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 💰

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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 🔥

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A newly created wallet has transferred 4,199,996 OM from Binance in the past two days, equivalent to approximately $15.54 million.💣

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Dogecoin & PEPE stall as new $0.04 coin gains attention from small and large investors👨‍⚖️

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Ethereum has dropped below 3,300 USDT and is now trading at 3289.99 USDT, with a narrowed 1.47% decrease in 24 hours 🔽

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In the past 24 hours, 100,867 traders were liquidated, with total liquidations reaching $258.84 million. The largest single liquidation order occurred on Binance for BTCUSDT, valued at $4.76 million 💧

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Bitcoin rebounded and briefly surpassed $95,000, currently trading at $94,908.💰🕯

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Billionaire and Pantera Capital CEO says Bitcoin is going to $745,000 🚀

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Donald Trump appointed Bo Hines as executive director of the "Crypto Council," an advisory group composed of luminaries from the crypto industry, chaired by AI and Crypto Czar David Sacks.

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HIVE, UXLINK, and MOCA jumped to the top ten in Upbit’s Korean won market trading volume rankings

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Crypto ETFs, governments, and MicroStrategy now hold 31% of all known Bitcoins, up from 14% last year.

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