How Hong Kong’s forward-thinking legislator, Wu Jiexhuang, is pushing to include Bitcoin in the city’s national reserves, comparing this idea with the experiences of other nations like El Salvador. The piece could analyze the implications for Hong Kong’s financial landscape, including its potential to attract global investments and talent. “The Future of Finance: How Bitcoin Could Revolutionize National Reserves” Focusing …
Cryptocurrency News
December, 2024
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30 December
Why Investors Are Choosing Lightchain AI Over Dogecoin and Tron: The Next Big Crypto Bet?
Why Investors Are Flocking to Lightchain AI Over Dogecoin and Tron: The Future of Crypto Innovation As the cryptocurrency market matures, investors are constantly on the lookout for the next breakthrough token. While established names like Dogecoin (DOGE) and Tron (TRX) continue to hold significant market presence, a new contender, Lightchain AI (LCAI), is quickly rising in popularity. With its …
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30 December
Final Countdown: Ethereum Whale Completes Liquidation, What’s Next for ETH?
Ethereum Whale Nears End of Massive Sell-Off, Market Awaits Stabilization Whale’s Exit Could Bring Relief to Ethereum Price, Will the Bulls Return? Ethereum’s Whale Liquidation Winds Down: Key Levels to Watch for Price Stability After $171 Million Sell-Off, Ethereum Whale Nears the End of Liquidation Phase Ethereum Faces Key Support as Whale Liquidation Nears Completion The massive liquidation of an …
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28 December
Tether Takes the Leap: First VC Investment of $2M in Arcanum’s Web3 Fund
Tether, the company behind the world’s largest stablecoin, USDT, has made its first venture capital (VC) investment, committing a substantial $2 million to Arcanum’s Web3 Fund. This move marks a significant step for Tether as it expands its operations beyond stablecoins and enters the rapidly growing world of Web3 technologies. What is Arcanum’s Web3 Fund? Arcanum’s Web3 Fund is designed …
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28 December
Vivek Ramaswamy’s Strive Launches ETF Targeting Bitcoin-Linked Convertible Bonds
In an exciting development for the cryptocurrency and investment landscape, Vivek Ramaswamy’s investment firm, Strive, has officially filed to launch an exchange-traded fund (ETF) focused on Bitcoin-linked convertible bonds. This bold move signals Strive’s commitment to bringing innovative investment solutions to market and highlights the growing interest in blending traditional finance with the world of digital assets. What is a …
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28 December
Cardano Price Could Fall 57%, But 2025 Holds Massive Potential – Here’s How High ADA Could Soar
Cardano (ADA), one of the most promising blockchain platforms in the cryptocurrency world, has garnered significant attention over the years. With its focus on scalability, sustainability, and the academic approach behind its development, many investors and enthusiasts have been excited about the potential of Cardano. However, despite the optimistic outlook, recent market trends have sparked concerns that the Cardano price …
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28 December
NYSE-Listed KULR Tech Makes Bold Move: Acquires $21M in Bitcoin
In a groundbreaking move that has captured the attention of the financial and cryptocurrency communities, KULR Technology Group (KULR), a company listed on the New York Stock Exchange (NYSE), has announced that it has acquired $21 million in Bitcoin. This bold decision marks a significant shift in KULR’s investment strategy and signals the growing acceptance of cryptocurrencies in the corporate …
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28 December
Bitget to Burn 800M BGB Tokens: A Bold Move to Slash 40% of Supply
In a game-changing announcement, Bitget, a leading cryptocurrency exchange, revealed in its latest whitepaper that it plans to burn 800 million BGB tokens—equivalent to 40% of the total supply. This significant decision is expected to bolster the value of the exchange’s native token and enhance its ecosystem. The Burn Explained: What It Means for BGB Holders Token burns are a …
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28 December
Pig Butchering Crypto Scams Drain $3.6B from Victims in 2024, Report Reveals
In a startling new report, it has been revealed that “pig butchering” crypto scams have cost victims a staggering $3.6 billion in 2024 alone. This alarming rise in fraudulent activities highlights the growing sophistication of scammers preying on crypto investors and marks a significant increase compared to previous years. The report sheds light on the tactics employed by scammers and …
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28 December
Crypto Community Reacts Strongly to New IRS DeFi Reporting Rules
The crypto community is in an uproar following the release of new DeFi reporting rules by the Internal Revenue Service (IRS). These new regulations, aimed at increasing transparency and improving tax compliance within the rapidly growing decentralized finance (DeFi) sector, have sparked widespread debate among crypto enthusiasts, developers, and tax professionals. While the IRS aims to close potential loopholes and …