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Bravenewcoin

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Tai Mo Shan Agrees to $123 Million Settlement with SEC Over TerraUSD Collapse

  • Tai Mo Shan has agreed to a $123 million settlement with the SEC over the collapse of TerraUSD.
  • The settlement includes disgorgement of $73.5 million, prejudgment interest of $12.9 million, and a civil penalty of $36.7 million.
  • Tai Mo Shan was accused of misleading investors and artificially stabilizing the value of UST during its failed attempt to maintain a $1 peg.
  • The SEC's investigation into the TerraUSD collapse has prompted increased global scrutiny and efforts by regulators to regulate stablecoins.

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TronWeekly

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Optimism, Ethena and Remittix Set To Bounce Hard After Being Strongest Performers Before Crypto Dip

  • Optimism (OP), Ethena (ENA), and Remittix (RTX) were among the best crypto gainers in November before the recent market sell-off.
  • Analysts predict a potential price surge for Optimism, with a forecasted value of $3.5.
  • Ethena (ENA) could rally to $1.50 if it holds major support above $0.95.
  • Remittix (RTX) aims to revolutionize money transfers with fast, secure, and inexpensive solutions, and analysts predict a price increase of 10x.

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TheNewsCrypto

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Ethereum to $10000 in 2025 Is Practically a Given, With One ETH-Based Altcoin Set to Respond with a 9450% Blowout

  • The ETH/USD pair remains in an upward trend, with experts predicting Ethereum to reach $10,000 by 2025.
  • Ethereum's strong fundamentals include increasing wallet activity, whale accumulation, and institutional adoption.
  • Rexas Finance (RXS) is a promising altcoin that aims to tokenize real-world assets, expected to appreciate by 9,450% in the next year.
  • Ethereum and Rexas Finance work together, with Ethereum providing the infrastructure for Rexas' asset tokenization services.

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Zebpay

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Bitcoin Technical Analysis Report | 24th December 2024

  • Bitcoin faces challenges in staging a recovery after a 9% decline last week.
  • MicroStrategy stands out as an exception, purchasing 5,262 Bitcoin between December 16 and December 22.
  • Bitcoin remains below its all-time high of $108,353, but the $90,000 support level has held.
  • BTC is currently trading at around $94,200.

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Bravenewcoin

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Metaplanet Acquires Record 620 Bitcoin as Markets Decline

  • Metaplanet, a Tokyo-listed company, has acquired 619.70 BTC for approximately $61 million, increasing its Bitcoin holdings by 54%.
  • Metaplanet's total BTC holdings now stand at 1,762 BTC, purchased at an average price of 11.85 million yen per Bitcoin.
  • The company reported a BTC yield of 309.82% between October 1 and December 23, outperforming the previous quarter's yield of 41.7%.
  • Despite the record purchase, Bitcoin prices fell 1.5% in the past 24 hours due to factors like the Federal Reserve's hawkish tone and reduced trading activity.

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TronWeekly

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5 Best Baccarat Online Casinos 2025 : Top Real Money Live Baccarat Casinos Compared!

  • The article talks about the top online Baccarat casinos in 2025 that redefine the gaming experience with advanced features, diverse game variations and remarkable rewards. The top platforms include JACKBIT, 7Bit, BitStarz, Mirax and Katusbet Casino who lead the industry with their innovative offerings.
  • JACKBIT Casino has the best baccarat studios and the casino makes sure that you end up falling in love with the games; while 7Bit Casino is literally one of the best baccarat casinos for online gambling.
  • BitStarz casino is truly the heaven of Bitcoin baccarat games and MIRAX Casino is really a good platform for playing online baccarat at a real money casino. Katusbet Casino is also one of the top choices for playing online baccarat and has consistently received glowing reviews for its services and gameplay.
  • The article provides a list of latest bonuses provided by these casinos like Christmas Royale Bonus, Frost Quest Stage 2 Bonus, Sport Welcome Bonus, Bet Insurance, VIP Club Rakeback Offers and many more.
  • To play Baccarat, one needs to understand the game variations and have a certain level of expertise and experience. Moreover, different online casinos offer different options and payment methods.
  • The article answers some common FAQs that people have around online Baccarat like Is online baccarat recommended?, Are online baccarat games fair?, How to learn to play online casino baccarat?, and What is the third card rule in online baccarat?
  • The top Baccarat casinos provide seamless live dealer games, secure and swift payment systems, and engaging bonus programs that elevate the Baccarat experience to new heights.
  • Overall, the article gives users an understanding of the game of Baccarat and helps them identify the online casino that is the best fit for them.
  • The article provides a comprehensive guide to five top online Baccarat casinos in 2025. These casinos provide an excellent gaming experience for users with innovative features, various game variations, and rewarding bonuses.
  • Each of the online Baccarat casinos, namely JACKBIT, 7Bit, BitStarz, Mirax, and Katusbet is described in detail, including their features and gaming experience.

