CryptoCurrency
Bitcoin Could Surge To $1.7M, According To CryptoQuant
They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn.
Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats – a testament to his dedication to his furry companions (more on that later).
Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling – right up his alley!
So, he landed a killer gig at NewsBTC, where he’s one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill).
Think Christian’s all work and no play? Not a chance! When he’s not at his computer, you’ll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair.
Speaking of chill, Christian’s got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin’ helps him analyze and write meticulously formatted articles even better.
Here’s the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day – and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies.
Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors – and bosses – he deeply respects.
So, the next time you tread into the world of cryptocurrency, remember the man behind the words – the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.
Pension advisers and wealth management chiefs have issued stark warnings to the Treasury over plans to apply inheritance tax (IHT) to pension funds, cautioning that the proposed changes could cause severe delays and increased costs for bereaved families.
The changes, announced by Chancellor Rachel Reeves in her autumn Budget, aim to raise £1.5billion annually for the Treasury by 2030 by making pension funds part of inherited estates.
Industry leaders have described the proposals as “flawed and potentially damaging” in responses to Government consultations closing this week. The Government estimates its proposals will bring approximately 1.5 per cent more estates within the scope of death duties by 2027-28.
This increase comes on top of the four per cent of estates that already exceed the £325,000 nil-rate band. The threshold can rise to £500,000 in cases where a property is passed on.
Under the new proposals, personal representatives of inherited pension funds would need to identify the funds and calculate any inheritance tax owed, considering other assets in the estate.
Do you have a money story you’d like to share? Get in touch by emailing money@gbnews.uk.
The Government is making changes to inheritance rules impacting pensions
GETTY
Pension scheme administrators would then be responsible for paying the inheritance tax before releasing the funds. The Society of Pension Professionals has warned that the government’s plans “impose unrealistic and impractical timescales”.
The trade association expressed concern about interest charges and penalties that could be imposed on pension scheme administrators for delays “over which they have little or no control”.
Steve Hitchiner, chair of the Society of Pension Professionals (SPP), said issues relating to the reporting and payment of inheritance tax on pensions was “vitally important”. He added that the current proposals “will result in numerous problems and challenges which could be largely avoided”.
Chief executives from major UK wealth managers, including Interactive Investor, Quilter and AJ Bell, have written directly to Reeves about their concerns over the looming raid from HM Revenue and Customs (HMRC).
Britons are preparing for drastic changes to inheritance tax rules GETTY In their letter, seen by the Financial Times, they warned: “The complexity of the proposed approach, namely bringing all pensions into estates for IHT, will lead to substantial delays paying money to beneficiaries on death and cause distress for bereaved families.”
The executives called on the Government to “work with the pensions industry to agree a simpler method of achieving the policy aim”. Under current rules, inherited pensions can be paid more quickly to beneficiaries and used for urgent expenses like probate costs and funeral charges.
Anna Rogers, a senior partner at Arc Pensions Law, warned that the new process would disproportionately affect those with lower incomes. “The (new) process is complicated and it will punish lower earners,” she said.
“Wealthy people don’t need the money quickly . . . it seems the harm will be disproportionately to those who aren’t wealthy and those who die young.” Lawyers have expressed particular concern about the six-month window between death and the inheritance tax payment deadline.
Jeremy Harris, the partner at Fieldfisher, noted that pension scheme rules typically allow two years to pay death benefits, highlighting potential timing conflicts. He said: “There may be a need to sell assets to pay the tax, but there might be cases of people not being able to pay, for example if a property needs to be sold.”
Death in service benefits could face significant inheritance tax bills in cases where they are part of registered pension schemes. “It’s got the potential to be quite a mess . . . at some point there will be a backlash,” Harris added.
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Britons are being warned about the looming inheritance tax raid
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Kate Smith, the head of public affairs at Aegon, highlighted a lack of clarity over what falls within scope of the changes. She noted that “nobody thinks [the proposals] will work”.
The Treasury defended its position, stating: “We continue to incentivise pensions savings for their intended purpose of funding retirement instead of them being openly used as a vehicle to transfer wealth.”
The SPP has suggested alternative approaches, including leaving the calculation and payment of inheritance tax to personal representatives and HMRC.
