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#BTC Bitcoin's price has rallied back towards the $55,000 level, now sitting around $54,700. This leaves it around 21% away from its November 2021 all-time high of $69,000. Bitcoin dominated recent inflows with $570 million last week, bringing its 2023 year-to-date total to $5.6 billion. A Texas judge has temporarily halted a Department of Energy survey of crypto miners' electricity usage after a lawsuit alleged the emergency data collection lacked proper justification. The judge agreed that the facts did not seem to warrant invoking special emergency procedures that bypass normal review processes. Aleo, a platform dedicated to enhancing privacy in the crypto space through zero-knowledge (ZK) cryptography, faced scrutiny from its users following a leak of Know Your Customer (KYC) documents. Reports surfaced on social media platform X (formerly Twitter) about users receiving KYC documents intended for others.
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#BTC Despite having been known to hold "anti-crypto" views, Senator Elizabeth Warren just signed a certificate praising Bitcoin's creator, Satoshi Nakamoto. The ceremony honored Bitcoin's 15th anniversary by flying a flag over the US Capitol calling and Satoshi's efforts at creating a "truly inclusive financial system." Did she just do a 180-degree turn to support crypto? In regulatory news, the SEC just slapped a $1.75 million fine on spot Bitcoin ETF issuer VanEck for keeping an influencer deal secret back in 2021. The firm neither admitted nor denied the allegations, but agreed to settle the fine. On the tech side, Tron has announced progress in developing a Bitcoin L2 solution, aiming to improve interoperability between Bitcoin and the Tron network, while also supporting growth in DeFi and Ordinals.
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#SEC他将与申请ETF的公司举行会议。 January 2024. This eventful month marked a historic milestone for the crypto industry, with the U.S. SEC approving spot Bitcoin ETFs. The report also probes deeper, exploring key trends and metrics from 2023, offering insightful analysis into top-performing tokens, leading crypto exchanges, DeFi protocols, Layer-1 and Layer-2 networks, NFTs, and more.
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#BTC; #ETH President Nayib Bukele has secured another 5-year term leading El Salvador according to exit polls, garnering over 85% of votes cast. His administration pioneered Bitcoin's recognition as a legal tender in 2021. Ethereum Name Service (ENS) has partnered with GoDaddy, the world's largest domain name registrar, to allow users to link their traditional domain names to blockchain-based ENS addresses. Users can now connect their .com or other standard domains to an ENS-compatible crypto wallet with no additional costs or technical expertise required. The former Chief Financial Officer of Terraform Labs, Han Chang-joon, has been extradited from Montenegro to South Korea to face criminal charges. Han was arrested last March along with Terra co-founder Do Kwon for traveling on falsified documents
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#BTC According to a new report by ARK Invest, if Bitcoin captures a 19.4% share of global investable assets, its price could reach an astounding $2.3 million per coin. While an allocation of this size may seem ambitious, even smaller allocations of just 1-5% of portfolios could boost Bitcoin's price to between $120,000-$550,000. Conversely, a proposed US consumer protection rule around digital payments faces pushback for possibly hindering crypto's peer-to-peer capacities. Though intended to shield consumers, broad applications could introduce risks for users relying on non-custodial wallets. Lawmakers trying to provide crypto with more consideration are requesting more time and clarity from regulators to properly assess the impact of the rule, given how complex its frameworks appear to be. The Biden administration is launching an emergency survey requesting mining companies to provide granular data about their energy use and operations. The required data ranges from installed hardware specifications to electric utility providers. While claiming to focus on analyzing industry emission trajectories, the initiative pressures miners towards transparency through mandatory participation, rather than voluntary disclosures.
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