2024-12-29 toDay
importantNews
Coin World Network Morning News | List of Important Overnight Events on December 29th
ETH breaks through $3400
BTC breaks through $95000
4 min ago
Analysis: DeFi applications with no front-end, non upgradable contracts, or no fees as three potential options to comply with the US tax bureau's broker rules
Recently, the reporting rules of the US Internal Revenue Service (IRS) have recognized DeFi front-end as a broker, which has had an impact on the cryptocurrency industry. It is reported that the US Treasury Department and Internal Revenue Service received over 44000 comments after proposing the rule.Galaxy Digital research director Alex Thorn outlined three potential options for DeFi if IRS rules are not revoked. It states that DeFi services and applications can comply with IRS reporting requirements and accept broker recognition in an attempt to block users from the United States or abandon smart contract upgrades and revenue generation. Thorn wrote, "According to this proposal, DeFi applications that do not have front-end websites, have non upgradable contracts, and do not charge any 'consideration' (i.e. no fees) during the digital asset disposal process can be exempt from being designated as' brokers'. In other words, highly decentralized applications cannot understand the situation and therefore cannot comply with broker reporting requirements." (Cointelegraph)Previously, the US Treasury Department and the IRS have finalized tax filing requirements for specific cryptocurrency brokers (RIN 1545-BR39, TD 10021).Afterwards, the American Blockchain Association announced on X platform that it had filed a lawsuit with DeFi Education Fund and Texas Blockchain Council, questioning the broker rules of the US Internal Revenue Service.
Broadcast
5 min ago
The seasonal index of altcoins has risen to 48, up 1 point from yesterday
According to Coinmarketcap data on December 29th, the Altcoin Season Index is now at 48, up 1 point from yesterday, and has not entered a clear counterfeit season. The index shows that in the past 90 days, approximately 48 out of the top 100 cryptocurrencies by market capitalization have risen more than Bitcoin.The CMC Cryptocurrency Shanzhai Season Index is a real-time indicator that is based on the performance of the top 100 major altcoins relative to Bitcoin over the past 90 days. It is commonly used to determine whether the current cryptocurrency market is in a season dominated by altcoins.
Broadcast
18 min ago
Polymarket predicts that the probability of Trump approving strategic Bitcoin reserves within 100 days of taking office will drop to 27%
Polymarket predicts that the probability of President elect Trump approving strategic Bitcoin reserves within his first 100 days in office will fall to 27%, lower than the high of 60% after Trump's election. At present, the bet amount for this event has exceeded 1.5 million US dollars.At the same time, other predictive markets expect Trump to eventually accept Bitcoin as a strategic reserve, joining the ranks of crude oil and gold. For example, Kalshi predicts that the probability of Bitcoin reserves occurring in January 2026 will reach 61% at one point, the highest since December 21, and currently fall back to 57%.In addition, users of Polymarket and Kalshi expect that it will take some time for Texas to pass the Strategic Bitcoin Reserve Act. The probability of Texas passing the bill by March next year is predicted to be 10% on Polymarket, while the probability on Kalshi is 24%.
Broadcast
21 min ago
An address containing 357 bitcoins was activated after 11 years of dormancy
On December 29th, according to whale.alert monitoring, a dormant address containing 357 bitcoins (approximately $34070177) was activated about 30 minutes ago after 11 years.
Broadcast
23 min ago
CuratedA dormant address containing 357 BTC was activated after 11.0 years, worth approximately $34 million
According to Whale Alert, an on chain data tracking service, a dormant address containing 357 BTC ($34070177) has just been activated after 11.0 years.
Broadcast
26 min ago
An address holding 357 BTC was activated after 11 years of dormancy, with a value exceeding 34 million US dollars
According to Whale Alert monitoring, at 7:56:14 Beijing time, an address containing 357 BTC ($34070177) was activated after 11 years of dormancy.
Broadcast
29 min ago
Bitwise is launching a new ETF aimed at investing in companies holding Bitcoin
On December 29th, according to @ BTCTN, Bitwise (one of the largest asset management companies in the United States) is creating a Bitcoin Standard ETF so that investors can invest in publicly traded companies that support Bitcoin. This tool, called the Bitwise Bitcoin Standard Companies ETF, will hold stocks of companies with over 1000 BTC, aiming to provide a convenient investment method for investors who want to gain Bitcoin related investment exposure but do not want to buy individual stocks. This morning, Nate Geraci, the president of ETF Store, first disclosed this news on X, stating that the trend of listed companies using Bitcoin as a reserve asset is growing, and major holders such as Microstrategy, Tesla, and several Bitcoin mining companies may be included in the ETF.
Broadcast
36 min ago
Polymarket predicts that the probability of spot SolanaETF approval before July 31 next year will rebound to 71%
Polymarket predicts that the likelihood of the US SEC approving spot Solana ETF applications before July 31, 2025 has risen to 71%.Analysis indicates that President elect Trump is about to take office, and subsequently Paul Atkins has been nominated as SEC Chairman, which further increases the possibility of SOL ETF approval. Trump also began forming a cryptocurrency committee, appointing Bo Hines as executive director and former PayPal executive David Sacks as the "crypto czar".Yesterday, Nate Geraci, President of The ETF Store, revealed that Volatility Shares has submitted an application to US regulators to launch a leveraged ETF based on Solana futures. Eric Balchunas, Senior ETF Analyst at Bloomberg, wrote on X platform that if the Solana futures ETF is approved for launch, it may push the spot Solana ETF to go public.