Alternatively, they proposed that benefits could be taxed at the full 40 per cent rate and paid promptly by scheme administrators in cases where pensions are subject to inheritance tax. These alternatives aim to address the industry’s concerns while maintaining the government’s revenue objectives.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
Investors pivot from Cardano and Shiba Inu to Remittix, eyeing 50x-100x growth in global payments solutions.
A seismic shift in the crypto market is occurring as investors look away from established players like Cardano (ADA) and Shiba Inu (SHIB), setting their sights on a new token with 50x to 100x potential.
This fresh PayFi project, Remittix, is drawing attention for its unique technology and applications, as it seeks to solve inefficiencies in the lucrative global payments market. So why is Remittix seeing so much attention and why are Cardano and Shiba Inu holders taking note?
Cardano’s short growth spurt is stopped abruptly
Cardano came into 2025 on strong footing after a rally in November and December, before wobbling its way through early January. Though Cardano saw many fluctuations in this time, Cardano’s value saw a net increase, rising by 9.9% in the last 30 days. This came off the back of the successful release of Node v.9.1.1, which fixed issues related to the Conway era and improved transaction reliability.
The blockchain’s push toward decentralization remains on track, with plans for a community-driven governance system in 2025. Cardano’s price has now plateaued after its short lived growth spurt and the asset even saw a minor loss today. Its steady pace has left some investors seeking faster, higher-growth opportunities.
Shiba Inu: Meme magic losing momentum?
Shiba Inu has posted losses on monthly, weekly and daily timeframes, putting the price of Shiba Inu down to $0.00002083 with a most recent loss of 2.3% over the past week. This bleak price outlook makes Shiba Inu’s ATH of $0.00008845 in 2021 seem like it happened in a different universe altogether.
Although Shiba Inu’s popularity grew from its passionate community and meme appeal, recent losses have seen its appeal dwindle. These losses aside, some good things have come out of Shiba Inu’s developer team recently, such as tweaks to Shibarium and a pivot into NFTs that might pay dividends for Shiba Inu down the road.
Transforming global transactions
With Remittix, users can convert more than 40 cryptocurrencies into fiat currencies and transfer funds seamlessly to bank accounts worldwide. Unlike conventional systems weighed down by high fees and extensive delays, Remittix provides a cost-effective and efficient alternative.
Featuring flat-rate fees and clear pricing, the platform removes hidden charges and variable conversion rates, ensuring recipients receive the full intended amount. Whether it’s individuals sending money to family abroad or businesses handling global payments, Remittix delivers a reliable and efficient solution.
This approach resonates with both individuals and businesses, especially those seeking predictable and transparent cost structures for international transactions. By emphasizing simplicity and fairness, Remittix is building trust and appealing to users who value transparency in their financial activities.
Privacy and security are critical in today’s financial ecosystem and Remittix excels in both areas. Transactions through the platform are treated like standard bank transfers and when they are listed on statements, they show no connection to cryptocurrency.
Remittix is in prime position to disrupt the PayFi space
Currently, Remittix is excelling in its presale phase, approaching the $4.4 million milestone. Tokens are available at an appealing entry price of $0.0239, making this project accessible to a wide range of investors.
With analysts forecasting an 800% price surge by the presale’s conclusion and a further 5,000% rally post-launch, Remittix is positioned to change the $190 trillion cross-border payments market. By overcoming the barriers that have long impeded global payments, Remittix is on course to emerge as a dominant force in the PayFi industry, reshaping financial transactions in 2025.
To learn more about Remittix, visit the Remittix presale and join the Remittix community.
Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.
Bank of America CEO Brian Moynihan has shared his thoughts on the future of crypto in the banking sector.
Speaking in an interview with CNBC at the World Economic Forum in Davos, Switzerland, on Tuesday, Moynihan stressed that the industry is ready to embrace crypto for transactions, but only if the regulatory landscape is well-defined.
Crypto Adoption Depends on Clear Rules
In the discussion, the executive stated that if directives were implemented that would make it feasible to conduct business, then the industry would strongly engage.
“If the rules come in and make it a real thing that you can actually do business with, you will find the banking system will come in hard on the transactional side of it,” he said.
He also pointed out that these organizations would need ‘non-anonymous, verified’ transactions to move forward with crypto adoption.
Further, he highlighted that BOA has already invested in blockchain technology, mentioning that it holds hundreds of patents in the area. The organization also already processes most transactions digitally.
