Category: crypto

Bitcoin has surpassed the $100,000 mark for the first time in history, reaching a peak of $103,465.81 on Dec. 5. This milestone has propelled Bitcoin’s market cap beyond $2 trillion and the total crypto market cap to a record $3.6 trillion. Analysts predict further growth, with Bitcoin potentially reaching $200,000 by late 2025.

The Financial Services Commission of South Korea denied reports that the government has finalized a roadmap for issuing real-name crypto accounts to corporations. The FSC clarified that no decisions have been made and the issue is still under review. Industry experts see potential for significant progress in South Korea’s digital asset ecosystem.

The Coinbase-led TRUST technology has launched TRUSThub, a platform for Virtual Asset Service Providers (VASPs) to streamline data sharing and enhance compliance with the Travel Rule. TRUST members, including major VASPs like BitGo and Binance.US, will benefit from the platform’s features, promoting innovation and regulatory compliance in the digital asset industry.

President-elect Donald Trump praised Bitcoin surpassing $100,000, attributing it to his influence and pro-growth policies. Investors were congratulated on his Truth Social platform, with Trump declaring, “YOU’RE WELCOME!” Market analysts revised forecasts in anticipation of a Trump victory, with Bitcoin reaching a historic high of $104,611 on Dec. 4.

A survey by Kraken found that 63% of US crypto holders believe emotions negatively impact their portfolios, with FOMO and FUD playing significant roles. Most decisions are influenced by FOMO (84%) and FUD (81%). Age and gender differences affect emotional investing, with social media influencing trading behavior. Strategies like dollar-cost averaging are used to reduce…

Bitcoin has surpassed the $100,000 mark for the first time, reaching a market capitalization of $2 trillion. This milestone was driven by market momentum following the U.S. presidential election and Donald Trump’s pro-cryptocurrency policies. Bitcoin’s price history shows significant growth since its inception, culminating in its recent record-breaking achievement.

Ripple has delayed the launch of its RLUSD stablecoin due to regulatory issues with the NYDFS. The company is working towards final approval and emphasized its commitment to regulatory compliance. Interest in XRP’s ecosystem is high, with a significant price growth in the past month despite a recent drop.

El Salvador’s President Nayib Bukele celebrates the country’s success as its Bitcoin holdings exceed $300 million in unrealized profit. The country’s Bitcoin holdings reached over $600 million as Bitcoin’s price surged past $100,000. Despite criticism, El Salvador continues to accumulate Bitcoin and integrate it into the national economy.

Circle has achieved a balance between compliance with Canada’s digital asset regulations and operational efficiency by laying off staff. Its stablecoin USDC is the first to comply with these regulations in Canada.

Haliey Welch, known as the Hawk Tuah Girl, faced backlash after the launch of her memecoin HAWK on the Solana blockchain. The token quickly rose to a $500 million market cap before plummeting, leading to accusations of unethical practices and insider trading. Legal action and potential challenges loom for Welch and her team.