As the year comes to a close, leading asset management company Grayscale posted a research report highlighting crypto trends for Q1 2025. It started with acknowledging the overall crypto market surge in Q4 2024 and went on to explore smart contract competition, US election influence on crypto and DeFi, use
Crypto’s Future Depends on New Crypto Policy David Sacks, the newly appointed “AI and crypto czar” in the United States, has a deadline to enact pro-crypto policies before the 2026 midterm elections. According to Joe Doll, general counsel for the NFT marketplace Magic Eden, there is still much work to
IRS Targets DeFi Platforms with New Reporting Rules The U.S. Internal Revenue Service has recently released a new tax regulation that is going to affect decentralized finance platforms from 2027. The regulations require DeFi brokers to report all the gross proceeds from the sale of digital assets and collect user
Anton Siluanov, Russia’s Minister of Finance, acknowledged that the country is now prioritizing Bitcoin and other cryptocurrencies in its foreign commerce. In light of the new regulations, Russian companies are reportedly engaging in international commerce using Bitcoin and other digital currencies, as he recently said. Speculation in the market has
The Bitget Token (BGB) has achieved significant milestones, reaching the 23rd rank in cryptocurrency rankings by market capitalization. Its circulating market cap stands at $8.18 billion, with a fully diluted valuation (FDV) of $11.69 billion. The token’s current price is $5.85, reflecting an 18.33% increase in the past 24 hours.
Having given an excellent 45,278,000% return in 2021, Shiba Inu is evidence of such transforming power. This explosive surge transformed little investments into large fortunes, motivating the search for the next coin able to repeat such an achievement. Shiba Inu was introduced in August 2020. At that point, its trade
As many countries, including the United States, show growing support for cryptocurrency, India’s Ministry of Finance recently discussed its views on Decentralized Finance (DeFi), highlighting both its promise and the challenges it poses. In response to a question in the Rajya Sabha, Pankaj Chaudhary, Minister of State for Finance, acknowledged
To talk about the future of digital payments, senior executives from the crypto and regulatory sectors convened at the Blockchain Expert conference in Tel Aviv. Experts at the event said that “all payments worldwide will be instantaneous in just a few years.” Stablecoins Lead Blockchain Transfers “Most transactions processed by Fireblocks,
Senator-elect Bernie Moreno, a Republican from Ohio, has been assigned to the Senate Banking Committee. Incoming Republican Senate Majority Leader John Thune announced the appointment. This committee oversees two critical agencies, the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). Moreno’s appointment is seen as
With the help of the Markets in Crypto-Assets Regulation (MiCA), euro-backed stablecoins became a major force in the expansion of the European cryptocurrency sector in 2024. After gaining interest from regional institutional investors and liquidity providers, these coins set a new monthly volume record. In November, the volume of euro-backed
