New Zealanders Express Concerns Over CBDC Implementation
According to PANews, the Reserve Bank of New Zealand has released the findings of its Central Bank Digital Currency (CBDC) survey, initiated in April. The survey garnered 500 detailed responses and involved 18,000 participants in an open online poll. A significant 90% of online respondents expressed concerns that the government might use CBDCs to monitor or control their spending. Additionally, over 70% of participants indicated a lack of trust in the Reserve Bank's issuance of digital currency.
According to PANews, recent data from SoSoValue indicates that Ethereum spot ETFs experienced a total net inflow of $23.6072 million on December 13, Eastern Time. Among these, the Grayscale Ethereum Trust ETF (ETHE) recorded a single-day net inflow of $7.2362 million. Despite this, ETHE has a historical net outflow of $3.517 billion. Meanwhile, the Grayscale Ethereum Mini Trust ETF saw no net inflow or outflow on the same day, maintaining its historical total net inflow at $604 million.
South Korean Police Chiefs Detained Over Evidence Tampering Concerns
According to PANews, South Korean media reports indicate that the Commissioner General of the Korean National Police Agency, Jo Ji-ho, and the Commissioner of the Seoul Metropolitan Police Agency, Kim Bong-sik, were formally detained on the evening of December 13. The Seoul Central District Court issued the detention orders, citing concerns over the potential destruction of evidence by the two officials.
The decision to detain these high-ranking police officials underscores the seriousness of t
Circle's USDC Circulation Increases by 1.2 Billion
According to PANews, official data reveals that Circle has issued approximately 3.9 billion USDC and redeemed around 2.7 billion USDC over the past week, ending December 12. This activity has resulted in an increase of about 1.2 billion USDC in circulation.
The total circulation of USDC now stands at 41.4 billion. Circle's reserves are reported to be approximately $41.6 billion, with $5.8 billion held in cash. The Circle Reserve Fund holds about $35.8 billion. This data highlights the significa
Former OpenAI Employee Found Dead Amid Data Use Controversy
According to Decrypt, Suchir Balaji, a former researcher at OpenAI, was discovered dead in his San Francisco apartment in what authorities have determined to be a suicide. Balaji, 26, had previously worked with OpenAI's technical staff from November 2020 to August 2024. He gained attention after publicly alleging that OpenAI had used data unethically to train its artificial intelligence platform, ChatGPT. These allegations were highlighted in an interview with the New York Times, where Balaji cl
New York Considers Second-Degree Murder Charge Against Insurance CEO Suspect
According to Odaily, New York authorities are contemplating charging Luigi Mangione, a suspect in a high-profile murder case, with second-degree murder. Mangione, who is linked to the murder of an insurance giant's CEO, faces this charge as first-degree murder is reserved for specific circumstances. These include the killing of judges, police officers, emergency responders, or cases involving hired assassins. The decision to pursue a second-degree murder charge reflects the legal framework that
Spectral Network Relaunches After Security Breach Resolution
According to Foresight News, the on-chain proxy machine intelligence network, Spectral, has announced its relaunch following a complete replenishment of all affected liquidity pools. The network's Syntax trading proxy is capable of managing over 100 open positions simultaneously, supporting strategies such as trailing stop-loss and momentum trading.
Previously, on December 1, 2024, Spectral's Syntax platform experienced a security breach. The project team identified and rectified a vulnerabilit
BlackRock IBIT Sees Significant Inflow of $394 Million
According to Odaily, recent data from Trader T reveals that BlackRock's IBIT experienced a substantial net inflow of $394 million yesterday. This significant movement highlights the ongoing interest and investment in BlackRock's offerings, reflecting broader market trends and investor confidence.
The inflow into BlackRock's IBIT is indicative of a growing appetite among investors for diversified investment opportunities. As financial markets continue to evolve, such substantial inflows suggest
BNB Surpasses 730 USDT with a 4.59% Increase in 24 Hours
On Dec 14, 2024, 01:23 AM(UTC). According to Binance Market Data, BNB has crossed the 730 USDT benchmark and is now trading at 730.22998 USDT, with a narrowed 4.59% increase in 24 hours.
Bitcoin(BTC) Surpasses 102,000 USDT with a 2.12% Increase in 24 Hours
On Dec 14, 2024, 01:05 AM(UTC). According to Binance Market Data, Bitcoin has crossed the 102,000 USDT benchmark and is now trading at 102,054.789063 USDT, with a narrowed 2.12% increase in 24 hours.
