Crypto Briefing

KULR Technology has entered the Bitcoin market with a $21 million purchase of 217.18 BTC, marking the start of its Bitcoin Treasury strategy to allocate up to 90% of its surplus.

Former President Trump has called for all remaining $BTC to be mined in the US for energy dominance, but experts question its feasibility due to global competition and Bitcoin's decentralized nature.

Chill Guy meme coin, once valued at $790M, is facing controversy over alleged art plagiarism, as a Vietnamese magazine cover replicates its meme, leading to denials from creator Phillip.

Little Mira's fight against a rare brain tumor led to the creation of the $MIRA token, which quickly gained market value, with her father Siqi Chen managing the proceeds for research donations.

Cryptocurrencies are becoming more common for daily transactions due to benefits like lower fees and faster processing, leading businesses to consider adoption despite concerns over complexity and volatility.

Floki plans to launch an exchange-traded product (ETP) based on its $FLOKI token on Switzerland's SIX Swiss Exchange in early Q1 2025, aiming to offer an institutional-grade investment vehicle.

Israeli fund managers, including Meitav, Migdal Capital Markets, IBI, and Ayalon, will launch six Bitcoin mutual funds on December 31, trading on the Tel Aviv Stock Exchange.

Russia is increasingly using crypto assets and $BTC for cross-border transactions to bypass Western sanctions, as companies adapt to new legislation permitting digital currencies in foreign trade.

Bitcoin surged over 130% in 2024, but only 7 of 25 publicly listed Bitcoin mining firms saw positive returns, with Core Scientific leading the gainers. The April halving event impacted miners.

Cardano founder Charles Hoskinson engaged in a viral debate with AI bot "RoastMaster9000" over blockchain's smart contract capabilities, initially unaware of the bot's nature.