Elon Musk Endorses Pro-Crypto Canadian PM Contender Pierre Poilievre Ahead of Canada’s Election

Tesla and SpaceX CEO Elon Musk has shown his support for Pierre Poilievre, Canada’s pro-Bitcoin opposition leader. This follows Canadian Prime Minister Justin Trudeau’s announcement of his resignation on January 7, in the wake of the abrupt departure of his finance minister, Chrystia Freeland. The Endorsement Musk shared a video of Poilievre discussing inflation and…

Read More

COINTURK NEWS – Bitcoin, Blockchain and Cryptocurrency News and Analysis

Bitcoin (BTC) $95,249 experienced a significant decline of 8.8%, dropping to $95,000 last week. This marks the steepest loss recorded since August. The Federal Reserve’s (Fed) restrained expectations for interest rate cuts and negative messages surrounding Bitcoin contributed to a downturn in the overall cryptocurrency market. Experts caution that further declines may occur due to…

Read More

Next Cryptocurrency to Explode, 3 January — Axie Infinity, HashAI, Internet Computer, Snek

Join Our Telegram channel to stay up to date on breaking news coverage The cryptocurrency market experiences changes and developments that shape investment choices every day. Since last month, the cryptocurrency market has been on a bullish run, even as several tokens experienced price fluctuations. The crypto market is observing a noteworthy increase in trading…

Read More

North Korean crypto network in UAE hit by U.S. sanctions

The United States has hit a North Korean-linked crypto laundering operation in the UAE with new sanctions. The Treasury Department’s Office of Foreign Assets Control (OFAC) sanctioned two Chinese nationals—Lu Huaying and Zhang Jian—along with a UAE-based front company, Green Alpine Trading, LLC, for laundering millions in illicit funds. The network funneled stolen cryptocurrency back…

Read More

2025 Looking Bullish For These Altcoins: Bitcoin, Tron And Yeti Ouro

With the cryptocurrency market constantly evolving, 2025 is gearing up to be a transformative year for both veteran and novice investors. Bitcoin dominance reigns supreme as Tron makes waves with blockchain adoption. Yet another new altcoin, Yeti Ouro (YETIO), is attracting interest due to its innovative crypto-gaming combination. This is why these three tokens will shape the future of…

Read More

New IRS Rules Require DeFi Operators to Standardize Reporting  

New IRS rules require DeFi operators to report digital assets, including NFTs and stablecoins, ensuring standardized taxpayer compliance.  The revised framework aims to align DeFi brokers with traditional financial institutions, collecting and reporting user activity and cryptocurrency data.  Industry leaders and advocacy groups oppose the rules, citing privacy concerns and challenges for decentralized platforms to…

Read More

COINTURK NEWS – Bitcoin, Blockchain and Cryptocurrency News and Analysis

Cryptocurrencies are experiencing a challenging week, with Bitcoin (BTC) $97,157 dropping significantly after exceeding $108,000. The comments from the Federal Reserve and recent data dampening optimism for 2025 have accelerated selling. Additionally, discussions around the U.S. debt ceiling are intensifying, reigniting concerns over a potential government shutdown. Amidst this turmoil, Binance made an important listing…

Read More

MicroStrategy Stock Price Slips 11%, BTC Holdings Outpace Next Halving Output

MicroStrategy’s stock price dropped 11% last week, closing at $330 according to Yahoo Finance data. Despite this decline, the company’s Bitcoin (BTC) holdings surpassed a major milestone, eclipsing the projected mining output for the next halving epoch. This stark contrast between the company’s Bitcoin strategy and its stock performance underscores the mixed market sentiment surrounding…

Read More

Earn USDT with BlockDAG’s New Referral Reward System – Spotlight on Bitget Token Market Cap & VIRTUAL Price

What sets a cryptocurrency apart in today’s dynamic market? Virtuals Protocol is on the rise with its sophisticated AI agent integration, pushing the VIRTUAL price up to $3.22. Meanwhile, Bitget Token is making waves among trending cryptos, with a Bitget Token market cap demonstrating its growing importance in pre-market trading and beyond. Yet, it’s BlockDAG…

Read More

What Do Experts Forecast for MOVE and Fartcoin?

Despite Bitcoin maintaining a value above $98,000, altcoins are yet to show the expected recovery. As the year draws to a close and holiday activities diminish market interest, there remains speculation over the future movements of key cryptocurrencies like MOVE, Fartcoin, and Bitcoin. Insights on MOVE and Fartcoin Cryptocurrency valuations are climbing, yet major altcoins…

Read More

South Korea’s Jeju Island to Launch NFT-Powered Tourism Cards by 2025

Jeju Island, South Korea’s most famous tourist destination, is embracing blockchain technology to transform its tourism sector. Starting in the second half of 2025, the self-governing province plans to roll out NFT-based digital visitor cards, offering discounts, travel subsidies, and special membership perks at popular attractions. NFT Visitor Cards Reports from local outlets indicate that…

Read More