When asked whether he saw crypto and Bitcoin as a threat to the U.S. dollar, Moynihan did not express concerns. Instead, he viewed digital assets as another payment method that could be used alongside established options like Visa, Mastercard, and Apple Pay.
These comments come amid ongoing caution within the sector toward crypto, largely due to regulatory uncertainties. JPMorgan Chase CEO Jamie Dimon, for example, has openly criticized Bitcoin. In a recent interview with CBS, the chief executive said the flagship cryptocurrency has no intrinsic value, adding that it is often used by criminals and fraudsters. Despite this, he has acknowledged the utility of blockchain technology and that the U.S. will one day have a digital currency.
Regulatory Challenges
The compliance-related challenges for U.S. banks have been compounded by the Biden administration allegedly launching “Operation Choke Point 2.0” to restrict them from developing crypto-related services.
This included a policy called the SEC’s Staff Accounting Bulletin (SAB) 121. The rule required financial institutions to treat customer-held crypto as liabilities on their balance sheets, making it harder for them to offer services to such clients. As a result, many U.S. banks have either paused or slowed down any crypto initiatives they may have had.
There have been unsuccessful efforts to address these barriers, including a resolution passed by the U.S. Senate last May to lift the ban on banks offering crypto custody services. Additionally, in September, a group of Republican lawmakers called for the U.S. Securities and Exchange Commission (SEC) to rescind the “disastrous” SAB 121 rule.
Looking ahead, the situation may shift under the leadership of President Donald Trump, who is expected to clarify guidelines around digital assets. However, the specifics of how his administration will approach such regulation remain unclear, especially since crypto was left off the list of executive orders signed on his first day in office.
The post Bank of America CEO on When Banks Will Embrace Crypto for Payments appeared first on CryptoPotato.
Cardano (ADA) has been a focal point of the crypto market’s volatility, experiencing sharp price swings over the past week, particularly during the weekend. In just a few days, ADA has dropped over 18%, leading to growing fear and uncertainty among investors. This significant decline has shaken confidence in Cardano’s short-term outlook, with many wondering whether the asset can regain its momentum.
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Despite the market turbulence, top analyst Ali Martinez has offered a more optimistic perspective. Sharing a detailed technical analysis, Martinez suggested that Cardano is poised for a significant move upward once it overcomes a critical resistance level at $1.10. According to Martinez, breaking through this resistance could open the door for ADA to rally toward $1.50, marking a substantial recovery from its recent lows.
As investors weigh their options amid the current volatility, Martinez’s analysis provides a glimmer of hope for those looking for a bullish turnaround. With the broader market showing signs of recovery, all eyes are on Cardano’s ability to reclaim key levels and shift market sentiment. The coming days will be crucial for ADA as it attempts to shake off fear and uncertainty and position itself for a potential rally.
Cardano Testing Crucial Demand
As the cryptocurrency market continues to grapple with heightened volatility and uncertainty, Cardano has managed to hold its ground above key demand levels. Despite recent turbulence, ADA’s ability to maintain these crucial levels has kept investors cautiously optimistic about its potential for a significant breakout. The price action indicates mounting bullish pressure, with many market participants eagerly awaiting a decisive move.
Top analyst Ali Martinez recently shared a technical analysis on X, highlighting Cardano’s promising setup. According to Martinez, ADA is poised for a rally to $1.50 if it can overcome the critical resistance level at $1.10. This level has proven to be a significant barrier, but a successful breakout would signal renewed momentum and set the stage for a sustained upward trend. Martinez’s analysis provides a beacon of hope for investors seeking confirmation of ADA’s bullish potential.
However, the outlook is not without risks. If ADA fails to hold its current demand levels, the possibility of a deeper decline looms large. Losing these levels could lead to a wave of selling pressure, testing investor confidence and delaying the anticipated breakout.
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As the market watches closely, Cardano’s next moves will be critical in determining its trajectory. The coming days will reveal whether ADA can capitalize on its resilience and push through resistance or face further consolidation. For now, the balance of risk and reward keeps investors on edge as they anticipate what could be a defining moment for Cardano in the current market cycle.
ADA Price Action: Key Levels To Watch
Cardano (ADA) is currently trading at $1, following an 18% drop from its $1.16 local high set last Friday. The recent decline has raised concerns among investors as ADA hovers near the critical psychological level of $1. Holding this level is crucial for bulls to regain momentum and prevent further downside in the short term.
