The article in this post: Global Cryptocurrency Adoption Index 2024 shows that Asia leads the list with 60% of the total number of cryptocurrency users worldwide.

the Index, India, Indonesia and Vietnam were also among the top ten countries with the highest number of #cryptocurrency users in the world.
Despite the strict regulatory environment, people in China are actively engaging in #digital assets and decentralized finance.
Foresight A study conducted by Ventures and Primitive Ventures found that Asia leads other continents in the number of cryptocurrency users in the world. According to the report, countries such as India, Vietnam and Indonesia are among the top ten countries with the highest number of cryptocurrency users in the world.
Foresight Ventures, a venture capital firm specializing in #cryptocurrencies , and Primitive Ventures, an investment firm specializing in frontier investments. Primitive Ventures recently released a report titled GTM in Asia.
report states that the Asian region is the epicenter of global crypto activity, accounting for 60% of the world's cryptocurrencies. Calculations show that the Asian continent accounts for the largest share of global liquidity in the cryptocurrency sector. The
Chainalysis 2024 Global Cryptocurrency Adoption Index shows that Asia continues to dominate the cryptocurrency world, with 20 countries in the top 20 leading the way. According to the
2024 Global Crypto Adoption Index report, five of the top 10 countries are in Asia, including India, Indonesia and Vietnam. The report highlights the growing trend of cryptocurrency adoption in Asian countries, mainly due to centralized exchanges and price-sensitive communities.
cryptocurrencies are thriving in China.
Indonesia is a regional hub and is ranked number one in the world. It is the third largest cryptocurrency market in the world. Between July 2023 and June 2024, the country received $ 157.

ation.

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#DigitalCurrency #TrendingTopic

Bhutan city will create a strategic cryptocurrency reserve that will include Bitcoin and Ethereum

Bhutan's Gelephu Special Administrative Region (SAR), also known as Gelephu Mindfulness #City (GMC), will include key #digital assets such as #Bitcoin , #Ethereum and BNB. It plans to create a strategic reserve,
reserve that aims to strengthen the region's economic stability while exploring bitcoin mining opportunities.
In a statement on January 8, GMC explained its plans to integrate these digital assets into its financial strategy. The city intends to meet with key government officials and global industry experts in March to discuss further details. Unlike other regions focused solely on bitcoin, GMC plans to diversify its reserve fund to include other well-known cryptocurrencies with high market capitalization and liquidity.
the City also plans to move to a secure, mature blockchain issued on a secure, mature blockchain that provides transparency in tracking and verifying transactions. The importance of embracing digital assets was emphasized. This initiative is part of GMC's broader vision, which will evolve over 21 years and aims to connect South and Southeast Asia while maintaining legal independence.
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What is Tesla's trajectory in 2025 after the Trump enthusiasm subsides - Tokenist

Three weeks ago, we argued that Tesla's stock rise was temporary due to the Trump and Musk alliance. At the time, TSLA's stock price was $487 compared to $396 today.
however, #Tesla stock has returned 63% in three months. That's well above the 2.9% of the S&P 500 Index (SPX) and the 5.5% of the Nasdaq 100 Index (NDX) over the same period.
As with the Mimecoin #cryptocurrency , the hype is short-lived. Now that the reality of Trump's second term is settled, what should Tesla investors expect in 2025.
After numerous reviews, Tesla's Cybertruck electric pickup truck can be seen as a significant waste of resources. Not only was it not as good as other Tesla products, but it was overpriced.
Not only was the Cybertruck less reliable than expected, it also ate up the Land D's budget, putting Tesla off the path to affordable EVs. Most importantly, this comes at a time when Chinese EV manufacturers are expanding their operations and can offer EVs for under $BTC both the EU and the US want to switch from gasoline-powered cars to electric vehicles, but are doing their best to significantly delay the transition by imposing high tariffs on Chinese automakers. This has been a lifesaver for Tesla, as the Biden administration quadrupled such tariffs through 2024, and the tariff-oriented Trump administration is expected to raise tariffs further.
In other words, Tesla's cyber truck experiment got a reprieve thanks to tariffs. Tariffs have given Tesla's cyber truck experiment a reprieve. However, in the long run, Tesla will have to strengthen its #core business model with cheaper EV models. In addition, Tesla's reputation is largely based on its autonomous driving potential.
Join the Telegram group to never miss the latest news about your #digital assets.

However, there is still a lot of uncertainty as to when this will happen.

