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CONTENTS 05

NFT MARKET SUMMARY DECEMBER 05, 2023

WEEKLY CRYPTOCURRENCY MARKET ANALYSIS

GAME-CHANGER ALERT: PVP GAMING COMMUNITY UNVEILS TOKEN PLANS FOR WEB 3 GAMING ADVENTURE!

SOLANA FOUNDER DOESN’T WANT NETWORK TO BE CALLED ‘ETHEREUM KILLER’ – HERE’S WHY

CRYPTO HIRING: GRAYSCALE BRINGS ON NEW MANAGING DIRECTOR AHEAD OF ETF DECISION

PRESS RELEASE

EMBRACING SOLANA’S EVOLUTION: A PLATINUM TRADER’S PERSPECTIVE

DIVING DEEP INTO CRYPTO GAMING: MY TOP 3 PICKS FOR DECEMBER

CHAINLINK (LINK) IN HIGH DEMAND: WHALES BUY $50 MILLION

BITCOIN BREAKS $41K AS GOLD PRICE REACHES NEW ALL-TIME HIGH

JPMORGAN REPORT HIGHLIGHTS RESURGENCE IN DEFI AND NFT SECTORS

INSTITUTIONAL APPETITE RETURNS TO CRYPTO AS MARKETS HIT 18-MONTH HIGH

COINBASE MARKET SHARE GROWS OUTSIDE US TRADING HOURS AMID BINANCE SAGA: REPORT

MICROSTRATEGY'S BITCOIN INVESTMENT FLOURISHES, NETTING $1.6 BILLION PROFIT

SOCCER STAR CRISTIANO RONALDO FACES $1B CLASS ACTION SUIT OVER BINANCE ENDORSEMENT

KRAKEN CHIEF LEGAL OFFICER SAYS BRIGHT FUTURE AHEAD FOR CRYPTO AFTER BINANCE SETTLEMENT WITH US GOVERNMENT

FUNDING WRAP: BITCOIN MINERS BAG CASH AHEAD OF ETF DECISIONS

29 29

STANDARD CHARTERED-BACKED ZODIA CUSTODY JOINS RIPPLE-OWNED METACO’S GLOBAL CRYPTO STORAGE NETWORK

BLOCKSTREAM CEO BETS BITCOIN WILL HIT $100K BEFORE THE HALVING

GASCOIN’S GREEN ENERGY REVOLUTION: WHY GASCOIN IS A KEY PLAYER IN THE SUSTAINABLE ENERGY LANDSCAPE?

NVIDIA-BACKED STARTUP TOGETHER AI RAISES $102.5 MILLION

US SPACE FORCE MAJOR URGES DEFENSE DEPARTMENT TO ADOPT BITCOIN AS AN ‘OFFSET STRATEGY’

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EDITORS LETTER Bitcoin and Ether surged above their respective overhead resistance levels on Dec. 4, indicating that the bulls are in no mood to slow down. The higher the price goes without a meaningful correction, the greater the feeling of missing out among traders. When traders chase prices higher, it could lead to a blow-off top before a correction sets in.

Bitcoin is in a strong uptrend. The bears could not pose any challenge at $40,000, which shows that bulls are having their way.

Cryptocurrency exchange Bybit said in its 4th quarter report that institutional traders held 35% of their assets in Bitcoin, 15% in Ether and a large portion kept 45% of their assets are in stablecoins. Only a miniscule 5% was held in rest of the altcoins.

With every rise, it is getting difficult for the bears to stop the rally. If sellers want to make a comeback, they will have to halt the rally at the current level and drag the BTC/USDT pair below the 20-day EMA ($37,926). That may indicate the start of a deeper correction.

This shows that there is still enough firepower available with institutional investors to buy the cryptocurrency of their choice by selling stablecoins.

The sharp rally of the past few days has pushed the RSI into the overbought zone, indicating that a minor correction or consolidation is possible. Sometimes, when the trend is strong, the RSI tends to remain in the overbought territory for an extended period of time. The next target objective on the upside is $48,000 as there is no major resistance level in between.

Lastly please check out the advancement’s happening in the cryptocurrency world

Enjoy the issue

Karnav Shah Founder, CEO & Editor-in-Chief



CRYPTONAIRE WEEKLY Cryptonaire Weekly is one of the oldest and trusted sources of Crypto News, Crypto Analysis and information on blockchain technology in the industry, created for the sole purpose to support and guide our Crypto Trading academy clients and subscribers on all the tops, research, analysis and through leadership in the space. Cryptonaire weekly, endeavours to provide weekly articles, Crypto news and project analysis covering the entire marketplace of the blockchain space. All of us have challenges when facing the crypto market for the first time even blockchainsavvy developers, investors or entrepreneurs with the everchanging technology its hard to keep up with all the changes, opportunities and areas to be cautious of. With the steady adoption of Bitcoin and other cryptocurrencies around the world, we wanted not only to provide all levels of crypto investors and traders a place which has truly great information, a reliable source of technical analysis, crypto news

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GASCOIN’S GREEN ENERGY REVOLUTION: WHY GASCOIN IS A KEY PLAYER IN THE SUSTAINABLE ENERGY LANDSCAPE? EMBRACING SOLANA’S EVOLUTION: A PLATINUM TRADER’S PERSPECTIVE DIVING DEEP INTO CRYPTO GAMING: MY TOP 3 PICKS FOR DECEMBER

For Latest update

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WEEKLY CRYPTOCURRENCY MARKET ANALYSIS Hello, welcome to this week’s 314th edition of Cryptonaire Weekly Magazine. The global crypto market cap is $1.55 Trillion, up 150 Billion since the last week. The total crypto market trading volume over the last 24 hours is at 89.69 Billion which makes a 63.77% increase. The DeFi volume is $10.39 Billion, 11.59% of the entire crypto market’s 24-hour trading volume. The volume of all stable coins is $82.23 Billion, which is 91.68% share of the total crypto market volume the last 24 hours. The largest gainers in the right now are Sports and BRC-20 cryptocurrencies. Bitcoin’s price has increased by 13.34% from $36,950 last week to around $41,880 and Ether’s price has increased by 12.00% from $2,000 last week to $2,240 Bitcoin's market cap is $819 Billion and the altcoin market cap is $731 Billion. Bitcoin and Ether surged above their respective overhead resistance levels on Dec. 4, indicating that the bulls are in no mood to slow down. The higher the price goes without a meaningful correction, the greater the feeling of missing out among traders. When traders chase prices higher, it could lead to a blow-off top before a correction sets in. Cryptocurrency exchange Bybit said in its 4th quarter report that institutional traders held 35% of their assets in Bitcoin, 15% in Ether and a large portion kept 45% of their assets are in stablecoins. Only a miniscule 5% was held in rest of the altcoins. This shows that there is still enough firepower available with institutional investors to buy the cryptocurrency of their choice by selling stablecoins. The major tailwind for Bitcoin is the expectation that the

Percentage of Total Market Capitalization (Domnance)

Bitcoin

50.77%

Ethereum

16.68%

Tether

5.55%

BNB

2.22%

XRP

2.08%

Solana

1.62%

Cardano

0.88%

Dogecoin

0.81%

Others

19.39%

United States Securities and Exchange Commission (SEC) will approve a spot Bitcoin exchange-traded fund as early as January. Swan Bitcoin CEO Cory Klippsten said in an interview with Bloomberg that the window for the approval for the spot Bitcoin ETF “seems to have been narrowed to January 8th, 9th, or 10th.” Several analysts expect Bitcoin’s price to soar after one or more spot Bitcoin ETFs are greenlighted. However, traders need to look out for the sell-off after the initial knee-jerk reaction to the upside. The trend of selling into strength after the event has occurred is generally seen in legacy markets, leading to the popular adage “buy the rumor, sell the news.” Matrixport research head Markus Thielen said in a recent note that the three previous crypto bear markets were followed by a three-year bull cycle, and this time is going to be no different, with 2023 being the first year. Thielen anticipates Bitcoin to reach $60,000 by April and $125,000 by the end of 2024.

Cryptonaire Weekly | December 5th 2023

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Cryptonaire Weekly | December 5th 2023

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Hey there, Winston here. If you’ve been riding the crypto wave like I have, you’ll know that the NFT space is buzzing like never before. We’re seeing a resurgence that’s got everyone from seasoned traders to newbies sitting up and taking notice. Let me break down what’s happening in the NFT market and why it’s causing such a stir.We’re witnessing what I like to call the NFT Renaissance. After a period of cooling off, NFTs are back with a vengeance. This isn’t just a rebound; it’s a full-blown NFT renaissance. Collections like “Ordinals,” “Pudgy Penguins,” and innovative in-game assets are at the heart of this resurgence, each bringing unique flair and excitement to the market.

novelty of NFTs. It’s a groundbreaking move that’s attracting both Bitcoin purists and NFT enthusiasts. Pudgy Penguins have taken the NFT world by storm, and it’s not hard to see why. Beyond their adorable aesthetic, these penguins have created a vibrant community. What’s remarkable about Pudgy Penguins is their ability to maintain a strong community bond and engagement, which is crucial in the ever-evolving NFT landscape. They’re a prime example of how a strong community can drive the value and longevity of an NFT collection. Reaching a new all-time high of 11.6 ETH before settling at 9.75 ETH. This represents a staggering 59% gain in a week, putting the spotlight on the collection’s strong community and market appeal. The anticipation around the Pudgy Art Basel event and potential announcements from Luca, the project’s lead, are adding to the excitement.

Ordinals is a fascinating development in the NFT space. This collection is unique because it’s not just about the art or the collectible aspect; it’s about embedding digital assets directly onto the Bitcoin blockchain. This integration represents a significant shift in how we perceive NFTs, marrying the original cryptocurrency’s security and prestige with the

Cryptonaire Weekly | December 5th 2023

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Other collections like “Kanpai Pandas,” “Sappy Seals,” “DigiDaigaku,” and “Pixel Vault Founder’s DAO” have seen impressive rallies, with some collections experiencing up to 80% gains. This broad-based rally across different PFP projects indicates a robust and healthy NFT market.

platforms. These advancements are making NFTs more accessible and appealing to a broader audience.NFTs are no longer just about digital art and collectibles. We’re seeing an expansion into new domains like virtual real estate, gaming, and even identity verification. This diversification is opening new avenues for investment and innovation. NFTs are becoming integral to the virtual economy, offering unique opportunities for creators, investors, and users alike.

The integration of NFTs into gaming is a gamechanger, quite literally. In-game assets as NFTs are transforming how players

In navigating this NFT gold rush, my strategy is a mix of caution and opportunism. I’m keeping an eye out for projects with real utility and long-term potential, rather than just jumping on every hypedup drop. Diversification is key – I’m spreading my bets across different types of NFTs and platforms. And as always, I’m staying informed about the latest developments in the space, ready to pivot my strategy as the market evolves. In this dynamic market, my focus is on collections and assets that offer innovation, community strength, and long-term potential. “Ordinals,” “Pudgy Penguins,” and in-game assets are prime examples of where I see significant growth and sustainability. While the allure of quick gains is tempting, I’m betting on projects that redefine the space or have a strong community backing.

interact with games, offering true ownership and trade ability of in-game items. This shift is not just revolutionizing the gaming industry but also opening new investment avenues in the NFT space. The potential here is enormous, as it taps into the massive gaming market, blending entertainment with investment.

Conclusion In conclusion, the NFT market is experiencing a dynamic and exciting phase. From technological innovations to expanding use cases and mainstream adoption, there are multiple factors contributing to this bull run. As we navigate this frenzy, it’s important to stay informed, be discerning, and embrace the opportunities that this new era of NFTs presents.

Technological Innovations Driving Growth One of the key drivers behind this NFT boom is the technological evolution we’re seeing in the space. Blockchain tech is becoming more sophisticated, enabling more seamless and secure NFT transactions. We’re talking about improved scalability, reduced gas fees, and enhanced interoperability between different blockchain

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Hey there, fellow crypto trainers and blockchain enthusiasts, get ready to embark on a digital adventure that’ll make Pikachu proud! We’ve got a fresh scoop that’s hotter than Charizard’s flamethrower – a new NFT-powered game that’s keeping the Pokémon legacy alive and kicking! So, dust off your Pokeballs because it’s time to dive into this crypto-fuelled journey!

Pokemon NFTs: The Future of Crypto Collectibles While we’re at it, let’s talk about the value of these Pokemon NFTs. Just like a holographic Charizard card, some of these digital critters could become the crown jewels of your crypto collection. Who knows, maybe one day you’ll be trading your NFT Pikachu for a real Pikachu! (Okay, maybe not, but you get the idea.)

NFT-Powered Pokémon: A Match Made in Crypto Heaven

Trading, Battling, and Unraveling Mysteries But the excitement doesn’t stop there! Just like in the classic games, you can trade your NFT Pokemon with other trainers worldwide, becoming the ultimate crypto Gym Leader. Engage in epic battles that pit your NFT Pokemon against other trainers and their unique collections. As you battle, you’ll unlock new chapters of the game’s storyline, revealing the mysteries of the blockchain world and the origins of NFTs.

Imagine this: a world where you can not only catch ’em all but also mint ’em all as NFTs! It’s like Satoshi Nakamoto himself blessed this idea. This new game is on a mission to combine our love for pocket monsters with the magic of blockchain, and boy, are we excited!In this NFT-powered Pokémon extravaganza, you’ll be hunting for your favourite digital critters just like the good old days. But here’s the twist – every Pokémon you capture becomes a unique NFT, stored securely on the blockchain. It’s like having a Charmander with a digital birth certificate. Who would’ve thought? Remember the thrill of trading Pokémon cards in the schoolyard? Well, get ready to relive that excitement but with a crypto twist! You can now swap your precious NFT Pokémon with other trainers from across the globe. It’s like a decentralized Pokémon market where the rarest cards (or NFTs) rule the day!

Cryptonaire Weekly | December 5th 2023

Conclusion: The Crypto Pokemon Odyssey Begins So there you have it, fellow crypto adventurers, a new NFT-powered Pokemon game that’s reviving our childhood dreams and blending them with the magic of blockchain. It’s like catching a Shiny Pokemon – rare and exhilarating! Get ready to embark on this crypto Pokemonodyssey, and remember to keep your wallets and Pokeballs handy.

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Hey, all you crypto cats and blockchain buffoons, get ready for a wild NFT ride because we’ve got a tale that’s juicier than a pineapple on a hot summer day. So, grab your virtual popcorn, a comfy chair, and let’s get this crypto comedy started!

In recent weeks, OpenSea’s market share has been shrinking faster than a poorly crafted crypto meme tweet. They’ve got some catching up to do, that’s for sure. But hey, in the ever-evolving crypto circus, anything can happen!

Blur Steals the Spotlight:

Data: The Ultimate Stand-Up Comedian:

Picture this: Blur waltzes into the NFT arena like a rockstar crashing a kid’s birthday party, and guess what? They’ve grabbed a jaw-dropping 80% of the NFT market share! Yep, you heard it right – 80%! OpenSea, you might want to check your rearview mirror!

Now, what do the data nerds say about this whole NFT sitcom? Well, they’re cracking up, that’s what! Blur is stealing the show, OpenSea is taking a siesta, and the market is a comedy club where the punchline keeps changing.

So, how did Blur pull off this epic heist? Well, it’s all thanks to their dazzling features, user-friendly interface, and a fan base more loyal than a dog with a bone. They’ve been churning out NFTs like a popcorn machine at the movies, and everyone’s buying them faster than a crypto newbie buying into the latest meme coin.

OpenSea’s Crypto Nap:

In conclusion, Blur is the new crypto superstar, and OpenSea is like that famous comedian who decided to take a break from the spotlight. Who’ll get the last laugh in this crypto comedy of errors? Only time will tell, my crypto comrades. Stay tuned for more crypto giggles, and don’t forget to keep your wallets handy for the next NFT extravaganza. Crypto’s the gift that keeps on giving, and we’re all just here for the laughs!

Now, let’s talk about OpenSea. These folks have been the NFT kings for a while, but it seems like they’ve decided to hit the crypto snooze button. Maybe they’re binge-watching Netflix, who knows? They’ve been quieter than a library during a power outage lately.

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PRESS RELEASE

Summary: PvP, the new and innovative social gaming ecosystem dedicated to uniting gamers globally, is thrilled to reveal its plans for 2024, including the highly anticipated launch of the PvP token for the Web 2.0 and 3.0 gaming platform, expected to take place in 2024. PvP has 150,000 users in its pre-token community, and today has announced its partnership with Platinum Crypto Agency. PvP in partnership with Platinum Crypto Agency has created an exclusive platform for investors to participate in its private, presale token round through December 31. After December 31, PvP is set to release its inaugural NFT collection, sending the buzz viral everywhere.

KOL’s are expecting PvP tokens to inflationary for 3 reasons: Tokenomics enables the Company to hold any revenue earned and not liquidate it for at least 3 years. Staking program has been curated to incentivise investors to stake their tokens even during the lockup period, and earn rewards on invested tokens even longer. Token release schedule dictates limited supply release capped at < 2% average monthly in Y1 and < 3.2% average monthly in Y2 & Y3. PvP has already locked in Kava Labs as its lead investor and L1 partner, seamlessly bridging the worlds of DeFi and GameFi, and early next year will

Cryptonaire Weekly | December 5th 2023

be announcing additional strategic partners for the token launch planned in Q2 2024. One of the key spokespersons of the company was quoted saying, “We are highly excited for the investment round of PvP tokens. It is going to be a huge fundraiser. Web 3.0 is the future of the gaming industry and PvP has a pre-token community of 150K users. With 10+ Web 3.0 game partners onboarded and traditional Web 2.0 gamers saying yes to new Web 3.0 games, PvP is early and at the center of where the market is headed. We are building a gaming eco-system to resolve the entrenched, siloed, and fragmented gaming experience by bridging creators, gamers, developers, publishers, guilds, advertisers, and other gamerelated platforms into a unified, community gaming experience that’s built to evolve.”

About PvP PvP is a non-toxic universal gaming community built for the future of gaming, Web 3.0, creator economy, and authentic social interactions. With features like newsfeed, clips, squad finder, community pages, customized profiles, direct messages, voice chat, and more one can easily connect with fellow gamers and content creators, find gaming guilds, advertise products, publish new games, and more. The team at PvP has deep experience in crypto, gaming and startups. It has built its monetisation plans

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around creating value added products and services for gamers that will include an NFT marketplace, revenue share, premium upgrades, merchandise and advertising for gamers.

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ADVANCEMENTS IN THE CRYPTOCURRENCY WORLD BITCOIN BREAKS $41K AS GOLD PRICE REACHES NEW ALL-TIME HIGH Bitcoin price is surging in lockstep with gold as the precious metal hits a new historic high, suggesting investors are preparing for stock market turmoil.