To reclaim bullish momentum, ADA must not only maintain support at the current levels but also push decisively above the $1.11 resistance in the coming days. Breaking through this level would signal renewed strength and could pave the way for a recovery toward higher targets, boosting investor confidence in the process.
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However, the risk of a deeper correction remains if ADA fails to defend the $1 mark. Losing this key psychological support could trigger a wave of selling pressure, potentially resulting in a drop of up to 15% in the short term. Such a move would likely test lower support zones, challenging Cardano’s recent resilience.
Featured image from Dall-E, chart from TradingView.
Among the most vocal critics of TRUMP, the controversial and wildly popular memecoin launched by Donald Trump on the eve of his 2025 inauguration, are the very crypto enthusiasts he may have hoped to court.
The TRUMP coin, launched on Jan. 17, saw a dramatic price surge, climbing from $7 to an all-time high of $75 within 24 hours before settling at $38. Two days after TRUMP’s debut, MELANIA, a coin endorsed by First Lady Melania Trump, entered the market. Unlike its predecessor, MELANIA has struggled, starting around $7 and plummeting below $4 after a briefly peaking at $14.
While both tokens’ volatile trajectories appear to have minted some overnight millionaires, they have also drawn sharp criticism from industry insiders.
The potential for conflicts of interest has been a focal point of the backlash, with critics — including members of the U.S. congress — raising concerns that the token could enable individuals to curry favor with the president.
Anthony Scaramucci, a former White House communications director turned crypto advocate, voiced his apprehensions on X (formerly Twitter): “The most perilous aspect of Trump coin for the nation is what follows. Now, anyone globally can effectively deposit money into the bank account of the President of the United States with just a few clicks. Every favor—be it geopolitical, corporate, or personal—is now openly for sale.”
The decision to launch a memecoin has also sparked broader criticism within the crypto industry. While memecoins have become a prominent use-case for blockchain technology, many developers argue they reinforce a get-rich-quick perception that undermines the sector’s credibility.
Gabor Gurbacs, founder of digital asset firm Pointsville, posted on X: “Trump needs to dismiss his crypto advisors, from top to bottom.”
Nic Carter, a general partner at a crypto investment firm and a vocal Trump supporter, was similarly scathing: “It’s absolutely preposterous that he would do this,” he told Politico. “They’re plumbing new depths of idiocy with the memecoin launch.”
Specific concerns have been raised about the coin’s distribution. 80% of TRUMP tokens are concentrated in a small number of blockchain addresses controlled by CNC Digital, the firm that launched the coin. Such concentration is a hallmark of potential “pump-and-dump” schemes, where insiders inflate a token’s value before selling off their holdings, leaving other investors with losses.
There’s no evidence that Trump’s team plans to “dump” its tokens. Nicolas Vaiman, CEO of blockchain analytics firm Bubblemaps, noted to CoinDesk that the distribution of TRUMP tokens at least matched what was outlined on its official website. Additionally, the insider-held tokens align with prior distributions of Trump’s NFT trading cards, which were also managed by CNC Digital, meaning the tokens may be reserved for the president’s NFT holders.
The same transparency does not apply to MELANIA, however. About 89% of MELANIA tokens are controlled by insiders, according to Bubblemaps. The on-chain supply does not match an official distribution breakdown on the token’s website, which earmarked 35% of tokens for “public distribution” and “community.”
Vaiman said the First Lady’s memecoin has cast a shadow over the original TRUMP coin: “TRUMP could have been a statement from President Trump saying, ‘I endorse crypto,’” Vaiman said. “Melania launching her tokens feels like they just want to make as much money as they can on this, and then forget about it. It gives this a different flavor.”
This is not the first time the crypto community has questioned Trump’s forays into the industry. In August, Trump and his sons launched World Liberty Financial (WLFI), a platform that promised to develop a lending product. The project drew backlash for pre-selling tokens before delivering any tangible value, and critics were quick to point out the involvement of a former dating coach and memecoin promoter on the WLFI team, as well as the allocation of a percentage of presale proceeds directly to a Trump-controlled company.
The conflict-of-interest potential was also immediately apparent. Tron blockchain-founder Justin Sun recently became WLFI’s largest investor, making a $30 million purchase of the project’s tokens. In an X post on Tuesday, Donald Trump Jr. announced that World Liberty Financial would acquire some of Tron’s TRX tokens for its treasury.
