🗞 December 20, 2024 cryptocurrency news highlights

【Cryptocurrency】
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.📉

【Economy】
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.

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

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

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Ethereum Surges Above $3,400🔼

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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). 📈

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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 📤

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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 💰

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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 💥

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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 💪

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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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🗞 December 21, 2024 cryptocurrency news highlights

【Cryptocurrency】
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) 📈

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

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

【Indicators】
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 💪

【More】
Ondo announced a donation of $1 million to the Trump Inauguration Fund to assist in the formulation of new encryption policies 💰

📱@Money 📱Twitter

El Salvador purchased 11 BTC for their Strategic Bitcoin Reserve 🔥

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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 📉

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In the past 24 hours, 139,096 traders were liquidated, with total liquidations reaching $339.25 million. The largest single liquidation order occurred on Bitmex for XBTUSD, valued at $2.91 million 🫠

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Bitcoin dropped below $97,000, currently trading at $96,879, with a 24-hour decrease of 0.41%.💰📉

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Bitcoin falls below $96,000, down 1.73% in 24 hours

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Bitcoin recovers above $97,000

According to HTX market data, Bitcoin rebounded to break through $97,000 and is now quoted at $97,101, a 24-hour drop of 1.3%.

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UAE holds $40 billion worth of Bitcoin

The UAE has actively created a favorable environment for the development of cryptocurrencies through initiatives such as the Cryptocurrency Center at the Dubai Multi Commodity Center.

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🗞 December 22, 2024 cryptocurrency news highlights

【Cryptocurrency】
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 📉

【Economy】
UAE holds $40 billion worth of Bitcoin

【Indicators】
In the past 24 hours, 139,096 traders were liquidated, with total liquidations reaching $339.25 million. The largest single liquidation order occurred on Bitmex for XBTUSD, valued at $2.91 million 🫠

【More】
El Salvador purchased 11 BTC for their Strategic Bitcoin Reserve 🔥

📱@Money 📱Twitter