BREAKING : Hong Kong Seeks Public Input on #Stablecoin Regulations

🔵 The Hong Kong government is seeking public input on legislative proposals to regulate stablecoin issuers.

🔵 The proposed regulations suggest that only stablecoins issued by licensed issuers will be permitted for sale to retail investors.

🔵 The government plans to introduce a sandbox arrangement, providing a controlled environment to test and implement new stablecoin-related initiatives.

🔵 Stakeholders and the public have the opportunity to express their opinions during the consultation period, which spans from December 27, 2023, to February 29, 2024. #Cryptonews
https://www.info.gov.hk/gia/general/202312/27/P2023122700279.htm?fontSize=1

#Thunder Terminal faced a #cyberattack, exposing vulnerabilities and resulting in unauthorized withdrawals from user wallets.

Thunder Terminal responded by revoking access, ensuring server-restricted access, and addressing the breach's aftermath, affecting 1% of wallets. #Cryptonews
https://coinpedia.org/news/thunder-terminal-cyberattack-funds-stolen-hacker-demands-50-eth-ransom/

BREAKING : Michael Saylor's MicroStrategy bought another 14,620 #Bitcoin for $615.7 million

🔵#MicroStrategy secures 14,620 $BTC for approximately $615.7 million, averaging at $42,110 per #bitcoin, expanding its total holdings to 189,150 BTC.

🔵As of December 26, 2023, MicroStrategy's Bitcoin portfolio, valued at around $5.9 billion, was acquired at an average price of $31,168 per bitcoin.

🔵 #Bitcoin (BTC) exceeded $43,000, pushing the total #cryptocurrency market cap to $1.71 trillion.

🔵 Other major cryptocurrencies like #Ethereum (ETH), #Ripple (XRP), #Litecoin (LTC), and #Dogecoin (DOGE) saw positive price trends.

🔵 Bitcoin SV (BSV) had the largest gain, surging by over 67% in a 24-hour period.

🔵 On the downside, SEI experienced the most significant loss, dropping more than 11% in 24 hours.

🔵 The overall global #cryptomarket cap rose to $1.71 trillion, marking a 4.41% increase in the last 24 hours.

#Ethereum's price surges 9.9% in 24 hours, hitting $2,446, signaling potential for further growth in 2024. #crypto

Technical patterns, including an inverse head and shoulders formation, support Ethereum's bullish momentum toward $3,000.
https://coinpedia.org/news/ethereums-price-skyrockets-whats-behind-the-surge-and-whats-next/

As we look forward to 2024, what key lessons can be learned from the experiences of the #cryptocurrency market in 2023?

Click To👀Read🔥👇
https://coinpedia.org/research-report/crypto-market-prediction-2024-which-sector-will-fuel-the-2024-bull-run/

Trump sold $2.4 million worth of #Ethereum, raising doubts about his future in #crypto.

Despite launching successful #NFTs, Trump's Ethereum sale sparked speculation about a shift to #Solana and financial constraints.
https://coinpedia.org/news/donald-trump-sells-off-2-4-million-in-ethereum-a-detailed-look-at-his-crypto-journey/

#Solana trader turns $2,220 into $5.7 million in 6 days with #ANALOS meme coin.

Trader strategically buys 16 billion ANALOS, sells 14.5 billion for $3.45 million in #USDC.
https://coinpedia.org/news/solana-based-meme-coin-soars-as-crypto-trader-turns-2k-investment-into-5-7million/

#ARK Invest shifts from GBTC to BITO, adapting to market changes and potential regulatory shifts.

Move positions ARK as second-largest BITO holder, prepares for ARKB and ARKW #ETF launches.
https://coinpedia.org/news/cathie-woods-ark-invest-makes-strategic-shift-from-gbtc-to-bito/

#BONK rises to 44th global #cryptocurrency, surpassing #Dogecoin and Shiba Inu, driven by #Coinbase listing.

Coinbase, program inclusion, and #Binance connections boost BONK, but price volatility and Solana dependence raise concerns.
https://coinpedia.org/news/bonk-surpasses-doge-and-shib-in-coinbase-trading-volume-riding-solanas-surge/

#CZ's wealth soars to $37.2 billion in 2023, but legal troubles force resignation from #Binance.

