CryptoQuant CEO: Korean investors buy BTC and USDT at 3 to 5% premium

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The National Bank of Cambodia (NBC) has approved the operation of Category 1 cryptocurrency assets, including stablecoins, by commercial banks and payment institutions.

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🗞 December 27, 2024 cryptocurrency news highlights

【Cryptocurrency】
Citi analysts predict strong crypto growth in 2025, driven by Trump’s policies, rising ETF inflows, and stablecoin innovation, boosting Bitcoin and DeFi 📈

【Economy】
The National Bank of Cambodia (NBC) has approved the operation of Category 1 cryptocurrency assets, including stablecoins, by commercial banks and payment institutions.

【Indicators】
Bitcoin rebounded and surged past $96,000, with a 24-hour decrease narrowed to 2.46%.🕯

【More】
Michael Saylor predicting the Bitcoin market will hit $180 TRILLION and beyond 🚀

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In the past 24 hours, Upbit's trading volume reached 4.98 billion USD, with the XRP/KRW trading pair accounting for 11.71% of the volume, leading the Korean won market. The rest are: UXLINK, ME, GMT, BTC.🪙📈

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The total open interest of Bitcoin futures contracts across all exchanges was 625,600 BTC (approximately $59.018 billion), with a 24-hour decrease of 4.5%.🪙

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BTC buy volume rose from less than $5B (Dec. 1) to almost $6B (Dec. 25), mirroring patterns before Bitcoin's 90% rally in early 2024.📊

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MicroStrategy has bought almost 200k bitcoin since announcing that they're going to buy $42 billion worth of bitcoin 🪙

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The U.S. Ins. Revenue Service will start taxing DeFi in 2027, and the platform needs to collect and report data from 2026 📣

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Solana co-creator Stephen Akridge was sued by his ex-wife, accused of stealing "millions of dollars" of SOL pledge proceeds 👨‍⚖️

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The Federal Reserve is trying to assess the impact of the new government on the economy and inflation 📊

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💰 BlackRock and Fidelity’s spot Ethereum exchange-traded funds bought a total of 101,390 ETH this week, worth about $342.2 million

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🔼Metaplanet CEO: So far this year, the company's stock price return ranks first among listed companies in Japan, as high as about 2600%

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🗞 December 28, 2024 cryptocurrency news highlights

【Cryptocurrency】
MicroStrategy has bought almost 200k bitcoin since announcing that they're going to buy $42 billion worth of bitcoin 🪙

【Economy】
The U.S. Ins. Revenue Service will start taxing DeFi in 2027, and the platform needs to collect and report data from 2026 📣

The Federal Reserve is trying to assess the impact of the new government on the economy and inflation 📊

【Indicators】
The total open interest of Bitcoin futures contracts across all exchanges was 625,600 BTC (approximately $59.018 billion), with a 24-hour decrease of 4.5%🪙

【More】
Solana co-creator Stephen Akridge was sued by his ex-wife, accused of stealing "millions of dollars" of SOL pledge proceeds 👨‍⚖️

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Bitcoin drops below $95,000, currently trading at $94,369.📉

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🚨LATEST: BlackRock and Fidelity spot Ethereum ETFs bought a total of about 101,390 ETH worth $342.2M this week.🔷

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🇺🇸 $5 billion Bitwise files for Bitcoin Standard Corporations ETF⚠️

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🇸🇻 As of December 29, El Salvador holds 6,000.77 BTC, valued at $569.3 million, with investment returns at 108.02% and an average purchase price of $45,450 per Bitcoin.

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Bitcoin ETF Net Inflows Reached $36.8 Billion, 81 Times Larger Than Gold ETFs 🔝

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Bitcoin Mining Powered by Over 56% Clean Energy

The percentage of clean or sustainable energy used in mining is currently 56.76%. Since April 2021, BTC's clean energy usage has been steadily increasing. The platform uses the Cambridge Center for Alternative Finance's definition of sustainability in its calculations to measure the use of clean energy, with relevant metrics depending on the proportion of crypto mining operations using energy sources such as wind, solar, hydro, and even nuclear power.

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AI concept tokens are generally rising, with prices of AIXBT, FAI and other currencies hitting new highs

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