Bitcoin mining hardware giant Bitmain announced the launch of a new US-based production line, a strategic move aimed at mitigating delays caused by customs holds and navigating escalating trade tensions. In a Dec. 9 statement, Bitmain highlighted the benefits of local production, stating: “This strategic move aims to provide faster response times and more efficient […] The post Bitmain... source: https://cryptoslate.com/bitmain-launches-us-production-line-to-outmaneuver-geopolitical-trade-tensions/

Pudgy Penguins has overtaken Bored Ape Yacht Club to become the second-largest NFT collection by market cap. <p>The post Pudgy Penguins Surpass BAYC as Second-Biggest NFT Collection by Market Cap first appeared on Ecoinimist.</p> source: https://ecoinimist.com/2024/12/09/pudgy-penguins-surpass-bayc/?utm_source=rss&utm_medium=rss&utm_campaign=pudgy-penguins-surpass-bayc

The article appeared legitimate, featuring AI-generated Fox News graphics and falsely attributing authorship to Terrett and FOX Business. source: https://cryptopotato.com/fox-news-journalist-exposes-fake-blackrock-token-scam/

According to CoinDesk, U.S. Securities and Exchange Commission (SEC) member Caroline Crenshaw is facing significant opposition from various digital asset organizations as her nomination for another term is considered. Crenshaw, who is expected to be the sole Democrat leading the SEC when Republicans assume control of the agency in late January, has been criticized for her stance on cryptocurrency regulations. The Cedar Innovation Foundation, a group backed by undisclosed crypto interests, has launched a digital advertising campaign labeling Crenshaw as "even more extreme" than SEC Chair Gary Gensler. Crenshaw's nomination, which was put forward earlier this year, has yet to be voted on by the Senate. The Senate Banking Committee has scheduled a hearing to discuss her nomination, amid efforts by several crypto organizations to block her approval. The Cedar Innovation Foundation highlighted Crenshaw's opposition to the approval of spot bitcoin exchange-traded funds and her description of crypto markets as a "petri dish" of fraud. The Blockchain Association and other lobbying groups have sent letters to Senate lawmakers urging them to reject Crenshaw's nomination. Her current five-year term has expired, and she is serving in a transitional period that could extend until the end of 2025. The Senate Banking Committee is chaired by Sherrod Brown, an Ohio Democrat who lost his seat to blockchain businessman Bernie Moreno after being targeted by approximately $40 million in crypto-industry campaign spending. Despite this, Brown retains his position until the Senate changes leadership next year. The Blockchain Association has sent a letter to Brown and the committee's ranking Republican, Senator Tim Scott of South Carolina, arguing that Crenshaw's actions have undermined Congress's mandate to establish sound regulatory policies for cryptocurrency. The DeFi Education Fund has also expressed concerns, stating that Crenshaw's actions conflict with this mandate. Ji Kim, the chief legal and policy counsel for the Crypto Council for Innovation, criticized Crenshaw's judgment, stating that she has not demonstrated the objective judgment required of agency leaders. Senator Scott has requested President Joe Biden to withdraw his outstanding nominations following the election, reiterating this request recently. The outcome of Crenshaw's nomination remains uncertain as the Senate Banking Committee prepares to deliberate on her future role within the SEC.

On Dec 09, 2024, 20:10 PM(UTC). According to Binance Market Data, Bitcoin has dropped below 97,000 USDT and is now trading at 96,989.15625 USDT, with a narrowed 3.12% decrease in 24 hours.

Bitcoin mining company Bitdeer Technologies has seen its share price rise more than 160% in the past month. source: https://www.theblock.co/post/330039/benchmark-sees-even-more-upside-in-bitdeers-stock-after-share-price-quadruples?utm_source=rss&utm_medium=rss

OKX market data shows that BTC fell below 97,000 USDT and is now at 96,948.2 USDT, a 24-hour drop of 3.19%. (This newsletter is generated with the assistance of AI)

Peter Schiff, a staunch supporter of gold and long-time critic of Bitcoin, has once again stirred controversy with his recent comments on the cryptocurrency. The post Peter Schiff Calls Bitcoin a National Security Threat, Sparking Debate appeared first on Cryptodnes. source: https://cryptodnes.bg/en/peter-schiff-calls-bitcoin-a-national-security-threat-sparking-debate/

Solana (SOL) price is currently trading roughly 15% below its all-time high reached on November 22, while its market cap it’s now at $107 billion, surpassing tech giant Xiaomi. Despite a positive BBTrend on December 8, indicating some upward momentum, it has since weakened and is now at 0.66, suggesting that the trend could reverse soon. Meanwhile, SOL’s DMI chart shows an increasing ADX of... source: https://beincrypto.com/solana-sol-price-down-from-all-time-high-more-declines/

On Dec 09, 2024, 19:54 PM(UTC). According to Binance Market Data, Ethereum has dropped below 3,800 USDT and is now trading at 3,798.72998 USDT, with a narrowed 4.66% decrease in 24 hours.

This article will explore the journey of both parties since the collaboration and the impact it has had so far.

Golden Finance launches Golden Web3.0 Daily to provide you with the latest and fastest news on games, DeFi, DAO, NFT and Metaverse industries.

As Bitcoin broke through $100,000, bullish sentiment in the market reached a climax.

This article will explain why Bluefin is worth watching and how to get involved now.

The collective rise of DeFi projects is not a simple bull market sector rotation or a "general rise" factor. Behind it are changes in people's expectations for regulation, and more importantly, the fundamentals of DeFi projects themselves are improving.

Sushi leads the sector's recovery, and here's a look at the strong performance of the top DeFi projects over the past 7 days.

The overall roadmap is divided into three parts: "Now", "Next", and "Later". Although not all listed projects can be completed by the end of 2025, these categories clearly divide the focus of o1Labs' work in the next stage.

Recommended readings tonight: 1. Where does the US government's stranglehold on encryption come from and which institutions are involved; 2. Optimistic about the Bitcoin ecosystem's copycat season, what are the future catalysts; 3. The birth of the White House encryption "czar", how will the industry develop in the future?

BitDeer (stock code BTDR in the US) updated its operating figures for November. The market-focused A2 mining machine (Sealminer A2) began mass production, with the first batch of 30,000 units sold to the outside world.

Cryptocurrency, the White House crypto "tsar" is born. What will happen to the industry in the future? Golden Finance, crypto successfully occupies a seat in the White House.