The IRS issued new regulations requiring DeFi platforms to report crypto transactions. In response, the Blockchain Association filed a lawsuit against the IRS, arguing that the rules are unconstitutional. Source: https://cointelegraph.com/news/blockchain-association-sues-irs-over-digital-asset-reporting-rules-law-decoded?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: December 2024
Grayscale adds AI launchpads, Solana DeFi apps to Q1 2025 top tokens
The asset manager has added tokens including HYPE, VIRTUAL, ENA and JITO to its list of the top 20 tokens to watch. Source: https://cointelegraph.com/news/grayscale-ai-launchpads-solana-defi-q1-2025-top-tokens?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
The Year in Solana: A Comeback Story
In a comeback story for the ages, Solana surged from the depths of crypto’s winter in 2022 into the limelight this year, becoming one of the most utilized blockchains for crypto enthusiasts and retail novices alike. “Chewing glass is in our DNA, and we’ll get through together.” Solana co-founder Anatoly Yakovenko posted on Twitter (aka X) during the winter of…
Hyperliquid rolls out native staking on mainnet
According to data from ASXN, $344 million in HYPE tokens have been staked, representing a total value of over $9 billion as of Dec. 30. Source: https://cointelegraph.com/news/hyperliquid-native-staking-mainnet?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Lightchain AI Raises $7M in 30 Days of Presale Testnet Launch Set for This Month
PRESS RELEASE. Lightchain Protocol AI (Lightchain AI), the cutting-edge blockchain platform bridging artificial intelligence and blockchain, has reached an impressive milestone. In just 30 days, the company has raised over $7 million in its presale of the Lightchain Token (LCAI), making it one of the top crypto presales currently active. Now in Stage 10 of […] Source: https://news.bitcoin.com/lightchain-ai-raises-7m-in-30-days-of-presale-testnet-launch-set-for-this-month/
Numerology Combined With Strategy? Tether’s Bitcoin Holdings Soar Past 83,000 BTC
Blockchain sleuths have flagged a notable acquisition: on Dec. 30, 2024, a bitcoin address believed to be linked to stablecoin issuer Tether added 8,404.48 BTC to its reserves, valued at a cool $772 million. Blockchain Detectives Spot $772M Bitcoin Transfer to Tether Tether, known for issuing the largest stablecoin by market cap, now holds a […] Source: https://news.bitcoin.com/numerology-combined-with-strategy-tethers-bitcoin-holdings-soar-past-83000-btc/
Price analysis 12/30: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, ADA, AVAX
Bitcoin needs to find support in the $90,000 to $85,000 range in order for altcoins to recover and find new buyers. Source: https://cointelegraph.com/news/price-analysis-12-30-spx-dxy-btc-eth-xrp-bnb-sol-doge-ada-avax?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Microstrategy Won’t Stop Buying Bitcoin, Adds Another $209 Million
Make that eight in a row. Microstrategy today announced the purchase of an additional $209 million worth of Bitcoin, its eighth consecutive weekly buy. The cloud computing firm turned “Bitcoin development” company says it paid an average price of $97,837 to acquire 2,138 BTC. That means Microstrategy, already the world’s largest corporate holder of Bitcoin, now owns a total of…
The Year in Crypto: Binance’s Nigerian Hostage Crisis
In a year of dramatic crypto stories, among the most striking was that of Tigran Gambaryan, a former IRS agent and Binance executive who was detained for eight months in Nigeria on charges of money laundering. Taking in daring escapes, courtroom collapses, and Congressional resolutions, the unfolding saga was akin to a Hollywood movie—but with very real consequences for those…
Crypto payments firm MoonPay secures MiCA approval in the Netherlands
Dec. 30 marked the end of the implementation phase of the Markets in Crypto-Assets framework, as authorities can enforce rules on certain crypto service providers operating in the EU. Source: https://cointelegraph.com/news/moonpay-mica-approval-netherlands?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound