BitMine now holds over $10 billion in Ether, doubling down on its strategy to accumulate 5% of the supply despite being underwater on its total position. Read More at https://cointelegraph.com/news/bitmine-buys-eth-tom-lee-shifts-bitcoin-all-time-high-prediction-january?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Author Archives: pdgweb
Ethereum devs work on ‘Secret Santa’ protocol to power privacy
A Solidity engineer proposed a protocol earlier this year using zero-knowledge proofs and transaction relayers to enable a Secret Santa-like feature on Ethereum. Read More at https://cointelegraph.com/news/ethereum-protocol-allows-onchain-secret-santa-with-zk-proofs?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
CZ’s YZi Labs moves to take over board of flatlining BNB treasury
YZi Labs has asked CEA Industries shareholders to support its move to shake up the BNB treasury company’s board and install its pick of directors. Read More at https://cointelegraph.com/news/cz-yzi-labs-eyes-takeover-cea-industries-board?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Japan government backs 20% tax on crypto profits, on par with stocks
Japan has taken another step to reform its crypto taxation, replacing its tiered system that can reach as high as 55%. Read More at https://cointelegraph.com/news/japan-gov-backs-flat-tax-crypto-profits?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Vanguard’s 50M+ clients will soon have access to crypto ETFs
Vanguard CEO Salim Ramji ruled out crypto ETFs on its platform in August, but consistent demand for crypto has seemingly changed his firm’s tune. Read More at https://cointelegraph.com/news/vanguard-to-allow-clients-trade-crypto-etfs?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin’s lack of price strength due to sheepish spot buyers: What happens next?
Bitcoin fudged the breakout to $93,000 as global TradFi markets stumbled and BTC spot investors failed to provide the necessary volume. Read More at https://cointelegraph.com/news/bitcoin-s-lack-of-price-strength-due-to-sheepish-spot-buyers?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Forward Industries hires former ParaFi executive to lead Solana treasury strategy
Ryan Navi will guide Forward Industries’ Solana treasury strategy as digital asset companies’ shares face steep market declines. Read More at https://cointelegraph.com/news/forward-industries-parafi-chief-investment-officer-solana-treasury?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin falls to $84K: Is Japan’s bond market the culprit, or is more at play?
Bitcoin’s decline to $84,000 was driven by USD stablecoin concerns, a weakening global macroeconomic outlook and factors beyond Japan’s bond market stress. Read More at https://cointelegraph.com/news/bitcoin-drop-to-dollar84k-not-due-to-japan-bond-market-crash?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Kalshi taps Solana to tokenize betting contracts: Report
The move could challenge other prediction platforms by providing Kalshi users with greater anonymity through tokenized buys and sales on the Solana blockchain. Read More at https://cointelegraph.com/news/kalshi-contracts-tokenized-solana?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Former Gryphon executives to lead Trump Media, Crypto.com treasury company
The appointments come ahead of a planned SPAC merger that will create a publicly traded company dedicated to accumulating and staking Cronos’ native token. Read More at https://cointelegraph.com/news/spac-trump-media-crypto-com-new-leadership-gryphon-cro?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound