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Avalanche Foundation's intent to purchase memecoins have spurred the value of these assets on its blockchain.  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

	Forwarded this email? Subscribe here for more Avalanche Foundation’s memecoin acquisition plan prompts 200% rally in meme token prices Avalanche Foundation's intent to purchase memecoins have spurred the value of these assets on its blockchain. Dec 30   READ IN APP   Happy Saturday! The global crypto market cap is $1.66 trillion, with a 24-hour volume of $52.79 billion. The price of Bitcoin is $42,428.83, and BTC market dominance is 50.0%. The price of Ethereum is $2,315.39, and ETH market dominance is 16.7%. The best-performing sector is Transportation, which gained 7%. The Crypto Fear & Greed Index is currently Greed (68). Top News Avalanche Foundation’s memecoin acquisition plan prompts 200% rally in meme token prices Avalanche Foundation's intent to purchase memecoins have spurred the value of these assets on its blockchain. BlackRock names JPM, Jane Street as authorized participants for spot Bitcoin ETF Valkyrie separately named Cantor Fitzgerald and Jane Street as filling that role. Bitfinex predicts crypto market cap will double to over $3T as it continues global expansion efforts Bitfinex forecasts crypto market doubling driven by global adoption and optimistic Bitcoin cycle indicators. More News PancakeSwap community passes proposal to reduce token supply by 300M The proposal, which closed on Dec. 29, garnered an overwhelming 97.88% approval rate from the voting community. U.S. drops plan to prosecute convicted SBF for over $100M in unlawful campaign donations Prosecutors argue a second trial would involve similar evidence as the first trial, and a speedy resolution is in the public's best interest. Coinbase says custodial arm has ‘extensively prepared’ for spot Bitcoin ETF Coinbase Custody has reportedly replaced its CEO as ETF approvals loom. Judge rejects CZ’s latest request to travel to the UAE U.S. courts have rejected CZ's latest motion seeking permission to travel to the UAE before his sentencing next year. Questions? Get in touch with us here. Connect with us Telegram • Twitter • LinkedIn • YouTube • Instagram   Like Comment Restack   © 2023 Zenzio Incorporated 11010 Harbor Hill Dr NW, STE B405, Gig Harbor, WA 98332 Unsubscribe

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An amended S1 filing also reduced possibility of in-kind transactions and revealed $1M cost of ETF launch.  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

	Forwarded this email? Subscribe here for more Ark raises concern over Coinbase concentration in Bitcoin ETF filings days before potential approval An amended S1 filing also reduced possibility of in-kind transactions and revealed $1M cost of ETF launch. Dec 29   READ IN APP   Happy Friday! The global crypto market cap is $1.66 trillion, with a 24-hour volume of $66.25 billion. The price of Bitcoin is $42,288.63, and BTC market dominance is 49.9%. The price of Ethereum is $2,330.42, and ETH market dominance is 16.9%. The best-performing sector is Prediction, which gained 7%. The Crypto Fear & Greed Index is currently Greed (65). Top News Ark raises concern over Coinbase concentration in Bitcoin ETF filings days before potential approval An amended S1 filing also reduced possibility of in-kind transactions and revealed $1M cost of ETF launch. FTX faces backlash after proposed estimation of customers’ Bitcoin at $16k FTX debtors argue that its estimate reflects the "fair and reasonable" prices of these cryptocurrencies. Ex-Binance CEO Changpeng Zhao seeks to seal travel documents citing child’s medical privacy Ex-Binance CEO Changpeng Zhao seeks to privatize details of his travel plans in court amid legal battle over anti-money laundering practices. Latest Insights Bitcoin climbs the currency ranks, now 16th largest by market cap globally Financial markets on edge as Bitcoin spot ETF decision looms, ETF inflows surge The end-of-year decline in hash rate sparks debate over miner sell-offs Current Bitcoin cycle outpaces previous market trends while cautiously eyeing historical retracement risks More News China initiates crackdown on use of stablecoins in illegal forex trading China ups enforcement on stablecoin misuse for illicit forex conversion, with recent prosecutions underlining zero tolerance for violations. Terra wins one summary judgment in SEC case, but sold unregistered securities Terraform Labs scores mixed results in SEC case, securing one summary judgment while others confirm unregistered securities sales. Indian watchdog issues issues compliance notices to 9 crypto exchanges, seeks to block URLs The entities include major players like Binance, Kucoin, Gate.io, Bittrex, Bitstamp, MEXC Global, and Bitfinex and Huobi. Coinbase International sets perpetual futures leverage limit to 10x The company has also set a $90,000 notional limit across all positions. Vitalik wants Ethereum to be more ‘Cypherpunk’ hailing the social layer as its core USP Ethereum Co-Founder Vitalik Buterin raises issue that Ethereum has 'no single dominant narrative' devolving its original vision. Questions? Get in touch with us here. Connect with us Telegram • Twitter • LinkedIn • YouTube • Instagram   Like Comment Restack   © 2023 Zenzio Incorporated 11010 Harbor Hill Dr NW, STE B405, Gig Harbor, WA 98332 Unsubscribe

Bitcoin Bull Run Temporarily Halted as Altcoin Season Kicks In: This Week’s Crypto Recap

View in browser Weekly Crypto Market Update BTC $42,750| ETH $2,323 | XRP $0.62 | Total Market Cap: $1.75 Trillion  The past seven days saw the total cryptocurrency market capitalization increase by close to $20 billion, and it currently stands at $1.75 trillion. The interesting bit is that all of the gains come on the back of an increase in the altcoin market, rather than Bitcoin, which failed to perform as well. In fact, Bitcoin's price dropped by around 2.1% in the past week, trading at $42,750 at the time of this writing. Its dominance is down substantially, further adding to the premise of an ongoing altseason. And while the price struggled, BTC saw positive developments across other avenues. For example, the number of bitcoins that exited centralized exchanges on Wednesday this week exceeded $1.19 billion (28K BTC). For reference, the last time this number was higher was back on December 14th, 2022. Exchange outflows are usually perceived as positive for the market since they alleviate immediate selling pressure. Elsewhere, Bitcoin's total hashrate also skyrocketed to a new all-time high of 544 exahashes this week. Increasing hashrate means improved network security and greater involvement on behalf of miners. But enough about Bitcoin, let's have a look at the altcoin market. Read The Full Market Update Price Analysis Price Analysis of Ethereum, Cardano, Ripple, Solana, and Binance Coin This week, we take a closer look at Ethereum, Cardano, Ripple, Solana, and Binance Coin. For the full analysis, read more. MicroStrategy Buys $615M in BTC MicroStrategy has bought yet another $615 million worth of Bitcoin. Read more. Buterin Proposes Ways to Optimize Ethereum Vitalik Buterin has proposed a few ways to better the performance of Ethereum. Read more. 91 Maritza, Plovdiv Bulgaria You received this email because you signed up on our website or made a purchase from us. Unsubscribe