🆘 What happened in Crypto in the last 12h? 🆘

• $BTC - MicroStrategy purchased an additional 15,350 BTC (~$1.5B) at an average price of $100,386 per $BTC.

• FTX announced that it will begin repaying customers in early January 2025 under a court-approved restructuring plan, and will work with BitGo and Kraken to distribute assets.

• $PENGU $CAT - Binance will list $CAT and $PENGU on December 17, at 9AM UTC and 2PM UTC respectively. $PENGU claims are available starting at 1pm UTC.

• $USUAL - Binance announced that the $USUAL pre-market will close on Dec 17 at 9AM UTC and the $USUAL spot market will open at 11AM UTC.

• $ETHFI - Ether.fi Foundation published a proposal to utilize 5% of the protocol's revenue to buy back $ETHFI every month and distribute it to $ETHFI stakers.

• $ZEN - Grayscale has introduced new crypto funds for $ZEN, accessible to accredited investors.

• Monad announced the creation of the Monad Foundation.

• $ENA - Ethena Labs launches $USDtb, a stablecoin backed by BlackRock's BUIDL fund. Ethena's Risk Committee approved a proposal for $USDtb to be able to serve as a backing asset for USDe in periods of negative funding rates.

• $AVAX - Avalanche announced that Avalanche9000 is now live on the mainnet.

• $XRP - Ripple has launched $RLUSD, a stablecoin that was delayed due to approval issues. $RLUSD is available on global exchanges starting Dec 17th.

• $AUCTION - Bounce tweeted that its own Perps exchange, BounceX, is launching soon.