abrahamwilson

@abrahamwilson

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“No regulators have explicitly stated that USDT isn’t compliant, but this does not mean that it is,” Juan Ignacio Ibañez, a member of the Technical Committee of the MiCA Crypto Alliance, told Cointelegraph in a Dec. 29 report.

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Wood also reiterated her optimistic outlook for BTC price, maintaining her prediction that the cryptocurrency could exceed $1 million by 2030 — having surged beyond $108,000 this year.

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She anticipates a resurgence in “liquidity events” as buyers reenter the market without previous regulatory constraints, allowing the market to engage more transparently and freely in price discovery for new companies.

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The largest share of US-located Bitcoin ATMs is held by Bitcoin Depot, which has at least 8,100 crypto exchange machines.

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Byte Federal operates 1,356 Bitcoin ATMs in the US, accounting for 4.3% of all crypto ATMs in the country, according to data from CoinATMRadar.

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The ATM firm also urged customers to reset their login credentials and said they may be asked to verify their personal data and confirm their identities for their protection.

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However, according to data from Solana block explorer Solscanner, one wallet sniped HAWK seconds after launch, purchasing 17.5% of the supply of the memecoin for 4,195 Wrapped Solana (WSOL) — worth $993,000 at the time.

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In a Dec. 5 post to X, Haliey Welch’s official account denied selling any tokens or giving free tokens to KOLs, saying they launched the token on decentralized liquidity protocol Meteora to reduce sniping risk.

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According to aggregated data from Bubblemaps and Dexscreener between 80-90% of the supply was controlled by a group of “insider” wallets.

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However, the price of the token rapidly plummeted and is currently trading at a valuation of just $41.7 million at the time of publication, marking a 91% downturn in less than three hours, according to DexScreener data.

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On Dec. 4, Welch launched the HAWK memecoin, which quickly rallied to a peak market cap of $490 million.

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Viral influencer Haliey Welch has courted controversy following her move to launch a Hawk Tuah memecoin (HAWK) which briefly pumped and then dumped over 90% in the span of just four hours.

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In reaching $100,000, Bitcoin’s market capitalization has also reached a new high, hitting $2 trillion for the first time ever.

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Bitcoin has seen a 126% increase in value since Jan. 1, when it was trading at about $44,000.

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The year has seen more than $31 billion in net inflows from the spot Bitcoin exchange-traded funds in the United States, along with tightened supply from Bitcoin’s fourth halving in April.

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Bitcoin also set a new all-time high of $104,000 at 3:08 am UTC — roughly 90 minutes after surpassing the $100,000 mark.

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“Archax, the first FCA regulated digital asset exchange, broker and custodian, has provided access to a money market fund from UK asset manager abrdn in a tokenized form on the XRP Ledger,” the statement noted.

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According to a Nov. 25 press release, the fund, which will be managed by the UK asset manager abrdn, is part of its £3.8 billion US dollar Liquidity Fund (Lux).

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Ripple has announced the launch of a tokenized money market fund on the XRP ledger in collaboration with Archax, a UK-based FCA-regulated digital asset exchange.

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Data from Cointelegraph Markets Pro and TradingView shows XRP rose from a low of $1.28 on Nov. 26, climbing as much as 14% to an intraday high of $1.46 on Nov. 27. The XRP/USD pair boasts 30% and 179% weekly and monthly gains, respectively.

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