Thailand's Bitcoin pilot project is about to set sail! 🌟 Former Prime Minister Thaksin Shinawatra proposed to launch a tourism-focused Bitcoin sandbox test in Phuket, receiving enthusiastic support from the CEO of Binance Thailand. This initiative is seen as a positive step to enhance Thailand's competitiveness and attract tourists. However, the Bank of Thailand remains cautious about cryptocurrency payments. Gulf Binance CEO pointed out that this not only reflects the global trend of cryptocurrency adoption but also shows the leadership's embrace of transformative technology. With the global proliferation of digital assets, Thailand's strategic advantages in tourism and capital inflow may benefit as a result. 🚀
Odaily Planet Daily News📈: The cryptocurrency market is bustling in November! According to data from Token Terminal, the trading volumes of BTC and SOL have both reached historic highs, hitting $2.2 trillion and $243 billion respectively. Meanwhile, the trading volume of ETH has still declined by about 50% compared to its peak in 2021, standing at $1.1 trillion. Although ETH appears somewhat weak, Bitcoin's performance remains strong, continuing to play a significant role in the market. The rise of SOL cannot be underestimated, showing its growing appeal among investors. Overall, the cryptocurrency market is still full of vitality, and the future is promising!🚀
Odaily Planet Daily News, today's market trends are noteworthy! According to Lookonchain monitoring, the U.S. Bitcoin ETF saw a net outflow of 2,258 BTC today, indicating a slight cooling of investor enthusiasm for Bitcoin. But don't worry, Bitcoin is still a star in the cryptocurrency world and remains full of potential for the future! ✨
Meanwhile, the Ethereum ETF welcomed a net inflow of 12,445 ETH, showing that investor interest in Ethereum continues. Ethereum's smart contracts and decentralized application ecosystem remain key to its appeal. 🔗
Overall, market dynamics are changing rapidly, stay tuned and seize the opportunities! 📈
Odaily Planet Daily News 📢, SBI Holdings' cryptocurrency exchange SBI VC Trade has announced a major collaboration! They will partner with DMM Bitcoin to complete the transfer of customer accounts and custody assets by March 8, 2025. This means that all customers of DMM Bitcoin will be integrated into the SBI VC Trade platform. 🎉
The good news is that customers do not need to go through new account opening procedures; SBI VC Trade will handle all transfer matters! This transfer involves all customers who had opened accounts at DMM Bitcoin as of March 4, along with their Japanese yen and spot cryptocurrency assets. 💼
In the context of increasingly stringent global regulations, this move demonstrates SBI's strong confidence in the cryptocurrency market, particularly its optimistic attitude towards Bitcoin. 🚀
Odaily Planet Daily News📈: The holdings of the spot Bitcoin ETF in the United States have surpassed 1.13 million BTC in less than a year! In this race for digital gold, BlackRock leads the market by a remarkable 553,000 BTC. Meanwhile, Fidelity and Grayscale are also not to be underestimated, each holding about 200,000 BTC, demonstrating their strong confidence in Bitcoin. 💪 Against the backdrop of constantly changing global regulatory dynamics, this trend undoubtedly injects new vitality and hope into the Bitcoin market. 🌟 Although the overall market attitude is neutral, the future of Bitcoin still seems bright! 🚀
The Central Bank of Russia is working with Rosfinmonitoring to develop a super monitoring platform aimed at combating illegal financial activities, especially over-the-counter cryptocurrency transactions! 💼💥 This platform will utilize AI data analysis and real-time monitoring to identify high-risk accounts and share information with banks to prevent risks. In 2023, the illegal transaction amount withdrawn through personal accounts in Russia reached 44.9 billion rubles! Major banks like Sber and VTB have expressed support for this plan and will establish a dispute resolution mechanism to protect the rights of legitimate users. The launch date of the platform has not yet been determined. 🔍🔗
