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Bitcoinmagazine

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Don't Fall for the Bitcoin Crash – It's Just a Breather

  • The recent dip in Bitcoin price is nothing to worry about.
  • The comments from the Fed Chair about Bitcoin policy are irrelevant.
  • Dips like this are normal and healthy in a bull market.
  • Opportunities for Bitcoin growth are expected in the coming years.

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Bitcoinmagazine

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The IMF Just Improved El Salvador’s Bitcoin Law

  • The IMF has reached a $1.4 billion loan deal with El Salvador.
  • As part of the deal, El Salvador has removed certain pro-Bitcoin policies.
  • Merchants will no longer be obligated to accept Bitcoin.
  • El Salvador will wind down operations of its Chivo wallet.

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Coindoo

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Bybit x Block Scholes Crypto Derivatives Report: BTC at All-Time High, ETH Options Signal Momentum

  • Bybit, the world’s second-largest cryptocurrency exchange, released its latest crypto derivatives analytics report in collaboration with Block Scholes.
  • Bitcoin (BTC) surges to an all-time high, but derivatives markets show cautious optimism.
  • Ethereum (ETH) options market indicates bullish sentiment.
  • Bybit Research suggests a cautious approach in the derivatives market despite BTC's record-breaking price.

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Coindoo

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Bety.com Introduces Blockchain-Powered Transparency and Fairness to Online Gaming

  • BETY.com is integrating blockchain technology and hash algorithms to enhance transparency and fairness in online gaming.
  • The platform ensures decentralization and immutability by storing game data and betting records securely on the blockchain.
  • BETY.com utilizes smart contracts for automatic settlement, improving operational efficiency and eliminating human interference.
  • Through hash algorithms, players can independently verify game results, reinforcing the platform's credibility.

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Bitcoinmagazine

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Human Rights Foundation Donates 700,000,000 Satoshis To Fund Bitcoin Development And Projects

  • The Human Rights Foundation (HRF) has announced the latest recipients of its Bitcoin Development Fund grants.
  • The grants worth 7 BTC which are currently worth around $706,000 have been given to 20 different projects from across the globe.
  • The grantees include independent media outlets, focuses on technical education for people living under authoritarian regimes, projects decentralizing mining, and more private financial solutions for human rights groups.
  • The grants will mainly focus on regions in Latin America, Asia, and Africa.
  • Recipients include Naiyoma, the first female Bitcoin Core developer from Africa and Tomatech, a community dedicated to building a team of developers in India to advance Bitcoin infrastructure.
  • Other projects that have received funding include No BS Bitcoin, Tando, Unify, YakiHonne, and more.
  • The Human Rights Foundation is a nonpartisan, nonprofit 501(c)(3) organization that promotes and protects human rights globally, with a focus on closed societies.
  • The HRF continues to raise support for the Bitcoin Development Fund.
  • Applications for grant support by the HRF can be submitted here.
  • All these grants aim to strengthen the Bitcoin network and empower marginalized communities to achieve financial sovereignty through self-custody.

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Financemagnates

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Bitcoin Miners Expand Holdings: Hut 8's Reserve Tops $1 Billion

  • Hut 8, a prominent player in North America's Bitcoin mining sector, has boosted its Bitcoin reserves amid the current crypto bull market.
  • A $100 million Bitcoin purchase has pushed the company's reserve to 10,096 coins, valued at over $1 billion as of today (Thursday).
  • The company's reserve was built through a mix of low-cost production and timely market purchases, achieving an average acquisition cost of $24,484 per Bitcoin.
  • Hut 8's Bitcoin reserve supports key growth initiatives, including upgrading mining fleets and developing energy and digital infrastructure.

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Changelly

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Celebrate the Holidays with Changelly’s “Crypto-Giving Christmas” Campaign

  • Changelly is hosting a "Crypto-Giving Christmas" campaign to share the joy of crypto with loved ones.
  • From now until December 25, users can send crypto gifts without service fees using the promo code CRYPTOHUGS.
  • Participants also have a chance to win one of 10 Trezor hardware wallets.
  • Changelly is a global crypto exchange platform with over 7 million users worldwide.

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Cryptoslate

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Bitwise CIO downplays price ‘hiccup’ amid Bitcoin bull trend after FOMC shakes markets

  • Bitcoin's price experienced a pullback following the US Federal Reserve's rate cut, triggering market reactions.
  • Bitwise CIO remains optimistic about Bitcoin's long-term trajectory.
  • Bitcoin's fundamentals are strong with growing institutional adoption and pro-crypto policy shifts.
  • Despite short-term fluctuations, Bitcoin is expected to continue its multi-year upward trend.

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Cryptoticker

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Is an Ethereum Price Crash Imminent?

  • Ethereum price is under pressure, struggling to reclaim $4,000 level.
  • Investor sentiment toward Ethereum is at a 1-year low.
  • Technical analysis indicates bearish signs for ETH, with key support levels at $3,550 and $3,500.
  • Ethereum's performance may be influenced by the broader altcoin market and altcoin season.

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Cryptoslate

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El Salvador agrees to scale back Bitcoin policies for $1.4 billion IMF loan

  • El Salvador has agreed to adjust its Bitcoin policies as part of a $1.4 billion loan arrangement with the International Monetary Fund (IMF).
  • The loan deal requires El Salvador to scale back some of its Bitcoin-related activities.
  • Bitcoin acceptance by private businesses will become voluntary rather than mandatory.
  • Public sector engagement in Bitcoin-related activities will be reduced, and tax payments will only be accepted in US dollars.

