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⭐️ Japan urged to consider BTC reserve

Japanese lawmaker Satoshi Hamada advocates for Japan to explore establishing a national Bitcoin reserve, inspired by US efforts.

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⚠️ Drake’s account hacked to promote scam coin

Rap star Drake’s X was hacked to advertise a fake meme coin named Anita. The account falsely claimed a partnership with gambling platform Stake, but these statements have since been removed.

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🔝 BTC new ATH: $105,000

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📣 New fair value rules for Bitcoin

FASB’s new accounting rules now require companies to measure and update Bitcoin’s fair value in each financial reporting period.

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🔥 Binance reports $24B inflow in 2024

According to data from Defilama, Binance crypto exchange reported a $24 billion inflow from its 250 million global user base in 2024.

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🪙 MicroStrategy boosts BTC holdings to 439K BTC

On December 16, MicroStrategy acquired 15,300 Bitcoin for $1.5B, raising its total holdings to 439,000 BTC.

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⚡️ Ethena Labs launches USDtb stablecoin

Ethena Labs has launched USDtb — a stablecoin backed by BlackRock’s USD Institutional Digital Liquidity Fund, with 90% of its reserves allocated to BlackRock’s BUIDL fund, investing in short-term US Treasury bills, cash, and repurchase agreements.

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⚡️ Ripple stablecoin gets final approval from NYDFS @just 📄
⚡️ Ripple launched the RLUSD stablecoin with NYDFS approval

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Nigerian SEC threatens jail for crypto promotions

The Nigerian SEC may impose three-year jail terms on celebrities and influencers who fail to label crypto promotions as sponsored content.

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🪙 BTC new ATH: $108,000

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💲 Tether invests in Maltese firm amid MiCA implementation

Tether revealed its investment in Malta-based StablR. This strategic move aligns with Europe’s forthcoming enforcement of the Markets in Crypto-Assets Regulation, effective Dec. 30, 2024.

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⭐️ Ohio leads with BTC reserve initiative

Ohio has introduced a pioneering bill to establish a Bitcoin reserve, spearheaded by State Representative Wes Goodman, potentially positioning the state as the first in the US to hold BTC as a reserve asset.

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📣 Criticism of Coinbase over WBTC delisting

Coinbase faces criticism from the crypto community for the lack of technical reasons in its decision to delist WBTC, instead attributing the action to risks associated with Justin Sun.

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President Trump’s speech reiterated his willingness to actively participate in shaping important crypto policies to establish the US as a leading force in the global crypto arena.

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🔽 Fed’s BTC power limited causes price drop

Jerome Powell confirmed that the Federal Reserve cannot hold Bitcoin due to legal restrictions, leaving the decision to Congress. Bitcoin fell to around $100,300 after his remarks.

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