Sygnum Bank, an asset management company focused on cryptocurrencies, released a report on December 12, showing that a surge in institutional capital inflows could trigger a Bitcoin (BTC) "demand shock" in 2025, which could lead to a surge in BTC prices. Sygnum said in its "Crypto Market Outlook 2025" report that institutional capital flows have already had a "multiplier effect" on BTC's spot price, with every $1 billion in net inflows into spot exchange-traded funds (ETFs) driving prices up by about 3-6%. This dynamic is expected to accelerate in 2025 as large institutional investors, including sovereign wealth funds, endowments, and pension funds, increase their Bitcoin allocations. Sygnum added that this trend will only extend to copycat cryptocurrencies if the United States passes laws that support cryptocurrency adoption. Among them, the proposed Financial Innovation and Technology Act of the 21st Century (FIT21) and the Payment Stablecoin Act are particularly important for cryptocurrencies.

According to PANews, Swiss cryptocurrency bank Sygnum has released its '2025 Crypto Market Outlook Report,' suggesting that the year 2025 could mark a significant turning point for the cryptocurrency market. The report anticipates that the continued influx of institutional investor funds, an improved regulatory environment, and the potential inclusion of Bitcoin in sovereign wealth funds and central bank reserves will drive cryptocurrency prices upward. The report highlights a shift in the stance of the U.S. government and regulatory bodies towards a more favorable outlook for cryptocurrency development. This regulatory improvement is expected to particularly benefit altcoins. However, the report also warns of potential risk factors that could limit market growth, such as inflationary pressures, tightening liquidity cycles, and the memecoin bubble. Furthermore, the report notes that innovation at the infrastructure level has become a focal point for the industry. While Ethereum faces challenges, emerging public blockchains are showing strong performance. Additionally, the report points out that the ability of private entities to capture project revenues and the lack of user growth for certain applications are also hindering the performance of altcoins.

According to Cointelegraph, El Salvador has entered into a mutual agreement with Argentina to enhance their digital asset sectors. This collaboration was formalized on December 11, when Juan Carlos Reyes, president of El Salvador's National Commission of Digital Assets (NCDA), and Roberto Silva, president of Argentina’s National Securities Commission (CNV), signed the agreement. The initiative aims to leverage El Salvador's technological expertise and Argentina's innovative blockchain industry to create a productive partnership. Reyes emphasized El Salvador's three-year lead in digital asset regulation, noting that one of the immediate benefits of the agreement will be the sharing of information, especially since Argentine companies are already registered in El Salvador. The partnership is expected to refine El Salvador's regulatory framework and deepen its understanding of the digital assets market. Reyes also revealed ongoing discussions with over 25 countries for similar crypto-focused partnerships, highlighting El Salvador's unconventional approach as a regulator, which differs from traditional central banks or legacy entities. To facilitate these international collaborations, El Salvador has assembled a team of over 20 Bitcoin and crypto experts. Reyes advised against delaying the establishment of regulations and urged adherence to Financial Action Task Force (FATF) recommendations to prevent scams and money laundering. He mentioned that El Salvador is close to finalizing two more agreements with other countries, reaffirming the team's commitment to assisting any nation interested in collaboration. Reyes concluded by stressing the importance of cross-border knowledge sharing to create a safe and effective regulatory environment, encouraging other regulators to adopt this approach.

OpenAI’s ChatGPT experienced a global outage on December 12, leaving many users unable to access the platform.

Explore EigenLayer’s re-staking ecosystem with the Rollup team.

According to the official announcement, Binance is expected to suspend the token recharge and withdrawal services of the aelf (ELF) network at 17:00 (Eastern Time) on December 25, 2024 to support its network upgrade. This move is aimed at providing users with a high-quality experience. The project will upgrade the network at block height 248,832,789 (estimated at 18:00 Eastern Time on December 25, 2024).

Binance, the world’s largest cryptocurrency exchange, and stablecoin issuer Circle Internet Financial have partnered to help more people use USD Coin (USDC). This partnership shows how important stablecoins are in today’s fast-growing crypto economy. It also highlights the efforts of these two companies to promote innovation and build trust in the cryptocurrency industry. Binance and […] The... source: https://www.thecoinrepublic.com/2024/12/12/binance-and-circle-partners-to-boost-usdc-adoption-details/

According to Odaily, Meta Platforms CEO Mark Zuckerberg has made a significant donation of $1 million to former President Donald Trump's inauguration fund. This contribution marks a notable step in strengthening the relationship between Zuckerberg and Trump. The donation is seen as part of Zuckerberg's broader efforts to engage with political figures across the spectrum. While the motivations behind this particular donation remain undisclosed, it highlights the ongoing interactions between major tech leaders and political entities. This move could potentially influence future collaborations or discussions between Meta Platforms and political stakeholders. Zuckerberg's donation comes at a time when tech companies are increasingly under scrutiny for their political affiliations and influence. As Meta continues to navigate its role in the political landscape, contributions like these may play a role in shaping its public and political relationships. The implications of such donations are yet to be fully understood, but they underscore the complex dynamics between technology leaders and political figures.

According to Odaily, Meta Platforms CEO Mark Zuckerberg has made a significant donation of $1 million to former President Donald Trump's inauguration fund. This contribution marks a notable step in strengthening the relationship between Zuckerberg and Trump. The donation is seen as part of Zuckerberg's broader efforts to engage with political figures across the spectrum. While the motivations... source: https://www.binance.com/en/square/post/17450664545745?utm_source=BinanceNewsRSS

According to PANews, the Sui ecosystem's decentralized exchange (DEX) has surpassed a total trading volume of $35 billion. In a remarkable achievement, the DEX also set a new record with over $466 million in trading volume within a 24-hour period. This milestone highlights the growing activity and interest in the Sui ecosystem, reflecting its expanding influence in the decentralized finance sector. The significant trading volumes underscore the platform's potential and the increasing adoption of decentralized exchanges in the broader cryptocurrency market. As the Sui ecosystem continues to evolve, these developments are indicative of its robust performance and the confidence of its user base in the platform's capabilities.

According to PANews, the Sui ecosystem's decentralized exchange (DEX) has surpassed a total trading volume of $35 billion. In a remarkable achievement, the DEX also set a new record with over $466 million in trading volume within a 24-hour period. This milestone highlights the growing activity and interest in the Sui ecosystem, reflecting its expanding influence in the decentralized finance... source: https://www.binance.com/en/square/post/17451298197970?utm_source=BinanceNewsRSS

イーサリアム、オンチェーンデータから史上最高値更新を予想 仮想通貨市場のオンチェーンデータを提供している「CryptoQuant（クリプトクワント）」は、イーサリアムが今後史上最高値を更新する可能性について分析した。 同 […] source: https://jinacoin.ne.jp/eth-analysis-20241212/

MicroStrategy founder and chairman Michael Saylor is a long-time Bitcoin enthusiast. His company has made headlines for hoarding the world's largest cryptocurrency.

On 11 December at 11:07 PM UTC, ChatGPT faced a global outage, sparking frustration and memes on X. As functionality slowly returns, the incident prompts a vital question: are we ready for the challenges of growing AI dependency?

It has been 11 months since the US spot Bitcoin ETF was listed on January 11. How has the BTC ETF developed?

Travala announced a Bitcoin and Ava reserve after surpassing $100 million in annual revenue, driven by crypto-based travel bookings. The reserves aim to strengthen financial flexibility and support future growth without converting digital assets.

Overnight, BTC gained momentum again and reached $100,000. Some netizens found that the top 50 altcoins and meme coins that hit new highs in the last bull market, i.e. 2021-2022, did not outperform BTC in terms of market capitalization.

People frequently search for general concepts like “crypto,” “blockchain,” and “token.” Unsurprisingly, the volume of searches for these keywords is directly proportional to the upward movement of the market.

Google introduced Gemini 2.0, its most advanced multimodal AI, designed for versatile tasks with unmatched capability. Wider access is planned for next year, marking a leap in AI innovation.

A Florida mother sued Character.AI, claiming its chatbot encouraged her son's suicide, sparking broader concerns. Two Texas families have now filed lawsuits, alleging the app harmed their children through psychological abuse and exposure to sexualised content.