Crypto Daybook Americas: Inflation May Just Provide a Santa Spark Your day-ahead look for Dec. 11, 2024

Italy Set to Scale Back Planned Tax Hike on Crypto Capital Gains: Reuters The tax increase will be significantly reduced during parliamentary work, lawmakers said.

XRP Outperforms Bitcoin, Dogecoin Extends Slide Ahead of U.S. CPI XRP whale exchange deposits hit a six-month high early Tuesday, indicating short-term bearish pressure.

Binance Partners With Circle to Push USDC Stablecoin Adoption Across the Globe The partnership will bring more USDC trading pairs, special promotions on USDC across trading and other products, Binance CEO Richard Teng said.

Bitcoin’s $100K Breakout Pause Likely Due to Liquidity Factors and Nvidia’s Stalled Rally Slower inflow of liquidity and risk-off cues from NVDA might be holding back the upside.

As BitMEX Turns 10, the Market Is Still Thankful for the Perpetual Swap BitMEX’s CEO says he’s OK with everyone copying the exchange’s most important invention.

Magic Eden’s $5B Token Airdrop Raises Crypto Wallet Security Questions To claim aidrops, users had to download Magic Eden’s wallet, a highly atypical process that industry insiders said threatened to breach security best practices.

XRP Rallies 10% as Ripple’s Stablecoin Gets Regulatory Approval, CEO Garlinghouse Says The approval is a necessary step towards the public launch of the RLUSD token, which is currently in test mode on Ethereum and XRP Ledger.

El Salvador and Argentina Regulators Sign Agreement to Help Develop Crypto Industry Regulators from both countries are looking to collaborate to foster crypto innovation.

Companies Can Now Offer USDT Services in Abu Dhabi Tether services can now be offered in the Abu Dhabi Global Market by authorized firms, the company said Tuesday.

Shayne Coplan: He Took Prediction Markets Mainstream In so doing, Polymarket’s founder demonstrated a real-world consumer use case for crypto, earning him a spot on CoinDesk’s Most Influential 2024 list.

Russian Lawmaker Proposes Creating Strategic Bitcoin Reserve: Report Anton Tkachev proposed “assessing the feasibility of creating a strategic BTC reserve in Russia by analogy with state reserve in traditional currencies.”

Microsoft Shareholders Vote Down Bitcoin Treasury Proposal The negative vote was expected even as MicroStrategy Executive Chairman Michael Saylor tried to convince Microsoft shareholders otherwise.

XRP, APT, ADA Tumble Another 15%; Investors May Be Paring Longs Ahead of CPI Data Bitcoin is again outperforming, sliding just 3% back to $95,000.

Evan Cheng: The Architect of Sui’s Object-Oriented Revolution Sui is re-thinking what blockchains can be. And this year, many of Wall Street’s largest institutions are taking note.

Fairshake: Crypto Titans Use Old-School Dollars to Turn Tide in Congress The industry went from pariah in Washington to being a top political player in less than two years, thanks in part to unlimited spending and hard-nosed tactics.

Helium’s Frank Ong: Building Out DePIN’s First Big Success Story Helium was a DePIN long before DePIN was a word. Long-time COO Mong is gratified to see (literally) a thousand projects emulating its economic model in 2024.

Howard Lutnick: Tether’s Big Backer The CEO of prominent bond broker Cantor Fitzgerald played a major role in validating Tether this year by vouching for its reserves.

Fred Thiel: The Michael Saylor of the Bitcoin Mining Industry The CEO of MARA Holdings has gone all-in on bitcoin, adding billions of dollars worth of the world’s largest cryptocurrency to MARA’s balance sheet.

Hunter Horsley and Matt Hougan: The Spot Crypto ETF Champions The two Bitwise executives have worked tirelessly to get crypto exchange-traded funds approved by the SEC, and this year they finally succeeded.