North Dakota Takes First Steps Towards State Bitcoin Reserve

MicroStrategy's Bitcoin investment led to its inclusion in the Nasdaq-100 index, but S&P 500 membership is unlikely due to profitability requirements. A potential rule change could value Bitcoin holdings at fair market value, aligning reported earnings with market performance.

David Schwartz, Ripple's CTO, warned of potential price volatility for RLUSD, Ripple's stablecoin, due to initial supply shortages. Despite bids valuing RLUSD at $1,244, Schwartz assured the price would stabilize around $1.

Bitcoin surged past $105,000 due to market anticipation of the Federal Reserve's expected interest rate cut, with analysts viewing it as confirmation rather than a catalyst. The crypto's yearly advance exceeded 140%, driven by various factors like the recent U.S. election outcome and spot ETF inflows.

Bitcoin has surged to a new high above $104,900, up 3.5% in a day, with a record price of $105,004. The broader crypto market has seen significant gains following Trump's presidential victory, with potential policy changes on the horizon.

MicroStrategy has officially joined the Nasdaq 100, solidifying its position among top companies. The company's stock rose 0.57% in after-hours trading following the announcement, now trading at $411.00. The company holds the largest Bitcoin corporate reserve treasury in the world, with over $42 billion worth of the leading cryptocurrency.

Tomarket, a Telegram game with 50 million users, will launch its TOMA token on Aptos instead of TON. The token will be airdropped to players meeting specific in-game criteria, with plans to expand offerings post-launch.

TapSwap will launch its TAPS token on The Open Network (TON) with an airdrop for players in January 2025. TAPS will be crucial for tournaments, staking rewards, and governance within the TapSwap ecosystem. Players' engagement will determine eligibility for the airdrop.

A Japanese lawmaker has submitted a formal request to discuss the possibility of launching a national Bitcoin reserve in the country. This initiative follows similar calls by lawmakers in Russia, Brazil, Poland, and the U.S., as Bitcoin's price reached a new all-time high. The proposal is expected to garner support in Japan's legislature, despite the small political party affiliation of the member who introduced it.

Gunzilla Games, in partnership with Delphi Ventures, is establishing the GUNZ Foundation to oversee the launch of the GUN token and GUNZ mainnet. The game Off the Grid has received positive feedback for its unique gameplay involving robotic limbs and battle royale elements. GUNZ, built on Avalanche L1 tech, is currently running in testnet form.

Pudgy Penguins, a popular Ethereum NFT project, is launching its ecosystem token PENGU on Solana with a total supply of 88.88 billion tokens. The token distribution includes allocations for community members, employees, and the parent company, Igloo Inc.