In my view, if I have made any money in cryptocurrency, all credit goes to President Trump @realDonaldTrump. Both Trump Coin and World Liberty Financial are bound to perform exceptionally well.
— H.E. Justin Sun 🍌 (@justinsuntron) January 22, 2025
A Hong Kong-based crypto billionaire, Sun was previously charged with fraud by the Securities and Exchange Commission — a department now under the control of Trump’s White House.
Larry Fink, CEO of BlackRock, recently speculated that Bitcoin could potentially reach valuations as high as $700,000 per BTC. This projection arises against the backdrop of intensifying concerns about currency debasement and global economic instability, positioning Bitcoin as a hedge against vulnerabilities in traditional financial systems. Fink’s remark was not an outright endorsement but rather a reflection on a recent meeting he had with a sovereign wealth fund. The fund sought advice on whether to allocate 2% or 5% of its investment portfolio to Bitcoin. According to Fink, if institutional adoption continues to grow and similar allocation strategies are embraced broadly, market dynamics could drive Bitcoin to such remarkable heights.
Fink made this striking statement during a recent interview, explaining that Bitcoin’s potential for exponential growth is closely tied to fears of economic downturns and fiat currency devaluation. Fink described Bitcoin as an “international instrument” capable of mitigating localized economic fears.
JUST IN: $11.5 trillion BlackRock CEO Larry Fink says Bitcoin could go up to $700,000 if there is more fear of currency debasement and economic instability.pic.twitter.com/WOXclAsjDP
— Bitcoin Magazine (@BitcoinMagazine) January 22, 2025
A Message to the Market
With BlackRock managing $11.5 trillion in assets, Fink’s words carry significant weight, sending a clear message to retail and institutional investors alike. His endorsement transcends personal opinion, serving as a market signal about Bitcoin’s potential trajectory. Long heralded as “digital gold,” Bitcoin is seen as a store of value that can protect wealth from inflation and governmental fiscal mismanagement. Fink’s recognition of this narrative could further accelerate its adoption among traditional investors.
Related: From Laser Eyes to Upside-Down Pics: The New Bitcoin Campaign to Flip Gold
A Timely Forecast
Fink’s prediction comes as global economies grapple with soaring inflation, escalating national debts, and geopolitical tensions that threaten currency stability. Bitcoin, with its fixed supply of 21 million coins and decentralized structure, presents an alternative asset class that is immune to the inflationary pressures inherent in fiat currencies. In this climate, its value proposition becomes increasingly compelling.
BLACKROCK IS BACK.
THEY JUST BOUGHT $600 MILLION OF BITCOIN, THEIR LARGEST BUY SO FAR THIS YEAR. pic.twitter.com/QLAm5eaik4
— Arkham (@arkham) January 22, 2025
BlackRock’s Bitcoin ETF: A Signal of Institutional Interest
BlackRock’s deepening involvement in Bitcoin reached a milestone on January 21, 2025, when the firm purchased $662 million worth of Bitcoin for its exchange-traded fund (ETF), their largest daily purchase so far this year.
BlackRock’s iShares Bitcoin Trust (IBIT) surpassed the firm’s iShares Gold Trust (IAU) in net assets in October 2024. This milestone was achieved just months after IBIT’s launch in January 2024, highlighting the rapid growth and increasing investor interest in Bitcoin-focused exchange-traded funds.
A Balanced Perspective
While Fink’s projection is undeniably bullish, it remains contingent on the continuation of current economic trends. If global economic stability improves or innovative financial systems emerge to alleviate fears of currency debasement, Bitcoin’s price trajectory may stabilize at a lower level. Nevertheless, Fink’s high-profile commentary underscores its growing role as a legitimate asset class.
Related: David Bailey Forecasts $1M Bitcoin Price During Trump Presidency
Bitcoin’s Next Chapter
Bitcoin’s evolution from a niche digital experiment to a mainstream financial instrument is accelerating. Fink’s remarks may signal a pivotal moment, not just for Bitcoin, but for its broader acceptance in traditional finance. For investors and enthusiasts, this is more than a vote of confidence—it’s a sign that the integration of Bitcoin into the global financial landscape is not only imminent but already underway.
As the world watches, Bitcoin’s role in redefining finance continues to grow. Fink’s prediction serves as a reminder that Bitcoin is no longer a fringe idea but a crucial player in the future of money.
