#Grayscale Bitcoin Trust (GBTC) surges 25%, hitting $30.45, attributed to SEC's non-appeal decision, sparking #ETF interest.#cryptonewstoday

#JPMorgan predicts $2.7 billion GBTC outflows post-ETF conversion, potential impact on Bitcoin's price.
https://coinpedia.org/news/jpmorgan-anticipates-a-2-7-billion-outflow-from-gbtc-due-to-etf-conversion/

Despite Cathie Wood's public #Bitcoin optimism, recent data reveals Ark Invest's substantial reduction in exposure. #cryptonewstoday

#ETF data reveals Ark's sale of 700,000 Bitcoin Trust shares contradicts Wood's public optimism, posing questions.
https://coinpedia.org/news/cathie-woods-ark-invest-quietly-dumps-bitcoin-holdings-despite-public-bullish-stance/

#Binance and its founder plead guilty to US anti-money-laundering charges, hindering plans in Hong Kong. #cryptonewstoday

Binance's subsidiary, #HKVAEX, faces obstacles obtaining a license due to legal issues and #regulatory ambiguity.
https://coinpedia.org/news/binance-faces-uphill-battle-for-hong-kong-license-after-binance-us-guilty-plea/

BREAKING: Montenegro Court Greenlights Terra Founder's Extradition: South Korea or the United States Await? #crypto #cryptonewstoday

🔵#Terra founder Do Kwon faces extradition from Montenegro to either South Korea or the United States.

🔵The court in Podgorica, Montenegro, has given approval for the extradition.

🔵The final decision rests with Montenegro's Minister of Justice.

🔵Do Kwon was arrested in March at Podgorica airport for carrying forged documents and is currently serving a sentence in Montenegro.

Click on: https://sudovi.me/vspg/sadrzaj/pwEl

#BlackRock, the world's largest asset manager, has expressed a strong preference for the in-kind creation structure in its recent meeting with the SEC regarding the approval of a #BitcoinETF. #cryptonewstoday
https://coinpedia.org/news/blackrock-prefers-in-kind-creation-model-for-bitcoin-etf-meets-with-sec/

Hong Kong's BC Technology reports increased product approvals and stricter supervision after the #JPEX incident. #cryptonewstoday

Sifang Jingchuang leads virtual asset integration with banks, fostering #regulated #trading and boosting public confidence.
https://coinpedia.org/news/hong-kongs-virtual-asset-market-accelerated-product-approvals-and-bank-integration-in-the-wake-of-jpex-incident/

Former banker Kyren optimistic about XRP, citing resolved SEC lawsuit and major exchange relistings. #cryptonewstoday

Improved #regulatory clarity and global CBDC adoption position #XRP for a strong bull run.

Read More
https://coinpedia.org/news/xrps-upcoming-bull-run-why-this-time-will-be-different/

BREAKING: Spanish Citizens Must Declare Overseas #Crypto with New #Tax Form #cryptonewstoday

🔵New Tax Form Requirement: The Spanish Tax Administration has introduced a tax form mandating Spanish citizens to disclose their overseas-held crypto-assets.

🔵Threshold for Declaration: Individuals are required to declare crypto-assets on the form if their balance sheet in overseas cryptocurrency platforms exceeds $55,000.

🔵Specific to Overseas Platforms: The focus of the tax form is on crypto-assets held on cryptocurrency platforms located outside of Spain.

🔵Compliance for Spanish Citizens: Spanish citizens with significant crypto holdings on international platforms need to comply with this new reporting requirement to fulfill their tax obligations.
READ MORE: https://sede.agenciatributaria.gob.es/Sede/procedimientoini/GI55.shtml

#Ronaldo faces a class-action lawsuit, accused of endorsing #Binance and causing investor losses.

Ronaldo's promotion of Binance's #NFTs allegedly led to increased searches and unregistered securities investment. #cryptonewstoday https://coinpedia.org/news/cristiano-ronaldo-faces-class-action-lawsuit-over-binance-nft-promotion/

Breaking: #MicroStrategy has additionally acquired 16,130 BTC at an average price of $36,785, bringing their total Bitcoin holdings to 174,530 BTC, acquired for approximately $5.28 billion at an average price of $30,252 per bitcoin as of November 29, 2023.

#Crypto #cryptonewstoday