Yesterday, Fidelity's FBTC saw a net inflow of $40.2 million, while BITB had a net inflow of $48.0 million.🕯

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Report: Bull Market Far From Over, Bitcoin Expected to Rise to $146,000 in This Cycle💰

➡️ Read Here

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November stablecoin trading volume on centralized exchanges (CEX) surpassed $1.8tr, with Tether (USDT) accounting for 70%.

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Hong Kong plans to exempt private equity funds, hedge funds and the investment vehicles of the super-rich from paying tax on gains from cryptocurrencies, private credit investments and other assets, as it seeks to become a top offshore finance hub.

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Bitcoin Falls Below $95,000

Bitcoin has dropped below $95,000, now priced at $94,665, with a 24-hour gain narrowed to 1.35%.

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🇨🇦 Vancouver’s mayor proposes a motion to safeguard the city's purchasing power—by embracing Bitcoin 🙌

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🗞 November 28, 2024 cryptocurrency news highlights

【Cryptocurrency】
Hong Kong plans to exempt private equity funds, hedge funds and the investment vehicles of the super-rich from paying tax on gains from cryptocurrencies, private credit investments and other assets, as it seeks to become a top offshore finance hub.

【Economy】
🇨🇦 Vancouver’s mayor proposes a motion to safeguard the city's purchasing power—by embracing Bitcoin 🙌

【Indicators】
Yesterday, Fidelity's FBTC saw a net inflow of $40.2 million, while BITB had a net inflow of $48.0 million.🕯

【More】
Report: Bull Market Far From Over, Bitcoin Expected to Rise to $146,000 in This Cycle💰

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Metaplanet to raise up to $62 million to buy more Bitcoin 🔥

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🇺🇸 The FOMC's consideration of a 5-basis point reduction in the RRP award rate aims to incentivize outflows from the RRP and bolster bank reserves, ensuring liquidity in the financial system 📈

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North Korean hackers' intensified crypto scams, targeting IT firms, pose a significant threat to the industry, necessitating enhanced cybersecurity measures 🇰🇵💻🤔

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Japan's Web3 and crypto policy department has been reorganized, indicating continued government support for the industry's growth and development 🏛🇯🇵

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NEW: 🇨🇳 Shares of Chinese # Bitcoin miner SOS Ltd. surge 40%+ after announcing purchase of $50M worth of Bitcoin as a store of value 🔥The company will deploy trading strategies to maximize returns and hedge against market volatility.

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Bitcoin Surges Above $96,500🔼

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Stablecoins hit a record $190bn market cap, a 46% rise this year, regaining ground lost from the collapse of TerraUSD in 2022.

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Coinbase will end USDC rewards for holders in the European Economic Area (EEA) on December 1, with rewards accruing until November 30. The decision is due to the upcoming Markets in Crypto-Assets (MiCA) regulation.

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Bitcoin breaks through $97,000, up 2.2% in 24 hours

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Russian citizens have increased their crypto trading activity, with traffic from Russia to cryptocurrency exchanges rising by 56.5% since March, according to a report by the Bank of Russia.

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🗞 November 29, 2024 cryptocurrency news highlights

【Cryptocurrency】
Russian citizens have increased their crypto trading activity, with traffic from Russia to cryptocurrency exchanges rising by 56.5% since March, according to a report by the Bank of Russia.

【Economy】
Coinbase will end USDC rewards for holders in the European Economic Area (EEA) on December 1, with rewards accruing until November 30. The decision is due to the upcoming Markets in Crypto-Assets (MiCA) regulation.

Japan's Web3 and crypto policy department has been reorganized, indicating continued government support for the industry's growth and development 🏛🇯🇵

【Indicators】
Stablecoins hit a record $190bn market cap, a 46% rise this year, regaining ground lost from the collapse of TerraUSD in 2022.

【More】
NEW: 🇨🇳 Shares of Chinese # Bitcoin miner SOS Ltd. surge 40%+ after announcing purchase of $50M worth of Bitcoin as a store of value 🔥The company will deploy trading strategies to maximize returns and hedge against market volatility.

📱@Money 📱Twitter

Chinese gaming giant Boyaa Interactive overtakes 🇯🇵 Japan's Metaplanet as Asia's largest corporate Bitcoin holder after converting 💵 $49.5M worth of Ethereum into BTC.

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Bitcoin surges over $100K on CME Futures⚠️

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