Crypto News

While many celebrate Bitcoin’s 16th anniversary it’s always a good idea to reflect on the fact that in contrast to fiat currency, bitcoin represents a fascinating attempt to anchor value in the immutable laws of cryptography, mathematics, and energy rather than the arbitrary decrees of governments. Fiat’s Illusion, Bitcoin’s Reality During its early years theSource link

Airdrops are transforming blockchain engagement with almost $15 billion given to crypto users in 2024. Massive Surge in Rewards via Airdrops Airdrops have become highly valuable tools for marketing new crypto projects. According to an onchain analysis by Dropstab, a crypto aggregator, $14.91 billion was disbursed by various projects in 2024 to crypto users viaSource link

Some in the crypto community assumed the IRS was backpedaling on reporting requirements, but all requirements are still firmly in place, the agency simply announced a grace period for exchanges to upgrade their technology. IRS Grants Crypto Exchanges More Time to Implement Platform Upgrades Confusion ran rampant on Thursday after several publications posted ambiguous headlinesSource link

A collaborative study from Bybit and Block Scholes provides an in-depth examination of bitcoin (BTC) and ether (ETH) derivatives, shedding light on market behavior during the pivotal 2024 year-end options expiration. Bitcoin and Ethereum Open Interest: Bybit and Block Scholes Report Highlights a Picture of Stability The Bybit and Block Scholes analysis shared with Bitcoin.comSource link

Banking regulator FDIC discouraged a member bank from using a public blockchain, according to unredacted documents obtained Friday by Coinbase.Source link