US authorities label CZ a flight risk due to UAE travel, while his defense emphasizes cooperation. #Crypto
https://coinpedia.org/news/binance-ex-ceo-changpeng-zhao-cz-requests-travel-permission-on-family-medical-condition/

#MicroStrategy targets acquiring 1,050,000 $BTC, signaling a revolutionary shift in corporate asset management.

Saylor's strategic vision goes beyond #Bitcoin reserves, potentially influencing wider adoption by companies and countries.
https://coinpedia.org/news/microstrategy-has-a-clear-path-to-grab-5-of-all-bitcoin-predicts-crypto-expert-max-keiser/

January 2024: Anticipation for #BitcoinETF approval, expected to attract substantial institutional investment.

April 2024: 4th #Bitcoin #halving may trigger price appreciation, reducing new Bitcoin supply entering the market.https://coinpedia.org/news/crypto-market-outlook-2024-roadmap-to-major-developments-events-and-key-dates/

#Bitcoin's trajectory in 2024 remains uncertain, with potential for a surge or a pattern resembling 2014-2016.

Key factors include the possible approval of a #BitcoinETF and impactful events throughout the year.
https://coinpedia.org/news/bitcoins-big-year-navigating-the-2023-2024-transition-with-key-milestones/

Exploring the blockchain giants, where Ethereum leads with a staggering $63.3B in TVL. It's a race of giants and titans, with Tron, BSC, Solana, and Avalanche marking their territory in the digital realm.

Each blockchain brings its unique edge to the table, from speed to scalability, from smart contracts to interoperability.

As the crypto world evolves, these platforms are not just about currency but about building a new digital ecosystem.

Read the full report: https://coinpedia.org/research-report/blockchain-industry-report-2023-growth-trends-and-projections/



#Blockchain #Ethereum #Tron #BSC #Solana #Avalanche #Coinpedia

U.S. Judge Rakoff's December 28th summary judgment classifies #Terraform Labs' Luna, MIR, etc., as securities.

Despite judgment, fraud charges continue; trial advances to January 24, 2024, for further revelations. #Cryptonews
https://coinpedia.org/news/terra-vs-sec-lawsuit-federal-judge-rules-luna-and-mir-tokens-as-securities/

India warns top #crypto exchanges, including #Binance and #Kraken, for AML/CFT non-compliance, considering access restrictions.

Potential URL blocking of major exchanges prompts a shift to P2P platforms, impacting Indian #investors.
https://coinpedia.org/news/india-to-block-top-9-exchanges-urls-including-binance-and-kucoin/

#Binance gained 40 million new users, reaching 170 million, and invested $213 million in #regulatory compliance. #Cryptonews

Binance navigated market fluctuations, expanded global services, and prioritized security and user education in 2023.
https://coinpedia.org/news/binance-growth-report-a-truly-compliance-led-year-with-30-user-base-growth/

Bankrupt #FTX faces #legal challenge as customers oppose proposed undervaluation of digital assets in court filing.

FTX 2.0 Coalition advises affected customers to oppose FTX's valuation plan before the January 11 deadline. #cryptonews
https://coinpedia.org/news/ftx-debtors-bitcoin-price-proposal-unveiled-a-risky-move-or-smart-strategy/

⚫️ #Bitcoin (BTC) fell below $43,000 on Friday, causing the overall market cap to drop below $1.7 trillion on Thursday.

⚫️ Major alternative #cryptocurrencies like #Ethereum (ETH), #Ripple (XRP), #Litecoin (LTC), and #Dogecoin (DOGE) all declined.

⚫️ Bitcoin SV (BSV) was the top-performing cryptocurrency for the second consecutive day, with a 24-hour increase of over 7 percent.

⚫️ Conversely, Optimism (OP) suffered the most significant loss, with a 24-hour decline exceeding 15 percent.

⚫️ The global #cryptomarket cap was $1.67 trillion at the time of writing, reflecting a 24-hour loss of 1.92 percent.

#Bitcoin's December surge towards $43K brings hope, but Credible Crypto a well-known figure in the #crypto community warns of potential downturns amid uncertainty.

Approval of a Spot #ETF could trigger a strong rally, but historical patterns suggest turbulence ahead. #CryptoNews
https://coinpedia.org/news/bitcoin-price-analysis-heres-what-next-for-btc-price/