Elon Musk Might Buy TikTok!
π¨π³ China is considering selling TikTok's US operations to Elon Musk as a contingency plan to avoid a looming ban. ByteDance, TikTok's parent company, prefers to challenge the ban in the Supreme Court but faces resistance from justices signaling national security concerns outweigh free speech arguments.
A possible deal could see Musk's X (formerly Twitter) integrate TikTok's US business, potentially boosting advertising revenue and leveraging user data for Muskβs AI ventures. However, complexities like Chinese export rules on TikTokβs algorithm and approval from both the Chinese and US governments make the sale uncertain.
With a $40β50 billion valuation, Musk's potential acquisition would reshape the US-China tech landscape, while President-elect Trump aims to delay the ban to seek a resolution.
π¨π³ China is considering selling TikTok's US operations to Elon Musk as a contingency plan to avoid a looming ban. ByteDance, TikTok's parent company, prefers to challenge the ban in the Supreme Court but faces resistance from justices signaling national security concerns outweigh free speech arguments.
A possible deal could see Musk's X (formerly Twitter) integrate TikTok's US business, potentially boosting advertising revenue and leveraging user data for Muskβs AI ventures. However, complexities like Chinese export rules on TikTokβs algorithm and approval from both the Chinese and US governments make the sale uncertain.
With a $40β50 billion valuation, Musk's potential acquisition would reshape the US-China tech landscape, while President-elect Trump aims to delay the ban to seek a resolution.
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Crypto soothsayer
πΈπ»Tether headquarters moves to El Salvador. The issuer of USDT is set to complete all formalities for relocating to El Salvador after successfully obtaining a Digital Asset Service Provider (DASP) license. π¦ Scott Bessent, a candidate for U.S. Treasury Secretaryβ¦
π El Salvador Invites Rumble to Relocate HQ
Following Tether's move to El Salvador, President Nayib Bukele has extended an invitation to Rumble, the Canadian video hosting and cloud storage platform, to transfer its headquarters to the country.
π° In December, Tether invested $775 million into Rumble, reinforcing its growth as an alternative to YouTube. Earlier, in November, Rumble adopted a "Bitcoin Treasury" strategy, purchasing $20 million worth of BTC as a reserve asset.
El Salvador continues to position itself as a global hub for crypto and innovative tech companies. π
Following Tether's move to El Salvador, President Nayib Bukele has extended an invitation to Rumble, the Canadian video hosting and cloud storage platform, to transfer its headquarters to the country.
π° In December, Tether invested $775 million into Rumble, reinforcing its growth as an alternative to YouTube. Earlier, in November, Rumble adopted a "Bitcoin Treasury" strategy, purchasing $20 million worth of BTC as a reserve asset.
El Salvador continues to position itself as a global hub for crypto and innovative tech companies. π
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π Market Correction Shows Signs of Fading
π CryptoQuant reports a drop in the SOPR indicator for short-term BTC holders to 0.99. This suggests that these investors are selling at a loss, potentially reducing the supply of Bitcoin on the spot market and stabilizing price movements. π
Could this be a signal for a market rebound? π
π CryptoQuant reports a drop in the SOPR indicator for short-term BTC holders to 0.99. This suggests that these investors are selling at a loss, potentially reducing the supply of Bitcoin on the spot market and stabilizing price movements. π
Could this be a signal for a market rebound? π
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π Solana & XRP ETFs Could Attract Billions β JPMorgan
π° JPMorgan predicts Solana and XRP ETFs could draw $3β8 billion in new investments if approved, potentially boosting altcoin prices to new all-time highs.
The SEC's decision on SOL ETF applications is expected by late January, just after President-elect Trump's inauguration. πͺ
π° JPMorgan predicts Solana and XRP ETFs could draw $3β8 billion in new investments if approved, potentially boosting altcoin prices to new all-time highs.
The SEC's decision on SOL ETF applications is expected by late January, just after President-elect Trump's inauguration. πͺ
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π° Bitcoin Wallet Trends: A Tale of Two Sizes
Over the past year, wallets holding 10β100 BTC have sold off 370,000 BTC, while larger wallets with 100β1,000 BTC have added 610,000 BTC to their holdings. π
The trend speaks volumes about shifting strategies between mid-tier and larger investors. Are the whales gearing up for a big move? ππ
Over the past year, wallets holding 10β100 BTC have sold off 370,000 BTC, while larger wallets with 100β1,000 BTC have added 610,000 BTC to their holdings. π
The trend speaks volumes about shifting strategies between mid-tier and larger investors. Are the whales gearing up for a big move? ππ
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π TON Set to Enter the US Market!