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Coinpedia

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Bank of Italy Exposes Bitcoin P2P Platforms as Tools for Crime

  • Bank of Italy labels Bitcoin P2P services as "crime-as-a-service" for money laundering.
  • Mixers and blockchain-hopping help criminals hide illegal funds.
  • Bank of Italy urges stronger KYC and AML rules to combat crypto misuse.
  • Enforcing strict regulations can make it harder for criminals to misuse Bitcoin and other cryptocurrencies.

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Bloomberg Quint

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Roti, Kapda, Makaan and Crypto: Chasing Dreams Or Digital Delusions?

  • The Indian dream of roti, kapda, makaan has always been a simple yet powerful trifecta.
  • But now, it seems a fourth contender has entered the race — crypto.
  • Yes, the shiny, mysterious world of digital tokens has elbowed its way into our cultural lexicon.
  • Is crypto the fourth pillar of the Indian dream, or just a shiny bubble waiting to burst?

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Bitcoinist

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The Market Sell-Off Isn’t Deterring Institutional Crypto Investors, Inflows On An Upward Trend

  • Institutional crypto investors continue to invest in digital asset investment vehicles despite the market sell-off.
  • According to a CoinShares report, digital asset investment products received inflows of $308M last week.
  • Bitcoin ($BTC) saw $375M in net inflows, while Ethereum ($ETH) received $51M.
  • Whale activity in tokens like Ethereum and Dogecoin suggests a potential shift in market sentiment.

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TronWeekly

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Bitcoin Defies Festive Trend: No Santa Rally as Prices Continue to Slide

  • Bitcoin's price dropped to $92,442 on Dec. 23, marking a 14.5% correction from its all-time high of $108,000 on Dec. 17.
  • Bitcoin defied the typical Santa Rally trend in December, falling 1% instead of gaining between 0.7% to 11.8%.
  • $18 billion worth of Bitcoin and Ether options contracts are set to expire on Dec. 27, signaling potential volatility.
  • Analysts predict that the next market cycle peak may occur in 2025, with some remaining optimistic despite the current downturn.

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Cryptopotato

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Major Pi Network (PI) Update Concerning All Users: Details

  • Pi Network has extended its migration deadline to January 31, 2025, causing frustration among users.
  • Pi Network developers have not provided the promised roadmap update, leading to skepticism about progress.
  • The mainnet and native token launch for Pi Network have been repeatedly delayed.
  • The latest extension of the migration deadline has caused annoyance among community members.

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Zebpay

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Ethereum Technical Analysis Report | 24th December 2024  

  • Ethereum closed below the 50-day SMA at $3,432, signaling a shift in favor of the bears.
  • Despite this setback, Ethereum has reached the $4,000 mark twice in recent months.
  • Currently, the bulls are attempting to mount a recovery, but face resistance near the 20-day EMA at $3,594.
  • ETH is consolidating within the $3,200 to $3,500 range, with strong support at $3,000 and resistance at $3,500.

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TronWeekly

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Polkadot Traders Rush to This Fresh Altcoin for a Potential 12,000% Rally.

  • Polkadot investors are buzzing about a new altcoin that’s making waves in the crypto world with a potential 12,000% rally.
  • Catzilla ($CATZILLA), a meme coin, is gaining attention as Donald Trump's return fuels meme coin frenzy.
  • Catzilla aims to dominate the meme coin market, offering potential gains and rewriting the rules of DeFi.
  • Polkadot (DOT), a protocol for interoperable and scalable blockchains, provides stability while Catzilla offers short-term potential.

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99Bitcoins

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Singapore Issues 13 Crypto Licenses In 2024, Outpacing Hong Kong’s Slow Progress

  • Singapore has issued 13 cryptocurrency licenses in 2024, surpassing Hong Kong's slower progress.
  • Major industry players such as OKX, Upbit, Anchorage, BitGo, and GSR have received licenses in Singapore.
  • Hong Kong has only licensed seven platforms, facing regulatory challenges and limitations on altcoin trading.
  • Singapore offers a more stable environment and a balanced regulatory approach, attracting digital-asset firms.

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99Bitcoins

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IRS Reaffirms Staking Rewards Are Taxable, Says They Are Not New Property

  • The US Internal Revenue Service (IRS) has reiterated its stance that staking rewards are taxable income upon receipt, rejecting claims that they should be treated as new property and taxed only upon sale.
  • The IRS claims that staking rewards must be reported as income based on their fair market value at the time the taxpayer gains the ability to sell or otherwise dispose of them.
  • The agency cited Revenue Ruling 2023-14 as the foundation for its position, stating that staking rewards should be reported as income at their fair market value.
  • This clarification comes amidst a legal challenge from Joshua and Jessica Jarrett, who argue that staking rewards should not be taxed until they are sold or exchanged.

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