In Q4 2024, venture capital (VC) firms invested $ 3.5 billion into crypto and blockchain startups, a 46% increase from the previous quarter. 2024: Weakest Year for Crypto VC Fundraising Venture capital (VC) firms poured $ 3.5 billion into crypto and blockchain-focused startups in the last quarter of 2024. The investment, 46% higher …
Axios reports that Sen. Ted Cruz, a Republican from Texas, plans to wield the Congressional Review Act (CRA) next week to challenge a tax regulation that infringes on the rights of cryptocurrency brokers. This move is seen not just as a procedural tactic but as a principled stand against the expanding reach of governmental authority […]
Swiss state-owned bank Post Finance AG has expanded its digital-asset offering by introducing staking for ethereum (ETH), allowing holders to earn passive income. The bank plans to add staking for other tokens soon. Post Finance, which started trading and custody services for cryptocurrencies nearly a year ago, is the first systemically important bank to offer […]
As bitcoin’s valuation experiences a notable upswing, miners are deriving substantial financial advantages from an elevated hashprice—the metric denoting daily revenue earned per petahash per second (PH/s) of computational power devoted to the Bitcoin network. BTC Mining Revenues Soar as Hashprice Climbs Miners have seen a marked increase in profitability as BTC exceeded the $ […]
Bitcoin and ether ETFs continued their strong recovery with successive days of inflows worth $ 626 million and $ 167 million respectively. Bitcoin ETFs Reverse Outflows With Consecutive Days of Significant Inflows U.S. spot bitcoin ETFs continued the show of strength with another day of strong inflows. Data from Sosovalue on Jan. 16 …