๐ฐ What you need to know this Thursday, January 2
๐ Bitcoin opens 2025 staying above $93,000
BTC closed 2024 staying above the 93k mark, setting a new benchmark for the important dates of the year ahead.
๐ฌ๐ง The FCA's intention to regulate illegal crypto ads in the UK faces obstacles.
The FCA's crackdown on illegal crypto ads is facing hurdles, with limited enforcement and no penalties; UK regulations are expected to be finalized by 2026.
๐๏ธ Elon Musk changes his name again on X and causes a drop in the price of Kekius Maximus
Elon Musk's brief stint as โKekius Maximusโ on X triggered a memecoin rally, demonstrating his ongoing influence in the cryptocurrency markets.
๐พ Tokens and scams rise following the launch of Netflix's season 2 of โSquid Gameโ
Crypto scams themed around โSquid Game,โ such as rug pulls, saw a resurgence after the release of the 2nd season.
โ ๏ธ In the last 24 hours, 68,798 traders were liquidated, and the total liquidations reached $180.73 million.
The largest individual liquidation order occurred on Binance - ETHUSDT for a value of $3.06M.
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