-
Promotion and Announcement
💭 ZA Bank Supports Over 80 Web3 Companies with Commercial Banking Services
ZA Bank announced that it has supported over 80 web3 companies since early this year. Aligning with its vision for “Banking for Web3,” which it introduced in April.
US dollar hits 4-month low as Bitcoin trader predicts 10% drop to come
Bitcoin stands to enjoy further relief if its standard relationship to DXY weakness holds firm, as the dollar shrinks on Fed "pivot" bets.
🇧🇷 Brazil Expansion Is “Central Focus” for Coinbase
The crypto exchange giant Coinbase says that Brazil has “become a central focus” in its “global growth strategy.”
💰 Wormhole Raises $225 Million at $2.5 Billion Valuation in 2023’s Largest Crypto Fundraise
Interoperable blockchain protocol Wormhole has achieved another significant milestone with a $225 million seed fund raised from a group of prominent investors in the crypto landscape.
😱🔥 Bitcoin Price Prediction as BTC Surges Above $38,000 for First Time Since May 2022 – Is $40,000 Next?
Trading at $37,790, marking a 1.25% increase on Saturday, emphasizing an average BTC price of $100,000 from 2024.
🤔 Global X’s Bitcoin ETF Decision Delayed by SEC, New Deadline Set – Here’s What You Need to Know
The US SEC has postponed its decisions on spot Bitcoin exchange-traded fund applications submitted by Global X and Franklin Templeton.
🌎 Finance Ministers from APEC Nations to Share Crypto Insights in San Francisco
The Asia-Pacific Economic Cooperation (APEC) summit has drawn global attention to discussions on regional economic cooperation, including crypto regulations.
🙌 Coinbase Rolls Out Bitcoin and ETH Futures for US Investors
Popular cryptocurrency exchange Coinbase has announced the launch of its native Bitcoin and Ethereum futures contracts for US retail traders.
🏆 Ripple Records 3 Million NFTs Minted on Its XRP Ledger – Adoption on the Rise?
Based on data from Bithomp, a total of 3,357,404 NFTs have been created using the XLS-20 standard. This brings the overall count of NFTs to 2,994,775, owned by 30,972 different individuals. The total number of NFT issuers has grown to 5,831, while 347,429 of these digital assets have been burned. In addition, there have been 1,403,970 transfers of NFTs, and there are currently 92,860 NFTs that can be sold for XRP.
🙌 Billionaire Mark Cuban: Crypto Needs a ‘Grandma-Friendly’ App to Thrive – Here’s the Latest
Billionaire investor Mark Cuban has stressed the need for a “grandma-friendly” crypto application that would attract widespread adoption.
📊📈 Litecoin Price Prediction as Bitcoin’s Rally Spurs 5% Spike for LTC: Are Investors Shifting Towards LTC?
The price of Litecoin (LTC) has dropped by 2% in the past 24 hours, with its fall to $68.57 erasing some of the gains it made during yesterday's market-wide rally.
Short recap 👇
✔️ LTC fell 2% to $68.57 in the last 24 hours after a market-wide rally.
✔️ However, it's up 10% in the past week and 7% in a month due to optimism around potential Bitcoin ETF approval.
✔️ LTC maintains a 30% gain over the past year, driven by the market's increasing momentum.
✔️ The relative strength index (purple) is currently above 60, suggesting potential for further increases.
🇦🇷 Argentina’s Central Bank Kicks off Efforts Toward Digital Peso Bill
Much has been said about the CBDC of Argentina recently following a suggestion by Economic Minister Sergio Massa to utilize the technology for fiscal growth.
📊📈 Bitcoin Cash Price Prediction as BCH Gains 10% and Extends Bull Run – What's Going On?
The Bitcoin Cash price rises, with its move representing a 1.5% gain in 24 hours and a 12% rise in a week.
Short recap 👇
✔️ Bitcoin Cash (BCH) registers a 1.5% gain in 24 hours and a 12% weekly rise.
✔️ Recent whale accumulation drives up BCH's trading volume from $70 million to nearly $500 million.
✔️ The altcoin has surged by 23% in a month and 142% since the year's start, showing strong momentum.
✔️ Bullish indicators like an RSI nearing 70 and a consistently above-average 30-day moving average point to strong buying pressure, though a potential peak may be approaching.
