Anonymous Bitcoin ATMs in Spain are set to be shut down as the European Union enforces stricter crypto regulations under the Markets in Crypto-Assets (MiCA) law, requiring full Know Your Customer (KYC) compliance for all transactions. This change, aimed at combating money laundering and terrorist financing, will eliminate the ability to conduct unregulated transactions, marking a significant shift in the crypto landscape and raising concerns about the future of privacy for cryptocurrency users across Europe.
PlutoChain is revolutionizing Bitcoin by introducing Layer-2 technology that enables smart contracts and decentralized applications, enhancing Bitcoin's functionality beyond a mere store of value. With a block time of just 2 seconds and over 43,000 daily transactions on its testnet, PlutoChain is poised to unlock new opportunities in decentralized finance, NFTs, and AI. As the presale gains traction, the project is attracting attention for its potential to reshape the Bitcoin ecosystem.
Dogecoin has surged 24.19% to $0.3352, driven by increased whale activity and a recovering crypto market, with trading volume exceeding $8 billion. Analysts predict it could reach $1 by year-end, bolstered by potential ETF rumors and strong investor participation, despite macroeconomic challenges.
North Korean hackers, linked to the TraderTraitor Group, executed a sophisticated social engineering attack that led to the theft of $305 million from Japan's DMM Bitcoin. The breach involved a Ginco employee who was tricked into running a malicious script, allowing the attackers to impersonate them and manipulate a transaction request. Following the incident, DMM Bitcoin announced plans to cease operations by March 2025, halting withdrawals and trading activities.
Ripple's XRP has seen significant volatility, dropping from $2.50 to under $2 before recovering to around $2.25. Analysts are optimistic about a potential rally, with predictions of prices reaching up to $12 next month, fueled by substantial whale purchases that have reduced circulating supply and may attract smaller investors.
Bybit, the second-largest cryptocurrency exchange, has launched a sea turtle adoption initiative in partnership with WWF to promote wildlife conservation. Running from December 24, 2024, to January 24, 2025, the campaign invites new and existing users to contribute by making a deposit, with funds supporting vital research and habitat protection for endangered species. This effort reflects Bybit's commitment to environmental sustainability and enhancing user experience through its collaboration with Sumsub for improved security and compliance.
Nestlé has completed a CHF20 billion share buyback program, purchasing 187.4 million shares since January 2022 at an average price of CHF106.74. The company has already canceled 14 million shares in 2022, 80 million in 2023, and plans to address the remaining 43.5 million shares at the 2025 Annual General Meeting.
The Dow rose 180 points as the holiday season rally commenced, while Treasury yields continued to increase. The 10-year note surpassed 4.60%, reaching its highest level since late May, while the 2-year and 30-year notes also saw slight gains, reflecting ongoing market trends.
In December, a judge dismissed a lawsuit from Crypto.com, while the SEC has yet to file its own suit against the exchange. As of 2024, several crypto firms, including Uniswap Labs and OpenSea, have received Wells notices from the SEC, indicating potential legal action for alleged violations of securities laws. With new SEC leadership anticipated, the crypto industry hopes for a shift in enforcement strategies.
Bitcoin is consolidating near $94,500 after a strong uptrend, with critical support at $94,000 and a bullish breakout potential above $96,000. The BTC Dominance chart shows bearish sentiment, with key support at 57.20%, while the Crypto Total Market Cap is testing support near $3.2T, indicating caution in the short term.

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