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
Posts published on December 28, 2024 go to media archive 1/2
Bitcoin Next Move Hinges On Critical $96,600 Region – Here’s Why
The price of Bitcoin saw no overall gain over the past week as the premier cryptocurrency continued to undergo a market correction. Despite multiple upward movements, Bitcoin struggled to break past the $100,000 resistance with its price…
Bitwise Pursues Approval for Groundbreaking Bitcoin Standard Corporations ETF
Bitwise, one of the largest asset managers in the U.S., has filed for clearance to launch an ETF tracking the performance of companies holding bitcoin as a reserve asset. The instrument, called Bitwise Bitcoin Standard Corporations ETF, would own…
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.
Crypto Market Remains Greedy Despite Bitcoin Price Crash To $94,000, Is A Recovery Coming?
You could argue that the cryptocurrency market maintains its confidence despite the Bitcoin price experiencing a significant drop to $94,000. Although price action says otherwise, this confidence is highlighted through various predictions from…
Cryptoquant CEO: US Strategic Bitcoin Reserve Adoption Unlikely Amid Economic Strength
Since Donald Trump was elected the 47th President of the United States, bitcoin advocates have faced skepticism about whether his administration and the forthcoming Congress would introduce a strategic bitcoin reserve. Cryptoquant CEO…
Bitcoin To $350K? Kiyosaki Stands Firm Amid BlackRock ETF Drama
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.
Trump’s Dedollarization Warning Falls Flat as Nigeria, China Renew $2 Billion Currency Swap Deal
China and Nigeria have renewed a $2 billion currency swap arrangement for another three years. Trump Tariff Threat China and Nigeria have agreed to renew a $2 billion currency swap arrangement, initially signed in 2018. The arrangement reportedly…
Chainlink Price Could Crash 30% To $15 — Here’s How
The Chainlink price has been under intense bearish pressure over the past week, mirroring the current state of the general market. The altcoin’s value continues to slide deeper after briefly touching the $30 mark in mid-December. A prominent…
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.
Dogecoin Whales Bought Over 90 Million DOGE In 48H – Details
Dogecoin is currently trading around $0.31, a level that has left investors in a state of uncertainty. The price has been stagnant, neither breaking down nor rallying, as it consolidates and prepares for what could be a significant move. This…
Financial Analyst Predicts Massive Debt Crisis for US Economy in 2025
Some individuals believe the U.S. is staring down the barrel of a financial headache in 2025, with a whopping $7 trillion in debt due for renewal, raising alarms about a possible economic meltdown. Financial guru Dr. Jim Willie has sounded the…
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.
Ethereum Fades, XRP Climbs, but 2024 Belongs to Bitcoin
2024 has been colossal for bitcoin, and with just a handful of days left in the year, its dominance now stands at 56.8% of the $3.29 trillion crypto economy. Back in January, bitcoin held a lower 50.3% of the market, which was then valued at $1.65…
A 20%-30% Correction Is ‘The Most Bullish Thing’ That Could Happen To Bitcoin – Analyst
Bitcoin is navigating turbulent waters as its price continues to slide, searching for a stable support level amid growing uncertainty. The current downward momentum has sparked concerns among investors and analysts, with many questioning whether…
Best Meme Coin to Buy? Wall Street Pepe Presale Hits $36M in Just 3 Weeks
Meme coin ICOs are hot right now. Pepe Unchained recently provided 8x gains after holding the biggest ever meme coin presale, but one new project has broken all records and is next to launch. Wall Street Pepe ($WEPE) has raised $36 million in just…
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.
Frax Finance Eyes Blackrock’s BUIDL Token as Next-Gen Reserve Asset
Frax Finance, the issuer of the stablecoin frax usd (FRAX), which currently holds the ninth spot among fiat-pegged tokens by market capitalization, is weighing the addition of Blackrock’s BUIDL token as a reserve backing asset. A governance vote…
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.
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.
2025 Crypto Forecast: Four-Year Cycle Points To Peak In Q2/Q4, Expert Advises Caution
As the market approaches the end of 2024, the crypto landscape is teeming with speculation and anticipation. A recent report from the data aggregator CoinGecko has provided a comprehensive analysis of what investors can expect in 2025. With the…
Millions in SOL at Stake: Solana Co-Founder Hit With Fraud Lawsuit by Ex-Wife
Stephen Akridge, a co-founder of blockchain platform Solana, faces a lawsuit from his ex-wife, Elisa Rossi, alleging he misappropriated millions in solana (SOL) token profits. Rossi claims Akridge exploited his advanced crypto knowledge to secretly…
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.
Is Bitcoin Ending 2024 On A High Note? Analysts Say This Level Is Key
As Bitcoin (BTC) continues to move sideways, investors wonder whether the flagship crypto will end the year positively or on a sour note. Some analysts suggest a close above recently lost levels could propel BTC’s price to new highs…
Brazilian Congresswoman Sounds Alarm on Drex CBDC Risks, Rejects Cash Elimination Bill
Julia Zanatta, a Brazilian congresswoman, has raised concerns about the effects of implementing drex, the Brazilian CBDC, on the lives of citizens. Zanatta emphasized that drex, if not properly implemented, might lead to the prohibition of physical…
Galaxy Research Reveals Bitcoin, Ether And Dogecoin Price Projections In 2025 Crypto Forecast
Digital asset and blockchain company Galaxy Research, led by head of research Alex Thorn, has released a forecast for 2025, predicting significant price movements and regulatory changes across major cryptocurrencies including Bitcoin (BTC)…
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.
Bitcoin ‘Head and Shoulders’ Setup Raises Fears Of $80,000 Price Drop – Details
Solana Degens Fund Rare Tumor Research With Memecoin
A distraught father whose daughter has a rare brain tumor was pleasantly surprised by a multimillion-dollar memecoin gift on Christmas day after starting a campaign to raise money for research into a cure for the disease. Multimillion-Dollar…