✅ Bitcoin has grown by 12% in a week and set a new ATH - $93,300 💸
And the S&P 500 lost 2.3% as the likelihood of a pause in Fed rate cuts grew.
Weekly digest:
🤑 Cryptocurrencies
🔸 Pennsylvania Wants to Implement a Strategic BTC Reserve and Plans to Buy $700 Million in BTC
🔸 Senator Cynthia Lummis Proposes Selling Part of US Gold Reserves to Buy 1,000,000 BTC
🔸 MicroStrategy bought another 27,200 BTC ($2.03 billion) at an average price of $74,463 per coin
🔸 Tether announced the launch of the Hadron asset tokenization platform
🔸 SEC Chairman Gary Gensler is considering retirement 👌
💰 Cryptocurrency exchanges
🔸 The scam exchange FTX has decided to sue Binance and Changpeng Zhao for $1.8 billion
🔸 The cryptocurrency exchange ByBit received a license in Georgia
🔸 Online bank Revolut is expanding cryptocurrency trading to 30 new markets in Europe
🔸 South Korean exchange Upbit may face a $42.9 billion fine for violating KYC procedures
💸 Financial news
🔸 The US national debt has exceeded $36 trillion
🔸 Inflation in the US rose to 2.6%
🔸 Jeff Bezos sold Amazon shares worth $1.2 billion: sales in November already total $2.7 billion
🔸 MicroStrategy shares updated the ATH set in 2000
🔸 The European Commission has approved a second tranche for Ukraine of €4.1 billion
🔐 Regulation
🔸 Donald Trump announced the creation of DOGE (Department of Government Efficiency) under the leadership of Elon Musk and Vivek Ramaswamy 🕑
🔸 18 US states have sued the SEC over the persecution of cryptocurrencies
🔸 Restrictions for miners will be introduced in some regions of the Russian Federation until 2031
🔸 The Russian government's cabinet approved cryptocurrency tax regulations
🔸 Alameda Research is suing Waves creator Sasha Ivanov to recover $90 million from Vires Finance
🚓 Hacks
🔸 The DeltaPrime protocol was hacked for $4.75 million
🔷 Rates:
🥇 Bitcoin - $90,021 (↓0.67%)
📉 S&P 500 - 5,870 (↓1.32%)
🕙 USD/RUB - 99.99 (↑0.42%)
🕖 USD/UAH - 41.30 (↑0.19%)
🌉 Gold - $2,563 (↓0.06%)
📦 Oil Brent - $71.00 (↓1.95%)