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Cryptocurrency Market Major News: Bitcoin Recovers to the High $91,000s, Ethereum Staking in Bhutan

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Source: BlockMedia Original Title: [Breaking] Bitcoin has dropped to the low $90,000 range overnight and has recovered to the high $91,000 range. Original Link: https://www.blockmedia.co.kr/archives/1012151

Major News

Bhutan, holding Bitcoin, has embarked on staking Ethereum worth $970,000

Bhutan has conducted staking of Ethereum worth 970,000 dollars following its Bitcoin holdings.

Dunamu, Love's Fruit NFT Issuance…Participating in Year-End Donation Campaign

Dunamu, a major domestic exchange, is issuing the Love Fruit NFT to participate in the year-end donation campaign.

Bitcoin kicks off 'Santa Rally' on hopes of interest rate cuts

Bitcoin is showing signs of a rebound due to expectations of interest rate cuts. The price, which had fallen to the low $90,000 range overnight, has recovered to the high $91,000 range.

Sonic Labs CEO “Layer 1's competitiveness is not speed or fees, but the business ecosystem”

The CEO of Sonic Labs emphasized that the competitiveness of Layer 1 blockchains lies more in building a business ecosystem than in speed and fees.

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