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Bitcoin cracks $28K on CPI amid warning US inflation ‘highly elevated’

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Bitcoin joins altcoins in reacting strongly to CPI data coming in below estimates, with BTC price clawing back ground toward $30,000.

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Coin Market

IRS DeFi broker rule ‘absolutely should be challenged,’ says Uniswap CLO

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Uniswap chief legal officer said the IRS DeFi broker rule “absolutely should be challenged,” while a Consensys lawyer argued that the ruling was released on “the last Friday of 2024 in the middle of a holiday stretch on purpose.”

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Coin Market

US government will not buy Bitcoin in 2025 — Galaxy Research

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Galaxy Research is of the belief there will be “some movement” within US government departments in 2025 to explore an “expanded Bitcoin reserve policy.”

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Coin Market

Crypto Biz: The Year of Bitcoin

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This week’s Crypto Biz explores Bitcoin’s landmark year, Crypto.com’s new custody service, Russia’s partial ban on crypto mining and taxes on staking rewards in the US.

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