Daily Cryptocurrency Updates (2024-12-17)

1. Bitcoin to gold ratio hits an all-time high: 1 BTC = 40 ounces of gold.

2. MicroStrategy earned a net profit of $1.54 billion last week through share sales.

3. MicroStrategy spent about $1.5 billion to acquire an additional 15,350 bitcoins.

4. Bitfinex reports: This crypto bull market is expected to peak around Q3 or Q4 of 2025.

5. Security company: There has been a significant increase in password theft attacks targeting crypto wallets, especially against Apple macOS users.

6. Hong Kong commits to implementing a crypto asset declaration framework, aiming to complete the necessary local legislative amendments by 2026 or earlier.

7. Hong Kong media: Chinese investors are flocking to Ethiopia for cryptocurrency mining, with Bitmain participating.

8. EY Global Blockchain Leader: The blockchain industry will experience an accelerated revolution and brighter prospects in 2025.

9. UK's FCA releases a plan for transparency in the crypto market, calling for industry feedback.

10. The chairman of the South Korean Stock Exchange calls for the institutionalization of cryptocurrency to gain an international competitive advantage.

11. Ripple will launch its stablecoin RLUSD on December 17, followed by monthly verifications.

12. The U.S. SEC has issued a Wells notice to crypto investment firm Unicoin.