December 23, 2024

Metaplanet Makes Largest BTC Purchase to Date Despite Bitcoin Price Correction

After a 9.8% drop in Bitcoin’s value over the past week, investors are showing signs of caution, worried about the potential for further declines. Despite this, Japan-based Metaplanet has reaffirmed its confidence by buying nearly 620 BTC. Interestingly, the latest acquisition marks its largest Bitcoin purchase to date. Metaplanet’s Largest Single BTC Acquisition According to...
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Trump Names Bo Hines Executive Director of Presidential Digital Asset Advisory Committee

U.S. President-elect Donald Trump has appointed former college football player Bo Hines to the new crypto council. Announced Sunday, Hines will be onboard as the executive director of the Presidential Council of Advisers for Digital Assets. Trump’s Crypto Council The 29-year-old acknowledged the appointment in a December 23 post on X, writing: “Thank you, Mr....
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Usual Raises $10M in Series A Round Led by Kraken Ventures and Binance Labs

[PRESS RELEASE – Paris, France, December 23rd, 2024] Usual, the decentralized stablecoin protocol, announces a $10M Series A funding round led by Binance Labs and Kraken Ventures, with participation from Galaxy Ventures, Guy from Ethena, Ondo, Coinbase Ventures, IOSG Ventures, OKX Ventures, Wintermute, Echo, Fasanara Digital, Symbolic Capital, Amber, GSR, Psalion, Hypersphere Ventures, Avid3, FunFair...
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Out of 29 Tokens Launched on Binance Alpha, 17 Surge While 12 Decline

Days after Binance introduced its pre-listing token selection pool, Binance Alpha, it launched 29 tokens with mixed performances. Data shared by crypto analysts Sankin shows that out of the listed cryptocurrencies, 17 have seen their values increase while 12 experienced declines. Small-Cap Tokens Lead the Pack In a December 23 post on X, Sankin noted...
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Elon Musk: ‘Shocked’ If Biden Doesn’t Pardon SBF Amid Rising Rumors

The growing speculation surrounding a potential presidential pardon for Sam Bankman-Fried (SBF) has been fueled by high-profile figures and shifting political tides. A major Trump ally, Elon Musk, for one, will be “shocked” if US President Joe Biden does not grant an early pardon to the disgraced former CEO of FTX. Crypto, Politics, and Pardons...
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Ethereum Key Metrics Point to Persistent Bullish Outlook for ETH: CryptoQuant

Key metrics on Ethereum are painting a bullish outlook for the network’s native cryptocurrency, ether (ETH), despite its sluggish momentum over the past weeks. The asset has struggled to match bitcoin’s (BTC) momentum following the conclusion of the United States presidential election, but on-chain metrics indicate a bullish trend in the near term. According to...
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AdEx Introduces AURA, Analyzing Web3 User Activity with AI for Advanced Targeting

[PRESS RELEASE – Sofia, Bulgaria, December 23rd, 2024] AdEx, the leading blockchain-based ad-tech platform, unveils AdEx AURA, a cutting-edge AI-powered onchain activity analyzer designed to enhance Web3 experiences. By analyzing publicly available data from Ethereum and Layer 2 blockchains, AURA delivers personalized insights that benefit users and business developers alike. AdEx AURA leverages advanced AI...
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MicroStrategy’s Monday Streak Continues With 5,262 BTC Purchase

MicroStrategy has extended its Monday bitcoin acquisition streak with another purchase announced by co-founder Michael Saylor minutes ago. This time, the company was slightly more modest by allocating less than a billion to acquire 5,262 BTC. MicroStrategy has acquired 5,262 BTC for ~$561 million at ~$106,662 per bitcoin and has achieved BTC Yield of 47.4%...
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Whales Flock to Chainlink (LINK) Amid Price Dip With a $44 Million Purchase

Chainlink (LINK) briefly dropped to $20.1 during the weekend before staging a quick recovery to a little over $23.  The latest dip, however, extended its weekly losses to almost 22%. This prompted many whales to accumulate the token. LINK Whales’ Conviction There has been a noticeable uptick in the holdings of wallets containing between 10...
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BingX Provides Free SEPA & SEPA Instant Euro Deposit Service to Users

[PRESS RELEASE – Vilnius, Lithuania, December 23rd, 2024] BingX, a leading global cryptocurrency exchange, has expanded its fiat deposit options with the launch of the SEPA and SEPA Instant payment services for euro deposits. By introducing these new fiat payment options, BingX enables real-time euro deposits at no cost, further streamlining the trading experience for...
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SilentBerry Secures Strategic Investment from CKB Eco Fund to Pioneer Blockchain Publishing

[PRESS RELEASE – Helsinki, Finland, December 23rd, 2024] SilentBerry, a decentralized publishing platform utilizing the RGB++ protocol, has announced a strategic investment from the CKB Eco Fund. This collaboration aims to enhance the platform’s innovative approach to integrating authors and readers within the blockchain ecosystem. SilentBerry’s model enables authors to inscribe their book content directly...
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Why is the Bitcoin (BTC) Price Dropping? Is This Something to Worry About?

Ever since the BTC price triggered a massive breakout to the ATH, the markets have become highly optimistic about the next price action. The upper targets were elevated beyond $110K to $115K ahead of the yearly close. However, the rally is experiencing a major hindrance, primarily because of the bulls’ weakness instead of an increase...
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Bitcoin Correction Deepens, Sees Worst Week Since Trump Win

BTC prices are currently down 12% from their all-time high of just above $108,000 on Dec. 17, and the correction appears to be deepening. The asset hit an intraday low of $93,810 during trading in Asia on Monday morning but recovered quickly to tap $96,000 before another slip. Those losses have resulted in a “bearish...
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Euro-Backed Stablecoins Flourish Post-MiCA, Reach €800M in Monthly Volumes

In 2024, euro-backed stablecoins emerged as a critical driver of growth in the European cryptocurrency market, bolstered by the implementation of the Markets in Crypto-Assets Regulation (MiCA). In fact, these tokens have notched a new record in terms of monthly volumes after attracting liquidity and institutional players across the region. MiCA Spurs Euro-Backed Stablecoin Adoption...
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Bitcoin (BTC) $ 98,109.29 1.93%
Ethereum (ETH) $ 2,704.15 3.29%
Tether (USDT) $ 1.00 0.00%
XRP (XRP) $ 2.45 3.14%
Solana (SOL) $ 202.84 0.63%
BNB (BNB) $ 621.14 1.45%
USDC (USDC) $ 1.00 0.00%
Dogecoin (DOGE) $ 0.259352 4.19%
Cardano (ADA) $ 0.740716 8.75%
Lido Staked Ether (STETH) $ 2,704.04 3.27%
Bitcoin (BTC) $ 98,109.29 1.93%
Ethereum (ETH) $ 2,704.15 3.29%
Tether (USDT) $ 1.00 0.00%
XRP (XRP) $ 2.45 3.14%
Solana (SOL) $ 202.84 0.63%
BNB (BNB) $ 621.14 1.45%
USDC (USDC) $ 1.00 0.00%
Dogecoin (DOGE) $ 0.259352 4.19%
Cardano (ADA) $ 0.740716 8.75%
Lido Staked Ether (STETH) $ 2,704.04 3.27%