The Trump Administration's Crypto Czar's VC Firm Previously Invested in Crypto Projects such as dYdX and Lightning Labs👀

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Trump: David Sacks to Focus on Building Crypto Legal Framework to Ensure Crypto Industry Thrives in the United States🧐

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Over $1bn was liquidated in the crypto market over the past 24 hours as Bitcoin saw extreme fluctuations, surging to a new all-time high before dropping to the upper $89,000 level, then eventually recovering to $97,000.

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According to the data, in South Korea, 93% of cryptocurrency transactions are in altcoins, and only 4% are in Bitcoin. In contrast, in the U.S., Bitcoin accounts for 29.5%.

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The Czech Republic's parliament has unanimously decided to exempt Bitcoin holdings of over three years from capital gains tax, encouraging long-term investment in the cryptocurrency.

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BlackRock’s Bitcoin ETF bought $751.6 million in BTC yesterday.

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🗞 December 6, 2024 cryptocurrency news highlights

【Cryptocurrency】
According to the data, in South Korea, 93% of cryptocurrency transactions are in altcoins, and only 4% are in Bitcoin. In contrast, in the U.S., Bitcoin accounts for 29.5%.🔝

【Economy】
Central Bank of Chile has ruled out adding Bitcoin as a reserve asset, citing non-compliance with IMF standards for foreign reserves.🇨🇱

The Czech Republic's parliament has unanimously decided to exempt Bitcoin holdings of over three years from capital gains tax, encouraging long-term investment in the cryptocurrency.

【Indicators】
Over $1bn was liquidated in the crypto market over the past 24 hours as Bitcoin saw extreme fluctuations, surging to a new all-time high before dropping to the upper $89,000 level, then eventually recovering to $97,000.🛍

【More】
Trump: David Sacks to Focus on Building Crypto Legal Framework to Ensure Crypto Industry Thrives in the United States🧐

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Michael Saylor gives a master class describing how MicroStrategy discovered the value of volatility 👀

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ARK Invest CEO Cathie Wood says, “Even after breaking through $100,000, Bitcoin still is in early innings.” 🚀

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Charles Schwab Head of Trading Joe Mazzola: Demand for Bitcoin ETFs are picking up, clients are bullish this quarter 🪙

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Czech gov’t moves to exempt crypto sales from capital gains tax after three years and transactions under $4,200 from reporting 🛫

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CNBC anchor tells Bitcoin skeptic "you've missed it" as BTC pumps over $100,000 💀

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U.S. Encryption Tsar: Will pay attention to victims related to Operation Choke Point 2.0 🇺🇸

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Michael Saylor: Even if BTC reaches $1 million, I will continue to buy 💪

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U.S. Treasury Secretary Janet Yellen once again called for stricter regulation of crypto assets and stablecoins, and pointed out the need to address the vulnerability in the financial system 🛡

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✈️ Telegram founder Pavel Durov was questioned about a legal case involving the alleged Telegram application for the first time in the Paris Court on December 6, charges of assisting in criminal activities

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🇰🇷 Many senior leaders of South Korea's ruling party resigned

In response to the cancellation of the impeachment case of President Yoon Seok-yue due to the boycott of the ruling National Power Party of South Korea, the spokesman of the National Power Party in the House said, "Apologize to the people who have suffered a great impact due to the declaration of emergency martial law, and the National Force Party will formulate to clean up the political situation. Countermeasures to minimize the gap in national affairs.

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🔈 South Korean ruling party leader: South Korean President Yoon Seok-yue promised to leave office early

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🗞 December 7, 2024 cryptocurrency news highlights

【Cryptocurrency】
Czech gov’t moves to exempt crypto sales from capital gains tax after three years and transactions under $4,200 from reporting 🛫

【Economy】
U.S. Treasury Secretary Janet Yellen once again called for stricter regulation of crypto assets and stablecoins, and pointed out the need to address the vulnerability in the financial system 🛡

【Indicators】
ARK Invest CEO Cathie Wood says, “Even after breaking through $100,000, Bitcoin still is in early innings.” 🚀

【More】
Telegram founder Pavel Durov was questioned about a legal case involving the alleged Telegram application for the first time in the Paris Court on December 6, charges of assisting in criminal activities ✈️

South Korean ruling party leader: South Korean President Yoon Seok-yue promised to leave office early 🔈

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JOHN MCAFEE 🔥: "If Bitcoin breaks $100K, you can bet it'll hit $1M."

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