Grayscale XRP Trust Set to End 2024 With Over 300% Gains – The Crypto Basic
Grayscale XRP Trust is on track to finish this year 2024 with an impressive 300% gain due to XRP's impressive rally in November and December. As 2024 draws to a close and Christmas festivities are in full swing, crypto investors have plenty of reasons to be merry. This is especially true for institutional investors. XRP. […]
Solana Eyes $200 Breakout: Is a Parabolic Run to $263 Imminent? – The Crypto Basic
Is Solana (SOL) ready for another breakout event in 2025 and a rally towards all-time highs? Bitcoin has rebounded significantly over the past 24 hours, adding momentum to the altcoin segment. Solana’s market price has increased by 2.17% in the past 24 hours as the altcoin situation improves. Despite negative returns over the past 7 […]
Elon Musk Says SBF Presidential Pardon ‘Will Fetch a Huge Price’ – The Crypto Basic
Elon Musk has again responded to reports that President Joe Biden's administration is considering a presidential pardon for convicted FTX founder Sam Bankman Fried (SBF). There is significant discussion regarding the possibility of outgoing US President Joe Biden granting an early pardon to the SBF. This came after Wall Street favorite Mob first broke the […]
Little-known Canadian crypto firm Matador adds Bitcoin to its books – Cointelegraph
Canadian real-world asset tokenization company Matador Technologies has become the latest company to incorporate Bitcoin into its treasury. company said The company announced on December 23 that its board of directors had unanimously approved adding Bitcoin (BTC) and “US dollar-denominated assets” to its balance sheet as part of what it calls a “long-term capital preservation […]
Russia To Ban Crypto Mining In Key Regions Starting 2025 – Bitcoinist
According to local reports, the Russian government plans to ban crypto mining activities in 10 major regions following the recent enactment of new industry laws. Other regions may also implement seasonal bans, adding more regions to the list as the country continues to experience a power crisis. Key areas face six-year mining ban This was […]
Analyst Says XRP is Going to $35 if Bullish Pattern Endures – The Crypto Basic
Cryptocurrency chart experts CryptoInsightUK speculate that if the current bullish pattern continues, XRP could see a significant rally and reach an ambitious $35 next year. Despite recent hardships, XRP It's been an impressive year. After a range breakout in November, the fourth-largest cryptocurrency by market capitalization soared to a multi-year high of $2.9 earlier this […]
IRS Calls Crypto Staking Taxable Amid Ongoing Lawsuit – Yahoo Finance
The U.S. Internal Revenue Service (IRS) has doubled down on its position that crypto staking is taxable, saying that taxes are owed immediately upon receipt of staking rewards, Bloomberg reported. This comes amid an ongoing legal battle between Joshua and Jessica Jarrett, a Tennessee couple who are staking on the Tezos network, and they believe […]
Investors Sue Team Behind ‘Hawk Tuah’ Crypto Coin for Alleged Securities Law Violations
The team behind Hawk, a meme coin tied to internet celebrity Haley “Hawk to Girl” Welch, has been sued by a group of investors for allegedly violating securities laws. the block report A lawsuit filed last week in New York District Court alleges that the meme coin Hawk, which gained popularity due to its association […]
Truth Social crypto deal to acquire Bakkt could put Trump on collision course with Kathy Hochul: sources
Donald Trump's plan to buy troubled cryptocurrency company Bakkt could face a chaotic approval process in New York state, potentially putting it in conflict with Gov. Kathy Hochul's administration. The Post reported that. Truth Social's parent company, Trump Media and Technology Group (TMTG), is a subsidiary of Bakkt, formerly led by Kelly Loeffler, a former […]
Crypto Analyst Predicts Incoming Bitcoin Parabolic Rally, Says BTC at Point Where Things Get Exciting – The Daily Hodl
Analysts who continue to build support with macro crypto calls believe Bitcoin (BTC) is almost ready to enter the parabolic phase of the market cycle. Pseudonymous analyst TechDev told his 490,300 followers on social media platform The trader shared a chart that suggests Bitcoin broke through the upper Bollinger Bands within two months after spending […]