💭 Former Binance CEO Changpeng Zhao (CZ) shared valuable advice for startups:
«Instead of endless pitches and selfies at conferences, focus on building a minimum viable product (MVP)».
He encouraged startups to skip the empty talk and showcase real achievements — a good product speaks for itself.
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🇨🇳 On the homepage of Alipay, China's largest payment platform with over 1 billion users,Han advertisement for cryptocurrency funds has appeared.
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🇮🇳 India is preparing for a shift to a CBDC-based economy — the country's central bank is confident that the digital rupee could completely replace the "inconvenient" (hard-to-track) paper economy in the future.
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⚡ Marathon has acquired 11 774 BTC for ~$1.1 billion at $96 000 per Bitcoin.
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🇦🇪 The UAE Central Bank has approved the launch of AED Coin, the country's first stablecoin pegged to the dirham.
According to the development team, the launch of this stablecoin will address the needs of individuals and businesses by providing a secure and stable payment instrument.
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🇮🇷 The Iranian government holds cryptocurrencies worth $50 billion, which accounts for about a third of the national gold market, with daily cryptocurrency trading volumes in the country reaching $143 million.
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🇨🇿 The Czech Republic will allow crypto companies to open bank accounts.
Earlier, the Czech Parliament abolished the capital gains tax on BTC if it was held for more than three years.
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🐋 During today’s drop in BTC to $90 500, major players demonstrated that “smart money” knows how to capitalize on moments of market panic. BlackRock and Marathon purchased 7 750 BTC and 1 423 BTC, respectively.
The price of the leading cryptocurrency plummeted by over 13% — from a historical high above $104 000 to $90 500, before starting to recover and reaching $98 000.
Such actions by investors highlight a strategic approach: buying when the market is under pressure and laying the groundwork for future growth.
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🪒 Last night, Bitcoin briefly plunged to $90 500 — over the past 12 hours, traders' positions worth $725 million were liquidated, most of them being long positions.
Currently, the leading cryptocurrency has recovered and is trading around $98 000.
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🇺🇸 President-elect Trump officially selects pro-crypto Paul Atkins to replace Gary Gensler as SEC Chair.
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🪙 14 years since Satoshi Nakamoto's disappearance
On December 12, 2010, the creator of Bitcoin, known under the pseudonym Satoshi Nakamoto, posted his final message on the BitcoinTalk forum. In it, he discussed issues related to DoS attacks on the network.
Since then, Nakamoto has vanished without a trace, leaving behind a mystery that continues to intrigue the crypto community to this day.
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🕵️♂️ User fell victim to scammers, giving away 80.7 SolvBTC (wrapped Bitcoin) worth $7 800 000 by signing a phishing transaction.
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🪙 Ripple has received final approval from the New York State Department of Financial Services to launch its own stablecoin, RLUSD.
Initially, RLUSD will be issued on the XRP Ledger and Ethereum blockchains.
Many analysts view Ripple's stablecoin as a direct competitor to USDT and USDC.
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🪙 Circle Expands into the Middle East with ADGM Incorporation and Strategic Partnership with LuLu Financial Holdings.
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🪙 Tether’s USD₮ Recognized as Accepted Virtual Asset in the Abu Dhabi Global Market (ADGM).
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🇨🇳 Former Binance CEO Changpeng Zhao stated that China will inevitably create a strategic Bitcoin reserve.
According to him, the Chinese government will not announce the creation of the reserve publicly but will do so post-factum.
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⚒️ Riot Platforms, one of the largest American miners, will raise $500 000 000 to buy BTC.
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🪙 Amazon shareholders call on its Board to consider investing in Bitcoin.
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🪙 Florida Plans to Establish a Strategic Bitcoin Reserve by 2025
The state has already invested $800 million in crypto assets through its pension fund and intends to allocate 1% of the fund's assets ($1.857 billion) to create the reserve. Additionally, there are discussions about using the budget surplus ($116.5 billion) for investments.
Florida could become a pioneer among U.S. states in integrating Bitcoin at the government level.
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⚡️ FED Chair Jerome Powell says Bitcoin "is a competitor with Gold, not the US Dollar."
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🪙 The record holders for the amount of BTC remain cryptocurrency exchanges (3 500 000 BTC) and miners (2 000 000 BTC), with Bitcoin ETFs in third place (1 171 000 BTC).
Notably, a single ETF from BlackRock holds more coins (500 000 BTC) than all publicly traded companies combined.
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🤡 Paul Atkins, Trump's pick for SEC chairman, reluctant to accept the job.
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🇰🇷 Bitcoin Drops Below $94 000 Amid South Korea’s Martial Law
South Korea's declaration of martial law sent Bitcoin tumbling below $94 000, with $145M in long positions liquidated within an hour.
Local exchanges, Upbit and Bithumb, faced outages as altcoins in KRW pairs dropped up to 60%. Some traders snagged BTC at $80 000 before the price began recovering.
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