Month: December 2024

China has strongly defended the BRICS coalition against the U.S. President-elect Donald Trump’s tariff threats, emphasizing its principles of openness and inclusiveness. Responding diplomatically, Chinese Foreign Ministry spokesperson Lin Jian reiterated that BRICS does not target third parties and aims to foster global economic stability and shared prosperity. Lin noted that emerging markets, including BRICS […] Source: https://news.bitcoin.com/china-stands-firm-with-brics-amid-us-tariff-threats/

On Tuesday, Dec. 3, XRP, the native crypto asset of the XRP Ledger (XRPL), is priced at $2.54 per coin, reflecting a 4.9% drop over the past day. Despite this dip, XRP has shown an impressive performance, gaining 81% this week and soaring 354.62% over the past three months. XRP’s Return to Crypto’s Top 3: […] Source: https://news.bitcoin.com/xrps-wild-ride-354-gains-in-3-months-despite-recent-dip/

Donald Trump’s threats of 100% tariffs on BRICS imports could double U.S. prices for essentials and accelerate a global shift away from the dollar, an economist warns. Trump’s BRICS Tariffs: Economist Predicts a Backlash Against the US Dollar French economist Jacques Sapir has weighed in on U.S. President-elect Donald Trump’s threats to impose 100% tariffs […] Source: https://news.bitcoin.com/economist-warns-trumps-brics-tariff-threats-could-backfire-on-us-dollar/

XRP trading has surged dramatically, with Falconx, an institutional digital asset prime broker, reporting a tenfold increase in volumes during Q4, driven by institutional investors. Austin Reid, global head of revenue and business at Falconx, stated: “XRP trading is on fire. We’ve seen 10x growth in volume at Falconx between the first and second halves […] Source: https://news.bitcoin.com/xrp-on-fire-falconx-reports-explosive-10x-growth-in-trading/

On December 1, sandwich attacks infiltrated over a third of BNB Smart Chain blocks, setting a record for the exploit that preys on decentralized exchange users, data from Dune Analytics reveals. Analysis shows that 35.5% of blocks contained such attacks, with over $1.5 billion in trading volume affected across 43,400 transactions in a single day. The spike underscores growing concerns…

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After Donald Trump secured a second term in the White House last month—with the promise of friendlier crypto regulation—the floodgates have reopened, and crypto prices are booming. Bitcoin (BTC) led the charge, with the top crypto pushing to new highs last month. Since hitting a wall just below $100,000, it’s a rotating selection of altcoins that are now benefiting from…

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South Korea’s financial regulator says it is taking steps to combat money laundering and other financial crimes involving virtual assets. Virtual Assets and Financial Crime The head of South Korea‘s financial services industry regulator recently vowed to crack down on those who use virtual assets for money laundering. Speaking at Anti-Money Laundering Day, Kim Byung-hwan, […] Source: https://news.bitcoin.com/south-korea-vows-to-crack-down-on-crypto-money-laundering/