Within two months, the Solana-based decentralized exchange Raydium has outpaced the segment's flagship, Uniswap, in trading volume.

Raydium has become a major beneficiary of the boom in meme token trading, which go public after hitting the liquidity curve and create new pools on the platform.

#Raydium #Uniswap

Update: Today, Japan's second largest cryptocurrency exchange, Coincheck (headquartered in the Netherlands), will go public and list on NASDAQ. The company is merging with Thunder Bridge Capital through a SPAC deal announced two years ago.

Coincheck is the second cryptocurrency exchange to go public in the US, following Coinbase. Its implied capitalization is $1.3 billion.

#Coincheck #Nasdaq

✅ Update: Ripple's RLUSD stablecoin has received approval from the New York Department of Financial Services, said company CEO Brad Garlinghouse. Exchange and partner listings will take place in the near future, he specified.


#Ripple #RLUSD #stablecoins

👀 Goldman Sachs CEO David Solomon said that the Wall Street giant will become a participant in the cryptocurrency industry if regulation in the United States changes.

#GoldmanSachs

Stablecoins have surpassed all other types of assets in the crypto market in terms of adoption.

More than half (and up to 75%) of the total volume of transactions in blockchains in recent months has been accounted for by “stable” coins, Chainalysis said.

#stablecoins #Chainalysis

Bloomberg analyst Eric Balchunas expects MicroStrategy to be included in the Nasdaq 100 index by December 23. Its share could reach 0.47% as the 40th largest company. The index is monitored by ETFs worth $550 billion, Balchunas said.

Inclusion in the S&P 500 index is unlikely anytime soon due to profitability concerns, but changes in accounting rules related to Bitcoin's valuation could make MicroStrategy eligible for inclusion in 2025.

#MicroStrategy

📅 14 years have passed since the disappearance of Satoshi Nakamoto

On December 12, 2010, the creator of Bitcoin, known under the pseudonym Satoshi Nakamoto, left his last entry on the BitcoinTalk forum, dedicated to the problem of DoS attacks on the network.

Since then, he has never appeared online again.

#Satoshi

🔥 CryptoQuant: Bitcoin attracts $80 billion monthly.

Nearly half of the capital that has flowed into the Bitcoin market over the past 15 years has been added this year.

#CryptoQuant

Michael Saylor: MicroStrategy's main mission today is to connect TradFi with the crypto economy. And we will use Bitcoin as a tool.

#MicroStrategy

$BTC 📊 Friends, greetings! 🤝 Bitcoin continues to remain sideways, in consolidation, before entering a new driving wave 🌊 Locally, you can try a small long in order to catch a rebound or wait until it enters a new driving wave 👌

💰 Increased use of Bitcoin as a treasury asset by companies will lead to an expansion in the number of solutions for extracting income from cryptocurrency, CoinShares analysts said in their forecast for 2025.

Three main strategies include:

▫️increasing digital gold reserves relative to company shares;

▫️loans in bitcoins at interest;

▫️alternative ways to generate income, including using derivatives based on crypto reserves.

Experts are confident that the trend of players such as Ferrari, Amazon, Shopify, Nike or PayPal connecting payments in Bitcoin indicates the potential growth of corporate owners of crypto reserves in the coming year.


#CoinShares

👀 Congressman from Texas Giovanni Capriglione proposed that the local administration create a strategic Bitcoin reserve for the state. The assets will be stored there for at least five years without being sold. The fund will also allow Texans to donate to it themselves.

#USA #regulation

💪🏻 Pro-cryptocurrency US Congressman French Hill will take the position of head of the Financial Services Committee of the US House of Representatives.

He promised to investigate the facts of abuse of power during the groundless “debanking” of cryptocurrency companies.

#USA #regulation

⚡️In 2024, Binance users made deposits of $21.6 billion. The figure was 36% higher than the ten closest competitors together.

The exchange also achieved an all-time record of $100 trillion in trading volume since the platform launched.

According to CryptoQuant, the average Bitcoin deposit on cryptocurrency exchanges has increased this year from 0.36 BTC to 1.65 BTC. For USDT, the figure increased from $19,600 to $230,000.

#Binance #CryptoQuant

The Gate exchange has denied rumors circulating online about a hack.

#Gate

🐋 Institutional capital has a “multiplier effect” on Bitcoin: every $1 billion of inflows into BTC-ETFs pushes quotes up by 3-6%, according to a report from regulated crypto bank Sygnum.

Growing interest in the asset on the part of institutions creates the conditions for a “demand shock” in 2025. Analysts noted the preconditions for increased purchases by states, endowments and pension funds. An important reason for this will be the adoption of laws supporting cryptocurrencies in the United States. 


#ETF #Sygnum #research

$BTC 📊 Friends, greetings! 🤝 Bitcoin continues to move within the framework of our expectations 👌
I haven't changed anything on the chart yet. Still, after sideways trading, I expect the price to come out higher, in a new driving wave 🌊

$OP 📊 After catching a reversal in the area of ​​the yellow block, the asset showed dynamic growth by 87% 🔥🔥🔥< /b> At the moment, I expect the development of an intermediate correction in the fourth sub-section, after which I expect to see continued growth 👌