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El Salvador Increases Daily Bitcoin Purchases, Targets Another 20,000
According to BlockBeats, El Salvador’s President Nayib Bukele has intensified the country’s daily efforts to collect bitcoin. Max Keiser, the president’s top bitcoin advisor, revealed that the administration’s medium-term goal is to collect an additional 20,000 bitcoins

BNB drops below 660 USDT, down 1.45% in 24 hours
On December 21, 2024, at 21:37 (UTC). According to Binance Market Data, BNB dropped below 660 USDT and is now trading at 659.820007 USDT, down a small 1.45% in 24 hours

Bitcoin (BTC) drops below 97,000 USDT with a narrow increase of 0.65% in 24 hours
On December 21, 2024, at 21:39 (UTC). According to Binance Market Data, Bitcoin price dropped below 97,000 USDT and is now trading at 96,908.039063 USDT, with a narrow increase of 0.65% in 24 hours

Ethereum (ETH) drops below 3,300 USDT, down 4.64% in 24 hours
On December 21, 2024, at 22:11 PM (UTC). According to Binance Market data, Ethereum price dropped below 3,300 USDT and is now trading at 3,298.97998 USDT, down 4.64% in 24 hours

Solana funds stolen in DEXX attack are being moved to Ethereum
AI Summary
Stolen Solana funds are being moved to Ethereum using Wormhole, highlighting the challenges in tracking illicit crypto assets and the need for enhanced security measures.
According to Odaily, the DEXX attacker is actively consolidating stolen funds on the Solana blockchain. These funds are being collected into a central address before being split and laundered. Some of these assets are now being moved to Ethereum using the Wormhole cross-chain service, with the destination address beginning with 0xffe224e.
The movement of these funds highlights the ongoing challenges in tracking and recovering stolen crypto assets. The use of cross-chain services like Wormhole complicates efforts to track the flow of illicit funds, as they allow for seamless transfers between different blockchain networks. This development underscores the need for enhanced security measures and monitoring systems within the crypto ecosystem to prevent such incidents and facilitate the recovery of stolen assets.
This incident serves as a reminder of the vulnerabilities that exist in DeFi platforms and the importance of strong security protocols. As the investigation continues, stakeholders in the cryptocurrency community are urged to remain vigilant and proactive in protecting their assets against potential threats.

Survey Reveals Factors Influencing Bitcoin Investment Decisions
Artificial Intelligence Summary
Factors influencing Bitcoin investment decisions include price, regulation, and strategic reserves. Investors should carefully consider their investment strategy and avoid waiting for a price drop that may never happen.
According to Odaily, a recent survey conducted by VanEck’s Head of Digital Asset Research, Matthew Siegel, shed light on the factors that influence potential investors’ decisions to increase their Bitcoin holdings. The results of the survey, shared on social media platform X, indicate that 49% of respondents are waiting for a price drop before investing in Bitcoin. Meanwhile, 46% are looking for new regulatory developments, and 24% are interested in the possibility of a US strategic reserve of Bitcoin. Notably, 9% of respondents cannot imagine buying Bitcoin at all. Respondents were allowed to select multiple options, reflecting the diverse considerations that influence investment strategies.
Finance Chief Investment Officer Matt Hogan responded to the findings, offering advice for those waiting for a price drop. He suggested that individuals should set a specific price point at which they plan to buy Bitcoin and stick to that decision.Hogan pointed out that

Fed’s Daly Stresses Policy Adjustment with Caution
AI Summary
The Fed is emphasizing the need for cautious policy adjustments, prioritizing controlling inflation while promoting economic stability, and Daly’s comments suggest a measured approach to balancing these goals.
According to O’Daly, Fed President Mary Daly said there is no rush to adjust monetary policy. Daly stressed the importance of carefully calibrating policy, noting that a decision will be made at the December meeting. She noted that significant work remains to achieve 2% inflation and sustainable economic growth. Inflation remains the primary challenge facing individuals, highlighting the need for strategic and measured policy actions to address these economic issues. The Fed continues to focus on striking a balance between controlling inflation and promoting long-term economic stability, reflecting the complexities of the current economic landscape. Daly’s comments suggest a measured approach as the Fed navigates these challenges, seeking to ensure that both its inflation and economic growth goals are effectively met

