What Happened Last Night... Cryptocurrency Morning News for December 15th

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Source: Blockstreet reporter Ha-yeon Jeong
Source: Blockstreet reporter Ha-yeon Jeong
1. Standard Chartered and Coinbase Expand Institutional Cryptocurrency Infrastructure
On the 14th, Standard Chartered expanded its collaboration with Coinbase to build cryptocurrency financial infrastructure for institutional clients, including trading, custody, and staking. This partnership aims to expand the institutional cryptocurrency market, integrating the custody capabilities of a global bank with the institutional platform of an exchange, while maintaining regulatory compliance.

2. XRP bullish sentiment expands, ETF fund inflow continues.
XRP attracted growing investor interest on the 14th, with bullish sentiment outpacing bearish sentiment. On the same day, the XRP exchange-traded fund (ETF) saw an inflow of $20.1 million (KRW 29.6877 billion), continuing its 19th consecutive trading day of net inflows.

3. Bitcoin's 4-Year Cycle: Politics and Liquidity Drive It
Markus Thielen of 10x Research analyzed on the 14th that Bitcoin's (BTC) four-year cycle is still in place, but the U.S. election and global liquidity flows are more influential than the halving. Thielen assessed that with limited Fed policy signals and capital inflows, Bitcoin is more likely to continue a range-bound correction than a short-term surge.

Reporter Jeong Ha-yeon yomwork8824@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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