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The Year in Ethereum: Lawsuits, ETFs, Technical Upgrades and Trump

Ethereum didn't smash its all-time price record, unlike Bitcoin, but plenty still happened—from ETFs to tech improvements and more.

Published on: December 29, 2024 | Source: Decrypt favicon Decrypt

Crypto’s comeback: Triumph over turmoil in 2024

Bitcoin crossed $100K, marking a bullish year. Still, legal battles, regulatory crackdowns and poor decisions tested the industry.

Published on: December 29, 2024 | Source: Cointelegraph favicon Cointelegraph

Monthly Bitcoin ATM additions in Australia hit 29-month streak

Australia has a total of 1,359 Bitcoin ATMs, which is about 3.5% of all crypto ATMs in the world.

Published on: December 29, 2024 | Source: Cointelegraph favicon Cointelegraph

Winners and losers of 2024: A year of all-time highs, hacks and hodling

Crypto lawyers, Bitcoin hodlers and memecoin entrepreneurs were some of the biggest winners of 2024.

Published on: December 29, 2024 | Source: Cointelegraph favicon Cointelegraph

Squid Game token scams flood the crypto market

As Netflix released Squid Game Season 2 after Christmas, tokens of the same name flooded the crypto markets.

Published on: December 29, 2024 | Source: Cointelegraph favicon Cointelegraph

Memecoins lose momentum as $40B lost in December

Memecoins surged to as high as $137 billion in December before falling to as low as $92 billion in the same month. The memecoin market lost over $40 billion in December, with traders witnessing massive volatility and shifting opportunities.

Published on: December 29, 2024 | Source: Cointelegraph favicon Cointelegraph

Altcoin ‘euphoria’ phase begins once market cap jumps 16% — Trader

A crypto trader says the altcoin total market cap needs to rise around 16% before “euphoria” sets in, and until then, the market could remain "choppy."

Published on: December 29, 2024 | Source: Cointelegraph favicon Cointelegraph

Bitcoin may reach $150K or $400K in 2025, based on SBR and Fed rates — Blockware

Bitcoin’s potential price range in 2025 is quite significant, but it bears down to three major factors, according to the crypto mining firm Blockware.

Published on: December 29, 2024 | Source: Cointelegraph favicon Cointelegraph

Will ETH outperform BTC in Jan? IRS DeFi broker rules, and more: Hodler’s Digest, Dec. 22 – 28

An analyst predicts that Ether may outperform Bitcoin in January 2025, IRS introduces new DeFi rules, and more: Hodlers Digest

Published on: December 28, 2024 | Source: Cointelegraph favicon Cointelegraph

DeFi has 3 options if IRS rule isn't rolled back — Alex Thorn

The United States Treasury Department and the Internal Revenue Service (IRS) received more than 44,000 comments after proposing the rule.

Published on: December 28, 2024 | Source: Cointelegraph favicon Cointelegraph

Crypto and AI Hardware That Turned Heads in 2024

From AI wearables to gaming handhelds, smartphones, and humanoid robots, these crypto and AI devices grabbed our attention in 2024.

Published on: December 28, 2024 | Source: Decrypt favicon Decrypt

Trump's Bitcoin policies depend on US economic standing — Ki Young Ju

Although the US dollar has lost over 90% of its value since 1913, it continues to dominate all other fiat currencies as a store of value.

Published on: December 28, 2024 | Source: Cointelegraph favicon Cointelegraph

El Salvador's Bitcoin stash hits 6,000 BTC, worth $569M

El Salvador joins the US, China, the UK, Ukraine and Bhutan as the only countries with Bitcoin holdings currently above 6,000 BTC.

Published on: December 28, 2024 | Source: Cointelegraph favicon Cointelegraph

The 7 Breakout Crypto Games of 2024

From Notcoin to Off the Grid and Fantasy Top, these games captured the crypto world’s attention—at least for a while.

Published on: December 28, 2024 | Source: Decrypt favicon Decrypt

Algorithms for all: Demystifying algo trading in crypto markets

The following article is an op-ed by Laurent Benayoun, CEO of Acheron Trading. Algorithmic trading, or “algo trading”, has swiftly established itself within the financial landscape, particularly within the volatile, high-paced crypto market. While often perceived as a domain for high-frequency traders with deep pockets, algo trading is, at its core, about automating trading strategies […] The post Algorithms for all:...

Published on: December 28, 2024 | Source: CryptoSlate favicon CryptoSlate

David Sacks has 2 years to push through meaningful policies — lawyer

Republicans currently have a narrow majority in the United States House of Representatives, where the party holds 219 seats.

Published on: December 28, 2024 | Source: Cointelegraph favicon Cointelegraph

The 7 Wildest Meme Coin Livestreams on Pump.fun in 2024

Livestreaming for Pump.fun meme coins was a trend this year that got way out of hand. Here are seven of the worst examples.

Published on: December 28, 2024 | Source: Decrypt favicon Decrypt

The Year in Bitcoin: From ETFs to All-Time Highs

Bitcoin had a big year: ETFs, institutional adoption, political battles, and even meme coins. Here's a lack back at Bitcoin in 2024.

Published on: December 28, 2024 | Source: Decrypt favicon Decrypt

What are crypto debit cards: How they work and where to use them

Crypto debit cards allow users to spend their cryptocurrency holdings; they work by converting crypto into fiat currency at the point of sale.

Published on: December 28, 2024 | Source: Cointelegraph favicon Cointelegraph

Blockchain Association sues IRS over crypto broker rules

The lawsuit alleges that the IRS’ latest rulemaking exceeds the agencies’ statutory authority and violates the Administrative Procedure Act.

