Money & Crypto News

Ethereum NFT collections drive weekly volume to $304M. It is reported that Ethereum NFTs experienced a 76% week-on-week increase, reaching $201 million in sales volume. This represents 66% of all NFT sales volume over the past seven days 💪

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The U.S. Securities and Exchange Commission (SEC) said that Tai Mo Shan Ltd., a subsidiary of Jump Trading. It will pay $123 million to settle the accusations of misleading investors by stabilizing the currency during the TerraUSD crash 💥

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Bitcoin rebounded to $99,000, completely smoothing out yesterday's decline ⬆️

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Ondo announced a donation of $1 million to the Trump Inauguration Fund to assist in the formulation of new encryption policies 💰

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The 12 U.S. spot bitcoin ETFs recorded $680 million in outflows with the broader crypto market continuing to face a downturn 📤

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El Salvador adds 11 Bitcoin to its reserves just after a $1.4B IMF deal limiting government Bitcoin activities. Total holdings now 5,980.77 BTC (~$580M). 📈

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Ethereum Surges Above $3,400🔼

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🗞 December 20, 2024 cryptocurrency news highlights

【Cryptocurrency】
Dogecoin (DOGE) dropped 12.4% to $0.31 in 24 hours amid a broader crypto market decline following Fed Chair Powell's inflation remarks. Trading volume surged 67% to $10.25 billion, with DOGE now 35% below its 2024 high of $0.47. Its market cap remains $46.6 billion, ranking it as the seventh-largest cryptocurrency.📉

【Economy】
Cryptopia, the New Zealand-based crypto exchange that filed for liquidation after a 2019 hack and a subsequent theft by a former employee in 2021, has started returning millions in crypto to users.

【Indicators】
The total market value of cryptocurrency fell below 3.4 trillion US dollars, a 24-hour drop of 9.4%

【More】
Trump’s crypto project World Liberty lost $6.15 million in cryptocurrency positions

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Trump’s crypto project World Liberty lost $6.15 million in cryptocurrency positions

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The total market value of cryptocurrency fell below 3.4 trillion US dollars, a 24-hour drop of 9.4%

The total market value of cryptocurrency fell below US$3.4 trillion to US$3.399 trillion, a 24-hour drop of 9.4%; the current market value of Bitcoin has dropped to US$1.88 trillion, and its market share has dropped to 55.6%; Ethereum has the lowest market value 396 billion US dollars, accounting for 11.6% of the market.

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Cryptopia, the New Zealand-based crypto exchange that filed for liquidation after a 2019 hack and a subsequent theft by a former employee in 2021, has started returning millions in crypto to users.

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NFT monthly sales in December reached US$636.8 million, a new high since April

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Binance Futures Open Interest has decreased by 5.75% in the last 24 hours, currently standing at $32.435 billion.🔸

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Dogecoin (DOGE) dropped 12.4% to $0.31 in 24 hours amid a broader crypto market decline following Fed Chair Powell's inflation remarks. Trading volume surged 67% to $10.25 billion, with DOGE now 35% below its 2024 high of $0.47. Its market cap remains $46.6 billion, ranking it as the seventh-largest cryptocurrency.📉

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📊 Yesterday, in the U.S. Bitcoin spot ETFs, ARKB saw a net outflow of $108.4 million, BITB had a net outflow of $43.6 million, Grayscale BTC experienced a net outflow of $188.6 million, and Grayscale GBTC saw a net outflow of $87.9 million

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In the last 24 hours, 306,913 traders were liquidated, totaling $1.03 billion. The largest single liquidation was an ETHUSDT position worth $15.80 million on Binance🫠

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Bitcoin (BTC) just dropped below $96,000, currently trading at $95,570, with a 4.58% decrease in 24 hours 🔽

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BlackRock’s spot Ethereum ETF (ETHA) now holds over 1 million $ ETH.🔥

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