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On Dec. 29, the country added one more Bitcoin to its portfolio, bringing its total holdings to 6,000.77 BTC.
BlackRock’s iShares Bitcoin Trust ETF (IBIT) led the market with $37.31 billion in inflows.
The legal challenge pushes back against the IRS' new rules requiring brokers to report digital asset transactions, which are set to take effect in 2027.
Quick Take The team is building a privacy-focused data platform that provides live verification of borrower’s assets, liabilities and trading exposure. Accountable, which closed a $2.3 million seed round to pay employee salaries, intends to raise more capital in 2025.
Quick Take The EU’s MiCA regulation has now come into full effect, but uncertainty looms over Tether’s USDT as it has yet to secure compliance certification. While MiCA aims to enhance market stability, its stringent requirements could push smaller crypto firms out of the EU, according to one analyst.
- 07:38As of December last year, approximately 31.6% of the global Bitcoin production may be directly related to 19 listed mining companiesAccording to data from TheMinerMag, in January 2022, only 16.7% of the total computing power of the Bitcoin network came from known entities. By December 2024, approximately 31.6% of global Bitcoin production may be directly related to 19 listed mining companies that disclose their proprietary mining performance every month.
- 07:36Babylon Labs announces strategic investment in BitVM2 development company FiammaThe Bitcoin Proof of Stake protocol, Babylon Labs, has announced a strategic investment in BitVM2 development company Fiamma. The specific amount invested has not been disclosed. This investment will support the construction of a minimal trust Bitcoin bridge connector software solution to connect with the Cosmos chain. It plans to integrate zero-knowledge technology into Bitcoin, reshaping the way Bitcoin is used in programmable blockchains and other fields.
- 07:35Aave: The ZKsync Era market has grown by 160% in the past weekAave posted on X stating: "The ZKsync Era market has grown by 160% in the past week. The supply and borrowing limits of ZK, USDC, and WETH will increase according to the proposal from Chaos Labs."