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#GlobalCrypto

US court: bitcoin investor forced to hand over private keys.

is required to hand over all physical devices used to store #cryptocurrency and return more than $1 million to US tax authorities.
In a precedent-setting decision for #digital assets, a federal court in Texas ordered Frank Richard Algren III to turn over all private keys and access codes to his wallets. The decision marks a turning point in the relationship between the US judicial system and the world of #cryptocurrencies .
Last December, defendant Algren, an investor who bought about 1,366 bitcoins worth about $465 in 2015, was sentenced to two years in prison for tax evasion. The case arose after the defendant intentionally underreported more than $3.7 million in capital gains from the sale of bitcoins between 2017 and 2019.
Judge Robert Pittman of the Federal Court in Austin found that not only the defendant Algren, but also his family and associates, had a restraining order issued against them requiring them to identify and turn over all physical devices used to store cryptocurrency, public and private keys and initial phrases. The order also included a prohibition on transferring cryptocurrency without prior court authorization.
In 2017, Algren sold approximately half of his bitcoins for $5,800 each, artificially inflating the purchase price on his tax return to reduce his taxable capital gains. He subsequently sold more than $650,000 worth of bitcoins between 2018 and 2019 without reporting those sales.
sentence includes two years in prison, plus one year of probation, and payment of approximately $1.1 million in restitution to the U. S. government.
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#CryptoAdoption #transscreen.ru

The financial sector is on the brink of transformation! Billionaire entrepreneur Chamath Palihapitiya predicts that stablecoins will take center stage this year, driving innovation and disrupting traditional payment systems like Visa and Mastercard.

🔍 How Will Stablecoin Usage Surge?
Rapid Growth: By mid-2024, stablecoins could handle 1.1 billion transactions, totaling a staggering $8.5 trillion — more than double Visa’s transaction volume in the same period.
Pivotal Shift: Businesses are increasingly adopting stablecoins for secure, efficient transactions, marking a turning point in the financial ecosystem.
Competitive Edge: Palihapitiya believes stablecoins will dominate 2025, intensifying competition with established payment networks.

🚀 Emerging Applications for Stablecoins

Innovative Use Cases: Stablecoins are expected to unlock new applications across industries, from cross-border payments to supply chain solutions.
Regulatory Push: Political scrutiny on credit card fees could further accelerate adoption, offering a low-cost alternative.
Market Expansion: The stablecoin sector could expand 4-5 times by year-end, reshaping financial operations globally.

🕒 Key Takeaways
Stablecoins could surpass $8.5 trillion in transaction volume.
Their growing adoption will challenge traditional payment giants.
New use cases and regulatory support will drive broader acceptance.

💡 The Bottom Line: With stablecoins offering efficiency, scalability, and cost advantages, they’re poised to revolutionize global trade and financial systems. The future of finance is digital – and stablecoins are leading the way!

#CryptoInnovation #Stablecoins #Digital Payments #FutureOfFinance #BullCyclePrediction

In this article: Prime Minister Trudeau's resignation paves the way for Poilievre, who enjoys 87 percent support on Polymarket, to become Canada's next prime minister.

Poilievre's stance could make Canada more cryptocurrency-friendly.
Poilievre opposes central bank digital currencies but supports financial freedom and privacy. Justin Trudeau's resignation on Jan. 6, 2025, opens the door for Conservative Party leader Pierre Poilievre, who has an 87% chance of becoming Canada's next #prime minister. January 6, 2025, Canadian Prime Minister Justin Trudeau announced his resignation, ending nearly a decade of leadership.
He wanted to change the country because his party was in trouble. Because the party was in trouble. This means that the post of prime minister could be occupied by a new person who may be a supporter of #cryptocurrency .
Poilievre is actually the leader of the Conservative Party and is considered a candidate for the post of prime minister of Canada. According to Polymarket, he has an 87% chance of being elected. This high probability indicates that many voters support him and share his views on digital currencies.
Mr. Poilievre supports #cryptocurrencies and opposes digital currencies being subordinated to central banks. He believes that Canadians should be free to spend their own money and that the government should not interfere. Thanks to cryptocurrencies, he has as many supporters as Trump has in the U. S.
Trudeau's resignation will lead to major changes in the management of #digital assets in Canada. During Trudeau's time in office, the government did not support digital currencies.
For example, his government banned 34 cryptocurrency wallets associated with the Freedom Convoy 2022 protests. The move drew a lot of criticism from the crypto community and attracted a lot of attention during the U. S. election.
With Poilievre in power, things may change a bit as the country starts to welcome cryptocurrencies more.

