Crypto News
➤ Bitcoin remains the top choice for SouthKorean investors, while XRP surpasses Ethereum as the second most popular crypto.
➤ GaryGensler will step down as SEC Chair in 13 days, resigning effective January 20, 2025.
➤ BIOProtocol has launched new IP tokens for projects like Alzheimer’s research (CLAW), industrial hemp fiber (#HEMPY), ovarian aging (OVARIA), and cryopreservation (CRYORAT), now available for trading.
➤ Ripple has integrated Chainlink's price oracles to enhance its RLUSD stablecoin with accurate data for decentralized finance (DeFi) applications.
➤ Solana developers propose a new hashing system to improve scalability by changing how the network verifies and traces user accounts.
➤ Sonic SVM has completed its Alpha Vault phase and officially launched the $SONIC token on several exchanges.
Trading Updates
➤ The crypto market cap is at $3.32 trillion, down 9.98% in the last 24 hours.
➤ Bitcoin fell to $96,288, experiencing a decline of 5.38% in the last 24 hours.
➤ AI-related tokens' market cap has fallen to $15.66B, down 7.9% in 24 hours, with a trading volume of $2.62B.
➤ WhiteBitToken (WBT) price has declined to $26 (-0.95%), following its recent all-time high of $27.25 over the last 24 hours.
➤ GateToken (GT) price hit a new all-time high of $18.59, now trading at $17.75, reflecting a 6.50% increase in 24 hours.
➤ Top Crypto Gainers On Coinpedia Markets
Polkastarter (POLS): +29.55%
Amaterasu Omikami (OMIKAMI): +16.87%
Ice Open Network (ICE): 12.56%
Dechat /DECHAT: +5.30%
Coupon Assets /CA; +2.13%
On-Chain Updates
➤ CEXs saw 47,127 BTC outflows in 7 days and 93,791 BTC over 30 days. Exchange wallets now hold 2,199,387 BTC, the lowest since Jan 2024, down 17.6% from 2,662,300 BTC on Jan 6, 2024.
➤ For the first time, spot cryptocurrency trading volume on decentralized exchanges (DEX) has surpassed 20%.
➤ Over $617.63M in liquidations occurred across the crypto market in the last 24 hours, with $558.16M from long positions and $59.48M from short positions.
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