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Bitcoin Network Settles $19 Trillion in 2024, Doubling Last Year’s Volume
Bitcoin Network Settles $19 Trillion in 2024, Doubling Last Year’s Volume

During the 2021 bull market, Bitcoin's transaction volume peaked at $47 trillion but plummeted sharply in the subsequent years.

CryptoNews·2025/01/05 17:55
John Deaton Offers to Lead Trump-Era Probe Into Alleged Crypto Crackdown ‘Operation Chokepoint 2.0’
John Deaton Offers to Lead Trump-Era Probe Into Alleged Crypto Crackdown ‘Operation Chokepoint 2.0’

He framed the initiative as more than a crypto issue.

CryptoNews·2025/01/05 17:55
US prosecutors estimate over 1 million victims in Do Kwon’s criminal case
US prosecutors estimate over 1 million victims in Do Kwon’s criminal case

Quick Take U.S. prosecutors said the number of victims of Do Kwon’s alleged crypto fraud scheme potentially surpasses one million. Kwon, recently extradited to the U.S. from Montenegro, has pleaded not guilty to criminal charges.

The Block·2025/01/05 16:00
Aave Considers Fee Switch as USDe Pegging Proposal Draws Concerns
Aave Considers Fee Switch as USDe Pegging Proposal Draws Concerns

Aave, a leading DeFi platform, is preparing to activate a fee switch mechanism to enhance its revenue model and ensure long-term sustainability.

BeInCrypto·2025/01/05 10:30
Flash
22:12
Michael Saylor: Strategy's STRC reaches a $24 billion annualized run rate, will buy 2 to 3 times the Bitcoin miners produce
According to Odaily, BitcoinTreasuries.NET posted on platform X that Michael Saylor from Strategy stated that the annualized operation rate of STRC has reached $24 billion, which alone is enough to buy 2 to 3 times the amount of Bitcoin mined by miners. So far this year, Strategy has purchased $11 billion worth of BTC, with the buying speed reaching twice the mining output rate.
22:11
HP's Chief Financial Officer stated that the company is still moving forward with its cost-saving goals as planned and expects to achieve approximately $1 billion in annualized total cost savings by fiscal year 2028.
This financial objective reflects the company's continuous efforts and firm commitment to enhancing operational efficiency and optimizing cost structure.
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