US Bitcoin reserve idea could spark global race, Metaplanet CEO predicts
US Bitcoin reserve idea could spark global race, Metaplanet CEO predictsGeorvich predicts US move to adopt Bitcoin would spur global competition, stabilize developing nations' currencies.
Happy Thursday!In today's newsletter, we explore significant developments in the cryptocurrency landscape. Metaplanet CEO Simon Georvich suggests that the U.S. could ignite a global competition for Bitcoin if it establishes a national reserve, potentially stabilizing currencies in developing nations. Meanwhile, the IRS has granted temporary relief from new crypto tax reporting rules, providing investors with a much-needed reprieve as they navigate evolving regulations. Additionally, China is tightening its regulatory grip on cryptocurrencies with new foreign exchange rules, indicating a more stringent approach to digital asset transactions. Stay tuned for in-depth coverage of these crucial stories! LATEST SLATECAST 🎙️ Swaroop Hegde discusses Powerloom’s mission to reshape data integrity in blockchain 🚀Are you a Web3 marketer? Join our new Web3 Marketing Insights channel here https://t.me/cryptoslate_web3. We’ll be sharing tips, strategies, and special announcements to help web3 marketers level up their game. The global crypto market cap is $3.4 trillion, with a 24-hour volume of $126.51 billion. The price of Bitcoin is $96,239.80, and BTC market dominance is 56.2%. The price of Ethereum is $3,457.05, and ETH market dominance is 12.3%. The best-performing sector is Base Ecosystem, which gained 14%. The Crypto Fear & Greed Index is currently Greed (70). 📰 Top News
US Bitcoin reserve idea could spark global race, Metaplanet CEO predictsGeorvich predicts US move to adopt Bitcoin would spur global competition, stabilize developing nations' currencies. IRS grants temporary relief on crypto tax reporting rules amid legal challengesIRS crypto cost-basis rule delay hailed as investor reprieve amid evolving regulatory landscape. China tightens grip on crypto with new foreign exchange rulesChina's tightened regulatory measures signal a deeper clampdown on crypto-related foreign exchange transactions.
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Top 10 cryptocurrency rankings on January 1 2025 vs 2024 sees Avalanche replaced by Tron
Wednesday, January 1, 2025
Avalanche exits the top 10, replaced by Tron, as Bitcoin surpasses $100000 amid election-induced market shifts. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Polymarket’s 2025 prediction markets have over $1 billion wagered on sports betting
Tuesday, December 31, 2024
Sports drive Polymarket as traders look beyond elections for 2025 betting opportunities. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Hong Kong lawmaker advocates including Bitcoin in national reserves
Monday, December 30, 2024
Wu Jie believes Hong Kong's strategic move towards Bitcoin integration could enhance economic resilience and attract innovative businesses. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Kimchi premium recovers as KRWUSD drops to 15-year low
Sunday, December 29, 2024
As the won depreciates, economic and political uncertainty in South Korea widen the kimchi premium gap. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
XRP Ledger shows signs of increasing usage, suggesting XRP price increase
Saturday, December 28, 2024
As the velocity metric nears a breakout on the descending trend line, XRP price could start an upward movement. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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VanEck CEO recommends investors to double down on Bitcoin as hedge in 2025
Saturday, January 4, 2025
As gold and Bitcoin register a bull market, Jan van Eck stated that these assets are essential for any portfolio. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Weekly Project Updates: Aave Reaches Record High in Net Deposits, Vitalik Adopts MOODENG, Binance Launches New Tok…
Saturday, January 4, 2025
Telegram has rolled out its first update for 2025, introducing third-party account verification, message search filters, and the ability to convert gifts into NFTs. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Bitcoin ETFs face new year exodus, BlackRock loses 3,500 BTC amid price rally
Friday, January 3, 2025
Crypto market begins year with $310 million outflows from Bitcoin, Ethereum ETFs. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
WuBlockchain Weekly: Binance Labs to Rename, with CZ Joining In, MicroStrategy Adding Bitcoin and the Surging AI M…
Friday, January 3, 2025
In 2024, the combined wealth of the world's 500 richest individuals surpassed $10 trillion, with technology billionaires experiencing the most remarkable gains. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
NFT & Gaming - 📈NFT market saw a 6-month high in sales volume; Pudgy Penguins launched its PENGU token
Friday, January 3, 2025
The NFT market marked a six-month high in sales volume. Pudgy Penguins launched its PENGU token. The Philadelphia 76ers and Crypto.com released a Web3 mobile game ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
VC Yearly Report: December Funding Amount Increases by 60% MoM, 2024 Funding Projects Up 26.1% YoY
Thursday, January 2, 2025
Author: Wu Blockchain ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
DeFi & L1L2 Weekly — 📈 DEX trading volume reached a record high of US$436 billion in December; Hyperliquid launch…
Thursday, January 2, 2025
DEX trading volume reached a record high of US$436B in Dec. Hyperliquid launched native staking. ai16z plans to create a launchpad for AI agents ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Reminder: The Best Performing Cryptocurrency Assets Of 2024
Thursday, January 2, 2025
Monday Dec 30, 2024 Sign Up Your Weekly Update On All Things Crypto TL;DR In this issue, we dive into: The Best Performing Cryptocurrency Assets Of 2024 Bitcoin Floats Around $95K As Altcoins Stay In
Top 10 cryptocurrency rankings on January 1 2025 vs 2024 sees Avalanche replaced by Tron
Wednesday, January 1, 2025
Avalanche exits the top 10, replaced by Tron, as Bitcoin surpasses $100000 amid election-induced market shifts. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