Cryptopolitan brings to the community breaking events involving top leaders, all major news, and significant disruptions in the Crypto and Blockchain industry.
Inside the Bitcoin Megaforce That Is MicroStrategy
Once a fading software company struggling to stay relevant, MicroStrategy (MSTR) has outstandingly become the ultimate Bitcoin buying powerhouse, hoarding nearly 2% of the world’s entire BTC supply.
What’s driving this wild transformation? Ambition, audacity, and billions in borrowed cash. In the past month alone, MicroStrategy announced plans to raise a staggering $42 billion through equity and debt. It also spent $10.2 billion snapping up Bitcoin.
ECB’s President Lagarde Urges EU to Negotiate With America on Tariffs Before Striking Back
Christine Lagarde, the European Central Bank President, is calling on the European Union to think strategically and engage in direct negotiations with America instead of rushing into retaliation over incoming tariffs.
President-elect Donald Trump has announced massive tariffs: 60% on Chinese imports and 10-20% on imports from other countries, including Europe. Lagarde warned that these measures, if unchallenged or met with a knee-jerk reaction, could start a global trade war that would benefit
HYPE Token Surges 63% After a Billion-dollar Airdrop
HYPE token price grew significantly in the first 12 hours of its release, soaring from its initial cost of $3.90 to trade at $6.16 after the Hyperliquid’s airdrop. The growth accounts for 63%, leaving holders enthusiastic about its future.
Hyperliquid held the largest airdrop in the DeFi protocol on November 29, giving out 310 million HYPE tokens to the community. The coin’s current market cap is nearly $2.2B.
Binance CMO Says Meme Coin Listings Are Not Guaranteed
Rachel Conlan, CMO of Binance says memecoin listings are not guaranteed. However “community feedback and input” plays an important role in decisions related to which cryptocurrency to list.
In a Cointelegraph interview at Aus Crypto Con 2024, Rachel Conlan said that teams responsible for listing go through a diligent process to go through the information regarding the founders behind the project’s involved people and the plans it potentially holds.
Brazil’s Proposed Stablecoin Withdrawal Ban Targets Self-custody Wallets
Brazil’s Stablecoin Withdrawal Ban, proposed by the Central Bank of Brazi (BCB), restricts centralized exchanges from transferring stablecoins to self-custody wallets, aiming to tighten regulations.
BCB may prohibit centralized exchanges from permitting stablecoin withdrawals into self-custody wallets. This restriction targets “tokens denominated in foreign currencies” to ensure compliance with Brazilian financial regulations.
The BCB gains crypto oversight under the 2022 law and sets new reg
XRP Overtakes BNB in Market Capitalization Surpassing $100 Billion
Ripple Labs’ XRP has once again returned to the top five cryptocurrencies by market capitalization. Data from CoinGecko shows that XRP beat Binance Coin (BNB) in terms of market capitalization, with XRP having a market capitalization of $100 billion above BNB’s $94 billion. This surge puts XRP in the elite $100 billion club.
Currently valued at $1.74, XRP has risen by 17% in the last 24 hours and a stunning 200% in the past month, its best showing since December 2017. The cryptocurrency has con
Alibaba’s Newest AI Model QwQ-32B-Preview Outshines OpenAI’s O1 in Some Benchmarks
As competition intensifies in the AI field, Chinese retail giant Alibaba unveiled its QwQ-32B-Preview which reportedly outperforms OpenAI’s o1 series.
The latest model reportedly outshines OpenAI’s o1-preview and o1-mini models on some specific benchmarks, such as the AIME and MATH tests, which evaluate AI models’ performance in logic puzzles and math problems.
Alibaba has made QwQ-32B-Preview for download.
According to the retail giant, Alibaba’s new model is capable of tackling complex and
AI Model Olympus Could Be Amazon’s Powerful Video Tool in 2024
Amazon is reportedly developing a new AI tool called Olympus that can analyze videos. The multimodal AI model is thought to be a boon to Amazon’s AWS offering.
Additionally, Olympus is expected to reduce Amazon’s reliance on external AI providers while strengthening its own cloud computing service.
Amazon’s Olympus can analyze videos
Amazon is reportedly working on a new AI tool, Olympus, which could analyze videos, images, and text. AI functionalities software developer, Tibor Blaho, explain
Bitstamp Lists PEPE and Resumes Solana Trading in the US
Bitstamp crypto exchange announced on November 29 that it will list Solana (SOL) and PEPE in the U.S. The announcement revealed that PEPE and SOL will receive trading pairs to currencies such as the U.S. dollar and Euro. The exchange’s website highlighted that traders can now access SOL/USD, SOL/EUR, PEPE/USD, and PEPE/EUR spot trading pairs.
The exchange will debut PEPE, the third largest memecoin by market cap, which significantly surged in price after the listing announcement. The listing co
Tether Mints Another 1B USDT, the Stablecoin Issuer Has Minted 14B USDT Since Nov 8
Data from Lookonchain revealed on November 29 that Tether added another 1B USDT to its inventory. The stablecoin issuer had just minted another 3B USDT last Sunday. The company has pushed its total minted USDT to 14 billion since November 8.
