Turkey’s crypto law is ready for parliament
In an effort to counter the falling value of the Turkish lira, Turkey’s President Recep Tayyip Erdoğan shared plans to implement a new economic model while speaking at a press conference in Istanbul.
President Erdoğan has reportedly confirmed the completion of a crypto law draft that will soon be shared with the Parliament for mainstream implementation in the country.
Dogecoin publish roadmap first time in project’s history
Aside from the renovation of the Dogecoin.com site, eight projects will be gradually implemented. Among them will be Libdogecoin and GigaWallet.
Libdogecoin will be a full implementation of Dogecoin Protocols, which anyone will be able to use to construct their own product compliant with Doge. The GigaWallet will enable devs to add DOGE payments to their apps via an API solution.
Top 03 daily gainers
$GTC: +58.42%
$OOKI: +45.05%
$FLUX: +30.05%
GTC, the governance token of Gitcoin – the platform that supports the new infrastructure for Web3, is currently at the top of the ONUS chart, with a growth of 58.42%. Currently, the top 3 assets in the chart, GTC, OOKI & FLUX are also in the Top Trending.
Over $120 billion pours into crypto market in a day as Bitcoin reclaims $51k
Over the course of 24 hours, the crypto market capitalization rose from $2.26 trillion to a current $2.38 trillion, representing a gain of more than $121 billion as Bitcoin (BTC) soared beyond $51,000 on December 24.
ETH whale hoards nearly 54 billion SHIB
According to WhaleStats, an ETH whale has bought nearly 54 billion SHIB, equivalent to $2 million.
Just 1.3 million Bitcoin left circulating on crypto exchanges
According to CryptoRank, just 6.3% of the total Bitcoin supply, equivalent to 1.3 million BTC, is held on cryptocurrency exchanges. The 6.3% December figure is the lowest recorded in 2021.
SHIBA INU net flow increases by more than 500%
SHIBA INU is continuously moving in the recovery phase after losing 70% of its value since reaching the ATH at the end of October.
More traders have decided to enter SHIB and open new positions that cause a strong net flow increase, which prompted buying power to present on the SHIBA INU market.
Bitcoin above $51,000 despite the U.S. SEC rejecting two Bitcoin spot ETFs
Bitcoin is trading 6.05% up despite the U.S. Securities and Exchange Commission (SEC) rejecting two Bitcoin spot ETFs. Bitcoin is currently trading at a price of $51,174 with a market cap of $969 billion.
Decentralized exchanges saw over $1 trillion in trading volume this year
Decentralized exchanges (DEXs) reported more than $1 trillion in trading volumes in the year 2021, according to The Block Research. That figure is a massive 858% increase compared to 2020 DEX trading volumes, based on data as of December 23.
PwC Hong Kong buys land in the Sandbox
PwC Hong Kong, the subsidiary of the Big Four accounting company, has purchased virtual land in The Sandbox, an Ethereum-based VR and Metaverse platform.
PwC Hong Kong intends to construct a Web 3.0 advisory hub to facilitate a new generation of professional services, including accounting and taxation.