CryptoAddicted

🔎 INFLATION: Argentina 🇦🇷 92% Turkey 🇹🇷 84% Russia 🇷🇺 12% Italy 🇮🇹 11.8% UK 🇬🇧 10.7% Euro Area 🇪🇺 10% Germany 🇩🇪 10% Netherlands 🇳🇱 10% South Africa 🇿🇦 7.4% USA 🇺🇸 7% France 🇫🇷 6.2% China 🇨🇳 1.6%

JUST IN: 🇪🇸 Spain announces €10 BILLION package to battle high inflation by: Printing more money… “The package includes a one-off bonus of 200 euros for about 4.2 million households with annual incomes up to 27,000 euros “

🏦 Banks will be closed for Christmas, but #Bitcoin will be open all holiday long ⚡️ “The problem with #bitcoin  is, IT NEVER STOPS. Not even for Xmas. 😂” - CZ (Binance CEO)

Russia is reportedly close to legalizing #bitcoin and crypto for foreign trade. 🔥 The discussions have lasted almost a year, and began after Western sanctions were deployed in the wake of the country’s invasion of Ukraine.

BREAKING: SBF released on $250M bail bond "I only have 100K in my bank account" 🤡

BREAKING: 🇵🇭 Over 40 million Filipinos can now receive instant, zero-fee remittances in local currency from the EU and the UK through the #Bitcoin Lightning Network 🙌 🔥 Customers in the U.K. and Europe can now use CoinCorner’s Send Globally feature to send fiat to the Philippines after partnering with Pouch, a Lightning service provider based in the Southeast Asian country. Send Globally utilizes the Lightning Network to convert one fiat currency into bitcoin, which is then sent over the Lightning Network to a receiving entity which converts the bitcoin into another fiat currency, effectively making global payments instant.

BREAKING: 🇧🇷 Brazilian bill regulating use of #Bitcoin and crypto as payment becomes law 🙌 🔥 Brazilian President Jair Bolsonaro on Thursday morning signed a bill into law that establishes a complete regulatory framework for the trading and use of bitcoin in the country, according to the federal government’s official journal (DOU). President Bolsonaro enacted the bill approved by Congress without any modifications. As previously reported, the new rules recognize bitcoin as a digital representation of value that can be used as a means of payment and as an investment asset in the South American nation.

✨ Hal Finney on the future of #Bitcoin exactly 12 years ago

OFFICIAL: 🇺🇸 One of the largest #bitcoin miners in the US, Core Scientific, filed for bankruptcy this morning.

🔥 Ethereum (ETH): Are There Reasons to Worry About its Next Update? Soon after the arrival of the Merge, the cryptocurrency market is looking forward to the Shanghai update of Ethereum. Shanghai will bring fragmentation to increase network speed and reduce transfer rates. If developments go well, Shanghai is likely to hit the main altcoin network in March 2023. The massive sale that should occur with this update is the great fear of the crypto community. Funds of those who staked ETH at $610 will be released, so they might sell getting a 94% profit (Current ETH price: $1,187). Although, long-term investors should not make massive sales, since it’s very likely that ETH can hit 5k in the next bull run. If a situation occurs where sales are made and the price of Ethereum falls, the altcoin becomes more attractive for staking. Rewards will increase, and the entry price to earn income from holding the altcoin will be lower, encouraging more investors to join the proof-of-stake network.

• Bull-market major move broke down after 396 days. • Bear-market running 404 days so far... #Bitcoin 👀

This video of cops in Nevada searching a suspect and finding a seed phrase is pretty wild. Imagine having your seed phrase become part of public record due to it being captured by an officer's body camera! “I am a proponent of free choice. Feel free to hold your crypto anyway you wish. But learn the risks of each method. 🙏” - Binance CEO (CZ)

BREAKING: Visa dreams up plans to let you auto-pay bills from your crypto wallet 🔥 Self-custodial crypto wallets may one day be used to auto-pay recurring bills, such as a Netflix subscription or your water bills, according to the brains at Visa's crypto department.

🔥 China’s Zhejiang Province Building $28.5 Billion Metaverse Industry by 2025 The Zhejiang Province of China is setting in motion plans to construct a metaverse industry worth more than 200 billion Yuan by 2025. The South China Morning Post reported that the home of Alibaba is eyeing the development that would be worth $28.5 billion. The western province is the latest Chinese region to extend plans for a metaverse industry. The report noted that the concept was met with an enthusiastic reception by local authorities. All of which are participating in the developmental plans.

Fun Fact: 🔥 The entire 13+ year transaction history of the #bitcoin network fits on a $50 hard drive 💾

BREAKING: Elon Musk surprised everybody today by conducting a poll on Twitter, asking people if he should step down as the head of the social media giant. 📊 Musk also said that he would abide by the results of the poll. Well, the poll concluded with 57.5% wanting Musk to step down as Twitter’s boss. A total of 17.5 million people participated in the poll. - Ethereum (ETH) co-founder Vitalik Buterin said that he respected the move. ✊ - Binance CEO Changpeng Zhao (CZ) said, “no, stay the course.” 🙅‍♂️ - Meanwhile, Michael Saylor, the Bitcoin (BTC) maximalist, conducted his poll, which concluded with 82% saying the site got better under Musk’s leadership. 😨 📍 What do you think? 📍

The banks are running out of money Everything is fine 🚨🔥