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πŸ“£ 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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πŸ‘149πŸ”₯68❀37πŸ’―21
⭐️ Just a market crash (read why) with minimum and maximum falls of the week.

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3πŸ‘201πŸ”₯56❀26πŸ’―21
πŸ’² 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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3πŸ‘158πŸ”₯74❀33πŸ’―33
πŸ“£ 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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6πŸ‘150❀64πŸ”₯32πŸ’―23
⭐️ Read the full text.

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4πŸ‘184πŸ’―53❀35πŸ”₯30
πŸ”₯ 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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3πŸ”₯127πŸ‘98❀69πŸ’―15
πŸ”½ Analysis: Is altcoin season is over?

Key points:

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


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2πŸ‘190❀62πŸ’―35πŸ”₯14
πŸͺ™ UAE $40B BTC holdings

The UAE is actively investing in Bitcoin. Currently, Emirates holds $40 billion in BTC. This was also noted by CZ on his X account.

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1πŸ‘166πŸ”₯86❀41πŸ’―38
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1❀119πŸ‘108πŸ”₯40πŸ’―20
⚑️ Trump appoints pro-BTC advocate to key economic role

Trump has appointed Stephen Miran, a pro-Bitcoin advocate, as the chairman of the Council of Economic Advisors*.

* β€” an agency which advises US president on domestic and international economic policy.


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2πŸ‘152❀66πŸ”₯28πŸ’―15
❕ HEX rallies amidst controversy surrounding founder

Interpol has issued a Red Notice for HEX founder Richard Heart, due to allegations of tax fraud and violent assault. HEX token surged 30% following the announcement. Heart dismissed the charges as conspiratorial and remains confident in the future success of his projects.

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1πŸ‘124❀73πŸ”₯22πŸ’―16
πŸ’Ž Experts predict a 280% surge for TON

Experts are optimistic about Toncoin and anticipate a potential rise to $19.53 in several stages during the upcoming altcoin season.

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11πŸ”₯187πŸ‘129❀49πŸ’―24
πŸͺ™ MicroStrategy expands BTC portfolio

MicroStrategy has bolstered its Bitcoin reserves by acquiring an additional 5,262 BTC. This purchase was made at an average cost of $106,662 per BTC, amounting to a total investment of around $561 million.

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❕ FTX’s Ex-CEO pardon rumors

Speculation surrounds former FTX CEO Sam Bankman's potential presidential pardon after a 25-year fraud sentence. His political connections and donations to Democrats have led to public criticism of the government for being too lenient on FTX executives.

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πŸ‘111❀46πŸ’―38πŸ”₯18
πŸͺ™ Cosmos Network devs move dormant ICO BTC

Cosmos Network developers have moved 295.3 BTC, currently valued at $27.7 million, from funds raised during their 2017 ICO. This is their first transaction in two years.

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πŸ‘103πŸ”₯43❀28πŸ’―3
πŸ’Ž TON shows signs of recovery

TON's Sharpe Ratio suggests a potential market rebound. After reaching a low of $4.7, TON has steadily increased over the past four days, reaching $5.66.

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πŸ‘132❀63πŸ”₯45πŸ’―5
πŸ“£ Russia to prohibit crypto mining in 10 regions starting 2025

The ban is effective from January 1 until March 15, 2031. The Council of Ministers indicates further bans may occur during peak energy demand, but these could be adjusted or lifted if a government commission finds it necessary based on energy demand changes.

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3πŸ‘177πŸ”₯68❀28πŸ’―27
⭐️ Read the full text.

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3❀176πŸ‘72πŸ’―33πŸ”₯20
⚠️ Massive BTC heist: over 4,500 BTC stolen

North Korean hackers from the Lazarus Group have been identified as responsible for the theft of over 4,500 Bitcoins from Japan’s DMM Bitcoin exchange earlier this year.

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πŸ‘136πŸ”₯86❀53πŸ’―32
πŸ“£ Russia uses crypto to evade sanctions

Russian companies are now using BTC and other cryptocurrencies for international transactions to circumvent Western sanctions, according to Finance Minister Anton Siluanov.

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πŸ‘130πŸ”₯104πŸ’―45❀32