Let’s check out what were the most important news and trends on the crypto market in December.
zondacrypto Team
13 Januar 2024
These were the most important developments in crypto in December 2023.
Bitcoin ETF Approval Enters a Decisive Stage
The US Bitcoin ETF approval saga has entered its decisive stage. Analyst predict that the SEC will finally approve some or even all the submitted BTC ETF applications in January 2024. Bitcoin spot ETF applications have been submitted by some of the largest international investment funds like Fidelity, BlackRock, and Grayscale. The SEC has recently required applicants to submit additional documentation and edit their current applications, which hints at a possible approval of BTC ETFs.
The Bull Market Is Back
The bull market is definitely back and during December we have seen massive price increases all across the board, with altcoins like Solana, Injective, Celestia and other top blockchains leading the charge. Bitcoin is of course leading the market by smashing through the 40,000 USD threshold in early December and blasting its way into 2024 with a 42,000 USD price tag. Judging by the December price action, the bull market is just getting started.
Massive Investment Capital Inflow
In line with the BTC ETF hype and the start of the crypto bull market, the inflow of investment capital into crypto is also ramping up. Funding has particularly increased in the Layer-1 and Layer-2 blockchain segments, with the rising prominence of newly launched blockchains like Arbitrum whose total value locked is skyrocketing. Also, there is a massive inflow of capital into veteran ecosystems such as Solana, which is boasting more than 2500 active developer teams during the last month.
DISCLAIMER
This content does not constitute investment advice, financial advice, trading advice or any other type of advice and should not be considered as such; zondacrypto does not recommend buying, selling or owning any cryptocurrency. Investing in cryptocurrencies involves a high degree of risk. There is a risk of losing invested funds due to changes in cryptocurrency exchange rates.
Crypto News Flash: Empowering the Future - zondacrypto’s Vision for Crypto and Women’s Sports
In this exclusive interview with Karolina Gwozdz, Chief of Legal at zondacrypto, we delve into the core principles that shape the company’s approach to the rapidly evolving crypto space.
Financemagnates: zondacrypto adds AS Monaco to growing sports portfolio
After successful partnerships with Juventus FC and Atalanta BC, Zondacrypto is now collaborating with AS Monaco. This is another step in building a global strategy that connects the world of sports with modern finance.
Insidersport: AS Monaco Basket joins forces with zondacrypto for euroleague
Under the new partnership agreement, zondacrypto’s logo will appear on AS Monaco Basket’s shirts, highlighting the growing role of cryptocurrencies in professional sports. The collaboration aims to inspire and promote innovative financial solutions.
Pezcyclingnews: Katarzyna Niewiadoma in new ad for sponsor zondacrypto
Katarzyna Niewiadoma, one of the world’s top cyclists, becomes a zondacrypto ambassador. This collaboration highlights the platform’s strategy of merging the worlds of sports and modern finance.
Sportsmintmedia: AS Monaco Basket secure partnership with zondacrypto for euroleague competition
zondacrypto, a leading European cryptocurrency platform, has been named the main partner of AS Monaco Basket for the euroleague competition. The company’s logo will be featured on the team’s shirts, with the partnership aiming to bridge the worlds of modern finance and top-tier sports.
Football and cryptocurrencies: A player transfer completed with cryptocurrency thanks to zondacrypto
Polish football club Raków Częstochowa has completed its first-ever player transfer using cryptocurrency. The transaction was made possible by zondacrypto, which is making a strong move into the world of sports.
Monacotribune: zondacrypto becomes the main partner of AS Monaco Basket in the EuroLeague
zondacrypto strengthens its presence in the sports world by becoming the main partner of AS Monaco Basket for the EuroLeague season. The crypto exchange’s logo will feature on players’ jerseys, highlighting a shared mission of merging financial innovation with basketball passion.
Quotidianosportivo: Skorupski on the partnership with zondacrypto - "Staying focused will be crucial. It's the mindset that will determine the outcome on the field."
Goalkeeper believes that the team's mindset will be crucial for future results. The new partnership with zondacrypto aims to support the club's further development.
Qe.magazine: Princess Charlene of Monaco Foundation receives €67 000 from zondacrypto
Through a charity gala, €67,000 was donated by zondacrypto to the Princess Charlene Foundation of Monaco. Funds were raised thanks to unique items donated by prestigious sports clubs. This initiative highlights zondacrypto’s values related to education, sports, and social engagement.
BolognaFC: zondacrypto becomes the new top partner and official crypto exchange partner of Bologna FC 1909
zondacrypto becomes the new Top Partner and Official Crypto Exchange Partner of Bologna FC 1909 for the 2024/2025 season. This partnership highlights the company’s ambition to bridge the world of football with the growing cryptocurrency market, offering cutting-edge technologies and top-level security.
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