Binance admits to accidentally mixing customer funds and reserve tokens
Binance is not only the world's biggest cryptocurrency exchange but also a key leader in the crypto space. The impact and influence of developments pertaining to Binance are significant, which makes its current situation concerning, as it is under fire from all directions.
Ethereum Price Prediction: Is $2,000 a reachable target for ETH bulls?
Ethereum price is showing optimistic signals post-rally. If market conditions persist, a $2,000 ETH price could be on the horizon. Ethereum price maintains its bullish stance going into the final week of January. Since the beginning of the month, the decentralized smart contract token rallied by 40%.
Solana Price Prediction: Is $30 on the cards for SOL?
Solana price is up 140% on the month. SOL shows strong uptrend potential targeting $30 based on the technical indicators. Invalidation of the bullish trend could occur from a breach of the $20 price level. Solana price could rise to $30 in the near future. However, traders should be aware of SOL’s downside risk in the event that the uptrend fails.
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IRS says crypto staking should be taxed in response to lawsuit
The IRS stated that rewards from cryptocurrency staking are taxable upon receipt, according to a Bloomberg report on Monday, which stated the agency rejected a legal argument that sought to delay taxation until such rewards are sold or exchanged.
Solana dominates Bitcoin, Ethereum in price performance and trading volume: Glassnode
Solana is up 6% on Monday following a Glassnode report indicating that SOL has seen more capital increase than Bitcoin and Ethereum. Despite the large gains suggesting a relatively heated market, SOL could still stretch its growth before establishing a top for the cycle.
Ethereum Price Forecast: ETH risks a decline to $3,000 as investors realize increased profits and losses
Ethereum is up 4% on Monday despite increased selling pressure across long-term and short-term holders in the past two days. If whales fail to maintain their recent buy-the-dip attitude, ETH risks a decline below $3,000.
Crypto Today: BTC hits new Trump-era low as Chainlink, HBAR and AAVE lead market recovery
The global cryptocurrency market cap shrank by $500 billion after the Federal Reserve's hawkish statements on December 17. Amid the market crash, Bitcoin price declined 7.2% last week, recording its first weekly timeframe loss since Donald Trump’s re-election.
Bitcoin: 2025 outlook brightens on expectations of US pro-crypto policy
Bitcoin price has surged more than 140% in 2024, reaching the $100K milestone in early December. The rally was driven by the launch of Bitcoin Spot ETFs in January and the reduced supply following the fourth halving event in April.
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