Such predictions rest on the historic pattern of price increases preceding halving events, with an expected surge of over 200%.

The price of gold has broken through a new all-time high, surpassing the significant level of $2,100 during the Asian session on Monday, Dec. 4. Meanwhile, Bitcoin BTC $41,408 has also surged above $41,000 for the first time in 19 months.

"On the eve of a spot Bitcoin ETF" The speculative winds are further fanned by the potential approval of a spot Bitcoin exchangetraded fund (ETF) in the United States.

Bitcoin has made a triumphant return to the $40,000 threshold, a figure unseen since the heights of April 2022. This included a swift 2% jump over 24 hours, marking a 19-month peak for the cryptocurrency. What's more, Bitcoin has now risen over 140% since the beginning of the year. Insights from Matrixport’s research head, Markus Thielen, suggest an even brighter future. With historical trends of post-bear market bull cycles and upcoming Bitcoin halving events as a backdrop, projections place Bitcoin at over $60,000 by April next year and as high as $125,000 by the end of 2024.

Cryptonaire Weekly | December 5th 2023

With 13 bidders, including industry giants like BlackRock and Grayscale, the anticipation is building toward a decision by the Securities and Exchange Commission (SEC). Bloomberg’s ETF analysts see a high probability of simultaneous approvals for all pending bids by Jan. 10, which would mark not only a new era of institutional participation and investment in Bitcoin, but likely a boost for BTC price as well. It's very likely we are on the eve of a Bitcoin spot ETF,” commented Bitcoin analyst Willy Woo on X about the new highs in gold price.

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Microstrategy's Bitcoin Investment Flourishes, Netting $1.6 Billion Profit

R Institutional Appetite Returns to Crypto as Markets Hit 18-Month High

itcoin spot exchange-traded fund fervor has gripped institutional investors which are piling funds back into crypto assets.

head of cryptocurrency products at CME, Giovanni Vicioso, commented on the return of institutional traders to crypto derivatives markets.

Bitcoin spot exchangetraded fund fervor has gripped institutional investors, which are piling funds back into crypto assets.

The increase in volume and open interest is a “clear indication that institutions are moving into this space,” he said.

Institutional-grade crypto asset funds saw their largest weekly inflows since late 2021 last week, according to fund manager CoinShares. A new record of inflows of 346 million was recorded for the week, the highest total observed in the past 9 weeks of inflows, it revealed.

Institutional Appetite is Back According to CoinShares, the fresh inflow of funds has pushed total assets under management to an 18-month high of $45.3 billion. Bloomberg ETF analyst James Seyffart predicted that the spot Bitcoin funds will be approved during the second week of January.

Moreover, the global

Cryptonaire Weekly | December 5th 2023

ecent statistics reveal that Microstrategy, a company known for its business intelligence, mobile software, and cloud services, has seen a significant increase of over 30% in its bitcoin investments. The company invested a total of $5.314 billion, with the current value of its bitcoin cache reaching $6.915 billion, marking a substantial profit of $1.601 billion. Microstrategy’s Profits

holds an impressive 174,530 BTC, currently valued at $6.915 billion based on the prevailing exchange rates. Microstrategy’s investment in BTC, amounting to $5.314 billion, was acquired at an average cost of $30,252 per BTC. With its current valuation at $6.915 billion, the company has realized a gain of $1.601 billion, equating to a 30.12% return

Have Risen by More Than 30% or 40,401 Bitcoin Microstrategy (Nasdaq: MSTR) has experienced this notable growth following bitcoin’s (BTC) surge past the $39K mark. Currently, Microstrategy stands as the largest holder of bitcoin, surpassing both public and private entities, with the exception of governments and exchange-traded products such as Grayscale’s GBTC. As of the latest update, the company

through strategic dollarcost averaging of its purchases. According to archived data from blockchaincenter.net’s “There Is No Second Best,” this analysis tracks Microstrategy’s profit margin with BTC investments, comparing it with potential earnings had the company invested in ethereum (ETH) instead.

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Standard CharteredBacked Zodia Custody Joins Ripple-Owned Metaco’s Global Crypto Storage Network

he new subcustody network is designed to give institutions around the world easy access to safe crypto storage and settlement.

specialist Metaco's network, which is designed to handle the safekeeping and settlement of digital assets for institutions around the world, the firms said on Monday. Crypto storage and settlement networks, where the assets remain in custody to remove counterparty risk, are becoming more popular,

particularly in the wake of last year’s blow-ups and collapses of firms like FTX.

systems created by Fireblocks. Zodia itself offers an Interchange network.

As this infrastructure component gradually evolves to resemble the way things are done in traditional finance, different types of networks will appear, said Zodia Custody CEO Julian Sawyer. Examples include the Copper Clear Loop system, which recently joined forces with BitGo’s Go network, or the selfcustody off-exchange

The aim of integrating with Metaco’s network is to offer global subcustody, banking parlance for when an institution contracts another custodian to hold assets for it, Sawyer said in an interview with CoinDesk. “I think of this as the third generation of crypto custody.

Kraken Chief Legal Officer Says Bright Zodia Custody, a Future Ahead for cryptocurrency storage backed by Crypto After Binance provider Standard Chartered is joining Settlement With US (STAN), Ripple-owned custody Government

he chief legal officer of crypto exchange Kraken is optimistic that Binance’s decision to settle with the US government will benefit the digital asset industry. Last month, the world’s largest crypto exchange by trading volume agreed to pay over $4 billion in fines after pleading guilty to engaging in money laundering, violating sanctions and operating an unregistered moneytransmitting business. In a new CNBC interview, Kraken’s Marco Santori says Binance’s settlement will pave the way for a new era for crypto.

are ready to move forward from the Binance settlement, that’s what settlements do. They set the stage for moving forward into something better. Binance users, I think, were relieved to find that there were no allegations that money was missing. There were no allegations of insolvency. There were allegations of violations of financial services laws, which were serious but thankfully, I think that this is just further evidence of a bright future ahead of crypto and a digital asset ecosystem that’s putting behind it a lot of its darker days.”

“The industry, the ecosystem, regulators, policymakers, I think, Cryptonaire Weekly | December 5th 2023

Greetings, I’m Kevin, a seasoned crypto enthusiast with a penchant for platinum-level trading. Building upon the insights I shared in “Kevin’s Macro Perspective: Flourishing in the Crypto Spring,” I’m thrilled to delve into a project that has played a pivotal role in my crypto journey: Solana. Following my deep dive into “Solana: Past, Present & Future featuring Anatoly Yakovenko,” I’ve gained profound insights into Solana’s trajectory and its potential in the crypto world. Solana’s Inception: A Paradigm-Shift Anatoly Yakovenko, the visionary behind Solana, introduced an innovation that left me astounded – the Proof of History (PoH) consensus mechanism. This wasn’t a mere tweak to existing systems; it constituted a complete overhaul of how blockchain transactions could be processed. PoH’s capacity to generate an indisputable historical record, proving the occurrence

of an event at a precise moment, is nothing short of ingenious. It’s akin to having a digital time-stamping machine operating at warp speed, ensuring the network’s integrity and efficiency. Conquering the Blockchain Trilemma The blockchain trilemma – the delicate balancing act of scalability, security, and decentralization – has perennially bedevilled the crypto realm. Many projects were compelled to compromise one element for the sake of the others. Solana adopted a divergent approach. It achieved massive scalability, facilitating thousands of transactions per second, a feat that appeared unattainable for other blockchains. Remarkably, it accomplished this without sacrificing security or decentralization, which are indispensable for preserving trust and autonomy within the network. A Leap into High-Velocity Transactions Solana’s operational velocity continues to leave me in awe. In the traditional blockchain sphere, augmented transaction speed often correlated with increased centralization or security risks. Solana boldly defied this convention. Its capability to process transactions at breakneck speed while maintaining low costs has ushered in a new era of possibilities for developers and traders alike. This wasn’t just an enhancement; it was a revolution. The Bedrock for Future Innovations What commenced as an audacious undertaking swiftly transformed into a foundation for future innovations. Solana’s

Cryptonaire Weekly | December 5th 2023

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high throughput and economical transaction costs have rendered it an appealing platform for a diverse array of applications, spanning from DeFi to NFTs, and even intricate decentralized applications hitherto deemed unfeasible. It’s an innovation playground where developers can push the boundaries of what’s attainable in the blockchain realm. Solana Today: A Nexus of Innovation and Efficiency In my scrutiny of the contemporary crypto landscape, Solana emerges as a paragon of progress and efficiency. It’s not merely another blockchain; it’s a nexus where avant-garde technology intersects with pragmatic, real-world applications. Here’s a more profound exploration of why Solana’s present state captivates me as both a trader and a blockchain aficionado. Unrivalled Transaction Velocity and Efficiency Solana’s unparalleled transaction speed is the first thing that captivates me. In a domain where even a few seconds

A Magnet for Pioneers and Innovators Solana’s robust infrastructure has magnetized pioneers and innovators. The platform’s scalability and minimal barriers to entry have spurred a surge of inventive and diverse projects. From DeFi protocols offering novel financial services to NFT marketplaces revolutionizing digital ownership, Solana leads the vanguard of blockchain innovation. As a trader, this diversity not only offers a spectrum of investment opportunities but also signifies the platform’s enduring viability. The Emergence of Decentralized Applications (dApps) Another facet of Solana that kindles my enthusiasm is its burgeoning ecosystem of decentralized applications (dApps). These aren’t run-of-the-mill applications; they embody a new wave of decentralized solutions to real-world predicaments. Whether it pertains to decentralized exchanges (DEXs), lending platforms, or even gaming applications, Solana’s dApps are pushing the envelope of what’s achievable in the decentralized realm. A Flourishing Community and Ecosystem What truly sets Solana apart, from my perspective, is its thriving community and ecosystem. The level of involvement and collaboration within the Solana community is nothing short of remarkable. It’s a melting pot of ideas, support, and innovation, with developers, traders, and enthusiasts converging to propel the platform forward. This dynamic community not only attests to Solana’s current success but also serves as a pivotal catalyst for its future expansion.

The Future of Solana: Potential Unleashed

of delay can make or break a trade, Solana’s ability to process thousands of transactions per second is a game-changer. This efficiency extends beyond speed; it encompasses the capacity to handle a substantial transaction volume with nominal fees. Within the DeFi sphere, where transaction costs can pose a barrier, Solana proffers a cost-effective solution that broadens access to financial services.

Cryptonaire Weekly | December 5th 2023

As I look towards the horizon, Solana’s future sparkles with potential. It’s not just about what Solana is today; it’s about what it promises to become tomorrow. Here’s my take on why Solana’s future is particularly exciting and why it holds a prominent place in my long-term investment strategy. Scaling New Heights in Blockchain Technology Solana’s commitment to innovation doesn’t stop. Its ongoing developments in scalability and efficiency are setting the stage for even more groundbreaking advancements. I’m particularly intrigued by the potential for Solana to integrate with emerging technologies like 5G, AI, and IoT. The combination

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of these technologies with Solana’s high-speed blockchain could unlock new applications we haven’t even imagined yet.The DeFi and NFT sectors on Solana are just getting started. I foresee an explosion of new projects and platforms that will take advantage of Solana’s speed and low transaction costs. We’re talking about a future where DeFi becomes more accessible and userfriendly, and NFTs go beyond art and collectibles, potentially revolutionizing industries like real estate, gaming, and digital identity.

based on the platform’s ability to solve critical issues in the blockchain space and its potential to drive widespread adoption of decentralized applications. While my belief in Solana’s long-term potential is steadfast, I also employ agile trading strategies to capitalize on short-term market movements. This involves actively monitoring the market for trends, sentiment shifts, and key developments within the Solana ecosystem. By staying nimble, I can take advantage of trading opportunities that arise from the market’s inherent volatility.

Building a More Inclusive Digital Economy One of the most compelling aspects of Solana’s future is its potential to foster a more inclusive digital economy. Its efficiency and low barrier to entry make it an ideal platform for projects aimed at democratizing finance and technology. I envision Solana playing a key role in bringing blockchain and crypto to a wider audience, breaking down barriers that have traditionally kept people out of the financial and digital worlds.Looking ahead, I see Solana becoming a hub for crosschain integration. As the blockchain ecosystem becomes more interconnected, Solana’s ability to interact seamlessly with other chains will be crucial. This interoperability will not only enhance Solana’s utility but also solidify its position as a central player in the broader blockchain network.

Diversification Within the Solana Ecosystem

My Investment Approach with Solana As I navigate the ever-evolving landscape of cryptocurrency, my approach to investing in Solana is both methodical and dynamic. Here’s a deeper dive into how I strategize my investments in this promising blockchain platform.My conviction in Solana’s long-term potential is rooted in its fundamental strengths – its innovative technology, scalability, and growing ecosystem. I see Solana not just as a short-term play but as a cornerstone of my portfolio for years to come. This belief is

Diversification is a key component of my investment strategy with Solana. This means spreading my investments across various projects within the Solana ecosystem. From DeFi protocols and NFT projects to emerging dApps, I aim to capture a broad spectrum of opportunities that Solana offers. This diversification helps mitigate risk while allowing me to benefit from the growth potential of different sectors within the ecosystem.Investing in any cryptocurrency, including Solana, comes with its share of risks. To manage this, I balance my Solana investments with other crypto assets and traditional investment vehicles. This balanced approach helps me manage risk while still capturing the high growth potential that Solana offers.

Staying Informed and Adapting to Changes The crypto market is dynamic, and staying informed is crucial. I keep a close eye on developments not just in Solana but in the broader crypto and financial markets. This includes regulatory changes, technological advancements, and shifts in investor sentiment. Being well-informed allows me to adapt my investment strategy to changing market conditions, ensuring that I am always aligned with the most current trends and information.

Conclusion In my view, Solana is more than just another blockchain project; it’s a beacon of innovation and efficiency. My journey with Solana, from its inception to its current achievements and future potential, reflects my conviction in its ability to be a major player in the blockchain arena. For anyone venturing into this space, I recommend a balanced approach, underpinned by thorough research and a keen eye on the evolving market dynamics.

Cryptonaire Weekly | December 5th 2023

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Crypto hiring: Grayscale brings on new managing director ahead of ETF decision

P Solana Founder Doesn’t Want Network To Be Called ‘Ethereum Killer’ – Here’s Why

olana’s creation was designed to work with all the functionalities of Ethereum and improve upon the issues that arose in the network’s early days. The blockchain has since grown in popularity in the past few years, with many crypto participants touting Solana as the one to dethrone Ethereum in the altcoin market. However, it seems Solana’s co-founder Anatoly Yakovenko is tired of the comparison, and just wants a situation where the network can thrive. Anatoly Yakovenko’s Thoughts On The ‘Ethereum Killer’ Label Solana has done well

since the October bottom which led to market gains in the wider crypto market. The crypto’s price has done 197% gains since the middle of October and is up by 531% from its 2023 open of around $9.96. At the same time, Solana’s TVL in DeFi has also grown spectacularly, adding 74.67% in the past month and $482 million since the beginning of 2023. Furthermore, according to the data provided by DeFiLlama, the daily trade volume of Solana’s DeFi has been surpassing that of Ethereum L2 Chains like as Polygon and Optimism.

Cryptonaire Weekly | December 5th 2023

lus, Argo Blockchain and Bastion hire senior executives and crypto job applications stay muted Crypto asset manager Grayscale hired John Hoffman to be its managing director and head of distribution and partnerships.

Hoffman spent the past several years at Invesco, where he most recently headed up the firm’s ETFs and Indexed Strategies division in the Americas.

offer a spot bitcoin ETF could come soon after the new year.

Sonnenshein was an analyst at J.P. Morgan before joining the firm a decade ago, and David LaValle, global head of ETFs, has Nasdaq and indexing firm Alerian on his resume.

Grayscale is one of several firms promising to offer a spot bitcoin ETF pending regulatory approval but is uniquely positioned in that its Grayscale Bitcoin Trust already holds $23 million assets under management. The traditional finance hire is par for the course at crypto-focused Grayscale. CEO Michael

Hoffman joins the firm as some speculate that resolution in Grayscale’s yearslong attempt to

In a Grayscale Q&A announcing his joining the company, Hoffman said he first bought bitcoin via Coinbase in 2013 but has been “emotionally invested in its innovation for much longer.”

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Hey there, fellow crypto adventurers, it’s John again. If you’ve been tracking my journey through the crypto gaming landscape in my previous articles, like “Navigating the New Frontier: My Journey with Immutable X” and “The Future of Crypto Gaming: A Trader’s Insight on Market Dynamics and Investment Strategies,” you know I’m deeply invested in the intersection of gaming and blockchain. This December, I’m focusing on three projects that are redefining this space: Superverse, Shrapnel, and Virtua. Let’s dive into why these aren’t just games, but revolutions in the making.

prowess. That’s the kind of revolution we’re talking about here. It’s a shift from the traditional “pay-toplay” or “play-to-win” models to something more empowering: “play-to-earn” and “play-to-own.” 1. Shrapnel: The Sleeper Hit of Crypto Gaming Now, let’s talk about Shrapnel. This one’s a bit of a dark horse in the crypto gaming arena, but trust me, it’s a project that’s been quietly gearing up to make some serious waves. I’ve been keeping a close eye on Shrapnel, and here’s why I think it’s a sleeper hit that’s about to wake up the whole gaming world.

Why Gaming and Blockchain? We’re at a crossroads where two massive worlds are colliding: gaming, an industry that’s all about immersive experiences and community, and blockchain, the tech that’s redefining trust and value in the digital age. When you mesh these together, you get something extraordinary. It’s not just about playing games for digital coins; it’s about creating whole economies, communities that govern themselves, and digital ownership that goes beyond the screen. Blockchain brings transparency and fairness to gaming, making things like in-game assets and economies more secure and player-centric. Imagine owning a piece of the game world that appreciates in value or getting real rewards for your gaming

Cryptonaire Weekly | December 5th 2023

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Why Shrapnel is a Smart Bet For all these reasons, I see Shrapnel as a smart bet. It’s a project that’s not just following the crypto gaming trend; it’s setting new standards. The potential for scalability, player engagement, and long-term value is huge. It’s a game that’s poised to redefine what we think of when we talk about play-to-earn, and I’m excited to be a part of its journey. Superverse: More Than Just Play-to-Earn When it comes to Superverse, we’re looking at something that’s redefining the boundaries of what a crypto game can be. It’s not just another entry in the play-to-earn scene; it’s a whole new universe that’s blending gaming, blockchain, and community in an incredibly innovative way.

