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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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Pump-Fun suspends live streaming Solana-based meme coin platform Pump-Fun halts live-streaming due to abusive content reports. @just 📰
⚡️ 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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⭐️ 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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⭐️ 20% cryptocurrency tax in Korea The Democratic Party of South Korea will enforce a 20% tax on cryptocurrency from January 2025. @just 📰
📣 South Korea postpones crypto tax to 2027

Korea’s Democratic Party delays crypto tax to 2027, balancing political pressures and digital market needs, raising investor concerns over market stability.

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⚠️ $320 million hack

Japanese cryptocurrency exchange DMM Bitcoin is possibly closing due to a $320 million loss from a private key hack earlier this year.

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📣 Bybit crypto cards in Brazil

Bybit has announced the commencement of pre-registration for its new physical cryptocurrency cards in Brazil.

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🔝 MicroStrategy continues to buy Bitcoin

MicroStrategy acquires 15,400 BTC, solidifying its dominance with a total of 402,100 BTC.

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CZ declines return despite community support

Ex-CEO of Binance has no plans to return to his role, despite crypto community support and for his pardon.

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⚡️ US government moved 20,000 BTC to Coinbase

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