According to CoinDesk, Michael Saylor's proposal for Microsoft to incorporate bitcoin into its balance sheet is facing significant skepticism. Polymarket bettors currently estimate only an 11% chance of shareholder approval for this initiative. The proposal, initially put forward by the National Center for Public Policy Research, suggested bitcoin as a diversification investment. However, Microsoft's board has advised shareholders to reject it, citing the cryptocurrency's instability as unsuitable for a company of Microsoft's magnitude. Saylor, who is the executive chairman of Microstrategy, has been advocating for this move, suggesting that bitcoin could serve as a hedge against inflation and economic uncertainty. He argues that this could potentially elevate Microsoft's market cap from $3.2 trillion to over $8 trillion. Saylor also criticized Microsoft's current treasury strategy, which he claims has resulted in the "surrender" of $200 billion in capital over five years through dividends and buybacks. He believes these funds could have been more profitably invested in bitcoin, which has seen a significant increase in value over the same period. Despite Saylor's arguments, there is considerable debate among investors. One Polymarket bettor expressed skepticism about the necessity for Microsoft to add bitcoin to its balance sheet, pointing out that there are already numerous avenues for institutional investors to gain bitcoin exposure. This was not the case when Microstrategy initially invested in bitcoin. The bettor argued that mixing stable investments like Microsoft with volatile ones like bitcoin could complicate value assessments. Conversely, another bettor suggested that Microsoft's strong cash position might allow for a small allocation of funds to bitcoin as a test, emphasizing the importance of considering shareholders' rights. This bettor believes that Microsoft's financial stability provides the flexibility to explore bitcoin investments. The upcoming shareholder meeting on December 10 will be crucial, as it will determine the fate of this proposal.

The Cheongju District Court in South Korea has sentenced a public official of the Cheongju City Government to five years in prison for embezzlement. He misappropriated 600 million won ($427,800) to invest in cryptocurrencies and stocks and repay personal debts over a seven-year period starting in January 2017, Yonhap News Agency reported. He reportedly forged official documents as part of the scheme.

OKX market data shows that RSR rose above 0.017 USDT and is currently trading at 0.017152 USDT, with a 24-hour increase of 85.3%.

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.

According to PANews, a public official from Cheongju City Government in South Korea has been sentenced to five years in prison for embezzling public funds. The Cheongju District Court handed down the sentence after finding the official guilty of misappropriating 600 million Korean won (approximately $427,800) over a period of seven years, starting in January 2017. The court revealed that the official used the embezzled funds to invest in cryptocurrencies and stocks, as well as to pay off personal debts. It was reported that the official falsified official documents as part of the scheme. This case highlights the ongoing challenges faced by authorities in monitoring and preventing financial misconduct within public institutions. The sentencing underscores the South Korean government's commitment to cracking down on corruption and financial crimes, particularly those involving public officials. The case has drawn attention to the need for stricter oversight and transparency in the management of public funds to prevent similar incidents in the future.

Many altcoins have posted double-digit price gains over the past 24 hours. source: https://cryptopotato.com/these-altcoins-take-center-stage-with-massive-gains-as-btc-stalls-at-95k-market-watch/

21X, a tokenized asset trading platform running on Polygon, has been approved by the German financial regulator BaFin to go online. It plans to launch a tokenized financial instrument trading platform at its headquarters in the first quarter of 2025, and plans to support the trading of tokenized equity, debt securities, funds, and real-world assets (RWA), such as real estate or artworks that qualify as financial instruments. It is reported that in addition to BaFin, the German Federal Bank (Deutsche Bundesbank), the European Securities and Markets Authority (ESMA) and the European Central Bank (ECB) also participated in the approval of 21X. (Coindesk)

The forthcoming stablecoin will bolster Ripple’s position in the U.S. digital market and the wider stablecoin ecosystem. source: https://zycrypto.com/ripple-xrps-price-on-the-brink-of-unbelievable-all-time-highs-as-leak-reveals-mammoth-december-bombshell/

Blockchain data shows that XRP Ledger has reduced the base reserve requirement from 10 XRP to just 1 XRP on December 3. This allows new users to top up their wallets with less cryptocurrency, potentially lowering the barrier to user adoption. At the same time, this also enables users to spend part of the XRP they would otherwise have to hold as a reserve. The reserve change took place at 6:45 am Beijing time today. The news was announced on the X platform by the XRP validator operator under the pseudonym Vet. At the same time, the owner reserve has also been reduced from 2 XRP to 0.2 XRP. This means that users only need to keep 0.2 XRP for each object held in their account. According to the XRP Ledger's documents, objects can include NFTs, trust lines, signer lists, or owner directories. Some oracles also count as objects and require owner reserves. (Cointelegraph)

SUI's next price move could be dependent on a few key things. source: https://ambcrypto.com/sui-networks-33b-volume-milestone-good-news-but-roadblocks-ahead/

According to Lookonchain monitoring, DWF Labs deposited another 2 million ALGOs ($1.14 million) into CEX 3 hours ago. Since November 21, DWF Labs has deposited 16 million ALGOs ($9 million) into CEX. During this period, the price of ALGO has risen by about 185%.

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?

Donald Trump’s cryptocurrency project, World Liberty Financial, has drawn criticism for directing 75% of its funds to his family, raising ethical concerns. Justin Sun's $30 million investment saved the project and highlighted ongoing debates about crypto, politics, and transparency.