Quick Recap of Global and Crypto Market Trends in 1 Minute 15.12.2023

You can read the summary of markets report in 1 minute, which we have compiled daily important news about crypto money markets, global market news and domestic markets.

Cryptocurrencies

  • Coinbase International Exchange institutional customers will be able to trade Bitcoin and Ethereum with USD Coin starting December 14.
  • BONK sold the phone that was tried to be sold in Solanada. Arbitrage traders took phone sales to the top with the 30 million BONK token airdrop announcement offered to Saga phone owners. While the phone is priced at $599 at current prices, the BONK token value to be distributed is $700.
  • BONK, a Solana-based meme coin, will also be listed on Binance today at 11 am ET.
  • Hackers stole $484,000 by placing malicious code in the Github library of Connect Kit, a blockchain software managed by Ledger. This leak affected several major DeFi protocols that rely on the library.
  • He made a statement about the hacking attack and the code spread at Ledger Sushi. The cold wallet manufacturer announced that the malicious code was thrown from the Ledger Connect application, but also stated that Ledger wallets and another Ledger application, “Ledger Live”, were not affected by the attack.
  • It was revealed that the inter-chain communication protocol Cosmos allocated a budget of 26.4 million dollars next year to develop its ecosystem.
  • Bitwise senior research analyst Ryan Rasmussen claimed that Bitcoin is poised to reach an all-time high of $80,000 in 2024, and that stable tokens will handle more money transfers than payments giant Visa in the same year.
  • Developers of blockchain-based chess game Immortal Game are canceling play-to-win (P2E) and non-fungible token (NFT) features due to widespread cheating. Even though the marketplace and cheat systems are closed, NFTs
  • Former BitMEX CEO repeated his claim that Bitcoin will reach $1 million.
  • Blackrock fund manager Jeffrey Rosenberg, in his interview with Bloomberg on December 13, evaluated the FED’s suspension of interest rate hikes and signaling that there will be a rate cut next year as a “green light” for investors. S&P 500 increased by 1.37 percent upon this decision. had risen.
  • Today, a statement was made by Ledger company about the hack attack, which Sushi CTO warned by saying, “The entire DeFi world is in danger.” The cold wallet maker announced that the malicious code was thrown from the Ledger Connect application. However, it also stated that there was no problem with Ledger systems or the live application.

FED

  • According to the pricing in the money markets, the probability that the Fed will start reducing interest rates in March is 70 percent, and the probability that it will start in May is 95 percent.

Global Markets

  • Global markets follow a positive trend on the last trading day of the week, when the monetary policy decisions of major central banks are announced and the intense data agenda is followed.
  • The US 10-year bond interest rate, which fell to its lowest level since July 27 with 3.88 percent yesterday, completed the day with a decrease of 10 basis points at 3.92 percent. Currently, it is at 3.95 percent.
  • Yesterday, in the New York Stock Exchange, the Nasdaq index and the S&P 500 index increased by 0.19 percent and the S&P 500 index increased by 0.26 percent, and the Dow Jones index completed the day at the highest level of all time with a premium of 0.43 percent. Index futures contracts in the USA started the new day on a positive note.
  • While a positive trend stood out in Europe yesterday, excluding Germany, all eyes are on the leading PMI data to be announced across the region today.
  • After the US Federal Reserve (FED) left the policy rate constant on Wednesday, the European Central Bank (ECB) and the Bank of England (BoE) kept their interest rates unchanged yesterday.
  • On the other hand, the leaders of the European Union (EU) member countries reached an agreement on the 12th sanctions package against Russia, which will also include a diamond trade ban.
  • Yesterday, the DAX 40 index in Germany lost 0.08 percent of its value, while the MIB 30 index in Italy increased by 0.21 percent, the CAC 40 index in France increased by 0.59 percent and the FTSE 100 index in the UK increased by 1.33 percent. Index futures contracts in Europe started the new day with a positive trend.
  • A positive trend prevailed in Asian markets, except for China.
  • While the increasing risk appetite in global equity markets has also moved to Asia, the People’s Bank of China (PBoC) has provided more liquidity in the face of increasing cash demand in the market by keeping its basic policy interest rates unchanged.
  • A barrel of Brent oil is traded at $76.79 in international markets.

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