Will the real “MicroStrategy of Asia” please step forward? Almost half of top 20 countries for crypto adoption are in Asia: Asia Express 2024 Source link
Day: December 19, 2024
SEC approves Hashdex and Franklin Templeton dual Bitcoin-Ethereum ETFs
Key Takeaways The SEC approved Hashdex and Franklin Templeton dual Bitcoin and Ethereum ETFs, enhancing institutional crypto access. Recent crypto market volatility saw Bitcoin drop below $96,000 and Ethereum fall to $3,440. Share this article The SEC has approved dual Bitcoin and Ethereum ETFs from Hashdex and Franklin Templeton, expanding institutional access to the two largest digital assets through spot-based investment vehicles. The approvals cover the Hashdex Nasdaq Crypto Index US ETF and the Franklin Templeton Crypto Index ETF. Franklin Templeton’s updated filing, submitted earlier today, received accelerated clearance due…
Crypto crash triggers $1 billion in leveraged liquidations over past 24 hours
Key Takeaways Turmoil gripped the crypto markets following the Fed’s surprisingly hawkish message after its rate cut decision. Despite the crash, Bitcoin has seen a 130% gain this year, while investors continue to accumulate. Share this article Leveraged liquidations across crypto assets surged to $1 billion following a brutal sell-off that sent Bitcoin tumbling below $96,000 on Thursday, according to Coinglass data. Long positions accounted for the vast majority of losses at approximately $878 million, compared to $160 million for short positions. Bitcoin rebounded above $97,000 at press time but…
Investor lawsuit filed against Hawk Tuah memecoin creators, partners
“The HAWK Token exhibits all the characteristics of an unregistered security under established legal precedent,” litigants claimed. Source link
A Bitcoin Reserve Act may end crypto’s 4-year boom-bust cycle
The Bitcoin Reserve Act could break the Halving cycle. Is this four year cycle going to play out differently, will we enter the mythical Supercycle? Source link
Is Bitcoin price going to crash again?
Bitcoin price fell into the $95,000 range, but data suggests the bulk of the correction could be over. Source link
Bitcoin Investors Are Now Up $67,000 On Average – And This Is Just The Start
According to Whale Alert, the average profit per BTC is at an all-time high of $67,088, at the time of writing. “The Potential Profit per Token graph shows the potential profit that holders could make per token if they sold at a specific time,” Whale Alert’s website explains. Whale Alert has further calculations on this metric that can be found here. To put this in perspective, this is more than the average American salary in 2024, which is $62,027. Imagine watching your savings grow and outperform your own yearly salary…
Doodles NFT collection teases potential token launch
Key Takeaways Doodles NFT collection’s floor price increased significantly following hints of a token launch. The potential token launch follows past collaborations with McDonald’s, Adidas, and Crocs, expanding Doodles beyond the crypto space. Share this article Doodles founder Burnt Toast has hinted at a potential token launch for the NFT collection in a post on X. take ownership, keep evolving new ideas, shape communities, open minds, inspire new growth pic.twitter.com/iEBabGfwh3 — burnt toast (@burnttoast) December 19, 2024 Founder Scott Martin, also known as Burnt Toast, posted a cryptic message on…
AI and account abstraction to fuel next-gen stablecoins — WeFi founder
The current stablecoin market cap is approximately $204 billion, but the sector remains highly centralized. Source link
Foundation Introduces Passport Prime: Bitcoin Wallet And Data Security Device
On Wednesday, December 19, 2024, Foundation announced the release of its newest device, the Passport Prime. Introducing Passport Prime – Your Personal Security Platform! We’re thrilled to present Passport Prime, the world’s first personal security platform designed to secure your Bitcoin and your entire digital life. Think: A Swiss Army Knife for your online security. pic.twitter.com/3HH2eG7vhU — FOUNDATION (@FOUNDATIONdvcs) December 18, 2024 The device offers a broad range of features that not only help users secure the keys to their bitcoin but other digital information, as well. Features For starters,…