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#FinTechInnovations

The value of bitcoin and its potential as a digital currency is attracting attention across all industries, and former President Donald Trump is no exception.

roundtable moderator Rob Nelson and David Bailey, CEO of #BTC Inc.
People still say #bitcoin is just a set of numbers in a computer. But dollars are just paper, and I wouldn't be surprised if Trump realizes the value of #digital currency. He realized early on the power of social media and understood the less tangible tools that others don't pay attention to.
Nelson added that Trump calling bitcoin the digital version of gold underscores his instincts to see untapped opportunities.
David Bailey, who invited Trump to headline the Bitcoin Nashville conference last year. Mr. Bailey also echoed that view, emphasizing Trump's entrepreneurial mindset.
Do I think Trump is an opportunist for bitcoin? Absolutely, Bailey said.
His whole life has been about identifying opportunities where there is potential for big deals. From my perspective, bitcoin is the best opportunity that the U. S. has in front of it right now.
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#CompassInvestments #TokenEconomy

Permanent link to this post: According to a Polymarket poll, 40% of respondents believe Trump may create a bitcoin fund in the U.S.

Senator Cynthia Loomis has proposed legislation that would give the U. S. 1 million bitcoins over five years.
Countries such as Bhutan and El Salvador have already integrated #bitcoin into their financial systems. According to a recent Polymarket poll, 40 percent of respondents believe that President-elect Trump could create a bitcoin fund in the United States. This has sparked a debate about the role of bitcoin in the country's finances. The government already holds around 200,000 bitcoins, and the move could strengthen the US position in the global #cryptocurrency market.
The concept of creating a bitcoin reserve in the US has been heavily fueled by recent news and speculation, both in the cryptocurrency community and globally.
A recent Polymarket poll showed that 40% of respondents believe that President-elect Donald Trump will create a national bitcoin reserve fund.
Polymarket is a decentralized prediction marketplace. marketplace. On it, users can make guesses about real-world events by buying and selling stocks. Current odds on the platform show that many believe that the Trump administration may support bitcoin as a strategic reserve asset.
This hypothesis is consistent with Trump's previous statements on bitcoin and is backed up by the administration's statement.
supporters argue that by holding bitcoin as a reserve asset, the U. S. will be able to strengthen itself in the global cryptocurrency market and strengthen its financial planning. It holds about 200,000 bitcoins worth billions of dollars. Industry experts, such as Alistair Milne of Altana #Digital Currency Fund, believe that even if President Trump does not increase the bitcoin rate, simply not selling these assets would be effective.
They believe he can create reserve assets.

The National Bitcoin Reserve initiative has serious problems.

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#CryptoNews #transscreen.ru

Highlights. Vice President Kamala Harris promises to spur innovation in artificial intelligence and digital assets while protecting consumers.

Vice President Harris raised $27 million at a fundraiser in New York, and the Democrat raised $361 million in August, beating Trump by $130 million.
Vice President Kamala Harris, who will face Donald Trump in this November's election, expressed her support for new technologies such as artificial intelligence and #cryptocurrencies at a Sept. 22 campaign fundraiser.
This is the first time Harris has spoken publicly about cryptocurrencies, which will be one of the emerging industries in the 2024 presidential election.
Speaking at an event at Cipriani Wall Street in Manhattan, Vice President Kamala Harris said her administration will foster innovation while protecting the interests of investors and consumers.
We will encourage innovative technologies such as artificial intelligence and #digital assets while protecting the interests of consumers and investors, she said.
For an industry that has grown rapidly over the past few years, cryptocurrencies pose a significant challenge for 2024. In particular, key executives and investors sharply condemned Gov. Biden's approach to regulation.
Many #cryptocurrency supporters took Harris' remarks as an attempt to prove that her position is different from President #Joe Biden's. Judging from the remarks, Harris seems to recognize some value in the industry, but is eager to introduce consumer protections after a series of high-profile cryptocurrency crashes. Meanwhile, his Republican rival Harris has already taken a friendly stance on cryptocurrencies, with Trump criticizing existing regulation and promising to oust SEC Chairman Gary Gensler if he gets into the White House. He made headlines last week after paying with bitcoins for a burger at a cryptobar in New York City.
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#MarketInsights

Donald Trump has doubled his support for cryptocurrencies.

