The European Central Bank is creating a Digital Euro Rulebook and tests conditional payments to enhance transaction efficiency and reduce reliance on Visa and Mastercard, aiming to boost eurozone sovereignty and potentially challenge the US dollarβs dominance.
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David Sacks, venture capitalist and former PayPal COO, has been named "the US first AI and Crypto Czar" by Trump. Sacks will establish a legal framework for the cryptocurrency industry and guide AI and crypto policy, working alongside Elon Musk in Trumpβs administration.
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India has become the worldβs second-largest crypto developer hub, hosting nearly 12% of global crypto developers. The countryβs Web3 ecosystem is booming, with Indian startups raising $462 million in investments in the first nine months of 2024, marking an 82% increase from the previous year.
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In the past 24 hours, Bitcoin whales have accumulated 20,000 BTC, valued at $2 billion. Despite this significant accumulation, Bitcoinβs price increased by only 1.39%.
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Richard Teng emphasizes the importance of understanding blockchain fundamentals and persistence for success in the crypto industry, urging the community to prioritize education and technological engagement.
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β TRON's market value record
β SEC Chair pick confirmed
β Ripple's stablecoin almost approved
β BTC new ATH
β Licensed US Bank enables USDT deposits
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The former CEO of Binance recommends that Amazon begin accepting Bitcoin as a payment method. This comes after shareholders urged the tech giant to incorporate BTC into its financial reserves.
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Tetherβs latest report highlights a major milestone with 109 million onchain wallets holding USDT as of Q4 2024, making it one of the most widely held digital assets, surpassing BTC holders and nearing ETH 128 million wallets.
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