Here’s a brief summary of the latest crypto-related news:

Crypto Hedge Funds Surge: Brevan Howard and Galaxy Digital saw significant returns, up 46% in November and 76% YTD, driven by Bitcoin's price surge and SEC approvals for Bitcoin ETFs. Source

Bitcoin Price Drops: Bitcoin fell nearly 5% recently, influenced by rising Treasury yields and Fed decisions, though it’s recovering slightly. Source

Crypto Hacks Increase: Crypto hacks saw a 21% rise, totaling $2.2 billion in 2024, with North Korean hackers being responsible for a significant portion. Source

Bitcoin Approaching $108,000: Bitcoin nears $108,000, fueling discussions about its potential to reach new highs. Source

Market Liquidations: Bitcoin's dip below $100,000 led to $1.4 billion in liquidations, mostly from long positions. Source

Russia Avoids Crypto Investment: Russia's central bank confirms it won’t invest in cryptocurrencies amid global regulatory pressure. Source

Pi Network Mainnet Update: Pi Network developers provided key updates on their mainnet launch. Source