the most notable events on December 30, 2024!
Notable events:
$BTC - Spot BTC ETFs recorded a negative capital flow of 378 million USD last week. There were 3 sessions with net withdrawals over 200 million USD last week, partly due to investors tending to 'take profits' before the New Year as well as concerns following the hawkish speech by FED Chairman Jerome Powell at the end of December.
$ETH - Spot ETH ETFs raised 350 million USD last week with 4 sessions of positive capital flow. In contrast to BTC ETFs, ETH ETFs are receiving more attention from US investors after a rather difficult start.
Important information about other coins:
$BTC - According to analysts at Galaxy Digital, it is likely that the US government under Donald Trump will not purchase more Bitcoin in 2025.
$SOL - Volatility Shares submitted applications to establish 3 ETF funds based on futures contracts of the SOL token on exchanges regulated by the CFTC. If this proposal is approved, many experts expect this could be a stepping stone for Spot SOL ETFs to be listed in the US in 2025.
$HMSTR - The famous Tap to Earn game Hamster Kombat proposes to deploy on Layer 2 of the TON blockchain.
$LUNA - After a long period of 'consideration' between the US and South Korea, the Minister of Justice of Montenegro signed the decision to extradite Do Kwon (the founder of Luna) to the US. It is likely that Do Kwon will face much harsher sentences than if he were extradited to South Korea.
$USDT - While the Crypto community speculates that the stablecoin USDT will be delisted in Europe starting December 30, CEO of Tether, Ardoino, has denied this information.
$AAVE - The leading Lending platform on Ethereum, Aave, still wants to leave the Polygon network despite Polygon abandoning the controversial proposal for staking 1 billion USD worth of stablecoins. Previously, Lido also announced that it would stop providing staking services on this network.
The National Bank of Cambodia (NBC) allows the implementation of services related to backed crypto assets such as Stablecoins, however, it completely prohibits unbacked coins like Bitcoin.
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