DeepNewz

TradFi & Fintech
Deutsche Bank's $1.5 Trillion Project Dama 2 Develops Ethereum L2 with ZKsync for Regulatory Oversight
Deutsche Bank, valued at $1.5 trillion and Germany's largest bank, is developing a Layer 2 blockchain on Ethereum

Markets
Analysts Predict Bitcoin Could Reach $200,000 by 2025, VanEck's Matthew Sigel Sees $180,000 Amid Growing Institutional Adoption
Recent forecasts from cryptocurrency analysts suggest a bullish outlook for Bitcoin, with predictions of substantial price increases in the coming years

NFTs & Web3
9dcc Black Box NFT Sells Out in 45 Seconds, 2,750 Boxes Minted at 0.069 ETH Each, Includes 21 $OP and CryptoPunk Raffle
The 9dcc Black Box NFT drop on OpenSea has garnered significant attention, selling out in just 45 seconds

Blockchains
Sophon Launches Mainnet with $500M TVL and Key Partners, First Validium on Avail Network
Sophon has officially launched its mainnet, marking the introduction of the first Validium on the Avail network

People
Michael Saylor of MicroStrategy Willing to Advise President-elect Trump on Bitcoin and Digital Assets
Michael Saylor, co-founder and Chairman of MicroStrategy, has expressed his willingness to advise President-elect Donald Trump on matters related to cryptocurrency and digital assets

DeFi
Ethena Labs and Trump-Backed World Liberty Financial Partner to Integrate sUSDe in DeFi
Ethena Labs has entered into a strategic partnership with World Liberty Financial, a cryptocurrency project backed by Donald Trump

TradFi & Fintech
Bloomberg Analyst Predicts 2024 Wave of Crypto ETFs Starting with BTC, ETH, Litecoin, HBAR, XRP, and Solana
Bloomberg ETF analyst Eric Balchunas has indicated that a significant wave of cryptocurrency exchange-traded funds (ETFs) is anticipated in 2024

TradFi & Fintech
Bitcoin ETFs Surpass Gold ETFs with $129.3B vs. $128.9B in Assets, Ending Gold's 20-Year Lead
According to recent reports, assets under management (AUM) for U.S. spot Bitcoin exchange-traded funds (ETFs) have surpassed those of gold-based ETFs for the first time.

Blockchains
Fuel Network's Genesis Drop to Distribute 1 Billion FUEL Tokens to 200,000 Wallets, Claimable from Dec 19
Fuel Network has announced the initiation of its Genesis Drop, distributing 1 billion FUEL tokens, which represents 10% of the total supply, to over 200,000 eligible wallets

DeFi
Tether Backs StablR to Promote Stablecoin Adoption in Europe Amid MiCA Compliance
Tether, the company behind the largest stablecoin USDT, has invested in StablR, a European stablecoin provider, to promote the adoption of stablecoins in Europe





