DefiLlama data shows that the total market value of stablecoins is $1338.06 billion, of which the market value of USDT is $950.97 billion, with a market share of 71.07%#.
The price of Immutable (IMX) has surged by 300% in just 56 days, reaching a new yearly high of $BTC This marks the first time the IMX price has surpassed $2 since April 2022.
The bullish trend is supported by the increasing weekly RSI, which is above 50.
Online gaming is gaining popularity due to its accessibility, diverse game selection, social interaction, competitive nature, regular updates, and the rise of esports and streaming culture.
The accessibility of online gaming through internet connection and devices allows players to enjoy entertainment at their fingertips.
The wide variety of games caters to different preferences, ensuring there is always something fresh and exciting to explore. Online gaming also fosters social interaction and connectivity through multiplayer features, allowing players to connect with friends and meet new people worldwide. The competitive aspect of online gaming challenges players to improve their skills and strategies, while constant updates and improvements keep the gaming experience engaging. The rise of esports and streaming culture has significantly contributed to the popularity of online gaming, attracting huge audiences and inspiring aspiring gamers.
Decrypt News and Web3 platform Rug Radio have announced a merger to leverage each other's advantages and maintain brand independence. Both entities will retain their brands, identities, and staff.
Rug Radio is a Web3 content platform that earns 25% of fees from agreements between creators and advertisers. Decrypt generates revenue from selling its own Web3 content advertising.
This merger is the third media deal in just one month, indicating a trend of consolidation within the cryptocurrency news industry.
Crypto exchange HTX, linked to Justin Sun, experienced $258 million in net outflows between November 25 and December 10 following a $30 million exploit in November.
HTX's reserves consist of 32.3% Bitcoin (BTC) and 31.8% Tron (TRX), the native currency of the Tron network launched by Sun.
In the past two months, HTX and other Sun-linked entities have been hacked four times, with losses totaling $194.6 million.
DeFi platform Venus experienced a $270,000 borrowing glitch due to a Binance Oracle error. Venus has committed to replacing the funds and stated that the incident had a limited impact on an isolated pool. The total value locked in the DeFi protocol remains unaffected at $738 million. However, the native token XVS saw a 17.5% drop amid a broader crypto market sell-off.
Venus is a DeFi platform that faced a borrowing glitch of $270,000 due to a Binance Oracle error. The incident was not an exploit as initially suggested. Venus has assured users that the funds will be replaced and clarified that the impact was limited to an isolated pool. Despite the incident, the total value locked in the Venus DeFi protocol remains at $738 million. However, the native token XVS experienced a 17.5% decrease in value during a wider crypto market sell-off.
The Venus DeFi platform encountered a $270,000 borrowing glitch caused by a Binance Oracle error. The incident was not a result of an exploit and Venus has committed to replacing the lost funds. The impact of the incident was limited to an isolated pool, and the total value locked in the DeFi protocol remains unchanged at $738 million. However, the native token XVS saw a 17.5% decline in value amidst a broader sell-off in the crypto market.
DeFi platform Venus experienced a $270,000 borrowing glitch due to a Binance Oracle error. Venus has committed to replacing the funds and stated that the incident had a limited impact on an isolated pool. The total value locked in the DeFi protocol remains unaffected at $738 million. However, the native token XVS saw a 17.5% drop amid a broader crypto market sell-off.
Venus is a DeFi platform that faced a borrowing glitch of $270,000 due to a Binance Oracle error. The incident was not an exploit as initially suggested. Venus has assured users that the funds will be replaced and clarified that the impact was limited to an isolated pool. Despite the incident, the total value locked in the Venus DeFi protocol remains at $738 million. However, the native token XVS experienced a 17.5% decrease in value during a wider crypto market sell-off.
The Venus DeFi platform encountered a $270,000 borrowing glitch caused by a Binance Oracle error. The incident was not a result of an exploit and Venus has committed to replacing the lost funds. The impact of the incident was limited to an isolated pool, and the total value locked in the DeFi protocol remains unchanged at $738 million. However, the native token XVS saw a 17.5% decline in value amidst a broader sell-off in the crypto market.
Tether’s Bitcoin Holdings Reach a Profit of $1,100,000,000
⭐ Tether, the company behind the world’s largest stablecoin, USDT, has seen its Bitcoin reserves jump in value by over $1 billion in recent months.
According to Chinese journalist Colin Wu, Tether currently holds 57,576 BTC worth around $2.4 billion, with an average purchase price of $22,480 per bitcoin. This means Tether’s Bitcoin stash has gained roughly 85%, or $1.1 billion, since its acquisition.
Bitcoin Hits $41,000 for First Time Since April 2022
⭐ Bitcoin's recent rebound continued apace over the weekend, with the price of the leading cryptocurrency passing $41,000 on Sunday night per data from CoinGecko.
The number of crypto addresses holding DOGE exceeded 5 million for the first time
⭐ The number of cryptocurrency addresses holding DOGE exceeded 5 million for the first time. ⭐ At the same time, the number of active addresses on the network more than doubled to 168,000, reaching its highest level since March 2022, and the number of confirmed transactions on the Dogecoin blockchain jumped to its highest level since June.
67% of the US$199 million MATIC previously distributed by Polygon Ecological Growth Address has entered CEX
⭐ According to on-chain analyst Ember Monitoring, on November 16, Polygon: Ecosystem Growth (ecosystem growth) distributed 217 million MATIC (approximately $199 million) to 70 addresses, so far 67% ( (approximately US$145 million) into CEX; 40 of the 70 addresses have currently transferred all MATIC received to CEX. ⭐ MATIC price has also dropped 21% since November 16: from $0.93 to $0.73 now.
⭐ Changpeng Zhao was set to return to the UAE, where his wife and children live, but a district judge stayed this part of his bond release for now. ⭐ Zhao's attorneys argued that he had already demonstrated his intent to take responsibility by coming to the U.S. to plead guilty in the first place.
Jito Reveals JTO Airdrop for Solana DeFi Users—Here's Who Can Claim
⭐ The Solana DeFi platform Jito is giving 100 million JTO tokens to its community to facilitate collective governance. ⭐ JitoSOL is the platform’s staking token, and currently has over 6.7 million SOL in total volume locked (or about $372 million worth). JitoSOL holders can earn Jito Points by keeping the tokens in their wallets.
Coinbase shares hit 18-month high after Binance charges
⭐ The price high comes after rival exchange Binance pleaded guilty and traders seemingly priced in Coinbase’s custodian agreements for a slate of spot crypto ETFs. ⭐ On Nov. 27, Coinbase closed at $119.77, its highest since May 5, 2022, when it closed at $114.25, according to TradingView data. It has seen little movement in after-hours trading.
Bitcoin struggles to flip $38K to support, while UNI, IMX, VET and ALGO aim to push higher
⭐ Bitcoin struggles to sustain momentum above $38,000, showing signs of indecision among traders. ⭐ Various analysts and crypto leaders remain bullish, predicting significant growth in Bitcoin's value. ⭐ Key cryptocurrencies are analyzed for potential short-term performance, highlighting support and resistance levels.