Daily market report (10:05 AM, December 20, 2024)
ChainDD's market report on December 20 shows that the comprehensive market index and CoinMarketCap quotes:
BTC reported at 96,129.66 USD, down about 3.51% in 24 hours;
ETH reported at 3,392.12 USD, down about 5.69% in 24 hours;
BNB reported at 665.34 USD, down about 3.16% in 24 hours;
DOT reported at 7.04 USD, down about 5.50% in 24 hours;
DOGE reported at 0.3154 USD, down about 10.15%.
Cryptocurrency news.
The U.S. SEC approved the listing applications for Hashdex and Franklin Crypto Index ETFs.
Documents released by the U.S. Securities and Exchange Commission (SEC) show that it has approved the listing applications for Hashdex Nasdaq Crypto Index US ETF and Franklin Crypto Index ETF. These two ETFs will hold both bitcoin and ethereum spot assets, with allocation ratios determined based on freely circulating market capitalization, and will trade on the NASDAQ and Cboe BZX exchanges.
The SEC noted in its approval documents that the CME bitcoin and ethereum futures markets are highly correlated with the spot markets, and the comprehensive regulatory sharing agreement between NASDAQ and Cboe BZX and the CME can effectively monitor and prevent market manipulation. Both ETFs must comply with strict information disclosure requirements, including updating the fund's reference net asset value every 15 seconds and publishing net asset value information on the exchange's website.
El Salvador Bitcoin Office: BTC worth 1 million USD has been transferred to strategic reserves.
The El Salvador Bitcoin Office announced on platform X that it has transferred BTC worth 1 million USD to El Salvador's strategic bitcoin reserves.
Earlier news reported that at 8:07 AM Beijing time, the Salvadoran wallet address purchased 11 bitcoins worth 1.07 million USD for its strategic bitcoin reserve.
Craig Wright, who claims to be Satoshi Nakamoto, was sentenced to 12 months in prison, with a two-year probation.
Craig Wright, the Australian scientist who claims to be Satoshi Nakamoto, was found in contempt of court and sentenced to 12 months in prison, with a two-year probation. It is reported that he appeared in court via video link, refused to disclose his exact location, but stated that he would appeal.
Previously, Wright initiated a £90 billion 'lawsuit' involving intellectual property. In March this year, a British judge ruled that Wright is not Satoshi Nakamoto. The Crypto Open Patent Alliance (COPA) first sued Wright in April, attempting to prevent him from claiming copyright over the Bitcoin whitepaper and database. During the trial, two key figures testified, including Adam Back, a pioneer of the bitcoin proof-of-work consensus system.
IMF responds to the status of bitcoin as legal tender in El Salvador: BTC use will be voluntary.
IMF spokesperson Kozak, when asked about the status of bitcoin as legal tender in El Salvador, stated that the use of bitcoin will be voluntary. He also noted that the U.S. labor market is cooling, inflation is higher than expected, but inflation is trending towards a target of 2%. Due to the high uncertainty surrounding the U.S. economic outlook, the Federal Reserve needs to adjust the pace and magnitude of interest rate cuts based on upcoming data.
IMF spokesperson: A comprehensive assessment will be conducted when Trump's U.S. strategic bitcoin reserve plan is implemented.
IMF spokesperson Kozak, when asked about the status of bitcoin as legal tender in El Salvador, stated that the use of bitcoin will be voluntary. He also noted that the U.S. labor market is cooling, inflation is higher than expected, but inflation is trending towards a target of 2%. Due to the high uncertainty surrounding the U.S. economic outlook, the Federal Reserve needs to adjust the pace and magnitude of interest rate cuts based on upcoming data.
The director of El Salvador's Bitcoin Office: BTC will continue as El Salvador's legal tender.
The director of El Salvador's Bitcoin Office stated that bitcoin will continue as El Salvador's legal tender. Following an agreement with the IMF, the official bitcoin wallet Chivo will be sold or discontinued.
Earlier news indicated that El Salvador will continue to purchase bitcoins, possibly at a faster rate, as part of its strategic reserves.
Grayscale: Grayscale Sui Trust has been opened to qualified investors.
Grayscale announced on platform X that the Grayscale Sui Trust has been opened to qualified investors, supporting these investors in gaining exposure to SUI.
