Month: December 2024

Litecoin (CRYPTO: LTC) became one of the biggest cryptocurrency gainers Tuesday, outpacing coins with significantly higher market capitalization.  What happened: The proof-of-work cryptocurrency lifted over 5% in the last 24 hours to a market capitalization of $9.23 billion. The coin’s trading volume surged 90% to $1.89 billion. LTC’s rally...

Billionaire investor and television personality Mark Cuban on Monday lent support to ‘Hawk Tuah’ girl Haliey Welch in the recent meme coin fiasco, stating that she ended up in an unfortunate situation. What Happened: During a podcast with content creator Jules Terpak, Cuban empathized with Welch and said he...

Bloomberg ETF analysts Eric Balchunas and James Seyffart expect Litecoin and Hedera will also get spot ETFs, but aren’t convinced there’ll be much demand for them....

Financial market commentator Peter Schiff on Tuesday criticized Michael Saylor’s comparison of MicroStrategy Inc.‘s (NASDAQ:MSTR) debt-financed Bitcoin (CRYPTO: BTC) buying strategy to Manhattan real estate. What Happened: In an X post, Schiff disagreed with Saylor’s analogy. “Real estate generates rents, which can be used to service and repay debt. Bitcoin doesn’t...

Leading cryptocurrencies stayed muted on Tuesday ahead of the Federal Reserve’s last policy decision of 2024. Cryptocurrency Gains +/- Price (Recorded at 7:30 p.m. ET) Bitcoin (CRYPTO: BTC) -0.18% $105,942.00 Ethereum (CRYPTO: ETH)                -2.29% $3,873.95 Dogecoin (CRYPTO: DOGE)           -1.68% $0.3916 What Happened: Bitcoin made a new all-time high of...

The Income Tax Appellate Tribunal (ITAT) in Jodhpur, India, has today clarified the taxation of crypto transactions conducted before the financial year (FY) 2022-2023. According to the ruling, profits from all such transactions will be treated as capital gains. ITAT Gives Clarity On Pre-2022 Crypto Taxation In what is...

Parody X account Richard E. Ptardio was given memecoins using his likeness which he later donated to charity after his holdings reached a peak of $1 million....

MoonPay announced a strategic partnership with Element Wallet to enhance access to Core (CRYPTO: CORE) tokens within the Bitcoin (CRYPTO: BTC) DeFi (BTCfi) ecosystem. The integration will allow users to seamlessly purchase CORE tokens using multiple payment methods, including debit and credit cards, Apple Pay, Google Pay, PayPal and...

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French Member of the European Parliament (MEP) Sarah Knafo delivered a high-profile address, urging the European Union (EU) to adopt a “Strategic Bitcoin Reserve” as part of a broader effort to promote financial autonomy and combat inflationary pressures. A French magistrate and member of the Cour des Comptes, Knafo’s...