Bitcoin Surge Possible 2025 Blockware Predicts
Bitcoin’s potential price in 2025 could range from $150K to $400K, influenced by Stock-to-Flow Ratio (SBR) and Federal Reserve rates, says @Blockware. #Update #Crypto @Blockware ↗ (+3)
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Altcoin Market Cap Surges 16 Percent
A crypto trader suggests the altcoin market cap must rise 16% before reaching “euphoria,” predicting a “choppy” market until then. #Update #Crypto @Cointelegraph ↗ (+2)
DeFi Faces IRS Challenge: Three Solutions
The United States Treasury Department and the Internal Revenue Service (IRS) received over 44,000 comments on a proposed rule impacting decentralized finance (DeFi), with @AlexThorn suggesting three options if the rule isn’t rolled back. #Update #Legal @AlexThorn → (0)
Crypto: ETH vs BTC Jan Outlook
An analyst predicts $ETH could outperform $BTC in Jan 2025 as the Internal Revenue Service (IRS) introduces new decentralized finance (DeFi) rules impacting crypto brokers, signaling potential regulatory shifts. #Update #Legal @Cointelegraph ↗ (+3)
Crypto Forecast ETH vs BTC January
An analyst predicts $ETH may outperform $BTC in Jan 2025; Internal Revenue Service (IRS) introduces new DeFi broker rules impacting crypto taxation. #Update #Legal @IRSnews ↗ (+3)
Bitcoin Policies Shift with US Economy
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. #Update #Crypto @Cointelegraph → (0)
Crypto Adoption Soars with 2024 Developments
The crypto industry in 2024 saw pivotal advancements with Markets in Crypto-Assets (MiCA) regulations in Europe, Bitcoin adoption surging in Latin America, and the United States considering a strategic Bitcoin reserve. #Update #Crypto @Cointelegraph ↗ (+7)
Bitcoin Milestone El Salvador Hits 6000 BTC
El Salvador now holds over 6,000 $BTC, joining the US, China, the UK, Ukraine, and Bhutan in this exclusive group, marking a significant milestone in its cryptocurrency investment strategy. #Breaking #Crypto @ElSalvadorGov ↗ (+8)
Crypto Showdown: Blockchain Sues IRS
The Blockchain Association sues the Internal Revenue Service (IRS), alleging that the IRS’ new crypto broker rules exceed statutory authority, violating the Administrative Procedure Act. #Update #Legal @BlockchainAssn ↘ (-3)
Crypto Debit Cards Revolutionize Spending
Crypto debit cards, like those from @CryptoCom, convert $BTC and other cryptocurrencies into fiat at the point of sale, enabling seamless spending in everyday transactions. #Update #Crypto @CryptoCom ↗ (+3)
Ethereum Surges: Ether ETFs Inflows Double
Ethereum’s monthly ETF inflows doubled, yet $ETH failed to break the $3,500 resistance, which would liquidate over $1B in short positions. #Update #ETF @Ethereum ↗ (+3)
IRS Rule Challenge Urged by Uniswap
Uniswap’s chief legal officer criticized the IRS’s new DeFi broker rule, suggesting it should be contested, while a Consensys lawyer claimed the timing of the release was strategic. #Update #Legal @Uniswap ↘ (-3)
Bitcoin ETFs Surge with $38.3B Inflows
US-listed Bitcoin and Ether ETFs recorded $38.3B in net inflows in their launch year, with 80% demand from retail; analysts foresee institutional growth by 2025. #ETF @Cointelegraph ↗ (+3)
IRS DeFi Rule Challenge Urged Uniswap
Uniswap’s chief legal officer criticized the IRS’s new DeFi broker rule, while a Consensys lawyer suggested the timing was strategic, released on the last Friday of 2024 during a holiday period. #Update #Legal @Uniswap ↘ (-3)