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Home2024December

Month: December 2024

The image shows a visual representation of Ethereum (ETH) and Bit Digital's treasury strategy, highlighting their shift from Bitcoin holdings.
Uncategorized

Czech Republic Approves Capital Gains Tax Exemption for Bitcoin Held Over Three Years

December 8, 2024 Dan K

Czech Republic exempts Bitcoin held over three years from capital gains tax. New crypto rules effective January 1, 2025, encourage long-term investments.

Graph illustrating Bitcoin ETF holdings exceeding Satoshi Nakamoto’s Bitcoin stack.
Bitcoin

US Bitcoin ETFs Surpass Satoshi’s Slumbering Stack

December 7, 2024 Dan K

U.S. Bitcoin ETFs surpass Satoshi Nakamoto’s 1.1M BTC stack, amassing $109B in Wall Street investments, marking a milestone for institutional crypto adoption.

The FCA logo with a warning sign, symbolizing regulatory action against unauthorized crypto firms.
Blockchain

FCA Issues Warning, Bans Pump.fun in the UK

December 7, 2024 Dan K

FCA bans Pump.fun in the UK, warning users of its unauthorized status. Customers lack consumer protections, prompting the watchdog to issue a scam alert.

SEC building with Solana logo symbolizing ETF application rejection
Blockchain

SEC Expected to Reject Solana Spot ETF Applications

December 6, 2024 Dan K

SEC likely to reject Solana spot ETFs, signaling continued caution under Gary Gensler’s leadership amid lawsuits against Binance, Coinbase, and others.

Illustration of Binance P2P Gold, Silver, and Bronze merchant tiers with benefits summary.
Blockchain

Binance P2P Launches Three Merchant Program Tiers

December 6, 2024 Dan K

Binance P2P unveils Gold, Silver, and Bronze tiers, rewarding verified merchants with exclusive benefits based on trade volume and performance metrics.

A Bitcoin logo with a sarcastic apology text in the background, representing FT Alphaville’s recent op-ed response to BTC’s $100K milestone.
Blockchain

Financial Times Issues ‘Apology’ to Bitcoiners After 13 Years of Criticism

December 6, 2024 Dan K

Financial Times issues a sarcastic “apology” to Bitcoiners as BTC hits $100K, standing by its 13-year stance against the cryptocurrency’s value and utility.

MARA Holdings logo with Bitcoin and a wind farm in the background, symbolizing renewable energy mining operations.
Blockchain

MARA Completes $850M Debt Offering, Eyes Bitcoin Expansion

December 5, 2024 Dan K

MARA secures $850M via convertible notes to expand Bitcoin holdings, pursue renewable energy mining, and boost U.S. crypto leadership advocacy.

A mining rig processing Dogecoin and Litecoin, representing BIT Mining’s diversification strategy.
Blockchain

BIT Mining Reports Triple Profits Mining DOGE and LTC Over Bitcoin

December 5, 2024 Dan K

BIT Mining’s pivot to Dogecoin (DOGE) and Litecoin (LTC) mining proved 3X more profitable than Bitcoin, driven by LD3 machines and surging DOGE prices.

Illustration of India's tax investigation into Binance, WazirX, and other crypto firms for GST evasion.
Blockchain

Binance, WazirX Among Crypto Firms Accused of Evading Taxes in India

December 4, 2024 Dan K

India uncovers $97M in unpaid crypto taxes, recovering $14M. Binance owes $85M, WazirX settles $5.8M, as authorities intensify regulatory crackdowns.

Chart showing record $34 billion crypto trading volume due to South Korean martial law unrest.
Blockchain

South Korean Martial Law Spurs Crypto Trading Volume to Record $34 Billion

December 4, 2024 Dan K

South Korea’s martial law caused crypto trading to skyrocket, hitting $34 billion in 24 hours, as unrest spurred a sell-off on major exchanges.

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Blockonomics
  • HashKey Launches $500M Digital Asset Treasury Fund in Hong Kong
  • Trump Family Wealth Soars $1.3B After ABTC and WLFI Debuts
  • SEC under fire after Gary Gensler’s texts wiped during FTX collapse
  • 1Money Secures 34 US Money Transmitter Licenses to Expand Stablecoin Payments
  • PYTH price soars 60% as US picks Pyth Network for onchain data verification
  • Japan Wrote the First Stablecoin Rulebook — So Why Is the US Pulling Ahead?
  • Global stock exchanges call on regulators to crack down on tokenised stocks
  • Japan’s Finance Minister Backs Crypto as Key Portfolio Diversifier
  • Aave tumbles following rumors regarding World Liberty token allocation
  • US Court Approves $13M BlockFi Settlement After Investor Objection Dropped
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