As we prepare to leave another week behind, Bitcoin and the altcoin space do not pause. In the dynamic field of cryptocurrencies, investors are always watching for the next developments. In this article, we will tell you about some of the developments that will take place over the weekend. Here are the details…
There are critical developments for altcoin projects
- Oxbull Tech will sell Ivendpay today
- NEAR is ending its Stargate integration vote today.
- Gods Unchained will reduce the odds on Legendary cards.
- Altcoin Bounce (AUCTION) held a question and answer event today. Bounce Brand has announced details of the AMMX LaunchPad Project. 1.05 billion AMMX will be allocated to 3 BOUNCE pools, jointly driven by NFT AMM Protocol, Ladder Protocol, and Bitswap, a cross-trading protocol in the Bitcoin ecosystem.
- KRYZA Network will increase Bitcoin rewards given to investors holding KRN by several folds.
- XT.COM lists Decimated (DIO) tomorrow.
- Stronghold kicks off its 2023 governance vote tomorrow.
- DEGO is ending its vote to stop taxes in the transfer process tomorrow.
- LayerAI is launching its Marketplace tomorrow.
- 0x Protocol (ZRX) is ending its Z-11 Grant proposal tomorrow.
- Altcoin Credefi (CREDI) is launching the XCREDI Bond tomorrow.
- Sovryn (SOV) is holding the SIP-0071 vote tomorrow.
- On December 23, Options and Perpetual Futures Contract Protocol AEVO announced that its weekly active users have tripled in the past few weeks, that it will increase scalability and platform stability, and will launch more market makers in 2024.
- On December 23, RPG chain game Illuvium officially released an update to its 2024 roadmap on social media, with the testnet launching as the primary target. It is currently integrating blockchain technology, finalizing the IMX transition and completing the gas exchange.
- According to official news on December 23, Tonup, the Launchpad platform of the Ton ecosystem, announced the completion of a private financing round. This funding round was invested by Antalpha, Mexc Venture, Waterdrip Capital, New Tribe Capital, NXGen Capital, Mixmarvel Dao Venture, Y2Z venture and industry individual investors, and the specific funding amount has not yet been disclosed.
What is the latest situation in the market?
Meanwhile, the altcoin and BTC world was active last week. The primary cryptocurrency has had a shaky start to the business week, as it fell to $40,500 on Monday. However, this was short-lived as the bulls quickly intervened and spurred a price surge that took the asset above $43,000 the next day. Another pullback came, followed by another leg that pushed BTC to $44,000 on Wednesday. He was unable to sustain his run, but went on the offensive once again on Friday. This time, the cryptocurrency charted its highest price tag since December 9 at $44,400.
However, this was a false break. Bitcoin immediately lost momentum and returned to $43,500, where it now stands. Its market cap remains at just over $850 billion, and its dominance over altcoin projects has now gained a traction of 51.5%.
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