FameEX Biweekly | Enterprise iOS APP download Service Is Available! (Issue 2, December 2023)

Overview:

Catch up on the highlights fromDecember 16 to December 31, 2023. During this period, FameEX supported the download service for its Enterprise iOS App, enhancing user experience. Exciting events were launched, including “Sign Up to Win 1,000 USDT Rewards” and “Join FameEX’s Christmas Gala to Win a Share of 30,000 USDT”. Moreover, we released comprehensive research on the RATS (RATS) and ViciCoin (VCNT) projects, aiding users in accessing detailed project information and minimizing investment risks. For more details, check out this issue of FameEX Biweekly.

Crypto World News

Goldman Sachs’ Bullish 2024 US Dollar Prediction Tops Crypto News Headlines

Goldman Sachs’ recent prediction of a potential weakening of the US Dollar due to expected Federal Reserve rate cuts is causing a stir. This projection is viewed as favorable for Bitcoin (BTC) and the broader cryptocurrency market, as a weaker US Dollar could bolster digital asset performance and potentially lead to increased interest and investment in cryptocurrencies.

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The Value of SOL Surged to A Peak of over $84, Leaping to The Fourth-Largest Cryptocurrency

On December 20, Solana experienced a rise of 13.8%, with a peak of $84, breaking the $82 mark for the first instance since May 2022. Moreover, this recent SOL surge of 33.5% over the fortnight enabled SOL to edge past XRP in market valuation, elevating it to the position of the fourth-largest cryptocurrency.

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4 Out of 5 Institutional Investors Acknowledge Cryptocurrency’s Significant Role in the Global Financial Industry

A survey conducted by digital asset bank Sygnum reveals a notable shift in institutional investor sentiment towards cryptocurrency. More than 80% of respondents now recognize the importance of cryptocurrency in the global financial industry, indicating a transition from skepticism to advocacy. The survey involved over 150 participants with an average of over 10 years of investment experience, including Sygnum’s institutional clients, banks, hedge funds, family offices, foundations, and asset managers.

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The Approval Probability of Bitcoin ETFs Is Over 90%, Commercials for Bitcoin ETFs Escalation in the Marketing Rivalry

This week witnessed a significant escalation in the marketing rivalry among asset managers, with a total of three advertisements promoting Bitcoin ETFs being launched. The aggressive marketing push by these asset managers underscores their considerable confidence in a financial product that is still pending regulatory approval. The U.S. Securities and Exchange Commission (SEC) has yet to greenlight any of the 13 pending spot Bitcoin ETFs. However, industry analysts estimate a high probability—around 90%—of approval for at least one of these ETFs by January 10.

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FameEX Hot Topics | Elon Musk Announces X’s Launch of Payment Services by Mid-2024

In a December 21 discussion with Cathie Wood from ARK Invest, held on X’s space, Musk unveiled his plans for the payment service’s rollout, targeting the middle of the following year. He expanded on his view of currency and digital assets as a mechanism for allocating resources, indicating a preference for traditional fiat currency. The planned launch of payment services on X represents a strategic pivot towards more conventional financial systems, as opposed to the cryptocurrency market. 

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FameEX Updates

Platform Events

1. Sign Up to Win 1,000 USDT.From December 20, 2023 to January 20, 2024, FameEX launched the “Sign Up to Win 1,000 USDT Rewards” event. Users have a chance to receive a bonus of 1,000 USDT after finishing simple tasks! Please view the announcement for event details. 

View Announcement

2. Christmas Gala. From December 25 to December 31, 2023, FameEX launched the “Join FameEX’s Christmas Gala and Win a Share of 30,000 USDT” event. Users who complete certain tasks can share a prize pool of 30,000 USDT! Please view the announcement for event details. 

View Announcement

New Listing

One new token was listed on the FameEX platform during the period.

◆ Pyth Network (PYTH)：PYTH/USDT was listed in the spot trading zone on December 02, 2023.

Trading Volume

◆ The FameEX platform ranked 83 on CoinMarketCap on December 31. The 24-hour trading volume was $301,234,136, with an average liquidity of 360 and an average of 98,147 weekly visits. (Data source: CoinMarketCap)

◆ As of December 31, the total assets in the FameEX risk reserve wallet amounted to 4,597,770 USDT. The total assets of the risk reserve wallet are updated daily and can be viewed HERE in real time.

Features Upgrades

1. IOS App (Enterprise) Launched. FameEX has released the “Notification of Support for the FameEX Enterprise iOS App Download Service”, and officially supports the iOS App (Enterprise) download. Please click on the Link for download and read the Installation Tutorial for iOS Devices to obtain detailed installation support.

View Announcement

Project Information

The latest reports on the RATS (RATS) 、MEME（Memecoin）、GROK（Grok）and ViciCoin (VCNT) tokens have been released on FameEX Research.

FameEX Official Community

1. X (formerly Twitter): 92.5K Followers. Link: https://twitter.com/FameexGlobal 

2. Chinese X: 8,887 Followers. Link: https://twitter.com/FameEXzh 

3. YouTube: 1,650 Subscribers. Link: https://www.youtube.com/c/FAMEEX 

4. Telegram (Global): 151,661 Members. Link: https://t.me/fameexgroup 

5. Discord: 7,451 Members. Link: https://discord.gg/V8yvKPxVCk 

Thanks for reading this report of FameEX Biweekly. Stay engaged with our official social media, and your voice matters to us!