Solana funds stolen in DEXX attack are being moved to Ethereum
AI Summary
Stolen Solana funds are being moved to Ethereum using Wormhole, highlighting the challenges in tracking illicit crypto assets and the need for enhanced security measures.
According to Odaily, the DEXX attacker is actively consolidating stolen funds on the Solana blockchain. These funds are being collected into a central address before being split and laundered. Some of these assets are now being moved to Ethereum using the Wormhole cross-chain service, with the destination address beginning with 0xffe224e.
The movement of these funds highlights the ongoing challenges in tracking and recovering stolen crypto assets. The use of cross-chain services like Wormhole complicates efforts to track the flow of illicit funds, as they allow for seamless transfers between different blockchain networks. This development underscores the need for enhanced security measures and monitoring systems within the crypto ecosystem to prevent such incidents and facilitate the recovery of stolen assets.
This incident serves as a reminder of the vulnerabilities that exist in DeFi platforms and the importance of strong security protocols. As the investigation continues, stakeholders in the cryptocurrency community are urged to remain vigilant and proactive in protecting their assets against potential threats.

Telegram’s Revenue Soars in H1 2024
AI Summary
Telegram’s revenue soared in the first half of 2024, driven by a one-time advertising deal, indicating the company’s strong financial performance and potential for future growth.
According to BlockBeats, financial documents reveal that Telegram’s revenue reached $525 million in the first half of 2024, a 190% increase compared to the same period in 2023. A large portion of that revenue, $225 million, came from a one-time advertising deal on Toncoin. Telegram’s digital asset value has seen a significant increase, rising from nearly $400 million at the end of last year to $1.3 billion by mid-2024.
The documents indicate that nearly half of the revenue came from a one-time deal with an undisclosed organization. Under the terms of the deal, Telegram was compensated for allowing the Toncoin cryptocurrency to be the exclusive payment method for small businesses buying ads on the platform. The exclusive deal was signed on October 1. Telegram reported an after-tax profit of $335 million in the first half of this year. This performance contrasts with the company’s full-year 2023 financial results, which recorded $342 million in revenue.

Ethereum has been identified as a triple-character asset
AI Summary
Ethereum’s unique position as a “triple-character asset” refers to its importance in the crypto space, offering a combination of capital appreciation, value preservation, and income generation.
According to BlackBits, on November 26, Tomino, founder of 1confirmation, shared insights into Ethereum’s unique position as a ‘triple-character’ asset. Tomino highlighted the multifaceted nature of Ethereum, emphasizing its role as a capital asset, a store of value, and an income-generating asset.
Tomino described Ethereum as a capital asset, noting its representation of ownership in the developer ecosystem that drives innovation in the crypto world. This includes areas such as decentralized finance (DeFi), non-fungible tokens (NFTs), prediction markets, and decentralized social platforms. He noted that the Ethereum ecosystem supports a wide range of applications and innovations, making it an important player in the crypto space.
Furthermore, Tomino identified Ethereum as a store of value, noting its low inflation rate compared to Bitcoin. He also mentioned that Ethereum serves as a foundational asset for decentralized finance, highlighting its importance in the financial landscape. This aspect positions Ethereum as a reliable store of value for those looking to preserve value over time. Finally, Tomino pointed to Ethereum’s role as an income-generating asset, with an annual return

Google warns of AI-powered scams and deepfake threats
Artificial Intelligence Summary
Scams powered by AI, including deepfakes and cryptocurrency scams, are on the rise, exploiting major events and advanced technologies. Google advises vigilance, emphasizing the importance of skepticism and using preventative measures to combat these sophisticated threats.
According to ShibDaily, Google has issued a warning about the increasing sophistication of AI-powered scams, including fake identity theft, cryptocurrency investment scams, and deceptive app cloning. The company’s Trust and Safety team highlighted these trends in a new advisory on online fraud, highlighting how scammers are exploiting emerging technologies and major events to deceive users around the world.
Among the primary threats Google has identified is the misuse of AI-powered deepfakes to impersonate public figures. These impersonations have been used to promote fraudulent schemes, such as fake investment opportunities and free giveaways. In response, Google has updated its policies to address scams created using.

