German Bundestag member Joana Cotar called on the German government to stop Bitcoin sales and keep Bitcoin as a reserve currency. Cotar supports the recognition of #Bitcoin as legal tender and its integration into Germany's mainstream financial system. It also aims to inform MPs about the benefits of Bitcoin by launching an educational initiative called “#Bitcoin im Bundestag”.

While Cotar's approach emphasizes the liberal and privacy-oriented nature of Bitcoin, it also states that a regulatory balance must be maintained. This initiative stands out as a stance against the European Central Bank's (ECB) digital euro project.

Cotar argues that Bitcoin's decentralized nature makes it a more suitable digital asset for Germany and suggests that Bitcoin mining could be used to stabilize the energy grid.

Get ready for $EPX

The US Treasury will impose #kripto taxes in 2025, which will delay rules for non-custodians.
#IRS will not require #stablecoin sales reports and will set a #NFT revenue reporting threshold of $600 per year

#SEC , #EthereumEFT returned to the applicant issuers to reconsider their forms and resolve certain issues.
This means issuers must edit and resubmit their applications. #SEC's provision of such feedback is a standard procedure to ensure that issuers' applications are complete and accurate.
This process requires issuers to resubmit their applications by making the necessary adjustments.

It announced that it will stop printing #USDT on the #Tether , #EOS and #ALGOUSDT networks as of today.

This change is seen as part of #Tether's strategy to use its resources more efficiently and respond better to market demands.

Time will tell what effects this decision of#Tetherwill have on the users of the relevant networks.

The difference of 3.2 billion units between the circulating supply and the total supply of #USTC has been removed from circulation because it is inactive. Among these 3.2 billion units, there are also USTCs belonging to the #Luna Foundation.
This situation shows that a certain part of the supply is not actively used in the market and is withdrawn from circulation for various reasons.
The fact that a large part of the difference between the circulating supply and the total supply of #USTC is inactive and is held by a significant asset such as the Luna Foundation can affect the market dynamics in various ways. I can summarize the possible effects of this situation as follows:
1. Price Fluctuations: Recirculation of passive supply or selling in large quantities may cause sudden fluctuations in the price of USTC. Such events often attract the attention of investors and can lead to speculation in the market.
2. Trust Element: The high amount of USTC held by large players such as Luna Foundation may affect the confidence of investors. Statements or transactions made by such foundations may have a direct impact on market confidence.
3. Balance of Supply and Demand: Restricting the circulating supply can cause the price to rise when demand remains constant or increases. However, whether this situation is sustainable depends on when and under what conditions the supply will be put back into circulation.
4. Regulation and Inspections: Such large supply differences and large amounts in the hands of central institutions may attract the attention of regulators. Possible regulations and inspections may create new dynamics in the market.
Such information can often affect supply-demand dynamics and price movements in cryptocurrency markets.

Former #Binance CEO Changpeng Zhao was sentenced to 4 months in prison.

Is that a coinsidence ?

#BNB  Ranking 4
He went to jail in the 4th month
4 Billion Fine
Sentenced to 4 Months in Prison

$AKRO This bull will do great things too

#Bitcoin NFTs have now accumulated $2.989 billion in all-time sales #NFT and are expected to surpass $3 billion by the end of the trading week, recording $11.89 million in sales in the last 24 hours.

#WIF memedog Meme #NFT s are gaining traction with Achi's recent sale of $4.3 million. Here is the list of the most expensive meme-inspired NFTs ever sold.

1) Dogwifhat (WIF): $4.3 million
- Holder of the current record for the most expensive Meme-inspired NFT
2) Doge: $4.2 million
- Sold during the NFT boom on June 11, 2021
3) Pepe the Frog: $3.5 million
- Sold for 1,000 ETH on October 5, 2021 and now 3AC has crashed
4) Charlie Bit My Finger: $760,999
- NFT of one of YouTube's first iconic videos
5) Nyan Cat: $590,000
- Pixelated animation of a cat with a pop-tart for a body sold on February 19, 2021
6) Disaster Girl: $430,000
- Sold to 3FMusic for 180 ETH
7) Overly Attached Girlfriend: $411,000
- Sold for 200 ETH in spring 2021

#Bitcoin miner Marathon Digital Holdings set a new monthly record by mining 1,853 #Bitcoin in December 2023. 56% increase compared to November 2022 and 290% increase compared to December 2022. In 2023, they mined a total of 12,852 #Bitcoin . The increase in production is likely attributed to higher transaction fees on the Bitcoin network.

#Celsius is preparing to buy back existing #ETH’ assets that provide valuable staking rewards to offset expenses incurred during the restructuring process.

#LUNC my goal is clear, there is no stopping

#BitcoinETFs! : The Possibility of Early Approval from the #SEC Front Created Excitement in the Market

According to Mario Nawfal at platform X, multiple sources point to the possibility of multiple Bitcoin Spot ETF applications being approved as early as January 5, 2024. Additionally, reports from Fox Business and hints from Bloomberg Intelligence analysts suggest this possibility exists. It is stated that ETF approval may come this week. However, the general view is for specific approval to be obtained before the January 20, 2024 deadline.

More importantly, January 10 is the date the SEC may decide on the #ARK 21Shares Bitcoin ETF application. In parallel, SEC officials held a series of meetings with many ETF applicants. Companies such as Blackrock and Grayscale each held at least 4 meetings with authorities upon their applications. Cathie Wood, chief executive officer of Ark Invest, later shared that discussions with the Commission were extremely encouraging and expressed confidence that approval would be obtained in January 2024.

Former Citigroup executives reportedly created depository receipts #Bitcoin through the Receipts Depositary Corporation (RDC) and provided Bitcoin-backed securities without US regulatory approval.

These receipts will be offered to eligible global institutional investors through exempt transactions under the Securities Act of 1933.

#BitcoinETFs!

Friends, you know that#Binanceadded ANT, FIRO, KPR, MDX, MOB, REEF, VAI, XMR, ZEC and ZEN to the list of tokens under surveillance.

Binance may make a delist decision about these coins in the future. Be careful.

#btc miner Cipher Mining has purchased 16,000 new Avalon A1466 miners for its Texas facilities ahead of the #Bitcoin halving.