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🔥🔥🔥Bitcoin reaches a new all-time high! 🔥🔥🔥
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Cryptocurrency Market Faces $700 Million in Liquidations in 24 Hours! The cryptocurrency market has experienced a staggering liquidation of over $700 million (R$ 4.3 billion) in the past 24 hours. According to data from CoinGlass, approximately 228,000 investors were affected, primarily those with long positions, which are futures contracts betting on the rise of assets. Most of the liquidations occurred due to a resurgence of risk aversion among investors, driven by fears of a new inflationary movement in the United States. President-elect Donald Trump announced economic measures that include tariffs on imported products, which could increase inflation and lead the Federal Reserve to cut interest rates less than expected. Among the most affected cryptocurrencies, ether led the liquidations, followed by bitcoin, Solana, and XRP. Bitcoin, which recently surpassed the $100,000 mark, fell to $95,000, reflecting the market's volatility. Exchanges Binance, OKX, and Bybit were the most impacted, with Binance accounting for nearly a third of the total investor losses. This event highlights the need for caution and risk management strategies in the cryptocurrency market, which continues to be highly volatile and sensitive to global economic changes.

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Thai Authorities Shut Down Bitcoin Mining Operation in Chonburi Thai authorities have shut down a Bitcoin mining operation in Chonburi. The operation was found to be stealing electricity worth hundreds of millions of baht. During the raid, authorities seized 996 mining machines, putting an end to the illegal activity. The authorities' swift action highlights the ongoing efforts to regulate and monitor cryptocurrency activities in the region, ensuring that such operations comply with legal and ethical standards. This move is expected to serve as a deterrent to other illegal mining operations in the country. The incident underscores the importance of adhering to legal frameworks in the rapidly evolving world of cryptocurrencies, where the potential for misuse and illegal activities remains a significant concern.

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There are two wallets associated with the US government! One is a general wallet containing BTC, ETH, USDT, and other cryptocurrencies. The second wallet is tagged with "SILK ROAD" and includes various confiscated assets.

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Mastercard Launches Crypto Credential in the United Arab Emirates and Kazakhstan. In an innovative initiative, Mastercard has launched the Crypto Credential in the United Arab Emirates and Kazakhstan, marking its debut in the Eastern Europe, Middle East, and Africa (EEMEA) region. This solution aims to simplify cryptocurrency transactions, allowing users to send and receive digital assets using simple aliases instead of complex blockchain addresses. Mastercard has formed strategic partnerships with several cryptocurrency exchanges, including CoinMENA, ATAIX Eurasia, and Intebix, as well as the digital asset infrastructure provider Fuze, to ensure that blockchain transactions are more secure and accessible for users in the region. The solution also incorporates verification standards, ensuring that transactions are conducted with high security and compliance. Gaurang Shah, Executive Vice President and Head of Payments at Mastercard in the EEMEA region, highlighted the importance of this new project: "We are focused on developing services that simplify transactions and increase trust in the ecosystem. By bringing the Mastercard Crypto Credential to the EEMEA region, we are fulfilling our vision of enhancing and instilling confidence in blockchain technology while transforming the way people interact with digital assets." With this expansion, Mastercard hopes to increase trust and certainty in cryptocurrency transactions, facilitating the mainstream adoption of digital assets in the region.

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Donald Trump Launches Collection on Ordinals! In a surprising move, former President Donald Trump has announced the launch of his own collection on the Ordinals platform. This new venture marks Trump's entry into the world of digital assets and blockchain technology. The collection, which includes a variety of digital items, is expected to attract significant attention from both his supporters and the broader digital community. Trump's decision to utilize the Ordinals platform highlights the growing trend of public figures embracing blockchain technology to engage with their audience in innovative ways. As the digital asset space continues to evolve, Trump's collection on Ordinals could set a precedent for other influential figures to explore similar opportunities. Stay tuned for more updates on this developing story.

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