Kyrgyzstan is considered an ideal destination for cryptocurrency miners, due to its untapped renewable energy resources. Read More at https://cointelegraph.com/news/kyrgyzstan-cryptocurrency-mining-tax-falls-50-2024?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Monthly Archives: December 2024
XRP price warning signs emerge after 300% gains in two months
Whale distribution and a convincing bearish reversal indicator set up XRP for further price declines in early 2025. Read More at https://cointelegraph.com/news/xrp-price-warning-signs-300-gains-two-months?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
EU silence does not make USDT MiCA-compliant, says exec
While MiCA’s implementation phase is ending on Dec. 30, 2024, there is also a transitional 18-month phase in MiCA’s total 36-month timeline. Read More at https://cointelegraph.com/news/tether-usdt-eu-mica-compliance-uncertainty?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Confirmed Bitcoin payments hit yearly low amid holiday illiquidity
Metrics like the number of confirmed payments can be used to gauge investor activity on the Bitcoin network. Read More at https://cointelegraph.com/news/bitcoin-daily-payments-confirmed-reach-yearly-low-holiday-season?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin 'head and shoulders' pattern risks $80K BTC price dip — Analyst
BTC price targets calling for new local lows gain an $80,000 warning from longtime trader and analyst Aksel Kibar. Read More at https://cointelegraph.com/news/bitcoin-head-and-shoulders-pattern-risks-80k-btc-price-dip?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Vote to use BlackRock's BUIDL as backing asset for Frax stablecoin goes live
Voting on the proposal is open from Dec. 27 until Jan. 1, with all votes that have been cast so far in favor of the proposal, all the comments in the discussion are also in favorablecoin-live. Read More at https://cointelegraph.com/news/vote-onboard-blackrock-buidl-backing-fraxusd-st?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Post-Christmas miracle as Bitcoin ETFs clinch inflow after 4-day bleed
US spot Bitcoin ETFs have notched a positive net inflow nearing half a billion after four trading days which bled over $1.5 billion. Read More at https://cointelegraph.com/news/bitcoin-etfs-see-inflow-four-day-outflows?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
BTC could rebound in ‘coming days’ as metric signals growing buy pressure
Bitcoin may be due to a strong price rebound in the coming days with immediate spot buyer demand rising on crypto exchange Binance. Read More at https://cointelegraph.com/news/bitcoin-binance-taker-volume-surge-btc-price-rebound-prediction-analyst?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
BONK falls 7% despite BURNmas taking $51M in tokens out of circulation
The Bonk team initially promised to execute the burn on Christmas Day, but didn’t get around to it until a day later on Dec. 26. Read More at https://cointelegraph.com/news/bonk-team-burns-51-million-worth-bonk-tokens?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Is the Bitcoin DCA opportunity over? Here’s what traders are thinking
Some crypto traders suggest that altcoins may be a better pick than Bitcoin “at this juncture,” though not everyone agrees. Read More at https://cointelegraph.com/news/bitcoin-dollar-cost-averaging-strategy-dca-opportunity-crypto-trader-thoughts-altcoins?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound