tl;dr

Market Movements: • Bitcoin price decline and relation to US manufacturing data and the dollar index.• Potential impact of over $171M of SOL transfers to Coinbase on the SOL price.• Upcoming 92.65 Million Arbitrum token unlock and its impact on the cryptocurrency market.Industry Developments: • Worm...

Market Movements:
• Bitcoin price decline and relation to US manufacturing data and the dollar index.
• Potential impact of over $171M of SOL transfers to Coinbase on the SOL price.
• Upcoming 92.65 Million Arbitrum token unlock and its impact on the cryptocurrency market.

Industry Developments:
• Wormhole launching its W token and its significance for cross-chain protocols. A far cry from 2022 when they were hacked for hundreds of millions.
• Solareum, a Telegram trading app, shutting down after a security breach leads to $523K stolen.
• April's anticipated events in the crypto industry, including block reward halvings and regulatory decisions.
• $1.2B outflow from Coinbase potentially indicating institutional accumulation.
• Thailand's leading crypto exchange Bitkub planning an IPO.
• Singapore's central bank introducing new crypto regulations: user protection and financial stability-related requirements on digital payment tokens or cryptocurrency service providers.
• Leading crypto options exchange Deribit receiving a license in Dubai.
• Vitalik Buterin's views on Layer 3 networks basically says they can work, but there are better ways.
• TRON Foundation's legal battle with the SEC: Justin Sun requests the case be thrown out.

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 22 Dec 24
 22 Dec 24
 22 Dec 24