Gate Research Daily Report: On December 18, the price of BTC rose by 0.08% in the last 24 hours, while ETH fell by 2.33%. Ethena’s TVL (Total Value Locked) surpassed $6 billion, setting a new all-time high. Ohio has proposed a Bitcoin Reserve Bill, recommending the state government to establish a Bitcoin Reserve Fund. The size of the US Bitcoin Spot ETF has now exceeded that of Gold ETF. The TON Foundation, in collaboration with EVAA Protocol, has launched a DeFi incentive program, offering 100,000 TON tokens to support ecosystem growth. Gate has also launched Coinhunt Plan #1, where users can trade popular coins like VANA and MOCA to share $15,000.

Market Analysis: BTC has increased by 0.08% in the past 24 hours, while ETH has decreased by 2.33% during the same period.
Top Performers: The hottest altcoins in the past 24 hours are PATRIOT, MEMESAI, and PENGU, with gains of 94.3%, 50.1%, and 21.35%, respectively.
Data Highlights: Ethena’s TVL has surpassed $6 billion, reaching a new all-time high.
Spotlight Analysis: Ohio has introduced a Bitcoin Reserve Bill, proposing that the state government establish a Bitcoin Reserve Fund.
Market Opportunities: BVNK, a provider of banking and payment services for crypto-native enterprises, has completed a $50 million Series B funding round, reaching a $7.5 billion valuation.

Explore today’s details 👉🏻 Gate Research: Bitcoin Spot ETF Surpasses Gold in AUM, Ethena TVL Hits All-Time High

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Gate.io Team
December 18th, 2024