DOGECOIN founder sold all of his coins in 2015 to buy Honda | Crypto beans on Binance Square

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DOGECOIN founder sold all of his coins in 2015 to buy Honda Civic.
Now $DOGE is worth more than the whole Honda Company.$DOGE 

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CRYPTO INDUSTRY TO HOST IT'S OWN INAUGURAL BALL FOR PRESIDENT TRUMP ON JANUARY 17! The crypto industry is indeed hosting its own inaugural ball for President Trump on January 17. This exclusive event, dubbed the Crypto Ball, will take place at the Andrew W. Mellon Auditorium in Washington, D.C., and will feature a black-tie attire, cocktails, and hors d'oeuvres. Tickets for the event are priced at a whopping $2,500 each, indicating the high-profile nature of the gathering. The Crypto Ball is being organized by BTC Inc. and Stand With Crypto, and is seen as an opportunity for the crypto industry to connect with the incoming administration. Notably, several major crypto players, including Coinbase, Kraken, and Ripple, have made significant donations to Trump's inauguration fund, with Ripple contributing a staggering $5 million in XRP. This demonstrates the crypto industry's growing influence and its desire to build relationships with key policymakers.#TrumpCryptoSupport

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CHINA CONTINUES TO TIGHTEN CRYPTO REGULATIONS: DO OTHERS COUNTRIES TAKE NOTE? China's strict crypto regulations have been making headlines, and other countries are indeed taking note. While China has banned crypto exchanges, trading, and mining, other nations are adopting a more nuanced approach. Global Regulatory Trends: The European Union has introduced the Markets in Crypto-Assets Regulation (MiCA), providing a comprehensive framework for crypto regulation. The United States is also working on federal-level regulations, with President Joe Biden announcing a "whole-of-government" approach to crypto regulation. Australia has established a relatively advanced regulatory framework, requiring crypto exchanges to register with the Australian Transaction Reports and Analysis Centre (AUSTRAC). Japan has recognized crypto as a type of money and legal property, with the Financial Services Agency managing crypto and yen transactions. The United Kingdom is building rules for the crypto sector, mandating authorization for companies offering digital currencies. International Cooperation: The International Organization of Securities Commissions (IOSCO) has laid out 18 recommendations for global rules on managing crypto and digital assets. The World Economic Forum is also promoting international alignment on cryptocurrency rules, emphasizing the need for a global approach to maximize benefits and manage risks. It's clear that countries are learning from each other's approaches to crypto regulation, and international cooperation is on the rise. As the crypto landscape continues to evolve, we can expect to see more nuanced and effective regulatory frameworks emerge.

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HOW WILL THE CRYPTO MARKET REACT WHEN TRUMP AND ELON MUSK EVENTUALLY BREAK UP? The potential breakup between Trump and Elon Musk is expected to send the crypto market into a whirlwind. With their differing views on trade policies and Tesla's reliance on China, a collision course is inevitable. This split would create uncertainty, and investors don't like uncertainty. Key Impacts on the Crypto Market: Volatility: Crypto prices will likely swing wildly, with Bitcoin, Ethereum, and Dogecoin feeling the heat as traders scramble to make sense of the fallout. Investor Confidence: Elon's influence on the crypto market is significant, and his departure from Trump's administration could devastate investors expecting a strong crypto run. Market Movers: Both Trump and Elon are market movers, and their split would create chaos in the crypto market. It's essential to note that Elon has already distanced himself from promoting crypto, warning about scams and fake endorsements. However, his influence remains significant, and his breakup with Trump would undoubtedly have far-reaching consequences for the crypto market.

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SHIBARIUM MIGHT HIT FIRST MAJOR MILESTONE OF 2025 IN DAYS: Shibarium is on the cusp of achieving a significant milestone, with its daily average transactions reaching 4.77 million, just 300,000 shy of the 5 million mark. This impressive growth is a testament to the strong user engagement within the Shiba Inu community. As Shibarium approaches its first anniversary, it's also nearing another milestone: reaching 6 million blocks. The total transactions on Shibarium have surpassed 735 million, with the protocol's block production increasing from 8.46 million to 8.7 million in December. These growth figures suggest a positive momentum for the Shiba Inu ecosystem, which may translate to a better performance in the coming weeks. Analysts predict that Shibarium may reach 10 million daily transactions before the end of the first quarter of 2025, relying on its current performance. With the community's enthusiasm and the protocol's growing adoption, Shibarium is poised to achieve significant milestones in the near future.follpw @Crypto beans for more information on this.

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SATOSHI NAKAMOTO LAUNCHED BITCOIN THIS DATE 16 YEARS AGO! On January 3, 2009, Satoshi Nakamoto launched the Bitcoin network by creating the first block in the blockchain, known as the Genesis Block. This marked the beginning of the Bitcoin experiment, which has since grown into a global phenomenon. Satoshi Nakamoto's true identity remains unknown, but their vision for a decentralized, peer-to-peer electronic cash system has had a profound impact on the world of finance and beyond.

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