ZetaChain Receives Recognition from Dubai Financial Services Authority
Artificial Intelligence Summary
ZetaChain’s recognition by the Dubai Financial Services Authority (DFSA) demonstrates its regulatory compliance and strengthens its global presence, positioning it for wider adoption and integration into the blockchain ecosystem.
According to Odaily, the Dubai Financial Services Authority (DFSA) has officially recognized ZetaChain (ZETA) in accordance with the requirements outlined in General 3A.3.4. This recognition marks a significant milestone for ZetaChain, a global blockchain platform that provides native access to multiple blockchains, including Bitcoin. The DFSA’s accreditation enhances ZetaChain’s credibility and expands its global reach.
ZetaChain’s ability to seamlessly interact with multiple blockchains makes it a versatile player in the blockchain ecosystem. The DFSA’s recognition not only confirms the platform’s compliance with regulatory standards, but also enhances its reputation in the international financial landscape. This development is expected to facilitate wider adoption and integration of ZetaChain technology across various sectors, enhancing its role in the blockchain industry. The DFSA’s decision to recognize ZetaChain reflects the growing importance of blockchain technology in the financial sector. As regulators continue to evaluate and approve blockchain platforms, the industry is likely to see

Ethereum’s Future Discussed at Devcon Bangkok
AI Briefing
The future of Ethereum is being debated, with some arguing for proven native rollups through zk to enhance scalability and security while others advocate for existing layer-2 solutions.
According to Blockworks, the recent Devcon Bangkok event sparked important discussions about the future of Ethereum, particularly regarding layer-2 rollups. Martin Koeppelmann of Gnosis gave a keynote speech, where he challenged the current approach to layer-2 solutions and advocated for Ethereum to develop its own proven rollups. Koeppelmann criticized existing rollups like Base, arguing that they are turning users into corporate-controlled platforms rather than Ethereum itself. He expressed concerns about potential shareholder-driven decisions that could impose additional fees, undermining Ethereum’s core principles.
Koppelmann highlighted the marketing claim that rollups inherit Ethereum’s security, noting that in practice, none currently do. He pointed out weaknesses such as the ability of centralized chains to censor withdrawals or manipulate the state of decentralized finance platforms. Additionally, he noted that most of the assets in the pools are native to those chains and are not subject to Ethereum’s security guarantees. Kopelman proposed creating 128 identical, native L2s, which

Monochrome Bitcoin ETF Holds 221 BTC with $30.7M AUM
AI Summary
The holdings and performance of the Monochrome Bitcoin ETF reflect the growing interest in Bitcoin through regulated financial products in Australia, providing investors with alternative exposure to the cryptocurrency.
According to Odaily, the Australian Monochrome Spot Bitcoin ETF (IBTC) reported holdings of 221 BTC as of November 14. The ETF’s assets under management (AUM) are around $30.7 million.
This development highlights the growing interest and investment in Bitcoin through regulated financial products in Australia. The Monochrome Bitcoin ETF provides investors with a way to gain exposure to Bitcoin without directly purchasing the cryptocurrency. This approach is particularly attractive to institutional investors and those looking for a more traditional investment vehicle.
The fund’s performance and shareholding are closely watched by investors and analysts, as they reflect broader market trends and sentiment towards Bitcoin. The current holding of 221 BTC indicates a significant level of investment and confidence in the potential of the cryptocurrency. As the Bitcoin ETF market continues to develop, the performance of the Monochrome ETF will be a key indicator of investor interest and market dynamics in the region.

