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MicroStrategy Joins Nasdaq 100 Index

According to Odaily, MicroStrategy Inc. (MSTR) has officially been included in the Nasdaq 100 Index. This development was announced by Bitcoin Magazine on the X platform, marking a significant milestone for the company.
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Binance Launchpool Introduces Bio Protocol (BIO): Start Farming on December 24

Binance announced Bio Protocol (BIO) as the 63rd project on Binance Launchpool. BIO is a curation and liquidity protocol for Decentralized Science (DeSci). Users can farm BIO tokens by locking BNB and FDUSD starting from 2024-12-24 00:00 (UTC).Key Details:Launchpool Token Farming:Farming Period: 2024-12-24 00:00 (UTC) to 2025-01-02 23:59 (UTC)Token Rewards: 99,600,000 BIO (3% of total genesis token supply)Supported Pools:Lock BNB: 84,660,000 BIO rewards (85% of total rewards)Lock FDUSD: 14,940,000 BIO rewards (15% of total rewards)Daily Reward Distribution:Total: 9,960,000 BIOBNB Pool: 8,466,000 BIOFDUSD Pool: 1,494,000 BIOToken Listing:Listing Date: 2025-01-03 10:00 (UTC)Trading Pairs: BIO/USDT, BIO/BNB, BIO/FDUSD, and BIO/TRYInitial Circulating Supply: 1,296,529,168 BIO (39.05% of total genesis supply)Token Information:Token Name: Bio Protocol (BIO)Max Supply: 3,320,000,000 BIO (subject to governance changes)Network: EthereumContract Address: 0xcb1592591996765Ec0eFc1f92599A19767ee5ffAFarming Participation:Complete Binance KYC to participate.Hourly Hard Cap per User:BNB Pool: 35,275 BIOFDUSD Pool: 6,225 BIOImportant Notes:Webpages for BNB and FDUSD pools, as well as a detailed BIO research report, will be available approximately 12 hours after this announcement.Beware of false advertising regarding BIO token availability before Binance’s official listing on 2025-01-03.
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Binance Futures Introduces HIVEUSDT Perpetual Contract With Up to 75x Leverage

Binance Futures announced the launch of the HIVEUSDT Perpetual Contract, offering traders the opportunity to leverage their positions up to 75x. Key Details:Contract Launch Time: 2024-12-23 at 11:30 (UTC)Leverage: Up to 75xSettlement Asset: USDTTrading Hours: 24/7Highlights:The introduction of the HIVEUSDT Perpetual Contract aligns with Binance’s commitment to diversifying its offerings and catering to advanced traders.High leverage provides an opportunity for traders to amplify their positions but also comes with increased risk. Traders are advised to employ robust risk management strategies.How to Get Started:Log in to your Binance account and navigate to the Futures trading section.Select the HIVEUSDT Perpetual Contract from the list of available trading pairs.Adjust your leverage preference up to 75x and commence trading.Important Notes:High-leverage trading carries significant risks. Please ensure you understand the implications and trade responsibly.The availability of the HIVEUSDT Perpetual Contract may vary depending on your region.
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Bitcoin's Potential for Long-Term Growth Supported by Strong Fundamentals

According to Odaily, despite potential short-term setbacks, Bitcoin's robust fundamentals and favorable MVRV score suggest a positive long-term outlook. Data from CoinGlass indicates that the Market Value to Realized Value (MVRV) metric shows Bitcoin remains undervalued, even after reaching a historic high last week. The MVRV-Z score has decreased from 3.3 to 2.84, with scores below 3.7 historically indicating undervaluation. This score, calculated by subtracting realized market value from market capitalization and dividing by standard deviation, is a key indicator of a token's market and relative value. In March of this year, Bitcoin's MVRV score was 3.03 during a significant adjustment, compared to 7 in January 2021. This suggests a potential strong recovery for Bitcoin in the coming weeks. Additionally, Bitcoin's fundamentals remain strong, with the circulating supply dropping to a multi-year low of 2.24 million BTC. In September, over 2.72 million BTC were held in exchanges, indicating a trend of investors purchasing and storing Bitcoin in self-custody wallets, with some accumulating ETF shares. Another potential catalyst for Bitcoin is the increase in stablecoin market capitalization, which has surged from $122 billion a year ago to nearly $210 billion. Meanwhile, Bitcoin's annual inflation rate has steadily decreased from a peak of nearly 12% in 2015 to 1.12%, driven by halving events and increased mining difficulty.
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Botswana Central Bank Highlights Minimal Crypto Risks But Calls For Regulation

