According to ChainCatcher, the recent "2024 New Transaction Support Virtual Asset Status Analysis Report" released by AppiLab, South Korean local exchanges have launched a total of 266 cryptocurrencies so far this year. Among them, overseas cryptocurrencies account for 88%, totaling 233, while local cryptocurrencies number 33, making up only 12%.Specifically, the exchanges with the highest number of overseas cryptocurrencies launched are Bithumb and Coinone, each launching 79. Gopax has launched 35, which is less than half of Bithumb and Coinone.On the other hand, Gopax is the exchange with the highest number of local cryptocurrencies launched, totaling 24. Bithumb has launched 4, Korbit has launched 3, Coinone has launched 2, while Upbit has not launched any local cryptocurrencies so far this year.

ChainCatcher message, CoinGecko data shows that the total cryptocurrency market capitalization has dropped to $3.43 trillion, with a 24H decline of 2.1%.In addition, BTC market share is 55.0%, ETH market share is 11.6%, and Ethereum Gas fee is 3.658 GWEI.

ChainCatcher news, according to Walter Bloomberg, the Governor of the Central Bank of Russia, Nabiullina, stated that we do not intend to invest in cryptocurrencies.

ChainCatcher message, the total market capitalization of cryptocurrencies has fallen below $3.4 trillion, currently reported at $3.399 trillion, with a 24-hour decline of 9.4%; the current Bitcoin market capitalization has dropped to $1.88 trillion, with a market share of 55.6%; Ethereum's market capitalization has decreased to $396 billion, with a market share of 11.6%.

ChainCatcher news, CoinGecko data shows that the total market capitalization of cryptocurrencies has fallen to $3.71 trillion, with a 24H decline of 4.2%.In addition, BTC market share is 54.6%, and ETH market share is 12.0%.

ChainCatcher news, Bitwise Chief Investment Officer Matt Hougan expressed his views on X, detailing why he believes the current bullish trend in the cryptocurrency market will continue.Despite the Federal Reserve's latest policy statement causing a short-term shock to the market—reducing next year's rate cut expectations from 4 times to 2 times—Hougan believes this is merely a brief interlude in the bull market process. He pointed out that the cryptocurrency market has developed an endogenous momentum independent of Federal Reserve policy, with four core trends continuously driving industry development:Washington's regulatory attitude has clearly shifted to a more supportive stance.Institutional investors are entering the market at an accelerated pace, with ETF funds continuing to flow in.Government and corporate entities are strategically increasing their Bitcoin holdings.Breakthroughs in programmable blockchain technology.From a technical perspective, Bitcoin's 10-day exponential moving average (approximately $102,000) continues to stay above the 20-day moving average (approximately $99,000). Hougan stated that this classic technical indicator has historically reflected market trends well.Hougan emphasized that the cryptocurrency market is in a new multi-year bull market cycle, and he expects that a 50bps rate cut will not change this.

ChainCatcher news, CoinGecko data shows that the total market capitalization of cryptocurrencies has reached $3.93 trillion, with a 24H increase of 1.7%.In addition, BTC market share is 53.6%, and ETH market share is 12.2%.

ChainCatcher news, the Blockchain Association stated that the elected President Trump attended the Blockchain Association's annual gala and delivered a speech: he affirmed the efforts of the Blockchain Association for cryptocurrency legislation in the United States; he mentioned that real use cases like DePIN legitimize cryptocurrency and place it on the legislative priority list; he promised to ensure that Bitcoin and cryptocurrency thrive in the United States.

ChainCatcher news, according to CoinDesk, the UK's Financial Conduct Authority (FCA) released a document on Monday revealing plans to ban public offerings of cryptocurrencies. The government will prohibit unregistered cryptocurrency companies from engaging with UK customers through new legislation, unless they are trading platforms or products that meet exemption criteria.The document also seeks industry feedback on aspects such as market access, information disclosure, and market abuse regulation, as part of preparations for a comprehensive cryptocurrency regulatory framework. The FCA has been closely monitoring the crypto industry since 2020 and assessing its anti-money laundering compliance. A draft of the new regulatory regime is expected to be published next year, with plans for implementation in 2026.The FCA aims to ensure that consumers have sufficient information to make informed decisions by collecting industry feedback and to reduce fraud through market abuse regulation.

ChainCatcher news, according to reports from Huigangtong, Hong Kong listed company Jingji Financial International (01468) announced the establishment of an Investment Committee, effective from December 15, 2024. The establishment of the Investment Committee aims to improve operational efficiency and strengthen investment decision-making and risk management processes, especially considering the group's strategic focus on cryptocurrencies and related technologies.The Investment Committee will be responsible for reviewing appropriate transactions, investment strategies, and the management of virtual assets (crypto assets), and will provide recommendations to the Board of Directors. In addition, the Investment Committee will evaluate, approve, and propose various investment opportunities presented by the group's management team. Furthermore, the Board of Directors may regularly appoint professional investment and/or financial advisors with relevant expertise to assist the Investment Committee in effectively fulfilling its responsibilities.

