Coinedition
The SEC announced a potential change in operational status. Advocate Jeremy Hogan advised the SEC to file a stay on all non-fraud litigation. XRP has dropped to the 4th position in the market and trades at $2.28.
Kiyosaki sees Bitcoin as a store of value and urges buying during market dips. Bitcoin dips create potential buying opportunities, says Robert Kiyosaki. Kiyosaki’s Bitcoin advice gains traction amid market volatility and investor losses.
MiCA rules force EU exchanges to delist Tether’s USDT, causing liquidity issues for crypto traders. Tether’s absence in the EU market pushes traders to use fiat or lower liquidity stablecoins. New stablecoin issuers are stepping up to fill the gap left by Tether’s removal in Europe.
Franklin Templeton’s and Hashdex’s spot BTC-ETH ETFs were approved by the SEC. Bitcoin dropped as low as $95.5K while ETH dipped to $3.3K in the past day. Spot BTC and ETH ETFs recorded $680 million and $60.4 million in outflows on Thursday, respectively.
Euro-denominated trading volumes surged to €50 billion in November 2024. Bitvavo and Kraken lead the European market with record euro-denominated pairs. Bitcoin surpassed $100,000, driving demand for euro-backed trades.
The cryptocurrency market lost nearly $1.25 billion on Thursday. Fed chair Jerome Powell announced hawkish predictions for 2025. Analysts believe the crypto market pullback is temporary.