South Korea’s Financial Services Commission (FSC) plans to allow public institutions such as universities to trade cryptocurrencies by 2025, and will eventually allow companies to open corporate crypto wallets. Several major universities have received cryptocurrency donations in recent years. But government guidelines currently prohibit them from selling cryptocurrencies for cash. Although there is no law that explicitly prohibits public institutions and companies from opening bank accounts linked to cryptocurrency wallets, regulators have told domestic banks not to accept applications from anyone other than private citizens. The FSC document allegedly outlines the “first phase” of the roadmap, which will allow “central government departments, local government agencies, public institutions, other non-profit organizations and universities” to “trade” cryptocurrencies. Universities such as Seoul National University will be able to sell long-held donation tokens such as WEMIX, and subsequent stages may allow companies and banks to participate in crypto trading, but listed companies may be restricted to holding crypto assets with only a small amount of capital. Experts said they believe SNU currently holds about 800 million won ($566,000) worth of WEMIX. (Hanguk Kyungjae)

According to the official announcement, the Korean cryptocurrency trading platform Bithumb will launch NEIRO, MORPHO, and SUNDOG Korean won trading pairs at 17:00 (UTC+8) on December 5, 2024.

Ethiopia's Bitcoin mining industry has risen rapidly and now accounts for 2.5% of the world's computing power. According to the Ethiopian Electric Power Company (EEP), local operations have consumed 600 megawatts of electricity. By the end of the year, this number may rise to 1 gigawatt, accounting for 7% of the global Bitcoin network computing power. Ethiopia has attracted crypto mining companies with its abundant hydropower and surplus renewable energy, and companies including BitFuFu and BIT Mining have invested heavily in the region. The local government has actively worked to position the country as a Bitcoin mining center, and the state-owned EEP has generated more than $55 million in revenue in the past 10 months through agreements with 25 Bitcoin mining companies. (CryptoSlate)

PancakeSwap Trading Volume Record hits $1.27B on December 4, driven by its SpringBoard platform, marking the highest single-day volume in a year. source: https://coincu.com/295342-pancakeswap-trading-volume-record-hits-1-27b

Who would have thought that this digital asset, born in the shadow of the financial crisis, would break through the historic mark of $100,000 on December 5, 2024, becoming a financial behemoth with a market value of nearly $2 trillion.

Bitget announced that it will launch Movement (MOVE) in the pre-market trading market at 15:00 today. Start time: December 5th 15:00 (UTC+8) End time: December 9th 19:30 (UTC+8) Spot trading time: December 9th 20:00 (UTC+8) Delivery time: December 9th 21:00 (UTC) Pre-market trading pair: MOVE/USDT

Market participants are closely watching the trend of Bitcoin after it breaks through $100,000. Investors and speculators may hope to profit from it. Steven McClurg, founder of digital asset investment company Canary Capital, said: "But once the market clears the sell orders, the price of Bitcoin may rise further, and the rise will be very rapid. It is expected that the price of Bitcoin will reach $120,000 by Christmas." (Reuters)

The moment all cryptocurrency investors have been waiting has finally arrived - Bitcoin managed to break the $100,000 level. The post BREAKING: Bitcoin Finally Hits New Record at $100,000 appeared first on Cryptodnes. source: https://cryptodnes.bg/en/breaking-bitcoin-finally-hits-new-record-at-100000/

