CRYPTO MARKET UPDATE

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British Columbia Maintains Bitcoin Mining Ban Despite Vancouver's 'BTC-Friendly City' Motion

While Vancouver's City Council has passed a motion to explore becoming a 'bitcoin-friendly city', British Columbia still has a province-wide ban on mining BTC until December 2025.

B.C.'s bitcoin mining ban began in December 2022 to address energy concerns, and it faced a legal challenge from Conifex Timber, which the B.C. Supreme Court upheld in early 2024, citing the policy's reasonableness and alignment with public utility regulations.

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CRYPTO MARKET UPDATE

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Bitget’s BGB Surges to All-Time High, $4 Price Target in Sight

Fueled by recent positive developments for the cryptocurrency exchange, Bitget’s native token, BGB, has rocketed by double digits in the past 24 hours. The altcoin briefly traded at a new all-time high of $3.65 during Tuesday’s Asian session before witnessing a slight correction.

With a strengthening bullish bias, the BGB token price is poised to extend these gains in the short term. This analysis details why.

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CRYPTO MARKET UPDATE

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Ohio lawmaker introduces Bitcoin reserve bill allowing state to buy BTC

An Ohio House of Representatives lawmaker has introduced a bill to establish a Bitcoin fund in the state’s treasury, marking the third US state to do so in just over a month.

Ohio House Republicans leader Derek Merrin on Dec. 17 introduced HB 703, tentatively titled the Ohio Bitcoin Reserve Act, which would give the state treasurer authority to purchase Bitcoin as part of “proper asset allocation,” though it does not require it.

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Binance, KuCoin
#BTC/USDT Take-Profit target 1 ✅
Profit: 0.7469% 📈
Period: 1 Hours 16 Minutes ⏰

Binance, KuCoin
#BTC/USDT Take-Profit target 2 ✅
Profit: 1.0111% 📈
Period: 4 Hours 30 Minutes ⏰

Binance, KuCoin
#BTC/USDT Take-Profit target 3 ✅
Profit: 1.3383% 📈
Period: 4 Hours 32 Minutes ⏰

Binance, KuCoin
#BTC/USDT All take-profit targets achieved 😎
Profit: 1.7519% 📈
Period: 4 Hours 56 Minutes ⏰

Binance, KuCoin
#BTC/USDT Take-Profit target 1 ✅
Profit: 0.7009% 📈
Period: 6 Hours 1 Minutes ⏰

Binance, KuCoin
#BTC/USDT Take-Profit target 2 ✅
Profit: 0.9494% 📈
Period: 9 Hours 48 Minutes ⏰

Binance, KuCoin
#BCH/USDT Take-Profit target 1 ✅
Profit: 0.987% 📈
Period: 1 Days 4 Hours 38 Minutes ⏰

Binance, KuCoin
#BTC/USDT Take-Profit target 3 ✅
Profit: 1.4208% 📈
Period: 17 Hours 52 Minutes ⏰

Binance, KuCoin
#BTC/USDT All take-profit targets achieved 😎
Profit: 1.8705% 📈
Period: 18 Hours 24 Minutes ⏰

Binance, KuCoin
#DOT/USDT Take-Profit target 1 ✅
Profit: 0.7216% 📈
Period: 2 Hours 22 Minutes ⏰

Binance, KuCoin
#DOT/USDT Take-Profit target 2 ✅
Profit: 0.9622% 📈
Period: 2 Hours 27 Minutes ⏰

Binance, KuCoin
#DOT/USDT Take-Profit target 3 ✅
Profit: 1.3097% 📈
Period: 2 Hours 34 Minutes ⏰

Binance
#UNI/USDT Take-Profit target 1 ✅
Profit: 0.7293% 📈
Period: 1 Hours 13 Minutes ⏰

Binance Futures, KuCoin Futures
#BTC/USDT Take-Profit target 1 ✅
Profit: 1.4938% 📈
Period: 1 Hours 17 Minutes ⏰

Binance Futures, KuCoin Futures
#BTC/USDT Take-Profit target 2 ✅
Profit: 159.4177% 📈
Period: 4 Hours 30 Minutes ⏰

Binance Futures, KuCoin Futures
#BTC/USDT Take-Profit target 3 ✅
Profit: 249.0981% 📈
Period: 4 Hours 34 Minutes ⏰

Binance Futures, KuCoin Futures
#BTC/USDT All take-profit targets achieved 😎
Profit: 374.0918% 📈
Period: 4 Hours 58 Minutes ⏰