#NEWS
Bitcoin's price has shown modest fluctuations, with a 0.9% increase over the past 24 hours, reaching approximately $96,399. Despite this uptick, it remains below the $98,000 mark observed earlier in the week, indicating a potential second consecutive week of losses. Nevertheless, Bitcoin is on track to conclude 2024 with over a 100% increase, largely driven by expectations of a more crypto-friendly stance from President-elect Donald Trump.

Altcoin Performance
Altcoins have exhibited varied performance. XRP's price declined by 0.8% to $2.18, marking a 5% decrease since the beginning of the week. Similarly, Ethereum and Dogecoin experienced slight downturns of 0.3% and 0.6%, respectively. Despite these short-term declines, the overall performance of major cryptocurrencies in 2024 has been positive, with some tokens achieving gains up to 300%.
Regulatory Developments
In Europe, the Markets in Crypto-Assets Regulation (MiCA) is set to take effect on December 30, 2024, introducing stringent standards for issuing crypto assets and related services. However, President-elect Donald Trump's supportive stance toward cryptocurrencies, including plans to establish the U.S. as the "crypto capital of the planet," may influence global regulatory dynamics and investor preferences.
Quantum Computing Concerns
Google's unveiling of its new quantum chip, Willow, has raised concerns about the potential impact on cryptocurrency security. While current quantum computers are not yet capable of compromising Bitcoin's encryption, the rapid advancement in quantum technology underscores the need for the crypto industry to develop quantum-resistant systems to safeguard against future threats.
Extradition of Crypto Mogul
Montenegro has approved the extradition of Do Kwon, founder of Terraform Labs, to the United States. Kwon faces charges related to the $40 billion collapse of his cryptocurrency, which had significant repercussions for investors worldwide. This development highlights ongoing legal actions within the crypto industry.
These events reflect the dynamic nature of the cryptocurrency market as it navigates regulatory changes, technological advancements, and legal challenges.

Montenegro's Justice Minister Bojan Božović has signed an extradition order for Terraform Labs co-founder Do Kwon to the United States, ending a long-running legal battle. The decision was confirmed by Montenegrin newspaper Vijesti on Friday, after months of wrangling between the United States and South Korea, both seeking to bring Do Kwon to justice.
The Supreme Court of Montenegro had already established that the legal conditions for his extradition were met, after considering separate requests from both countries. This decision allowed Minister Božović to determine the priority jurisdiction.

In the rapidly evolving world of cryptocurrency, trust in platforms is critical to ensure the safety of users' assets. Unfortunately, negative experiences with platforms like FirstLedger.net have raised serious concerns about transparency and accountability.
Problems with FirstLedger.net
FirstLedger.net has come under scrutiny due to its poor customer service and suspected scam activities. The Neura team, after testing the platform, reported that XRP deposited for token creation and liquidity addition was never processed.
Even worse, multiple attempts to contact FirstLedger via Telegram and Twitter were ignored. Similar complaints from other users highlight a pattern of non-responsiveness and a lack of transparency from the platform, raising red flags about its reliability.
Risks of Using Unreliable Platforms
Experiences like these underscore the importance of caution when dealing with lesser-known cryptocurrency platforms. Here are some key precautions:
1. Do Thorough Research: Choose platforms with a strong reputation and positive reviews from the community.
2. Start Small: Test platforms with small transactions before committing significant funds.
3. Monitor Responsiveness: Ensure the platform provides responsive and transparent support services.
Conclusion
FirstLedger.net has shown alarming signs of mismanagement, including withholding users’ funds and ignoring their concerns. It’s highly advisable to avoid this platform until significant improvements or clarifications are made.
Always prioritize security and trustworthiness when handling your digital assets. Stay informed with Binance News for more updates and guidance on navigating the cryptocurrency landscape safely.
#xrp #news

1. Elon Musk's mother becomes a global icon in ChinaElon Musk's mother, already a well-known figure in her own right, commands significant admiration in China.
Her motivating journey, inspiring messages and charismatic personality have won the hearts of millions. She is now celebrated as a role model, especially among women and youth, who admire her resilience and achievements.
Its growing popularity demonstrates the power of positive influence in the modern world.

❤️❤️ I LOVE YOU GUYS SO MUCH ❤️❤️ We’re almost at 1k followers, and I’m honestly in tears! 😢🥺😭 Crypto Mommy has your back, and if you see this and aren’t in our community yet, now is the time to join us at @Your Crypto Mommy . We’re a family, and we’re here for life! Let’s keep pushing forward, together! 🚀
This has truly been the best end-of-year gift I could’ve ever received. I’m beyond grateful for the love and support each and every one of you has shown me. You’ve made my day and filled my heart with joy as I look toward 2025. I’m proud of everyone in this community—together, we’re unstoppable.
May God continue to bless, protect, and provide for each and every one of you. I’m wishing all of you abundance, success, and peace in the new year. Let’s make 2025 our best year yet! 💥
For anyone whose portfolio is in the red, don’t give up! Keep faith, stay patient, and remember, next year it’ll be super green—SO green! 🌱💚
You’re all amazing, and I’m so thankful for each one of you. I’m taking you to the moon, one step at a time. Let's go, family! 🚀
Happy New Year in advance from Crypto Mommy G315C! May the coming year be filled with blessings and endless opportunities. Keep believing, stay strong, and let’s soar to new heights together! 💖
Much love and see you all in 2025! 🫶 #newyear #newyear2025 #cryptomummy #news $BNB

