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⚖️ U.S. Supreme Court Rejects Silk Road Bitcoin Case
The Supreme Court declined to hear a case over 69,370 seized BTC, clearing the way for the U.S. government to sell the $4.38 billion asset.
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🐕 Chris Burniske: Meme Coins to Dominate Current Crypto Cycle
Chris Burniske expects meme coins to outshine NFTs in this market cycle, highlighting their growing cultural significance and the continued maturation of crypto infrastructure.
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⚖️ SEC Targets Crypto.com Amid Legal Tensions
Crypto.com has filed a lawsuit against the SEC after receiving a notice of legal action for alleged securities violations. The exchange called SEC's actions part of an unfair regulatory campaign against the crypto industry.
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🌐 UN: Cryptocurrencies Fueling Crime in Southeast Asia
UNODC reports rising use of cryptocurrencies by criminals in Southeast Asia, causing up to $37 billion in losses in 2023 through unregulated platforms and money laundering.
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📊 Standard Chartered: Solana Could Outperform Bitcoin and Ethereum
Standard Chartered predicts Solana's price may rise fivefold by 2025 if Trump wins, outperforming Bitcoin and Ethereum, with Bitcoin possibly reaching $200,000.
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⚠️ Binance and WazirX Clash Again Over WRX Token
Binance moved WRX to its Innovation Zone, sparking renewed tensions with WazirX, which claims Binance controls WRX. The token’s price has since dropped amid ongoing disputes over ownership.
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🏦 National Bank of Bahrain Launches First Bitcoin Fund
NBB introduced the Gulf's first Bitcoin investment fund with 100% capital protection for institutional investors, aiming to meet the rising demand for digital assets.
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🎥 Peter Todd: Claims I’m Satoshi Endanger My Life
Peter Todd has rejected HBO's documentary Electric Money suggesting he might be Bitcoin’s creator, Satoshi Nakamoto, calling it irresponsible and life-threatening. He criticized HBO for not contacting him before release, labeling the claim a conspiracy theory.
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🏡 For Millennials, Bitcoin is the New Real Estate
Cyrus Ip suggests Bitcoin is becoming a wealth-building alternative for young people, offering high liquidity and no large upfront costs, unlike expensive real estate.
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📈 Toncoin Holders Surpass 100 Million with 2,225% Growth
On-chain data reveals Toncoin holders have exceeded 100 million, marking a 2,225% surge since early 2024. This growth accelerated with the launch of popular Telegram-based games like Hamster Kombat on the TON network.
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🏦 Taiwan to Launch Digital Asset Custody Pilot for Banks
Taiwan’s FSC plans to start a digital asset custody pilot in early 2025, allowing banks to store cryptocurrencies for clients. Three banks have shown interest, with a focus on security and anti-money laundering.
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🎥 Experts Reject HBO Documentary Claim on Bitcoin Creator
HBO’s documentary Money Electric: The Bitcoin Mystery faced criticism for falsely claiming Peter Todd as Bitcoin’s creator, Satoshi Nakamoto. Experts pointed out inaccuracies and questioned the methodology, with many believing the search for Satoshi is misguided.
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📉 Powell: No Rush to Cut Interest Rates
Jerome Powell, Chair of the Federal Reserve, stated that the Fed is not in a hurry to lower interest rates quickly. He anticipates two more cuts this year if the economy performs as expected, with a 0.5% reduction by year-end, leading to a decline in Bitcoin prices.
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💡 Ohio Senator Proposes Crypto Tax Payments
Senator Niraj Antani has introduced a bill to allow cryptocurrency payments for state and local taxes in Ohio, aiming to embrace Bitcoin as part of the 21st-century economy and enabling state universities and pension funds to invest in digital currencies.
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🌟 Ripple Receives License to Operate in Dubai
Ripple has secured a license from the Dubai Financial Services Authority to offer international payment services in the UAE, positioning itself as a key player in the growing crypto markets of the region.
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⚖️ SEC Files Appeal in Ripple Case!
The SEC has filed an appeal against the final ruling in the Ripple case, which imposed a $125 million fine. Ripple's CEO, Brad Garlinghouse, vows to continue fighting in court, while the company's legal team considers a counter-appeal.
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