ChainCatcher news, Hong Kong listed company Jingji Financial International announced the exploration of new business and investment opportunities to generate positive returns. An investment committee will be established effective December 15 to invest in cryptocurrencies. This committee will be responsible for reviewing appropriate transactions, investment strategies involving virtual assets (crypto assets), and the management of such assets, and will provide recommendations to the board of directors.Jingji Financial International stated that incorporating cryptocurrency investments into the group's asset allocation and green energy-oriented investment strategy in green energy and artificial intelligence will enhance the overall financial condition of the group.

ChainCatcher news, Alipay officially refuted on X that "Alipay supports the purchase of cryptocurrencies" is false information.Previous news, according to community users, some users in mainland China recently received promotional ads for cryptocurrency funds on the Alipay homepage, stating "Global investment, cryptocurrency soaring, start investing from 10 yuan, get on board now." After verification, the fund is Huabao Overseas Technology C (QDII-FOF-LOF), which is a compliant investment model for overseas assets, indirectly holding Coinbase stocks and ARK Invest Bitcoin spot ETF. Currently, each person is limited to purchasing 1,000 yuan per day.

ChainCatcher news, according to Reuters, Italy's ruling party stated on Tuesday that after criticism from affected industries and internal debates within the Minister of Economy's party, Italy will scale back its plans to increase capital gains tax on cryptocurrencies. Giulio Centemero, a member of the ruling League party, and Deputy Minister of Finance Federico Freni said in a statement: "During the parliamentary work, the tax increase will be significantly reduced."Previously, according to the country's 2025 budget, which is set to be approved by parliament by the end of December, the Ministry of Finance intended to raise the capital gains tax rate on cryptocurrencies like Bitcoin from 26% to 42%. However, the League party stated that this move could promote the development of the shadow economy. On Tuesday, Centemero and Freni said: "Do not hold biases against cryptocurrencies anymore." Political sources indicated that the government may even decide to maintain the tax rate at 26%.

ChainCatcher message, CoinGecko data shows that the total market capitalization of cryptocurrencies has fallen below $3.7 trillion, currently reported at $3.658 trillion, with a 24H decline of 5.9%.

ChainCatcher news, according to Bloomberg, due to Donald Trump's choice of a cryptocurrency-friendly financier as the head of the U.S. top financial regulatory agency, the rise of cryptocurrencies has made a few companies that mimic MicroStrategy's convertible bond sale strategy winners. These companies have followed MicroStrategy Inc.'s strategy of raising funds through the sale of convertible bonds to purchase Bitcoin.Investors have flocked to companies connected to the industry, opening the floodgates for financing. The $6.2 billion convertible bonds issued by MicroStrategy this year are just the beginning, as part of its latest plan to raise $21 billion through fixed-income issuance. Other companies have also followed this trend, with MARA Holdings Inc. selling over $2 billion in assets (also to purchase Bitcoin), while Core Scientific Inc. has raised over $1 billion so far this year.

ChainCatcher message, Greeks.live researcher Adam posted on social media that the crypto market is booming, with ETF inflows maintaining their trend, and both BTC breaking the $100,000 and ETH breaking the $4,000 integer levels. This week, there are important data releases for CPI and the European Central Bank's interest rates, but recently cryptocurrencies have been moving independently, with limited impact from the macro market. The flow of funds into ETFs and crypto-related US stocks is worth paying close attention to.Bitcoin has successfully broken through $100,000, with altcoins experiencing a comprehensive rotation and multiple mainstream coins seeing several-fold increases. Market capital inflow is strong, and bulls are very aggressive in this spot bull market.The options market is relatively stable, and large trades and market interest rates are worth monitoring. Currently, the implied volatility (IV) for major expirations is at a relatively low level, and short-term IV has significantly declined. With the bull market in full swing, it is a good opportunity to buy options.In terms of the crypto interest rate market, Bitfinex's interest rate market has been relatively stable recently, and suitable interest rate orders can be actively executed, especially during market movements, which is particularly worth paying attention to.

ChainCatcher news, according to The Block, executives from 21Shares, Coinbase, and SkyBridge Capital discussed the topic of cryptocurrency entering the mainstream this year at the Emergence conference on Friday.Hany Rashwan, co-founder and CEO of 21Shares, stated on Friday: "We haven't seen such a turning point in the global order for a long time. The status of the dollar as a reserve currency is under threat. We have seen this from euro bonds and the oil crisis, and we have weathered these challenges. Therefore, we may be entering a period of 5 to 20 years during which many will make significant moves, and we will wait to see how it turns out."Daniel Seifert, Vice President and Regional Managing Director for Europe, the Middle East, and Africa at Coinbase, said: "A large number of well-known companies and institutional participants from the United States have poured all their efforts into this project and activated the distribution network here." SkyBridge Capital's Head of Research, John Svolos, noted that the rising adoption rate of stablecoins has also driven overall demand for cryptocurrencies.

ChainCatcher message, Bank of America strategist Michael Hartnett stated that the strong rebound in U.S. stocks and cryptocurrencies makes these asset classes appear to be in a bubble.According to data compiled by institutions, the price-to-book ratio of the S&P 500 index soared to 5.3 times in 2024, close to the peak of 5.5 times reached during the tech bubble in March 2000. Hartnett noted that if the S&P 500 index approaches 6666 points, which is about 10% higher than current levels, the risk of "overshooting" in early 2025 is very high. The bank's bull-bear indicator has yet to show signs of prosperity among global investors.