Key takeaways The PENGU token dropped over 50% in value after its airdrop. The decline in the PENGU token also led to a sharp decline in the Pudgy Penguins NFT floor price. The PENGU token dropped by more than 50%…
Key conclusions MoonPay plans to buy Helio Pay for $150 million to improve its payment services. Helio Pay enables crypto payments for merchants with solutions like Solana Pay integrated into Shopify. MoonPay is in talks to buy crypto payment platform…
Key Street Shops The IRS has delayed crypto tax reporting requirements until January 1, 2026. The delay helps brokers prepare for a new cost basis determination system for crypto assets. The Internal Revenue Service has delayed new crypto tax reporting…
A New York District Court judge allowed Coinbase’s appeal, putting the US Securities and Exchange Commission’s lawsuit against the exchange on hold. In an opinion and order filed Tuesday, U.S. District Judge for the Southern District of New York, Judge…
Key Takeaways Trump favors Bitcoin production in the US to improve energy dominance. Currently, less than 50% of the computing power for Bitcoin mining is located in the US, facing competition from countries like China and Russia. Trump has called…
Key Takeaways KULR Technology Group bought 217.18 bitcoins for $21 million as part of a new treasury strategy. The company’s stock price rose 30% after the announcement of the bitcoin purchase. KULR Technology has entered the bitcoin market with $21…
TLDR US national debt has reached $36 trillion by November 21, 2024 Trump appointed Elon Musk and Vivek Ramaswamy to lead the new Department of Government Efficiency (DOGE). Debt servicing costs are expected to exceed $1 trillion next year, surpassing…
TLDR: Binance Hits $100 Trillion in Combined Spot and Derivatives Trading Volume OKX is the second largest exchange with lifetime volume of $25 trillion Binance Expanded Mobile Money Payments in 6 African Countries BNB price trades around $600 with potential…
TLDR: During the December 2024 price drop to $21.50, Chainlink whales accumulated 3.58 million LINK tokens ($76.9 million) in three days The current LINK price is $21.68 with a market cap of $13.83 billion, up 1.5% Analysts believe LINK could…
Key Takeaways MicroStrategi bought 2,138 bitcoins for $209 million, increasing its total holdings to 446,400 BTC. MicroStrategi shareholders will vote on the Bitcoin Strategy stock increase in 2025. MicroStrategi announced on Monday that it bought 2,138 bitcoins for approximately $209…