A Rich, Immersive Gaming Universe A Revolutionary Gaming Model

First off, the gaming experience in Superverse is

Shrapnel is redefining the play-to-earn model in a way that’s

something else. We’re talking about a rich, immersive

genuinely groundbreaking. It’s not just about earning crypto by playing; it’s about being part of a gaming ecosystem that’s dynamic, player-driven, and incredibly immersive. The game leverages blockchain technology to create a decentralized, player-controlled environment. This means players have real power in shaping the game’s universe, making strategic decisions that affect the game world for everyone.

Player Empowerment at Its Core What really sets Shrapnel apart is its commitment to player empowerment. This isn’t just lip service; the game’s mechanics are designed to give players control over key aspects of the game, from in-game assets to critical decision-making processes. The use of NFTs in Shrapnel is particularly interesting. Players can own unique items and even parts of the game’s landscape, which isn’t just cool; it’s a whole new level of player engagement and investment.

A Community-Driven Approach Shrapnel’s approach to community involvement is something I haven’t seen much of elsewhere. The developers are not just creating a game; they’re fostering a community. They actively engage with players, take feedback, and iterate on it. This kind of community-driven development is rare and valuable, especially in the crypto gaming space where player trust and loyalty are gold.

storyline, graphics, and gameplay mechanics are topnotch, rivalling some of the best traditional games out there. But what makes it truly special is how it integrates blockchain technology into every aspect of the experience, making the game not just fun but also a potential source of income.

Technological Innovation On the tech side, Shrapnel is pushing boundaries. The game’s use of blockchain isn’t just a gimmick; it’s integral to the gameplay and player experience. The developers are leveraging blockchain to ensure transparency, fairness, and security, which are crucial in a game where players invest time, effort, and, yes, real money.

Cryptonaire Weekly | December 5th 2023

universe that pulls you in from the get-go. The game’s

Earning with Real Impact In Superverse, earning crypto is woven seamlessly into the gameplay. It’s not just about grinding for coins; it’s about meaningful interactions and decisions that have real impact both in and out of the game. Players can earn by completing missions, trading in-game assets, or even by contributing to the game’s ecosystem in

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creative ways. This approach to play-to-earn feels organic, rewarding players genuinely for their skills and strategies.

NFTs and Digital Ownership

A New Era of Digital Collectibles Virtua is redefining the concept of digital collectibles in gaming. Unlike traditional games where in-game items are often confined within the game’s universe, Virtua’s NFTs

The use of NFTs in Superverse is another game-changer.

transcend these boundaries. Players can collect, trade, and

We’re not just talking about collectible digital items; these

even leverage these NFTs across different platforms and

NFTs represent true digital ownership within the game’s

games. This level of interoperability isn’t just cool; it’s a

universe. Players can own, trade, or even create unique

massive leap forward in terms of digital asset utility and value.

digital assets, which can appreciate in value based on the game’s economy and demand. This adds a layer of strategy and investment to the game that goes beyond

Immersive Worlds and Unique Experiences What sets Virtua apart is its commitment to creating

traditional gaming.

immersive worlds and unique experiences around its

Community and Governance

experiences, exclusive content, and special events within

What’s really exciting about Superverse is its approach to community and governance. The game is designed to be

NFTs. Each NFT isn’t just a static item; it’s a key to new the Virtua ecosystem. This approach turns NFTs into more than just digital assets; they become gateways to

community-driven, with players having a say in key decisions

unique adventures and communities.

that shape the game’s future. This could be anything from

Building a Robust Virtual Economy

new features to balancing the game’s economy. It’s a level of player involvement that’s rare in the gaming world, and it’s all made possible by blockchain technology.

Why Superverse Stands Out In the crowded field of crypto gaming, Superverse stands out for its holistic approach to play-to-earn, its immersive gaming experience, and its innovative use of

Virtua isn’t just playing around with NFTs; it’s building a robust virtual economy. The platform allows players to truly own a piece of the game world, with NFTs representing everything from virtual real estate to unique character skins. This creates a dynamic economy where players can invest, trade, and even earn real-world value from their in-game activities.

NFTs and community governance. It’s a project that’s not

Community and Creativity at the Forefront

just following trends but setting them, offering players a

One of the most exciting aspects of Virtua is its focus on

unique blend of entertainment, earning potential, and real

community and creativity. The platform empowers players

ownership. For these reasons, Superverse is more than

and creators alike to contribute to the game’s universe,

just a game to me; it’s a glimpse into the future of gaming

whether it’s through designing new NFTs or participating in

and blockchain convergence.

community-driven events. This level of engagement ensures that the game remains fresh, dynamic, and player centric.

Virtua: NFTs Taking Center Stage Now, let’s turn our attention to Virtua. This isn’t just another project in the crypto gaming space; it’s a visionary endeavour that’s putting NFTs (non-fungible tokens) front and centre in a way that’s truly groundbreaking. Here’s why Virtua has caught my eye and why I believe it’s a game-changer in the world of blockchain gaming.

Why Virtua is a Standout Pick For all these reasons, Virtua stands out as a top pick in the crypto gaming world. It’s not just leveraging NFTs for the sake of trendiness; it’s pioneering new ways for players to interact with digital assets, creating a gaming experience that’s rich, engaging, and potentially lucrative. Virtua represents the cutting edge of where gaming, blockchain, and digital ownership converge, making it an exciting project to watch and be a part of.

Conclusion So, there you have it – my top picks in the crypto gaming world for December: Superverse, Shrapnel, and Virtua. Each of these projects isn’t just riding the crypto wave; they’re redefining what gaming can be in a blockchainpowered world. As always, remember that diving into crypto is a thrilling but risky adventure. Do your due diligence, and if you’re as excited about the intersection of gaming and blockchain as I am, these projects are worth your attention.

Cryptonaire Weekly | December 5th 2023

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JPMorgan Report Highlights Resurgence in DeFi and NFT Sectors

A Chainlink (LINK) in High Demand: Whales Buy $50 Million

antiment reveals that Chainlink's top 200 wallets accumulated over $50 million worth of LINK tokens. This accumulation coincided with a significant decrease in LINK's balance on cryptocurrency exchanges. Meanwhile, Silo Labs reported an error in Chainlink's price feed on Arbitrum that led to several liquidations. Chainlink whales have significantly increased their LINK holdings. This comes after a noticeable reduction in the token’s balance on crypto exchanges, indicating heightened bullish sentiment. On-chain data provider Santiment revealed that

merican banking giant JPMorgan has shed light of optimism in the decentralized finance (DeFi) and non-fungible tokens (NFT) sectors.

kets sentiment. Titled ‘Resurgence in DeFi and NFTs: A Market Shift,’ the study attributes the resurgence to the recent US Bitcoin ETF expectations.

