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Bitcoin can separate money and state — David Sacks

Sacks also highlighted Bitcoin's portability as a major feature of the crypto that makes it an attractive option during social turmoil.

Published on: December 07, 2024 | Source: Cointelegraph favicon Cointelegraph

Why Trump Must End Capital Gains Tax On Bitcoin

By eliminating capital gains taxes on Bitcoin, the Trump administration can spur U.S. innovation, strengthen the nation’s economic sovereignty, and ensure everyday Americans gain equal footing in the world’s rapidly evolving digital economy.

Published on: December 07, 2024 | Source: Bitcoin Magazine favicon Bitcoin Magazine

Layer-2 networks need decentralized sequencers — Metis co-founder

According to data from L2 Beat, there are 118 layer-2 scaling solutions listed for the Ethereum network as of December 2024.

Published on: December 07, 2024 | Source: Cointelegraph favicon Cointelegraph

Bitcoin 'Choppiness' index hints $110K BTC price will be tough to crack

Bitcoin is getting "choppier" and the BTC price uptrend less strong, new indicator data suggests.

Published on: December 07, 2024 | Source: Cointelegraph favicon Cointelegraph

How to train an AI bot to day-trade crypto

Training an AI bot for crypto trading opens up 24/7 market access and speed. Learn how to build or deploy bots, the risks involved, and how they can fit into your strategy.

Published on: December 07, 2024 | Source: Cointelegraph favicon Cointelegraph

Bitcoin rally to continue until end of 2025 — Analyst

Bitcoin’s historic $100,000 milestone comes despite sluggish momentum in oil, gold and the S&P 500 index.

Published on: December 07, 2024 | Source: Cointelegraph favicon Cointelegraph

Bitcoin hits $100K: From pizzas to a Bitcoin national stockpile 

Bitcoin was once worth so little that thousands of BTC were given away for free, but each one is now worth roughly $100,000 and is the most valuable cryptocurrency ever.

Published on: December 07, 2024 | Source: Cointelegraph favicon Cointelegraph

Ethereum poised to copy XRP’s 390% rally toward $7.6K next

Ether is breaking out of a similar symmetrical triangle pattern that propelled XRP's prices from around $0.50 to around $2.90 within a month.

Published on: December 07, 2024 | Source: Cointelegraph favicon Cointelegraph

Ether to $5K on fractals, BlackRock ETH ETF holdings 2x with $500M buy

Ether price’s rally to the $5,000 psychological mark may be a “minimum target” based on emerging ETH fractal patterns and Bitcoin’s surge above $100,000.

Published on: December 07, 2024 | Source: Cointelegraph favicon Cointelegraph

Telegram founder Pavel Durov questioned in Paris court for first time: Report

Durov said that he “trusts the French justice” system but refused to elaborate on the legal proceedings.

Published on: December 07, 2024 | Source: Cointelegraph favicon Cointelegraph

Coffeezilla calls out ‘insane headlines’ about Hawk Tuah memecoin

YouTube investigator Coffeezilla has called for an end to the spread of misinformation about viral influencer Hailey Welch’s recent controversial memecoin launch, HAWK.

Published on: December 07, 2024 | Source: Cointelegraph favicon Cointelegraph

FSOC warns stablecoins remain a 'potential risk' to financial stability

In its 2024 annual report, the FSOC said that stablecoins are “acutely vulnerable to runs absent appropriate risk management standards.”

Published on: December 07, 2024 | Source: Cointelegraph favicon Cointelegraph

DeFi lending on Liquidium hits 4-month high as Bitcoin soars past $100K

DeFi lending on Bitcoin-based Liquidium reached a four-month high of 21 BTC on Dec. 5, following the top asset climb to a new all-time high above $100,000. Onchain data reveals that loans against Runes accounted for 57% of Liquidium’s daily volume, contributing 12 BTC, while Ordinals accounted for the remaining 43%, contributing 9 BTC. These […] The post DeFi lending on Liquidium hits 4-month high as Bitcoin soars past...

Published on: December 07, 2024 | Source: CryptoSlate favicon CryptoSlate

FSOC warns stablecoins pose stability risks, calls for legislative action to enhance oversight

The Financial Stability Oversight Council (FSOC) raised concerns that stablecoins pose a mounting risk to financial stability due to inadequate oversight and significant market concentration, according to its 2024 annual report. The report called for urgent legislative action to create a comprehensive federal framework for stablecoin issuers to mitigate risks tied to their rapid growth […] The post FSOC warns...

Published on: December 07, 2024 | Source: CryptoSlate favicon CryptoSlate

SEC rejecting Solana ETFs is Gensler’s ‘parting gift’ to crypto industry – Bloomberg analyst

The US Securities and Exchange Commission (SEC) will reportedly reject two spot Solana (SOL) exchange-traded funds (ETF) applications, according to Bloomberg ETF senior analyst Eric Balchunas. Balchunas said the rejections were Chair Gary Gensler’s “parting gift” to the crypto industry. Fox News reported Eleanor Terrett revealed sources at two Solana ETF issuers told her the […] The post SEC rejecting Solana ETFs is...

Published on: December 06, 2024 | Source: CryptoSlate favicon CryptoSlate

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.

Published on: December 06, 2024 | Source: Cointelegraph favicon Cointelegraph

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.

Published on: December 06, 2024 | Source: Cointelegraph favicon Cointelegraph

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.

Published on: December 06, 2024 | Source: Cointelegraph favicon Cointelegraph

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.

