December 18, 2023

Tether Reveals Partnerships with Secret Service, FBI

Tether, the creator of the popular USDT stablecoin, has publicly disclosed letters sent to key U.S. legislative committees revealing its partnerships with the Secret Service and FBI. This update comes after Tether’s recent measures, which included implementing a wallet-freezing policy aimed at individuals on the U.S. Specially Designated Nationals list, freezing over 200 wallets. Tether’s...
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Avalanche Network Gas Fees Surge Linked to Trader Joe Founder’s Social Experiment

On December 18, the Avalanche network experienced a surge in its average gas fee, reaching an unprecedented 5,110.30 nAVAX, or about $4.41, according to Avascan data. This substantial increase is attributed to a unique event caused by the founder of the decentralized trading platform Trader Joe, known as @cryptofishx on social media, who introduced an...
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Here’s How Much Miners Are Profiting From The BRC-20 Explosion

The new BRC-20 token standard has driven Bitcoin (BTC) transaction fees through the roof – and the network’s miners are reaping every satoshi as added profit. Data from the HashRate Index shows that the world’s largest Bitcoin mining pools have earned roughly one-third of their profits from transaction fees alone within the past three days....
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Bitcoiners Celebrate 10th Anniversary Of ‘HODL’ Meme

Exactly ten years ago today, an eccentric Bitcoin (BTC) enthusiast coined what is now one of the crypto industry’s most widely known and prolific phrases today: the HODL meme. On December 18, 2013, BitcoinTalk user GameKyuubi took to the forums just as Bitcoin’s price had cratered to $420 apiece – down two-thirds from its all-time...
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Shiba Inu Turned $100 Investors Into Millionaires. Can New Meme Coins Replicate This Success

TLDR Shiba Inu is one of the most successful memecoins, currently having an ROI of over 600,000%. NuggetRush has been tipped as the next memecoin to make the next wave of crypto millionaires. According to analysts, there will likely be a timely 50x rally after its launch. The crypto landscape is where the impossible frequently...
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Bitcoin Ends 11-Week Winning Streak With $33M Outflows While Altcoins Buck Trend: CoinShares

Digital assets investment products ended their 11-week streak of positive cash flows with withdrawals amounting to $16 million. However, trading activity remained significantly higher than the yearly average, reaching $3.6 billion for the week, in contrast to the year-to-date average of $1.6 billion. Bitcoin was the worst hit, witnessing outflows of $33 million last week,...
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Coinbase Premium Index Points to Waning Bullish Sentiment in Bitcoin Market: CryptoQuant

After posting remarkable gains, Bitcoin entered a new week on shaky ground as sell-offs hint at a shift in sentiment. The traders are currently on edge amid a pause in the once-continuous upward trajectory of its prices. The latest data suggest that professional traders have turned cautious amidst uncertainty in Bitcoin’s price. Bitcoin Professional Traders...
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Here’s How This Trader Turned $226K to $1.69M in 5 Days With Dogwifcoin (WIF)

A crypto trader has raked in more than $1.4 million in profit within five days by purchasing millions of Dogwifhat (WIF) tokens, a dog-themed meme coin on the Solana network. According to a tweet by blockchain analysis platform Lookonchain, the trader began their WIF journey by purchasing $226,000 worth of the tokens after they were...
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The Evolution Begins: StrikeX Launches Ultimate Crypto-Crypto Swaps Experience with Swaps V2 Wallet Update

[PRESS RELEASE – London, United Kingdom, December 18th, 2023] StrikeX proudly announces the successful launch of Swaps V2, a ground-breaking update that streamlines the crypto-crypto swaps process. This release introduces a new level of functionality, security, and user-friendly design, signifying a significant step forward in StrikeX Wallet’s journey to establish itself as a market leader....
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How XRP Price Could Surge Despite Ripple’s Court Case? Expert Insights

“Can 6 years of misery turn into 6 years of fortune real quick”? That’s the fate of XRP at present. Despite the buzz around the Ripple IPO and Settlement, XRP remains unmoved, leaving investors questioning its ability to break the pivotal $1 mark. Renowned crypto expert Panos Mekras challenges the common belief, suggesting that these...
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Solana Saga Phone Sales Surge on eBay Amid BONK Hype and Anticipated Airdrops

The market for Solana Saga smartphones is witnessing an unprecedented surge, with recent sales on eBay reaching as high as $5,000, far exceeding the initial retail price. This spike in demand and value is primarily driven by the increased hype around BONK, a Solana-based meme coin, and expectations of lucrative future airdrops. High Demand for...
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FTX Files Amended Plan to Pay Creditors Amid Soaring Legal Expenses

On Dec. 18, it was reported that FTX had filed its latest proposal to return billions of dollars to its customers and creditors. Moreover, the plan did not indicate whether the exchange would be restarted. It will be sent to creditors for a vote before being submitted to court for final approval.  The payout plan...
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Binance Survey: 76% Believe Crypto Can Address Income Inequality Globally

A survey conducted by Binance indicates that close to 50% of its users depend on crypto as a means to generate additional income. The latest observation was part of its new campaign, “Crypto is better with Binance.” Based on data from a survey with a sample size of 1,172 participants from November 15, 2023, to...
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Now Live: ACEUSDT Perpetual Swap Listing

ACEUSDT, a second listing featuring ACE – the native token of Endurance is now available to trade on BitMEX, and with up to 10x leverage. You can already trade ACEUSDTZ23 –  the first ever Fusionist futures contract margined in Tether here.  For a deeper look at our new Fusionist listing, and more on the ACE...
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Bitcoin (BTC) $ 68,797.43 0.29%
Ethereum (ETH) $ 2,437.05 0.70%
Tether (USDT) $ 0.999901 0.04%
BNB (BNB) $ 559.65 0.44%
Solana (SOL) $ 161.96 0.39%
USDC (USDC) $ 1.00 0.04%
XRP (XRP) $ 0.51098 0.36%
Dogecoin (DOGE) $ 0.168281 11.02%
Lido Staked Ether (STETH) $ 2,436.78 0.75%
TRON (TRX) $ 0.16213 1.90%