FameEX Morning Crypto News Recap | December 26, 2023

SEC Announces December 29 as the Deadline for Spot Bitcoin ETF Update Submissions

The United States Securities and Exchange Commission has set a December 29 deadline for spot Bitcoin ETF applications. Applicants who don't comply by this date may not be considered for the initial batch of approvals, anticipated in early January. This leaves them with a limited timeframe to finalize their submissions for these potentially groundbreaking ETFs.

25 Nations Enacted Stablecoin Regulatory Laws in 2023

According to the PwC Global Crypto Regulation Report 2023, published on December 19, 25 countries had implemented stablecoin legislation or regulatory measures by 2023. This includes nations like Austria, The Bahamas, Denmark, Estonia, Finland, France, Germany, Greece, Japan, Luxembourg, Portugal, Spain, Sweden, and Switzerland, as outlined in PwC's extensive regulatory analysis and evaluation.

Sotheby's Achieves $35 Million in Revenue from Digital Art in 2023

Sotheby's, the esteemed fine arts auctioneer, marked 2023 with close to $35 million in sales from digital art. Michael Bouhanna, the vice president and digital art leader at Sotheby's, described the year as exceptionally thrilling for the digital art sector, emphasizing the remarkable achievements and expansion in this burgeoning field.

Bill Gates Asserts AI's Capacity to Forge a 'More Equitable World'

Bill Gates, Microsoft's co-founder, recently expressed his vision for AI in the next year, stating that AI could help shape a "more equitable world." He highlighted the need for AI solutions, particularly in the global health sector, to be better tailored to the specific requirements of end-users, stressing the significance of customizing AI products to suit the people who will use them.

Tim Draper Foresees Bitcoin's Value Soaring to $250,000 by 2024

Tim Draper, a prominent venture capitalist, has reiterated his bold forecast for Bitcoin, projecting it will surpass $250,000. He believes this significant financial threshold might be reached earlier than anticipated, and once it is achieved, he expects Bitcoin's value to climb even further, exceeding the initial $250,000 prediction.

Bitcoin Achieves Unprecedented Peaks: Christmas Eve Witnesses All-Time Highs in Daily Transactions and Hashrate

Bitcoin set a new daily transaction record on December 24, 2023, with a staggering 723,459 transfers confirmed by miners in a single day. This rate, achieved on Christmas Eve, broke the previous record of 710,579 verifications from November 19, 2023, establishing a fresh high in the cryptocurrency's transactional activity.

Disclaimer: The information provided in this section is for informational purposes only, doesn't represent any investment advice or FameEX's official view.​