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NEW: TRUMP PROPOSES REPLACING THE CURRENT PERSONAL INCOME TAX SYSTEM WITH TARIFF REVENUES
According to SolidIntel, Trump stated that âin the near future, Americans will no longer need to pay personal income taxes.â He is reportedly planning to use tariff revenues as the primary source of government funding, replacing the existing personal income tax structure.
NEW ďźSTRATEGY CEO: 21 MONTHS OF OPERATIONS WITHOUT SELLING BTC, BITCOIN REMAINS CORE STRATEGIC ASSET
Strategy CEO Phong Le emphasized that the company has sufficient USD reserves to operate for 21 months without selling BTC and reaffirmed that Bitcoin remains its long-term strategic cornerstone, reinforcing investor confidence in $MSTR.
TWENTY ONE CAPITAL TO LIST ON NYSE DEC 9 AND MOVE 43,500 BTC TO SELF-CUSTODY
Jack Mallers, CEO of Twenty One Capital and founder of Strike, announced that the company will debut on the NYSE on December 9 under the ticker XXI. As part of the process, Twenty One Capital will move 43,500 BTC from third-party custody to self-custody and update its proof of reserves.
$ETH balances on centralized exchanges have dropped to 8.8%, the lowest since 2015 and down 43% since July. @MilkRoad notes that $ETH continues flowing into staking, restaking, L2s, DATs, and long-term custody, tightening liquid supply. If demand returns, the price could react sharply.
âĄď¸LATEST: SOUTH KOREA CONSIDERS âNO-FAULT LIABILITYâ RULE FOR CRYPTO EXCHANGES
Korea may require exchanges to compensate users for losses from hacks or system failures even without operator fault. Penalties could rise to up to 3% of revenue under proposed legislation.
NEW: NVIDIA CEO Jensen Huang ( @JensenHuan61284 ) said on X that Bitcoin is transforming previously wasted excess energy into a storable form of digital monetary value, opening new possibilities for energy utilization.
LATEST: @TXMCtrades notes that despite $BTC âs price weakness, on-chain Activity is still rising â a rare signal this late in the cycle. It suggests spot demand remains firm even if price hasnât reflected it yet. Big players are quietly positioning. On-chain momentum rarely lies.
đď¸ NEW: CLEAR STREET PLANS IPO WITH ESTIMATED VALUATION OF $10â12B
According to @FT, CLEAR STREET is preparing for an IPO that could launch as early as next month, though the deal is unlikely to be completed before January, with Goldman Sachs leading the offering. The firm is now one of the most active underwriters for crypto-related equity deals, including STRATEGYâs listing.
CLEAR STREET also underwrote TRUMP MEDIA AND TECHNOLOGY GROUP, which plans to raise billions to build its own Bitcoin treasury.
đINSIGHT THE SEC CHAIR SAID #BITCOIN AND BROADER DIGITAL ASSETS ARE MOVING TOWARD BECOMING CORE LAYERS OF THE GLOBAL FINANCIAL SYSTEM, ADDING THAT THE SHIFT TO CRYPTO-NATIVE INFRASTRUCTURE IS NOW AN INEVITABLE TREND.
BPCE, France's largest financial institution, has begun offering cryptocurrency trading services to its clients.
@Binance Labs Futures will launch POWERUSDT perpetual contracts with leverage up to 20x.
Analysts: The current bearish divergence in BTC is similar to that seen in 2021-2022, and may evolve into a macro-level downtrend.
Western Union will launch payment cards that support pre-deposited stablecoins, primarily targeting markets in high-inflation economies.
Wu Qing, Chairman of the China Securities Regulatory Commission (CSRC): New business models such as crypto assets require in-depth analysis and prudent treatment.
@Yi He : Binance employees are not allowed to participate in token issuance and promotion; community token issuance is unrelated to Binance.
In response to a question about Binance's official Twitter posting style on the X platform, @Yi He stated that the choice of names and posting style used by Binance's official Twitter account is within the scope of their daily work freedom, but Binance employees are not allowed to participate in the issuance or promotion of any token projects. Currently, the community's use of Binance's official Twitter account, its own statements, or excerpts from its posts to promote tokens is a community activity and has nothing to do with Binance.
Tom Lee: Bitcoin may rise to $250,000 within months, and Ethereum is expected to rise to $12,000.
Tom Lee, Chairman of @Ethereum treasury BitMine, stated at @Binance Labs Blockchain Week that he expects Bitcoin to rise to $250,000 within months, and that if the Ethereum-to-Bitcoin price ratio returns to its average level over the past eight years, the price of @Ethereum could rise to approximately $12,000. He pointed out that @Ethereum has begun to break out of its five-year trading range, and that the trend of asset tokenization in 2025 will enhance Ethereum's use value.
A suspected BitMine address added over 22,000 ETH four hours ago
According to @DataFi - Onchain Research monitoring, a newly created wallet received 22,676 ETH from BitGo four hours ago, worth approximately $68.86 million. This address is suspected to belong to BitMine.
Ethereum spot ETFs saw a $75.2065 million net outflow yesterday, with all nine ETFs recording zero net inflows, driven entirely by BlackRockâs ETHA outflow
Key Data 1.Total net outflow (Dec 5, ET): $75.2065 million 2.Number of ETFs with net inflow: 0 / 9 3.Largest outflow: BlackRock ETHA â $75.2065 million 4.ETHA total historical net inflow: $13.091 billion 5.Total Ethereum spot ETF AUM: $18.936 billion 6.ETF net-asset-to-ETH market cap ratio: 5.19% 7.Total historical net inflows: $12.879 billion