Reported 3 days ago
Bitcoin has rebounded to approximately $97,000 after dipping to a December low of $91,000. Terraform Labs co-founder Do Kwon pleaded not guilty to US fraud charges stemming from the collapse of TerraUSD, while the IRS has postponed new cryptocurrency reporting rules until 2026. Additionally, US-based Bitcoin mining pools have significantly increased their dominance in 2024, mining 38.5% of all bitcoin blocks and marking a notable shift in the mining landscape following China's ban.
Source: YAHOO