GlobalCrypto

Binance gets its 21st global license in Brazil and acquires Sim;paul to expand services under new cryptocurrency regulations

Binance has received its 21st global license after receiving approval from Brazil's Central Bank. This follows Binance's acquisition of authorized broker-dealer Sim;paul, strengthening its position in one of Latin America's largest economies. Obtaining the license will allow #Binance to offer expanded services in line with Brazil's evolving financial regulations.
Sim;paul has licenses to distribute securities and issue electronic money, giving Binance a strategic advantage in expanding its services in the local market. Binance will have a strategic advantage in expanding its services in the local market. Richard Teng, CEO of Binance, emphasized the importance of Brazil in the company's global growth strategy, while Guilherme Nazar, Binance's head of Latin America, stressed that this achievement demonstrates Binance's commitment to regulatory compliance and high levels of service
Brazil is emerging as a global leader in #cryptocurrency regulation. The country ranks 10th on Chainalysis' Global Cryptocurrency Adoption Index and is actively developing a regulatory framework focused on asset segregation and stable coins. The adoption of the law reflects Brazil's desire to strike a balance between innovation and financial security.
The green light from the regulator will allow Binance to continue its integration into Brazil's fast-growing cryptocurrency sector. Brazil is already showing significant trends in cryptocurrency adoption, including market leadership with the #Solana ETF.
Binance's success in Brazil is part of a broader global regulatory strategy. In early 2023, Binance will receive a license to operate in Argentina and India in the emerging cryptocurrency ecosystem.
The company has received licenses to operate in the emerging cryptocurrency ecosystem in Argentina and India, with great success.

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In this article:Metaplanet wants to increase its bitcoin fund to 10,000 BTC by 2025.

The company has made significant progress in transitioning to #bitcoin and wants to maintain it.
Microstrategy's bitcoin purchases will account for 28% of capital inflows into the #cryptocurrency market in 2024.
Japanese bitcoin agency Metaplanet wants to increase its bitcoin fund to 10,000 #BTC by 2025. The company's CEO Simon Gerowitz revealed this goal on New Year's X.
According to Gerowitz, 2024 will be a pivotal year for Metaplanet as the company will expand its bitcoin treasury and establish itself as a leading bitcoin treasury in Asia. and establish itself as a leading bitcoin treasury in Asia. He also said that the company plans to double its prize pool.
He said: Last year was a year of change. We broke records, expanded our bitcoin treasury and strengthened our position as the leading bitcoin treasury company in Asia. This year, we are focused on achieving our goals and creating more value for our shareholders.
The company currently holds 1,762 BTC worth $172.42 million, which is a significant amount considering it started buying BTC in May 2024. Its largest purchase was in December 2024, when the company bought 620 BTC worth US$60 million at an average price of about US$BTC While the 10,000 BTC mark is still a long way off, the company will rely heavily on the capital market instruments it used in 2024 to fund its BTC purchases. The company intends to do just that. The company has financed its purchases with loans, convertible bonds, stocks and other instruments and will continue to do the same in 2025.
Metaplanet's goals go beyond acquiring more bitcoins in the new year. The company also plans to launch new initiatives to promote bitcoin adoption in Japan and increase its influence in Japan and the bitcoin ecosystem.

Last year, Metaplanet's stock price rose 2,629% thanks to its bitcoin strategy.
As of Dec.

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There were significant outflows from Bitcoin Spot ETFs with net losses of $227 million on December 23, reflecting increased investor caution. In contrast, the Ethereum ETF posted a net gain of US$131 million on December 23, a significant inflow reflecting institutional investors' growing acceptance of and confidence in Ethereum. Contrasting trends in