كما توقعت من قبل بأن سعر اليورو سيظل ضعيفا ما دامت التوترات الاقتصادية والسياسية الاوروبية لاكبر أقتصادات منطقة اليورو قائمة وفى تزايد. وعلى أثرها ضعفت شهية المستثمرين تجاه اليورو. ليومين على التوالى حاول سعر اليورو مقابل الدولار الامريكى EUR/USD الارتداد لاعلى ولكن مكاسبه لم تتعدى مستوى 1.0544 قبل أن يستقر حول مستوى 1.0515 وقت كتابة … The post تحليل اليورو دولار ومكاسب الارتداد لاعلى قد تظل... source: https://www.tradersup.com/%d8%aa%d8%ad%d9%84%d9%8a%d9%84%d8%a7%d8%aa-%d9%81%d9%86%d9%8a%d8%a9/%d8%aa%d8%ad%d9%84%d9%8a%d9%84-%d9%81%d9%86%d9%8a-%d8%a7%d9%84%d9%8a%d9%88%d8%b1%d9%88-%d8%af%d9%88%d9%84%d8%a7%d8%b1-eur-usd/%d8%aa%d8%ad%d9%84%d9%8a%d9%84-%d8%a7%d9%84%d9%8a%d9%88%d8%b1%d9%88-%d8%af%d9%88%d9%84%d8%a7%d8%b1-%d9%88%d9%85%d9%83%d8%a7%d8%b3%d8%a8-%d8%a7%d9%84%d8%a7%d8%b1%d8%aa%d8%af%d8%a7%d8%af-%d9%84%d8%a7/139038

According to Whale Alert monitoring, a dormant address containing 10 BTC was just activated after 12.5 years, equivalent to approximately US$1.023 million, which was worth US$50 in 2012.

Grayscale Investments and the New York Stock Exchange (NYSE) filed the Solana ETF's 19b-4 filing with the U.S. SEC yesterday. With Grayscale joining the list, only BlackRock, Fidelity, ProShares, and Ark are among the major crypto ETF issuers that have not yet applied for the Solana ETF. It is worth noting that all of these proposed Solana ETFs will not provide investors with staking rewards. This is not voluntary. Solana ETF issuers followed the precedent of Ethereum ETFs and excluded staking rewards to comply with SEC guidelines. The details of the conversation between Ethereum ETF issuers and the SEC remain unclear. However, the SEC seems to be concerned about the classification of staking rewards as securities and the possible risk of fines for staking ETH. Therefore, when applying for Solana ETFs, these institutions abandoned the staking option from the beginning. However, issuers have repeatedly insisted that despite the lack of staking rewards, getting Solana compliant exposure directly in brokerage accounts makes these products still attractive. However, the opportunity cost of unstaking is much higher for Solana than for Ethereum. Ethereum’s current staking annual interest rate is 3.4%, according to the Ethereum Foundation. Solana’s average staking annual interest rate over the past week was 11.4%, according to 21.co. SOL’s staking rewards haven’t always been that high, but even in a relatively sluggish August, it yielded more than 8%. (Blockworks)

President Putin has called Bitcoin "unstoppable" and expressed confidence in crypto's growth, regardless of the US dollar's future. Russia is advancing digital asset adoption with a new crypto law, VAT exemptions for mining, and exploring crypto payments.

The RealClearMarkets/TIPP Economic Optimism Index in the United States has risen to its highest level since August 2021, but remains below pre-pandemic levels.

With the rapid development of the cryptocurrency industry, the phenomenon of "debanking" in the Web3 world has attracted increasing attention.

BTC, Bitcoin breaks through $100,000. Why? Golden Finance, Bitcoin still reaches the threshold of $100,000?

Putin announced that Bitcoin will be included in the national strategic reserves; Powell, the current chairman of the US SEC, delivered a speech, the content of which was still in line with people's expectations that the United States would cut interest rates by another 25BP in December.

Indian authorities uncovered $97 million in unpaid GST from crypto exchanges, with Binance owing $85 million. The government is cracking down on tax evasion, while Binance faces mounting global challenges, including regulatory issues in multiple countries.

BTC, Crypto Market, Bitcoin is back on the rise, breaking $100,000 for the first time. Golden Finance, On November 29, the wind suddenly rose. On December 5, the wind rose again.

YouTube's growing crypto viewership signals rising public interest, even if it doesn’t confirm market enthusiasm. With ETFs driving mainstream adoption, could this mark a broader surge in crypto trust and engagement?

With Paul Atkins taking office, the new SEC will abandon its crackdown on cryptocurrencies and make blockchain innovation part of its regulatory agenda.