The cryptocurrency industry saw a significant decline in losses from scams, exploits, and hacks as 2024 came to a close.
The post Crypto Losses Drop to $28.6M in December, Compared to $63.8M in November appeared first on Cryptonews. …
Category: Cryptocurrencies
Steno Research Forecasts Crypto Boom in 2025: Bitcoin and Ether Poised for New Highs
Steno Research has projected a record-breaking year for cryptocurrencies in 2025, with Bitcoin (BTC) and Ethereum (ETH) expected to surge to unprecedented levels.
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Indonesia Scrambles to Meet Deadline for Crypto Oversight Transfer to OJK
Indonesia’s crypto oversight transfer to OJK, slated for Jan. 2025, faces delays due to the absence of required government regulations.
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Meme Coin Market Soared to $120B in 2024, Up from $20B
The meme coin sector grew 500% in 2024, with its market cap rising from $20B in January to over $120B by December.
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Spot Ethereum ETFs Hit Record $2.08 Billion in Net Inflows in December
U.S. spot Ethereum exchange-traded funds (ETFs) set a record in December with over $2.08 billion in net inflows.
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IRS Postpones New Crypto Tax Reporting Rules to Allow Brokers Adapt New Regulations
The delay in crypto tax reporting requirement until the start of 2026, would give time for brokers to adapt to the new regulations.
The post IRS Postpones New Crypto Tax Reporting Rules to Allow Brokers Adapt New Regulations appeared first on Cryptonews. …
HIVE Aims for 150% Growth by 2025 Following 47% Operational Surge in 2024
HIVE Digital Technologies aims for 150% growth by 2025, following a 47% operational surge in Bitcoin mining, achieving 6.0 EH/s and planning to reach 15 EH/s through strategic expansions and efficient energy sourcing.
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Pump.fun Kicks Off 2024 with $14M Revenue Amid Continued Meme Coin Surge
Pump.fun has started 2024 on a high note, generating over $14 million in revenue on January 2 amid a continued surge in meme coins.
The post Pump.fun Kicks Off 2024 with $14M Revenue Amid Continued Meme Coin Surge appeared first on Cryptonews. …
Russian Crypto Miners Could Turn to Renewable Power as Regions Prepare Bans
Russian crypto miners may ditch fossil fuels for renewable power in a bid to avoid regional bans, an energy industry insider claimed on December 30.
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New Proposal Seeks to Mandate Swiss National Bank to Add Bitcoin to Reserve
A new proposal to constitutionally require the Swiss National Bank (SNB) to hold Bitcoin as part of its monetary reserves has been initiated by the Swiss federal chancellery.
The post New Proposal Seeks to Mandate Swiss National Bank to Add Bitcoin to Reserve appeared first on Cryptonews. …