Coinglass data shows that in the past 4 hours, the entire network has been liquidated for $48.4213 million, of which long orders have been liquidated for $34.5113 million and short orders have been liquidated for $13.910 million.

French Senator Sylvie Vermeillet proposed in the 2025 budget to classify Bitcoin and other digital assets as non-productive property, similar to real estate and luxury assets, and tax their unrealized asset gains. French Finance Minister Laurent Saint-Martin supports this move, arguing that it is unfair to exempt Bitcoin from tax while taxing real economy assets. (Bitcoin Archive)

According to PANews, French Senator Sylvie Vermeillet has proposed a new classification for Bitcoin and other digital assets in the 2025 budget. The proposal suggests categorizing these digital assets as non-productive properties, similar to real estate and luxury goods, and imposing taxes on their unrealized gains. French Finance Minister Laurent Saint-Martin has expressed support for this initiative. He argues that it is unfair to exempt Bitcoin from taxes while taxing assets in the physical economy. This move aims to address the disparity in taxation between digital and traditional assets, ensuring a more equitable tax system. The proposal reflects ongoing discussions in France about how to regulate and tax digital currencies, which have become increasingly popular among investors. The proposed changes could have significant implications for cryptocurrency holders in France, potentially affecting investment strategies and market dynamics. As the debate continues, stakeholders in the digital asset space are closely monitoring developments to understand how these potential regulations might impact the broader financial landscape.

This article takes a deep dive into how sCrypt built a demo bridge contract on Bitcoin.

Bitget announced the launch of BitEXC, a crypto trading platform, in the Vietnamese market, providing users with a wealth of trading services, including spot trading and futures trading. The Bitget Protection Fund, worth more than $300 million, will also cover all users of the BitEXC platform. At the same time, the platform introduced a VIP service system to support personalized account management and exclusive benefits to meet the diverse needs of high-end users. As an important market for global cryptocurrencies, Vietnam has about 21.2% of its population holding digital assets, ranking second in the world. In this regard, Gracy Chen, CEO of Bitget and BitEXC, said: "Vietnam has shown great potential in the field of cryptocurrency. Through BitEXC, we are committed to providing innovative solutions for local users, empowering the community, and promoting the popularization and sustainable development of cryptocurrencies in Vietnam." The launch of BitEXC marks an important step for Bitget in the Southeast Asian market, and also further strengthens its global layout.

OKX market data shows that ETH fell below 3600 USDT and is now trading at 3594 USDT, with the 24-hour increase narrowing to 0.6%.

OKX market data shows that BTC fell below 95,000 USDT and is currently trading at 94,758 USDT, down 0.1% in 24 hours.

According to Binance Market Data, Bitcoin (BTC) dropped below 95,000 USDT and is now trading at 94,874.328125 USDT, with a 0.03% decrease in 24 hours.

According to the official announcement, Gate.io announced the launch of a new ecological brand MemeBox. With the motto of Gateway to Memes, MemeBox is committed to becoming the preferred portal for Meme culture and economic ecology in the Web3 era. By providing accurate market information, comprehensive cultural trend analysis and innovative asset trading tools, MemeBox will open up a new way for users to explore the Meme world. It is understood that the naming of MemeBox represents its core value. "Box" symbolizes multi-functional integration and diversity inclusion. MemeBox will gather the latest Meme hot information and support users to participate in asset interactions based on blockchain technology. Whether it is classic Meme symbols or cutting-edge cultural trends, MemeBox will provide users with a reliable ecological environment, giving Meme culture a new vitality, while promoting the deep integration of culture and finance.

At the Bybit 2024 Media Roundtable, Shunyet Jan, Bybit's Head of Institutional Business and Head of Derivatives Business, briefly described the user portraits of different regions. He mentioned: "On the one hand, users in different regions will give priority to big trends and big narratives; on the other hand, when the big trends are not clear, users will turn to pay more attention to small sections and small narratives. For example, GameFi is more popular with Korean users, while European users are not very interested. Asian users pay more attention to derivatives, and high-net-worth customers pay more attention to stable returns."

At the Bybit 2024 Media Roundtable, Bybit co-founder and CEO Ben Zhou also briefly explained the platform's listing. He said: "Bybit's listing considerations include: 1. Refer to the listing choices of industry competitors, such as Binance, Upbit and other exchanges. Different platforms also follow up with each other to list coins; 2. For projects that are not listed on other exchanges, more consideration will be given to the project's new users, popularity, regionality, token valuation and subsequent price trends."

Donald Trump's administration plans to create a national Bitcoin reserve, boosting Bitcoin's role in the global economy. State-level and institutional support is growing, with 10 US states preparing their own Bitcoin reserve plans.

Recently, XRP rose to $2.84, with a market value of over $146 billion, becoming the world's third largest crypto asset. As XRP drives market sentiment, related concept projects such as AVAX, LINK, ONDO and HBAR recorded an average increase of over 30%.

The launch of the leveraged MicroStrategy ETF has accelerated the trend of MicroStrategy's stock price

Since Reddio’s technical solution uses CuEVM, a project that uses GPU to improve EVM execution efficiency, we will start with CuEVM.

An Apple employee is suing the company for allegedly monitoring personal devices and iCloud accounts linked to work, even when off-duty. The lawsuit challenges Apple's policies, claiming they violate privacy laws by tracking employees' personal data without consent.

BTC’s average return last month was 46%, the asset’s best November performance since 2020.

The US has imposed new export restrictions on China’s semiconductor industry, halting shipments to 140 companies, including Swaysure Technology, tied to Huawei and already under sanctions. Is this a security measure or a futile attempt to stifle China’s tech growth?

In November, the monthly increase was more than 37%, with the value increasing by more than $26,000, pushing the market value of the entire cryptocurrency market to surge to more than $1 trillion, an increase of about 45%.

Five factors push XRP up. Is it far from breaking through the historical high of $3.40?