SOL Back Above $90 After 596 Days | Cryptocurrency Trends

1. Mainstream Exchange Trends:

• Kraken lists Jito (JTO).
• Bitget lists Silly Dragon (Silly) in its Innovation Zone and Meme Zone.
• Bitget lists Bitcoin Cats (1CAT) in its Innovation Zone, GameFi Zone, and BTC Ecosystem Zone.

2. Cryptocurrency Trends:

• SOL returns to the $90 m ark after 596 days and is currently trading at $92.27, up 12.86% in 24 hours.
• The UniSat team announces a specific timeline for the launch of ARC-20 assets. Due to the technical complexity and additional security considerations encountered during development, UniSat decided to roll out Atomicals in phases, starting with support for ARC-20 assets.
• Prometheum Inc. announces that it has received approval under the U.S. Securities and Exchange Commission (SEC) regulations and will soon be testing a viable crypto platform fully compliant with SEC regulations.
• The total fee income from the minting of Ordinals inscriptions exceeds 4,617 BTC, or approximately $201,685,970, with a current total of 50,080,325 minted inscriptions.
• Three Arrows Capital (3AC) liquidation firm Teneo estimates that creditors can recover about 45.74% of their assets from the bankruptcy.
• According to official news, KUN, a leading enterprise-level Web3 transaction service provider, completes its first full-link transaction for enterprise customers, marking the official commercialization of KUN SPACE, the enterprise-level Web3 payment platform jointly built by KUN and HashKey.
• Ordinals development platform TurtSat announces a strategic partnership with DWF Labs. Both parties will provide comprehensive support to open-source Ordinals projects and ecosystem builders in the development of the Ordinals infrastructure.
• Bounce Launchpad announces "Two Birds, One Stone" launch of the Ladder Protocol, an NFT AMM protocol, and Bitswap, a cross-chain transaction protocol for the Bitcoin ecosystem.

3. Financing Trends:

• Moove Protocol, an NFT platform built by Two3 Labs and CowCow, announces the closing of a seed round led by Morningstar Ventures, with participation from ZBS Capital, Alpha Protocol Ventures, Let's Go Ventures, NXGen, Antiga Capital, and renowned angel investor Vijay Pravin Maharajan (bitsCrunch).
• Medallion, a Web3 artist platform, announces it has raised $13.7 million in Series A funding co-led by Dragonfly and Lightspeed Faction.

4. Regulatory Trends:

• Cryptocurrency exchange Coinbase secures crypto license in France.
• Circle announces that it has received conditional registration as a Digital Asset Service Provider (DASP) with the French Financial markets Authority.
• On December 21, a court in the British Virgin Islands ordered a global freeze of up to $1.144 billion in assets of 3AC's co-founders, according to market sources.