The Korean cryptocurrency market is hot! 🔥As of the end of November, the number of cryptocurrency investors in South Korea has reached 15.59 million, accounting for 30% of the total population, an increase of 610,000 from the previous month. The average daily trading volume soared to 14.9 trillion won, almost surpassing the total of KOSPI and GEM index! 💹The total value of crypto assets held by investors also soared from 58 trillion won in October to 102.6 trillion won. Faced with such rapid growth, the South Korean government is actively preparing to ensure the establishment of a safe and stable trading environment to protect the rights and interests of investors. The performance of cryptocurrencies such as Bitcoin in the Korean market is exciting! 🚀
Russian Finance Minister Anton Siluanov announced that Russian companies have begun using digital currencies such as Bitcoin for international payments to counter Western sanctions. This initiative marks Russia's official embrace of cryptocurrencies in foreign trade, and it will legalize Bitcoin mining. As one of the leading countries in global Bitcoin mining, Russia is actively promoting this trend. Siluanov optimistically stated that the use of digital currencies for international payments is the direction of future development, and it is expected to expand further next year. Bitcoin plays an important role in this global financial transformation and is worth noting! 🚀💰
Odaily Planet Daily News📢 The Israel Securities Authority (ISA) has approved six mutual funds tracking Bitcoin prices, which will debut in Israel next week! These funds are provided by Migdal Capital Markets, More, Ayalon, Phoenix Investment, Meitav, and IBI, with management fees ranging from 1.5% to 0.25%. 🎉 Notably, one of the funds will adopt an active management strategy, aiming to outperform Bitcoin's performance. With the launch of these funds, investment opportunities in the Bitcoin market will become more diversified. Are investors ready to embrace new challenges? 🚀
Odaily Planet Daily News 🌍 The Russian Finance Minister revealed that Russia is actively using Bitcoin in foreign trade! This news undoubtedly brings a new ray of hope to Bitcoin enthusiasts ✨. Although global regulatory policies on cryptocurrencies vary, the application of Bitcoin in international trade seems to be quietly expanding. Russia's move may provide a reference for other countries, promoting the status of Bitcoin in the global economy 📈. However, the overall market trend still requires cautious observation, as changes in regulatory policies could affect the situation at any time.
Turkey has recently introduced brand new cryptocurrency regulatory legislation, inspired by positive regulatory developments in places like Europe! 🎉 According to the new rules, users conducting transactions over 15,000 Turkish Lira (approximately $425) must provide identity information to cryptocurrency service providers. This anti-money laundering (AML) regulation aims to combat money laundering and terrorist financing activities conducted through cryptocurrencies. 🌍
Against the backdrop of increasingly strict global regulations, Bitcoin continues to demonstrate strong vitality and continues to attract investor attention. 📈 Although the market environment is complex, the future of Bitcoin remains hopeful! 🚀
Odaily Planet Daily latest news! According to Coinglass data, the contract trading volume of Bitcoin in the past 24 hours has been hotly released, with the top three centralized trading platforms being Binance, Bitget, and Coinbase! Among them, Binance ranks first with a trading volume of $23.35 billion, followed closely by Bitget with a trading volume of $15.95 billion, while Coinbase ranks third with $12.61 billion. 💰
In terms of Ethereum contract trading volume, Bitget performed well, ranking third with a trading volume of $5.29 billion, while the top two positions are occupied by Binance and OKX. 📈
The Bitcoin market remains vibrant, and the future is promising! 🚀
Odaily Planet Daily News 🌟 Against the backdrop of global regulatory dynamics and industry trends, the Bitcoin (BTC) market is making waves again! OKX market data shows that BTC briefly broke through the 98,000 USDT mark and then fell back slightly, currently at 97,999.5 USDT. Although the 24-hour decline narrowed to 4.11%, Bitcoin still showed strong market resilience. 💪 As global regulation of cryptocurrencies gradually becomes clearer, Bitcoin's position as digital gold has become increasingly solid, and investors are still full of expectations for its future performance. 📈 Let's wait and see whether Bitcoin can set new highs in the turbulent market!