The former president's stance on #cryptocurrencies has changed 180 degrees.
While Trump endorses cryptocurrencies, Biden is in danger because of his anti-cryptocurrency stance.
Former President Donald Trump is diving headfirst into the #cryptocurrency wave, especially now that it means outflanking his main rival, President Joe Biden. The leading Republican candidate has been on the rise lately, and even while accepting campaign donations in various cryptocurrencies, including meme coins like Doge and SHIB, he has embraced the crypto industry with open arms.
In a new post on his social media platform, Trump reiterated his love for cryptocurrencies and said he fully supports #digital assets in the race for the White House.
'I am very positive and open-minded about cryptocurrency companies and everything related to this new and rapidly growing industry,' Donald Trump wrote in his signature style typed in large letters. The former president emphasized that the United States should be the leader, "there is no such thing as second place.
Trump didn't miss the opportunity to throw shade at Biden, saying his rivals hope to bring the crypto industry "a slow and painful death. ""
The former president's new social media post completely reverses the 180-degree stance he took a few years ago when he was skeptical of cryptocurrencies compared to the U. S. dollar.
A man in neat clothes examines documents while sheets of paper fly around him.
Can #Ripple win against the SEC thanks to a new bill?
Two elderly people in wheelchairs, facing each other, show their middle fingers in an old abandoned building.
A robot hand holds a TON token and sends a message via telegram.
"The currency of this world should be the dollar. And I don't think we should have all the bitcoins in the world.

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#CryptoUpdates

Members of Trump's transition team confirm that the next SEC chairman is a pro-cryptocurrency choice

the Trump team has proposed a pro-cryptocurrency candidate to be the next SEC chairman.
Pro-cryptocurrency candidates such as Dan Gallagher and Hester Pearce are being considered to head the SEC.
Gary Gensler may face pressure to step down under the new Trump administration.
Fox Business reporter Eleanor Terrett recently reached out to sources close to the Trump team to shed light on the administration's approach to the next SEC chairman. Reporter Terrett asked if the new SEC commissioner would support cryptocurrency-friendly policies.
We asked a source close to Trump's transition team to name some of the candidates for @SECGov chairman and to see if their views on #cryptocurrency would influence their decision.
the answer was, I promise to be pro-cryptocurrency.
the sources suggested that the current government does not take an anti-cryptocurrency stance and assured that the team will really focus on choosing someone who supports #digital assets.
they promise to choose someone who supports #cryptocurrencies .
Although a final decision has not been made and discussions are ongoing, Trump's team seems to be focused on finding a candidate who will be open to encouraging growth and innovation in the digital asset industry.
Will Gary Gensler resign?
Appointed by President Joe Biden in early 2021, current SEC Chairman Gary Gensler has taken a tough stance on the cryptocurrency industry.

SEC Commissioner Hester Pearce, who is known for her support of the crypto industry, is also a candidate.
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#Crypto2024 #CryptoMarketTrends

Key Points. NYSE Arca proposes Rule 8.800-E on the listing of digital assets and investment products.

The new rule aims to expand investment opportunities and meet demand for a variety of assets.
NYSE Arca proposes Rule 8.800-E for the listing of commodity and digital asset-based securities. The rule is intended to expand investment opportunities, meet investor demand, and provide a regulated trading environment for these innovative products.
On October 29, 2024, NYSE Arca proposed that the SEC adopt a new rule (Rule 8.800-E) that would permit the listing and trading of innovative investment products based on commodity and #digital assets.
In connection with this rule, NYSE Arca is also proposing to list and trade shares of the #Grayscale Digital Large Cap Fund pursuant to this new rule.
the primary purpose of Rule 8.800-E is to expand the investment opportunities available on NYSE Arca by creating a framework for listing securities based on both physical commodities and digital assets.
the proposal would allow exchanges to consider trading investment income interests based on commodities and/or digital assets that meet the criteria of this rule pursuant to listed or unlisted trading privileges.
Such investment interests are defined as securities issued by a trust, limited liability company or similar organization that owns certain commodities, digital assets, derivative securities or cash.
The rules address investor demand for a variety of products that combine the growth potential of digital assets, such as #cryptocurrencies , with traditional commodity investments. By expanding the range of listed securities, NYSE Arca will facilitate new forms of exchange-traded products (ETPs) that provide access to these innovative asset classes in a safe and regulated environment.
Rule 8.800-E opens the door to a regulated space where investors can trade in commodity-backed securities and digital assets.

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#CompassInvestments #CryptoTrends

In this post. Economist Peter Schiff expressed pessimism about the duration of the global economic boom after Trump won the presidential election.

