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South Korea confiscates $9.3M in BTC

The South Korean prosecutor’s office seized Bitcoins valued at $9.3 million from an unnamed crypto operation allegedly scamming the nation’s elderly.

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Lost billions of dollars, but at least there’s a NY apartment

In 2015, a seller on the esteemed "Million Dollar Listing" program declined an offer of 50,000 Bitcoin in exchange for a $14 million apartment in New York, forfeiting the potential to earn billions.

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Tether ceases EURT stablecoin

Tether announced it is discontinuing its Euro-pegged stablecoin EURT, halting new minting in response to evolving European regulatory frameworks.

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Russia enacts new cryptocurrency taxes

Russian Federation Council approved legislation taxing cryptocurrency transactions, recognizing digital currencies as property, and implementing a 13-15% personal income tax. Russian crypto miners are exempt from VAT on mined coins.

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Pavel Durov

⭐️ The @Major mini app is one of my favorite success stories in the Telegram ecosystem. Launched by @Roxman, a 27-year-old entrepreneur, Major earned over $10 million in revenue and gained 70 million users in just 5 months 📈 ⭐️ I like Major because it’s quick…

⭐️The listing of $MAJOR (the token of the trend-setting game @Major on Telegram) has taken place.

Pavel Durov himself noted this game and praised the developers.

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🔥 Tax exemptions for crypto in Hong Kong

HK intends to exempt hedge funds and investors from taxes on crypto gains to enhance its status as a financial hub, aiming to create a favorable environment for asset managers.

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Interesting: Top 10 largest Bitcoin holders among corporations

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New crypto haven in Asia

Indonesia’s cryptocurrency market has reached a new milestone in 2024 with transactions amounting to over 475 trillion Indonesian rupiah ($30 billion), marking a 352% increase compared to last year’s $6.5 billion.

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📣 The crypto banana will be eaten Cryptocurrency entrepreneur Justin Sun plans to eat a banana taped to a wall, an artwork he bought for $6.24 million at Sotheby’s auction in New York. @just 📰

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No sooner said than done

Here is the most expensive fruit snack in history!

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❕ Pump-Fun suspends live streaming Solana-based meme coin platform Pump-Fun halts live-streaming due to abusive content reports. @just 📰

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Pump-Fun is on the verge of closing down after trash streams

Pump-Fun faces a drastic revenue decline and decreased user engagement. Analyst Min Jung highlights concerns about the sustainability and future of such platforms.

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Bitcoin touched $100,000, but there’s a catch…

This happened on the CME Futures chart, where Bitcoin surpassed the $100,085 mark this morning.

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Rise of the Week: $MAJOR

24H Trading Vol: $266M
Total Supply: 100M
Max Price: $1.9

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XRP to launch stablecoin

The launch of the XRP stablecoin is pending NYDFS approval on December 4, while the XRP price has surged by 16.38% to $1.83, with an 147.56% increase in daily trading volume.

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Bitcoin: high revenues, high expenses

In 2024, Bitcoin miners generated over $5 billion in revenue, with an expenditure of $3.6 billion on machinery and infrastructure for mining operations.

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📈 Market capitalization of $MAJOR has reached $140M. The price fluctuates between $1.1 and $1.4 per coin. It is just the beginning...

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Ether’s record-breaking feats

Not only Bitcoin sets records. On November 29, US spot Ether ETFs reached a record daily inflow of $332 million, outperforming Bitcoin’s ETFs. Also, ETH surpassed TRON as the leading USDT network.

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