Approximately 20,000 Bitcoin options contracts will expire on Friday, Jan. 3, in the first such event of 2025. They have a notional value of $1.93 billion, which is a fraction of last week’s mammoth end-of-year expiry event, so the impact on spot markets is likely to be minimal. Bitcoin Options Expiry This week’s batch of […]
The Swiss Federal Chancellery registered a new initiative on December 31, proposing that the Swiss National Bank hold Bitcoin as part of its reserves, potentially setting the stage for a public referendum. The initiative, spearheaded by a group of 10 Bitcoin advocates, including Giw Zanganeh, who happens to be Tether’s vice president of energy and […]
The CEO of Metaplanet says the US is touching off an international race for BTC reserves. Crypto analysts have dubbed the Japanese venture capital fund the “MicroStrategy of Japan” for its voracious Bitcoin purchases. In an interview at Michael Saylor’s New Year’s Eve Party in Miami on Tuesday, Gerovich said Japan would be sure to […]
The CEO of Metaplanet says the US is touching off an international race for BTC reserves. Crypto analysts have dubbed the Japanese venture capital fund the “MicroStrategy of Japan” for its voracious Bitcoin purchases. In an interview at Michael Saylor’s New Year’s Eve Party in Miami on Tuesday, Gerovich said Japan would be sure to […]
Ethereum co-founder Vitalik Buterin has made a contribution to the legal defense fund for Tornado Cash developers Roman Storm and Alexey Pertsev. Buterin gave 50 ETH, valued at approximately $170,000 at writing time, to aid the developers as they navigate mounting legal challenges. The Donation The news was shared through a Dec. 31 post on […]
The United States Internal Revenue Service (IRS) has introduced a temporary relief measure to address potential tax challenges for cryptocurrency holders using centralized finance (CeFi) brokers in 2025. As explained by Shehan Chandrasekera, Head of Tax Strategy at CoinTracker, the relief mitigates complications stemming from the implementation of Section 6045 custodial broker regulations, which take […]
The Ripple cross-border payment token has climbed almost 15% over the past 24 hours, hitting an intraday high of $2.44 during early trading in Asia on Jan. 2. It is the highest XRP has been since mid-December, as payment coins lead the way into the new year. The Ripple token exploded to top $2.90 in […]
Tron’s (TRX) price reached an all-time high of $0.44 in the first week of December 2024, smashing previous records amid a crypto-wide bull run that gained steam after Donald Trump’s presidential win. TRX’s return to the 10th position by market capitalization has brought a sense of revival to the community, yet its price continues to […]
According to CryptoQuant’s latest data, Binance has reached a new milestone in its stablecoin reserves as it hit an all-time high of $31 billion recently. This marks a significant recovery and growth, as the reserves stood at just $7 billion in June 2023. Therefore, the latest figure reflects a nearly fivefold increase over six months. […]
After a brief hiatus, the notorious “Blockchain Bandit” has re-emerged as the year ends, consolidating a staggering 51,000 ETH, valued at approximately $172 million, into a single multisig wallet. This transfer was made on December 30. “Blockchain Bandit” Returns In the latest update, prominent blockchain investigator ZachXBT revealed that the consolidation originated from 10 wallets, which […]