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Bitcoin briefly cleared the 100k mark after overcoming December’s sell pressure, though it has since pulled back to 95k. No major crypto-specific drivers are expected until after Trump’s January 20 inauguration, which could spark mild optimism if crypto plans are mentioned. Regulatory advances in 2024 set the stage for potentially game-changing developments in 2025, likely cementing digital assets in mainstream finance. Key macro data and potential liquidity injections in January may create near-term trading opportunities.
Backpack clarified that it purchased FTX EU from the “former insiders” who bought the entity from the FTX bankruptcy estate.
CySEC also approved the deal last month.
Standard Chartered has secured a digital asset custody license in Luxembourg, establishing its EU regulatory entry point under MiCA.
The bank appointed former Société Générale executive Laurent Marochini as CEO of the Luxembourg entity.
Binance Futures will launch the following quarterly 0627 delivery contracts for U-based and coin-based contracts within a few hours after the expiration of the quarterly 1227 delivery contracts on December 27 at 16:00 U.
Coinbase International has launched COW perpetual contracts. COW-PERP market limit, market, stop loss, and stop loss limit orders are now all available.
Binance will delist the following trading pairs on December 10, 2024: GFT/USDT, IRIS/BTC, IRIS/USDT, KEY/USDT, OAX/BTC, OAX/USDT, REN/BTC, and REN/USDT. Additionally, Binance Futures will close all positions and automatically settle the KEYUSDT and RENUSDT USDⓈ-M perpetual contracts on December 3, 2024 at 09:00 (UTC). After the settlement is completed, the contracts will be delisted.
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