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IRS says crypto staking should be taxed in response to lawsuit
In a filing on Monday, the US International Revenue Service (IRS) stated that the rewards gotten from staking cryptocurrencies should be taxed, responding to a lawsuit from couple Joshua and Jessica Jarrett.
Bitcoin
Ethereum
Fxstreet
Dec 24, 2024
Solana dominates Bitcoin, Ethereum in price performance and trading volume: Glassnode
Solana (SOL) is up 6% on Monday following a Glassnode report indicating that SOL has seen more capital increase than Bitcoin and Ethereum.
Solana
Fxstreet
Dec 24, 2024
Bitcoin’s Key SOPR Metric Holds Steady: Are Long-Term Holders Eyeing Higher Prices?
Bitcoin has continued to see declining performance in recent days with on-chain metrics offering valuable insights into market behavior. Among these metrics, the Spent Output Profi
NewsBTC
Dec 24, 2024
South Korea join US against North Korean hackers involved in crypto thefts
South Korea has teamed up with the US in efforts to fight against North Korean hackers linked to cryptocurrency heists, according to the latest reports.
Bitcoin
Ethereum
Cryptopolitan
Dec 24, 2024
Bitcoin To Top Above $168,500 Based On This Indicator, Analyst Reveals
An analyst has explained how Bitcoin could see a top beyond the $168,500 mark based on the historical trend in this indicator.
Bitcoin
NewsBTC
Dec 24, 2024
XRP dominates Binance’s altcoin market in December
XRP was amongst the most traded altcoin on Binance this December according to CryptoQuant analyst JA Maartunn.
XRP
Cryptopolitan
Dec 24, 2024
Prediction markets show 77% odds of a Magnificent 7 company will buy Bitcoin in 2025
Prediction markets have gone ballistic. Kalshi, one of the sharpest platforms out there, says there’s now a 77% chance that one of the Magnificent 7 companies (Apple, Amazon, Meta, Microsoft, Tesla, Nvidia, or Alphabet) will take the plunge and buy Bitcoin in 2025. A few months ago, those odds were sitting at 49%. What happened? […]
Cryptopolitan
Dec 23, 2024
Metaplanet Bitcoin Reserves Grow With Fresh $61 Million Purchase
Japan-based early-stage investment firm Metaplanet continues its Bitcoin (BTC) buying spree. The company announced today that it has purchased 619.7 BTC for $61 million – inc
NewsBTC
Dec 23, 2024
Hyperliquid (HYPE) Threatened By North Korean Hackers: What Investors Need To Know
Hyperliquid (HYPE), a decentralized perpetual exchange (DEX) operating on its own Layer 1 blockchain, is currently grappling with significant security concerns after observing abno
Bitcoinist
Dec 23, 2024
Ethereum Price Forecast: ETH risks a decline to $3,000 as investors realize increased profits and losses
Ethereum (ETH) is up 4% on Monday despite increased selling pressure across long-term and short-term holders in the past two days.
Ethereum
Fxstreet
Dec 23, 2024
Litecoin HODLing Strong Despite 15% Crash: 54% Of Supply Dormant Since 1+ Years
On-chain data shows HODLing behavior on the Litecoin network has remained strong recently despite the plunge that LTC’s value has observed. Litecoin HODLers Currently Control
Bitcoinist
Dec 23, 2024
Is Ethereum Ready To Break Out? Key Indicators Suggest Strong Market Confidence
Ethereum (ETH) has remained a focal point in the cryptocurrency market, even as its price action continues to lag behind Bitcoin’s recent bullish trajectory. Despite failing
NewsBTC
Dec 23, 2024
AI agents rallied the most among the first batches of Binance Alpha tokens
Binance Alpha has already announced 29 tokens in its curation program for Web3 wallet users. The biggest earners in that selection were AI agent tokens. After a faulty start where a fake list was announced, some of the tokens jump-started their trading based on renewed hype. Since the token launch, 17 assets went higher and […]
Cryptopolitan
Dec 23, 2024
Nokia patents encryption system to tackle rising crypto asset vulnerabilities
Mobile phone manufacturer Nokia has filed a patent for encrypting digital assets to increase their security. According to reports, the company applied to China’s National Intellectual Property Administration in June 2024. The abstract for the patent shows that the system will be capable of encrypting digital assets using a first key. With the process, digital […]
Cryptopolitan
Dec 23, 2024
Crypto Market Sees $1 Billion Outflows—Bitcoin And Select Altcoins Show Resilience
The latest report from CoinShares, a leading digital asset investment firm, reveals that last week’s performance for crypto asset investment products was mixed. According to
Bitcoinist
Dec 23, 2024
Crypto industry in the US anticipates early executive orders by Donald Trump
The crypto industry is urging Donald Trump’s team to begin his promised crypto policy changes when he becomes president next month. Industry officials say they want him to use executive orders to make cryptocurrencies more mainstream. According to Reuters, Trump plans to sign many executive orders and directives on his first day in office, covering […]
Cryptopolitan
Dec 23, 2024
Bitcoin Average Trading Volume On CEX Stands At $31B – Still Far From The Record Highs In March
Bitcoin has endured days of underwhelming price action, retreating from its all-time high of $108,364 to a local low of $92,100. Despite this sharp pullback, the price structure re
Bitcoinist
Dec 23, 2024
If History Repeats Dogecoin Has Potential For A Parabolic Rally – Details
Dogecoin (DOGE) has faced significant volatility, with the price plunging 45% from its multi-year high of $0.48. Despite the sharp correction, DOGE has managed to hold above the cr
NewsBTC
Dec 23, 2024
2025 will see Fed rate hikes, rampant Trump tariffs and a China recession, says Apollo
Apollo Management dropped its 2025 market risk report, and it’s not looking pretty. Fed rate hikes are back on the table, Trump is ready to slap tariffs on half the world, and China’s economy might finally cave under the weight of its deflation crisis. If this plays out, 2025 won’t just be volatile, it’ll be […]
Cryptopolitan
Dec 23, 2024
Crypto Today: BTC hits new Trump-era low as Chainlink, HBAR and AAVE lead market recovery
The global cryptocurrency market cap shrank by $500 billion after the Federal Reserve's hawkish statements on December 17.
Aave
Bitcoin
Chainlink
Fxstreet
Dec 23, 2024
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