The challenge of generating positive Bitcoin-denominated profits will transform institutional investing, as Bitcoin becomes increasingly scarce over time.💪
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🗞 December 1, 2024 cryptocurrency news highlights
【Cryptocurrency】
Japan Considers New Legislation For Cryptocurrency Intermediaries
【Economy】
South Korea delays cryptocurrency tax again until 2027 ⌚️
【Indicators】
🐷 Long-term Bitcoin holders have sold 507K BTC since September, just over half of the 934K BTC sold during the March 2024 rally
【More】
Bitcoin's average price has historically shown significant gains in December following each halving event. Therefore, this month's returns are still worth looking forward to.
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South Korea delays cryptocurrency tax again until 2027 ⌚️
Initially, South Korea planned to impose a 20% tax on cryptocurrency gains (22% as local tax), which was originally scheduled to take effect on January 1, 2022. Following today's press conference, the tax has been postponed again until 2027.
📱@Money 📱Twitter
Bitcoin dropped below $96,000, with a 0.66% decrease in the last 24 hours.📉
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Ether Soars Past $3,700 —Breakthrough Leads to Derivatives Shake-Up 🚀
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🐷 Long-term Bitcoin holders have sold 507K BTC since September, just over half of the 934K BTC sold during the March 2024 rally
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US scholar: White House's promotion of Bitcoin may shake people's trust in the US dollar as the global reserve currency 🇺🇸
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The U.S. SEC sued Touzi Capital and its CEO for $115 million in crypto mining fraud 👨⚖️
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💰 US spot Ethereum ETF had a net inflow of US$332.9 million yesterday
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Since its launch, Pump. fun has accumulated a total fee income of $368 million, with over 4 million tokens deployed.💊
➡️ Read Here
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Pump·fun has experienced a sharp drop in daily revenue after banning live streaming ⛔️
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🗞 November 29, 2024 cryptocurrency news highlights
【Cryptocurrency】
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.
【Economy】
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.
Japan's Web3 and crypto policy department has been reorganized, indicating continued government support for the industry's growth and development 🏛🇯🇵
【Indicators】
Stablecoins hit a record $190bn market cap, a 46% rise this year, regaining ground lost from the collapse of TerraUSD in 2022.
【More】
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.
📱@Money 📱Twitter
Stablecoins hit a record $190bn market cap, a 46% rise this year, regaining ground lost from the collapse of TerraUSD in 2022.
📱@Money 📱Twitter
Bitcoin's average price has historically shown significant gains in December following each halving event. Therefore, this month's returns are still worth looking forward to.
📱@Money 📱Twitter
Michael Saylor: 60 Public Companies Can Now Buy Bitcoin Through Stock Issuance📣
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Cardano founder Charles Hoskinson Predicts Bitcoin Could Hit $500K in 2 Years, Likening It to Gold for the Internet 💡📈
“It is my belief that Bitcoin is going to go to $250,000 to $500,000 within the next 12 to 24 months because of the investment inflows and the great interest that has been achieved,”
📱@Money 📱Twitter
🗞 November 30, 2024 cryptocurrency news highlights
【Cryptocurrency】
Chinese gaming giant Boyaa Interactive overtakes Japan's Metaplanet as Asia's largest corporate Bitcoin holder 🇯🇵
【Economy】
Brazil's Central Bank has proposed banning stablecoin withdrawals to self-custody wallets, with public consultation open until February 2025 🇧🇷
【Indicators】
US scholar: White House's promotion of Bitcoin may shake people's trust in the US dollar as the global reserve currency 🇺🇸
【More】
The U.S. SEC sued Touzi Capital and its CEO for $115 million in crypto mining fraud 👨⚖️
📱@Money 📱Twitter
Musk was almost attacked twice in the past 10 months. DogeDesigner said that Musk spent $44 billion to acquire Twitter (now renamed X) to defend freedom of speech and even risk his life 🚨
📱@Money 📱Twitter
The total market value of stablecoins is now reported to be 192.7 billion US dollars, continuing to set a record high ✨
📱@Money 📱Twitter
Yesterday's BlackRock IBIT Net Inflow was $1.361 billion & BlackRock ETHA Net Inflow was $2.524 billion🕯
📱@Money 📱Twitter
🇧🇷 Brazil's Central Bank has proposed banning stablecoin withdrawals to self-custody wallets, with public consultation open until February 2025
📱@Money 📱Twitter
🪙 XRP has surged 16.4% in the last 24 hours, reaching $1.72 and becoming the fifth-largest cryptocurrency by market capitalization, with bullish trends across all timeframes 📈
📱@Money 📱Twitter
Chinese gaming giant Boyaa Interactive overtakes 🇯🇵 Japan's Metaplanet as Asia's largest corporate Bitcoin holder after converting 💵 $49.5M worth of Ethereum into BTC.
📱@Money 📱Twitter
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.
📱@Money 📱Twitter
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.
📱@Money 📱Twitter