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Dogecoin (DOGE) dropped 12.4% to $0.31 in 24 hours amid a broader crypto market decline following Fed Chair Powell's inflation remarks. Trading volume surged 67% to $10.25 billion, with DOGE now 35% below its 2024 high of $0.47. Its market cap remains $46.6 billion, ranking it as the seventh-largest cryptocurrency.πŸ“‰

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Binance Futures Open Interest has decreased by 5.75% in the last 24 hours, currently standing at $32.435 billion.πŸ”Έ

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NFT monthly sales in December reached US$636.8 million, a new high since April

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Cryptopia, the New Zealand-based crypto exchange that filed for liquidation after a 2019 hack and a subsequent theft by a former employee in 2021, has started returning millions in crypto to users.

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The total market value of cryptocurrency fell below 3.4 trillion US dollars, a 24-hour drop of 9.4%

The total market value of cryptocurrency fell below US$3.4 trillion to US$3.399 trillion, a 24-hour drop of 9.4%; the current market value of Bitcoin has dropped to US$1.88 trillion, and its market share has dropped to 55.6%; Ethereum has the lowest market value 396 billion US dollars, accounting for 11.6% of the market.

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Trump’s crypto project World Liberty lost $6.15 million in cryptocurrency positions

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Ethereum Surges Above $3,400πŸ”Ό

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El Salvador adds 11 Bitcoin to its reserves just after a $1.4B IMF deal limiting government Bitcoin activities. Total holdings now 5,980.77 BTC (~$580M). πŸ“ˆ

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The 12 U.S. spot bitcoin ETFs recorded $680 million in outflows with the broader crypto market continuing to face a downturn πŸ“€

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πŸ“Š On December 20th, the U.S. spot Bitcoin ETF saw a net outflow of $57.4 million from GBTC, while Bitcoin (BTC) had a net inflow of $6.4 million. The spot Ethereum ETF experienced a net inflow of $7.5 million in ETHE and $8.1 million in Ethereum (ETH)

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Ondo announced a donation of $1 million to the Trump Inauguration Fund to assist in the formulation of new encryption policies πŸ’°

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Bitcoin rebounded to $99,000, completely smoothing out yesterday's decline ⬆️

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The U.S. Securities and Exchange Commission (SEC) said that Tai Mo Shan Ltd., a subsidiary of Jump Trading. It will pay $123 million to settle the accusations of misleading investors by stabilizing the currency during the TerraUSD crash πŸ’₯

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Ethereum NFT collections drive weekly volume to $304M. It is reported that Ethereum NFTs experienced a 76% week-on-week increase, reaching $201 million in sales volume. This represents 66% of all NFT sales volume over the past seven days πŸ’ͺ

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Brian Brooks, former acting director of the U.S. Monetary Administration, joined the board of directors of MicroStrategy ✨

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El Salvador purchased 11 BTC for their Strategic Bitcoin Reserve πŸ”₯

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Over the past week, Bitcoin has dropped 4.18%, while Ethereum has fallen more than 13% against the U.S. dollar. Many other cryptocurrencies have experienced even larger declines, with some losing 20% or more πŸ“‰

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