The crypto market responded positively to the FASB announcement, with Bitcoin’s price rising over 4.12% to $42,979 following the guidance release.
Bitwise has published 10 predictions for the crypto industry in 2024, including a fall in Ethereum transaction cost and the approval of Bitcoin ETFs.
With yesterday’s historic high, the Dow Jones extends its Q4 rally to more than 10%. On the other hand, the technology sector also makes a fresh all-time high.
Cardano’s DeFi total-value-locked crosses a significant $450 million with its native stablecoin Djed contributing a significant portion. Smaller protocols like LendFi and Spectrum Finance recorded an impressive 90% surge in TVL.
DTCC data shows that the Wise Origin Bitcoin FD SHS is listed under the ticker BITB. Bitwise joins BlackRock, Invesco Galaxy, and Fidelity on the DTCC’s list.
The Santa Claus rally in the crypto market is likely to continue with analysts expecting the Bitcoin price to touch $48,000 during pre-spot ETF approval.
The Champions Tactics game itself will launch on Oasys, a separate chain from that of the Warlords NFTs – Ethereum.
Goldman believes that the Fed could begin rate cuts from the first quarter of next year as inflation hopefully falls.
The first reports said the SEC gave the green light but did not say “ETF”. This made people wonder if it was really an approval for a Bitcoin exchange-traded fund.
Coinbase said the launch of the international digital asset trading platform is part of its move for global expansion driven by regulatory uncertainties in the United States.
With the US inflation having eased without significant unemployment, the Fed unanimously agreed to hold the borrowing rate between 5.25 and 5.5 percent for the third consecutive time.
JPMorgan chosen Amazon and Alphabet stocks as the most probable front-runners for 2024.
Buterin believes the enshrined zkEVM method, which returnes functions to L1, is the next course of action as “light clients” get stronger.
Riding in its current wave of success, Worldcoin has decided to spread its tentacles. Presently, the company is looking at expanding to Mexico and Singapore.
SpaceX is now one of the most valuable private companies in the world with a scalable business in the Starlink satellite internet sector among others.