Global Crypto Updates🌎
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Updates in the world🌎 of CryptoπŸ’°
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πŸ•Ί Tether Mints Another $1 Billion USDT

Since November 6, Tether has minted a total of $21 billion USDT across Ethereum and Tron networks.
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Bitcoin Grapples with $100K as Rally on Trump's Crypto-Positive Comment Fizzles

Bitcoin (BTC) initially appeared poised for a new record high but fell sharply in U.S. afternoon trading, dropping to $99,800 as bond markets negatively impacted risk assets. Earlier in the day, President-elect Donald Trump expressed optimism about cryptocurrency during the NYSE opening bell, emphasizing his plans to embrace digital assets and establish a strategic bitcoin reserve.

Despite bitcoin reaching $102,500, it couldn't maintain this momentum, and broader risk assets also declined, with U.S. and German bond yields rising. U.S. stocks closed lower, and gold prices dropped by 1.8%.

In contrast, altcoins generally outperformed BTC, with Avalanche (AVAX) and Chainlink (LINK) seeing significant gains, driven by investment news and ongoing purchases linked to Trump-affiliated projects. Ethereum (ETH) also fared well, posting a 1.5% gain and showing potential for reaching new highs above $5,000 due to strong market activity.
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🍿 Microsoft is going to explore crypto investments beyond BTC

CFO Amy Hood revealed that the board will evaluate digital assets for potential reserve additions

@globalcryptoupdates
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πŸš€ Pantera Capital CEO Predicts Crypto Rally in 2025

The CEO revealed a strong position in $TON, $SOL, and $ONDO, highlighting confidence in these projects as the next cycle unfolds.

Chat, which one are you watching closely? πŸ€”

@globalcryptoupdates
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🎯OKX listed the Solana-based meme coin, GOAT, for spot trading on Dec. 12!

βŒ›οΈDeposits started at 6:00 UTC, trading at 10:00 UTC, and withdrawals from 14:00 UTC.

πŸš€GOAT price jumped 28.8% after the announcement, trading at $0.83 but has since dropped to $0.7383!

πŸ’°With a $738M market cap, GOAT ranks #14 among meme coins.

πŸ“Š$GOAT's 24-hour trading volume hit $492M (now dropped at $403M) showing it's still one to watch!

| GOAT On OKX |

@globalcryptoupdates
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πŸ₯°Binance users deposited $21.67B in 2024

A massive year for the exchange - crypto adoption keeps growingπŸš€

@globalcryptoupdates
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πŸͺ™ Solana has surpassed Ethereum in attracting new developers: 7,625 vs. 6,224, according to Electric Capital. Yet, Ethereum still leads in overall developer activity.

@globalcryptoupdates
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✏️ Tether’s USDT Market Cap Surpasses $140B

@globalcryptoupdates
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πŸ—Ώ First criminal crypto tax evader sentenced in the US

An Austin man received two years in prison for underreporting capital gains from selling $3.7M in Bitcoin.

This is the first-ever criminal tax evasion case centered solely on cryptocurrency.

Note: Always pay your crypto taxes 🚬
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πŸ’Έ Elon Musk became the first person in history whose net worth surpassed $400 billion.

His assets grew by 66% after Donald Trump's victory in the U.S. presidential election.

@globalcryptoupdates
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Argentina is going to allow free currency exchange by 2025

The country plans to permit transactions in any currency, including crypto, as part of its financial reforms

@globalcryptoupdates
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U.S. states are now introducing their own Strategic Bitcoin Reserve legislations ✍️

@globalcryptoupdates
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πŸšΆβ€β™‚οΈ Bybit says β€œau revoir” to France

Starting January 8, 2025, they’re ending withdrawal and custody services in the country.

If you’re in France, better start packing those crypto bags - Bybit clearly isn’t staying for the croissants
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The reasonable range of 10-year US Treasury bond interest rates is around 4.3%-4.6%πŸ‘€

@globalcryptoupdates
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GCU News

➑️ πŸ€‘ Ethereum ETFs saw record inflows last week, surpassing $854 million.

➑️ 🟠 The owner of the squirrel from the PNUT meme has filed a lawsuit against Binance.

➑️ πŸ“± Elon Musk launch its own email service.

➑️ 🟠 Large amounts withdrawn from Binance.

@globalcryptoupdates
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πŸ“Š Crypto Market Overview in 24h

πŸ€‘ Dogecoin: $0.3368
πŸ”Ό (+ 26,39% in 24h)

@globalcryptoupdates
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Russia announces 6-year ban on cryptocurrency mining in 10 regions, citing energy shortages.

@globalcryptoupdates
πŸšΆβ€β™‚οΈ New Crypto Rules in Turkey

Starting February 25, 2025, Turkish crypto enthusiasts will need to provide identification for any transactions exceeding $425

Decentralized? Sure. But paperwork still rules the world πŸ˜‰

@globalcryptoupdates
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🍿 A third-grader TikToker, Rizzler, made it to FOX Business to talk about Fartcoin.

Memecoins are on TV

@globalcryptoupdates
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β˜€οΈBybit has launched a bounty site for the Lazarus hack. The total reward amount is 10% of the recovered funds. https://www.lazarusbounty.com/en/

What do you thinkβ€”could this be the end of the Lazarus group?

#Bybit #Hacking #Blockchain #ArchitecTon
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