Crypto News
Bitcoin Price Regains Ground After Tax Harvesting Selloffs
Bitcoin could climb as high as $120,000 in January 2025, "with peaks near $120,000 likely following a potential correction," an analyst told Decrypt.Source link
CoinDesk 20 Performance Update: SOL Gains 7.5%, Leading Index Higher
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.The CoinDesk 20 is currently trading at 3536.7, up 3.8% (+130.21) since 4 p.m. ET on Wednesday.18 of 20 assets are trading higher.Leaders: RENDER (+7.8%) and SOL (+7.5%).Laggards: HBAR (-0.5%) and XLM (-0.3%).The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.Source link
T3 Financial Crime Unit Marks Enforcement Victory: USDT 100 Million in Criminal Assets Frozen Across Five...
PRESS RELEASE. Singapore – January 2, 2024 – The T3 Financial Crime Unit (T3 FCU), a collaboration between TRON, Tether, and TRM Labs, has frozen more than USDT 100 million in criminal assets globally, passing a significant milestone in its fight against cryptocurrency-related financial crime. Launched in August 2024, T3 FCU has rapidly emerged asSource link
Bitcoin’s December Shake-Up: Fewer Transactions, Record-Breaking Value
Excluding Dec. 1, daily transactions on the Bitcoin blockchain experienced a steep decline as the month unfolded. Between Dec. 2 and Dec. 31, a total of 12,105,415 transactions were recorded. Despite the drop, on Dec. 5, the network achieved a record high for the total dollar value of transactions processed in a single day inSource link
Northern Data Is Well Positioned to Take Advantage of the AI Boom: Canaccord
Infrastructure providers, such as Northern Data (NB2), are well positioned to benefit from the growing demand from artificial intelligence (AI) and high-performance computing (HPC) firms, broker Canaccord Genuity said in a report Thursday initiating coverage of the stock.Canaccord assumed coverage of the shares with a buy rating and a 60 euro ($62) price target. The stock was trading 2.4% higher at 45.65 euros at publication time.Companies like Northern Data are "building the railroad for the AI gold rush," analysts led by Kingsley Crane said. The company's Taiga Cloud business has come online at the "forefront of what is shaping up to be a generational opportunity."The broker noted that Northern Data, which is 52% owned by stablecoin issuer Tether, has already...