The PHNIX meme coin, launched on the XRP Ledger, has landed on its first major centralized crypto exchange. On Dec. 27, the Phoenix team announced that crypto exchange MEXC has listed PHNIX. The move sees the exchange become the first major CEX to add spot trading for the meme coin: “A historic milestone has been … Read more
Metamask, a prominent Web3 wallet, has launched its Gas Station feature, which aims to alleviate users’ challenges with transaction fees on the Ethereum mainnet. Web3 Wallet Metamask Tackles Gas Fee Challenges The new feature, integrated into Metamask’s Smart Transactions with Swaps, provides gas-included transaction quotes. This enhancement addresses a common hurdle for users who run … Read more
I have just finished reading Debt: The First 5000 Years by anthropologist David Graeber. The book takes a look at the history of money, debt, and how they relate to societal structures from a lens that departs heavily from the conventional wisdom of economic thinking. Conventional wisdom paints a picture of people inefficiently bartering goods … Read more
Japan rejects Bitcoin reserves over safety and volatility concerns. Private companies such as Metaplanet promote Bitcoin adoption despite government caution. Japan has, in effect, ruled out the use of Bitcoin for its national reserves. This, however, is despite the high interest worldwide in using it as a strategic asset. This move comes after a lawmaker, … Read more
I have just finished reading Debt: The First 5000 Years by anthropologist David Graeber. The book takes a look at the history of money, debt, and how they relate to societal structures from a lens that departs heavily from the conventional wisdom of economic thinking. Conventional wisdom paints a picture of people inefficiently bartering goods … Read more
Howells told Cointelegraph about his legal battle to recover a lost $773 million Bitcoin hard drive, which he plans to use to finance blockchain innovation.
Bitcoin, clocking in at $94,504 with a market cap of $1.87 trillion, witnessed a 24-hour trading session of around $53 billion, bouncing between $93,368 and $97,133 over the past day. Bitcoin The one-hour chart showed bitcoin taking a nosedive from its recent peak near $98,000, with hefty sell-offs pushing it toward the safety net at … Read more
The final regulation treats DeFi front-ends as brokers, demanding the disclosure of gross proceeds from sales of digital assets.
Bitcoin’s repeated failure to cross above $100,000 increases the risk of a drop under $90,000.
The U.S. Treasury’s sweeping IRS rule forces crypto platforms to track and report all transactions, igniting fierce industry backlash and looming legal battles over its survival. US Treasury Expands IRS Reach – Crypto Industry Faces Full Reporting Rule The U.S. Department of the Treasury and the Internal Revenue Service (IRS) have finalized sweeping new regulations … Read more