Odaily Planet Daily Latest News! According to monitoring by Lookonchain, Mocaverse's operating expenses and liquidity wallet transferred 24.5 million MOCA, worth up to 10 million USD, to multiple exchanges (Gate, KuCoin, Bybit, and Bitget) in just two hours! 💰 This massive transfer may be for market making to enhance market liquidity. Although the cryptocurrency market is volatile, Bitcoin remains the 'anchor' in the hearts of investors! 🌟 In the context of increasingly strict global regulations, market participants need to stay vigilant and closely monitor industry trends. 📈
Odaily Planet Daily latest news📊, as of December 24, Hong Kong ETFs have performed remarkably in the crypto market! The Bitcoin holding has reached 4,290 coins, with a total net asset value of 403 million USD💰, demonstrating investors' sustained confidence in Bitcoin. Meanwhile, the Ethereum holding has also reached 1,890 coins, with a total net asset value of 64.22 million USD. Despite the ever-changing market, Hong Kong ETFs maintain a strong position in the cryptocurrency sector. Bitcoin's status as digital gold is increasingly solidified, while Ethereum continues to attract attention.🔍 Let us keep a close watch on the dynamic developments in this field!
Odaily Planet Daily News📈: The venture capital database Pitchbook predicts in its 2025 Corporate Technology Outlook report that next year, venture capital firms will significantly increase their investments in cryptocurrencies, with expected investments exceeding $18 billion, nearly double that of 2024! Although this figure is still lower than the peaks of 2021 and 2022, market confidence is expected to strengthen with the participation of comprehensive venture capital firms and large financial institutions such as BlackRock, Franklin Templeton, and Goldman Sachs. Bitcoin, as the leader of cryptocurrencies, may continue to lead the market trend, which is worth looking forward to! 🚀
The latest report from the Bank of Italy expresses concerns about the peer-to-peer (P2P) system of Bitcoin, stating that it could become a 'crime-as-a-service' platform. The report points out that the anonymity of Bitcoin transactions may foster illegal activities such as money laundering, but the P2P service itself does not have criminal性质. 🌐
In regions with weak anti-money laundering regulations, Bitcoin platforms are more susceptible to abuse, especially in countries identified as high risk by the FATF. The report also mentions that the lack of centralized control in the DeFi sector poses challenges for regulation, necessitating innovative approaches to ensure compliance. 🔍
Despite this, we remain optimistic about the future of Bitcoin, as its technological potential cannot be overlooked! 🚀
Odaily Planet Daily News 🌍 Yesterday, there was a net outflow of $340.09 million from the United States Bitcoin spot ETF (excluding Franklin EZBC), marking the fourth consecutive trading day of net outflow trends. Nevertheless, Bitcoin continues to demonstrate strong vitality, and investors remain optimistic about its long-term potential. 📈
The global regulatory dynamics have a significant impact on the market, and investors need to closely monitor the opportunities and challenges brought by policy changes. 🔍 In this unpredictable market, maintaining rationality and flexibility is key to success. 💡
Let us wait and see if Bitcoin can continue to showcase its unique value in the future! 🚀
Odaily Planet Daily News📊: Global financial giants BlackRock and Fidelity are demonstrating strong influence in the Bitcoin market! Data shows that these two companies currently hold nearly $50 billion worth of Bitcoin (BTC).💰
This not only shows institutional investors' confidence in Bitcoin but may also indicate further maturity of the market in the future. Despite the cryptocurrency market's volatility, Bitcoin remains 'digital gold' in the eyes of many investors.🌟
As global regulatory policies gradually become clearer, institutional participation may bring more stability and growth opportunities to the market.📈
Odaily Planet Daily News 🌍 South African Member of Parliament Mzwanele Manyi recently posted on X, stating that Bitcoin is rising comprehensively! He believes that Bitcoin will devalue gold, and this trend is unstoppable. 💪 Manyi suggested that South Africa should use Bitcoin to hedge against the devaluation risk of gold reserves. He optimistically stated that through Bitcoin, South Africa could settle its national debt within two years and have funds to promote industrialization. Although the market attitude is neutral, the potential of Bitcoin should not be underestimated! 🚀