Cryptocurrency markets are brimming with optimism this week as Bitcoin and major altcoins stage recoveries from the recent bear market. Matt Hougan, Bitwise Asset Management’s Chief Investment Officer, added to the enthusiasm in a recent interview predicting Bitcoin will surge to fresh all-time highs. Keypoints itwise CIO Matt Hougan predicts Bitcoin will hit a new all-time high amid an ongoing crypto market rally Key drivers include anticipation of a Bitcoin Spot ETF, lower interest rates, and unprecedented institutional investment Hougan believes the influx of “big money” from major financial players…
Read MoreDay: 8 December 2023
Bitcoin new high set for late 2024, Binance to lose top spot, predicts VanEck
Next year will see Binance lose its leadership position, a U.S. recession, new stablecoin market cap highs and a new peak price for Bitcoin, according to asset manager VanEck.
Read MoreHK game firm to buy $100M crypto for treasury, China/UAE CBDC deal: Asia Express
Hong Kong game firm to add $100M of BTC and ETH to treasury, UAE and China strike CBDC deal, Victory Securities starts new HK Bitcoin fund.
Read MoreSui Joins DeFi Leaders, Topping $100M in Bridged USDC
GRAND CAYMAN, Cayman Islands, December 7th, 2023, Chainwire Only 7 months from the network’s launch, Sui is bridging more USDC liquidity than multiple native chains Sui, the groundbreaking Layer 1 blockchain created by the technology experts who led Meta’s Diem blockchain initiative and created the Move smart contract language, continues its explosive ascent in decentralized finance (DeFi). This week, it surpassed $100 million in bridged USDC. This latest data confirms Sui’s position among the ranks of the top DeFi protocols worldwide and builds upon its most recent milestone of surpassing $175…
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