🐷 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.
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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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🗞 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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🇧🇷 Brazil's Central Bank has proposed banning stablecoin withdrawals to self-custody wallets, with public consultation open until February 2025
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🪙 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 📈
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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.
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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.
📱@Money 📱Twitter
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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