Author: Cointelegraph By Ezra Reguerra

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MicroStrategy purchased $1.5B in Bitcoin last week

MicroStrategy announced that it bought 15,400 Bitcoin for $1.5 billion between Nov. 25 and Dec. 1. Source link

Ripple’s XRP surges to 2024 high amid Trump win, stablecoin optimism

Donald Trump’s election victory, an anticipated conclusion to the SEC lawsuit and an expected stablecoin project may have contributed to the XRP price surge. Source link

NFTs hit $562M in monthly sales volumes, recording six-month high

NFTs had a monthly sales volume of over $562 million in November, surpassing October’s record of $356 million. Source link

South Korea’s Democratic Party agrees to delay crypto tax by 2 years

South Korea’s Democratic Party previously pushed back against another delay, saying it was a political trick by the ruling party. Source link

Bitcoin ETFs hit new record with over $3.1B in weekly inflows

CoinShares data showed that spot Bitcoin ETFs recorded $3.12 billion in inflows from Nov. 18–22.  Source link

Australia consults on adopting OECD crypto reporting framework

Australia’s Treasury seeks input on implementing the crypto-asset reporting framework within its domestic tax laws.  Source link

$47B in BTC may flow into Bitcoin L2s by 2030 — Galaxy Research

Galaxy Research data revealed that $174 million had been invested in Bitcoin layer-2s between January and September.  Source link

South Korea’s Democratic Party pushes to implement 20% crypto tax in 2025

South Korea’s Democratic Party said increasing the tax threshold to 50 million won ($36,000) would mean only big players will be affected.  Source link

NBA legend Shaquille O’Neal signs $11M Astrals NFT settlement

Shaquille O’Neal signed an $11 million settlement in exchange for dismissing a class-action lawsuit.  Source link

California judge rules DAO members liable under partnership laws

A16z Crypto’s Miles Jennings posted on X that the ruling is a “huge blow” to decentralized governance.  Source link