📰 Blockchain Morning Report - December 13, 2024 📷 Follow for exclusive insights into the latest developments in the crypto world, don't miss out.
1⃣ Market Dynamics
🌞Bitcoin ($BTC): Stabilizing above $100,000 with smooth fluctuations. BlackRock's IBIT pre-market trading volume is $60 million, with 38% of orders being active buy orders.
🌙Ethereum ($ETH): Price continues to rise, and the DeFi ecosystem is gaining momentum. CryptoQuant estimates that increased institutional demand could push Ethereum past $5,000.
🌟Solana ($SOL): Fluctuating in sync with Bitcoin. ElectricCapital reports that Solana attracted the most new crypto developers in 2024 and plans to go public on NASDAQ.
🎯BinanceCoin ($BNB): The trend seems to indicate that 'good news' is coming, possibly a new Launchpool.
2⃣ Industry Hotspots
🤯RealFlokiInu and Animoca Brands: $MONKY's opening market value reached $1.3 trillion, far exceeding the GDP of many countries.
💰Tether: Minted 1 billion USDT on Ethereum.
🚀Travala: Influenced by CZ, $AVA surged over 400% within half an hour.
💹PolyhedraZK: Its stablecoin has quietly risen for a month, stabilizing at $2.
💸EthenaLabs: New stablecoin USDtb expected to launch on December 16.
📊ElectricCapital Analysis: Solana attracting more new developers than Ethereum, with the fastest ecosystem growth.
3⃣ Industry Trends
🌟MegaETHLabs: Public fundraising completed on Echo, with investors secretly boosting it.
📊CryptoQuant: Binance's open contracts hit a record high of $11.7 billion.
📈U.S. Economy: Household wealth has reached a historic peak due to the stock market surge.
📋Consensys Survey: Emerging markets are leading in cryptocurrency adoption in 2024.
👀Trump: Plans to build a strategic cryptocurrency reserve to help the U.S. lead in the digital asset space, with similar plans in Texas.
📣U.S. Policy: Pro-crypto Congressman French Hill appointed as chairman of the Financial Services Committee; U.S. think tank NCPPR proposes that Amazon includes Bitcoin in its financial reserves.