Published on: December 06, 2024 | Source: Cointelegraph favicon Cointelegraph

Too Soon? Bitcoin Price Spike to $200K Is 'Achievable' in 2025, Says Analyst

Bitcoin just claimed $100,000 for the first time this week, but analysts are already calling for the mark to double in a year. Here's why.

Published on: December 06, 2024 | Source: Decrypt favicon Decrypt

Australia intensifies crypto ATM oversight to curb money laundering risks

The Australian Transaction Reports and Analysis Centre (AUSTRAC) has intensified efforts to enforce Anti-Money Laundering and Counter-Terrorist Financing (AML/CTF) regulations among crypto ATM providers. On Dec. 6, the watchdog said that crypto ATMs are increasingly used for money laundering and other illicit activities.Despite the country having around 400 registered crypto exchanges, only a small portion […] The post...

Published on: December 06, 2024 | Source: CryptoSlate favicon CryptoSlate

Crypto Biz: Wall Street gets a taste of altseason

This week’s Crypto Biz explores Ether ETFs growing inflows, the political moves behind Meta’s stablecoin sunset, BitGo’s plans for India, and more.

Published on: December 06, 2024 | Source: Cointelegraph favicon Cointelegraph

Future Bitcoin price dips to $90K ‘routine profit taking’ — Why BTC traders keep buying

Traders bought up Bitcoin’s dips to $90,000, a sign that investors are confident in BTC prices above $100,000.

Published on: December 06, 2024 | Source: Cointelegraph favicon Cointelegraph

Former US Treasury Secretary calls Bitcoin reserve ‘crazy’ idea

Former US Secretary of the Treasury Larry Summers said in an interview with Bloomberg that the idea of a national Bitcoin (BTC) reserve is “crazy. “ Summers said he understands the concept of other commodities’ reserves, such as oil and gold, but argued: “Of all the prices to support, why would the government choose to […] The post Former US Treasury Secretary calls Bitcoin reserve ‘crazy’ idea appeared first on...

Published on: December 06, 2024 | Source: CryptoSlate favicon CryptoSlate

EigenLayer to upgrade restaking rewards

The upgrades are designed to bring greater flexibility to EigenLayer's restaking ecosystem.

Published on: December 06, 2024 | Source: Cointelegraph favicon Cointelegraph

Bitcoin ‘spinning top’ candle targets $115K after recent 15% BTC flash crash

Bitcoin’s rebound from this week’s flash crash reset key price metrics and paved a path for BTC to chase after the $115,000 level.

Published on: December 06, 2024 | Source: Cointelegraph favicon Cointelegraph

'Eve Frontier' Studio Offering Early Access to Ethereum Survival Game

Eve Online maker CCP Games is set to open up early access to its upcoming Ethereum survival game Eve Frontier, starting at $30.

Published on: December 06, 2024 | Source: Decrypt favicon Decrypt

StanChart updates Bitcoin price projection to $200k by 2025-end

Standard Chartered believes Bitcoin (BTC) could reach $200,000 by the end of 2025 as institutional investments and anticipated regulatory shifts solidify its position as a mainstream asset. In its latest report, the bank attributed Bitcoin’s surge past $100,000 this year to unprecedented institutional inflows and projected a clear path for further growth. Growing interest StanChart’s […] The post StanChart updates...

Published on: December 06, 2024 | Source: CryptoSlate favicon CryptoSlate

Trump’s BTC reserve plan would be a ‘bad deal‘ — Ex-NY Fed president

Bill Dudley joined others in suggesting the only purpose of a US government Bitcoin reserve would be to reward Trump’s crypto supporters.

Published on: December 06, 2024 | Source: Cointelegraph favicon Cointelegraph

US jobs data points to likely rate cut in December — Grayscale

Interest rate cuts, increases in the M2 money supply, structural deficits, and geopolitical tensions typically drive Bitcoin's price higher.

Published on: December 06, 2024 | Source: Cointelegraph favicon Cointelegraph

The Joule Paradox: Energy sets the value of bitcoin and bitcoin sets the value of energy

Energy is the fundamental, base commodity upon which everything of value is produced and bitcoin is the most pure embodiment of energy in a monetary form.

Published on: December 06, 2024 | Source: Bitcoin Magazine favicon Bitcoin Magazine

Trump’s new crypto czar called OpenAI a ‘piranha, for-profit company’

David Sacks’ professed views on OpenAI’s business restructuring seemingly align with Elon Musk’s.

Published on: December 06, 2024 | Source: Cointelegraph favicon Cointelegraph

Nuvei, Visa partner on stablecoin payments for Latam merchants

Latin America continues to be a center of blockchain integration with Nuvei and partners' new e-commerce solution for merchants.

Published on: December 06, 2024 | Source: Cointelegraph favicon Cointelegraph

Coinbase exec publishes FDIC letters urging banks to halt or avoid crypto services

Coinbase chief legal officer Paul Grewal has disclosed letters from the Federal Deposit Insurance Corporation (FDIC) to banks throughout 2022, urging them to halt or avoid crypto-related activities. The letters, which date back to March 11, 2022, have been dubbed “pause letters” due to their repeated recommendations to suspend or refrain from engaging in crypto […] The post Coinbase exec publishes FDIC letters urging...

Published on: December 06, 2024 | Source: CryptoSlate favicon CryptoSlate

Bitcoin to top $110K by Jan, $20B TRX hints at ‘altseason’ — Finance Redefined

Based on its correlation with the liquidity index, Bitcoin may reach a local peak of above $110,000 by January.

Published on: December 06, 2024 | Source: Cointelegraph favicon Cointelegraph