Memecoins surged to as high as $137 billion in December before falling to as low as $92 billion in the same month. The memecoin market lost over $40 billion in December, with traders witnessing massive volatility and shifting opportunities. Read More at https://cointelegraph.com/news/memecoins-market-cap-december-decline?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Author Archives: pdgweb
Altcoin ‘euphoria’ phase begins once market cap jumps 16% — Trader
A crypto trader says the altcoin total market cap needs to rise around 16% before “euphoria” sets in, and until then, the market could remain “choppy.” Read More at https://cointelegraph.com/news/altcoin-crypto-market-euphoria-phase-begins-trader?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin may reach $150K or $400K in 2025, based on SBR and Fed rates — Blockware
Bitcoin’s potential price range in 2025 is quite significant, but it bears down to three major factors, according to the crypto mining firm Blockware. Read More at https://cointelegraph.com/news/bitcoin-price-targets-donald-trump-btc-reserve-fed-rates-blockware?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
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 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
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. 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
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. 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'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. 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
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. 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
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. 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
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. 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