Nearly 20,000 Bitcoin Shuffled by US Government Amid Talk of Strategic Reserve 💰
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🗞 December 2, 2024 cryptocurrency news highlights
【Cryptocurrency】
XRP became the 3rd largest cryptocurrency, surpassing Solana and USDT, as its price soared to $2.49 and market cap to $142bn, returning to pre-SEC lawsuit levels.
【Economy】
🇧🇹 The amount of Bitcoin Bhutan has mined using renewable energy is equal to one-third of the country’s GDP 🙌
【Indicators】
Bitcoin balance on exchanges hit an all-time low of 2.27m BTC since December 3, 2023. Bitcoin is usually taken off exchanges for long-term holding.
【More】
Ava Labs Founder: Avalanche is Currently in Negotiations with the New US Government and Will Develop a Plan Accordingly🔴
MicroStrategy Boosts Its Bitcoin Holdings by About $1.5 Billion to 15,400 BTC
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MicroStrategy Boosts Its Bitcoin Holdings by About $1.5 Billion to 15,400 BTC
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Bitcoin Falls Below $96,000
Bitcoin has dropped below $96,000, currently trading at $95,837, a 24-hour decrease of 0.63%.
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WSJ: Once Trump Returns to the White House, SEC May Ease Legal Battle on Crypto CEX👀
➡️ Read Here
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Bitcoin has surpassed $98,000, now trading at $98,011, a 24-hour increase of 1.68%.💰📈
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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.
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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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🪙 XRP has surged over 50% in the past 24 hours, pushing its market cap beyond $160 billion 📈
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🇧🇹 The amount of Bitcoin Bhutan has mined using renewable energy is equal to one-third of the country’s GDP 🙌
📱@Money 📱Twitter
Bitcoin balance on exchanges hit an all-time low of 2.27m BTC since December 3, 2023. Bitcoin is usually taken off exchanges for long-term holding.
📱@Money 📱Twitter
XRP became the 3rd largest cryptocurrency, surpassing Solana and USDT, as its price soared to $2.49 and market cap to $142bn, returning to pre-SEC lawsuit levels.
📱@Money 📱Twitter
Ava Labs Founder: Avalanche is Currently in Negotiations with the New US Government and Will Develop a Plan Accordingly🔴
📱@Money 📱Twitter
Bitwise CEO: In a Bull Market, Project Teams and Liquidity Providers Should Shift Mindset to Pursue Higher Market Caps 🐂
📱@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,”
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🗞 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 👨⚖️
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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 🚨
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The total market value of stablecoins is now reported to be 192.7 billion US dollars, continuing to set a record high ✨
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Yesterday's BlackRock IBIT Net Inflow was $1.361 billion & BlackRock ETHA Net Inflow was $2.524 billion🕯
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