The TON team is preparing for expansion into the US, banking on a crypto-friendly regulatory environment under Donald Trumpβs administration. π₯
βThe US will soon become the global crypto hub focused on innovation,β - says the TON Foundation.
Stay tuned as TON takes a major step forward! ππ
The TON team is preparing for expansion into the US, banking on a crypto-friendly regulatory environment under Donald Trumpβs administration. π₯
βThe US will soon become the global crypto hub focused on innovation,β - says the TON Foundation.
Stay tuned as TON takes a major step forward! ππ
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π© Crypto Ball 2025: Glitz, Glam, and $100K VIP Tickets
On January 17, Washington will host the Crypto Ball to celebrate Donald Trumpβs upcoming inaugurationβthough he likely wonβt attend.
The spotlight? A $100K VIP section led by crypto and AI czar David Sacks, or go big with a $1M dinner package that includes dining with Trump himself. π½πΈ
Organized by BTC Inc. (Bitcoin Magazine's parent company), the event boasts sponsorships from Coinbase, Solana, MetaMask, and more.
Crypto glitz meets high societyβproof that even the blockchain knows how to party. πΊπ
On January 17, Washington will host the Crypto Ball to celebrate Donald Trumpβs upcoming inaugurationβthough he likely wonβt attend.
The spotlight? A $100K VIP section led by crypto and AI czar David Sacks, or go big with a $1M dinner package that includes dining with Trump himself. π½πΈ
Organized by BTC Inc. (Bitcoin Magazine's parent company), the event boasts sponsorships from Coinbase, Solana, MetaMask, and more.
Crypto glitz meets high societyβproof that even the blockchain knows how to party. πΊπ
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π΅οΈββοΈ Elliptic analysts just crowned Huione Guarantee as the largest illegal online marketplace ever!
Hereβs the some breakdown:
βͺοΈ Over $24B in transactions and 900K users.
βͺοΈ Accused of money laundering and cybercrime ties back in July 2024.
βͺοΈ Launched USDH stablecoin in September to dodge regulations after their USDT got frozen for alleged links to Lazarus Group.
βͺοΈ Unveiled their own blockchain, Xone Chain, with a DEX and messenger to cut dependency on platforms like Telegram.
Huione isnβt just playing the gameβtheyβre rewriting the rules. Is this innovation or chaos? π€π°
Hereβs the some breakdown:
βͺοΈ Over $24B in transactions and 900K users.
βͺοΈ Accused of money laundering and cybercrime ties back in July 2024.
βͺοΈ Launched USDH stablecoin in September to dodge regulations after their USDT got frozen for alleged links to Lazarus Group.
βͺοΈ Unveiled their own blockchain, Xone Chain, with a DEX and messenger to cut dependency on platforms like Telegram.
Huione isnβt just playing the gameβtheyβre rewriting the rules. Is this innovation or chaos? π€π°
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Matrixport highlights that as long as BTC stays above the 21-week moving average of $85,000, the market remains in a bullish trend. π
Historically, this indicator has captured key trends, such as the bullish waves of 2020 and 2023, while helping shield investors from the 2022 bear market. π
Currently at $85K, this level acts as a critical benchmark for traders and investors to watch. Stay above it, and bulls keep running! π
Historically, this indicator has captured key trends, such as the bullish waves of 2020 and 2023, while helping shield investors from the 2022 bear market. π
Currently at $85K, this level acts as a critical benchmark for traders and investors to watch. Stay above it, and bulls keep running! π
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π€ Blockchain Can Fix AI's "Black Box" Problem
Hashed's CEO Simon Kim warns about the dangers of centralized AI, calling it a "god we donβt understand." He argues that platforms like OpenAI lack transparency and fail to compensate content creators.
π Blockchain, Kim says, is the key to decentralizing AI and creating a copyright layer that tracks and rewards content use. Hashed is already exploring this with Story, an IP management protocol.
