The US Internal Revenue Service (IRS) announced a one-year delay in the implementation of new tax reporting requirements for cryptocurrencies. It is now set to take effect on 1 January 2026. The postponement gives brokers more time to adapt to the regulations, which focus on determining the cost basis of cryptocurrencies on centralized platforms, according … Read more
Indonesia’s plan to shift crypto asset supervision from the Commodity Futures Trading Agency (Bappebti) under the Trade Ministry to the Financial Services Authority (OJK) has yet to materialize. The transition, mandated by the Financial Sector Law, was expected to be completed by January 12, 2025, but progress has stalled due to the absence of supporting … Read more
The NFT market did not entirely disappear in 2024 thanks to projects like Pudgy Penguins and top collections from last year reaching price records. The market even posted a better performance compared to 2023. The NFT market survived 2024, but it did not return to previous peaks. PFP avatars remain a staple in the crypto … Read more
Satoshi Action Fund CEO predicts Bitcoin price to breach the $150,000 mark in 2025. Bitcoin year end price dip was due to large selloffs for tax purposes. Bitcoin started the new year with a slow recovery as its price witnessed around 2% rise in the last 24 hours. After plunging to around $91K price range … Read more
China’s foreign exchange regulator has imposed stricter controls on cryptocurrency-related activities, requiring banks to monitor and report high-risk trades. The State Administration of Foreign Exchange (SAFE) mandates that banks track foreign exchange behaviors linked to underground banking, cross-border gambling, and illegal crypto transactions. These measures compel banks to assess the identity, funds, and frequency of … Read more
XRP price is up today after the open interest increased by 25% on the first two days of the New Year, indicating that new money entering the market.
BIO is a curation and liquidity protocol for DeSci, designed to accelerate biotechnology. It empowers global communities of patients, scientists, and biotech experts to collaboratively fund, develop, and own biotechnological projects and intellectual property (IP). The team behind BIO previously launched Molecule, a platform for tokenizing early-stage biomedical projects, and VitaDAO, the largest decentralized community … Read more
Binance will launch the CATI token lock-up product at 8:00 Beijing time on January 2, 2025. During the launch event, users can receive a 20% APR reward, with a prize pool of up to 2.3 million CATI. Binance Introduces CATI Token Lock-up Product Users can get CATI tokens to participate in the lock-up through spot … Read more
DWF Labs said memecoins have evolved from satire into a market vertical attracting significant capital.
Data showed that Pump.fun generated over 72,000 SOL tokens worth about $14 million in one day.