CryptoCurrency
Can ETH Explode to $8,000 in 2025 Bull Run as Whale Interest in Lightchain AI Surges?
As the cryptocurrency market gears up for a potential 2025 bull run, investors are speculating whether Ethereum (ETH) could reach $8,000, a milestone that would mark a significant leap from its current levels.
Meanwhile, Lightchain AI, a rising star in the altcoin space, is attracting substantial attention from whales, signaling its potential to deliver exponential returns.
Ethereum Backbone of Decentralized Finance
Ethereum acts like the basic stage for uncentralized money, letting people make and do smart deals that help direct money swaps without middlemen.
This spread out design makes sure that things are clear, s͏afe, and easy to get to, letting users take part in things like lending borrowing and trading straight on the blockchain. The start of Ethereum 2.0 or Eth2 marked a big step in the platforms growth. This update tries to fix issues with how much it can grow and use energy helping the network’s speed and lasting power.
As Ethereum 2.0 grows and more upgrades are added, the network is likely to keep its place as a leader in the blockchain world, helping a new time of shared finance, rule, and art.
Lightchain AI Rising Star Whales Are Betting On
While Ethereum continues to dominate the DeFi space, Lightchain AI is making waves as a disruptive force by merging blockchain technology with artificial intelligence.
This innovative platform has already caught the attention of major investors, raising $12 million in its presale with tokens priced at $0.00525.
Lightchain AI stands out with its revolutionary features, integrating AI to enhance real-time data processing and decision-making within decentralized ecosystems. It also tackles scalability issues with high transaction speeds, rivaling networks like Solana, making it an attractive option for developers.
The influx of whale investments underscores confidence in its potential, with some predicting a 100x return by 2025. Lightchain AI is quickly positioning itself as a leader in the next crypto cycle.
Big Picture – Ethereum and Lightchain AI as Power Players
While Ethereum’s established presence, robust ecosystem, and recent upgrades like the transition to proof-of-stake make it a strong candidate for significant growth, Lightchain AI’s cutting-edge technology, focus on AI-driven blockchain solutions, and growing whale interest position it as an exciting contender for outsized gains.
Lightchain AI’s unique approach to integrating artificial intelligence with blockchain has been drawing attention from both retail and institutional investors, signaling its potential to disrupt the market.
Investors seeking diversification in the 2025 bull run could benefit from considering both ETH and Lightchain AI, balancing the proven stability and scalability of Ethereum with the high-growth potential and innovation offered by Lightchain AI. This combination could provide a strategic edge in capturing gains in a rapidly evolving crypto landscape.
https://lightchain.ai/lightchain-whitepaper.pdf
https://t.me/LightchainProtocol
Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
Despite a rally in the US Dollar Index and cooler-than-expected Consumer Price Index data, inflationary fears persist.
What do you need to implement cryptocurrency payouts for your business?
If you wish to implement cryptocurrency payouts for your business, you will need to complete the following steps:
Choose a cryptocurrency: There are many different cryptocurrencies to choose from, each with its own set of pros and cons. It is important to research and compare different options to properly determine which cryptocurrency is best suited for your needs.
Obtain a cryptocurrency wallet – the crypto wallet is a digital tool, that allows you to store, send, and receive cryptocurrency. There are a few different types of wallets available, including software wallets, hardware wallets, and paper wallets.
Set up a payment system – you’ll have to integrate a system for making cryptocurrency payments to your clients or contractors. This may involve accommodating a payment processor or using a separate platform to manage cryptocurrency payments.
Comply with legal requirements – depending on the jurisdiction of the country you are in, there may be specific regulatations that apply to the use of cryptocurrency as a payment method. It is important to be aware of these prerequisistes and to take any necessary steps in ensuring you are in compliance with the law.
Implement security measures – Cryptocurrency is also vulnerable when it comes to hackers, so it is mandatory that you take steps to protect your crypto and provide extra security. This may involve implementing safety measures such as strong passwords, two-factor authentication, and secure way of storage.
Are crypto payouts legal?
In general, it is considered legal to use cryptocurrency as a means of payment, including for paying out employees or partners. However, the legal status of cryptocurrency can vary, depending on the regulations imposed by the government of the country you’re in, and it is important to be aware of any current laws that may apply.