According to the economist, the boom was driven by consumer #optimism fueled by misplaced confidence in the president-elect.
U. S. stock indexes and #digital assets reached all-time highs and the U. S. dollar reached its highest level in almost a decade.
Peter Schiff believes that Trump's economic boom is gradually gaining momentum. The economist added that consumer optimism will not last long, as the current economic problems will worsen.
economist Peter Schiff expressed concern about Trump's current economic boom. The economist's comments sparked a discussion on website X, with more people voicing their opinions on the possible consequences of the economic boom.
Peter Schiff said that consumer optimism about the economy has been gradually increasing since Trump's victory. He added that while the booming economy is likely to continue for some time, it will not solve the problems that voters expected Trump to solve.
Consumer optimism is growing and will continue to grow for some time, as false confidence in the boom caused by Trump continues to spread. However, the good mood won't last long as all the economic problems that voters hoped Trump would solve have worsened.
After Trump was re-elected president of the United States, U. S. stocks hit new highs and the dollar rose against other international currencies.
According to CoinMarketCap, #bitcoin also hit an all-time high a few days after the president-elect's victory. During the campaign, Trump announced his intention to prioritize digital assets, fueling current consumer optimism.
During the campaign, Trump also promised to make the U. S. a global bitcoin superpower.
Among his promises is the removal of U. S. Securities and Exchange Commission Chairman Gary Gensler, who led various crackdowns on digital asset companies during the Biden administration.

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#CryptoTrends #TokenEconomy

Hackers attacking decentralized exchange (DEX) KyberSwap have been seen moving millions of digital assets from one blockchain to another.

On February 26, analytics firm PeckShield detected the moves from the attacker's wallet address to KyberSwap.
According to the #blockchain data, the hacker moved 798.8 Ether (ETH) worth nearly £2.5 million from Arbitrum to the #Ethereum network.
In addition to the £2.5 million, the hacker also transferred about $1 million in stable coins. A wallet associated with Exploiter transferred £826,500 in stable #Dai (DAI) coins to another wallet.
The KyberSwap hack was one of the biggest hacks of 2023, with DEX notifying the community on November 23 that a "security incident" had occurred and advising users to withdraw funds.
It was initially reported that around £46 million of #digital assets had been withdrawn as a result of the hack. However, it was later revealed that the total loss amounted to £49 million.
That day, the hacker also left a message online for the KyberSwap team saying that negotiations would begin "after a full rest".
In response, the KyberSwap team offered a reward of £4.6 million in exchange for 90% of the stolen funds.
However, the reward negotiations took a nasty turn when hackers began to express their dissatisfaction with KyberSwap's approach.
On November 29, the hacker posted online that he would postpone negotiations if the KyberSwap team continued to threaten legal action or threats, which the hacker described as unfriendly.
The hackers then made an unexpected demand, demanding full control of KyberSwap and all of its assets.
The hackers also claimed temporary full right and possession of KyberDAO, which acts as Kyber's governance structure, and all Kyber-related documents.
The company was given until December 10, 2023 to make a decision before the "contract expires.

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#CryptoAdoption

In a note to clients released today, Bernstein analysts led by Gautam Chhugani are confident that bitcoin will eventually replace gold as a reliable security asset, the note said.

We expect #bitcoin to become a major asset of a new era over the next 10 years, replacing gold, becoming an integral part of institutional multi-asset holdings and the standard for corporate financial governance.
Bitcoin is up 141% since the beginning of the year. But much of that growth was due to the victory of pro-cryptocurrency Republican candidate Donald Trump in the 11th U. S. presidential election.
After Trump's victory, the #cryptocurrency market saw a surge of optimism as the president-elect is expected to create a favorable regulatory environment for #digital assets. Since 11/4, the total cryptocurrency market has grown from a staggering 2.4 trillion to a staggering 3.9 trillion at the time of writing, representing a staggering 62.5% growth.
In his post, Bernstein predicts that #Btc could rise in value to 200,000 baht by the end of 2025. The trading firm's predictions are in line with those of Charles Edwards, founder of Capriole Investments, and BTC could double in value within weeks as its relatively low market value allows for faster price movements.
Bernstein's optimistic forecast cited mainstream adoption of bitcoin as a key factor in its success. A. It was complemented by Gil Luria, an analyst at Davidson. However, he warned that bitcoin still has a long way to go before it becomes widely accepted as a medium of exchange and unit of account. This is the first time I've ever seen a video with a girl in it. :
Bitcoin is currently being used as a savings vehicle, a low correlation asset that replaces gold as a hedge against declining economic stability.
While bitcoin is not yet widely recognized as a currency, it has gained popularity as a reliable asset class on companies' balance sheets. Recently, Hut8, a leading cryptocurrency mining company, announced plans to create a strategic reserve for btcoin.
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#CryptoMarketTrends