$1.76 billion lost from crypto market: The global cryptocurrency market saw a significant loss of over $1.76 billion, with 584,000 traders closing positions in MAJOR cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and XRP. This dramatic shift reflects ongoing market volatility and broader economic influences.

Bitcoin’s future looks bullish despite dip: Bitcoin’s price exhibited volatility as it briefly exceeded $100K before stabilizing around $97.6K after pulling back to approximately $94.3K. Despite this fluctuation, analysts predict a bullish long-term outlook for Bitcoin, projecting potential growth to an impressive $250K by 2025.

NuDEX launches competition amid market FLUX: NuDEX announced the ‘Bullish Trading Odyssey’ testnet competition, running from December 16 to 23 with a $5,000 USDT prize pool. Offering test tokens and early trader incentives, the platform addresses trading challenges using the GOAT network and ZERO-Knowledge MIPS technology to enhance user experience.