EddieJayonCrypto
30 Dec 24
• US & Global Markets Show Mixed Crypto Trends: Bitcoin dipped 2% ahead of Christmas, while Ethereum and other altcoins posted modest gains amid declining trade volumes and miner selloffs.• US Debates Over Bitcoin as US Reserve Asset: Experts remain divided on the US adopting Bitcoin as a reserve as...
• US & Global Markets Show Mixed Crypto Trends: Bitcoin dipped 2% ahead of Christmas, while Ethereum and other altcoins posted modest gains amid declining trade volumes and miner selloffs.• US Debates Over Bitcoin as US Reserve Asset: Experts remain divided on the US adopting Bitcoin as a reserve asset, with low short-term likelihood but significant long-term potential for debt reduction.• South Korea's Crypto Market Hits $69B: Pro-crypto policies and tax delays under President-elect Trump fueled significant growth in South Korea's cryptocurrency adoption.• Singapore Finalizes Stablecoin Regulations: The Monetary Authority of Singapore (MAS) introduced a framework for stablecoins and ruled out the immediate need for a retail CBDC.• Crypto Security Concerns Grow: Access control vulnerabilities caused $1.7 billion in losses in 2024, with gaming and metaverse sectors hit hardest despite security improvements in DeFi.• Innovative Crypto Scam Targets Thieves: A new scam lures would-be crypto thieves into traps using multi-signature wallets to block unauthorized transfers.• MicroStrategy Hints at Major Bitcoin Acquisition: Michael Saylor suggested another large Bitcoin purchase, continuing the company’s aggressive BTC strategy despite market volatility concerns.• P2E Gaming Gains Momentum in Japan: Blockchain-based play-to-earn games, backed by major publishers like Sony and Square Enix, are driving Web3 gaming adoption despite onboarding challenges.• RWA Tokenization Surges 58x in Three Years: Real-world asset tokenization has grown rapidly, with increasing adoption by financial institutions and plans to tokenize new sectors like lithium mining.• Potential 2025 Black Swan Events: The crypto industry braces for challenges including Ripple vs. SEC litigation, US recession fears, and vulnerabilities in DeFi and exchanges.• Hong Kong Proposes Bitcoin Reserves: A legislator suggested Bitcoin for foreign exchange reserves to address fiscal deficits, sparking debate over its feasibility and volatility risks.• Bitcoin & Ethereum 2025 Price Forecasts: Analysts predict Bitcoin could surpass $150,000 and Ethereum reach $5,500, driven by institutional adoption and regulatory changes.• Malaysia Orders Bybit to Cease Operations: Bybit faces a shutdown order for operating without a license in Malaysia, with plans to reapply for market entry. ~Get the Grow My Bag Crypto Tracker! - https://growmybag.tv/Crypto-TrackerGet the book! - Crypto Foundations for Building Multi-Generational Wealthhttps://www.amazon.com/Crypto-Foundations-Building-Multi-Generational-Wealth/dp/1733097422Join this channel to get access to perks -https://www.youtube.com/channel/UC3tSBR3SIcHPE-Rpy1Ek3Rw/joinJoin Grow My Bag social media - https://growmybag.tv/sign-upSupport the Community with GMBTV - https://pump.fun/coin/HTwZBaFS6t5rbgQ7jg8Y3KcqJEXEmVVHZtpqJMbapump🚨 Full Disclaimer: This video and its contents are for informational purposes only and do not constitute an offer to sell or trade, a solicitation to buy, or recommendation for any security, cryptocurrency, or related product, nor does it constitute an offer to provide investment advice or other related services by Grow My Bag. Grow My Bag may have a financial investment with the cryptocurrencies discussed in this video. In preparing this video, no individual financial or investment needs of the viewer have been taken into account nor is any financial or investment advice being offered. Any views expressed in this video were prepared based upon the information available at the time such views were written. Changed or additional information could cause such views to change.