EddieJayonCrypto

 11 Mar 24

tl;dr

1. Cryptocurrency Market Rally to above $71K Surpassing Silver Market Cap: Bitcoin and Ethereum surge to record highs, fueled by regulatory developments allowing for more institutional involvement and positive market sentiment.2. A significant rise in crypto theft through phishing scams, amounting t...

1. Cryptocurrency Market Rally to above $71K Surpassing Silver Market Cap: Bitcoin and Ethereum surge to record highs, fueled by regulatory developments allowing for more institutional involvement and positive market sentiment.

2. A significant rise in crypto theft through phishing scams, amounting to $47 million in February alone, prompts concerns about cybersecurity measures and the need to protect against such threats.

3. Vitalik Buterin unveils a plan to protect Ethereum from quantum threats, proposing quantum-resistant cryptographic methods and strategic preparedness to safeguard the network and user assets.

4. Economist Alex Krüger predicts a bullish outlook for Bitcoin as it moves to $85K then a 35% devaluation, forecasting a potential rally to six-figure prices driven by increased demand and inflows from spot market ETFs.

5. BRICS Alliance Blockchain Payment System: Russia, as part of the BRICS alliance, announces the development of a blockchain-based payment system to enhance the alliance's influence and reduce reliance on the U.S. dollar in international settlements.

6. Regulatory Measures in South Korea: South Korea's National Tax Service implements measures to combat virtual asset tax evasion, aiming to increase transparency and compliance in the cryptocurrency market.

7. Blockchain Adoption for Criminal Investigations: Dubai Police adopt Cardano blockchain to enhance security and transparency in criminal investigations, showcasing the technology's potential for secure data management.

8. Access to U.S. Spot-Bitcoin ETFs in India: Mudrex enables Indian investors to access U.S. spot-bitcoin ETFs, catering to both institutional and retail investors amid regulatory complexities.

9. BlackRock's Bitcoin ETF Success: BlackRock's iShares Bitcoin ETF surpasses MicroStrategy in Bitcoin holdings, becoming a dominant force in the cryptocurrency market and influencing Bitcoin's price trajectory.

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 22 Dec 24
 22 Dec 24
 22 Dec 24