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🔴Bitrue Crypto News December 12, 2024. 1️⃣. Market Hotspots • Texas Eyes Bitcoin Reserve: A new bill filed by Texas State Representative Giovanni Capriglione proposes establishing a Strategic Bitcoin Reserve, reflecting increasing government interest in cryptocurrency adoption. • Australian Super Fund Enters Crypto: AMP, one of Australia’s largest super funds, allocated $27M to Bitcoin, marking a significant milestone for institutional adoption in the region. • Ethereum vs. Solana Ecosystem Rivalry: While Solana now leads in attracting new developers, Ethereum maintains its position as the global leader in overall developer activity, highlighting intense competition between the two ecosystems. • Shiba Inu Whale Dilemma: A whale revealed owning $5.7B in SHIB but struggled to sell without crashing the price, highlighting liquidity challenges for large holdings in speculative tokens. ➡️ Join the Bitrue English Community 📱 Telegram | 🔔 Announcement | 🕊 Twitter | 🎁 Bitrue Bonus

🔴Bitrue Crypto News December 13, 2024. 1️⃣. Markets Trends • Institutional Bitcoin ETF Momentum: U.S. spot Bitcoin ETFs have recorded inflows for 11 consecutive trading days, accumulating $4.8B. This consistent trend highlights strong institutional confidence in Bitcoin. • BlackRock Boosts Bitcoin Holdings: BlackRock’s $IBIT fund added $430.7M worth of Bitcoin on Dec. 12. The firm advocates a 2% Bitcoin allocation, likening its future role to gold as a tactical asset. • Ethereum’s DeFi Dominance: Ethereum’s total value locked (TVL) has reached a new all-time high, surpassing its December 2021 record, underscoring its continued leadership in the DeFi space. • Binance Leads Exchange Activity: Binance reported $21.6B in user deposits, outperforming the combined total of the next 10 largest crypto exchanges, reinforcing its dominant market position. ➡️ Join the Bitrue English Community 📱 Telegram | 🔔 Announcement | 🕊 Twitter | 🎁 Bitrue Bonus