Record Figures for Crypto Airdrops With Almost $15 Billion Distributed in 2024

Airdrops are transforming blockchain engagement with almost $15 billion given to crypto users in 2024. Massive Surge in Rewards via Airdrops Airdrops have become highly valuable tools for marketing new crypto projects. According to an onchain analysis by Dropstab, a crypto aggregator, $14.91 billion was disbursed by various projects in 2024 to crypto users via … Read more

IRS Crypto Tax Reporting Requirements Stir up Mass Confusion

Some in the crypto community assumed the IRS was backpedaling on reporting requirements, but all requirements are still firmly in place, the agency simply announced a grace period for exchanges to upgrade their technology. IRS Grants Crypto Exchanges More Time to Implement Platform Upgrades Confusion ran rampant on Thursday after several publications posted ambiguous headlines … Read more

IRS Crypto Tax Reporting Requirements Stir up Mass Confusion

Some in the crypto community assumed the IRS was backpedaling on reporting requirements, but all requirements are still firmly in place, the agency simply announced a grace period for exchanges to upgrade their technology. IRS Grants Crypto Exchanges More Time to Implement Platform Upgrades Confusion ran rampant on Thursday after several publications posted ambiguous headlines … Read more

Bitcoin’s Hash Rate Reaches New High on 16th Anniversary Amid Market Challenges and Miner Optimism

Bitcoin’s hash rate hit a new all-time high on its 16th anniversary, showcasing resilience despite recent market challenges. Mining operations have consolidated, with two major players now controlling most of the network’s hash rate. Despite post-halving difficulties, key players remain optimistic, with companies like Hive Digital planning upgrades and expansions. Bitcoin’s hash rate reaches record … Read more

BTC and ETH Defy Expectations: Report Highlights Calm Markets Amid Year-End Options Expiry

A collaborative study from Bybit and Block Scholes provides an in-depth examination of bitcoin (BTC) and ether (ETH) derivatives, shedding light on market behavior during the pivotal 2024 year-end options expiration. Bitcoin and Ethereum Open Interest: Bybit and Block Scholes Report Highlights a Picture of Stability The Bybit and Block Scholes analysis shared with Bitcoin.com … Read more

Revenue-Sharing Stablecoins Poised for 10x Growth by 2025, Predicts Delphi Digital

Stablecoins have experienced tremendous growth last year. Their collective market cap recently hit a milestone of $200 billion. Beyond the popular ones such as Tether’s USDT and Circle’s USDC, industry players now predict a new wave incoming for “revenue-sharing” stablecoins. 2025 Will Be the Year of Revenue-Sharing Stablecoins According to Delphi Digital’s Research Associate, Robbie … Read more