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Bitcoin ($BTC ) has recently surpassed the $100,000 mark, reaching a new all-time high. This milestone reflects growing institutional interest and increased adoption of cryptocurrencies.
In other developments, Tether, the largest stablecoin issuer, anticipates net profits exceeding $10 billion by the end of 2024, indicating significant growth in the stablecoin market.
Additionally, North Korean hackers have reportedly stolen $1.3 billion in cryptocurrencies in 2024, highlighting ongoing security challenges in the digital asset space.
Bitcoin (BTC) has become a household name in the world of finance and technology. As the first decentralized cryptocurrency, Bitcoin has revolutionized the way we think about money, transactions, and the global economy. Created in 2009 by an anonymous individual or group known as Satoshi Nakamoto, Bitcoin offers a peer-to-peer system that allows people to transfer value across borders without relying on traditional financial institutions.
On December 26, 2024, the Central Bank of Brazil proposed a ban on stablecoin transfers to self-custody wallets, such as MetaMask and Trezor, aiming to regulate the use of these assets within the country's financial system.
As we approach the end of 2024, cryptocurrencies have been on a strong rise, with Bitcoin hitting $98,600 after a massive 130% growth this year! š Could it break the $100,000 barrier soon?
Meanwhile, Ethereum Name Service (ENS) is expanding its services by introducing innovative ā.boxā domains, making it easier than ever to bridge Web2 and Web3. šš
The MENA region is also becoming a new hub for crypto innovation, with CoinExās ambitious regional expansion plans. š¼š„ Will we see more crypto adoption in our region?
But the news is not without its challenges, as Russia has announced a ban on cryptocurrency mining in key regions starting in 2025, a decision that raises questions about the future of mining globally. āš”
What do you think? š¹ Do you think Bitcoin will reach new historical highs? š¹ How do you see innovations like ENS impacting the future of cryptocurrencies?
š¬ Share your thoughts in the comments and get ready for an exciting digital future!
Cryptocurrencies in the Spotlight: Are We on the Brink of a New Boom?
The cryptocurrency market has been experiencing extraordinary movements in recent days, with Bitcoin crossing the $100,000 mark for the first time in its history, sparking a wave of enthusiasm among investors. This historic rise is not just a number, but a reflection of the growing global trend towards adopting cryptocurrencies as a major financial instrument.
Today's Markets: Optional Opportunities or Imminent Danger?
In the details of the miraculous economic events that the world is experiencing, as it witnesses unnecessary changes. Because of what they suffer from symptoms of feelings between fear and suffering, as breaking news and daily analyses control the market movement. What is happening today? And what are the most important things awaiting investors in the near future?
XRP is a digital asset from Ripple Labs, created in 2012 with the goal of providing a faster and more efficient global payment system compared to traditional systems such as SWIFT. XRP is based on distributed ledger technology and uses the Recurring Protocol Consensus Algorithm (RPCA) instead of traditional mining, making transactions faster and less expensive.
TON price drops sharply due to Telegram founderās arrest
Ton coin (TON) has seen a sharp drop of more than 20% in recent days, reaching around $5.3 after French authorities announced the arrest of Telegram founder Pavel Durov. The drop comes after years of remarkable growth for the coin, as its value has doubled over the past year by more than 288%, reflecting its strength in the market.
Despite the current decline, the coin still has a promising future thanks to its integrated ecosystem with the Telegram platform, which offers innovative solutions such as digital payments and decentralized applications (DApps).
The question remains about the impact of this event on the currencyās path in the near term, as investors await developments in the case and Durovās upcoming decisions.