🪙 Bitcoin infiltrates the real estate sector in the USA
Nasdaq-listed company, La Rosa Holdings, has just announced the integration of Bitcoin and Crypto payment options for over 3,000 real estate agents in its system in the USA.
Agents can now receive commissions in the form of Crypto, meeting the demands of both agents and clients for more modern, flexible payment methods. $BTC
🇰🇵North Korean Hackers Stole $1.3 Billion in Crypto in 2024
The latest report from Chainalysis reveals that a total of $2.2B in crypto has been hacked this year, with North Korean hackers accounting for over half at $1.3B - more than double last year's amount.
Chainalysis also pointed out that the main tactic of North Korean hackers is to impersonate IT staff to apply for jobs and then quietly infiltrate crypto and technology companies.
Fully present, not missing any major hacks over the years, those North Korean hackers remain something very "haunting" for crypto projects!🙏
🪙Can Bitcoin reduce U.S. national debt by 35% by 2049?
VanEck predicts that if the U.S. reserves 1 million Bitcoins as proposed by Senator Cynthia Lummis, the country could offset $42 trillion in national debt, equivalent to 35% of the total projected national debt by 2049👇
- VanEck estimates that Bitcoin will increase an average of 25% per year and reach a price of $42.3M/BTC by 2049
- Meanwhile, U.S. national debt is expected to rise by 5% per year, from $37 trillion (2025) to $119.3 trillion (2049).
According to the bill proposed in early August, the U.S. could start reserving Bitcoin by utilizing 198,100 BTC seized from cases and selling about $455 billion in gold reserves to acquire Bitcoin.
The scenario is beautiful, but to become a reality it is very difficult because Senator Lummis's bill has not yet been reviewed by the Senate or the House of Representatives. $BTC
🪙U.S. Senator Proposes Granting Bitcoin Ownership to the Fed
U.S. Senator Cynthia Lummis recently reaffirmed her plan to expand the scope that allows the Federal Reserve (Fed) to buy and own Bitcoin as part of the nation's reserve asset strategy.
Lummis argues that establishing a strategic Bitcoin reserve fund, as proposed in the BITCOIN Act she introduced, could help address the United States' national debt issue.
Instead of sitting and listening to KOLs tell stories, you should spend 30 minutes every day to read important news, grasp trends and select valuable news. 🫶
+ Bitcoin drops below $94K, altcoins start the new week in the red [CT]
+ Mr. Trump appoints former football player Bo Hines to lead the crypto advisory council [CT]
+ El Salvador acquires an additional 11 BTC (~$1.06M), increasing total holdings to 5,994 BTC (~$580M), President Bukele aims for a mid-term goal of owning an additional 20,000 BTC [CT]
+ SEC fines Jump Trading's subsidiary $123M for manipulating LUNA-UST [CT]
+ Arthur Hayes deposits 9M $ENA (~$10.6M) on Binance and Bybit over the past 2 days, still holding 7.94M $ENA (~$8.1M) in collateral [CT]
+ Securitize proposes to add BlackRock's BUIDL token as collateral for the Frax USD stablecoin [CT]
+ Germany's DekaBank receives a crypto custody license from the BaFin regulatory agency and the European Central Bank (ECB) [CT]
+ Hex founder, Richard Heart, is wanted by Interpol and Europol on charges of tax evasion and assault [CT]
🗓 This week's macro calendar is quiet as Western countries observe Christmas
Mr. Trump appoints Bo Hines to lead the crypto advisory council
President-elect Donald Trump has just appointed Bo Hines, a former football player and unsuccessful candidate in the 2022 and 2024 House races, to lead the "Presidential Advisory Council on Crypto".
Hines will work under David Sacks, who is leading the AI and crypto sector.
Trump's statement: "In his new role, Bo will work with David to promote innovation and growth in the digital asset space, while ensuring industry leaders have the necessary resources to succeed".
This choice is surprising because Bo Hines seems to have had no public statements about Crypto. However, in the 2022 House race, Hines received support from Crypto organizations and even FTX, indicating he is crypto-friendly.
🪙Crypto trends 2025 & what awaits Solana in the new year?
2024 can be seen as a booming year for the Solana ecosystem, from leading the memecoin trend with Pump.fun, to the rise of DePIN with a series of projects. Notably, the most attention-grabbing event recently was the famous NFT collection Pudgy Penguins – which has been thriving on Ethereum – unexpectedly choosing Solana as the launchpad for their token.
Ending 2024 quite successfully. So what awaits the Solana ecosystem in 2025?
The Senate 🇺🇸 voted overnight to pass a temporary budget bill to avoid a government shutdown.
The bill can now be sent to President Joe Biden to be signed into law.
This bill extends government funding until March 2025 and provides disaster relief and agricultural aid, but does not include raising the debt ceiling. This is an issue that President-elect Donald Trump supports to allow his administration to address major economic priorities without worrying about borrowing limits.
+ US stocks, BTC regain positive momentum as PCE inflation rises lower than expected, bringing a bit of relief to the market [CT]
+ The US House of Representatives passes a temporary funding bill, which is being sent to the Senate to avoid a government shutdown [CT]
📝 Spot ETF for 20/12 [CT] + BTC is down $204.3M; specifically, Fidelity and Ark sold up to -$158.9M, BlackRock has no data yet + ETH is up $28.6M; Fidelity and GrayScale are the funds with positive cash flow, BlackRock has no data yet
+ Ethereum ETF surged in December with inflows reaching $1.66 billion, led by BlackRock's ETHA [CT]
+ Crypto giants Ripple, Kraken, Ondo Finance, and Coinbase donate to Trump's inauguration fund [CT]
+ Metaplanet issues 5 billion yen bonds ~$31.8M to accelerate Bitcoin accumulation [CT]
+ Top 5 bank in France, BPCE, is preparing to launch Bitcoin and crypto investment services for 35 million customers [CT]
+ Tether invests $775M in video-sharing platform Rumble; RUM stock skyrockets 41% [CT]
+ Tether plans to launch an AI platform in Q1/2025 [CT]
+ Stargate bridge encounters an issue on one DVN, causing transaction delays, now resolved, no impact on user assets [CT]