Blog and Learning Center

It's coming to that time of year when cryptocurrency investors are looking to plan ahead for the following year. A lot has happened in 2023 that may or may not influence investment decisions in 2024 and beyond. However, although it's nice in theory to use past indicators as a barometer for future success, it's important to acknowledge that the crypto market (and any speculative market for that matter) isn't linear.

Shiba Inu (SHIB) has stood out with an impressive 12% price surge over the last day, as observed on the SHIB/USDT chart. The surge in SHIB's price coincides with a substantial increase in the burn rate volume, potentially marking the most significant burn of the year.

The new year is almost upon us, and many people are looking forward to enjoying festivities and a break from work. It's also the time of year when crypto enthusiasts, founders and analysts start to speculate on how they think the crypto market will perform next year, and whether the next bull run will finally arrive after a persistent bear market in 2023.

We have now seen 9 consecutive weeks of positive institutional inflows into digital asset-related investment products, indicating a strong demand for digital assets at the institutional level. This year, more than $1.5 billion of institutional liquidity has flowed directly into Bitcoin-related investment products.

BlackRock's Revised Bitcoin ETF Model: A Strategic Compromise with the SEC BlackRock, a global asset manager, recently engaged in discussions with the Securities and Exchange Commission (SEC) regarding its application to launch a Bitcoin spot ETF in the United States. In response to SEC concerns, BlackRock has adjusted its ETF blueprint to find common ground on the Bitcoin redemption model.

In a significant milestone, Dogecoin (DOGE) has exceeded five million wallet addresses with a balance, aligning with a surge in user activity. Over 168,000 active addresses in the last day mark the highest level of involvement since March 2022. While the total number of addresses with a balance provides a positive outlook, concerns about ownership concentration persist.

In the evolving world of cryptocurrencies, where the digital market landscape can change as swiftly as the tide, investors are consistently on the lookout for intelligent, efficient ways to manage and grow their digital asset portfolios. The diversity of the cryptocurrency market can often feel overwhelming, especially considering the rapid proliferation of tokens and currencies, each with unique fundamentals and investment logic.

Binance Faces Landmark $4.3 Billion Settlement and Leadership Change Binance is criminally charged with breaking sanctions and money-transmitting laws. The exchange agrees to a historic $4.3 billion settlement, marking one of the largest penalties obtained by the U.S. from a corporate defendant. Founder Changpeng Zhao (CZ) pleads guilty, agreeing to pay a $50 million fine and step down as CEO.

Ripple (XRP) has recently seized the spotlight, becoming a preferred digital asset among major global central banks. This surge in interest is highlighted in a comprehensive report from the Basel Committee on Banking Supervision (BCBS), shedding light on the growing engagement of 45 member central banks with digital assets.