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El Salvador’s national strategy has achieved significant success — the country’s Bitcoin reserves reach a value of $603 million following Bitcoin's rise to $100,000.
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The European Central Bank is creating a Digital Euro Rulebook and tests conditional payments to enhance transaction efficiency and reduce reliance on Visa and Mastercard, aiming to boost eurozone sovereignty and potentially challenge the US dollar’s dominance.
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David Sacks, venture capitalist and former PayPal COO, has been named "the US first AI and Crypto Czar" by Trump. Sacks will establish a legal framework for the cryptocurrency industry and guide AI and crypto policy, working alongside Elon Musk in Trump’s administration.
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India has become the world’s second-largest crypto developer hub, hosting nearly 12% of global crypto developers. The country’s Web3 ecosystem is booming, with Indian startups raising $462 million in investments in the first nine months of 2024, marking an 82% increase from the previous year.
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In the past 24 hours, Bitcoin whales have accumulated 20,000 BTC, valued at $2 billion. Despite this significant accumulation, Bitcoin’s price increased by only 1.39%.
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Richard Teng emphasizes the importance of understanding blockchain fundamentals and persistence for success in the crypto industry, urging the community to prioritize education and technological engagement.
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