new leadership roles and the evolving […] Source: https://news.bitcoin.com/end-of-crypto-crackdowns-lawmaker-says-regulation-by-enforcement-is-over/
Month: December 2024
Store-of-Value Coins Steal the Spotlight in a Dynamic Month for Crypto
With the crypto economy cruising at $3.67 trillion, some sectors are shining brighter than others. Over the last 30 days, store-of-value coins such as bitcoin (BTC), litecoin (LTC), XRP, bitcoin cash (BCH), monero (XMR), and dash (DASH) have led the pack. Store-of-Value, Smart Contracts, RWAs, File Storage, and Social Coins Lead the Way This Month […] Source: https://news.bitcoin.com/store-of-value-coins-steal-the-spotlight-in-a-dynamic-month-for-crypto/
Bitcoin ETFs Now Hold More BTC Than Satoshi, Experts Say
The funds have purchased 1,104,534 BTC since January, surpassing the 1,100,000 in Satoshi’s public addresses. U.S. Spot ETFs Surpass Satoshi in Bitcoin Held The spot bitcoin ETFs approved by the SEC earlier this year now collectively hold more bitcoin (BTC) than anyone else in the world, including Bitcoin inventor Satoshi Nakamoto himself, according to data […] Source: https://news.bitcoin.com/bitcoin-etfs-now-hold-more-btc-than-satoshi-experts-say/
Charlie Kirk Vows to Champion Roger Ver’s Cause Against Government Overreach
Following Roger Ver’s attorneys submitting a motion to dismiss his tax case, Charlie Kirk, the political activist, author and host of “The Charlie Kirk Show,” took the opportunity to weigh in during a recent episode of his show. Charlie Kirk Rallies for Roger Ver: ‘Time to End the Lawfare’ in Crypto Tax Case On Dec. […] Source: https://news.bitcoin.com/charlie-kirk-vows-to-champion-roger-vers-cause-against-government-overreach/
Nasdaq-Listed Worksport to Add BTC and XRP to Treasury, Move Aimed at Enhancing Shareholder Value
Worksport, a Nasdaq-listed company, has announced plans to add bitcoin and XRP to its corporate treasury. Crypto as a Store of Value Worksport, a Nasdaq-listed (WKSP) manufacturer of hybrid and clean energy solutions for trucks, announced on Dec. 5 that it plans to add bitcoin (BTC) and XRP to its corporate treasury. The company’s board […] Source: https://news.bitcoin.com/nasdaq-listed-worksport-to-add-btc-and-xrp-to-treasury-move-aimed-at-enhancing-shareholder-value/
Ethereum ‘impulse breakout’ will lead to $15K ETH price in 2025 — Analyst
Ethereum price finally took out the $4,000 resistance level, and one analyst says ETH could hit $15,000 by May 2025. Source: https://cointelegraph.com/news/ethereum-impulse-breakout-will-lead-to-15-k-eth-price-in-2025-analyst?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Over 400 million crypto wallets have a non-zero balance — Chainalysis
According to Chainalysis, real-world tokenized assets and investment vehicles continue to be major drivers of crypto adoption. Source: https://cointelegraph.com/news/over-400-million-crypto-wallets-non-zero-balance-chainalysis?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Czech gov’t moves to exempt crypto held for 3+ years from being taxed
The Prime Minister said Czech residents would not have to report crypto transactions under $4,200 per year or pay taxes for selling digital assets held for more than three years. Source: https://cointelegraph.com/news/czech-republic-crypto-capital-gains-tax-exemption?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Nansen will provide analysis for Galxe’s Gravity blockchain
Nansen expands to yet another blockchain with Gravity, which was launched by Galxe in its alpha mainnet in June. Source: https://cointelegraph.com/news/nansen-gravity-blockchain-analytics-partnership?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Too Soon? Bitcoin Price Spike to $200K Is ‘Achievable’ in 2025, Says Analyst
Not long after Bitcoin’s climb past $100,000, some analysts are predicting that the asset’s price could double in a year’s time. In a Thursday research note, Standard Chartered’s Global Head of Digital Assets Research Geoff Kendrick wrote that Bitcoin’s record-setting rally has been bolstered primarily by flows from institutional investors, who are flocking to spot ETFs. Meanwhile, the laser-eyed, Bitcoin-buying…