☕️ GM! Here are the top events in #Crypto from the past 24 hours
📊 Market Updates
🔸Spot Bitcoin ETFs, launched a year ago, generated $660B in trading volume, legitimizing Bitcoin with $50B AUM led by BlackRock.
🔸Bitcoin consolidates below the 20-day EMA at $94K, with analysts warning of potential sell-offs around Trump's Jan. 20 inauguration.
🔸Heritage Distilling adopts Bitcoin for payments and treasury use, becoming the first publicly traded distiller to integrate cryptocurrency.
🌟 Highlights
🔸The Litecoin X account was hacked briefly to promote a fake token on Solana. This adds to a recent trend of X account breaches targeting crypto scams.
🔸Data shows 99.6% of Pumpfun traders haven't locked in over $10K in profits, though unrealized gains may paint a different picture.
🔸Kenya drafts cryptocurrency legislation to establish a fair market and address risks, with public feedback open until Jan. 24.
🔸A Meta shareholder proposes allocating part of its $72B cash reserves to Bitcoin, citing inflation resistance and long-term value growth.
🔸The New York AG filed a lawsuit against crypto scammers for stealing $2.2M via fake remote job offers, served via NFT.
🔸Wolf Capital co-founder pleaded guilty to a $9.4M Ponzi scheme, promising 547% annual returns but misusing funds for personal gain.
🔸Aiccelerate DAO, valued at $150M, faced criticism after insiders sold tokens post-launch. It plans to add vesting to address concerns.
