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Cointelegraph covers Fintech, Blockchain and Bitcoin bringing you the latest news and analyses on the future of money. For advertising enquiries please contact advertise@cointelegraph.com

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🚨 NEW: Former FTX executive Ryan Salame has had over a year reduced from his prison sentence and is now scheduled for release on March 1, 2031.

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🚨 JUST IN: Brazil’s central bank has proposed banning stablecoin transfers to self-custodial wallets like MetaMask and Trezor.

Industry experts believe this move could inadvertently accelerate the shift toward decentralization.

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🔥 NOW: Publicly traded company KULR has purchased 217 BTC for $21 million as part of its strategic #Bitcoin reserve, with the purchase price set at $96,556 per $BTC.

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🔥 BULLISH: Some analysts believe Bitcoin is closer to the $1,000,000 mark than it seems.

Throughout its history, $BTC has multiplied its value by 10 eight times (starting from $0.01), and just one more 10x rally could take it to $1 million.

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📊 INSIGHT: Binance #Bitcoin reserves hit January levels — months before BTC jumped 90%

With the reserves falling under 570,000 BTC, the lowest level since January, will history repeat itself?

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📈 INSIGHT: Redemption arcs of 2024 — Ripple’s victory, memecoins’ rise, RWA growth

XRP soared this year following a significant legal victory for Ripple Labs, while PEPE and WIF rallied over 1,200% each amid a memecoin market revival.

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🔥 BlackRock CEO Larry Fink says tokenizing assets and securities could revolutionize finance.

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🔥 LATEST: Ether ETFs have seen over $2.5B in inflows despite a 16% drop from last week's high of $4,100.

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⚡️ NEW: Chief analyst at Bitget Research predicts "the expected trading range for $BTC this week is $94K - $105K."

“Post-Christmas, market activity typically picks up again, with funds expected to actively position for sectors that might benefit from Trump's upcoming inauguration.”

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🗞 Catch up on the news over the last 24 hours!

🪙 Floki launches the "University of Floki."

💳 Visa’s Cuy Sheffield says stablecoins can modernize payments.

📈 BlackRock and Fidelity now hold almost $50B worth of Bitcoin combined.

⛏️ Less than 6% of Bitcoin’s total supply is left to be mined.

🇸🇻 El Salvador has bought 25 BTC worth over $2.4M after securing an IMF loan.

📊 Ethereum’s total value locked surpassed $90B this month.

🐕 Memecoins lead crypto investor interest in 2024, says CoinGecko.

🎅 Bitcoin is up 125% since last Christmas.

🇹🇷 Turkey now requires ID for crypto transactions over $425.

🚨 Scammer steals $500K by hacking 15 X accounts with phishing emails.

📉 Despite Bitcoin’s 113% rise in 2024, most mining stocks are down.

🌏 South Korea’s crypto adoption is booming.

⚖️ A Montenegro court rejected Do Kwon's appeal to stop his extradition.

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🇰🇷 BULLISH: South Korea’s Crypto Adoption Is Booming!

• 45% of economically active citizens own crypto (15.6M people).
• $69B held in digital assets; avg portfolio size: $4,400.
• 100K new investors join the market every month.
• Top 5 exchanges trade $10B daily, rivaling KOSDAQ.

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🔥 NEW: In 2024, #Bitcoin obituaries have lost all relevance, similar to predictions about the end of the world in 2012.

While figures like Jim Cramer still proclaim $BTC “dead,” their words are widely disregarded.

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🚨 JUST IN: Turkey has passed a law requiring cryptocurrency users to provide identification data for transactions exceeding $425.

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⚡ LATEST: Memecoins take top spot for crypto investor interest in 2024: CoinGecko

Memecoin interest in 2024 was largely directed to #Solana-based tokens, followed by those on L2 Base, according to a CoinGecko study.

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🔥 SAYLOR: “Dump your gold, sell all the US gold and buy #Bitcoin.”

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🇺🇸 NEW: The U.S. Congress is expected to prioritize crypto legislation in 2025, focusing on key issues like stablecoins and the FIT21 Act.

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📈 NEW: Vitalik Buterin donated $290,000 to the Khao Kheow Zoo, sparking a surge in the Moodeng token.

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🇯🇵 Japan's PM Shigeru Ishiba said the government lacks sufficient information to consider a Bitcoin strategic reserve.

This comes as the U.S. and Brazil explore similar initiatives.

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📈 INSIGHT: #Solana's DEX volume was 83.7% larger than Ethereum's in November.

Solana: $129.7B

Ethereum: $70.6B

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📈🔥 SAYLOR: “I bought #Bitcoin, my goal is to buy more Bitcoin.”

MicroStrategy has bought 57,562 $BTC worth about $5.6 billion within this month alone!

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⚡️ LATEST: Bitcoin and Solana hit all-time highs in monthly trading volume last month.

Meanwhile, Ethereum remains around 50% below its 2021 peak.

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⚡️ NEW: In 2024, nearly $15 billion was distributed through airdrops.

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🔥 JUST IN: Solana-based Agridex completed its first on-chain coffee trade.

UK’s Tiki Tonga Coffee exported coffee to South Africa, with payment made in South African rands and settled in British pounds on the Agridex blockchain.

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🔥 RFK JR: "I'm a huge supporter of Bitcoin. I was here a year ago at the other Bitcoin conference."

"I went home and put most of my wealth into Bitcoin, so I'm fully committed."

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🇲🇪 NEW: A Montenegro court rejected Terra founder Do Kwon's appeal to cancel his extradition. The decision on whether to send him to the U.S. or South Korea is now with Minister of Justice Bojan Božović.

Kwon, arrested on March 23, 2023, faces charges for using fake documents, and his company Terraform Labs is liquidating after settling $4.47 billion in SEC fraud claims.

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📊 UPDATE: Despite Bitcoin’s 113% surge in 2024, most publicly listed mining stocks are ending the year in the red.

Rising costs and halving impacts left only seven miners with year-to-date gains.

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🚨 ALERT: A scammer stole approximately $500,000 by hacking over 15 accounts on 𝕏 (Twitter) through phishing emails impersonating the platform’s team, then used the accounts to promote their own meme tokens.

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🔥 UPDATE: #Bitcoin is up by 125% since last year’s Christmas. 🎅

2023: $43,590
2024: $98,155

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🔥 BULLISH: The total value locked on #Ethereum surpassed $90B this month

Its first time Ethereum's TVL has hit that high since April 2022.

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📊 INSIGHT: Ethereum’s relative strength to Bitcoin could climb in January, which an analyst says might trigger an #Ethereum “altcoin run.”

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