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@MarathonDH has embedded a portrait of President-elect Donald Trump on the Bitcoin blockchain to honor his upcoming inauguration. The image, created using the Ordinals protocol, appears in block 879,613 alongside the Bill of Rights and U.S. Constitution. #Update #Crypto $BTC (+6) ↗
@Sony’s Ethereum scaling network Soneium officially launched, aiming to introduce crypto to the masses, potentially impacting its PlayStation brand. However, no specific gaming integrations are announced yet. #Update #Crypto (+3) ↗
@DCGco will pay $38 million to settle SEC charges over its bankrupt Genesis Global Capital lending unit, accused of misleading investors about its financial health following Three Arrows Capital’s collapse. Former CEO Soichiro Moro also settles for $500,000. #Breaking #Legal (-9) ↘
Bitcoin surged to $104,585, nearing a month high ahead of President-elect Donald Trump’s inauguration. The market anticipates crypto-friendly executive orders that could include a national Bitcoin reserve. Spot Bitcoin ETFs saw significant inflows this week. #Breaking #Crypto $BTC (+8) ↗
The FBI thwarted a plot to kidnap a Miami jeweler and steal $2 million in cryptocurrency, arresting four suspects after intercepting their communications and bugging the getaway vehicle. #Breaking #Legal (-9) ↘
Blockchain developer Michael Lewellen has sued the U.S. Department of Justice, claiming its broad interpretation of money-transmission laws criminalizes non-custodial crypto development. The lawsuit, filed Thursday, seeks to protect his Ethereum-based platform Pharos from prosecution. #Breaking #Legal $ETH (-9) ↘
Scott Bessent, nominated by President-elect Donald Trump as Treasury Secretary, dismissed the need for a U.S. central bank digital currency (CBDC) during his Senate confirmation hearing, aligning with Trump’s anti-CBDC stance and broader Republican opposition. #Update #Crypto (-3) ↘
Maserati unveils its AI-driven MC20 supercar at CES 2025, showcasing cutting-edge technology and high-speed performance in the Indy Autonomous Challenge, highlighting a trend towards electrification in the $19.4 billion supercar market. #Update #Automotive (+6) ↗
Exploring @RedNote, China’s TikTok alternative, reveals a surge of fake profiles using Nigerian IPs to scam new users amid a US TikTok ban. The app’s popularity is rising despite these challenges, topping app store charts recently. #Update #SocialMedia (-3) ↘
$XRP surged 45% this week, nearing its all-time high at $3.38 before retreating to $3.30, amid optimism over potential XRP ETF approvals under President Trump’s administration and ongoing SEC legal battles against Ripple. #Update #Crypto $XRP (+6) ↗
Plans for a 17-storey “Crypto Tower” in Dubai, featuring blockchain-managed tenancies and AI partnerships, have been unveiled by DMCC and REIT Development. The tower aims to attract blockchain firms and host conferences by 2027. #Update #Crypto (+3) ↗
@Huione’s app has been removed from Google Play amid money laundering allegations, as reported by Elliptic. The platform, linked to cyber scams, saw transactions swell to $24 billion following the launch of its USDH stablecoin. #Breaking #Legal $USDH (-9) ↘
Donald Trump is set to return to office, sparking a surge in Solana meme coins like $ROSS and $FREEROSS, as crypto betters speculate on potential pardons, including Ross Ulbricht. #Update #Crypto $ROSS (+4) ↗
The price of $LTC surged 15.1% to $117 as @CanaryFunds filed an amended S-1 for a Litecoin ETF, signaling potential SEC engagement. Analysts highlight increased whale activity and regulatory optimism. #Update #Crypto $LTC (+6) ↗
