š„ Weekly Crypto News Update (Dec 30th)š
ā¼ļøA concise overview of the most important happenings in the world of #cryptocurrencies over the last week:
š„MicroStrategy Invests $600M More in #Bitcoin
Michael Saylor's company MicroStrategy has expanded its Bitcoin portfolio by an impressive 14,620 Bitcoins. This acquisition increases its total Bitcoin assets to nearly 190,000, bought at an average of $31.6K per Bitcoin.
šIndia Targets Binance and Other Exchanges.
The Indian government is taking action against foreign cryptocurrency exchanges. It has issued anti-money laundering notices to nine major exchanges, including #Binance and Kucoin.
āļøBinanceās Year-End Summary Revealed
Binance, the largest centralized exchange globally, released notable statistics. The company reports having 170 million users and has invested over $200 million in compliance efforts this year.š„³
šCrackdown on Privacy Coins
Exchange OKx plans to remove several privacy-centric cryptocurrencies such as Monero (XMR). While the exact reasons are unclear, regulatory issues are suspected to be the cause.
š±Ark Invest Divests from Crypto Holdings
Cathie Wood's Ark Invest has sold all its holdings in Grayscale's Bitcoin Trust (GBTC). This follows the firm's recent sale of Coinbase shares (COIN).
š„ #SpaceCatch has concluded its community and public round #CATCH presales in record time, rightfully positioning itself among the most anticipated games of next year. This distinction applies not just within the web3 space, but also in the realm of traditional mobile gaming.
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