U.Today has prepared a summary of the top three news stories over the weekend. SEC greenlights two crypto ETFs According to Nate Geraci’s X post from Friday, Dec. 20, the U.S. Securities and Exchange Commission (SEC) has approved two Bitcoin/Ether combo exchange-traded funds (ETFs) proposed by Hashdex and Franklin Templeton. As stated… Listen ⇢

The broader crypto market is slightly recovering after its market cap dropped from $3.77 trillion to $3.13 trillion between December 17th and 20th. Today, the crypto market cap stands at $3.31 trillion, but Hedera (HBAR) and Bitget (BGB) are some of the few tokens that stand out in a sea… Listen ⇢

Russian authorities reportedly plan to prohibit cryptocurrency mining in 10 regions and impose seasonal restrictions in three others beginning January 1, 2025, amid growing concerns over energy shortages. According to a new report from the state-controlled TASS, the complete ban will affect regions including Dagestan, Ingushetia, Kabardino-Balkaria, Karachay-Cherkessia, North Ossetia,… Listen ⇢

SHIB has been unable to go back above its short-moving average. Its burn rate has dropped after its spike. Shiba Inu [SHIB] has seen a dramatic spike in its burn rate, with data from Shibburn revealing a staggering 936.52% increase on the 23rd of December. Over 6.69 million SHIB tokens… Listen ⇢

AAVE, the native token that powers decentralized finance (DeFi) lending protocol Aave, has surged 12% in price over the past 24 hours. This rally follows a recent proposal to integrate a new Chainlink oracle. As of this writing, AAVE trades at $369.10 and is poised to reclaim its three-year high… Listen ⇢

Bitget saw a 683% increase in Gen Z users in November, marking a shift in crypto demographics following Donald Trump’s presidential election victory. Gen Z’s share of new users on the crypto exchange jumped from 26.2% in October to 53.8% by the end of November, reflecting heightened interest among younger… Listen ⇢

The latest investigation suggests that North Korean hackers, known as the TraderTraitor group, were behind the Japanese crypto exchange DMM Bitcoin hack. The TraderTraitor hackers reportedly have close ties with the infamous Lazarus Group. Back in May, the incident saw the exchange lose 4,502 Bitcoin, valued at $308 million. The… Listen ⇢

The US tax regulator, the Internal Revenue Service (IRS), has restated its stance on cryptocurrency staking, clarifying that rewards generated from staking activities are taxable as soon as they are received. The IRS added that staking rewards do not constitute new property, and are therefore subject to immediate taxation upon… Listen ⇢

Toncoin (TON) appears to have now entered a notable phase in its market cycle, presenting potential opportunities for investors. A recent analysis by CryptoQuant analyst Joao Wedson highlights that TON has moved into a favorable risk zone for accumulation, as indicated by the Normalized Risk Metric (NMR). This metric evaluates… Listen ⇢