Daily Quotes (10:30 am, December 18, 2024)
ChainDD's market data on December 18 shows that the combined DD index and CoinMarketCap quotes are:
BTC was at $105,502.40, down about 0.91% in 24 hours;
ETH was at $3,872.65, down about 3.27% in 24 hours;
BNB was at $716.88, down about 0.51% in 24 hours;
DOT was at $8.47, up about 3.22% in 24 hours;
DOGE was trading at $0.3923, down about 2.26% in 24 hours.
Cryptocurrency News
Yesterday, the U.S. Bitcoin spot ETF had a net inflow of $496.48 million, continuing its 14th day of net inflow
According to Farside Investors data, the U.S. Bitcoin spot ETF had a net inflow of US$496.48 million yesterday, marking the 14th consecutive trading day of net inflows.
The asset management scale of North American gold ETF reached 140 billion US dollars in 20 years, while Bitcoin ETF took only 340 days
Trader T analyzed that the asset management scale of North American gold ETF reached 140 billion US dollars in 20 years, while Bitcoin ETF reached this milestone in just 340 days.
Yesterday, Vetle Lunde, head of research at K33, said, "In the United States, the assets under management of Bitcoin ETFs ($129.3 billion) have exceeded those of gold ETFs ($128.9 billion). Although gold had a 20-year head start, it has now been overtaken."
Yesterday, Grayscale GBTC had a net outflow of US$84.7 million, and Bitwise BITB had a net outflow of US$24.4 million
According to Farside Investors data, Grayscale GBTC had a net outflow of $84.7 million yesterday, and BTC had a net inflow of $3.8 million; Grayscale ETHE had no inflow/outflow, and ETH had a net inflow of $4.5 million. Bitwise BITB had a net outflow of $24.4 million, and ETHW had no inflow/outflow.
Coinbase: Delisting wBTC due to unacceptable risks posed by Justin Sun
According to CoinDesk, Coinbase (COIN.O) said that Coinbase will delist wBTC because Justin Sun will bring "unacceptable risks."
Last week, BiT Global, the issuer of wBTC, filed a wide-ranging lawsuit accusing Coinbase of improperly favoring its competitor cbBTC. But in a 25-page response, Coinbase said the decision was related to crypto billionaire Justin Sun, the founder of the Tron blockchain, who has also been accused of fraud and market manipulation in the United States.
According to Coinbase’s filing, Sun is connected to wBTC through a partnership announced in August. “Given Sun’s involvement, Coinbase, like many others in the industry, has serious questions about whether BiT can be a reliable steward,” Coinbase said.
Fox reporter: Incoming "crypto czar" David Sacks will meet with members of Congress on Capitol Hill this week
According to Fox Business reporter Eleanor Terrett's post on X platform, incoming encryption and artificial intelligence czar David Sacks will meet with members of Congress on Capitol Hill this week, and Speaker Mike Johnson said he looks forward to meeting with Sacks and Trump's nominee for FBI Director Kash Patel.
Bitcoin Policy Institute drafts executive order to designate Bitcoin as a strategic reserve asset
A public document shows that the Bitcoin Policy Institute has drafted an executive order aimed at "designating Bitcoin as a strategic reserve asset," which only needs to be signed by Trump on the first day of his inauguration to take effect.
