BTC at $34k, I can't wait to see it at $120. #BTChalfing #B

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BTC at $34k, I can't wait to see it at $120. #BTChalfing #BTC #bullrun #core

BTC at $34k, I can't wait to see it at $120.
#BTChalfing  
#BTC  
#bullrun  
#core  

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Phantom Wallet Now Supports Bitcoin, Ordinals, and BRC-20 Tokens : Self-custody crypto wallet Phantom has expanded its compatibility to include Bitcoin, Ordinals, and BRC-20 tokens, marking a milestone for Bitcoin backers. This move comes after Phantom added support for dApps and assets on Ethereum and Polygon. The addition of Bitcoin support highlights the increasing centrality of the Bitcoin network in the digital asset economy

SEC Demands Explicit Authorized Participant Parameters in Spot Bitcoin ETF Filings : As the January deadline to either approve, deny, or delay its decision on spot Bitcoin ETFs draws closer, the SEC is requiring potential issuers of spot Bitcoin ETFs to have explicit authorized participant parameters in their S-1 filings. This last hurdle may prevent some issuers from getting approval. The SEC wants to clearly define who can create and redeem shares of the ETF, as well as handle Bitcoin directly.

New Ethereum Layer 2 scaling network, Frame announces airdrop for Ethereum NFT traders : Frame, a novel Ethereum layer 2 scaling network for NFTs announced on Tuesday that it’ll be distributing its native FRAME tokens to crypto folks who have traded NFTs on Ethereum in the last 2 years. The airdrop size is determined based on the number of NFT trades, financial volume, and creator royalties paid. The tokens will initially be used for governance and control of the Frame Creator Fund, with plans to become tradable on secondary markets in the future.

BitMEX Founder Sells Solana to Acquire Ethereum. Driven by a positive outlook, Hayes expresses optimism for Ethereum, fueled by his deep admiration for co-founder Vitalik Buterin. He boldly foresees the potential for Ethereum to reach an impressive $5,000. Arthur Hayes, the visionary behind the well-established crypto platform BitMEX, has orchestrated a significant shift in his investment strategy. In a departure from his previous stance, Hayes has divested his holdings in Solana (SOL) and redirected his financial allegiance towards Ethereum (ETH). This strategic pivot, as narrated by Hayes, found its genesis in a profound meditation session that compelled him to reevaluate his investment portfolio, ultimately favoring Ethereum over Solana. Arthur Hayes Predicts Ethereum to Reach $5,000 Hayes, renowned for his insightful perspectives in the crypto domain, has long been an outspoken advocate for Ethereum, particularly applauding its successful transition to a proof-of-stake model. His positive outlook on Ethereum is further fueled by his admiration for Vitalik Buterin, the co-founder of the project, leading him to boldly predict that the price of ETH could ascend to $5,000. The crux of Hayes' support for Ethereum lies in his belief that the broader market has yet to fully grasp the magnitude of Ethereum's seamless transition. In his view, this transformative change positions Ethereum as a stalwart supporter of an emerging ecosystem, fostering innovative businesses and protocols. Contrastingly, Hayes had previously entertained speculation regarding Solana (SOL), suggesting a potential price surge nearing $100 during a bullish period for altcoins. However, his recent shift in holdings reflects a recalibration of perspective, acknowledging the capricious nature of the market and the imperative of strategic adaptability.

Hong Kong's financial regulators said they are willing to consider crypto ETF proposals, saying the digital currency industry has seen positive changes. In a joint notice issued on December 22, the Hong Kong Securities and Futures Commission (SFC) together with the Hong Kong Monetary Authority (HKMA) announced that they will begin reviewing the proposals. Export to the Cryptocurrency Exchange Fund from startup financial institutions. Both bodies emphasized that the cryptocurrency sector has undergone significant changes since 2018, when the SFC introduced regulations allowing only professional investors to participate in the crypto market. The emergence of cryptocurrencies in the traditional finance sector is opening up many opportunities, with major Wall Street firms considering launching Bitcoin Traded Funds. In addition, the SFC has issued a specific notice on the conditions that investment funds need to comply with to be allowed to invest in crypto ETF products through licensed cryptocurrency exchanges. However, the regulations of the Hong Kong Securities Commission are very serious, imposing many supervision and management mechanisms on both ETF issuers, ETF depository units and reference intermediaries. price for the product and the ETF listing exchange. Hong Kong is now emerging as one of the most open jurisdictions for cryptocurrencies in 2023. After they officially enacted a law governing crypto exchanges in June, officials here It also encourages banks to actively cooperate with crypto companies. In November, there were rumors that Hong Kong was preparing to allow individual investors to participate in cryptocurrency trading.

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