🆕Overview of the crypto market 24h: Powell compares Bitcoin with gold
⏰Monday, December 09, 2024
♨️Overview:
Bitcoin had a weekend trading session with little volatility, sideways in a small range. The highlight of the past weekend likely came from Elon Musk's tweet that refreshed the memecoin market. Donald Trump stated that he chose venture capitalist David Sacks of Craft Ventures LLC as an expert on AI and crypto, a newly established position to emphasize the president-elect's intention to promote two rapidly growing industries.
On a macro level, this week will have important news from the Non-farm payroll report and the unemployment rate in the U.S.
♨️ETF Updating (06/12/24):
💰Bitcoin Spot ETF: 🟢$376M
🔹Ethereum Spot ETF: 🟢$83.8M
🎯Highlights of the week:
▪️Wednesday: U.S. announces Core CPI, CPI; Canada announces interest rates
▪️Thursday: EU announces interest rates; U.S. announces PPI
▪️Friday: U.K. announces GDP
❇️Top Gainers/Losers:
🟢$XMR 10% 🔴$WIF 5%
🟢$DYDX 9% 🔴$JUP 3%
🟢$MNT 8% 🔴$BGB 3%
🆕Hot News:
-👉UnchainedCrypto
- Former CEO of Celsius Mashinsky pleads guilty in U.S. fraud case👉Bloomberg
- Michael Saylor proposes that the U.S. government sell gold to buy Bitcoin reserves👉CoinTelegraph
- FCA of the U.K. bans Pump Fun👉FCA
- Spexi, the DePIN (Drone imagery) platform raised $11.5M in Series A round led by Blockchange Ventures👉Blockwork
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