News BTS
The meme coin sector showed remarkable growth in 2024, with its market cap swelling from $20b in January to over $120b by December, marking a 500% increase, DWF Labs said in a report on Thursday. Meme coins have disrupted the financial…
Indonesia is yet to finalize the transfer of crypto regulation, supervision and oversight from the Commodity Futures Trading Agency (Bappebti) to the Financial Services Authority (OJK). Since 2018, Bappebti has overseen crypto assets. However, the transition, set to be completed by…
The US Internal Revenue Service (IRS) issued temporary transition relief on Wednesday, postponing new crypto tax reporting requirements. The delay until the start of 2026, would give time for brokers to adapt to the new regulations, which would determine the cost…
Steno Research has projected a record-breaking year for cryptocurrencies in 2025, with Bitcoin (BTC) and Ethereum (ETH) expected to surge to unprecedented levels. According to a December research note, BTC’s price is forecasted to exceed $150,000, while ETH could surpass $8,000.…
Defunct crypto lender Celsius on Tuesday filed a notice of appeal challenging a judge’s order that denied its claims for damages from FTX, as part of its ongoing bankruptcy proceedings. Since early 2024, the lender has sought to recover $2b from…
The Dogecoin (DOGE) price is starting out the year on the front foot after breaking to the north of a short-term symmetrical triangle pattern, X user Trader Tardigrade said in a recent post. #Dogecoin is breaking out of a Symmetrical Triangle…
It’s been a quiet start to the year in crypto markets, with the Ethereum (ETH) price moving sideways in the $3,300s now for around one week. But volatility is coming, and is likely to hit very soon. Chart analysis suggests ETH…
The Floki DAO unanimously approved a liquidity allocation on December 27, 2024, to facilitate the creation of a Floki Exchange-Traded Product (ETP) on the SIX Swiss Exchange, strengthening its efforts to integrate with traditional finance. This approval enables Floki to pursue…
U.S. Bitcoin exchange-traded funds (ETFs) ended a four-day streak of outflows with a net inflow of $475.2 million on December 26, signaling renewed investor interest. The inflows followed outflows totaling $1.52 billion between December 19 and December 24, which included a…
Bitwise Asset Management has filed with regulators to launch a new exchange-traded fund (ETF) targeting publicly traded companies with substantial Bitcoin reserves. The proposed Bitwise Bitcoin Standard Corporations ETF would invest in firms that have at least 1,000 BTC in their…
Blockchain Association Kristin Smith CEO told CNBC’s Squawk Box Thursday that people are looking to hold more Bitcoin ahead of the new year as President-elect Donald Trump prepares to take office. Blockchain Association CEO Kristin Smith During her December 26 appearance…
The UK Financial Conduct Authority (FCA) faces mounting criticism after data revealed that nearly half of flagged illegal crypto ads remain online despite the agency’s crackdown efforts. According to a report by the Financial Times, between October 2023 and October 2024,…