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In 2024, 98% of NFT collections had minimal trading, with only 0.2% profitable, and most losing over 50% of their value within days, indicating an oversaturated market with reduced speculative interest. @just 📰
🔝 Has the NFT market awakened?

NFT sales soared to $181 million from last week with a 94% increase, while the average sale value rose by 87% to $133.08, indicating growing demand for digital assets.

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📣 Solana surges with 38% investor interest

Solana captures 38% of global crypto investor interest in 2024 and SOL price is up by over 9% in the past 24 hours.

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🪙 Another BTC wallet woke up after 14 years of dormancy

The day before yesterday, a crypto whale holding 2000 BTC since 2010 shocked the global market by awakening after 14 years to deposit BTC assets on various exchanges.

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⚠️ Hacker sentenced for Bitfinex $11B Bitcoin heist

Last week, a hacker who stole around 120,000 BTC from the global cryptocurrency exchange Bitfinex was sentenced to five years in prison, with the stolen BTC now valued at nearly $11 billion.

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📣 Ripple CEO criticized SEC chair candidate

Brad Garlinghouse criticized Stebbins’ potential SEC chair appointment due to his role in Hinman’s 2018 speech at the Yahoo Finance Summit, which favored Ethereum as a non-security.

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⭐️ Trump to meet Coinbase CEO

Trump and Coinbase CEO Brian Armstrong will meet to discuss personnel, amid Armstrong’s financial support for pro-crypto initiatives and Trump’s plan for a crypto advisory council.

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🔝 Bitcoin new ATH

Bitcoin surpassed the $93,200 per coin mark.

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📣 Mercado Bitcoin launches a stablecoin for Latin America

The largest digital asset marketplace in Latin America has launched the $MBRL stablecoin on the TRON network. $MBRL will be integrated into blockchain wallets, DeFi platforms, etc.

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Michael Saylor will present a three-minute Bitcoin investment pitch to Microsoft directors during their meeting on December 10th to discuss Bitcoin as an inflation hedge.

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⭐️ 20% cryptocurrency tax in Korea

The Democratic Party of South Korea will enforce a 20% tax on cryptocurrency from January 2025.

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FTX: Chief engineer avoids prison He was spared prison time and sentenced to three years of supervised release by a Manhattan federal judge due to his limited role in FTX’s collapse and significant cooperation with the government. He must also forfeit around…
⚠️ FTX: Another chief avoids prison

The last of FTX’s executives, Gary Wang, was spared prison time by US District Judge Lewis Kaplan. "Wang’s cooperation was exemplary" — Kaplan said.

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🔝 Successful Investment

Following recent major investments in Bitcoin, Microstrategy has entered the Top 100 publicly traded US companies after BTC reached the $94,000 mark.

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BTC hits 97,750

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⭐️ Bhutan — the new crypto nation?

Bhutan’s crypto holdings exceed $1.1 billion, over a third of its GDP. This is the result of rising BTC price and a deliberate strategy to increase crypto assets.

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Read more.

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Justin Sun bought Maurizio Cattelan’s artwork, "Comedian", for $6.2 million in crypto at a Sotheby’s auction in New York.

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📣 Gary Gensler steps down as SEC Chair

On January 20, 2025, Gary Gensler will resign from his position as SEC Chair. We have detailed potential candidate here.

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