What has happened in the cryptocurrency space in the past 12 hours:
- MSTR purchased 15.3K $BTC
- FTX announced repayment in January 2025
- $PENGU $CAT Binance HODLer airdrop
- $USUAL pre-market to spot
- $ETHFI fee buyback/rebate proposal
- Grayscale launched $ZEN trust
- Monad announced the establishment of the Monad Foundation
- $ENA launched $USDtb supported by BlackRock's BUIDL
- $AVAX launched Avalanche9000 mainnet
- $XRP launched stablecoin $RLUSD
- $AUCTION BounceX is coming soon
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• $BTC - MicroStrategy purchased an additional 15,350 BTC (approximately $1.5 billion) at an average price of $100,386 per BTC.
• FTX announced it will start repaying customers' debts in early January 2025 according to the court-approved reorganization plan, and will collaborate with BitGo and Kraken to distribute assets.
• $PENGU $CAT - Binance will list $CAT and $PENGU at 9 AM (UTC) and 2 PM (UTC) on December 17, respectively. $PENGU claims will start being accepted at 1 PM (UTC).
• $USUAL - Binance announced that pre-market trading for $USUAL will end at 9 AM (UTC) on December 17, and $USUAL spot trading will begin at 11 AM (UTC).
• $ETHFI - http://Ether.fi Foundation released a proposal to use 5% of the protocol's revenue to buy back $ETHFI monthly and distribute it to $ETHFI stakers.
• $ZEN - Grayscale launched a new crypto fund for $ZEN available to accredited investors.
• Monad announced the establishment of the Monad Foundation.
• $ENA - Ethena Labs launched $USDtb, a stablecoin supported by BlackRock's BUIDL fund. Ethena's risk committee approved a proposal allowing $USDtb to serve as a backing asset for USDe during periods of negative financing rates.
• $AVAX - Avalanche announced that Avalanche9000 is now live on the mainnet.
• $XRP - Ripple launched $RLUSD, a stablecoin that was delayed due to approval issues. $RLUSD will be listed on global exchanges starting December 17.
• $AUCTION - Bounce tweeted that its own Perps exchange BounceX is coming soon.