Exodus CEO Discusses SEC Challenges Amid Regulatory Changes
AI Summary
The crypto industry is facing regulatory shifts, with Exodus CEO expressing dissatisfaction with the SEC’s approach. Despite the expected changes under Trump, the SEC’s reforms are expected to take some time, highlighting the need for regulatory adaptation to support innovation.
According to Blockworks, the regulatory landscape for the crypto industry is expected to change following the recent election, which could impact companies like Exodus, a software wallet provider. Exodus CEO J.P. Richardson expressed his dissatisfaction with the SEC after the company’s IPO was unexpectedly delayed in May. Richardson stated that Exodus has been transparent and responsive throughout the SEC review process, making the delay surprising and confusing.
Elliot Chun, a partner at consulting firm Architect Partners, criticized the SEC’s approach, calling it lacking a clear framework and targeting every crypto company. An SEC spokesperson declined to comment on individual companies. Richardson, who has supported Donald Trump, shared the Exodus story.
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Survey shows retail investors show low interest in crypto ETFs
AI Summary
Retail investor enthusiasm for crypto ETFs is waning, with only 10% of advisors increasing their exposure, indicating a potential “crypto fatigue” among younger investors.
According to Blockworks, a recent survey by ETF.com highlights a decline in interest in crypto ETFs and ESG funds among retail investors over the next six months. The 2024 Global Investor Survey reveals that between 70% and 80% of investors are currently not holding positions in leveraged, inverse, and crypto ETFs. Additionally, only 10% of financial advisors have increased their exposure to crypto over the past six months, and only 7.4% of investors consider crypto one of the top five sectors they would like to invest in over the first half of next year.
Gavin Fillmore, chief revenue officer at Tidal Financial Group, expressed surprise at the findings, attributing the decline in interest to potential “crypto fatigue” among younger investors who may feel overexposed.Despite the recent surge in Bitcoin prices, which have reached nearly $90,000, the survey results reflect sentiment gathered from over 600 respondents between August 15 and October 1. This period precedes major developments such as recent political victories for crypto-friendly candidates and growing interest in Bitcoin ETFs in the US, which have seen significant net inflows. Interestingly, the survey is sponsored by Vanguard, a major asset manager that has previously stated that cryptocurrencies do not belong in a well-balanced investment portfolio over the long term. It remains to be seen whether Vanguard’s view on crypto will evolve in the coming months, especially as post-election sentiment is picked up in future surveys. The survey results point to a potential shift in investor interest and highlight the dynamic nature of the crypto market.

BNB surpasses 640 USDT, up 2.57% in 24 hours
On November 10, 2024, at 11:46 AM (UTC time). According to Binance Market Data, BNB surpassed the 640 USDT benchmark and is now trading at 640.809998 USDT, up a meager 2.57% in 24 hours.
#BNB
Disclaimer: Contains opinions from third parties. Not financial advice. May contain sponsored content. See terms and conditions.
BNB

Bitcoin (BTC) surpasses 80,000 USDT, up 4.60% in 24 hours
On November 10, 2024, at 11:59 AM (UTC), according to Binance Market Data, Bitcoin (BTC) surpassed the 80,000 USDT mark and is now trading at 80,000 USDT, up 4.60% in 24 hours

MicroStrategy Founder Hints at Potential Bitcoin Acquisition
AI Summary
MicroStrategy founder Michael Saylor recently hinted at the possibility of more Bitcoin acquisitions in a post on the X platform, according to Odaily. Saylor suggested that the website “saylortracker” could use more “green dots,” which symbolize Bitcoin purchases. The statement sparked speculation about MicroStrategy’s future investment strategies in the cryptocurrency market.
MicroStrategy has been a significant player in the Bitcoin market, with its holdings reportedly generating over $10 billion in unrealized gains. The company’s strategy to acquire Bitcoin as a primary reserve asset has been closely watched by industry analysts and investors alike. Saylor’s recent comments have reignited discussions about the company’s potential moves into the crypto space, as the website “saylortracker” is known for tracking MicroStrategy’s bitcoin purchase history. Saylor’s mention of the “green dots” is seen as a subtle sign of his continued confidence in the long-term value of bitcoin. This comes at a time when the crypto market is experiencing volatility, with investors closely watching the actions of large institutional players like MicroStrategy.As the company continues to navigate the evolving digital asset landscape, Saylor’s comments suggest that more Bitcoin investments may be on the horizon, in line with MicroStrategy’s continued commitment to its crypto strategy.

Ethereum (ETH) drops below 3,200 USDT with a narrow increase of 5.37% in 24 hours
On November 10, 2024, at 13:26 (UTC). According to Binance Market data, the price of Ethereum dropped below 3,200 USDT and is now trading at 3,199.800049 USDT, with a narrow increase of 5.37% in 24 hours.
#ETH
Disclaimer: Contains opinions of third parties. Not financial advice. May contain sponsored content. See Terms and Conditions