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Bitcoin IRA Savers Have New IRS Contribution Limits in 2024
On Nov 1, the IRS announced, “The limit on annual contributions to an IRA increased to $7,000, up from $6,500,” for the 2024 tax year. The 401(k) limit also went up by $500 to $23,000.
That means Bitcoin investors who…
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Decentralized file sharing, explained
The importance of decentralization in file sharing Decentralized file sharing revolutionizes data access by eliminating dependence on centralized servers and utilizing P2P technology to…
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Blast network hits $400M TVL, rebuts claim that it’s too centralized
Web3 protocol Blast network has gained over $400 million in total value locked (TVL) in the four days since it was launched, according to data from blockchain analytics platform DeBank. But in a Nov. 23 social media thread, Polygon Labs…
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Hodler’s Digest, Nov. 19-25 – Cointelegraph Magazine
Top Stories This Week
US officials announce $4.3B settlement with Binance, plea deal with CZ
Binance and its co-founder, Changpeng “CZ” Zhao, have reached a settlement over criminal and civil cases with the United…
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BitMEX co-founder predicts Bitcoin surge amid dollar liquidity rise
BitMEX co-founder Arthur Hayes is bullish on Bitcoin (BTC). Hayes shared his thoughts on X Alongside a chart depicting net reverse repurchase agreement (RRP) and treasury general account (TGA) balance changes, Hayes referred to United…
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A conversation about spot Bitcoin ETFs and decentralized ETFs
As expectations grow that a spot Bitcoin exchange-traded fund (ETF) will be approved in the United States, it remains one of the hottest topics heading into 2024. In Episode 38 of Cointelegraph’s Hashing It Out, Elisha Owusu Akyaw talks…
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There’s More to the Story
The latest in a string of DeFi platforms to be exploited, Kyber Network was attacked earlier today, with over $46 million worth of funds stolen.
🚨Urgent🚨
Dear KyberSwap Elastic Users,We regret to inform you that…
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Blockchain devs expect complications from EU smart contract kill switch
The Data Act — a contentious piece of European Union legislation that includes a clause requiring the ability to terminate smart contracts — has been approved by the European Parliament. If introduced, the legislation will require a…
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Bitcoin (BTC) Price Reclaims Support
The Bitcoin (BTC) price reclaimed a support area after a brief decrease on November 16.
Currently, the price trades inside a neutral pattern above a critical horizontal support area. Will it break out?
Bitcoin Breaks Out from Long-Term…
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HTX to restore services ‘within 24 hours’ after $13.6M hack
Crypto exchange HTX, formerly known as Huobi Global, has said it will resume deposits and withdrawals within 24 hours after suffering a $13.6 million exploit on Nov. 22.In its announcement, the exchange promised to “fully compensate for…
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