Crypto

Source: Coin Tegraph Proposed changes include taxing cryptocurrency at a 20% flat rate instead of the current variable ‘miscellaneous income’ rate.  Read Full Article

Source: Bitcoinist NBA Hall of Famer Shaquille O’Neal has given his nod to an $11 million settlement over the failed Astrals NFT project. O’Neal and his Astral NFTs co-creators were the respondents in a class suit filed last May 23, 2024. The plaintiffs argued that the non-fungible tokens were linked to O’Neal’s popularity and that…

Source: Coin Tegraph Bitcoin analysts and traders are optimistic that BTC’s price will hit the coveted $100,000 mark despite a “lukewarm” social media response to the latest ATHs. Read Full Article

Source: Coin Tegraph MicroStrategy upsizes its note sale to $2.6 billion to fund Bitcoin purchases, boosting confidence in BTC’s price reaching the $100,000 milestone. Read Full Article

Source: Bitcoinist On-chain data shows the Bitcoin whales have continued to purchase more even at the recent highs, a sign that could be optimistic for the rally. Bitcoin Large Holders Netflow Has Continued To See Positive Spikes Recently According to data from the market intelligence platform IntoTheBlock, the number of BTC whales has recently increased….

Source: Coin Tegraph Bitcoin dormancy is decreasing as BTC price action hits all-time highs again and again. Read Full Article

Source: Coin Tegraph Predictions markets had an edge on the polls in the 2024 US election, but are they actually helping pundits predict the future? Read Full Article

Source: Bitcoinist According to recent reports, Howard Lutnick, the CEO of asset management firm Cantor Fitzgerald and a prominent supporter of crypto initiatives, is anticipated to be nominated by President-elect Donald Trump to head the US Department of Commerce (DOC).  This nomination comes amidst growing speculation regarding Lutnick’s influence in shaping policies that could significantly…

Source: Coin Tegraph Hoth Therapeutics allocates $1 million to Bitcoin, reflecting rising business adoption amid increasing attention on BTC’s inflation-resistant value. Read Full Article

Source: Coin Tegraph The mysterious investor made an over 250,000-fold return on his initial investment of just $10,000, which is worth over $2.5 billion today. Read Full Article