The future? Transparent, blockchain-powered AI ecosystems that benefit creators and break open the AI "black box." Can Web3 save AI from itself? π
Hashed's CEO Simon Kim warns about the dangers of centralized AI, calling it a "god we donβt understand." He argues that platforms like OpenAI lack transparency and fail to compensate content creators.
π Blockchain, Kim says, is the key to decentralizing AI and creating a copyright layer that tracks and rewards content use. Hashed is already exploring this with Story, an IP management protocol.
The future? Transparent, blockchain-powered AI ecosystems that benefit creators and break open the AI "black box." Can Web3 save AI from itself? π
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Whales Push XRP to 2018 Levels π
π XRPβs price reached $2.9092 on Binance, matching the local high of December, which was the first time since January 2018. Analysts at Santiment believe that large-scale whale purchases were the key factor driving this growth.
Over the past 24 hours, 341 XRP transactions exceeding $1 million each have been recorded. π΅
π΅οΈββοΈ Experts highlighted significant accumulation of the asset in wallets holding 1 million to 10 million XRP. Since November 12, 2024, the number of coins in whale addresses has increased by 1.43 billion XRP, accounting for 37.4% of their total balances.
This may be explained by the anticipation of XRP-ETF approval in 2025.
Additionally, the price surge may be related to todayβs deadline for the SEC appeal.
π XRPβs price reached $2.9092 on Binance, matching the local high of December, which was the first time since January 2018. Analysts at Santiment believe that large-scale whale purchases were the key factor driving this growth.
Over the past 24 hours, 341 XRP transactions exceeding $1 million each have been recorded. π΅
π΅οΈββοΈ Experts highlighted significant accumulation of the asset in wallets holding 1 million to 10 million XRP. Since November 12, 2024, the number of coins in whale addresses has increased by 1.43 billion XRP, accounting for 37.4% of their total balances.
This may be explained by the anticipation of XRP-ETF approval in 2025.
Additionally, the price surge may be related to todayβs deadline for the SEC appeal.
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π US Inflation Hits 2.9% in December, BTC Surges Past $99K
December inflation in the US landed exactly at 2.9%, matching forecasts. Investors are optimistic that the Fed has the situation under control and wonβt return to rate hikes.
Meanwhile, Bitcoin reacted positively, breaking above the $99K mark. Could this be the final stretch before $100K? π
December inflation in the US landed exactly at 2.9%, matching forecasts. Investors are optimistic that the Fed has the situation under control and wonβt return to rate hikes.
Meanwhile, Bitcoin reacted positively, breaking above the $99K mark. Could this be the final stretch before $100K? π
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Chainalysis: $40.9B in Cryptocurrencies Linked to Illegal Activities π΅
In 2024, the total volume of illegal cryptocurrency transactions amounted to $40.9 billion, with 63% conducted in stablecoins, according to Chainalysis analysts. π΅οΈββοΈ
π₯Ά Tether occasionally freezes wallets suspected of illegal activity. Today, the company reportedly froze two addresses holding $50M USDT and $14M USDT [1], [2].
π Analysts forecast that total amount of illegal transactions is expected to reach $51.3 billion in a year, accounting for further data adjustments, historical activity, and the identification of new illicit addresses.
In 2024, the total volume of illegal cryptocurrency transactions amounted to $40.9 billion, with 63% conducted in stablecoins, according to Chainalysis analysts. π΅οΈββοΈ
π₯Ά Tether occasionally freezes wallets suspected of illegal activity. Today, the company reportedly froze two addresses holding $50M USDT and $14M USDT [1], [2].
π Analysts forecast that total amount of illegal transactions is expected to reach $51.3 billion in a year, accounting for further data adjustments, historical activity, and the identification of new illicit addresses.
