Bitcoin experienced a notable decline, recording its worst day in nine months. In a significant move towards regulation,
Brazil has tightened rules on stablecoins, a move likely to impact the around the world. Meme coins remain in the spotlight, with LILSHIB's presale being live at $0.0002 and
Trump launching his own. The
Bank Of England eased their stance on stablecoins, offering the potential for greater crypto adoption in the UK. Apart from Bitcoin, public companies are also
amassing ETH, XRP, SOL, BNB. Acquiring crypto is now further simplified with Samsung Pay integration. Cryptocurrency such as Bitcoin, along with
Zcash and ETH, showed significant movements.
In an interesting shift, the
U.S. produced its last penny after over 200 years of minting coins. The sharing of meme coins has brought significant gains to some, as
Trump's Meme Coin resulted in him earning almost $100 million. In another significant development,
Pi Network launched its decentralized exchange while large quantities of meme coins face imminent dump. Despite all the speculation and hype, some experts fear Pi Network's freefall is just getting started. At the same time,
Elon Musk further complicates the market by affecting the prices of various meme coins.
Meanwhile, Bitcoin mining is becoming increasingly unprofitable in the U.S. and Germany due to high costs per coin mined. Among the various meme coins,
Altcoin and Fartcoin are battling for dominance, both have been tethered back onto Bitcoin. The market power of cryptocurrencies is continuing to surge.
JUST Coin News Analytics from Mon, 16 Dec 2024 08:00:00 GMT to Tue, 02 Dec 2025 16:02:05 GMT -
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