JOIN MY COMMUNITY ❤️ CRYPTO MUMMY @Your Crypto Mommy

The US has regained leadership in the cryptocurrency market thanks to the launch of an ETF and Trump's promises.
The United States has regained its leadership in the cryptocurrency market thanks to the launch of an ETF and Trump's promises. The United States has regained its prominence in the cryptocurrency sector after Asia claimed leadership of the sector for much of 2023.
The United States has regained leadership in the cryptocurrency market, reports Bloomberg. This came about thanks to Donald Trump's re-election as president, as well as growing demand for cryptocurrency derivatives and exchange-traded funds (ETFs).
The surge in activity in the digital currencies sector was prompted by the successful launch of a ETF on Bitcoin in the US in early 2024. In addition, Trump's victory, which promised to make America the 'cryptocurrency capital of the world', further fuelled enthusiasm in the US crypto market.
As a result, the US regained its relevance in the cryptocurrency sector, after Asia had dominated the industry for much of 2023. The region was a "big beneficiary" of the tough measures taken by the outgoing Joe Biden administration, which Trump intends to reverse, the publication writes.

According to journalists, several factors indicate that the activity of cryptocurrency market participants is now primarily concentrated in the United States. These include data on the time of day when cryptocurrency trading is most active, the trading volume of ETF shares, the interest in cryptocurrency futures in America, and the restoration of market depth.
The share of daily Bitcoin/dollar trading during the opening hours of US exchanges has grown from 40% in 2021 to around 53%. Analysts note that this shift in 'liquidity dominance' towards America has been caused by the growing participation of institutional investors.
The ETFs on Bitcoin in the US, launched in January of this year, recorded a combined daily trading volume of more than USD 500 billion, with net capital inflows of about USD 36 billion. The article's authors point out that the iShares Bitcoin Trust (IBIT) from BlackRock has become one of the most successful ETFs in history.
U.S. Approves ETFs on Bitcoin and Ethereum, Opening the Road to Other Cryptocurrency Funds
In 2024, ETFs on Bitcoin and Ethereum were approved in the United States. The industry expects ETFs on other cryptocurrencies to be launched under Trump's presidency. Applications have already been filed with the US Securities and Exchange Commission (SEC) for funds based on Solana, XRP, Litecoin, HBAR and blended ETFs.
Open interest (the number of open contracts) in Bitcoin and Ethereum futures on the Chicago Mercantile Exchange (CME) has reached a record this year. The CME now holds the No. 1 position for open interest in Bitcoin futures, while the market leader was previously the largest cryptocurrency exchange operating outside the United States, Binance.

The depth of the cryptocurrency market (the ability to execute relatively large trades without excessive impact on asset prices) has recovered to pre collapse of FTX and its affiliated hedge fund Alameda Research in 2022. The FTX collapse hit cryptocurrency liquidity hard, but the market was helped to recover by the launch of an ETF in the US and the optimism caused by Trump's victory, according to Bloomberg.
#news #blockchain #crypto
$BNB $XRP $ETH

In this article:Experts say gold will make an unprecedented surge in 2025.

Gold posted excellent returns in 2024, but experts expect it to do even better in 2025.
Donald Trump wants to create a national #bitcoin reserve amid rising debt. Against this backdrop, he wants to create a national bitcoin reserve.
Gold is expecting an unprecedented rise in 2025, while bitcoin continues to move slowly at the end of the year. Bitcoin soared at the end of 2024: the asset was ahead of the curve after President Trump's rally.
Unsurprisingly, bitcoin has reached over $100,000 this year. While bitcoin has risen in price by about 50% since November 3, other assets have followed suit, with #Dogecoin halving in price.
While crypto assets had a great year-end growth, gold had a great year. The price of the precious metal #rose 28% as rising geopolitical and economic tensions attracted financial investors to it as a safe-haven asset. Gold started the year at US$ 2014 and had a great year, hitting new highs several times and reaching US$ 2719 at the end of November.
Usually, most assets in the financial markets experience a pullback after major spikes, such as gold. Investors are familiar with the gold market, so the recent drop to US$2,603 was not a surprise. However, amid geopolitical concerns and inflation in the crosshairs of many Western countries, investors are predicting 2025 for gold.
Rick Kanda, managing director of Gold Bullion Company, praised the rise in gold's value in 2024, saying: Gold has been in the crosshairs of many Western countries for a long time, but it has been in the crosshairs for a long time, noting that this year has been a record year for gold assets. 'There is no denying that 2024 was a record year for gold,' he said.
He also made bold predictions for the precious metal in the new year. Gold has hit all-time highs and broken records.

Read us at: Compass Investments
#CryptoTrends #news