The U.S. FSOC urges swift federal regulation for stablecoin issuers, citing systemic risks from rapid growth, lack of transparency, and market concentration.
🌟 El Salvador Reports 123% Bitcoin Investment Gain
President Bukele announced a 123% profit on El Salvador’s Bitcoin investment, now worth $600M, praising the country's bold adoption despite mixed local reactions.
⚠️ Peter Schiff Warns: Bitcoin Could Undermine the Dollar
Peter Schiff cautions that adopting Bitcoin as a national reserve could weaken the dollar, spur inflation, and create an economic bubble, fueled by excessive government intervention.
📈 Analyst Predicts Bitcoin to Hit $112,000 by Christmas
Crypto analyst Dave the Wave forecasts Bitcoin reaching $112,000 before Christmas, citing a bullish channel, and anticipates $180,000–$220,000 in H1 2025. He notes declining Bitcoin dominance, suggesting potential altcoin rallies.
🚀 Upcoming Token Unlocks Worth $740 Million This Week
Aptos, StarkNet, and Sei are set to release significant amounts of locked tokens, totaling over $740 million, potentially impacting their market dynamics.
Chris Burniske anticipates a significant market correction around President-elect Donald Trump's inauguration on January 20, but asserts this won't end the crypto bull market. He advises investors to take profits during market highs, emphasizing that time is more valuable than Bitcoin. Currently, the total crypto market cap stands at approximately $3.865 trillion.
The Cardano Foundation's X account was hacked, with fake claims of SEC action against Cardano. Founder Charles Hoskinson denied the claims, ensuring no major impact on ADA's price, which held steady at $1.2 despite the incident.
Michael Saylor urges the U.S. to sell its gold reserves to buy Bitcoin, predicting this move could secure global financial dominance and skyrocket Bitcoin holdings' value to $100 trillion.
Top 15 Chains by DEX Trading Volume in November 2024
Solana outperformed Ethereum by nearly 2x in DEX trading volume this November, driven by a memecoin boom and a strong price rally. Base also made significant strides, solidifying its position among the leading chains.
It’s clear that Solana, Ethereum, and Base are now the top competitors for liquidity and trading volume. #2025WithBinance
💸 Binance Launches New Stablecoin BFUSD Binance introduces BFUSD for futures traders, offering 19.55% annual rewards without locking funds, aiming to regain ground in the competitive stablecoin market.
📱 Telegram Unveils Major Mini-App Update Telegram introduces Mini-App 2.0 with features like full-screen mode, home screen shortcuts, media sharing, and interactive games, enhancing user experience.
⚖️ Russia Revamps Crypto Tax Laws Russia classifies crypto as assets, taxing mining profits at market value, capping personal income tax at 15%, and exempting crypto trades from VAT, aiming for balanced regulation.
🚀 Dogecoin Poised for a New All-Time High: Analyst Crypto analyst Bluntz predicts Dogecoin could surge to $0.85 this week, citing Elliott Wave theory and bullish momentum following its $0.339 local low.
💰 Bitcoin Trader Earns $15M in Just Two Weeks! A savvy crypto trader netted over $15 million in two weeks by capitalizing on Bitcoin's bullish run. Selling 619 BTC at an average of $75,029 and later flipping 562 BTC near $93,050, they mastered the market's highs for massive gains.