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π Crypto Highlights: BTC Hits $100K & XRP Shines Above $3
Bitcoin briefly reached $100K overnight but couldnβt hold above it. Meanwhile, Wall Street woke up! Spot Bitcoin ETFs attracted $755M yesterday, ending a 4-day streak of outflows. π°
π XRP is trading above $3, peaking at $3.17 last night. The SECβs latest appeal against Ripple didnβt slow it downβRippleβs lawyer dismissed it as pointless. Optimism is growing that the case will be dropped after January 20 under new SEC leadership. π₯
Bitcoin briefly reached $100K overnight but couldnβt hold above it. Meanwhile, Wall Street woke up! Spot Bitcoin ETFs attracted $755M yesterday, ending a 4-day streak of outflows. π°
π XRP is trading above $3, peaking at $3.17 last night. The SECβs latest appeal against Ripple didnβt slow it downβRippleβs lawyer dismissed it as pointless. Optimism is growing that the case will be dropped after January 20 under new SEC leadership. π₯
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USA to Return 94,643 BTC to Bitfinex π€
πΊπΈ The U.S. plans to return 94,643 BTC (nearly 80% of the 2016 hack) to Bitfinex, pending court approval. The funds, seized from hacker Ilya Lichtenstein, also include assets from Bitcoin forks like BCH, BSV, and BTG. π°
β±οΈ Lichtenstein was sentenced to 5 years in prison, and his wife, Heather Morgan, received 18 months for aiding in laundering the stolen funds. Both admitted guilt and committed to asset recovery.
π However, 25,000 BTC remain inaccessible, hidden through unregulated exchanges, darknet platforms, and mixers. Additional legal procedures will be needed to recover them.
In October 2024, Bitfinex was declared the sole victim in the case, and in December, Lichtenstein claimed in a video from prison that he acted alone during the hack.
πΊπΈ The U.S. plans to return 94,643 BTC (nearly 80% of the 2016 hack) to Bitfinex, pending court approval. The funds, seized from hacker Ilya Lichtenstein, also include assets from Bitcoin forks like BCH, BSV, and BTG. π°
β±οΈ Lichtenstein was sentenced to 5 years in prison, and his wife, Heather Morgan, received 18 months for aiding in laundering the stolen funds. Both admitted guilt and committed to asset recovery.
π However, 25,000 BTC remain inaccessible, hidden through unregulated exchanges, darknet platforms, and mixers. Additional legal procedures will be needed to recover them.
In October 2024, Bitfinex was declared the sole victim in the case, and in December, Lichtenstein claimed in a video from prison that he acted alone during the hack.
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π Strategic Reserves Beyond BTC?
Donald Trump is reportedly considering the creation of strategic reserves for SOL, XRP, and USDC alongside Bitcoin. π
If true, this could signal whatβs set to perform well. Letβs see how Trump plans to spin this move into the crypto narrative! π₯
Donald Trump is reportedly considering the creation of strategic reserves for SOL, XRP, and USDC alongside Bitcoin. π
If true, this could signal whatβs set to perform well. Letβs see how Trump plans to spin this move into the crypto narrative! π₯
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β οΈ Upbit Faces Possible 6-Month Shutdown
π°π· South Koreaβs leading crypto exchange, Upbit, may be forced to close for 6 months following a government investigation. Authorities uncovered 700,000 KYC violations and raised concerns about potential money laundering. π°
The decision on the temporary closure is expected on January 21. β³
If Koreans are out of the game, whoβs going to pump the altcoins now? ππΈ
π°π· South Koreaβs leading crypto exchange, Upbit, may be forced to close for 6 months following a government investigation. Authorities uncovered 700,000 KYC violations and raised concerns about potential money laundering. π°
The decision on the temporary closure is expected on January 21. β³
If Koreans are out of the game, whoβs going to pump the altcoins now? ππΈ
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π Trump to Make Crypto a National Priority - Bloomberg
π¦ President-elect Donald Trump plans to issue an executive order naming cryptocurrency a national priority. The order could establish a crypto advisory council, pause federal litigation against crypto companies, and even create a national Bitcoin stockpile with the governmentβs $20B in BTC holdings.
π The move marks a stark contrast to Bidenβs administration, which filed over 100 enforcement actions against the sector. Trump has vowed to make the US the crypto capital of the world, gaining strong support from the industry, including donations from Coinbase and Ripple.
With Bitcoin rallying above $100K, this could be a game-changer for the crypto space. π
π¦ President-elect Donald Trump plans to issue an executive order naming cryptocurrency a national priority. The order could establish a crypto advisory council, pause federal litigation against crypto companies, and even create a national Bitcoin stockpile with the governmentβs $20B in BTC holdings.
π The move marks a stark contrast to Bidenβs administration, which filed over 100 enforcement actions against the sector. Trump has vowed to make the US the crypto capital of the world, gaining strong support from the industry, including donations from Coinbase and Ripple.
With Bitcoin rallying above $100K, this could be a game-changer for the crypto space. π
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