As of Tuesday morning, bitcoin (BTC) was showing slight gains, according to TradingView. Ethereum, the second most capitalized cryptocurrency, also started the day with moderate growth, trading at $2,237.
Among the top 10 cryptocurrencies by capitalization, Avalanche had the best results for the day (+16.27%) and week (+84.25%). On the other hand, Dogecoin showed the least favorable dynamics, losing 2.22% in 24 hours. During the week, all coins, except for Tether stablecoin, showed a positive trend.
Among the top-100 cryptocurrencies by capitalization, the best result for the day was noted for KuCoin Token (+27.54%), while BitTorrent (New) showed an increase of 192.49% for the week. Over the last 24 hours, Terra showed the largest price decline (-6.02%), while Terra Classic experienced the most significant losses over the week, falling 24.88%.
The International Football Association FIFA announced the release of a limited collection of non-replaceable tokens (NFT), including tickets to the final match of the World Cup 2026. Information about this project appeared on the official website of the organization. The presentation of the collection consisting of 100 tokens is scheduled for December 15, 2023 on the collect.fifa platform. The realization of this initiative was provided by the Modex project. In addition, FIFA representatives shared plans to release 900 NFTs with the most epic moments of the World Cup 2023.
Japanese financial company SBI Holdings and Saudi Arabian oil company Saudi Aramco announced a memorandum of understanding. The parties intend to combine their efforts in the field of investment in digital assets. This is reported in a press release. In addition, it is about mutual investments in digital assets from the portfolios of both companies. In addition, as part of the agreement, the parties may support Japanese cryptocurrency startups that show interest in expanding their business in Saudi Arabia.
El Salvador's "volcano bonds," also known as bitcoin bonds, are scheduled to be issued in early 2024. The instrument has received approval from the local Digital Assets Commission. El Salvador intends to use "volcano bonds" to raise funds to repay sovereign debt and build a "bitcoin city." Earlier, the country's government announced the launch of a program to grant citizenship for investment. In the fall of 2021, bitcoin received the status of the national currency of El Salvador. Earlier, the BeInCrypto editorial team looked at how the country has changed due to this decision.
