Japan passes stimulus package, commits to crypto tax reform
Proposed changes include taxing cryptocurrency at a 20% flat rate instead of the current variable ‘miscellaneous income’ rate.
Posts published by Cointelegraph.com News 33/631
$100K Bitcoin next? No euphoria 'encouraging' as BTC price breaks new highs
Bitcoin analysts and traders are optimistic that BTC price will hit the coveted $100K mark, despite “luke-warm” social media response to the latest all-time highs.
Crypto has 4 years to grow so big ‘no one can shut it down’: Kain Warwick, Infinex
Kain Warwick also admits the Infinex Patron NFT sale did not go as planned, with just 2% of users buying the most liquid NFT tier.
Prediction markets could hold the key to seeing the future, say observers
Predictions markets had an edge on the polls in the 2024 US election, but are they actually helping pundits predict the future?
Hoth Therapeutics allocates $1M to Bitcoin as treasury asset
Hoth Therapeutics allocates $1 million to Bitcoin, reflecting rising business adoption amid increasing attention on BTC’s inflation-resistant value.
BTC price all-time high above $94K comes amid Bitcoin sell-off warning
Bitcoin dormancy is decreasing as BTC price action hits all-time highs again and again.
MicroStrategy increases note sales to $2.6B for Bitcoin purchases
MicroStrategy upsizes its note sale to $2.6 billion to fund Bitcoin purchases, boosting confidence in BTC’s price reaching the $100,000 milestone.
Grayscale completes reverse share splits of Bitcoin and Ether ETFs
As a result of the reverse share splits, the Grayscale Bitcoin Mini Trust ETF and Grayscale Ethereum Mini Trust ETF are set to see 5x and 10x price increases, respectively.
Phantom takes second spot in Apple’s US App Store utilities category
Phantom surpassed applications like Google Chrome, Microsoft Edge and Amazon Fire TV.
Shiba Inu whale holds 10% of SHIB supply, up 250,000x to $2.5B
A mysterious investor has made an over 250,000-fold return on his initial investment of $10,000, which is worth more than $2.5 billion today.
Logan Paul faces allegations of undisclosed crypto promotions: Report
A BBC probe uncovered alleged links between Logan Paul and undisclosed cryptocurrency wallet trades, sparking new controversy.
Russia to restrict crypto mining in 13 regions to save electricity
If approved, the restrictions would seriously affect Russia’s crypto mining operations, as some key local industry firms have a heavy presence in regions like Irkutsk.
Cardano price risks erasing 40% of 'Trump Trade' gains by December
ADA is nearing the apex of its prevailing rising wedge pattern, which points to a potential breakdown toward $0.513 by the end of December.
Cyvers launches institutional crypto security tool for $4B vulnerability
Cyvers and Station70’s solution uses an AI-powered real-time threat detection system to protect institutional-grade crypto transfers, aiming to bolster mass adoption.
South Korea’s Democratic Party pushes to implement 20% crypto tax in 2025
South Korea’s Democratic Party said increasing the tax threshold to 50 million won ($36,000) would mean only big players will be affected.
Solana’s record $318B transfer volume ‘bot driven’ — Will SOL price suffer?
Solana activity hits record highs on multiple metrics, but data reveals its performance may be inorganic.
Savvy memecoin trader makes $988K in 3 hours despite rug pull
Memecoins have turned numerous cryptocurrency investors into millionaires despite their intrinsic lack of utility.
Wrapped Bitcoin in DeFi: Evaluating wBTC, cbBTC and tBTC
Explore how trade-offs between centralization, security, and adoption are shaping wrapped Bitcoin protocols.
Hong Kong Cyberport Web3 network grows to 270 blockchain firms
Cyberport’s rapid growth includes over 270 Web3 enterprises and initiatives for real-world blockchain applications in Hong Kong.
BIS study questions decentralization in DeFi liquidity provision
BIS researchers concluded that liquidity provision is not decentralized apart from its technical implementation.
Five warning signs Bitcoin’s price could be about to crash: CryptoQuant
Onchain data service says there are five key indicators that may help investors determine if Bitcoin is nearing a local top. One of them is already flashing red.
US needs ‘Manhattan Project-like’ AI plan to vie with China, says govt commission
Among specific recommendations, the USCC wants the US Secretary of Defense to mark AI projects with the highest national priority designation.
Sky, formerly Maker, launches USDS stablecoin on Solana
Sky is offering $500,000 in USDS rewards for early adopters and stablecoin liquidity providers.
BlackRock Bitcoin ETF options see ‘unheard of’ $1.9B traded on first day
Bloomberg’s senior ETF analyst Eric Balchunas said “$1.9 billion is unheard of for day one,” as the debut for options on BlackRock’s spot Bitcoin ETF saw huge volumes.
FDIC chair, ‘architect of Operation Chokepoint 2.0’ Martin Gruenberg to resign Jan. 19
Martin Gruenberg is set to exit as FDIC Chair, with Representative Tom Emmer blasting him as “an architect of Operation Chokepoint 2.0.”
Rumble shares rise 9% as founder mulls scooping up Bitcoin
Rumble shares soared after the bell as its CEO Chris Pavlovski said he’s considering adding Bitcoin to the video streaming firm’s balance sheet.
Michael Saylor to pitch Microsoft board on Bitcoin buying strategy
MicroStrategy’s Michael Saylor says he’ll get three minutes to pitch Microsoft on why it should buy Bitcoin, claiming it would make it a more stable and less risky stock.
Smithsonian to display IRS laptop that tracked Bitfinex’s 120K stolen Bitcoin
The Smithsonian Institute has obtained the laptop owned by former IRS agent Chris Janczewski which was used to track down the 2016 Bitfinex hacker who stole 120,000 Bitcoin.
Dogecoin to $5? It’s possible according to a ‘Gaussian channel’ model
One analyst says DOGE could rally 5,000% from its current price, based on a Gaussian channel analysis.
Donald Trump taps crypto advocate Lutnick as commerce secretary
The future commerce secretary is a billionaire whose Wall Street firm has ties to Tether.