Published on: December 28, 2024 | Source: Cointelegraph favicon Cointelegraph

3 major developments that spurred crypto adoption in 2024

The crypto industry witnessed historic milestones in 2024, from MiCA regulations in Europe to Bitcoin adoption in Latin America and the US eyeing a strategic Bitcoin reserve.

Published on: December 28, 2024 | Source: Cointelegraph favicon Cointelegraph

Ethereum prepped for 2025 rally as monthly Ether ETFs inflows double

The monthly record in ETF inflows was insufficient to lift Ether's price past the $3,500 resistance, which would trigger over $1 billion worth of leveraged short liquidations.

Published on: December 28, 2024 | Source: Cointelegraph favicon Cointelegraph

AI tokens market cap falls 28% from December $70B peak

AI cryptocurrencies have dropped nearly 30% in value, but analysts forecast a potential recovery during the 2025 altcoin season.

Published on: December 28, 2024 | Source: Cointelegraph favicon Cointelegraph

US-listed Bitcoin, Ether ETFs tally $38.3B net inflows in launch year

Around 80% of demand for the spot Bitcoin ETFs came from retail, but industry analysts expect institutions to pick up the pace in 2025.

Published on: December 28, 2024 | Source: Cointelegraph favicon Cointelegraph

IRS DeFi broker rule ‘absolutely should be challenged,’ says Uniswap CLO

Uniswap chief legal officer said the IRS DeFi broker rule "absolutely should be challenged," while a Consensys lawyer argued that the ruling was released on “the last Friday of 2024 in the middle of a holiday stretch on purpose.”

Published on: December 28, 2024 | Source: Cointelegraph favicon Cointelegraph

US government will not buy Bitcoin in 2025 — Galaxy Research

Galaxy Research expects the US government to make "some movement" in 2025 to explore an "expanded Bitcoin reserve policy," but forecasts no Bitcoin will be purchased.

Published on: December 28, 2024 | Source: Cointelegraph favicon Cointelegraph

XRP Ledger shows signs of increasing usage, suggesting XRP price increase

CryptoQuant community analyst Maartunn shared data indicating that the XRP Ledger’s (XRPL) velocity has risen in the past few weeks amid heightened activity, suggesting growing utility within the network. Velocity is calculated by dividing a crypto market cap by its transaction volume. The analyst pointed out that an increasing velocity represents frequent network usage. He […] The post XRP Ledger shows signs of...

Published on: December 28, 2024 | Source: CryptoSlate favicon CryptoSlate

Solana co-founder Stephen Akridge accused of misappropriating ex-wife’s crypto gains

Stephen Akridge, co-founder of Solana, is embroiled in a legal dispute with his ex-wife, Elisa Rossi, over alleged misappropriation of substantial gains from Solana (SOL) tokens, Bloomberg Newsreported on Dec. 27. Rossi claims that Akridge used his advanced expertise in crypto and blockchain to siphon off staking rewards from her digital wallet. According to the […] The post Solana co-founder Stephen Akridge accused of...

Published on: December 27, 2024 | Source: CryptoSlate favicon CryptoSlate

Montenegro’s Justice Minister signs order to extradite Do Kwon to US

Montenegro’s Minister of Justice, Bojan Božović, has signed an order to extradite Terraform Labs co-founder Do Kwon to the US. Montenegro’s Supreme Court recently determined that all legal conditions for Kwon’s extradition had been met. Following this ruling, the Ministry of Justice evaluated the competing requests and concluded that the US request favored the most […] The post Montenegro’s Justice Minister signs order...

Published on: December 27, 2024 | Source: CryptoSlate favicon CryptoSlate

Crypto Biz: The Year of Bitcoin

This week’s Crypto Biz explores Bitcoin’s landmark year, Crypto.com’s new custody service, Russia’s partial ban on crypto mining and taxes on staking rewards in the US.

Published on: December 27, 2024 | Source: Cointelegraph favicon Cointelegraph

Will Solana price hold $180 after 30% drop in weekly DApp volumes?

Declining network activity and interest in memecoins put a dent in Solana price, but derivatives data suggest limited downside.

Published on: December 27, 2024 | Source: Cointelegraph favicon Cointelegraph

The Year in Crypto: Gary Gone Wild

Gensler, who once said that “everything but Bitcoin” falls under his agency’s purview, is on the way out. But what's next for the industry?

Published on: December 27, 2024 | Source: Decrypt favicon Decrypt

Crypto industry calls on Congress to block new DeFi broker rules

The new IRS rules classifying DeFi protocols as brokers have triggered a swift backlash in the crypto industry, with calls for Congress to overturn the rules.

Published on: December 27, 2024 | Source: Cointelegraph favicon Cointelegraph

The 69 Dumbest Moments of the Year: 2024 Crypto Edition

For crypto, 2024 was the best of times and the dumbest of times. Here are 69 of 420 dumbest moments of the year.

Published on: December 27, 2024 | Source: Decrypt favicon Decrypt

Pig butchering scams top 2024 crypto fraud with $3.6 billion in losses

Pig butchering scams led to $3.6 billion in crypto losses in 2024, emerging as the most significant fraud scheme of the year, according to a report by web3 security firm Cyvers. The long-term fraud method, where victims are groomed over time to make substantial investments, outpaced other forms of crypto scams in 2024. The report […] The post Pig butchering scams top 2024 crypto fraud with $3.6 billion in losses...

Published on: December 27, 2024 | Source: CryptoSlate favicon CryptoSlate