MARA Holdings CEO Fred Thiel believes institutional involvement will significantly increase Bitcoin’s value, positioning the flagship crypto as a long-term growth asset. Speaking in a Jan. 2 interview with FOX Business, Thiel encouraged retail investors to adopt a steady, long-term investment strategy by regularly purchasing small amounts of Bitcoin. Thiel noted that Bitcoin has only …
Monthly archives: January 2025
IRS Crypto Tax Reporting Requirements Stir up Mass Confusion
Some in the crypto community assumed the IRS was backpedaling on reporting requirements, but all requirements are still firmly in place, the agency simply announced a grace period for exchanges to upgrade their technology. IRS Grants Crypto Exchanges More Time to Implement Platform Upgrades Confusion ran rampant on Thursday after several publications posted ambiguous headlines …
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BTC and ETH Defy Expectations: Report Highlights Calm Markets Amid Year-End Options Expiry
A collaborative study from Bybit and Block Scholes provides an in-depth examination of bitcoin (BTC) and ether (ETH) derivatives, shedding light on market behavior during the pivotal 2024 year-end options expiration. Bitcoin and Ethereum Open Interest: Bybit and Block Scholes Report Highlights a Picture of Stability The Bybit and Block Scholes analysis shared with Bitcoin.com …
Lightchain Presale Raises $8.5M, Poised to Rival Ethereum
PRESS RELEASE. The blockchain space heats up as Lightchain secures $8.5 million in its presale, setting the stage to disrupt the industry! With an ambitious vision and innovative technology, this rising contender is gearing up to compete with Ethereum and reshape the future of decentralized ecosystems. If you’ve been following blockchain’s evolution, you know how …
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From Crypto to Wall Street: Crypto.com Takes on Stock Trading
According to the crypto firm Crypto.com, individuals in the United States can now trade stocks and exchange-traded funds (ETFs) on its platform. The service is gradually being introduced in Pennsylvania, Ohio, Washington, and Arizona, with plans to expand “across the country,” the company announced this week. Crypto.com Gradually Rolls out Stock Trading Feature Crypto.com is …
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ADA and DOGE Dominate as Crypto Economy Reaches $3.48T Ahead of Weekend
On Friday, Jan. 3, 2025, bitcoin’s valuation ascended decisively beyond the $98,000 mark, contributing to a 2.52% expansion in the broader cryptocurrency market over the preceding 24 hours. While bitcoin exhibited a notable advance, it was dogecoin (DOGE) and cardano (ADA) that emerged as the focal points among the top-tier digital assets. From Bitcoin to …
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Bitcoin ETFs Bleed $242M, Blackrock Takes a $332M Hit in Massive Outflow
U.S.-based spot bitcoin exchange-traded funds (ETFs) experienced a downturn on Thursday, with a hefty $242.30 million in outflows draining from the 12 funds. Among them, Blackrock felt the brunt of the day’s trading, losing the most. Market Jitters: $242M Drains From U.S. Bitcoin ETFs, Blackrock Feels the Heat Data harvested from Sosovalue reveals that the …
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The Easiest Way to Get Bitcoin Through BitcoinMine Cloud Mining in 2025
PRESS RELEASE. The ongoing boom in the cryptocurrency market presents exciting opportunities for those looking to get involved with promising projects early on. One of the hottest topics at the moment is cloud mining and how it allows individuals to earn cryptocurrency. A standout project in this area is BitconeMine, known for its unique features …
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BitMEX Founder Arthur Hayes Says ‘Another Signpost’ Has Appeared on Bitcoin’s Path to Hitting $1,000,000
BitMEX co-founder Arthur Hayes believes one catalyst could help send Bitcoin (BTC) to seven figures as US debt mounts. Hayes tells his 586,800 followers on the social media platform X that if US banks receive a supplementary leverage ratio (SLR) rule change, liquidity could flood the markets, giving Bitcoin a massive boost. A temporary SLR …
This Catalyst Will Unlock Massive Demand for Bitcoin and Other Digital Assets, Says CryptoQuant CEO
The chief executive of market intelligence platform CryptoQuant is identifying what could unlock massive demand for Bitcoin (BTC) and other crypto assets. In a new thread on the social media platform X, Ki Young Ju says that 2025 looks like a good year for digital assets as the Donald Trump administration is set to take …
IRS Postpones Implementation of New Tax Rules for Crypto Asset Holders Interacting With Centralized Exchanges
The Internal Revenue Service (IRS) is suspending the implementation of new tax rules that will affect investors who hold crypto assets in centralized exchanges. On July 9th, 2024, the Treasury Department and the IRS published the final rules for determining the order of selling crypto assets held in centralized finance (CeFi) platforms. Investors should choose …
Crypto Lawyer and XRP Defender John Deaton Issues Lengthy Warning to Traders: Beware of Scammers
XRP supporter and crypto lawyer John Deaton is warning investors about scammers within the burgeoning digital assets industry. In a new lengthy thread on the social media platform X, Deaton says that bad actors are targeting crypto exchange accounts and private wallets with sophisticated scams. “If you get an email with a link do not …
FTX’s payment plan is now effective — When will users see their funds?
According to the plan, certain FTX users claiming less than $50,000 could expect to see their funds returned within 60 days.
Base mulls launching tokenized COIN stock
The plans are not yet concrete, as Coinbase is awaiting regulatory clarity on securities tokenization.
US accounts for over 40% of global Bitcoin hashrate: Report
Hashrate dominance continues to be debated due to the pseudonymous and geographically distributed nature of Bitcoin mining.
