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⚡️ Ripple stablecoin gets final approval from NYDFS @just 📄
⚡️ Ripple launched the RLUSD stablecoin with NYDFS approval

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❕ Nigerian SEC threatens jail for crypto promotions

The Nigerian SEC may impose three-year jail terms on celebrities and influencers who fail to label crypto promotions as sponsored content.

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🪙 BTC new ATH: $108,000

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💲 Tether invests in Maltese firm amid MiCA implementation

Tether revealed its investment in Malta-based StablR. This strategic move aligns with Europe’s forthcoming enforcement of the Markets in Crypto-Assets Regulation, effective Dec. 30, 2024.

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⭐️ Ohio leads with BTC reserve initiative

Ohio has introduced a pioneering bill to establish a Bitcoin reserve, spearheaded by State Representative Wes Goodman, potentially positioning the state as the first in the US to hold BTC as a reserve asset.

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📣 Criticism of Coinbase over WBTC delisting

Coinbase faces criticism from the crypto community for the lack of technical reasons in its decision to delist WBTC, instead attributing the action to risks associated with Justin Sun.

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President Trump’s speech reiterated his willingness to actively participate in shaping important crypto policies to establish the US as a leading force in the global crypto arena.

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🔽 Fed’s BTC power limited causes price drop

Jerome Powell confirmed that the Federal Reserve cannot hold Bitcoin due to legal restrictions, leaving the decision to Congress. Bitcoin fell to around $100,300 after his remarks.

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❕ El Salvador agrees to IMF loan with BTC restrictions

El Salvador and the IMF have agreed on a $1.4B loan, conditional on scaling back positive Bitcoin policies. Critics accuse President Bukele of succumbing to international pressure.

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📣 CoinDesk removes article after Justin Sun’s objection

A CoinDesk article on Justin Sun’s banana-buying stunt was removed following his complaint about its tone.

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🔽 Fed’s BTC power limited causes price drop Jerome Powell confirmed that the Federal Reserve cannot hold Bitcoin due to legal restrictions, leaving the decision to Congress. Bitcoin fell to around $100,300 after his remarks. @just 📄
🪙 Investors continue to accumulate BTC amid a crashing market

Despite market turmoil and $1B in leveraged liquidations over past 24 hours after the Fed’s hawkish message, Bitcoin has surged 130% this year, with continued investor accumulation.

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🔽 Massive crypto market crash: $310B lost in a day

The cryptocurrency market experienced a significant crash, losing $310 billion within 24 hours. The global market cap dropped by 7.90%, falling from $3.56 trillion to $3.25 trillion.

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📣 Russia’s Central Bank rejects crypto investments

The Governor of the Central Bank, Elvira Nabiullina, has confirmed that there are no plans to invest in cryptocurrencies and reiterated the bank’s stance against using them for domestic payments.

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⭐️ Just a market crash (read why) with minimum and maximum falls of the week.

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💲 Tether commits $775M to Rumble

Tether has invested $775 million in the growing streaming platform Rumble, which is implementing a Bitcoin reserve strategy.

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📣 Tether to launch AI platform in Q1 2025

Tether’s CEO Paolo Ardoino announced that the company is entering the artificial intelligence space, with a draft site ready and an official launch planned for the end of Q1 2025.

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🔥 Crypto firms support Trump’s inauguration

Kraken, Ripple, and Ondo pledge donations to President-elect Trump’s inaugural committee, boosting financial support from the cryptocurrency sector.

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🔽 Analysis: Is altcoin season is over?

Key points:

• Potential altcoin investors should heed warning signals.
• The altcoin season index has fallen below 50%, reaching a new monthly low.


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