According to Cointelegraph, Botswana's central bank has assessed the country's local cryptocurrency markets as underdeveloped, resulting in minimal risks to financial stability. Despite this, the bank emphasizes the need for regulatory measures to mitigate potential future risks associated with digital assets. In its Financial Stability Report, the central bank highlighted the growing interconnectedness of the cryptocurrency market with the broader financial system, which could pose systemic risks. Systemic risk refers to a chain reaction of failures within the financial system that could lead to an economic downturn. While the current impact of cryptocurrencies on Botswana's financial stability is minimal, the bank stresses the importance of establishing oversight frameworks to address potential future challenges. The Bank of Botswana stated, "Domestically, risks emanating from crypto assets are minimal but ongoing misconduct in the segment presents regulatory concerns. Regulators therefore need to develop effective oversight frameworks for the sector." The report also noted that Botswana's virtual asset markets are still in the developmental stage and are relatively unsophisticated, which limits their impact on financial stability. Additionally, the central bank pointed out that risks from financial technology, in general, are currently minimal but could increase as technological innovations become more prevalent in local markets. While cryptocurrencies do not pose a direct threat to financial stability, the Bank of Botswana identified the use of digital payment instruments for money laundering and terrorist financing as one of the top national security risks stemming from the financial sector. The bank noted, "The evolution of digital platforms and digital payment instruments that promote anonymity of transactions present an opportunity for money laundering in the financial sector." The complexity of financial technology developments allows illicit funds to be transferred globally with low detection risks. To address these concerns, the central bank urged regulators to ensure that virtual asset service providers, such as cryptocurrency exchanges, comply with Anti-Money Laundering (AML) and Counter Financing of Terrorism (CFT) regulations. The bank also recommended enhanced market surveillance and frequent collaboration with law enforcement agencies to detect and prevent illegal activities.
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Binance Pool Launches Merged Mining for Junkcoin (JKC) and Pepecoin (PEP)

Binance Pool has expanded its offerings by officially introducing merged mining for Junkcoin (JKC) and Pepecoin (PEP). This update enables miners to mine Litecoin (LTC) while earning additional rewards in LTC, DOGE (Doge), BELLS (Bellscoin), LKY (Luckycoin), JKC, and PEP simultaneously.How to Start Merged Mining:Log In and Register: Use your verified Binance account to register for a Binance Pool account.Mine Litecoin (LTC): Follow the detailed steps in the Binance FAQ on Litecoin Mining.Add an External Wallet: Configure your payout address using the Binance FAQ guide.Monitor Your Performance:Check hashrates via [Workers].Track earnings through [Earnings].Key Details About Merged Mining:Eligibility for VIP Status: Users with a qualifying hashrate can apply for VIP benefits by contacting poolvip@binance.com.Non-Listed Tokens: JKC, PEP, BELLS, and LKY are not currently tradable on Binance.com. Mining these tokens does not guarantee future listing on the exchange.Payout Thresholds:Minimum payouts: 1 BELLS, 5 JKC, 1 LKY, and 20,000 PEP.Payout addresses must be configured for respective tokens to accumulate rewards.Earnings Independence: LTC earnings are separate and unaffected by earnings from DOGE, BELLS, LKY, JKC, and PEP.Important Notes for Users:Ensure your payout wallet supports the specific tokens to avoid potential loss of rewards.Earnings below the minimum payout thresholds will remain in users’ balances until thresholds are met.
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