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China-affiliated group implicated in UK government cyber attack, data theft
Government systems in the United Kingdom have been breached in a cyber attack linked to China, with suspicions pointing to a group called Storm 1849, according to a report from the BBC. The incident involved sensitive data handled by the Foreign Office on behalf of the Home Office, and though officials say the risk to […]
Cryptopolitan
Fri, Dec 19
The Complete Guide to U.S. Crypto Taxes Under the New Rules
Learn how crypto is taxed under the latest U.S. rules. Covers trading, staking, DeFi, NFTs, mining, payments, and new IRS reporting requirements.
Cryptopolitan
Fri, Dec 19
Bybit launches spot trading, P2P platform in UK return after two-year absence
The second-largest cryptocurrency exchange by volume, with over $6.2 billion in assets trading on its platform, has returned to the UK after a two-year absence. Bybit has reportedly launched a spot trading platform with 100 crypto pairs and a peer-to-peer marketplace, in partnership with UK-based Archax. The Dubai-based exchange bid farewell to the European jurisdiction […]
Cryptopolitan
Fri, Dec 19
210 Bitcoin Land On Taiwan’s Balance Sheet After Asset Crackdowns
Taiwan has taken custody of about 210.45 BTC. According to official responses shared with lawmakers, the coins were seized during criminal probes into fraud, money laundering and other illegal activity. Related Reading: Crypto Treasury Firms Face $15B Selling Pressure From MSCI Decision The holdings...
Bitcoinist
Fri, Dec 19
Crypto Today: Bitcoin, Ethereum, XRP rebound amid bearish market conditions
Bitcoin (BTC) is edging higher, trading above $88,000 at the time of writing on Monday. Altcoins, including Ethereum (ETH) and Ripple (XRP), are following in BTC’s footsteps, experiencing relief rebounds following a volatile week.
Bitcoin
Ethereum
XRP
Fxstreet
Fri, Dec 19
Lbya ramp up efforts to halt illegal operations as cheap electricity drives BTC mining surge
Libya’s cheap and subsidized electricity has driven a surge in Bitcoin mining operations in the country, thanks to the profitability of running even old Bitcoin rigs.
Cryptopolitan
Fri, Dec 19
EchoSync unveils trade copying tools for spectators of Aster DEX human vs. AI trading competition
EchoSync has launched a new copy trading dashboard for the decentralized perpetual exchange Aster’s Human vs. AI trading competition. The initiative pits human traders against algorithm-driven AI large language models to see which of the two can garner the most realized profits over a two-week period. According to the AI-data driven statistics platform’s official announcement […]
Cryptopolitan
Fri, Dec 19
Solo Bitcoin miner earns $271,000 using cheap rented hashpower
A solo miner rented cheap hashpower and mined a Bitcoin block, earning roughly $271,000.
Cryptopolitan
Fri, Dec 19
Bitcoin Feels The Weight Of Quantum Risk Concerns, Industry Leaders Warn
Concerns over quantum computing are weighing on Bitcoin’s price and slowing some investment flows, amid a sharp divide between developers and many investors. Related Reading: UK Crypto Ownership Takes Biggest Hit Since 2021, Regulator Says Developers Call Threat Distant According to Bitcoin develope...
NewsBTC
Fri, Dec 19
This New Altcoin Is Approaching 100% Allocation, Top Crypto Investors Rush to Buy Before V1 Launch
With crypto, the largest paradigm shifts tend to take place even before the audience notices. The process is about to develop slowly, access gets smaller and those investors who trace and track progress, rather than follow the newspaper reports, are the first to move. As it occurs, at times when allocation is tightened and a […]
Cryptopolitan
Fri, Dec 19
Poland adopts controversial crypto law designed to localize MiCA rules
The Polish parliament has finally approved a government-proposed crypto bill that has become the focal point of a heated political clash with the head of state and the opposition. The legislation, strongly criticized by the industry as a threat to domestic crypto business, has been pushed through after an earlier attempt to overturn President Karol […]
Cryptopolitan
Fri, Dec 19
Crypto Industry Voices Opposition To Potential Limits On Stablecoin Rewards In Legislation
A coalition of leading cryptocurrency firms is urging lawmakers on the Senate Banking Committee to reject specific provisions concerning stablecoins outlined in the recently passed GENIUS Act. This push, coordinated by the Blockchain Association, comes as more than 125 participants from the crypto i...
Bitcoinist
Fri, Dec 19
UK retail sales fell in November, missing expectations
UK retail sales fell 0.1% in November, missing expectations as consumers reduced their spending.
Cryptopolitan
Fri, Dec 19
Citi sets 12-month bitcoin forecast at $143,000 on rising adoption, regulatory easing
By Siddarth S Dec 19 (Reuters) - Citigroup set its 12-month forecasts for bitcoin and ether at $143,000 and $4,304, respectively, betting on regulatory easing and increased adoption.The Wall Street brokerage's target for bitcoin BTC= implies a roughly 62% upside from its trading level of $88,...
Reuters
Fri, Dec 19
ETH supply on exchanges diminish as whales scoop up the dip
Ethereum trades below $3,000, but whales are buying the dip, withdrawing more tokens from Binance's reserves.
Cryptopolitan
Fri, Dec 19
Robinhood’s deployer address sets single-day record on December 17
Robinhood’s push into tokenized equities continued this Friday with new smart contracts, about 10 days after it deployed over 400 transactions on its blockchain deployer Arbitrum address. According to blockchain data from Arbiscan, the address labeled “Robinhood: Deployer” executed 500 separate smart contract deployments for tokenized stock assets on Wednesday. This is the largest single-day […]
Cryptopolitan
Fri, Dec 19
Sui Price Forecast: Sui rebounds amid Bitwise spot ETF application, market recovery
Sui (SUI) ticks higher by 6% at press time on Friday, as the broader cryptocurrency market recovers. Bitwise filed an official application to the US Securities and Exchange Commission (SEC) to list a SUI-focused Exchange Traded Fund (ETF) on Thursday.
Fxstreet
Fri, Dec 19
Zcash rally may be rotation-led, Real Vision CEO says
Raoul Pal says Zcash’s recent surge is likely driven by capital rotation rather than a long-term bullish trend.
Cryptopolitan
Fri, Dec 19
$415 Million Bitcoin Gamma Flush Looms: The Next 8 Days Are Crucial, Says Analyst
Bitcoin’s options market has a new obsession: Christmas week. In a post Thursday, energy-sector managing partner David Eng argued the next eight days (December 19 through December 26) could define the near-term cycle for BTC, not because of a macro headline or some sudden ETF stampede, but because a...
NewsBTC
Fri, Dec 19
Terraform Labs administrator sues Jump Trading for $4B
Terraform Labs has filed a $4B lawsuit against Jump Trading, alleging secret deals, market manipulation, and illicit profits tied to UST and LUNA’s collapse.
Cryptopolitan
Fri, Dec 19
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