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.
Today, we would like to talk about blockchain operations from the side of the protocols. Their collaboration aims to come as close as possible to solving the blockchain trilemma. Find out how this interconnected system works!
Finanza Digitale: Cryptocurrency platform zondacrypto selects Giorgio Chiellini as brand ambassador
Italian Digital Finance describes zondacrypto as a well-known online cryptocurrency trading platform that has become a sponsor of Juventus and the Giro d'Italia, with Giorgio Chiellini as its ambassador.
Sport marketing: Our partnership with Juventus and Raków is just the beginning
In an interview with Sport Marketing, we talk about how zondacrypto brings the worlds of sport and finance together. We also reveal what our growth plans are for the coming year.
Telewizja Biznesowa: What will the cryptocurrency law change?
We encourage you to watch and listen to a discussion about the new cryptocurrency law in Poland, during which our CEO, Przemysław Kral, provides insight into the current market situation.
Sport marketing: Polish company will be visible in the Champions League
The partnership with Juventus football club has been a success for zondacrypto, a cryptocurrency exchange licensed in Italy. The Italian market has become the second most important market in Europe for the company. zondacrypto plans to invest further in sports sponsorship, including women's sports.
wprost biznes: Cooperation of leaders from different industries
The cryptocurrency exchange zondacrypto has partnered with the Giro d'Italia to promote its services and educate about cryptocurrencies. The company plans further activities in the sport and as well as developing its products, including releasing a new mobile app.
wprost: In the special feature on the Giro d'Italia, an interview with the race partner – zondacrypto
In a special feature in the 'wprost' newspaper, we share our heartfelt commitment to cycling and the exhilarating atmosphere of cheering at the Giro d'Italia. zondacrypto's CEO Przemyslaw Kral talks about the merging of the worlds of sport and cycling and a special competition for race fans.
wprost sport: A collaboration at the crossroads of finance and football. zondacrypto and Juventus FC
We are investing in the sports market. Our new partnership with Juventus FC marks a significant milestone in the global growth of our exchange. For more details, see the ‘wprost sport’ interview with Przemysław Kral, CEO of the company.
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