MOVE Airdrop Mania Takes Over – Could 2025 Be the Year of Massive Airdrops?
The native token of the layer-two Ethereum network Movement has delivered significant gains to investors who were eligible to receive its airdrop on December 9. Within the first 24 hours, the token’s price rose from around $0.70 to over $2 at some point the day after the airdrop. Although the price has settled above the […]
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Crypto Community Reacts To New IRS DeFi Reporting Rules
The crypto community is pushing back against new DeFi tax guidelines brought forward by the IRS on Friday.
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HMRC warning to avoid ‘£100 fine’ as even those on state pension risk missing deadline
Last year, nearly 26,000 people filed their self-assessment returns between December 24 and 26. …
Montenegro Approves Do Kwon’s Extradition to the US for Prosecution
Montenegro has approved the extradition of South Korean crypto entrepreneur Do Kwon to the U.S., concluding lengthy legal disputes over his role in the $60 billion collapse of the Terra-Luna blockchain.
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XRP to Overtake BTC and ETH Crypto Analyst Points to $1.5 Trillion Market Cap
One crypto analyst on X shared on Wednesday an investment thesis that sees the market cap of XRP surging to as much as $1.56 trillion if the token’s dominance continues to scale up in the following months. Egrar Crypto, a technical analyst whose X account is followed by nearly 70,000 fans people, emphasized that Ripple […]
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Japan, Russia Rule Out National Bitcoin Reserve ‘For Now’
The governments of Japan and Russia have ruled out creating national Bitcoin (BTC) reserves in the near future.
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Kyrgyzstan’s Crypto Mining Tax Revenue Falls 50% to Only $500K in 2024: Report
Kyrgyzstan, a Central Asian nation known for its affordable electricity prices, has been a hub for crypto mining in recent years but this is changing as prices rise.
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Crypto Council for Innovation CEO’s X Account Hacked to Promote $SPELL
Sheila Warren, CEO of the Crypto Council for Innovation, had her X account hacked on December 26, promoting $SPELL token scams. The organization quickly addressed the issue, removing the posts and warning the public.
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Solana Defies Bearish December, DEX Trading Volume Surpasses $100B
Solana DEX trading volumes exceeded $100B in December 2024, outpacing Ethereum and Binance Smart Chain. With Raydium leading single-chain DEXs and Solana’s TVL soaring by 57%, the blockchain’s efficiency and scalability continue to attract DeFi users. SOL price, however, saw a 20% decline.
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Ethereum Price Set to Dip to $3,000 – Buy the Dip?
The Ethereum (ETH) price is on the back foot on Friday, the final trading day of the year in traditional financial markets, and is threatening a break back below $3,300.
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