CCData revealed that USDT has remained dominant in the stablecoin ecosystem, commanding approximately 69% of the total stablecoin market share. The high volume of Tether’s stablecoin activity was the primary driver behind the network’s $2.5 billion in earni
Stock Exchange With Near Round-the-clock Trading Set to Open in 2025
A new era of stock trading is about to unfold in 2025. The 24X National Exchange, a Stamford, Connecticut-based trading platform, is set to launch with an almost uninterrupted schedule.
Designed to serve both retail and institutional investors, this exchange plans to operate on business days from 4:00 a.m. to 7:00 p.m. Eastern Time.
But that’s not the big deal. Pending final approvals from the U.S. Securities and Exchange Commission (SEC), 24X might extend operations to 8:00 p.m. ET on Sundays
Bitwise Investment Management (BITB) has sustained its bull run recording $26,000,000 inflows today and $82 million in volume in just 3.5 hours with a short market day.
On its previous day of trades, Nov. 28, Bitwise’s $BITB led at $48.05 million with Fidelity’s $FDT at $40.24 million as no other ETF inflows or outflows were recorded.
Bitwise sees strong appetite for digital assets
BITB, CEO Hunter Horsley revealed in a post on X platform adding the bull run was suggestive of strong demand fo
Italian Data Protection Agency Warns Publisher Against Sharing Data With OpenAI
OpenAI faces a regulatory hurdle in Italy according to comments by the country’s data protection authority, Garante per la Protezione dei Dati Personali (GPDP). The regulator issued a warning to GEDI, a publisher in the country against sharing its data archives with OpenAI, citing a potential breach of the European Union’s (EU) General Data Protection Regulation (GDPR).
This follows a partnership between GEDI and OpenAI, which would allow OpenAI to train its ChatGPT models on Italian language
Ripple’s Stablecoin RLUSD Approved for December Launch in New York
Ripple’s dollar-backed stablecoin, RLUSD, is officially on track for its December 4 debut in New York. The New York Department of Financial Services (NYDFS) is reportedly ready to approve the new product, clearing Ripple to enter the highly regulated New York finance market.
Ripple’s core business, built around RippleNet, enables faster, cheaper international payments through blockchain technology. Now, with RLUSD, Ripple says it wants to expand its reach, offering businesses a less risky way t
Japanese FSA Issues Crypto Warnings to Five Overseas Exchanges
The Japanese Financial Service Agency (FSA) has warned five unregistered crypto exchange platforms that serve Japanese users without complying with the set-up regulations. The five crypto exchanges that have attracted the FSA’s wrath include KuCoin, Bybit, Bitget, MEXC Global, and Bitget Limited.
According to the FSA, these five platforms have violated Japanese crypto asset trading laws by serving users in Japan without obtaining the approval of relevant authorities.
Wrapped Litecoin (WLTC) gained its first decentralized pair on Uniswap, now building up liquidity against Ethereum (ETH). The pair launched two weeks after the creation of the WLTC token.
Litecoin (LTC), one of the oldest legacy cryptos, was tokenized as Wrapped Litecoin (WLTC). The token launched on November 13, and has already entered DeFi space with its first Uniswap pair.
Unlike ETH and BTC, LTC was rarely used as a wrapped asset. The success of WETH and WBTC came from their usage as col
Ethereum User Tricks AI Agent Into Sending $47,000 ETH Prize
An Ethereum user known as p0pular.eth was able to lure Freysa, a highly developed AI, into transferring its prize pool of 13.19 ETH ($47,000). Freysa had been designed not to allow any transfer of funds, which made this achievement rather remarkable in the world of blockchain.
Freysa was a mimicked AI study that checked how much the participants could think ahead of an AI that was programmed with specific rules and regulations. The main task was to persuade the AI to disobey the first order wh
Could Trump Make Ethereum the Crypto Comeback Story of 2025?
Ether, the second largest crypto after by market cap, might be hustling for a second act — and looks like it’s Donald Trump’s presidency that could light the fuse.
Ethereum and its ETFs have surged 49% since November 5, beating Bitcoin’s 38% rise in the same period. Investors who ditched Ethereum throughout 2024 are starting to reconsider, drawn back by the potential for regulation that could finally make Ether shine.
Ethereum’s 2024 wasn’t pretty. Bitcoin stole the show with simple narratives
Jupiter Concludes First Jupuary Vote With Only 58% in Favor, Prepares a Modified Proposal
Jupiter, the most successful Solana trading aggregator, did not achieve the 70% supermajority as expected. Jupiter’s founder, @weremeow, is preparing another proposal with more appealing conditions.
Jupiter DEX concluded its planned vote on running two more Jupuary events. The first vote produced only 58% in favor, with 42% not satisfied with the proposed conditions.
Jupuary voting result | Source: Jupiter Voting
The outcome means the Jupiter DEX chief developer @weremeow will work on anot
Boyaa Interactive Becomes Asia’s Largest Bitcoin Holder
One of the top Hong Kong-based gaming companies, Boyaa Interactive, has converted $49.48 million worth of Ethereum into Bitcoin. The gaming company has now become the largest corporate Bitcoin holder in Asia.
Boyaa Interactive revealed its move in a November 29 filing, explaining that it conducted a series of transactions from November 19 and 28. The company traded out 14,200 ETH for 515 BTC, boosting its total Bitcoin holdings to 3,183 BTC. Boyaa originally paid $39.45 million for the sold ETH