Russian citizens have increased their crypto trading activity, with traffic from Russia to cryptocurrency exchanges rising by 56.5% since March, according to a report by the Bank of Russia.
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Coinbase will end USDC rewards for holders in the European Economic Area (EEA) on December 1, with rewards accruing until November 30. The decision is due to the upcoming Markets in Crypto-Assets (MiCA) regulation.
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Japan's Web3 and crypto policy department has been reorganized, indicating continued government support for the industry's growth and development 🏛🇯🇵
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🇺🇸 The FOMC's consideration of a 5-basis point reduction in the RRP award rate aims to incentivize outflows from the RRP and bolster bank reserves, ensuring liquidity in the financial system 📈
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🗞 November 28, 2024 cryptocurrency news highlights
【Cryptocurrency】
Hong Kong plans to exempt private equity funds, hedge funds and the investment vehicles of the super-rich from paying tax on gains from cryptocurrencies, private credit investments and other assets, as it seeks to become a top offshore finance hub.
【Economy】
🇨🇦 Vancouver’s mayor proposes a motion to safeguard the city's purchasing power—by embracing Bitcoin 🙌
【Indicators】
Yesterday, Fidelity's FBTC saw a net inflow of $40.2 million, while BITB had a net inflow of $48.0 million.🕯
【More】
Report: Bull Market Far From Over, Bitcoin Expected to Rise to $146,000 in This Cycle💰
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Bitcoin Falls Below $95,000
Bitcoin has dropped below $95,000, now priced at $94,665, with a 24-hour gain narrowed to 1.35%.
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November stablecoin trading volume on centralized exchanges (CEX) surpassed $1.8tr, with Tether (USDT) accounting for 70%.
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Yesterday, Fidelity's FBTC saw a net inflow of $40.2 million, while BITB had a net inflow of $48.0 million.🕯
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🕯 Despite a potential 20-30% correction, 💰 BTC's long-term outlook remains bullish due to ETF inflows and institutional adoption
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Moody’s upgrades El Salvador’s sovereign debt rating to B3 with a stable outlook 👀
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Matrixport: $89,000 to $90,000 is the key support, BTC is expected to once again retain the title of the best asset of the year
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HISTORY: 🟠 November 11, 2024, was the biggest daily gain in Bitcoin history 🚀
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Stablecoins hit a record $190bn market cap, a 46% rise this year, regaining ground lost from the collapse of TerraUSD in 2022.
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NEW: 🇨🇳 Shares of Chinese # Bitcoin miner SOS Ltd. surge 40%+ after announcing purchase of $50M worth of Bitcoin as a store of value 🔥The company will deploy trading strategies to maximize returns and hedge against market volatility.
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North Korean hackers' intensified crypto scams, targeting IT firms, pose a significant threat to the industry, necessitating enhanced cybersecurity measures 🇰🇵💻🤔
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🇨🇦 Vancouver’s mayor proposes a motion to safeguard the city's purchasing power—by embracing Bitcoin 🙌
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Hong Kong plans to exempt private equity funds, hedge funds and the investment vehicles of the super-rich from paying tax on gains from cryptocurrencies, private credit investments and other assets, as it seeks to become a top offshore finance hub.
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Report: Bull Market Far From Over, Bitcoin Expected to Rise to $146,000 in This Cycle💰
➡️ Read Here
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Yesterday, Grayscale 🔹 ETH saw a net inflow of $37.3 million, while Grayscale 💰 BTC saw a net inflow of $12 million
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Samson Mow explains how Bitcoin is massively undervalued and why Bitcoin will hit $1 MILLION soon.🚀
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🗞 November 27, 2024 cryptocurrency news highlights
【Cryptocurrency】
Matrixport: $89,000 to $90,000 is the key support, BTC is expected to once again retain the title of the best asset of the year
【Economy】
🇧🇷 Brazil's Chamber of Deputies has introduced a bill to create a 💰Strategic Sovereign Bitcoin Reserve (RESBit) to diversify financial assets and boost economic resilience
【Indicators】
Bitcoin dominance recently surged to a new 3.5-year high of 60.59% as Bitcoin was approaching it's all-time high 💪
【More】
OKG Research reports that just 0.01% of global listed companies currently hold Bitcoin, with an estimated $2.28tr in potential inflows over the next year.
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OKG Research reports that just 0.01% of global listed companies currently hold Bitcoin, with an estimated $2.28tr in potential inflows over the next year.
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USDe Supply Surpasses 4 Billion Tokens, Reaching an All-Time High🔼
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