Crypto News
Coinbase Can Delist Wrapped Bitcoin Amid BiT Global Challenge, Judge Rules
A federal judge denied BiT Global’s request for a temporary restraining order, allowing Coinbase to delist WBTC, or Wrapped Bitcoin.Source link
Lightchain AI Reaches Stage 6 Milestone with $2.7M Raised in Just Three Weeks
PRESS RELEASE. Lightchain AI, the revolutionary AI-focused blockchain platform, has captured the attention of tech enthusiasts and investors alike. With a remarkable $2.7 million raised in just three weeks, Lightchain AI has successfully concluded funding for Stage 6 and is heading into Stage 7 with unstoppable momentum. This marks a major milestone for the projectSource link
Crypto’s Estate Planning Problem: A Wake-Up Call
As 2024 draws to a close, cryptocurrency stands at a turning point. Bitcoin has crossed the $100,000 mark and digital assets have solidified their place in investment portfolios of all sizes. Yet, amid these milestones, a critical, yet overlooked issue remains: the estate planning challenges unique to cryptocurrency and other digital assets.A Looming Crisis: Estate Planning in a Digital EraUnlike traditional assets, cryptocurrencies and digital assets operate outside established estate planning frameworks. Their decentralized nature, reliance on private keys, and pseudonymity make them revolutionary. Butwithout proper planning, crypto holdings can be lost forever, become embroiled in legal disputes, or heavily taxed.This vulnerability is not hypothetical. Chainalysis reports that nearly 20% of all bitcoin is lost or stranded, much of it...
Bitcoin, XRP and Dogecoin Fall Fast After Federal Reserve Cuts Rates
Bitcoin dropped after Federal Reserve Chair Jerome Powell said the central bank would cut interest rates at a slower pace in the new year.Source link
How Wall Street’s Relationship With Bitcoin Will Transform in 2025: 5 Predictions
When Michael Saylor announced MicroStrategy's conversion of $250 million in Treasury reserves to bitcoin in August 2020, Wall Street analysts dismissed it as a reckless gamble. "Superior to cash," Saylor declared of bitcoin at the time, drawing skepticism from traditional banking circles.Yet today, those same banks that sneered at bitcoin's corporate adoption are now scrambling to participate in bitcoin-collateralized lending as they race to capitalize on its superior characteristics as institutional-grade collateral and a thriving product-market fit.Traditional collateral, such as real estate, requires manual appraisals, subjective valuations and complex legal frameworks that vary by jurisdiction. Bitcoin, by contrast, offers instant verification of collateral backing through public blockchain data, 24/7 real-time settlement and liquidation capabilities, uniform quality regardless of geography or...