The NFT market raking in $8.83 billion in sales last year, and that’s a slight bump from 2023’s $8.7 billion.
Pump.fun moves 120.000 SOL to Kraken
Solana’s meme launchpad, Pump Fun, has kicked off the New Year with a bang by transferring 120,000 SOL, worth about $22.88 million, to the Kraken exchange.
BlackRock’s Bitcoin ETF: A Milestone for Institutional Adoption
BlackRock’s Bitcoin ETF is poised to accelerate Bitcoin’s adoption by simplifying access for institutional investors, enhancing its legitimacy and facilitating mainstream acceptance.
By bridging traditional finance with cryptocurrency, the ETF is expected to stabilize Bitcoin’s market perception and potentially reduce price volatility.
The announcement has already generated significant positive sentiment, driving short-term price increases.
Long-term projections suggest sustained growth, with some forecasts placing Bitcoin’s value at $200,000 by 2025.
However, the trajectory will be influenced by regulatory developments, market dynamics, and broader economic conditions.
This ETF represents a pivotal step in Bitcoin’s integration into traditional investment portfolios, signaling a new era for institutional involvement in the cryptocurrency market.
Ryan Lee, Chief Analyst at Bitget Research
CFTC vs. Gemini, new date for the next trial
The legal drama between the U.S. Commodity Futures Trading Commission and Gemini Trust Company is getting a little more suspenseful, as a New York judge has decided to push back the trial date from January 13 to January 21, 2025.
Foundry pool refunds $777,000 after Bitcoin fee mistake
Foundry USA Pool has made headlines by returning 8.18 BTC transaction fee, worth about $777,000, that was accidentally overpaid. Well done, this is fair play!
Hong Kong considers adding Bitcoin to its national reserves
A Hong Kong legislator suggesting that the city should add Bitcoin to its national reserves.
Thank you for joining us – Happy New Year!
As we say goodbye to the new year, we want to thank you for staying with us in 2024.
