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Bitfinex projects Bitcoin peaking at $290k in early 2026 if historical patterns repeat
Bitcoin (BTC) could hit a peak of $290,000 in early 2026 if it repeats the price action seen during the 2017 bull run, according to the latest edition of the […]
New fair value Bitcoin accounting rules go live paving way for corporate reserve adoption
The Financial Accounting Standards Board (FASB) has implemented its Fair Value accounting rule for crypto, effective Dec. 15, 2024. This update aims to address accounting and disclosure practices gaps for […]
$3.2 billion crypto inflow marks 10-week streak as Trump election victory boosts confidence
CoinShares’ latest report showed that the crypto sector experienced $3.2 billion in inflow last week, extending its streak to 10 consecutive weeks of positive flows. This marks the longest streak […]
BiT Global files lawsuit against Coinbase over allegations of breaching antitrust laws by delisting WBTC
BiT Global has filed a lawsuit against Coinbase, the largest crypto trading platform in the United States, according to a Dec. 13 court filing. The Justin Sun-linked crypto custodian alleged […]
Riot Platforms bolsters Bitcoin reserves with $510 million purchase
Riot Platforms, a leading Bitcoin mining company, has acquired 5,113 BTC for $510 million. According to a Dec. 13 post on the social media platform X (formerly Twitter), the company […]
Microsoft may be open to Ethereum ETFs despite voting against Bitcoin reserves
Microsoft’s evolving interest in crypto investments has sparked speculation about the tech giant’s potential adoption of spot Ethereum (ETH) ETFs once they enable staking features. The discussion follows remarks made […]
Texas lawmaker proposes state-managed Bitcoin reserve for financial stability
Texas lawmakers have introduced a bill to establish a state-managed Bitcoin reserve, aiming to explore the potential role of crypto in public finance. Filed on Dec. 13 by Republican Rep. […]
Crypto advocate French Hill takes helm of House Financial Services Committee
Rep. French Hill (R-Ark.), a leading advocate for crypto regulation, has been appointed chair of the House Financial Services Committee, positioning him at the forefront of legislative efforts to shape […]
Alabama state auditor calls to establish Bitcoin reserve
State Auditor Andrew Sorrell has proposed that Alabama create a strategic Bitcoin (BTC) reserve to ensure its continued leadership in crypto adoption. He argued that such a move would diversify […]
Crypto user loses $7.8 million in SolvBTC as phishing scams surge on social media
A phishing attack resulted in a crypto user losing $7.8 million worth of SolvBTC, a wrapped Bitcoin product created by Solv Protocol. On Dec. 11, blockchain security firm Scam Sniffer […]