ETF flows are that #bitcoin the cryptocurrency market has recently seen contrasting trends in the performance of Bitcoin (BTC) and #Ethereum (ETH) exchange-traded funds (ETFs). While the Bitcoin spot #ETF experienced significant outflows, the Ethereum ETF saw significant inflows, indicating a shift in investor sentiment and market dynamics.
the Bitcoin spot ETF experienced significant outflows and recorded a net loss of $200 million on December 23.27 million, recording a net loss of $27 million. This was the third consecutive day of outflows from the BTC Spot ETF, reflecting growing caution among investors.
Despite this decline, the total net asset value of the Bitcoin Spot ETF remains large at $105,084 million, underscoring its enduring importance in crypto investing. The continued outflows indicate a shift in investor sentiment, likely influenced by broader market trends and profit taking.
Fidelity's FBTC, in particular, experienced the largest outflow, losing about $145.97 million in a single day. Other major bitcoin ETFs, such as GBTC from Grayscale and BTCO from Invesco, also recorded significant outflows.
In contrast to bitcoin, the Ethereum ETF recorded significant inflows, posting a net gain of $131 million on Dec. 23. This positive trend was led by BlackRock's ETHA, which recorded a net inflow of $89.51 million, followed by Fidelity's FETH with $46.37 million. The inflows into ethereum ETFs reflect the recognition of ethereum as an important player in cryptoinvestment portfolios.
Bitcoin and Ethereum ETF flows are diverging, emphasizing the contrasting investment models of the two major cryptocurrencies. While bitcoin is undergoing a period of consolidation, Ethereum continues to attract investor interest due to its expanding applications and technological advances.

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According to analysts, the crypto whale has absorbed $2,698,600 worth of XRP and Dogecoin (DOGE) in just two days - The Daily Hodl

At the time of writing, #XRP was trading at $2.54, indicating that the whale has amassed $2.54 billion worth of #altcoins .
Referring to the popular #DOGE meme, Martinez says the crypto-kit has collected a large number of dog-themed altcoins in two days.
"Whale has collected over 470 million #Dogecoin DOGE in 48 hours. Dogecoin DOGE has been purchased!
Given that Doge is trading at $0.338 at the time of writing, Whale's Dogecoin fund is worth $158.86 million.
In total, investors with deep pockets have accumulated $2.698 billion worth of XRP and DOGE.
Looking at the chart, Martinez predicts that XRP will soar to a huge price in February and notes that the asset has two potential entry points.
"The first is the rising pennant trendline at $2.05. The second is a break above the pennant at $2.50. Regardless of the entry, the target remains at $10! '
Cryptostrategy continues to note that inflows into digital assets have declined over the past 30 days.
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The rise of cryptocurrencies has become a major challenge for traditional investors, many of whom struggle to understand their abstract value and futuristic potential. Rob Nelson, roundtable host

, futurist and founder of #Quant Index. He joined Armando Pantoja to talk about how traditionally minded people can embrace this paradigm shift and find opportunities in the digital economy.
There are two types of people who are exposed to #cryptocurrencies . One type is someone who will never want to accept cryptocurrencies. The other type will take a step back and think, 'What did I miss? ' How can we change our mindset to adapt? Nelson emphasized that those who are willing to embrace change will thrive in the coming years as cryptocurrencies continue to shape the financial landscape.
Nelson noted the skepticism of many traditionalists and recalled a conversation with a representative from #Bitcoin Magazine.
: We were joking that people were saying, 'It's just numbers and calculations, how can it be worth anything? ' Then he said: When we go to Mars, we're not going to put gold on rocket ships.
Nelson noted that this shift in thinking requires a shift away from the tangible measures of value that have historically dominated finance.
Pantoja emphasized that traditional measures such as gold and physical assets are no longer fully viable in the digital age.
Intrinsic value is evolving. We used to measure value in tangible assets like gold or farmland, but now abstract concepts like #blockchain have real value. This is hard for traditionalists to understand, but we need to broaden their thinking.
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Ethereum Chief Developer Eric Connor leaves community, says management issues led to loss of passion after 11 years of work

Ethereum Chief Developer Eric Connor says management issues led to loss of passion after 11 years of work,
Connor posted the news on his X account (formerly Twitter) days after co-founder Vitalik Buterin shared his plans to take back leadership of the foundation.
Eric has been working at #Ethereum Foundation for the past 11 Eric has been working at Ethereum Foundation for the past 11 years. Despite being one of the key developers during that time, he expressed frustration with the priorities of the management team and said that he "lost his passion".
He stated that the needs and wants of the community were the last bastion of the ecosystem. The managers failed to recognize this and prioritize.
In a message regarding the decision, Connor said: "I'm not dot es anymore. Maybe someday the people in leadership positions will step up for the community, but for now I'm out. In my heart of hearts, I hope Ethereum succeeds.
Connor announced plans to work on combining #cryptocurrency and artificial intelligence and said he will join Freysa AI for this new project.
After co-founder Vitalik Buterin confirmed his authority over the Ethereum Foundation, his departure
After co-founder Vitalik Buterin confirmed his authority over the Ethereum Foundation, he announced his departure.
Buterin emphasized his role in the foundation in a statement, saying. "One of the goals of the current reforms is to create a 'real board,' but until then, I will be there.
The announcement comes amid growing calls for developer Danny Ryan to take the top job.
Eric expressed his support for Ryan in a January 15 post on X: "If EF doesn't hire Danny Ryan as CEO of EF. If they don't hire him, it's time for an uprising.

