iTuber Crypto News

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Major investors acquired approximately 360 million XRP between December 14 and 22, translating to a considerable value of over $220 million. Read more: http://tinyurl.com/yc4w8s6j

Bitcoin's daily transaction fees soared by 35 times in 2023, with its fees going even higher than Ethereum in this area. Data from IntoTheBlock shows a sharp rise in Bitcoin fees due to increased blockchain activity and the popularity of Inscriptions. Read more: http://tinyurl.com/59cxenwn

Judge Jed Rakoff in the U.S. District Court for the Southern District of New York granted summary judgment for the SEC on that claim, while also siding with Terraform “on the claims involving offering and effecting transactions in security-based swaps,” according to an order filed on Thursday. Read more: http://tinyurl.com/38ja9m2k

India’s Financial Intelligence Unit (FIU) has taken stringent measures against nine offshore Virtual Assets Service Providers (VASPs) for non-compliance with India’s Anti-Money Laundering and Counter Financing of Terrorism (AML-CFT) laws, according to a Dec. 28 annoucement. The list of entities issued notices includes renowned global firms such as Binance with multiple global addresses, KuCoin, Huobi, Kraken, Gate io, Bittrex, Bitstamp, MEXC Global, and Bitfinex. Read more: http://tinyurl.com/5d8hccx6

In the last 20 days, Bitcoin (BTC) has lost four percentage points of its cryptocurrency market dominance, fueling an altseason. A dominance loss means key cryptocurrencies are outperforming the leader, absorbing capital. The index has aggressively plummeted to 51.43% after breaking down from November’s low at 51.82%. Bitcoin’s dominance has not been this low since October 16, which marks a pivot after peaking at 55.35% on December 7. Read more: http://tinyurl.com/44tn3wpu

Popular data provider Arkham Intel shared that former US president Donald Trump sold Ethereum (ETH). At this point, Arkham stated that Trump sold the royalties he had accumulated from the sale of “Trump NFT” collections. Former US President Trump started sending the ETHs he had been saving for months to Coinbase about 3 weeks ago. Arkham said today that Trump sold 1,075 ETH for $2.4 million. Read more: http://tinyurl.com/54a3y93w

MicroStrategy bought 14,620 units of Bitcoin for approximately $615.7 million in cash between Nov. 30 and Dec. 26 at an average price of $42,110 per BTC, according to a Dec. 27 Form 8-K filing submitted to the U.S. Securities and Exchange Commission (SEC). Read more: http://tinyurl.com/2h2et35x

U.S. Congressman Warren Davidson calls for firing SEC Chair Gary Gensler in 2024. Davidson criticizes SEC’s aggressive approach under Gensler, particularly towards the crypto sector. He introduced the SEC Stabilization Act to restructure the agency and remove Gensler. Read more: http://tinyurl.com/mrmpjbej

New data from the whale-surveying platform Whale Alert reveals that a deep-pocketed crypto investor abruptly moved 4,254,147,213,294 SHIB, worth about $46.46 million at the time of the transaction, from an unknown wallet to another unknown wallet. Read more: http://tinyurl.com/2s3ws695