๐ Crypto Market Update - Dec 2024 ๐
๐น Bitcoin: Trading between $56K-$63K, with new options on BlackRockโs spot ETF expected to boost investor interest
๐น Regulations:
Australia: ASIC plans mandatory licensing for crypto companies by mid-2025.
EU: MiCA regulations enforce strict stablecoin standards, Coinbase delisting non-compliant assets by Dec 30.
๐น New Listings: Robinhood adds Solana (SOL), Cardano (ADA), XRP, and Pepe to its platform for U.S. users.
๐น Political Shift: U.S. crypto-friendly policies anticipated after Trumpโs election, including a potential Bitcoin reserve.
Stay informed, trade smart! ๐๐