🚨🚨 Bitcoin retakes the $99,000 zone on Christmas Eve. | Bitcoin.com on Binance Square

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🚨🚨 Bitcoin retakes the $99,000 zone on Christmas Eve.

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Italy’s Economy Minister warns: dollar-based stablecoins pose a greater threat to the euro’s standing than trade disputes! The EU must act fast to maintain its financial dominance. At a Milan event, Giorgetti highlighted the growing appeal of dollar-pegged stablecoins in cross-border payments, emphasizing the urgency of a strong EU response. Meanwhile, the U.S. is advancing stablecoin laws that critics say extend dollar hegemony. To counter this shift, the European Central Bank is developing the digital euro, aiming to safeguard fiat currencies and offer a compelling alternative. But banks fear liquidity risks from ECB-backed digital wallets. 🏦🔄 Is the digital euro enough to keep the euro competitive? Or will stablecoins reshape global finance? Drop your thoughts below!

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A Chinese court has just thrown the hammer down on crypto scammers 👊 Targeting over 66,000 🇮🇳 investors, a ring of 🇨🇳 fraudsters raked in $6M using fake romance, promises of 15% monthly returns, and a phony investment app. They didn’t just scam—they built entire fake lives, complete with chat apps and personas to gain trust. Now? They're behind bars for up to 14 years. This is one of the biggest India-China crypto crackdowns yet. Authorities say this isn't over—more schemes like this are still out there. We’ve seen romance scams, pump-and-dumps, now cross-border psyops? Is this what crypto crime has become? Are we watching the rise of a new global digital war on fraud?

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Why are Democrats still picking a fight with crypto? - Dem senators slam DOJ for scaling back crypto crime unit - Claim it's enabling money laundering & sanctions evasion - Say it could be linked to Trump family crypto ties @_dsencil & @graminitha1 deba

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The decentralized finance industry is shifting! For the first time, decentralized apps (dapps) are generating more revenue than the blockchains that support them. 📈 A report from Milk Road reveals that dapps earned $1.8 billion in Q1 2024, compared to $1.4 billion for blockchains. This raises questions about the sustainability of blockchains without the value dapps provide. As users engage with dapps to trade, play, and socialize, we may see more dapps launching their own chains to capture fees and enhance their ecosystems. Uniswap has already taken this step, aiming to improve user experience with faster block times and lower fees. Milk Road predicts this trend will continue, stating, "More apps will launch their own chains... it's not just smart, it's inevitable." What are your thoughts on this evolution in DeFi? Let us know! 💬

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Markets may be past peak policy uncertainty, but the climb remains rocky, says Nansen. BTC and tech stocks favored as quality assets, while gold hedges geopolitical risks. 📈⚠️ - U.S. tariff pragmatism eases fears, but sectoral risks and China talks linger. - Foreign capital shifts as Treasury demand weakens and the dollar falls. - Nansen recommends BTC, discounted tech, and pharma stocks amid volatility.

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