https://www.coindesk.com/markets/2024/12/27/memecoin-degens-raise-millions-for-rare-cancer-research-after-a-father-s-plea

https://www.coindesk.com/markets/2024/12/27/ethereum-co-founder-vitalik-buterin-adopts-viral-hippo-moo-deng

?? Russia says it is using Bitcoin for international payments.

What happened exactly? ?

➛ Russian companies use bitcoin and cryptocurrencies for international payments due to legislative changes countering Western sanctions.

➛ Western sanctions hinder trade with partners like China and Turkey as local banks avoid Russia-related transactions.

➛ Russia legalized cryptocurrency use in foreign trade and approved cryptocurrency mining, including bitcoin.

➛ Finance Minister Siluanov confirmed bitcoin mined in Russia is used for foreign trade under an experimental framework.

➛ Siluanov expects bitcoin use in international payments to grow significantly next year.

➛ Siluanov sees international payments in digital currencies as a forward-looking solution.

➛ President Putin criticized U.S. use of the dollar for political leverage, weakening its reserve currency role.

➛ Putin noted countries are turning to alternative assets like bitcoin due to dollar politicization.

➛ Putin praised bitcoin's global use and lack of regulation, supporting its broader adoption.

It's still worth noting that Russia is implementing regional bans and seasonal limits on cryptocurrency mining. ⛏

Key Measures:

➛ Regions including Dagestan, Chechnya, and the Donetsk and Lugansk territories will experience complete prohibitions on mining activities.

➛ Siberian areas like Irkutsk and Buryatia will face partial restrictions during winter months to manage electricity demand.

➛ 2025 Schedule: Restrictions from January to mid-March.

➛ Subsequent Years: Extended restrictions from November through March.

➛ These measures, effective until 2031, aim to regulate mining activity without entirely sidelining its role in the global cryptocurrency ecosystem.

Binance Alpha announced the fourth batch of tokens, including BANANA, KOGE, BOB, MGP, PSTAKE, GNON, Shoggoth, LUCE, and ODOS. Binance Alpha is the pre-selected pool for Binance listings.

Binance founder CZ said that Revolut has listed BNB. Revolut is the largest unicorn company in Europe, with about 40 million users worldwide, one-third of which are from the UK. Its core businesses include digital banking services, foreign exchange and cross-border payments, international remittances, cryptocurrency trading, etc.

According to Bloomberg, ARK Invest CEO Cathie Wood reiterated her prediction that Bitcoin will exceed $1 million by 2030. She emphasized that Bitcoin has a scarcity advantage over gold. When the price of gold rises, mining companies will increase mining and accelerate supply growth, but this will not happen with Bitcoin.

Arthur Hayes sold 240K $PENDLE($957.6K) again 3 hours ago! Arthur Hayes has sold a total of 1.83M $PENDLE($6.58M) at an average price of $3.58 in the past 4 days.He currently holds 253,462 $PENDLE($988.5K).

Messaging app Telegram will provide more data to governments, including users' IP addresses and phone numbers in response to "valid legal requests," according to CEO Pavel Durov — Bloomberg

According to Arkham, the small South Asian country of Bhutan is the fourth largest government in terms of Bitcoin holdings on its platform, holding a total of 13,011 Bitcoins, worth approximately $780.49 million. Unlike most governments, Bhutan's Bitcoin does not come from asset seizures by law enforcement, but from Bitcoin mining operations.