Monthly Archives: December 2024

Around 80% of demand for the spot Bitcoin ETFs came from retail, but industry analysts expect institutions to pick up the pace in 2025. Read More at https://cointelegraph.com/news/bitcoin-and-etheretfs-smash-2024-expectations-with-nearly-40-billion-inflows?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Uniswap chief legal officer said the IRS DeFi broker rule “absolutely should be challenged,” while a Consensys lawyer argued that the ruling was released on “the last Friday of 2024 in the middle of a holiday stretch on purpose.” Read More at https://cointelegraph.com/news/internal-revenue-service-defi-rule-challenge-uniswap?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Galaxy Research expects US government departments to make “some movement” in 2025 to explore an “expanded Bitcoin reserve policy,” but no Bitcoin will be purchased. Read More at https://cointelegraph.com/news/galaxy-digital-research-united-states-government-bitcoin-buy-2025-prediction?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

This week’s Crypto Biz explores Bitcoin’s landmark year, Crypto.com’s new custody service, Russia’s partial ban on crypto mining and taxes on staking rewards in the US. Read More at https://cointelegraph.com/news/crypto-biz-the-year-of-bitcoin?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Declining network activity and interest in memecoins put a dent in Solana price, but derivatives data suggest limited downside. Read More at https://cointelegraph.com/news/will-solana-price-hold-180-after-30-drop-in-weekly-dapp-volumes?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

The new IRS rules classifying DeFi protocols as brokers have triggered a swift backlash in the crypto industry, with calls for Congress to overturn the rules. Read More at https://cointelegraph.com/news/crypto-industry-calls-congress-block-new-defi-broker-rules?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

The National Institute of Standards and Technology (NIST) seeks public input on the proposed changes until June 25, 2025. Read More at https://cointelegraph.com/news/nist-proposes-standardizing-aes-encryption?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Fractal analysis suggests a DOGE rally above $0.35 will culminate with new all-time highs abovce $2.35. Read More at https://cointelegraph.com/news/dogecoin-price-conservative-target-starts-at-2-35-based-on-doge-bull-market-fractal?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Howells told Cointelegraph about his legal battle to recover a lost $773 million Bitcoin hard drive, which he plans to use to finance blockchain innovation. Read More at https://cointelegraph.com/news/buterin-adopts-moo-deng-christmas-wishes-lost-773-m-btc-wallet-finance-redefined?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

The final regulation treats DeFi front-ends as brokers, demanding the disclosure of gross proceeds from sales of digital assets. Read More at https://cointelegraph.com/news/irs-final-regulations-digital-asset-reporting-brokers?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound