Last December in particular and 2020 in general was a historic time for Bitcoin and the entire crypto market. From the difficult first half of the year with a lot of turmoil caused by the COVID-19 pandemic and global geopolitical changes, crypto has had a "very strong comeback" in the second half of 2020.
Starting with the rise of the DeFi wave, the market's growth trend has been followed at breakneck speed thanks to the participation of major institutional investors in Bitcoin following the halving event, bringing the value of BTC. to a new ATH peak of $ 33,300.
1. Head News??:
- Bitcoin (BTC) hit a new PATH at $ 33,300, making it the top 10 assets with the largest market capitalization in the world.
The wave of delisting / discontinuing XRP support continues, with the latest institutions saying goodbye to XRP after being sued by the SEC for securities last week including: Coinbase, OKCoin, Binance.US, Grayscale.
The COVER Protocol project was attacked, the circulating supply was inflated to "40 billion billion".
Bittrex suddenly delisted Monero (XMR), Zcash (ZEC) and Dash (DASH) - Is the end of anonymous coins coming?
2. Altcoin:
- Ethereum exceeded $ 700 for the first time since 2018.
- Binance announced delisting old COVER, "hooked up money" to compensate users.
- FTX launches to predict the results of the America's Super Bowl Super Cup.
- Grayscale sold off the majority of XRP and XLM asset funds.
3. DeFi:
- Polkadot was "suddenly" promoted by CZ Binance, DOT's price skyrocketed.
- Andre Cronje started a new project called yCredit, but was quickly found out with flaws.
4. Investment from large organizations:
- The supply of BTC in the market at this time is said to be extremely scarce, as investment institutions continue to have many moves to "consolidate" in December.
- Grayscale continued to buy up to 72,950 BTC ($ 2.1 billion) in December, triple the number of Bitcoin mined
- BlackRock, the world's largest investment fund management group, plans to invest in Bitcoin and Ethereum.
- Greenpro revealed plans to set up a Bitcoin investment fund worth $ 100 million.
- SkyBridge Capital Fund has invested $ 182 million in BTC in December.
- VanEck is once again submitting the Bitcoin ETF application to the SEC.
5. Receive Cryptocurrencies:
- Elon Musk asserted that the economy on Mars will be powered by cryptocurrency.
- American football superstar Russell Okung receives a salary in Bitcoin.
