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
Author Archives: pdgweb
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. 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 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. 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
US-listed Bitcoin, Ether ETFs tally $38.3B net inflows in launch year
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
IRS DeFi broker rule ‘absolutely should be challenged,’ says Uniswap CLO
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
US government will not buy Bitcoin in 2025 — Galaxy Research
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
Crypto Biz: The Year of Bitcoin
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
Will Solana price hold $180 after 30% drop in weekly DApp volumes?
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
Crypto industry calls on Congress to block new DeFi broker rules
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
NIST proposes standardizing a wider variant of AES encryption
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