Leonardo DiCaprio stays under the radar while hitting Miami’s VIP party scene during Art Basel

nypostPublished on 2025-12-08Last updated on 2025-12-08

‘World’s Smartest Man’ Says Bitcoin Will Replace the Dollar Next Year — How High Would 1 BTC Need to Go?

"The self-proclaimed 'world’s smartest man,' Younghoon Kim, has predicted that Bitcoin will replace the U.S. dollar as the world’s dominant currency as early as next year. This claim, part of a series of increasingly bullish forecasts from Kim, has been met with skepticism from many analysts who consider it implausible. Kim, who claims an IQ of 276, also recently stated that Bitcoin’s current price is a 'temporary discount' due to market manipulation and could surge to $220,000 within 45 days. Reactions are divided, with supporters pointing to adoption trends and institutional inflows, while critics dismiss the prediction as unrealistic. Economists argue that replacing the dollar would require seismic shifts in global trade. One analysis suggests that for Bitcoin to match the purchasing power of G20 M1 money (approximately $31 trillion), its price would need to reach around $1.5 million per coin."

ccn.comHace 2 min(s)

‘World’s Smartest Man’ Says Bitcoin Will Replace the Dollar Next Year — How High Would 1 BTC Need to Go?

ccn.comHace 2 min(s)

HashKey crypto exchange opens Hong Kong IPO subscription, targets $215M

HashKey Group, operator of one of Hong Kong’s licensed cryptocurrency exchanges, has opened subscriptions for its initial public offering (IPO), aiming to raise up to HK$1.67 billion ($214.7 million). The IPO is scheduled to debut on December 17 on the Hong Kong Stock Exchange (HKEX). The company is offering 240.6 million shares priced between $0.76 and $0.89 each, which could value HashKey at $2.46 billion at the upper end of the range. Founded in 2018, HashKey has become Hong Kong’s largest crypto exchange, capturing an estimated 75% market share. As of September 30, it had facilitated $167 billion in cumulative spot trading volume. The exchange offers a range of services including spot trading, OTC, staking, and tokenization, and also operates an Ethereum layer-2 network called HashKey Chain. The IPO is backed by prominent sponsors such as JPMorgan and Guotai Junan. Proceeds will be used to expand ecosystem infrastructure, enhance risk management, and support talent acquisition. The offering comes amid a significant increase in IPO activity in Hong Kong, with HKEX reporting a 209% year-on-year rise in funds raised in 2025.

cointelegraphHace 4 min(s)

HashKey crypto exchange opens Hong Kong IPO subscription, targets $215M

cointelegraphHace 4 min(s)

Coinbase Is Back In India—And It Wants 30% Crypto Tax Reconsidered

Coinbase has resumed cryptocurrency trading services in India after a two-year absence, following its registration with India’s Financial Intelligence Unit. The exchange initially entered India in 2022 but suspended services in 2023 after losing access to the Unified Payments Interface (UPI), which halted fiat deposits. Users can currently only trade crypto-to-crypto, but fiat on-ramps using Indian Rupees are planned for 2026. Coinbase is advocating for a reconsideration of India’s strict crypto tax policies, which include a 30% tax on profits and a 1% TDS on all transactions. The company has also invested in local exchange CoinDCX, signaling a long-term commitment to the Indian market.

bitcoinistHace 33 min(s)

Coinbase Is Back In India—And It Wants 30% Crypto Tax Reconsidered

bitcoinistHace 33 min(s)

Bitwise: My Highest Conviction Investment in Crypto

Author Matt Hougan, with eight years in crypto, expresses skepticism towards those who claim certainty about which blockchain (e.g., Ethereum, Solana, Bitcoin) will dominate. He believes the future of crypto remains highly uncertain, influenced by regulation, execution, macro conditions, and luck. Instead of betting on individual assets, Hougan invests broadly using a market-cap-weighted crypto index fund. His core conviction is that crypto as a whole will grow 10-20x in importance over the next decade, driven by stablecoins, tokenization, DeFi, and new use cases. He cites a prediction that all U.S. equities could move on-chain, representing massive growth potential. By diversifying, he captures the sector’s upside while avoiding the risk of picking the wrong chain. He recommends index funds as a sound strategy for many investors.

深潮Hace 54 min(s)

Bitwise: My Highest Conviction Investment in Crypto

深潮Hace 54 min(s)

Vitalik Buterin Says Ethereum’s P2P Problem Is Finally Being Solved After ‘Years of Complaining’

Vitalik Buterin acknowledges that Ethereum's long-standing peer-to-peer (P2P) networking issues are finally being addressed after years of internal complaints. He admits the Ethereum Foundation previously prioritized scaling and consensus research over P2P improvements, leading to network inefficiencies like propagation delays and node staleness. Buterin highlights PeerDAS (Peer Data Availability Sampling) as a major solution, which enhances data availability and network performance by efficiently distributing blob samples across the network using existing gossip protocols. This upgrade, part of the recent Fusaka hard fork, reduces bandwidth requirements for nodes while maintaining decentralization, marking a significant step in closing Ethereum's technical gaps.

ccn.comHace 59 min(s)