Monthly Archives: December 2024

An analyst predicts that Ether may outperform Bitcoin in January 2025, IRS introduces new DeFi rules, and more: Hodlers Digest Read More at https://cointelegraph.com/magazine/ethereum-outperform-bitcoin-prediction-irs-defi-broker-rules-hodlers-digest/?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

The United States Treasury Department and the Internal Revenue Service (IRS) received more than 44,000 comments after proposing the rule. Read More at https://cointelegraph.com/news/de-fi-3-options-irs-rule-isn-t-rolled-back-alex-thorn?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

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. Read More at https://cointelegraph.com/news/trump-bitcoin-policies-depend-us-standing-ki-young-ju?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

El Salvador joins the US, China, the UK, Ukraine and Bhutan as the only countries with Bitcoin holdings currently above 6,000 BTC. Read More at https://cointelegraph.com/news/el-salvadors-bitcoin-holdings-cross-6000-btc-milestone?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Republicans currently have a narrow majority in the United States House of Representatives, where the party holds 219 seats. Read More at https://cointelegraph.com/news/david-sacks-2-years-push-meaningful-policies-lawyer?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Crypto debit cards allow users to spend their cryptocurrency holdings; they work by converting crypto into fiat currency at the point of sale. Read More at https://cointelegraph.com/news/what-are-crypto-debit-cards-how-they-work-and-where-to-use-them?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

The lawsuit alleges that the IRS’ latest rulemaking exceeds the agencies’ statutory authority and violates the Administrative Procedure Act. Read More at https://cointelegraph.com/news/blockchain-association-lawsuit-irs-decentralized-finance-rules?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

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. Read More at https://cointelegraph.com/news/3-major-developments-spurred-crypto-adoption-2024?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

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. Read More at https://cointelegraph.com/news/ether-etfs-december-record-inflows-2024?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

AI cryptocurrencies have dropped nearly 30% in value, but analysts forecast a potential recovery during the 2025 altcoin season. Read More at https://cointelegraph.com/news/ai-cryptos-value-drop-altcoin-season-2025?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound