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The post <a href="https://coinpedia.org/news/top-crypto-news-roundup-dec-18th-to-23rd/" rel="noopener noreferrer nofollow">Top Crypto News Roundup – Dec 18th to 23rd</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a>
The world of cryptocurrency continues to evolve at a breathtaking pace, with this week seeing a flurry of activity across regulatory landscapes, market trends, and innovative leaps. Here’s a comprehensive look at the significant developments from December 18 to 23, 2023.
<h2 class="wp-block-heading" id="h-bitcoin-etf-updates">Bitcoin ETF Updates</h2>
<ul>
 <li>Dec 18 – Bitwise Sparks Interest – <a href="https://coinpedia.org/news/bitwise-sparks-bitcoin-etf-excitement-with-commercial-is-it-bullish-ahead-of-secs-spot-etf-deadline/" rel="noopener noreferrer nofollow">Bitwise</a> Asset Management stirred excitement in the crypto market with an engaging commercial for its proposed spot Bitcoin ETF, signaling bullish sentiment ahead of the SEC’s decision.</li>
 <li>Dec 21 – Spot ETF Verdict Anticipation – A report by <a href="https://coinpedia.org/news/bitcoin-spot-etf-verdict-anticipated-between-jan-5-10-2024-qcp-capital-report/" rel="noopener noreferrer nofollow">QCP</a> Capital indicates a crucial period between January 5-10, 2024, for the announcement of the Spot Bitcoin ETF, a significant event awaited by investors.</li>
 <li>Dec 23 – BlackRock’s Bold Step – BlackRock is set to inaugurate its <a href="https://coinpedia.org/news/blackrock-to-kickstart-bitcoin-etf-with-10-million-investment-on-january-3-2024/" rel="noopener noreferrer nofollow">Bitcoin ETF</a> with a $10 million investment on January 3, 2024. This strategic move precedes the SEC’s expected ETF approval on January 10.</li>
</ul>
<h2 class="wp-block-heading" id="h-crypto-regulation">Crypto Regulation</h2>
<ul>
 <li>Dec 19 – Binance’s Historic Settlement – Binance and its ex-CEO, CZ, reached a <a href="https://coinpedia.org/news/binance-and-former-ceo-changpeng-zhao-reach-historic-2-7-billion-settlement-with-cftc/" rel="noopener noreferrer nofollow">$2.7 billion settlement</a> with the CFTC for violating rules by targeting U.S. customers. The outcome sets a precedent for digital currency market oversight.</li>
 <li>Dec 20 – Senator Warren Raises Concerns – Senator <a href="https://coinpedia.org/news/u-s-senator-elizabeth-warrens-letter-is-a-publicity-stunt-says-coincenter-chief/" rel="noopener noreferrer nofollow">Elizabeth Warren</a> critiqued the crypto industry’s lobbying tactics, emphasizing the need for transparent regulations to combat illegal activities and safeguard legitimate businesses.</li>
 <li>Dec 22 – SEC’s Admission – The SEC <a href="https://coinpedia.org/news/sec-admits-errors-in-enforcement-proceedings-implements-mandatory-staff-training-for-2024/" rel="noopener noreferrer nofollow">acknowledged</a> errors in enforcement proceedings, mandating staff training to ensure accuracy and transparency in future cases.</li>
 <li>Dec 23 – Nigeria’s Progressive Crypto Regulation – Nigeria has taken a significant step in crypto by lifting the ban on cryptocurrency firms.</li>
</ul>
<h2 class="wp-block-heading" id="h-market-trends-and-predictions">Market Trends and Predictions</h2>
<ul>
 <li>Dec 18 – Ripple’s XRP Movement – A substantial transfer of <a href="https://coinpedia.org/news/whales-move-25-million-xrp-analyst-predicts-further-drop-to-0-55-amidst-price-decline/" rel="noopener noreferrer nofollow">XRP</a> tokens to Bitstamp during a market dip raised speculations of a potential price drop amid ongoing lawsuit concerns and regulatory uncertainties.</li>
 <li>Dec 19 – Stablecoins’ Stagnation – Contrasting the dynamic crypto market, the total value of <a href="https://coinpedia.org/news/why-stablecoins-arent-riding-the-crypto-wave-report/" rel="noopener noreferrer nofollow">stablecoins</a> has remained relatively static, a trend highlighted in the SixdegreeLabs study.</li>
 <li>Dec 21 – Bullish Projections for Bitcoin – Reports suggest Bitcoin’s value could soar to $50K following an <a href="https://coinpedia.org/news/top-analysts-say-bitcoin-halving-and-spot-etf-hype-will-help-reach-btc-160k-mark-in-2024/" rel="noopener noreferrer nofollow">ETF approval</a>, with the 2024 halving event potentially pushing it to $160K. However, analysts advise caution against market volatility.</li>
 <li>Dec 22 – Fetch.ai’s Impressive Growth – <a href="https://coinpedia.org/news/fetch-ai-fet-price-eyes-new-ath-after-remarkable-620-yearly-growth/" rel="noopener noreferrer nofollow">Fetch.ai (FET)</a> has seen a remarkable 620% yearly growth, with projections indicating a potential new all-time high.</li>
 <li>Dec 22 – Solana’s Remarkable Surge – <a href="https://coinpedia.org/price-analysis/solana-is-unstoppable-after-eclipsing-xrp-bnb-for-a-while-a-fresh-rally-could-be-on-the-horizon/" rel="noopener noreferrer nofollow">Solana’s</a> recent performance has been nothing short of impressive, as it briefly entered the top 5 cryptocurrencies by market cap, surpassing XRP and Binance Coin (BNB).</li>
</ul>
<h2 class="wp-block-heading" id="h-other-notable-events">Other Notable Events</h2>
<ul>
 <li>Dec 18 – NFT Heist – Two major <a href="https://coinpedia.org/news/major-crypto-heist-strikes-flooring-protocol-and-nft-trader-millions-in-nfts-stolen/" rel="noopener noreferrer nofollow">NFT</a> platforms, Flooring Protocol and NFT Trader, suffered a combined loss of $4.54 million in NFTs due to a sophisticated cyber heist, underscoring security vulnerabilities.</li>
 <li>Dec 19 – Coinbase and Ripple’s Political Move – Coinbase and Ripple pledged <a href="https://coinpedia.org/news/crypto-industry-giants-pledge-78-million-to-fairshake-pac-for-2024-u-s-elections/" rel="noopener noreferrer nofollow">$78 million</a> to support pro-crypto candidates in the 2024 U.S. elections, aiming to shape favorable blockchain regulations.</li>
 <li>Dec 20 – Shiba Inu’s Web3 Initiative – Shiba Inu announced the launch of the ‘.shib’ domain for <a href="https://coinpedia.org/news/shiba-inu-announces-launch-of-shib-domain-for-shib-holders-bridging-web2-and-web3/" rel="noopener noreferrer nofollow">SHIB holders</a>, marking a significant step in bridging Web2 and Web3 technologies.</li>
 <li>Dec 21 – 3AC Founders’ Asset Freeze – The founders of the collapsed hedge fund <a href="https://coinpedia.org/news/three-arrows-founders-1-billion-asset-seized-from-bvi/" rel="noopener noreferrer nofollow">Three Arrows Capital</a> faced a global asset freeze, with $1.1 billion seized amid ongoing investigations.</li>
 <li>Dec 22 – Paxos’ Expansion to Solana – With regulatory approval, <a href="https://coinpedia.org/news/paxos-stablecoin-issuer-expands-to-solana-blockchain-with-regulatory-approval/" rel="noopener noreferrer nofollow">Paxos</a> is set to offer its stablecoin USDP on the Solana blockchain starting January 17, 2024.</li>
</ul>

Top Crypto News Roundup – Dec 18th to 23rd

Table of Contents

CoinPedia News

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