What happened last night...Cryptocurrency morning news for December 11th

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Graphic = Reporter Park Hye-su
Graphic = Reporter Park Hye-su
1. Microsoft, Shareholder Meeting Rejects Bitcoin Acquisition Proposal
At Microsoft's annual shareholder meeting, an idea proposed by the National Center for Public Policy Research (NCPPR) think tank to include BTC in the company's financial statements to increase corporate value was ultimately rejected. At Microsoft's annual shareholder meeting on the 11th, the proposal for corporate-level BTC acquisition put forth by NCPPR was rejected. While Michael Saylor appeared at Microsoft's annual shareholder meeting to persuade the company to acquire BTC, Microsoft's board of directors cited the company's investment philosophy and rejected the BTC acquisition proposal.

2. Ripple Stablecoin RLUSD Obtains New York License, "Launch Imminent"
Ripple's stablecoin RLUSD officially obtained approval from the New York Department of Financial Services (NYDFS) on the 10th. Ripple CEO Brad Garlinghouse stated through his X account that he will soon announce the listing of RLUSD on exchanges and partnership details.

3. Bitwise: "Bitcoin to Reach $200,000 Next Year"
In a report released on the 10th, asset manager Bitwise claimed that the prices of BTC and ETH will reach $200,000 and $7,000 respectively next year, citing factors such as institutional investment, corporate adoption, and regulatory evolution.

4. Chainlink Integrates with Coinbase's RWA Platform
On the 11th, Chainlink integrated with Coinbase's asset tokenization (RWA) platform 'Project Diamond'. Project Diamond is an RWA trading platform launched in Abu Dhabi, and through the integration with Chainlink, it plans to utilize Chainlink's blockchain connectivity protocol 'CCIP (Cross-Chain Interoperability Protocol)' to provide more seamless RWA trading.

Reporter Kwon Seung-won ksw@blockstreet.co.kr

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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