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December 26, 2024 cryptocurrency news highlights 【Cryptocurrency】
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South African parliament member Mzwanele Manyi said "Bitcoin is coming in full force. It will devalue gold. It's unstoppable."
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Economy
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The Japanese government said they remain cautious about holding Bitcoin in its national reserves, citing crypto’s exclusion from foreign exchange categories and concerns over security, liquidity, and volatility.
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Indicators】
Bitcoin more than doubled from $43,665 on Christmas Day in 2023 to $98,200 in 2024. Historically, BTC is up 98,199,900% from 2010 at $0.10.
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Matt Hougan: Bitcoin could reach $500,000 if governments treat it as a strategic reserve, with rising demand from ETFs, corporations, and institutions outpacing its limited supply, potentially driving prices higher
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