Ethereum’s long-term holders surged to 74.7%, surpassing Bitcoin’s 60%, reflecting a shift in investor confidence and strategy.Bitcoin faces challenges with low demand signals while Ethereum’s ecosystem thrives, driven by staking, DeFi, and rising adoption. The crypto market is turning its head, with Ethereum at the center of that change. Recent data from IntoTheBlock highlights a...
Bitcoin’s (BTC) recent double-bottom pattern hints at potential recovery amid volatile market conditions.A weaker dollar and potential quantitative easing could create favorable conditions for crypto market growth. Crypto influencer Lark Davis is weighing in on the possible implications of Bitcoin’s recent rebound, which is gaining traction amid volatile market movements. In his most recent YouTube...
Regulators have allegedly used indirect pressure tactics to stifle the crypto industry’s access to financial services, highlighting systemic challenges.Coinbase’s legal battle against Tornado Cash sanctions sets a precedent for protecting innovation in the decentralized technology space. In a recent talk on Anthony Pompliano’s channel, Coinbase’s Chief Legal Officer, Paul Grewal, went in-depth about the combative...
Trump launched 160 new NFT cards on the Bitcoin network and will release 40 more cards soon. The overall NFT market had $8.8 billion in sales during 2024, but 98% of collections saw minimal trading, and most new releases lost value quickly after the launch. Former President Donald Trump has expanded his digital asset portfolio with...
A judge dismissed James Howells’ lawsuit against Newport City Council, preventing him from searching a landfill for his lost Bitcoin hard drive.The court ruled that the case had no chance of success, but Howells plans to take the matter to the Supreme Court. A High Court judge has dismissed James Howells’ attempt to sue Newport...
Oklahoma’s Bitcoin Freedom Act aims to legalize Bitcoin payments for wages and business transactions, enhancing financial autonomy.Senator Deevers’ proposal seeks to protect income from inflation by integrating Bitcoin into daily financial operations in Oklahoma. Oklahoma Senator Dusty Deevers has presented the “Bitcoin Freedom Act” (SB325), a breakthrough piece of legislation that seeks to legitimize Bitcoin...
U.S.-based Bitcoin reserves now exceed international holdings by 65%, driven by rising institutional and retail interest since late 2024.Corporate players like MicroStrategy and smaller firms fuel Bitcoin’s growth, even as prices correct from peaks above $100,000. U.S. entities now dominate Bitcoin adoption, holding a record share of the crypto reserves. Ki Young Ju, CEO of...
The US Senate Banking Committee is set to create the first-ever crypto-focused subcommittee similar to the version created in the House Financial Services Committee in 2023.Senator Cynthia Lummis is set to chair the subcommittee with voting scheduled next Thursday. The new US administration lays its initial foundation to provide clarity for the crypto industry as...
Russian authorities are selling 1,032 seized Bitcoin after a corrupt investigator seized them as bribes from hackers.The former investigator got 16 years in prison, and authorities are now going after his other assets. Russian bailiffs have initiated liquidating over 1,032 Bitcoin, valued at approximately one billion rubles, following the conviction of former high-ranking investigator Marat...
Fidelity Digital Assets has unveiled its report, offering an optimistic outlook for the crypto market in 2025, while Matt Hogan highlights the potential risks nations could face by not embracing Bitcoin.The report outlines three key trends transforming the crypto space: the growing adoption of Bitcoin, significant upgrades to Ethereum, and the rise in stablecoin adoption....