In 2024, global cryptocurrency adoption surged as Bitcoin broke price records and governments began integrating crypto into their financial frameworks. From Bitcoin’s historic milestones to Europe’s regulatory strides, 2024 set the stage for crypto’s mainstream integration. Cointelegraph has put together some of the most significant events that bolstered mainstream cryptocurrency adoption in 2024, from a…
The recent Internal Revenue Service (IRS) reporting rule designating decentralized finance (DeFi) front-ends as brokerages has sent shockwaves through the crypto industry. Alex Thorn, the head of research at Galaxy Digital, outlined three potential options for DeFi if the IRS rule is not backtracked. According to Thorn, DeFi services and applications can comply with the…
Ether exchange-traded funds (ETFs) hit a new monthly record in December despite the holiday illiquidity, bolstering analyst expectations of an incoming rally. The United States spot Ether exchange-traded funds (ETFs) reached a new monthly record, surpassing $2.1 billion worth of cumulative net inflows during December. December’s $2.1 billion worth of inflows is nearly double that…