December 2024 - Crypto News And Market Updates

South Korea themed crypto illustration with national symbols and digital charts, representing crypto market developments and regulation in South Korea.

South Korea’s Crypto Trading Surpasses Stock Market by 22%, Hits $18B in 24 Hours

December 3, 2024 Gonzalo

South Korea’s crypto trading hit $18B in 24 hours, surpassing stock market volumes by 22%, with XRP, DOGE, and XLM leading the altcoin surge.

Trump’s Likely SEC Pick Fuels RSR Token Rally to Multiyear High

December 3, 2024 Gonzalo

RSR token surges 88% to multiyear highs on speculation Trump may nominate pro-crypto advocate Paul Atkins as SEC chair, sparking market optimism.

Illustration depicting the launch of a spot XRP ETF and growing institutional interest in XRP.

WisdomTree Files for Spot XRP ETF, Expanding Crypto Investment Offerings

December 2, 2024 Gonzalo

WisdomTree files an S-1 for a spot XRP ETF with the SEC, aiming to expand crypto investment opportunities. Coinbase affiliates will serve as custodians.

Japan-themed crypto illustration with national symbols and digital assets, representing regulatory reclassification of crypto as financial products.

Japan’s Metaplanet to Reward Shareholders with Bitcoin for Holding Stock

December 2, 2024 Gonzalo

Metaplanet partners with SBI VC Trade to reward shareholders with Bitcoin through a lottery system, aiming to enhance value and boost crypto adoption globally.

Crypto security illustration showing a shield and warning symbols, representing scam prevention and protection in the crypto space.

Clipper DEX Attributes $450K Hack to Withdrawal Vulnerability, Denies Private Key Leak

December 2, 2024 Gonzalo

Clipper DEX confirms $450K hack stemmed from withdrawal vulnerability, not private key leak. Investigations and recovery efforts are ongoing.

Image showing Grayscale filing applications for multiple crypto ETFs, highlighting institutional expansion and regulated investment products.

Grayscale’s Crypto Holdings Surge in November Amid Stellar and XRP’s Triple-Digit Gains

December 1, 2024 Gonzalo

Grayscale’s crypto holdings surged 85% in November, driven by Stellar’s 469% and XRP’s 262% gains. Altcoin season signals more growth ahead.

Banking and crypto illustration showing a secured loan concept, representing Sberbank-related discussions around crypto-backed lending.

Russia Recognizes Crypto as Property, Imposes New Tax Rules on Mining

December 1, 2024 Gonzalo

Russia’s new law imposes a 13%-15% tax on crypto sales, exempts mining from VAT, and grants digital currencies property status, effective January 2025.

Illustration representing OKX wallet security measures and a bug bounty program.

SEC Sues Touzi Capital for Allegedly Defrauding Over 1,200 Crypto Investors

December 1, 2024 Gonzalo

The SEC sues Touzi Capital, alleging a $95M fraud involving 1,200 investors misled about crypto mining fund risks, profitability, and fund usage.