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Cryptocurrency
Hodling in 2025: The most widely used Bitcoin strategy, explained
PositiveCryptocurrency
Hodling continues to be the preferred strategy for Bitcoin investors in 2025, despite market fluctuations.
Editor’s Note: This matters because it highlights the resilience of Bitcoin enthusiasts and their long-term commitment to the cryptocurrency, even in a volatile market.
South Korea’s Jeju City targets crypto holdings of alleged tax dodgers
PositiveCryptocurrency
Jeju City in South Korea is taking action against alleged tax dodgers by targeting their cryptocurrency holdings. This follows laws passed in 2021 that empower regulators to seize crypto assets from those accused of tax evasion.
Editor’s Note: This initiative is significant as it highlights the government's commitment to enforcing tax laws and regulating the cryptocurrency market. By targeting crypto holdings, authorities aim to ensure compliance and deter tax evasion, which could lead to increased revenue for public services.
EV startup Faraday Future plans multibillion-dollar crypto strategy
PositiveCryptocurrency
Faraday Future, an electric vehicle startup, is set to invest $30 million in cryptocurrency and plans to expand its investment to tens of billions. The company is also considering launching a crypto ETF.
Editor’s Note: This move highlights the growing intersection of the automotive and cryptocurrency industries. By investing in crypto, Faraday Future aims to diversify its portfolio and potentially tap into new revenue streams, which could be crucial for its growth and innovation.
Former Twitter CEO Agrawal emerges with AI startup
PositiveCryptocurrency
Parag Agrawal, the former CEO of Twitter, has launched a new AI startup focused on advancing AI agent research.
Editor’s Note: This development is significant as it highlights Agrawal's continued influence in the tech industry and the growing importance of AI technology in shaping the future.
Solana hits 100K TPS milestone with stress test transaction spike
PositiveCryptocurrency
Solana has achieved a remarkable milestone by briefly surpassing 100,000 transactions per second during a stress test. A developer noted that the blockchain could potentially handle up to 80,000 TPS in the future.
Editor’s Note: This achievement is significant as it showcases Solana's capabilities and potential for scalability in the blockchain space. High transaction speeds can enhance user experience and attract more developers and projects to the platform.
Thailand plans launch of a crypto payment sandbox for tourists
PositiveCryptocurrency
Thailand is planning to launch a crypto payment sandbox that will allow tourists to exchange cryptocurrency for Thai baht and make electronic payments.
Editor’s Note: This initiative is significant as it aims to enhance the tourism experience in Thailand by integrating cryptocurrency, making transactions easier and more accessible for international visitors.
Cryptojacker gets 1 year prison after admitting to $3.5M fraud
NegativeCryptocurrency
Charles O. Parks III has been sentenced to one year in prison after admitting to defrauding two cloud computing providers of $3.5 million to mine cryptocurrency.
Editor’s Note: This case highlights the growing issue of cryptojacking, where individuals exploit cloud services for illegal cryptocurrency mining, raising concerns about cybersecurity and financial fraud.
Altseason’s next step depends on China stimulus, investors’ response to recession fears
NeutralCryptocurrency
The continuation of altseason is contingent on China's central bank stimulus and how global investors react to recession fears.
Editor’s Note: Understanding the dynamics of altseason is crucial for investors in the cryptocurrency market. The influence of China's economic policies and global investor sentiment can significantly impact market trends.
Here’s what happened in crypto today
NegativeCryptocurrency
US Senator Cynthia Lummis criticized the Federal Reserve's recent crypto decision as "just lip service," arguing it doesn't represent real progress. Meanwhile, SEC Chair Paul Atkins spoke at an agency roundtable, and Circle executive Dante Disparte denied rumors about the company seeking a US federal bank charter. The crypto industry's optimism over softened Fed guidance may be premature, according to Lummis.
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Last Updated
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How it works1-Minute Daily Briefing
Stay sharp in 60 seconds. Get concise summaries of today’s biggest stories — markets, tech, sports, and more