A JPMorgan report published Thursday revealed notable revival in the DeFi and NFT activity, spurred by an improved crypto mar-

The report stressed DeFi and NFT market recovery, though positive in recent times, are only “tentative signs of revival.”

“While there is no doubt that the recent resurgence in DeFi/NFT activity is a positive sign, it is too early to get excited about it.”

the medium-term trajectory for DeFi/NFT activity.”

the largest 200 LINK wallets have recently boosted their holdings by more than $50 million. These addresses have cumulatively amassed 746.57 million LINK tokens, valued at approximately $11.84 billion. Chainlink Whales Go on Buying Spree This accumulation spree coincided with a notable decrease in LINK’s balance on exchanges. Usually, a falling exchange balance is seen as a bullish signal, suggesting a shift towards long-term holding and less selling pressure. On-chain data confirms that LINK’s supply on exchanges has plummeted to around 102 million LINK tokens, the lowest point in over a year.

Cryptonaire Weekly | December 5th 2023

A team of analysts led by Nikolaos Panigirtzoglou, noted that the increase comes nearly after two years of market decline. “Thus, creating some optimism that the worst might be behind us in terms of

Increased Trading Activity in Decentralized Exchanges The analysts further wrote that some DeFi recovery is “natural,” given the rise in trading activity in decentralized exchanges (DEX).

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Coinbase market share grows outside US trading hours amid Binance saga

ccording to Kaiko Research, Bybit experienced a rise in market share around the clock, whereas Coinbase witnessed significant growth outside of the United States trading hours. Following cryptocurrency exchange Binance reaching a substantial multi-billion-dollar settlement with United States regulators last week, an on-chain data analytics firm reported a surge in Coinbase's market share.

On November 21, Binance and the United States Department of Justice (DoJ) reached a settlement of $4.3 billion, settling allegations related to anti-money laundering. However, the legal challenges have led to other crypto exchanges seeing an increase in market share, according to research firm Kaiko Research. The firm recently published a report that indicates that Coinbase

has seen an uptick in its trading volume, during the European trading day, outside the regular United States trading hours: “Coinbase’s share grew the most outside of U.S. trading hours (14-22 UTC), instead surging in the middle of the trading day in Europe and the beginning of the trading

he suit alleges that Ronaldo "promoted, assisted in, and/or actively participated in the offer and sale of unregistered securities in coordination with Binance." Soccer great Cristiano Ronaldo faces a $1 billion class-action lawsuit linked to his commercial relationship with cryptocurrency exchange Binance.

Soccer Star Cristiano Ronaldo Faces $1B Class Action Suit Over Binance Endorsement Cryptonaire Weekly | December 5th 2023

The suit, dated Nov. 28 and filed in the District Court for the Southern District of Florida, in Miami, alleges that Ronaldo "promoted, assisted in, and/or actively participated in the offer and sale of unregistered securities in coordination with Binance."

day in eastern Asia.” Meanwhile, Bybit is reportedly seeing significant changes across the entire day. “Bybit is the immediate standout winner, gaining market share in every single hour and growing by more than 20% in 16 out of 24 hours," the report stated.

Read more... The action purports to represent "consumers who purchased unregistered securities offered of sold by Binance." The lead plaintiff was identified as Michael Sizemore, a California resident who allegedly bought unregistered securities from Binance "after being exposed to some or all of defendant's misrepresentations and omissions regarding the Binance platforms." "Mr. Ronaldo’s promotions solicited or assisted Binance in soliciting investments in unregistered securities by encouraging his millions of followers, fans, and supporters to invest with the Binance platform," the legal filing said.

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Funding Wrap: Bitcoin miners bag cash ahead of ETF decisions

Blockstream CEO bets Bitcoin will hit $100K before the halving

dam Back also believes that Bitcoin could potentially reach between $750,000 to $1 million per token under a bullish scenario. Blockstream CEO Adam Back said on social media that he believes Bitcoin (BTC) will likely hit $100,000 before its next halving, causing a blend of excitement and skepticism within the cryptocurrency community.

lus, a Web3 fan engagement platform found backing from Warner Music Group and Winklevoss Capital Bitcoin mining firms are deepening their financial war chests as speculation arises around potential spot bitcoin ETF decisions early next year. Twitter co-founder and longtime bitcoin bull Jack Dorsey led a $6.2 million seed round in Mummolin, the company supporting the launch of a decentralized bitcoin mining pool called OCEAN. Meanwhile, the Canadian mining company Bitfarms closed a private $60 million share sale with US institutional investors.

OCEAN is a non-custodial mining pool, meaning miners can lend computing power with ASIC interfaces and receive rewards directly from the bitcoin network without the company taking custody of the mined bitcoins. “It went back to the principle of protecting bitcoin,” Dorsey said at a live event this week promoting OCEAN. “We need the people to have more independent, sovereign options [to mine bitcoin].”

Back also believes that Bitcoin could potentially reach between $750,000 to $1 million per token under a bullish scenario. While some enthusiasts align with Back’s bullish outlook, others criticize what they see as speculative guessing in an unpredictable market. $100K BTC The conversation began

with a tweet from Bitcoin analyst and author Vijay Boyapati, asking if Bitcoin could hit an all-time high (ATH) before the halving. Back boldly responded with an affirmative, saying: “That’s what I’ve been saying, my bet is $100k before the halving.” Back’s prediction goes against the flagship crypto’s historic price trend, which has never broken above a previous cycle’s all-time high before the halving. In the past two cycles, BTC price began its breakout movements months after the halving as supply and demand settled at new levels. Bitcoin’s current all-time high is roughly $69,000, and many believe that a monumental move above the previous high is unlikely.

It is Dorsey’s second round of 2023, joining his seed investment in bitcoin “voucher” provider Azteco in May.

Cryptonaire Weekly | December 5th 2023

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WWW.PLATINUMCRYPTOACADEMY.COM

Cryptonaire Weekly | December 5th 2023

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