🇸🇬🇨🇳 MAS Singapore announced new digital finance and capital markets initiatives aimed at expanding financial cooperation with China.
mas.gov.sg
mas.gov.sg
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👀 #BTC #ETF Discussions between the SEC and asset managers who have applied for spot BTC-ETFs have turned to key technical details, a sign the agency could soon approve the products, industry executives said.
Reuters.com
Reuters.com
🤝 #MATIC Indian company Flipkart is using L2 deployed by Polygon CDK to expand its web3 loyalty program.
twitter.com
twitter.com
💰 ZK platform SINDRI has completed a $5 million seed funding round led by Coinfund.
📊 #BTC K33 Research: If the current price rise marks the start of a new and prolonged bull market, the recovery will be significantly faster than in previous cycles.
The 2014-2016 bear market spent 1,178 days down from the November peak, and the 2017 bear market spent 1,092 days down from the December peak. The current drawdown lasted 757 days.
In no past cycle has institutional demand been comparable to the current one, with large financial institutions both participating in the space and openly vouching for BTC publicly.
US regulators have until January 10 to make their final verdict on ETFs, and the market is showing significant demand for risk accumulation ahead of expected launches.
The 2014-2016 bear market spent 1,178 days down from the November peak, and the 2017 bear market spent 1,092 days down from the December peak. The current drawdown lasted 757 days.
In no past cycle has institutional demand been comparable to the current one, with large financial institutions both participating in the space and openly vouching for BTC publicly.
US regulators have until January 10 to make their final verdict on ETFs, and the market is showing significant demand for risk accumulation ahead of expected launches.
👀 #BTC #ORDI Sotheby's auction house announces the first sale of the Bitcoin Ordinals collection.
decrypt.com
decrypt.com
👀 Coinbase-backed Xion is launching a testnet based on “generalized abstraction.”
theblock.com
theblock.com
🇺🇸 Initial Jobless Claims: 220 thousand (prog 222 thousand; pre 218 thousand)
👀 #ETH New stablecoin #GYD from Gyrscope launched on the Ethereum network after testing on Polygon. Venture capital companies Galaxy, Placeholder and Maven 11 invested in the project.
coindesk.com
coindesk.com
🤖 CryptoAttack 🇬🇧
📈👀 Phoenix Group shares rose 50% after raising $371 million in IPO in Abu Dhabi bloomberg.com
🤝⛏ Phoenix Group announced a contract with Whatsminer for the supply of mining equipment worth >$380 million.
globenewswire.com
globenewswire.com
💰 Babylon raised $18 million in a Series A round led by Polychain Capital and Hack VC.
theblock.com
theblock.com
🤖 CryptoAttack 🇬🇧
🍿👀 #BTC #BRC20 Bitcoin Core Developer Luke Dashjr: Ordinals are just a scam. twitter.com
🍿👀 #BTC #BRC20 William Kazarin, founder of Nostr Damus, declared in response to the Inscriptions controversy that Inscriptions disguises data as Bitcoin script program data, which is technically an exploit, Bitcoin is not used to store data. He expressed support for Luke's opinion that this is due to the functionality and decentralization of the Bitcoin network.