The bankrupt crypto lender Celsius Network has filed an appeal challenging a court ruling that dismissed its $444 million claim against the defunct crypto exchange FTX. The appeal, which is currently awaiting review in the District Court, comes as part of Celsius’ ongoing litigation efforts to recover funds from FTX. Celsius’ Initial Claim According to […]
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 $2.90 in […]
The crypto market is down, but the opening of 2025 has favored some smaller meme coins. Meme coin investment platform Meme Index ($MEMEX) enjoys a tailwind today, with its presale generating $200K in inflows throughout the past 24 hours. Meme Index is the first decentralized meme coin index investing platform. It allows users to buy […]
Although the past seven days saw leading cryptocurrencies and the broader crypto market drop in value, several coins are defying the downturn. While Bitcoin (BTC) faces a red trend today, Pudgy Penguins (PENGU) and Fartcoin (FARTCOIN) are up 12.11% and 15.63%, respectively. Besides established meme coins, investors are showing their trust in projects that are […]
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 […]