Celo aims to revolutionize global payments by making crypto accessible through 
phone numbers and stablecoins.
The post Marek Olszewski: Celo simplifies crypto with phone numbers as identifiers, cheaper fees than Solana, and a focus on peer-to-peer payments | Bankless appeared first on Crypto Briefing.

Marek Olszewski: Celo simplifies crypto with phone numbers as identifiers, cheaper fees than Solana, and a focus on peer-to-peer payments | Bankless

Kulechov&#8217;s recent mansion purchase and his endorsement of the U.K. as a 
potential crypto hub signal his confidence in the future of DeFi.

Aave founder Stani Kulechov drops $30m on London mansion

Upcoming tax changes could complicate crypto reporting for millions of 
investors in 2025.
The post Laura Walter: Using privacy coins complicates tax audits, 2025 will be a challenging year for crypto reporting, and the IRS&#8217;s new wallet-by-wallet method reduces tax flexibility | Unchained appeared first on Crypto Briefing.

Laura Walter: Using privacy coins complicates tax audits, 2025 will be a challenging year for crypto reporting, and the IRS’s new wallet-by-wallet method reduces tax flexibility | Unchained

The market’s leading cryptocurrency, Bitcoin (BTC), slid to its lowest price 
level seen since November 2024 on Tuesday, falling below the $73,000 
threshold. The asset dropped to around $72,900 as growing concerns about a 
prolonged bear market continued to weigh on investor sentiment. Data from 
CoinGecko shows that BTC is down roughly 4% over the past 24 hours and about 
15% over the last seven days. Yet, the sell‑off has not been limited to 
Bitcoin. Other digital assets have also come under pressure, with Ethereum 
(ETH) losing 25% over the past week and XRP falling approximately 17% during 
the same period. Bitcoin May Drift Lower For Months Augustine Fan, a partner 
at Hong Kong‑based crypto options platform SignalPlus, said to Bloomberg that 
confidence among traders has sunk to extremely low levels, further 
contributing to the ongoing sell-off. He noted that volatility, which had been 
trending lower for nearly a year, has finally picked up as traders rushed to 
hedge their positions. According to Fan, markets are now firmly operating in 
bear‑market conditions. Related Reading: What’s Next For Bitcoin? Two Key 
Scenarios: Will It Crash To $60,000 Or Surge To $100,000? Some analysts warn 
that Bitcoin’s weakness could persist. Alex Thorn, head of research at Galaxy 
Digital, said recent price action suggests Bitcoin may continue to drift lower 
in the coming weeks or even months. He pointed to the 200‑week moving average 
(MA), currently near $58,000, as a potential downside target. He added that 
there is a noticeable supply gap between the $70,000 and $80,000 range, which 
could add to near‑term volatility. Bearish Bets Build Market analyst DarkFost 
observed that funding rates on the Binance platform have moved into what he 
described as an &#8220;extreme zone,&#8221; signaling a buildup of short positions and a 
growing bearish consensus among traders. Related Reading: Hyperliquid Unveils 
HIP‑4, Sending HYPE 14% Higher On Outcome Trading Plans Nonetheless, as of 
this writing, Bitcoin has briefly recovered from Tuesday&#8217;s lows, currently 
trading just above $75,000. From a technical perspective, DarkFost identified 
two key price levels now in focus for the leading cryptocurrency: resistance 
around $74,000 and support near $69,000. Featured image from DALL-E, chart 
from TradingView.com

Bitcoin Price Crashes Below $73,000, Hitting Lowest Level Since 2024

Bitcoin’s brief recovery collapsed as heavy selling drove prices below 
$73,000, erasing over $130 billion in market value and triggering $283 million 
in leveraged liquidations. Market Volatility and Price Decline Bitcoin’s 
attempt at a recovery following a red weekend proved short-lived as a fresh 
wave of selling pushed the cryptocurrency below the $73,000 mark. According 
[…]

Cryptocurrency price in ARS