Author: Cointelegraph by Zoltan Vardai

Bitcoin Investing Made Simple!

3 major developments that spurred crypto adoption in 2024

The crypto industry witnessed historic milestones in 2024, from MiCA regulations in Europe to Bitcoin adoption in Latin America and the US eyeing a strategic Bitcoin reserve. Source link

Buterin adopts Moo Deng, Christmas wishes of a lost $773M BTC wallet — Finance Redefined

Howells told Cointelegraph about his legal battle to recover a lost $773 million Bitcoin hard drive, which he plans to use to finance blockchain innovation. Source link

Bitcoin unfazed by $14B option expiry setting $110K BTC target

Bitcoin remained resilient despite the options expiry, peaking above $97,330 one hour after the year’s last options expiry event. Source link

Kyrgyzstan cryptocurrency mining tax collection falls 50% YoY in 2024

Kyrgyzstan is considered an ideal destination for cryptocurrency miners, due to its untapped renewable energy resources. Source link

Confirmed Bitcoin payments hit yearly low amid holiday illiquidity

Metrics like the number of confirmed payments can be used to gauge investor activity on the Bitcoin network. Source link

South Korea sanctions 15 North Koreans for crypto heists and cyber theft

The sanctioned agents were allegedly generating funds for North Korea’s nuclear weapon development program in Pyongyang. Source link

Redemption arcs of 2024: Ripple’s victory, memecoins’ rise, RWA growth

Bitcoin’s 2024 returns were doubled by the XRP token, following a significant legal victory for Ripple Labs and expectations of the SEC potentially dropping the lawsuit. Source link

Bitcoin analysts eye recovery to $105K, but ETF flows stagnate

Bitcoin struggles below $100,000 amid holiday illiquidity, but analysts predict a rally above $105,000 post-Christmas, citing macro trends. Source link

Turkey introduces stricter crypto AML regulations

The regulation is set for implementation on Feb. 25, 2025, allowing the country’s crypto service providers to halt “risky” crypto transactions with insufficient user information. Source link

Crypto hacks wipe out $2.3B in 2024, marking 40% YoY surge

According to Cyvers, the 40% yearly increase was mainly driven by growing access control vulnerabilities amid centralized exchanges and cryptocurrency custodians. Source link