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Money & Crypto News

South Korea's Virtual Asset Trading Volume Surges, Accounting for 9.05% of Global Total🇰🇷

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Analysis: The US Government Moves Bitcoin to Coinbase or Custodial Behavior (worth $1.92 billion)💰

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US government moved almost $2 BILLION in Bitcoin to a new address 😠

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Japanese crypto exchange DMM Bitcoin to cease operations following a $300M hack in May❗️

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🪙 XRP has surged over 50% in the past 24 hours, pushing its market cap beyond $160 billion 📈

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🇧🇹 The amount of Bitcoin Bhutan has mined using renewable energy is equal to one-third of the country’s GDP 🙌

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Bitcoin balance on exchanges hit an all-time low of 2.27m BTC since December 3, 2023. Bitcoin is usually taken off exchanges for long-term holding.

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XRP became the 3rd largest cryptocurrency, surpassing Solana and USDT, as its price soared to $2.49 and market cap to $142bn, returning to pre-SEC lawsuit levels.

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Ava Labs Founder: Avalanche is Currently in Negotiations with the New US Government and Will Develop a Plan Accordingly🔴

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Bitwise CEO: In a Bull Market, Project Teams and Liquidity Providers Should Shift Mindset to Pursue Higher Market Caps 🐂

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30,000 Bitcoin have been withdrawn from exchanges this week 🔥

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Bitcoin's average price has historically shown significant gains in December following each halving event. Therefore, this month's returns are still worth looking forward to.

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Japan Considers New Legislation For Cryptocurrency Intermediaries

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Michael Saylor: 60 Public Companies Can Now Buy Bitcoin Through Stock Issuance📣

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Cardano founder Charles Hoskinson Predicts Bitcoin Could Hit $500K in 2 Years, Likening It to Gold for the Internet 💡📈

“It is my belief that Bitcoin is going to go to $250,000 to $500,000 within the next 12 to 24 months because of the investment inflows and the great interest that has been achieved,”

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Cambodia Blocks 16 Cryptocurrency Exchanges Including Binance and Coinbase‼️

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🇺🇸 University of Pennsylvania professor says “the biggest threat to the dollar being used as a as a reserve currency is Bitcoin” and “being talked about by many countries in the world as their alternative currency.” 🧐

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Marathon Digital adds 6,484 BTC, plans $700M in notes, and urges the U.S. to adopt Bitcoin as a strategic asset. Now the 2nd largest corporate BTC holder globally. 🟠

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Nearly 20,000 Bitcoin Shuffled by US Government Amid Talk of Strategic Reserve 💰

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🗞 December 2, 2024 cryptocurrency news highlights

【Cryptocurrency】
XRP became the 3rd largest cryptocurrency, surpassing Solana and USDT, as its price soared to $2.49 and market cap to $142bn, returning to pre-SEC lawsuit levels.

Economy
🇧🇹 The amount of Bitcoin Bhutan has mined using renewable energy is equal to one-third of the country’s GDP 🙌

Indicators
Bitcoin balance on exchanges hit an all-time low of 2.27m BTC since December 3, 2023. Bitcoin is usually taken off exchanges for long-term holding.

More
Ava Labs Founder: Avalanche is Currently in Negotiations with the New US Government and Will Develop a Plan Accordingly🔴

MicroStrategy Boosts Its Bitcoin Holdings by About $1.5 Billion to 15,400 BTC

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MicroStrategy Boosts Its Bitcoin Holdings by About $1.5 Billion to 15,400 BTC

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Bitcoin Falls Below $96,000

Bitcoin has dropped below $96,000, currently trading at $95,837, a 24-hour decrease of 0.63%.

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WSJ: Once Trump Returns to the White House, SEC May Ease Legal Battle on Crypto CEX👀

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Bitcoin has surpassed $98,000, now trading at $98,011, a 24-hour increase of 1.68%.💰📈

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The challenge of generating positive Bitcoin-denominated profits will transform institutional investing, as Bitcoin becomes increasingly scarce over time.💪

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🗞 December 1, 2024 cryptocurrency news highlights

【Cryptocurrency】
Japan Considers New Legislation For Cryptocurrency Intermediaries

Economy
South Korea delays cryptocurrency tax again until 2027 ⌚️

【Indicators
🐷 Long-term Bitcoin holders have sold 507K BTC since September, just over half of the 934K BTC sold during the March 2024 rally

More
Bitcoin's average price has historically shown significant gains in December following each halving event. Therefore, this month's returns are still worth looking forward to.

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Money & Crypto News

South Korea delays cryptocurrency tax again until 2027 ⌚️

Initially, South Korea planned to impose a 20% tax on cryptocurrency gains (22% as local tax), which was originally scheduled to take effect on January 1, 2022. Following today's press conference, the tax has been postponed again until 2027.

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Bitcoin dropped below $96,000, with a 0.66% decrease in the last 24 hours.📉

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Ether Soars Past $3,700 —Breakthrough Leads to Derivatives Shake-Up 🚀

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🐷 Long-term Bitcoin holders have sold 507K BTC since September, just over half of the 934K BTC sold during the March 2024 rally

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