In a heartwarming turn of events this holiday season, a memecoin launch on the Solana blockchain, $MIRA, spurred by a father’s call to action, has astonishingly amassed millions to fund research into a rare brain tumor. The campaign’s success illustrates a novel pathway for leveraging cryptocurrency for charitable causes.
The crypto market lost $500 billion following a Federal Reserve warning on inflation, but Bitcoin is rallying back, approaching the $100,000 milestone. Optimistic economic data and bullish investor sentiments fuel the recovery.
In 2023, Dogecoin (DOGE) showcased impressive growth, with $1000 investments soaring to remarkable returns, thanks to its strong community and celebrity endorsements. Meanwhile, the emerging AI-powered crypto platform, IntelMarkets INTL, is catching investors’ eyes with its promising presale gains, hinting at a lucrative future for early backers.
Effective December 14, Coinbase had delisted Tether (USDT) and five other stablecoins from its platforms in Europe in anticipation of the new MiCA regulations, but will continue supporting USDC and EURC which comply with the upcoming rules.
At the Bitcoin MENA conference in Abu Dhabi, key figures from President-elect Donald Trump’s cryptocurrency venture, including Eric Trump and Steve Witkoff, engaged with the crypto industry’s top minds as bitcoin values soared. The event underscored Trump’s commitment to making the U.S. a leading crypto hub.
Türkiye has secured its position as the third-highest nation globally for cryptocurrency ownership, with a 19.3% rate, trailing behind the United Arab Emirates and Singapore. The trend reveals a growing global adoption with 562 million individuals now holding digital currencies, as Asia leads the expansion.
In a groundbreaking move, Tether has minted a staggering 19 billion USDT within a single month, sparking debates over market liquidity and transparency concerns. This action underscores its pivotal role in the cryptocurrency ecosystem but also raises questions on oversight and stability.
The cryptocurrency sector’s valuation soared to $3.67 trillion, led by Bitcoin’s historic rally past $100,000, igniting significant gains in key PoW coins like DOGE, BCH, and LTC. The bullish wave occurred in the wake of Trump nominating Paul Atkins as the potential SEC head, seen as a positive move for the crypto industry.
In a surprising twist, cryptocurrency pioneer Justin Sun ate a piece of art – a banana duct-taped to a wall for which he paid $6.2 million – in a move blending art with blockchain’s unorthodox ethos.
Hong Kong aims to strengthen its position as a global financial hub by introducing tax exemptions on cryptocurrency gains for hedge funds, private equity funds, and specific family offices, in efforts to enhance its wealth management appeal.
