🔥Bullish: A member of the Hong Kong Legislative Council proposed increasing Bitcoin's national reserves to enhance financial stability and attract investment using the 'one country, two systems' framework.
The MiCA regulation raises questions about the future of $USDT in the EU.
Stablecoins must meet strict 1:1 backing rules, transparency standards, and licensing requirements, or they may face restrictions.
Monthly trading volume on decentralized exchanges reached a record $326 billion, surpassing previous highs.
As BTC gradually fades before the end of the year, Bitcoin's greed sentiment has dropped to October levels.
Bitcoin has fallen 13.7% in the past 12 days, leading the cryptocurrency fear and greed index to hit its lowest point since October 15.
The number of long-term holders of Ethereum is rising, while the number of Bitcoin holders is declining.
According to data from IntoTheBlock, the total proportion of long-term ETH holders has increased from 59% in January to 75% by the end of 2024.
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