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Trump to meet Coinbase CEO

Trump and Coinbase CEO Brian Armstrong will meet to discuss personnel, amid Armstrong’s financial support for pro-crypto initiatives and Trump’s plan for a crypto advisory council.

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Bitcoin new ATH

Bitcoin surpassed the $93,200 per coin mark.

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Mercado Bitcoin launches a stablecoin for Latin America

The largest digital asset marketplace in Latin America has launched the $MBRL stablecoin on the TRON network. $MBRL will be integrated into blockchain wallets, DeFi platforms, etc.

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Michael Saylor will present a three-minute Bitcoin investment pitch to Microsoft directors during their meeting on December 10th to discuss Bitcoin as an inflation hedge.

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20% cryptocurrency tax in Korea

The Democratic Party of South Korea will enforce a 20% tax on cryptocurrency from January 2025.

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✋ FTX: Chief engineer avoids prison He was spared prison time and sentenced to three years of supervised release by a Manhattan federal judge due to his limited role in FTX’s collapse and significant cooperation with the government. He must also forfeit around…

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FTX: Another chief avoids prison

The last of FTX’s executives, Gary Wang, was spared prison time by US District Judge Lewis Kaplan. "Wang’s cooperation was exemplary" — Kaplan said.

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Successful Investment

Following recent major investments in Bitcoin, Microstrategy has entered the Top 100 publicly traded US companies after BTC reached the $94,000 mark.

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BTC hits 97,750

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Bhutan — the new crypto nation?

Bhutan’s crypto holdings exceed $1.1 billion, over a third of its GDP. This is the result of rising BTC price and a deliberate strategy to increase crypto assets.

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Read more.

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Justin Sun bought Maurizio Cattelan’s artwork, "Comedian", for $6.2 million in crypto at a Sotheby’s auction in New York.

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Gary Gensler steps down as SEC Chair

On January 20, 2025, Gary Gensler will resign from his position as SEC Chair. We have detailed potential candidate here.

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Bitcoin: new day, new records

Yesterday, the “Bitcoin Industrial Complex” trading volumes reached a record $70 billion, exceeding the previous $55 billion record, coinciding with Bitcoin’s all-time high.

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Etherium faces ATH?

Despite a $1.3B whale sell-off, ETH is poised to break above $3,700 due to a developing bull flag, say market analysts.

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The UK Labour government plans to introduce a cryptocurrency regulatory framework in early 2025 to enhance oversight of key areas like stablecoins and staking, joining a global effort to regulate the industry.

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North Korean hackers and the notorious ETH theft

South Korean authorities confirmed that North Korean hacker groups Lazarus and Andariel were behind the 2019 Upbit hack, resulting in the theft of 342,000 Ether valued at $50M then, now worth over $1.1B.

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Analysis: How could the FTX bankruptcy process affect the market?

Key points:

• FTX transferred RAY tokens worth over $11 million and SOL tokens valued under $5 million to Binance.

• FTX retains 6.46 million RAY tokens, valued at $38.73 million.

• The speed of FTX’s asset liquidation remains uncertain, with potential market effects depending on whether the RAY tokens are released gradually or all at once.

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Binance sets new record with $8.73B inflows

Binance crypto exchange reported $8.73 billion in inflows last month, boosting its total assets to nearly $154.9 billion.

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TON is also on the rise

Toncoin surged by 15% in 24 hours, breaking the $6.2 mark for the first time since Pavel Durov’s arrest.

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Justin Sun bought Maurizio Cattelan’s artwork, "Comedian", for $6.2 million in crypto at a Sotheby’s auction in New York. @just 📰

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The crypto banana will be eaten

Cryptocurrency entrepreneur Justin Sun plans to eat a banana taped to a wall, an artwork he bought for $6.24 million at Sotheby’s auction in New York.

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