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Cryptoslate

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Bitget Announces Strategic Collaboration with the TRON Blockchain including the Acquisition of $10M of TRX

  • Bitget, a leading cryptocurrency exchange and Web3 company, has announced a strategic collaboration with the TRON blockchain.
  • As part of the collaboration, Bitget has acquired $10M worth of TRX, the utility token of TRON.
  • The collaboration aims to expand TRON's global network within the blockchain ecosystem, including CEX, DeFi, and other decentralized applications.
  • The strategic collaboration reflects the shared vision of both parties to make blockchain technology more accessible and cost-effective for users worldwide.

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Coindoo

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Mantle Network Advances Technical Roadmap As The First ZK Validity Rollup with Succinct’s SP1

  • Mantle Network has established an industry-first alliance with Succinct and moved to a zero-knowledge (ZK) validity rollup. The move will enable institutional-grade settlement and value transfer in the crypto ecosystem.
  • Since its inception in July 2023, Mantle Network has grown to become a top 5 L2 by total value locked (TVL) with $2.2 billion. The network has processed 175 million on-chain transactions, and seen 1.4 million smart contracts deployed.
  • With the testnet launch in Q1 2025, Mantle Network will move from an optimistic rollup model to a ZK validity rollup through Succinct’s SP1. Mantle Network transactions will be verified to be correctly sequenced and settled, allowing for greater security.
  • The integration of ZK validity rollup technology reduces chain finality from seven days to one hour, enabling fast institutional-grade asset settlements that support and address capital efficiency opportunities throughout traditional finance and the blockchain industry.
  • The advancement reaffirms Mantle Network’s alignment with Ethereum’s security ethos while laying the groundwork for cross-rollup interoperability at scale through ZK proofs.
  • Mantle Network's integration of Succinct’s SP1 provides standardization that addresses Ethereum’s existing challenges enabling a more cohesive ecosystem with seamless asset and information flows for developers and users.
  • With the strategic integration of SP1, Mantle allows efficient and unparalleled high-value transactions with 24/7 settlements at the cost of just a few cents.
  • Mantle Network’s integration of ZK validity rollup technology will provide crucial next-generation technical infrastructure to support and amplify secure growth of high-value asset settlements.
  • The integration of ZK validity proofs can allow Mantle's flagship assets to proliferate across the wider decentralized finance (DeFi) domain, improving swap market spreads, lower slippage, deeper money markets, and broader asset availability.
  • Mantle Network's adoption of Succinct’s SP1 positions it as a leader in scalability and innovation, enabling a faster, more secure, and interconnected Ethereum future for developers, users, and ecosystem partners.

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Cryptoslate

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Metaplanet rides 2200% stock growth wave to enter US market with Bitcoin focus

  • Japanese Bitcoin-focused investment firm, Metaplanet, will begin trading its shares on the US OTCQX Market on Dec. 19.
  • Metaplanet's stock has grown by over 7% on the Japanese exchange, reaching ¥3,770.
  • This move is driven by increasing global interest in Metaplanet's Bitcoin Treasury Strategy.
  • Metaplanet aims to attract more cross-border investment and build global investor confidence.

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Coindoo

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Marinade Finance Makes Strategic Investment in SuperSol

  • Marinade Finance has made a strategic investment in SuperSol, the first native Layer-2 scaling solution for Solana.
  • SuperSol is a Layer-2 scaling solution that builds on top of Solana’s existing architecture to offer increased scalability and enhanced performance.
  • Through this strategic investment, Marinade aims to help SuperSol accelerate its development and adoption and position itself at the forefront of the efforts to improve Solana’s Layer-1 and Layer-2 capabilities.
  • Marinade Finance is a non-custodial liquid staking protocol built for the Solana blockchain.
  • Marinade allows users to automatically stake SOL tokens, Solana’s native cryptocurrency, while receiving mSOL, a liquid staking derivative.
  • SuperSol is designed to meet the increasing demands of decentralized applications by providing enhanced efficiency, reliability, and real-time performance.
  • The investment by Marinade Finance will significantly contribute to the overall growth and decentralization of the Solana network.
  • SuperSol’s focus on improving Solana’s real-time performance and scalability will make Solana even more attractive option for developers and users alike.
  • SuperSol is the brainchild of Eva Oberholzer, whose impressive credentials include former roles as Chief Strategy Officer at Cardano and Chief Growth Officer at ICP.
  • Marinade’s support for SuperSol is more than just a monetary contribution – it’s a strategic partnership aimed at fostering innovation and ensuring Solana’s continued growth.

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Coinjournal

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El Salvador to ‘confine’ its Bitcoin activities in $1.4bn loan deal with the IMF

  • El Salvador will receive a $1.4 billion loan from the IMF over the next 40 months as it 'confines' its Bitcoin-related activities.
  • The potential risks of the Bitcoin project will be diminished significantly in line with Fund policies, according to the IMF.
  • Taxes will only be paid in US dollars, and El Salvador's government participation in its Chivo crypto wallet will be gradually unwound.
  • El Salvador is expected to receive additional funding support from other major banks, totaling over $3.5 billion.

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