📈💭 Bitcoin Price Prediction as Daily Trading Volume Falls Below $5 Billion – What's Going On?
Bitcoin's trading volume has dropped below the $5b mark. As of Sunday, Bitcoin stands at $25,878, reflecting a minor dip of less than 0.10%.
🤔 Vitalik Buterin Offloads MakerDAO Holdings After CEO's Solana Blockchain Praise – What's Going On?
ETH co-founder Vitalik Buterin has offloaded his remaining stake in MakerDAO tokens after the co-founder praised the Solana blockchain.
🎄☃️❄️Guess what? It's only 5 days until Christmas! Get ready for the festive vibes, twinkling lights, and the joy that comes with the season. Wishing you a wonderful Christmas filled with warmth and happiness.
Merry Christmas in advance!
Best,
Bitenium Team❤️
🇰🇷 South Korea to Prioritize Innovation in Next Phase of Crypto Regulations
South Korea’s authorities have expressed a commitment to balance investor protection with fostering technological innovation in the next phase of crypto regulations.
📈 XRP Price Prediction as XRP Climbs 2% Amid Trading Volume Slump – Will XRP Continue Its Upward Trend?
Ripple’s XRP has painted a streak of resilience, climbing 2% in value amid a broader slump in trading volumes.
Short recap 👇
✔️ XRP is just shy of its pivot point of $0.61971, which serves as the immediate threshold for any bullish endeavor.
✔️ The 50-Day Exponential Moving Average, mapped at $0.59337, lies just below the current trading price, reinforcing a mild bullish inclination.
✔️ The Relative Strength Index, hovering around 56.72, leans towards a cautiously optimistic outlook but remains below the overbought threshold
🚨 Ex-Binance CEO Could Be Sentenced To 10 Years In Prison, According To DOJ
Binance founder Changpeng Zhao (CZ) could be sentenced to up to ten years in prison following his exchange’s historic legal settlement last week, according to a new filing from the Department of Justice.
🇹🇼 Taiwanese Crypto Trading Firm Suspends Operations Following $26 Million Hack
Taipei-based trading platform, Kronos Research, has suffered a cybersecurity breach, leading to a staggering $26 million loss in crypto assets.
🇰🇷 South Korea’s National Pension Fund Bought $20 Million Coinbase Stocks in Q3 2023
The National Pension Service of South Korea has acquired approximately $20 million worth of Coinbase stocks (COIN).
📈 “Sam Coins” Rally Ahead of Potential March Trial, FTX Reboot
A number of altcoins bankrolled by recently convicted FTX founder, Sam Bankman-Fried, appropriately dubbed “Sam coins,” have continued to rally this week ahead of his potential March trial.
💰 BillionAir ($AIRB) Emerges as the Dominant Player in the GambleFi Universe, Leaving Competitors in the Dust, Raising Over $6.3 Million in Pre-Sale
BillionAir raises $6.3 million. Solidifying its position in the online gambling industry.
🇺🇸 US Deputy Treasury Secretary Implies Some Crypto Firms Refuse to Stop Illegal Fund Movements
The US government is increasing its efforts to combat cryptocurrency criminal funding, especially in response to terrorist attacks in Israel.
🇭🇰 Hong Kong’s SFC Moves to Update Crypto Market Regulations Following New Market Developments
Hong Kong's SFC has announced plans to update its framework on cryptocurrency sales and requirements.
💠 Protocol Guild In For Big Pay Day From Ether ETF
VanEck has announced that it will donate 10% of all profits from its upcoming Ethereum futures exchange-traded fund to the Ethereum core developers for a period of ten years.
🏦📃 Deutsche Bank Partners Taurus to Offer Crypto Custody Services
Taurus has announced a partnership with Deutsche Bank to set up cryptocurrency custody alongside tokenized services for its clients.
🚀 Is It Too Late to Buy NEO? NEO Price Blasts Up 7% and Crypto Startup Launchpad Raises $1.6 Million – Fundraise Ends Today
NEO has blasted up +7% following Flamingo Finance's cross-chain integration with Ethereum and Ontology.
👏 Surging Adoptions, Unsupporting BUSDs, Winning Cases and 20 Crypto Jokes
This week in crypto: ETH stakers cap at 22% ownership, BTC booms in Argentina, Tether partners with Britannia Bank, Argo Blockchain cuts losses to $75M.