Avalanche Foundation’s memecoin acquisition plan prompts 200% rally in meme token prices
Avalanche Foundation’s memecoin acquisition plan prompts 200% rally in meme token pricesAvalanche Foundation's intent to purchase memecoins have spurred the value of these assets on its blockchain.Happy Saturday!The global crypto market cap is $1.66 trillion, with a 24-hour volume of $52.79 billion. The price of Bitcoin is $42,428.83, and BTC market dominance is 50.0%. The price of Ethereum is $2,315.39, and ETH market dominance is 16.7%. The best-performing sector is Transportation, which gained 7%. The Crypto Fear & Greed Index is currently Greed (68). Top NewsAvalanche Foundation’s memecoin acquisition plan prompts 200% rally in meme token pricesAvalanche Foundation's intent to purchase memecoins have spurred the value of these assets on its blockchain. BlackRock names JPM, Jane Street as authorized participants for spot Bitcoin ETFValkyrie separately named Cantor Fitzgerald and Jane Street as filling that role. Bitfinex predicts crypto market cap will double to over $3T as it continues global expansion effortsBitfinex forecasts crypto market doubling driven by global adoption and optimistic Bitcoin cycle indicators. More NewsPancakeSwap community passes proposal to reduce token supply by 300MThe proposal, which closed on Dec. 29, garnered an overwhelming 97.88% approval rate from the voting community. U.S. drops plan to prosecute convicted SBF for over $100M in unlawful campaign donationsProsecutors argue a second trial would involve similar evidence as the first trial, and a speedy resolution is in the public's best interest. Coinbase says custodial arm has ‘extensively prepared’ for spot Bitcoin ETFCoinbase Custody has reportedly replaced its CEO as ETF approvals loom. Judge rejects CZ’s latest request to travel to the UAEU.S. courts have rejected CZ's latest motion seeking permission to travel to the UAE before his sentencing next year. |
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Ark raises concern over Coinbase concentration in Bitcoin ETF filings days before potential approval
Friday, December 29, 2023
An amended S1 filing also reduced possibility of in-kind transactions and revealed $1M cost of ETF launch.
Vitalik Buterin outlines new Ethereum PoS strategy for post-Shanghai era
Thursday, December 28, 2023
Buterin outlined a long-term vision for Ethereum's proof-of-stake system that would dramatically reduce the required number of validator signatures.
ETF anticipation fails to lift prices as market faces $220 million in liquidations
Wednesday, December 27, 2023
The crypto market saw over $220 million liquidated in past 24 hours.
Bitcoin post-Christmas dip under $43k triggers marketwide liquidation of $170M
Tuesday, December 26, 2023
BTC's price showed weakness during the past day despite the prevailing market optimism.
Crypto investment products see $103 million in inflows ahead of Bitcoin ETF
Monday, December 25, 2023
The anticipation of a spot Bitcoin ETF prompts further inflows, bringing the year-to-date flow to almost $2 billion..
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