Category: crypto

Galaxy Digital CEO Mike Novogratz predicts that Bitcoin could surpass gold’s market capitalization within five to eight years. Bitcoin’s market cap has reached 14% of gold’s value, with its growth accelerating. Federal Reserve Chair Jerome Powell acknowledges Bitcoin as a digital version of gold but sees it as a speculative asset, not a sovereign currency.…

Coinbase received 10,707 requests from global law enforcement and government agencies, a decrease of 18% from the previous year. The US submitted the highest number of requests, while Germany, the UK, and Spain saw significant declines. Singapore had a 221% increase in requests. Most requests were related to criminal enforcement matters. Coinbase aims to comply…

AlphaOptions traders are placing large bets on Bitcoin reaching $120,000 in 2024, despite low odds. High open interest at the $120,000 strike price indicates market confidence in a strong finish for Bitcoin.

Ethereum (ETH) is expected to see a resurgence in 2025, fueled by the tokenization of real-world assets (RWAs) and the growing interest in Ethereum ETFs. Major players like BlackRock and UBS have adopted blockchain technology for tokenizing RWAs, creating a $100 trillion opportunity. Regulatory changes may further accelerate Ethereum’s growth.

A new wave of crypto exchange-traded funds (ETFs) is expected in 2025, led by Bitcoin-Ethereum products, Litecoin, and Hedera Hashgraph. Legal and regulatory hurdles may delay ETFs tied to Solana and XRP. Litecoin and HBAR have higher odds of approval, but market interest remains uncertain. Regulatory clarity will shape the future of crypto ETFs.

Founder Dennis Porter of the Satoshi Action Fund has proposed an executive order for President-elect Donald Trump to create a Strategic Bitcoin Reserve within the Exchange Stabilization Fund. The order suggests using Bitcoin as a reserve asset, ending auctions of confiscated Bitcoin, and providing oversight mechanisms for transparency and accountability.

Coinbase is fighting against a legal attempt by BiT Global to stop the delisting of wrapped Bitcoin (WBTC), citing concerns about risks associated with TRON founder Justin Sun. Coinbase argues that the lawsuit lacks merit and that BiT’s request for a temporary restraining order should be denied. The case highlights scrutiny over Sun’s influence in…

BlackRock’s spot Bitcoin exchange-traded fund (ETF) IBIT had the most successful launch in over 10 years, with $418.8 million in net flows on Dec. 16. IBIT has surpassed other ETFs in terms of lifetime inflows since 2014, amassing $36.3 billion in net flows and achieving significant daily inflows. Analysts view crypto ETFs as a key…

The Hong Kong government plans to adopt a global crypto tax reporting framework by 2028 after discussions with the OECD. This framework will expand the Common Reporting Standard to cover crypto transactions, aiming to improve transparency and combat tax evasion. Legislative amendments are being prepared, with the first automatic exchange of information expected in 2028.…

Tether has invested in European stablecoin issuer StablR ahead of the implementation of Europe’s MiCA rules. StablR holds a license from the Malta Financial Services Authority and aims to comply with MiCA regulations. Tether’s investment in StablR and other compliant projects shows a shift towards regulatory compliance in the stablecoin market.