ChainCatcher news, Bybit announced that it will terminate withdrawal and custody services in France starting from January 8, 2025. After January 8, 2025, users with asset values of 10 USDC or below will be charged a fee of 10 USDC and have their accounts closed. For users with assets exceeding 10 USDC, BYBIT will initiate the transfer of any remaining funds to Coinhouse, and subsequent withdrawals will need to be processed through their platform.

ChainCatcher news, the European digital asset platform Bitpanda has received in-principle approval from the Virtual Assets Regulatory Authority (VARA) of the United Arab Emirates, and Bitpanda will facilitate the continuous growth of users in the Middle East and North Africa region.

ChainCatcher news, according to Jinshi reports, the U.S. December S&P Global Services PMI preliminary value is 58.5, expected 55.7, previous value 56.1;The U.S. December S&P Global Manufacturing PMI preliminary value is 48.3, expected 49.8, previous value 49.7;The U.S. December S&P Global Composite PMI preliminary value is 56.6, expected 55.1, previous value 54.9.

ChainCatcher news, Meme coin KOL Murad posted on social media, "If you stay in the crypto space long enough, you will understand one truth, there is one factor that stands out in every cycle------the hardcore community. Everything else will rise and fall, but true passion is unstoppable. In this cycle, Meme coins with a hardcore community will dominate the market."

ChainCatcher news, according to Cryptopotato, the cryptocurrency division of the American financial services company Robinhood has released its year-end report for 2024, outlining the growth over the past 11 months and the expansion into new markets.As of November 2024, the nominal trading volume of Robinhood Crypto is $119 billion, with managed crypto assets valued at $38 billion. Robinhood Crypto has expanded its services in the U.S., fully covering 50 states and territories including Hawaii, Puerto Rico, and the U.S. Virgin Islands.The company has increased the number of cryptocurrencies available in the U.S. to 20 by adding new assets such as Solana (SOL), Pepe (PEPE), and dogwifhat (WIF).

ChainCatcher news, according to Jinshi reports, The Wall Street Journal reveals that Trump's team is seeking to consolidate or eliminate banking regulatory agencies.

ChainCatcher News, the U.S. Department of Justice announced that a man from Austin, Texas, was sentenced to two years in prison for falsely reporting the capital gains from the sale of $3.7 million in Bitcoin on his tax return. According to court documents and statements, Frank Richard Ahlgren III submitted false tax returns between 2017 and 2019, underreporting or failing to report $4 million in Bitcoin sales transactions, from which he made substantial profits. Regulatory provisions require all taxpayers to report any sales profits as well as gains or losses from the sale of cryptocurrencies like Bitcoin on their tax returns.Lucy Tan, acting special agent in charge of the IRS Criminal Investigation Houston office, stated, "This case marks the first criminal tax prosecution solely related to cryptocurrency." In addition to imprisonment, the man is also required to pay $1,095,031 in restitution to the United States.

ChainCatcher news, according to the Korean National Assembly's bill information system, South Korean President Yoon Suk-yeol submitted a consent proposal for the appointment of the Chief Justice to the National Assembly on the 12th, stating, "With the end of the Chief Justice's term, I request the National Assembly's consent to appoint a successor Chief Justice."After Yoon Suk-yeol delivered a speech to the public on the 12th, rejecting calls for an early end to his term, he approved 42 bills and enforcement orders, among other things, and submitted the consent proposal for the Chief Justice's appointment, continuing to exercise presidential powers. According to the South Korean Constitution, the Chief Justice should be proposed by the Chief Justice of the Supreme Court (High Court) and appointed by the President after receiving the National Assembly's consent. (Kim Ten)

ChainCatcher news, Citibank's latest report believes that stablecoins not only have the potential to reinforce the dominance of the US dollar but also challenge the notion that Bitcoin will one day end the dollar's hegemony.Analysts in the report stated: "Initially, cryptocurrencies like Bitcoin were seen as competitors to central bank-issued currencies. In fact, some believed—and still believe—that Bitcoin could end the dollar's hegemony. However, USDT is challenging this notion."Citibank pointed out that the vast majority of stablecoins are pegged to the US dollar, with issuers holding both dollars and US Treasury bonds. Analysts also indicated that if the US government further legitimizes stablecoins, this could enhance the dollar's dominance. "Increased regulatory transparency could also further enhance the appeal of stablecoins. If so, the demand for US Treasury securities from stablecoin issuers could grow from the current level of around 1%. Therefore, this cryptocurrency will not replace the dollar, but rather make the dollar more easily accepted worldwide and reinforce the dollar's long-standing global dominance."

