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📣 Tether to launch AI platform in Q1 2025

Tether’s CEO Paolo Ardoino announced that the company is entering the artificial intelligence space, with a draft site ready and an official launch planned for the end of Q1 2025.

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💲 Tether commits $775M to Rumble

Tether has invested $775 million in the growing streaming platform Rumble, which is implementing a Bitcoin reserve strategy.

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⭐️ Just a market crash (read why) with minimum and maximum falls of the week.

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📣 Russia’s Central Bank rejects crypto investments

The Governor of the Central Bank, Elvira Nabiullina, has confirmed that there are no plans to invest in cryptocurrencies and reiterated the bank’s stance against using them for domestic payments.

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🔽 Massive crypto market crash: $310B lost in a day

The cryptocurrency market experienced a significant crash, losing $310 billion within 24 hours. The global market cap dropped by 7.90%, falling from $3.56 trillion to $3.25 trillion.

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🪙 Investors continue to accumulate BTC amid a crashing market

Despite market turmoil and $1B in leveraged liquidations over past 24 hours after the Fed’s hawkish message, Bitcoin has surged 130% this year, with continued investor accumulation.

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📣 CoinDesk removes article after Justin Sun’s objection

A CoinDesk article on Justin Sun’s banana-buying stunt was removed following his complaint about its tone.

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El Salvador agrees to IMF loan with BTC restrictions

El Salvador and the IMF have agreed on a $1.4B loan, conditional on scaling back positive Bitcoin policies. Critics accuse President Bukele of succumbing to international pressure.

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🔽 Fed’s BTC power limited causes price drop

Jerome Powell confirmed that the Federal Reserve cannot hold Bitcoin due to legal restrictions, leaving the decision to Congress. Bitcoin fell to around $100,300 after his remarks.

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President Trump’s speech reiterated his willingness to actively participate in shaping important crypto policies to establish the US as a leading force in the global crypto arena.

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📣 Criticism of Coinbase over WBTC delisting

Coinbase faces criticism from the crypto community for the lack of technical reasons in its decision to delist WBTC, instead attributing the action to risks associated with Justin Sun.

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⭐️ Ohio leads with BTC reserve initiative

Ohio has introduced a pioneering bill to establish a Bitcoin reserve, spearheaded by State Representative Wes Goodman, potentially positioning the state as the first in the US to hold BTC as a reserve asset.

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💲 Tether invests in Maltese firm amid MiCA implementation

Tether revealed its investment in Malta-based StablR. This strategic move aligns with Europe’s forthcoming enforcement of the Markets in Crypto-Assets Regulation, effective Dec. 30, 2024.

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🪙 BTC new ATH: $108,000

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Nigerian SEC threatens jail for crypto promotions

The Nigerian SEC may impose three-year jail terms on celebrities and influencers who fail to label crypto promotions as sponsored content.

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⚡️ Ripple launched the RLUSD stablecoin with NYDFS approval

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💎 Analysis: Toncoin’s recovery and mixed signals

Key points:

• TON has experienced a price increase, yet there has been a downturn in network activity, encompassing elements such as swaps and active addresses.
• Analysts have associated these price trends with the level of engagement on decentralized exchanges.


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