Current developments at EF support restructuring the leadership. '

He detailed the goals, including improving technical leadership.

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As cryptocurrency exchange-traded funds (ETFs) consolidate their position in the broader market, market participants are anticipating new launches.

Following the successful integration of #bitcoin and ethereum-based ETFs in 2024, community members are raising expectations for Cardano-based ETFs. Expectations are rising, which should strengthen the price of ADA.
a new move by the U. S. Securities and Exchange Commission reinforces this bullish outlook. The regulator has officially approved a Cardano-based exchange-traded fund launched by leading investment firm #Grayscale .
The SEC's approval of Grayscale's #ETF , which was filed ahead of the others, shows that the regulator is interested in altcoin-based ETFs.
Notably, Grayscale, a U. S. digital asset manager with $50 billion in assets under management, has been advocating for a digital asset-based ETF. This is particularly useful for traditional investors who want to expand their portfolios without directly entering the volatile cryptocurrency sector. For years, key figures in the traditional financial world have used ETFs to increase their holdings in cryptocurrencies After the successful launch of
Bitcoin Spot ETF in January 2024, investment firms have continued to expand their reach Grayscale launched the #Cardano ETF. Along with several ETFs for altcoins such as Dogecoin and Polkadot.
Like Bitcoin (BTC) and Ethereum (ETH), ADA Cardano could benefit greatly from long-term consolidation of Cardano-based ETFs.
It's worth noting that the price of BTC jumped significantly after the launch of several new bitcoin-based ETFs in the first quarter of last year.
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Big investors buy up 20,000 BTC, boosting confidence in the market.

Big investors buy up 20,000 #BTC , boosting confidence in the market.
the market remains stable despite the fluctuations.
Specialists are predicting a possible increase in quotes.
Over the past two days, large holders of #bitcoin increased reserves by more than 20 thousand coins, which attracted the attention of analysts tracking #blockchain transactions. Addresses with substantial amounts of #cryptocurrency participated in the transactions.
the activity of players with large capital stimulated market changes, increasing optimism and creating prerequisites for a recovery trend. Despite the current uncertainties, the long-term outlook is seen as positive.
recent whale acquisitions exceeded 20000 BTC, which was reflected in the price dynamics. Such actions confirm the involvement of institutional participants and possible revision of investment strategies. Santiment and Lookonchain platforms officially recorded these transactions.
Market changes initiated by whales provoked discussions about the formation of an uptrend. The price of BTC continues to fluctuate, but large-scale purchases indicate the confidence of major players. Such actions often become an indicator of impending changes.
expert Ali Martinez drew attention to strategic accumulation: The whales' acquisition curve shows exponential growth. They added another 20,000 BTC to their reserves overnight.
This reinforces growth expectations if the current momentum continues. Macroeconomic background remains a significant factor of influence.
Interesting fact:
At the time of publication, bitcoin is trading in the range of $27.3-28 thousand, stabilizing around $27.5 thousand. Historical data shows that the concentration of whale activity often precedes sharp price changes, which supports optimistic forecasts.

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Senator Elizabeth Warren has accused Donald Trump and Elon Musk of facilitating tax evasion through mass layoffs at the Internal Revenue Service.

