tl;dr
• Coinbase faces a legal battle over its decision to delist Wrapped Bitcoin (WBTC), citing transparency concerns and involvement by Justin Sun.• Bitwise launches Solana staking ETP in the EU, named BSOL, offering staking rewards after facing regulatory challenges in the US.• Galaxy Digital CEO Mike ...
• Coinbase faces a legal battle over its decision to delist Wrapped Bitcoin (WBTC), citing transparency concerns and involvement by Justin Sun.
• Bitwise launches Solana staking ETP in the EU, named BSOL, offering staking rewards after facing regulatory challenges in the US.
• Galaxy Digital CEO Mike Novogratz predicts Bitcoin will surpass gold’s market cap in 5–8 years as Bitcoin’s valuation reaches 14% of gold's.
• Coinbase reports an 18% decline in global law enforcement requests, with the US accounting for the majority and Singapore showing a 221% surge.
• Ohio Representative Derek Merrin introduces House Bill 703 to allow the state treasury to invest in Bitcoin, reflecting broader US legislative trends.
• Meme coin market experiences a sharp decline, with monthly trade volumes dropping from $30 billion to $14 billion amid scams and reduced interest.
• Japanese firm MetaPlanet issues $30 million in bonds to expand its Bitcoin holdings, adopting a "Bitcoin First, Bitcoin Only" strategy amid yen depreciation.
• Ledger users face phishing scams targeting recovery phrases through fake emails, prompting heightened security warnings during the holiday season.
• The Philippine Central Bank concludes wholesale CBDC testing with Project Agila, aimed at improving liquidity, reducing settlement risks, and enhancing financial stability.
• Analysts predict the US will establish a strategic Bitcoin reserve, with President-elect Donald Trump expressing interest in holding seized Bitcoin as assets.
• PENGU token crashes 33% in 24 hours, reflecting bearish sentiment and declining market capitalization, with potential for further losses.
• Deutsche Bank unveils Project Dama 2, a Layer-2 blockchain solution using ZKsync to address regulatory compliance and enhance public blockchain efficiency.
• Major corporations, including Microsoft and Amazon, reject BTC investment proposals, highlighting regulatory and legal uncertainties despite growing discussion.
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