Tag: Doge

In a significant development for the cryptocurrency landscape, the US Internal Revenue Service (IRS) has finalized regulations that will require decentralized finance (DeFi) brokers to report gross proceeds from digital asset transactions.  IRS Classifies DeFi Platforms As Brokers Under the new regulations, which will take effect in 2027, DeFi...

In a decision that concludes a series of prolonged legal proceedings, Montenegro’s Minister of Justice, Bojan Božović, has signed an order for the extradition of Terraform Labs co-founder Do Kwon to the United States. The announcement was confirmed to the Montenegrin daily newspaper Vijesti on Friday, marking the end...

The Bitcoin (BTC) ‘kimchi premium’ has returned to South Korea’s cryptocurrency market as the country grapples with political instability. This has led to a weakened Korean won (KRW) and a higher price for the leading cryptocurrency. Bitcoin Kimchi Premium Surges In South Korea According to CryptoQuant CEO Ki Young...

The moves of the Bitfinex whales have been reliable indicators for moves in the price of Bitcoin itself, as explained by this analyst. Bitfinex Whales Have Shown Smart Money Behavior In Recent Years In a new post on X, analyst James Van Straten has discussed about the trend in...

The TRON blockchain has been making significant strides in the cryptocurrency market, recording a notable increase in network fees and transaction activity. Particularly, over the past year, the TRON network has consistently demonstrated growth across multiple key metrics, reflecting increased adoption and participation from larger players in the digital...

In 2024, Bitcoin experienced an extraordinary rise in popularity on the social media platform X, formerly known as Twitter. According to recent data, mentions of Bitcoin on X increased by 65% year-over-year, with users publishing over 140 million tweets about the cryptocurrency. This uptick reflects a growing interest in...

Ethereum had an underwhelming 2024, underperforming against Bitcoin and many top altcoins throughout the year. While BTC soared to new all-time highs, ETH struggled to reclaim its bullish momentum, leaving investors questioning its position in the market. However, next year could tell a different story, as historical trends suggest...

Declining network activity and interest in memecoins put a dent in Solana price, but derivatives data suggest limited downside....

The end of the holiday week encountered volatility, with the major U.S. indices suffering conspicuous declines. In turn, the cryptocurrency ecosystem was muted, extending a soft spell that began around a week-and-a-half ago. Unfortunately for investors of crypto miners like MARA Holdings (NASDAQ:MARA), the downturn also impacted the business...

Fractal analysis suggests a DOGE rally above $0.35 will culminate with new all-time highs abovce $2.35....