07/01/2025
Top 5 Cryptocurrency and Blockchain News This Week š
1. US and China at Odds Over Crypto Policies
While the United States is embracing cryptocurrencies through the adoption of pro-crypto policies and key appointments, China further tightens control by banning private Bitcoin ownership in favor of promoting its state-backed digital yuan.
Read more: https://encr.pw/cryptojunkie
2. Do Kwon Pleads Not Guilty in US Court
Do Hyeong Kwon, co-founder of Terraform Labs, pleaded not guilty to charges related to the collapse of his Singapore-based crypto firm that caused a $40 billion crash back in May 2022.
Read more: https://encr.pw/Hp094
3. Elon Muskās Influence on Meme Coins
The result of Elon Muskās recent social media burst has been a wild ride that sent some meme coins up in value by 4800%, proof of the enduring volatility of meme-based cryptocurrencies.
Read more: https://shorturl.at/vxN6r
4. Future of Bitcoin Depends on What Trump Will Do
Analysts said Bitcoin might be above $125,000 or retreat toward $77,000 this quarter, depending on the crypto policies of President-elect Donald Trump.
Read more: https://shorturl.at/vF1e0
5. North Koreaās Crypto Hacks Reach New Highs
In all, North Korean groups have stolen an estimated $1.34 billion through cryptocurrency hacks in 2024, making this year their highest on record and accounting for two-thirds of global crypto hacks.
Read more: https://shorturl.at/JkArj
Remember, in crypto-land, change is permanent! Stay informed; keep your wallets safe. š
