Here's a summary of today's top cryptocurrency news:
Market Performance and Price Action:
Bitcoin (BTC) has surpassed 90,000 USDT, showing a 1.51% increase in 24 hours.
Despite some earlier muted activity, Bitcoin has seen an increase amid Federal Reserve cut bets, trading near $89,000 to $90,000, though it remains range-bound.
Binance Coin (BNB) is defying the market slump, posting moderate daily gains.
Solana (SOL) price predictions are circulating, with discussions on whether it will hold above $125 in late 2025.
XRP was trading lower, having fallen during the previous week.
Key Developments and Trends:
Institutional Adoption & Investment:
Billionaire Michael Saylor's strategy has boosted USD reserves by $748 million to $2.19 billion.
Japan's largest Bitcoin holder is now offering dividend shares to investors.
There's an increasing interest from traditional finance, with ICE reportedly eyeing a $5 billion investment in MoonPay.
A solo Bitcoin miner successfully mined an entire Bitcoin block on December 18th after renting hashpower.
Regulatory and Policy News:
Ghana's parliament has approved a bill to legalize cryptocurrency, which will facilitate the licensing of crypto platforms and regulation of related activities.
Hong Kong's insurance regulator is considering new capital rules and risk charges on crypto assets.
US lawmakers are urging the IRS to end double taxation on crypto staking before 2026.