ChainCatcher news, according to The Information, informed sources say that Google recently asked the U.S. government to lift Microsoft's exclusive agreement to host OpenAI technology on its cloud servers. This conversation took place after the Federal Trade Commission (FTC, one of the main federal antitrust enforcement agencies) inquired about Microsoft's business practices as part of a broader investigation.The source stated that companies competing with Microsoft in cloud server leasing (including Google and Amazon) want to host OpenAI's artificial intelligence themselves, so their cloud customers do not need to rely on Microsoft's servers to access the startup's technology.

ChainCatcher news, according to market news, preliminary voting results show that Microsoft shareholders voted against the Bitcoin investment proposal.

ChainCatcher news, according to Coindesk, preliminary voting results show that Microsoft shareholders voted against the Bitcoin investment proposal.The proposal titled "Assessment of Investing in Bitcoin" was put forward by the National Center for Public Policy Research, suggesting that Microsoft consider diversifying 1% of its total assets into Bitcoin as a potential hedge against inflation.According to Bloomberg data, Microsoft holds $78.4 billion in cash and securities on its balance sheet.

ChainCatcher News, senior member of the U.S. Senate Banking Committee, Senator Tim Scott, issued a statement on the X platform opposing the upcoming Biden administration nominee review scheduled for December 11.He believes that the Democrats' last-minute push for President Biden's nominees, including the reappointment of SEC Commissioner Caroline Crenshaw, is an "obvious attempt to obstruct President Trump's agenda."Scott emphasized that the American people have expressed their stance on the economic agenda in the election on November 6, calling for a halt to related rule-making activities.

ChainCatcher news, according to Jinshi reports, on December 8 local time, U.S. President-elect Trump announced via social media the nomination of his personal lawyer Alina Habba as a presidential advisor.In addition, he nominated Michael Anton as the Director of Policy Planning at the U.S. State Department; nominated Michael Needham as a State Department advisor; and nominated Christopher Landau as Deputy Secretary of State.

ChainCatcher news, the Shanghai No. 2 Intermediate People's Court released a white paper on "Balancing Punishment and Governance" in criminal trials, which disclosed that since 2019, over 600 criminal cases related to quasi-financial trading platforms have been concluded. In terms of investment types, the investment schemes in quasi-financial trading platform crimes are diverse and constantly evolving, shifting from initial investments in physical items like stamps and paintings to financial investments such as futures, options, stocks, and foreign exchange trading, and now extending into emerging fields like NFTs (digital collectibles) and digital currencies.From the statistical data, the top three investment schemes by case volume are futures, stocks, and virtual currencies, accounting for approximately 50%, 20%, and 11%, respectively. Criminals often use WeChat public accounts, mini-programs, and live broadcasts to extensively promote so-called "virtual currencies," leading to an expanding range of related illegal information and a continuous increase in the number of victims.

ChainCatcher message, Bithumb announced that starting from December 6, 2024, at 15:00 (local time), the warning designation for Creditcoin (CTC) will be lifted, and recharge support will be restored.In addition, Bithumb will terminate trading support for MXC, with the trading termination time set for January 6, 2025, at 15:00 (local time).

ChainCatcher message, according to Deribit data, approximately $2.88 billion in nominal value of cryptocurrency options will expire tomorrow. Among them, the Bitcoin options scale is $2.3 billion, with a put/call ratio of 1.08 and a maximum pain price of $96,000; the Ethereum options scale is $585 million, with a put/call ratio of 0.53 and a maximum pain price of $3,450.

ChainCatcher News, President-elect Trump announced the nominations for positions such as the Administrator of NASA, Special Presidential Envoy for Hostage Affairs, Secretary of the Army, Senior Advisor for Trade and Manufacturing, and Chairman of the Republican National Committee.Trump announced the nomination of Jared Isaacman as the Administrator of NASA, the nomination of Adam Bowler as the Special Presidential Envoy for Hostage Affairs, the nomination of Daniel Driscoll as Secretary of the Army, and the nomination of Peter Navarro as Senior Advisor for Trade and Manufacturing. Additionally, Trump stated that he has invited Michael Watley to lead the Republican National Committee again as Chairman.Furthermore, President-elect Trump announced the nomination of Michael Faulkender from Maryland as Deputy Secretary of the Treasury.