TOP 5 Gainers Coins
| Indices | LTP | Change (%) |
|---|---|---|
| Bitcoin SV | $84.16 | 52.57% |
| Aave | $124.73 | 24.28% |
| Abritrum | $1.58 | 20.91% |
| XDC Network | $0.05708 | 18.76% |
| Lido DAO | $2.82 | 18.09% |
Bitcoin miner Marathon Digital's stocks lead U.S. mid and large-cap trading volumes, surpassing Tesla, Apple, and Amazon. The surge precedes an expected spot Bitcoin ETF approval in January. Marathon's 105 million shares traded in 24 hours outpace major blue-chip stocks. Bitcoin miners, including Riot Platforms, see increased trading activity amid expansion efforts ahead of the ETF approval and Bitcoin halving. Marathon Digital and Riot Platforms have gained 767% and 452% year-to-date, outperforming Bitcoin's 163% growth in 2023.
Ethereum co-founder Vitalik Buterin proposes reducing the Ethereum blockchain load by lowering the required number of signatures for validators. He suggests a more manageable level, around 8,192 signatures per slot, aiming for technical simplification, increased quantum resistance, and improved accessibility for ordinary participants.
Former U.S. President Donald Trump has reportedly sold 1,075 Ethereum (ETH), valued at around $2.4 million, from his NFT collections. The sales were executed through transfers to Coinbase since December 8. Trump's Ethereum balance had peaked at $4 million before the selling spree, and the funds were generated from NFTs, including his "Mugshot Edition." Despite his previous criticism of cryptocurrencies, Trump continues to engage with the digital asset space, utilizing NFTs as part of his campaign for the 2024 election.
After being overshadowed by Solana, Ethereum (ETH) surged 8.9% in the last 24 hours, rekindling bullish sentiment. Analysts attribute the rally to recent altcoin performances and Michael Saylor's significant Bitcoin purchase. Pseudonymous trader Pentoshi set a bullish target for ETH at around $3,485. The ongoing Ethereum-Solana debate intensified as ETH gained 102% year-to-date, compared to Solana's impressive 951% gain.
Worldcoin has introduced identity verification services in Singapore, deploying iris-scanning orbs at five locations after a temporary pause in India. The project's expansion aims to steadily reach more countries, with 11 locations available globally. Launched in 2021, over five million people have created accounts using this identity verification system, representing approximately 0.06% of the world's population. Sam Altman, the creator of Worldcoin and CEO of OpenAI, faced a brief dismissal in November, leading to protests and his subsequent reinstatement after 12 days.
Bitcoin faces a $10.1 billion options expiry on Dec. 29, with call options holding an advantage. Bears aim to push the price below $42,000 to limit losses, but the potential approval of a spot Bitcoin ETF in January and evolving regulatory landscape could favor bullish outcomes.
MicroStrategy has acquired an additional 14,620 Bitcoin, worth $615.7 million, reinforcing its confidence in Bitcoin's long-term potential. The company's stock has surged 337% in 2023, outperforming major US firms, with 90% of its market cap directly tied to Bitcoin holdings. MicroStrategy's total Bitcoin holdings now stand at 189,150 BTC.
Also read - 24 Crypto Update, 27: BTC Steady, ETH Unleashes Unstoppable Momentum
