🎯 The #Solana blockchain has been in full euphoria for the past few days, with
$SOL surpassing $115 this weekend for the first time since April 2022.
Driven by a record trading volume, Solana vastly outperforms #BITCOIN and #Ethereum
🎄🎁 Season’s Greetings from #SWFT Blockchain! As we celebrate the joy and warmth of #Christmas, we want to thank our amazing community for your incredible support. May your holidays be filled with happiness and your crypto wallets with growth! Here's to a prosperous New Year! 🚀🎉
#MerryChristmas #MerryXmas
Let's take a look at the market news today - 25/12
Bitcoin retreats to $43,000, altcoins adjust to start the new week
The market concludes the year 2023 with a busy week amid a quiet holiday, with not many macroeconomic data points of note during this week.
Nigeria allows Crypto companies to open domestic bank accounts but still prohibits holding and trading Crypto
Crypto-holding companies in Japan from 2024 will no longer have to pay taxes even if they don't sell, but only when they make a profit from selling
Zhu Su wants to transfer the OX token of the OPNX exchange to Cosmos
After the success of Bitcoin Cats (1CAT), the community eagerly awaits the launch of BakerySwap's second Launchpad, BitLand (BLLB), on December 28.
#news #CryptoNews #cryptomarket
Due to the tremendous price movement that major tokens have shown this month, the #BRC20 coins have gotten a lot of traction recently. In addition, the price of the $ORDI has increased by more than 18% during the last day, suggesting a change in market trend.
For a short while, the price of the #ORDI coin fluctuated in a narrow band between $18.550 and $23.618, but then the market picked up steam and the price increased by more than 186%.
📈 Markets rally as #FederalReserve signals interest-rate cuts in 2024, sparking optimism amid easing inflation concerns. The S&P 500 and Dow Jones hit record highs, and global stocks see a sixth straight session of gains. #Apple Inc. soars, and Asian futures #trend upward. #Fed
International equities follow suit with European equity futures rising, and #stock indexes in Australia, #SouthKorea, and #HongKong gaining ground. #Japan is an exception, facing a decline as the yen strengthens. Investors await Bank of England and #ECB decisions for global cues.
💼 The Fed's dovish stance fuels a risk-on rally. Treasury yields sharply fall, with the 10-year yield dipping below 4% for the first time since August. Corporate bond spreads tighten, and global #bullish sentiment prevails. Investors expect a faster and sharper easing cycle.📉💹
#Dollar weakness prevails as falling Treasury yields impact the greenback. #Currencies like the yen, New Zealand and #Australian dollars rally. Asian equities look promising, with exceptions like #Japan dealing with yen strength. South Korean #won and Thai baht show notable gains
#WTI crude edges higher, hovering around $70. #BTC retreats to approximately $43K, and gold surpasses $2,000 per ounce after a 2.4% surge. The #Fed's dovish pivot shapes market dynamics, impacting various assets. Investors eye a flexible #PBOC in China amid the easing cycle.📉📈
Insight from Michael Saylor: $BTC
The upcoming #Bitcoin spot ETF is a game-changer on Wall Street. Here's why:
1️⃣ Historic Significance: Saylor believes it's the most significant development in 30 years.
2️⃣ Demand Shock: Anticipate a surge in demand for Bitcoin triggered by this new investment tool.
3️⃣ Bullish Outlook: Saylor predicts the ETF will propel Bitcoin into a bull market in the coming year.
#BitcoinETF #CryptoNews #BTC
$ETH $SOL
#ARKInvest Update:
Yesterday,
@CathieDWood firm adjusted its portfolio, trimming over 280,000 #Coinbase shares (approx. US$40 million) in flagship funds.
Notably, #ARKW Fund also parted with 45,864 shares of #Bitcoin Investment Trust ( #GBTC ).
Daily News 🗞 | December 20
• More than 20 countries have passed comprehensive crypto regulatory frameworks over the past year
• Google search volume for Solana surges 205% over past two months
• Avalanche burns $16.7M of $AVAX, 10 times more than the week before
• Circle launches $EURC on Solana
• BlackRock’s proposed $BTC ETF gets ticker named IBIT in latest filing
• FTX files revised proposal to end bankruptcy and return billions to creditors
#cryptonewstoday #PoloniexNEWS