Author: cryptotechbro
Este artículo también está disponible en español. Haseeb Qureshi, managing partner at Dragonfly Capital, outlined his crypto predictions 2025 via X, forecasting transformative trends that could significantly alter the crypto landscape. Here are the detailed insights from each of the key areas Qureshi covered: Crypto Predictions 2025 By Haseeb Qureshi #1 A Blurring Line Between L1s/L2s: In his crypto predictions 2025, Qureshi forecasts the diminishing distinctions between Layer 1 and Layer 2 networks, forecasting a major consolidation within the blockchain industry. “The era of differentiating L1s from L2s based on technical capabilities is over. It’s now about carving out niches…
The crypto lender made two claims, both of which were dismissed by Judge Dorsey for various reasons, including procedural shortcomings.
Bitcoin is fiat. Now go ahead, take the time you need to get it out of your system. Breath deeply. Blood pressure still up? Okay, let’s try this then. What does fiat mean? An arbitrary order or decree. Fiat currencies are given value by the authority of governments. They have value because the State decides they have value, and will accept them in payment of taxes. So how is Bitcoin fiat? A king waives his hand and gives fiat value. But there is no King of Bitcoin. Right? Wrong. It’s us. We collectively give value to Bitcoin through our decision…
In a post on X, prominent pro-XRP attorney, John E. Deaton, shed light on the intricate dynamics between the US Securities and Exchange Commission (SEC) and Ripple’s competitors, suggesting a coordinated effort to undermine the company and its digital asset. Deaton emphasized the extensive impact of the SEC’s lawsuit on Ripple, stating, “I do not believe one can properly estimate the damage to Ripple’s business caused by the sweeping nature of the SEC’s complaint against Ripple.” He underscored the historical context, noting, “You have to remember, in 2012, when Ripple founders created XRP, stablecoins did not exist and the cross…
Este artículo también está disponible en español. As the year ends, a renowned analyst suggested that Bitcoin (BTC) could have a New Year rebound after the flagship crypto surged by 4.2% to retest a key level. Related Reading Bitcoin Sees End-On-Year Slowdown Bitcoin has struggled to hold the mid-zone of its one-month price range as the crypto market experiences an end-of-year slowdown. In December, BTC surpassed the $100,000 barrier for the first time, reaching a new all-time high of $108,353 mid-month. Over the last 30 days, the flagship crypto has moved between $90,000 and $108,000, hovering between $96,000 and $102,000…
From tokenization and AI-verified IDs to Bitcoin in DeFi, the crypto industry heads into 2025 with regulatory clarity on the horizon.
Follow Nikolaus On 𝕏 Here For Daily Posts Look, I know I am late to the party. I remember covering the news of MicroStrategy’s first bitcoin purchase, and I’ve watched the stock rise from $14 to $400 per share. All that time, I didn’t buy.Yet, this past Friday, for the first time since 2018, I bought stocks — specifically MicroStrategy (MSTR) and a couple other companies also holding bitcoin on their balance sheets. It was something I never thought I’d do again.In 2018, I sold all my stocks for more bitcoin when the price crashed into the $3,000 range, and…
MicroStrategy continues its Bitcoin (BTC) buying spree. The business intelligence firm scooped 2,138 BTC for $209 million in its latest purchase, pushing its total holdings to 446,400 BTC. MicroStrategy Ends 2024 With Another Bitcoin Buy In an announcement made today, the US-based company stated it had further bolstered its BTC reserves with a fresh 2,138 BTC purchase. According to the announcement, MicroStrategy’s latest BTC purchase occurred between December 23 through December 29, at an average price of $97,837 per BTC. To finance the purchase, MicroStrategy spent $209 million in cash by selling 592,987 shares during the week. Today’s buy also…
Este artículo también está disponible en español. Ethereum (ETH) is currently trading around $3,400, showing signs of indecision as it fails to establish strong support above this critical level. Recent price action reflects a lack of conviction among traders, leaving the market in a state of flux. Despite this uncertainty, Ethereum has managed to hold above key support zones that could act as a launchpad for a potential rally to new highs. Related Reading Top crypto analyst Carl Runefelt recently provided technical insights into Ethereum’s price movement, noting that ETH stayed within a 4-hour symmetrical triangle formation over the weekend.…
The controversial new rules could burden DeFi front-end operators but could also simplify individual tax returns. The U.S. Treasury and IRS finalized rules on Dec. 27 that will require decentralized finance (DeFi) services to report new data related to crypto activity. DeFi brokers, defined by the Treasury as front-end service providers that interact directly with customers on digital asset transactions, will need to report gross proceeds of the sale of their digital assets through Form 1099. The same requirements already apply to securities brokerages and custodial crypto trading platforms. Operators of digital protocols and protocol software developers aren’t considered brokers…