In some cases, there may be specific requirements or restrictions related to the use of cryptocurrency as a form of payment. For example, some countries may demand that you register with a regulatory agency or obtain a license before you can use cryptocurrency for this purpose.
Overall, it is important to be aware of the legal rules that may apply when conducting any cryptocurrency payment, and to seek legal or financial advice, if you have any questions or concerns.
Are crypto payouts subject to taxes?
The tax treatment of cryptocurrency payments, including payments made to employees or contractors, can vary due to the local jurisdiction. In some cases, cryptocurrency payments may be subject to taxes in the same way as payments made in fiat currency.
In the United States, for example, the Internal Revenue Service (IRS) has issued guidance stating that cryptocurrency transactions are taxable by law, and that virtual currency payments made to employees are subject to federal income tax withholding, FICA (Federal Insurance Contributions Act) tax, and Federal Unemployment Tax Act (FUTA) tax.
In other countries, the tax treatment of cryptocurrency payments may be similar or different. It is important to be aware of any relevant tax laws and regulations, and to seek professional advice if you have any questions about the tax treatment of cryptocurrency payments.
Conclusion
Being able to accept digital payments is now easier than ever, because of the easy integration of virtual tools, which are made to take care of the entire payment process. Even if you’re not very well educated about the purpose and use of crypto, you don’t have to break a sweat cramming in all the missed information about it. All you need is a reliable crypto payment gateway provider and crypto assets of your own to make efficient payouts. However, one should never forget to be mindful about the potential legal reprocussions of such activity, which the key to conducting successful crypto payments to both individals or commercial institutions.
Please note that this article is not a financial advise and has only informational purpose.
U.S. President Donald Trump’s announcement of the $500 billion artificial intelligence project Stargate could drive a fresh surge in AI tokens.
That’s according to Dr. Max Li, founder and CEO of OORT, a decentralized cloud computing platform. OORT previously collaborated with BNB Greenfield in March 2024 to enhance the BNB Chain ecosystem.
On Jan. 21, Trump revealed that ChatGPT creator OpenAI, along with Japanese investment firm SoftBank, U.S. tech giant Oracle, and Emirati sovereign wealth fund arm MGX, are partnering to launch the $500 billion AI infrastructure project. The initiative will be based in the United States, with an initial $100 billion in funding already secured.
According to Dr. Li, the Stargate project could significantly influence price trends across the market.
“With AI coins making recent headlines, the Trump administration’s investment in AI infrastructure could directly impact price trends. While we need to exercise caution with AI agents, the immediate beneficiary is AI-based digital asset management such as Ai16z,” Li said in comments shared with crypto.news.
The announcement sparked a rise in the market capitalization of AI tokens and agents. Notable gainers included Artificial Superintelligence Alliance (FET), Virtuals Protocol (VIRTUAL) and ai16z (AI16Z) were among top gainers.
OpenAI co-founder Sam Altman linked Worldcoin (WLD) also experienced a notable spike.
Over the past year, AI tokens have outperformed other digital assets amid developments and news related to artificial intelligence. Companies such as OpenAI and Nvidia have been central to these trends, while the market has also seen growing activity at the intersection of AI and cryptocurrency. AI agents have emerged as one of the latest hot topics.
Li added;
“DeFi’s convergence with AI will also be accelerated, as developers and investors have had their eyes on this area for some time. We can expect a surge in AI projects launching their tokens, followed by a cycle of filtering and reshuffling. Ultimately, only those with real business value and practical use cases will endure.”
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Fashion8 years agoThese ’90s fashion trends are making a comeback in 2025
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Entertainment8 years agoThe Season 9 ‘ Game of Thrones’ is here.
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Fashion8 years ago9 spring/summer 2025 fashion trends to know for next season
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Entertainment8 years agoThe old and New Edition cast comes together to perform You’re Not My Kind of Girl.
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Sports8 years agoEthical Hacker: “I’ll Show You Why Google Has Just Shut Down Their Quantum Chip”
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Business8 years ago
Uber and Lyft are finally available in all of New York State
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Entertainment8 years ago
Disney’s live-action Aladdin finally finds its stars
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Sports8 years ago
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Entertainment8 years ago
Mod turns ‘Counter-Strike’ into a ‘Tekken’ clone with fighting chickens
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Fashion8 years ago
Your comprehensive guide to this fall’s biggest trends
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