Senator Elizabeth Warren has accused Donald Trump and #Elon Musk of facilitating tax evasion through mass layoffs at the Internal Revenue Service.
The IRS plans to cut nearly half of its workforce as part of Trump's job-cutting plan, with 7,000 employees already laid off.
Senator Warren joined Massachusetts lawmakers in condemning President Trump's economic plan, calling it a sandstorm of chaos that will benefit billionaires at the expense of working families
Senator Elizabeth Warren called out former President Donald accused former President Trump and billionaire Elon Musk of pandering to the rich to avoid taxes. She believes Trump and Musk are pressuring the Internal Revenue Service (IRS) to cut staff and cover up tax delays by American billionaires.
On Wednesday, Warren reprinted an Associated Press article on Site X, saying, Donald Trump and Elon Musk are pandering to the rich to cheat on their taxes. They're happy to make them wait for their tax refunds so they can cheat. How does it work?
The Associated Press noted that the IRS could cut nearly half of its staff. According to sources familiar with the situation, the IRS is developing a plan to reduce its staff through layoffs, attrition and incentive buyouts.
As Cryptopolitan previously reported, the IRS currently employs about 90000 employees across the United States. According to the agency, 56% of employees are people of color, and 65% are women. In February, the agency has already laid off about 7,000 probationary employees (i. e. those who have worked less than one year) as part of a staff reduction.
the Trump administration's plan to shrink the federal government was developed by Musk's Ministry of Government Efficiency. The plan is headed by the Department of Government Efficiency.

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An anonymous crypto analyst calling himself Momentum Chaser has refuted claims that the US Department of Government Efficiency (DOGE) has saved $55 billion of taxpayer money by forcing the department to revise its figures.

The #DOGE website, headed by #Tesla founder #Elon Musk, shows that the federal government 55 billion in various funding cuts and shows cuts to several agencies. However, according to Momentum Chaser, the actual figure is much lower.
U. S. President Donald Trump has said that 20 percent of the money DOGE will "save" will go directly to taxpayers and another 20 percent will be used to pay down the national debt.
News outlets such as the New York Times and the Huffington Post have also taken notice of DOGE's figures. Despite the changes, DOGE claims that the final amount of the budget cuts is $55 billion, causing observers to worry about how much trust can be placed in the department tasked with cutting wasteful government spending.
Since the interim committee was formed, Musk has wasted no time. Without wasting time, he has identified and reduced areas of perceived waste in the federal government.
Musk claims he can reduce federal government spending by about $2 trillion at a rate of $4 billion a day. So far, he says he has cut about $55 billion.
the idea of a "DOGE dividend" was originally proposed to Site X by James Fishback, CEO of investment firm Azoria, who is rumored to be an outside advisor to DOGE. Under the plan, which Musk says he will show the president, $2 trillion would be divided among 79 million households, "net payers" of income tax, yielding a dividend of $5,000 per household.
While DOGE appears to be on track to reach its $2 trillion goal, some question whether the organization is accurately reporting how much it has saved.
Pseudonymous user X Momentum Chaser pointed out several errors in DOGE's calculations. First, an $8 million contract for the Department of Homeland Security was incorrectly listed as $8 billion.

However, DOGE reportedly miscalculated this amount as well.

Fourteen U. S.

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What is Tesla's trajectory in 2025 after the Trump enthusiasm subsides - Tokenist

Three weeks ago, we argued that Tesla's stock rise was temporary due to the Trump and Musk alliance. At the time, TSLA's stock price was $487 compared to $396 today.
however, #Tesla stock has returned 63% in three months. That's well above the 2.9% of the S&P 500 Index (SPX) and the 5.5% of the Nasdaq 100 Index (NDX) over the same period.
As with the Mimecoin #cryptocurrency , the hype is short-lived. Now that the reality of Trump's second term is settled, what should Tesla investors expect in 2025.
After numerous reviews, Tesla's Cybertruck electric pickup truck can be seen as a significant waste of resources. Not only was it not as good as other Tesla products, but it was overpriced.
Not only was the Cybertruck less reliable than expected, it also ate up the Land D's budget, putting Tesla off the path to affordable EVs. Most importantly, this comes at a time when Chinese EV manufacturers are expanding their operations and can offer EVs for under $BTC both the EU and the US want to switch from gasoline-powered cars to electric vehicles, but are doing their best to significantly delay the transition by imposing high tariffs on Chinese automakers. This has been a lifesaver for Tesla, as the Biden administration quadrupled such tariffs through 2024, and the tariff-oriented Trump administration is expected to raise tariffs further.
In other words, Tesla's cyber truck experiment got a reprieve thanks to tariffs. Tariffs have given Tesla's cyber truck experiment a reprieve. However, in the long run, Tesla will have to strengthen its #core business model with cheaper EV models. In addition, Tesla's reputation is largely based on its autonomous driving potential.
Join the Telegram group to never miss the latest news about your #digital assets.

However, there is still a lot of uncertainty as to when this will happen.

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