Bitcoin Could Retract to $36K Before Uptrend Resumes, QCP Capital Says
In a recent note, the Singapore-based investment fund said expects topside resistance for bitcoin in the $45k-$48.5K region.
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Vladimir Putin’s Signature Brings Digital Ruble Into Russia’s Tax Code
Russia’s digital ruble has been integrated into the nation’s tax code after its President Vladimir Putin signed the move into law.
The Sandbox Aims to Make India Its Largest Market
Metaverse platform The Sandbox is aiming to make India its largest market within the coming 24 months.
Protocol Village: Bitfinex Securities Announces First Tokenized Bond on Liquid Network
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Dec 21-Jan. 3. (EDITOR’S NOTE: We will be taking much-needed time off around the end of the year, so updates will be less frequent. Happy holidays!)
The Protocol: Blockchain Tech Predictions for 2024, Er… Best Guesses
Why not try? At least? Check out The Protocol’s FIRST ANNUAL list of blockchain tech predictions for the coming year. ALSO: Ledger hack sows DeFi discord while Ordinals “NFTs on Bitcoin” activity produces Bitcoin fee spike and a lucrative surprise at Sotheby’s.
Judge Denies Sam Bankman-Fried Request for a Longer Sentencing Process
Bankman-Fried’s defense team asked for a four to six week extension for his sentencing scheduled in late March, citing a possible second trial that may begin earlier in the month.
UK to Cooperate With Crypto Industry on Legislation for Digital Securities
The government said its plans for a digital securities sandbox (DSS) were largely welcomed by respondents.
Solana Leapfrogs XRP as Fifth-Largest Crypto, Spurred by Meme Coin Mania
Solana has overtaken XRP as the fifth-largest cryptocurrency, with its market cap hitting a 20-month high of $33.7 billion, according to CoinMarketCap.
Celestia Rival Avail Inks Agreement With Starkware as Blockchain Data Race Heats Up
Avail’s new “data availability” solution, currently in testing, and Madara, which is Starkware’s sequencer, are both expected to go live in early 2024. They might be used in conjunction to create new application chains or “appchains.”
South Korea’s Financial Regulations Chief to Meet SEC Chairman Gensler Next Month: Report
The two aim to strengthen cooperation on crypto regulations before South Korea’s new crypto laws go into effect next year.