Arthur Hayes predicts crypto market will peak in March and a massive correction to follow

Arthur Hayes believes that cryptocurrency will peak around mid-March in 2025 before experiencing a sharp correction. "I believe crypto will peak in mid-March and then drastically correct." "Until then, it's time to dance," he said on...

KULR Technology invests $21 million in Bitcoin; total holdings now 430 BTC

KULR Technology increased its Bitcoin holdings on January 6, 2025 by investing $21 Million. This purchase increased the amount of Bitcoin in the company's corporate treasury by 213.4 BTC. KULR Expands Bitcoin Holdings With $21 Million...

JAN3 Secures 5M for Bitcoin Superapp AQUA

JAN3, the team that developed the popular Bitcoin wallet AQUA raised $5 million to further develop its superapp. Fulgur Ventures was the leader of the funding round announced on January 3 coinciding with Bitcoin’s Genesis Block anniversary....

Bitcoin Network Setstles $19 Trillion In 2024, Doubling Previous Year’s Volume

Bitcoin's network settled over $19 trillion worth of transactions in 2024. This is more than double the $8.7 billion in 2023. Pierre Rochard is vice president of Riot Platforms' research. He says that the surge represents...

US dominance in Bitcoin mining with over 40% global hashrate by 2024

By the end of 2024, America will have cemented its position as the leader in Bitcoin mining. Its hashrate, or the computing power that secures the Bitcoin network, is over 40%. The U.S. mining pools...

MicroStrategy plans to offer an additional $2 billion in stock to boost bitcoin holdings

MicroStrategy has announced that it plans to raise $2 billion more through a perpetual preferred share offering. The company plans to use the funds to improve its balance sheet, and increase its Bitcoin holdings in...

ETF issuers to launch new crypto-centric funds by 2025: report

After the huge success of crypto ETFs, companies that provide exchange-traded funds are now considering launching new crypto funds in 2025. Athanasios Athanasios Athanasios Athanasios Athanasios Athanias Psarofagis of Bloomberg Intelligence noted that ETF vendors...

IRS Delays New Crypto Tax Reporting Rules so Brokers can adapt to New Regulations

The US Internal Revenue Service announced temporary transition relief for crypto tax reporting on Wednesday. Brokers will have more time to adapt to new regulations and determine the cost base for cryptos in centralized platforms. Shehan...