According to BlockBeats, market reports indicate that MicroStrategy (MSTR) has been added to the Nasdaq 100 Index as of December 14. This inclusion marks a significant milestone for the company, reflecting its growing influence and presence in the technology and business sectors. The Nasdaq 100 Index is a prestigious benchmark that tracks the performance of the largest non-financial companies listed on the Nasdaq Stock Market, highlighting MicroStrategy's expanding role in the industry.
Ethereum(ETH) Drops Below 3,900 USDT with a 0.01% Decrease in 24 Hours
On Dec 14, 2024, 00:54 AM(UTC). According to Binance Market Data, Ethereum has dropped below 3,900 USDT and is now trading at 3,897.790039 USDT, with a narrowed 0.01% decrease in 24 hours.
US Senator Cynthia Lummis Discusses Bitcoin Strategy With Incoming Treasury Secretary
According to Odaily, U.S. Senator Cynthia Lummis, known for her pro-cryptocurrency stance, recently met with Scott Bessent, who is set to become the Treasury Secretary under the Trump administration. The meeting focused on discussing strategies related to Bitcoin reserves.
Senator Lummis has been a vocal advocate for integrating cryptocurrency into the national financial framework. Her discussions with Bessent highlight the growing interest in Bitcoin as a strategic asset. The conversation betw
Key Developments In Crypto Policy As House Committee Chairs Are Nominated
According to Blockworks, the Republican Party is finalizing its selections for House committee and subcommittee chairs, with significant implications for the crypto industry. Representative French Hill has been nominated to chair the House Financial Services Committee, a position that could influence future crypto policy. Hill previously served as the first chair of the House Subcommittee on Digital Assets, Financial Technology, and Inclusion, which was established during the 116th Congress by C
US Urged To Prioritize Crypto Market Structure Bill
According to Cointelegraph, Congressman French Hill emphasized the urgent need for a comprehensive crypto market structure bill in the United States, labeling it a "top priority" for the Republican Party. Hill highlighted that GOP majority leader Steve Scalise plans to introduce this legislation within the first 100 days of the upcoming legislative session. He criticized the current regulatory framework under Securities and Exchange Commission (SEC) Chair Gary Gensler, stating that the existing
According to Odaily, asset management giant VanEck has released its top ten cryptocurrency predictions for 2025, shedding light on potential market trends and developments. The forecast suggests that the cryptocurrency bull market will reach a mid-term peak in the first quarter and achieve new highs by the fourth quarter. This indicates a dynamic year ahead for digital assets, with significant growth expected in various sectors.
VanEck anticipates that the United States will embrace Bitcoin thr
Grayscale Bitcoin ETF Transfers Over 600 BTC to Unknown Address
According to BlockBeats, on December 14, Arkham's monitoring revealed that approximately 13 minutes prior, the Grayscale Bitcoin ETF transferred 601.368 BTC, valued at $60 million, to an unknown address beginning with bc1qj. This significant movement of Bitcoin highlights ongoing activities within the cryptocurrency market, reflecting the dynamic nature of digital asset management.
The transfer of such a substantial amount of Bitcoin by the Grayscale Bitcoin ETF underscores the fluidity and sca
Tether's USDT Market Cap Surpasses $140 Billion, Reaches New High
According to Odaily, Tether's USDT, a prominent dollar-pegged stablecoin, has achieved a significant milestone by surpassing a market capitalization of $140 billion. The latest figures indicate that the market cap stands at $140,063,045,980, marking a new record high for the stablecoin. This development underscores the growing demand and adoption of stablecoins in the cryptocurrency market, as they provide a stable alternative to the volatile nature of other digital assets.
Global Cryptocurrency Daily Active Users Reach Record High In December
According to BlockBeats, data from Token Terminal reveals that the number of daily active users in the global cryptocurrency market reached a record high of 18.7 million in December. This marks a significant increase from the beginning of the year when the figure stood at 7.7 million.
The surge in daily active users highlights the growing interest and participation in the cryptocurrency sector. This increase can be attributed to various factors, including heightened awareness of digital currenc
Significant Support Wall Formed for Bitcoin Between $94,300 and $100,250
According to BlockBeats, on-chain analyst Ali has reported that approximately 2.25 million wallets have purchased 2.18 million BTC within the price range of $94,300 to $100,250. This accumulation indicates that a substantial support wall has been established in this price bracket. The data suggests that this range could serve as a critical level for Bitcoin, potentially influencing future market movements. The concentration of purchases in this zone highlights investor confidence and interest, w