Broadcast
37 min ago
Today, the Panic and Greed Index has risen to 73, with the level still being Greed
According to the Coin World Network, the Panic and Greed Index dropped to 73 today (compared to 72 yesterday), and the level remains at Greed. Note: The threshold for the panic index is 0-100, including indicators such as volatility (25%)+market trading volume (25%)+social media popularity (15%)+market research (15%)+Bitcoin's proportion in the entire market (10%)+Google keyword analysis (10%).
Broadcast
55 min ago
Salvadoran Bitcoin holdings exceed 6000
On December 29th, according to The Bitcoin Office, El Salvador's Bitcoin holdings exceeded 6000 (approximately $569 million), an increase of 19 bitcoins in the past 7 days and 53 bitcoins in the past 30 days.
Broadcast
58 min ago
The cumulative funding rate of GMT in the past 3 days is -6.1173%, and the current annual interest rate is 744.26%
According to Binance data, the cumulative funding rate for GMT in the past 3 days has been -6.1173%, and the current annual interest rate is 744.26%; The expected funding rate is -0.2382%.Note: The cumulative funding rate for the past 3 days is the total amount of funding rates settled in the last 3 days; Annual interest rate=| Average (3-day funding rate%/rate interval) | * 24 * 365.
Broadcast
1 hr ago
The US spot Bitcoin ETF bought 511314 bitcoins this year and currently holds 1.13 million bitcoins
According to monitoring by HODL15Capital, the US spot Bitcoin ETF purchased 511314 bitcoins this year and currently holds 1.13 million bitcoins, accounting for 5.4% of all bitcoins.
Broadcast
1 hr ago
CuratedCoin World Network Morning News | List of Important Overnight Events on December 29th
21:00-7:00 Keywords: El Salvador pump.fun、Metaplanet、 ItalyCurrently, El Salvador has 6000 bitcoins;2. Over 80000 BTC have flowed out of the exchange wallet in the past 30 days;Pump.fun's cumulative revenue has exceeded 1.9 million SOLs;4. Italy's 2025 budget has been passed by parliament, with adjustments to cryptocurrency tax rates;5. A new wallet was created to withdraw 1000 BTC from Binance, equivalent to approximately 94.43 million US dollars;Metaplanet CEO: Metaplanet's holdings of Bitcoin rank 15th among all listed companies.
Broadcast
1 hr ago
Finnish trade newspaper Kauppalehti predicts that Bitcoin will plummet by 40% in 2025
According to a report by Binance, Bitcoin Magazine published an article on X platform stating that Finnish trade newspaper Kauppalehti predicts that Bitcoin will plummet by 40% in 2025.The honeymoon period between Trump and Bitcoin investors will end in the fall as the huge expectations of the cryptocurrency industry have not been met. This, along with the decline in US stock returns, will break Bitcoin's bullish cycle, and by the end of this year, a pullback will cause its peak price to fall by 40%. Many investors are fleeing Bitcoin from US ETFs
Broadcast
2 hr ago
Bitcoin Deer purchased 33 bitcoins this week, with a total holding of 575 BTC
According to monitoring by HODL15Capital, Bitcoin mining company BitDeer purchased 33 bitcoins this week, with a total holding of 575 BTC, as reported by Binance.
Broadcast
2 hr ago
Solana blockchain TVL is currently at $8.497 billion
According to CoinGecko's latest data, the total locked value (TVL) of the Solana blockchain is currently $8497237523, with a 24-hour increase of 1.6%; The 24-hour trading volume was $3519477232, a decrease of 9.1%.
Broadcast
3 hr ago
CuratedOver 80000 BTC have flowed out of exchange wallets in the past 30 days
According to the latest data, 9335.34 BTC flowed out of the exchange wallet in the past 24 hours, 3335.07 BTC flowed into the exchange wallet in the past 7 days, and 80989.21 BTC flowed out of the exchange wallet in the past 30 days. As of the time of writing, the total balance of the exchange wallet is 2243869.39 BTC.
Broadcast
4 hr ago
USDe supply exceeds 5.9 billion pieces mark
According to a report by Binance, Etherscan data shows that the supply of stablecoin USDe issued by Ethena Labs has exceeded the 5.9 billion mark, with approximately 590700560.45 currently held by 18403 holders and 735435 transfers made.
Broadcast
5 hr ago
CuratedPump.fun's cumulative revenue exceeds 1.9 million SOLs
According to Dune data, as of December 28th, the cumulative revenue of Solana's meme platform pump.fun has reached 1900557 SOLs, approximately $347596990.
Broadcast
6 hr ago
El Salvador currently has 6000 bitcoins
According to Bitcoin Magazine's article on X platform, El Salvador currently has 6000 bitcoins worth over 569 million US dollars.
Broadcast