BREAKING: Bitcoin Price Loses $1,200 in a Day, Binance Buys Stake, A Binance Acquires A Stake In NXT

Daily Market Update 12/19: BTC is currently trading around 16,700 and ETH around 1,200. Notable gainers in the last 24 hours are XDC, RUNE, and IMX

The global crypto market cap is ~840B, down ~0.2% over the last day. DeFi Total Value Locked is ~40b and BTC dominance is around 42%

Kazakhstan’s central banks recommended a phased CBDC rollout between 2023-2025; Argentina’s San Luis province revealed plans to issue a USD-pegged stablecoin

@binanceUS agreed to buy Voyager’s assets for 1.02b; Binance finalized the acquisition of Indonesian crypto trading firm Tokocrypto

For other notable news of the day, check out the full crypto market summary here:

Daily Market Update: Dec 19, 2022 – GSR Markets

This post is based on this twitter thread.