According to financial reports submitted to the U.S. House of Representatives, Georgia Republican Rep. Michael Collins disclosed transactions in the meme coin "Ski Mask Dog". According to a post on Stocktwits on X, Collins invested between $1,000 and $15,000 in the token in two separate transactions between December 1 and December 2, 2024. Data shows that the token has risen 10% since Collins bought it. In addition, Collins also disclosed in the same document that he purchased another low-market-cap token, Aerodrome. Over the past year, Collins has shown a wide interest in digital assets, purchasing more than $65,000 worth of Ethereum, $115,000 worth of Aerodrome, and small investments in The Graph (GRT) and Velodrome (VELO), each worth $15,000.

According to Odaily, the cryptocurrency market has witnessed a notable movement as Bitcoin (BTC) surpassed the 96,000 USDT mark. Currently, BTC is trading at 96,011.5 USDT, reflecting a 24-hour increase of 0.12%. This development highlights the ongoing fluctuations in the cryptocurrency market, where Bitcoin continues to show resilience and growth potential. The slight uptick in Bitcoin's value comes amid a broader context of market dynamics and investor sentiment. As Bitcoin maintains its position above the 96,000 USDT threshold, market participants are closely monitoring its performance for potential trends and future movements. The recent price action of Bitcoin underscores the importance of staying informed about market changes and understanding the factors influencing cryptocurrency valuations. As the market evolves, investors and analysts alike are keen to observe how Bitcoin's price trajectory unfolds in the coming days.

OKX market shows that BTC has broken through 96,000 USDT and is now at 96,011.5 USDT, with a 24-hour increase of 0.12%. (This newsletter is generated with the assistance of AI)

Amazon Web Services has announced Project Rainier, a massive AI supercomputer made up of hundreds of thousands of its in-house Trainium chips that will be operational by 2025. At its annual AWS re:Invent conference, AWS unveiled Project Rainier, billed as the world’s largest AI computing cluster that will be used by Anthropic, an AI startup in which Amazon recently invested $4 billion. AWS’s Trainium chips were designed by Texas-based Amazon-owned Annapurna Labs. Annapurna was acquired in 2015 and has fueled Amazon’s AI chip development, aiming to reduce its reliance on Nvidia. The company also unveiled a new Ultraserver during the event, which features 64 interconnected Trainium chips. AWS also announced Apple as one of its latest chip customers. Benoit Dupin, Apple’s senior director of machine learning and artificial intelligence, noted that they are testing the Trainium2 chip and expect cost savings of about 50%. (CryptoBriefing)

Polymarket data shows that users predict that there is less than a 10% chance that Microsoft shareholders will approve the Bitcoin investment strategy. Microsoft will vote on the Bitcoin investment plan on December 10. One Polymarket user commented: "If their stock can soar 50% as a result, why should they invest 1% in BTC? Microsoft's stock is in a long-term consolidation phase, and BTC adoption is a huge bullish driver for Microsoft." Another user said: "If institutional investors want to invest in Bitcoin, why don't they buy Bitcoin directly? They just confuse safe investments (Microsoft) with volatile investments (BTC), making their value assessment more difficult." The question of whether Microsoft should consider cryptocurrency as part of its long-term investment strategy stems from an October proposal by the National Center for Public Policy Research. (Cryptonews) Previously, MicroStrategy co-founder Michael Saylor told Microsoft CEO Satya Nadella and the board of directors that Bitcoin is the best asset the company can own. Saylor said in a three-minute video recently presented to Microsoft: "Microsoft cannot miss the next wave of technology, and Bitcoin is this wave. Bitcoin represents the greatest digital transformation of the 21st century and represents digital capital." Saylor went on to say that it "makes sense" for Microsoft to buy and hold Bitcoin instead of buying back its own shares or holding bonds. He further stated: "You have given up hundreds of billions of dollars of capital in the past five years, and you have only magnified the risks faced by shareholders. If you want to get out of this vicious cycle, you need an asset without counterparty risk." He added that assuming Microsoft converts its cash flow, dividends, buybacks and debt into Bitcoin, by 2034, Microsoft's stock price could increase by $584 per share and the enterprise value could increase by $4.9 trillion.

The post Bitcoin Jesus Fights Back: Roger Ver’s Legal Showdown appeared first on Coinpedia Fintech News Roger Ver, aka “Bitcoin Jesus,” is challenging an indictment accusing him of evading $50M in taxes tied to Bitcoin gains. Ver’s legal team argues the charges are politically motivated, citing government overreach and unconstitutional tax policies. Arrested earlier this year in Spain, Ver... source: https://coinpedia.org/crypto-live-news/bitcoin-jesus-fights-back-roger-vers-legal-showdown/

NOT A HOTELが借入で105億円調達 NOT A HOTEL（ノットアホテル）社が、複数の金融機関から借入を実施し、デットファイナンスによる総額105億円の資金調達を実施したことを11月2日発表した。 この調達は […] source: https://www.neweconomy.jp/posts/436370

The post Ripple’s Generosity: 1% Profits for a Better Tomorrow! appeared first on Coinpedia Fintech News Ripple has joined the Pledge 1% movement, committing 1% of its profits to philanthropic initiatives. Focused on blockchain innovation and financial accessibility, Ripple’s efforts align with the movement’s mission to encourage charitable contributions from global companies. Since 2018,... source: https://coinpedia.org/crypto-live-news/ripples-generosity-1-profits-for-a-better-tomorrow/

グレイスケール（Grayscale）は、最も新しいソラナETF（上場投資信託）競争の参入者となり、既存のソラナ・トラスト（GSOL）をETFに転換することを目指 ... The post グレイスケール、ソラナ・トラストのETF転換を申請 first appeared on CoinDesk JAPAN（コインデスク・ジャパン）. source: https://www.coindeskjapan.com/265106/

PendleがBaseのネットワークに対応開始 DeFi（分散型金融）プロトコルのペンドル（Pendle）が、イーサリアム（Ethereum）のレイヤー2ネットワークのベース（Base）に対応開始したことを11月27日に […] source: https://www.neweconomy.jp/posts/436361

Hydra market founder Stanislav Moiseev and 15 of his associates were sentenced to between 8 and 23 years in prison for their involvement in a darknet market and cryptocurrency mixer.

Grayscale has taken another major step toward expanding its influence in the digital asset market.

A spokesman for the White House National Security Council said in a statement that the South Korean president issued an emergency martial law order "without prior notice" to the Biden administration, and the White House did not receive any notification.

President-elect Trump has approached pro-crypto advocate Paul Atkins to lead the SEC, but insiders say the challenge of reforming Gensler's contentious agency may dissuade him.

This article uses the chaebol economy as a starting point to analyze South Korea's path to modernization and to reflect on the East Asian paradigm behind it.

Meme coin has almost occupied the top position in this round of bull market. Why? Because it has several unique characteristics.

My preference for productive assets with development arcs remains the same, but my appreciation for the broader potential of memecoin is much broader.

Virgin Voyages is making history as the first cruise line to accept Bitcoin, expanding on its innovative seasonal passes for unlimited voyages. Will this bold move chart success or face rough seas?

South Korean President Yoon Seok-yeol lifted martial law six hours after tensions mounted in the country's National Assembly.

South Korean President Yoon Seok-yeol suddenly declared a state of martial law across the country and emphasized in a televised speech that the move was aimed at "protecting a free South Korea, resisting the threat of North Korean communist forces, and eliminating anti-national forces from the North (pro-North Korea)."