President-Elect Trump has threatened countries of the BRICS bloc leaving the dollar standard with 100% tariffs, applying the same playbook implemented against China, Mexico, and Canada. Trump remarked the U.S. would not stand and watch the bloc replace the dollar. Trump to Close U.S. Markets for BRICS Countries, Announces 100% Tariffs for Abandoning the Dollar […] Source: https://news.bitcoin.com/prelude-to-currency-war-trump-threatens-100-tariffs-to-brics-countries-abandoning-the-mighty-dollar/
Month: December 2024
Pump.fun weekly revenue drops 66% after livestream controversy
Pump.fun’s weekly revenue peaked at $33 million in November before dropping to $11 million the following week. Source: https://cointelegraph.com/news/pump-fun-revenue-dropped-66-percent-backlash?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Dubai Police Teams Up With Crystal Intelligence to Tackle Crypto Crime
Dubai Police has partnered with blockchain analytics firm Crystal Intelligence and virtual asset broker-dealer Bitoasis to enhance security and combat economic crimes in the digital asset space. Making Dubai the ‘Safest City in the World’ Blockchain analytics firm Crystal Intelligence recently announced a partnership with the Dubai Police to identify and predict future economic crimes […] Source: https://news.bitcoin.com/dubai-police-teams-up-with-crystal-intelligence-to-tackle-crypto-crime/
NFTs hit $562M in monthly sales volumes, recording six-month high
NFTs had a monthly sales volume of over $562 million in November, surpassing October’s record of $356 million. Source: https://cointelegraph.com/news/nft-monthly-sales-volume-562-million-november?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
South Korea’s Democratic Party agrees to delay crypto tax by 2 years
South Korea’s Democratic Party previously pushed back against another delay, saying it was a political trick by the ruling party. Source: https://cointelegraph.com/news/south-korea-crypto-tax-delay-two-years-kdp?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
BRICS Alliance Expands: Russia Confirms No Partner Declines
BRICS expansion is progressing without setbacks, as no invited countries have declined partnership offers, with the finalized list expected before year-end, Russian officials confirm. BRICS Expansion Gains Momentum: No Declined Invitations Russia has confirmed that no countries have declined invitations to join BRICS as partner states, according to Deputy Foreign Minister Sergey Ryabkov. In an […] Source: https://news.bitcoin.com/brics-alliance-expands-russia-confirms-no-partner-declines/
A Deep Dive into Bitcoin Mining Veteran Hut 8
A deep dive into Hut 8 Mining, uncovering its often overlooked business sectors. Understand its financial performance, strategic initiatives and HPC/AI developments. The following guest post comes from Bitcoinminingstock.io, providing comprehensive data, in-depth research, and analyses on Bitcoin mining stocks. Originally published on Nov. 29, 2024, it was penned by Bitcoinminingstock.io author Cindy Feng. The […] Source: https://news.bitcoin.com/a-deep-dive-into-bitcoin-mining-veteran-hut-8/
SEC sues Touzi Capital over allegedly defrauding over 1,200 crypto investors
The SEC claims Touzi Capital misled investors, saying their funds would be financing crypto mining operations, but were actually spent on unrelated expenses. Source: https://cointelegraph.com/news/sec-touzi-capital-lawsuit-crypto-asset-mining-fund-allegations?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound