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Token Unlocking Events to Release $260M This Week: Avalanche, Solana Impacted
Linear unlocks for the next week are led by Solana (SOL) with a massive $112 million unlocking event.
Cliff unlocks for the same period are led by Metars Genesis (MRS), unlocking tokens worth $53.7 million.
DOT, AVAX, NEAR, SUI, and FIL also face linear unlocking events while ID faces cliff unlocking.
A few of the top blockchain projects will have token unlocking events this week. These include Avalanche (AVAX), Dogecoin (DOGE), Polkadot (DOT), Solana (SOL), Sui Network (SUI), Filecoin (FIL),
Ethereum Whale Wallets Reach Record High, Holding 57.35% of ETH
Ethereum whales hold a record 57.35% of all ETH supply.
Mid-tier wallets (100-100K ETH) hit a record-low supply ratio of 33.46%.
Small wallets (<100 ETH) hold only 9.19%, the lowest since January 2021.
Ethereum whale wallets now control 57.35% of ETH’s total supply. This surge marks a bullish signal for the market as 104 whale wallets collectively hold approximately $333.1 billion worth of ETH tokens.
There are currently 104 whale wallets holding at least 100K Ethereum. Their combined
Trump Reinforces Blockchain Support Ahead of January 2025 Inauguration
Donald Trump has reiterated his support for the blockchain community.
Trump will be the first pro-crypto President of the United States.
Trump’s government will stand behind and fight for the blockchain industry.
The incoming U.S. President, Donald Trump, has reiterated his support for the blockchain community. Trump sent a video message to the Blockchain Association during their recent Policy Summit gala, assuring them of his administration’s commitment to positioning the U.S. as a global le
XRPL Lowers XRP Reserves: How It Could Boost Liquidity
XRPL recently reduced reserve requirements for using the blockchain network.
Ripple CTO David Schwartz said that the changes were necessary but slightly aggressive.
XRPL CEO Daniel Keller claims that the reserve reduction was long overdue.
Ripple’s blockchain network, XRPL, just lowered reserve requirements for using the XRP Ledger blockchain. Ripple CTO David Schwartz and XRPL CEO Daniel Keller talked about the changes with the XRP community as the altcoin climbed above $2.50.
Bitcoin Returns Hit 26,931%—Far Exceeding Stocks and Gold
Bitcoin’s 26,931% return outshines traditional assets like stocks and gold over the past decade.
Bitcoin outperforms other assets in 2024, posting a 129% return compared to gold and S&P 500.
Bitcoin’s volatility remains high, with price swings tied to its halving cycles and market dynamics.
Bitcoin investment returns have outperformed the market, beating even traditional assets like stocks and gold. With a staggering 26,931% return over the past 10 years, Bitcoin is continuing to attract
Ripple’s RLUSD Stablecoin Approved, XRP Climbs 15% This Week
Ripple will debut the RLUSD stablecoin on December 17th, Tuesday.
Ripple Payments will start using RLUSD for international payments by early next year.
XRP rose by more than 15% in the past week post NYDFS approval of RLUSD.
American fintech firm Ripple will launch its highly-anticipated stablecoin, RLUSD, on Tuesday. This has created a bullish atmosphere for the XRP token surging more than 15% in the past week and 2.60% in the past 24 hours alone, nearing the $2.50 price level. The upcoming
FTX Chapter 11: BitGo, Kraken to Handle January 2025 Distributions
FTX’s $12 billion recovery plan begins January 3, 2025.
Stablecoin payouts are facilitated through BitGo and Kraken.
Initial distributions are expected within 60 days of the effective date.
FTX’s court-approved Chapter 11 plan takes effect on January 3, 2025; a major step forward in the exchange’s recovery efforts. FTX will distribute $12 billion in Q1 2025 through BitGo and Kraken. This development suggests a possible renewed interest in FTT tokens, leading to speculation on its price r
Trump World Liberty Invests $250K in ONDO Tokens, RWA Focus Grows
Trump World Liberty purchases $250K worth of ONDO, triggering a 16% price surge.
The investment was made via CowSwap, boosting $COW token prices by 52%.
The portfolio diversifies with LINK, AAVE, ENA, and ONDO focusing on DeFi and RWA tokens.
Trump World Liberty, a crypto project backed by the Trump family, diversified into the DeFi and Real-World Asset (RWA) space by investing $250,000 in ONDO tokens. The transaction, completed on December 16 through CowSwap, involved the purchase of 134
India Crypto Regulations: A Look at Upcoming Framework
India’s VDA regulation balances innovation with investor protection and stability.
Global collaboration is crucial for managing borderless crypto assets effectively.
Stakeholder consultations are shaping India’s cautious approach to VDA regulation.
India has shown serious intent to develop a regulatory framework for virtual digital assets (VDAs); otherwise, cryptocurrency. The move comes in the backdrop of the surging popularity of crypto assets and their potential impact on the financial sys
Memecoin Market Growth Surges as Chill Guy and QUANT Shine
Memecoins are evolving into cultural symbols, blending fun with identity and community values.
Memecoins like QUANT show how communities can unite to fight dishonesty in crypto.
New platforms like Pump.fun are driving the rise of memecoins, shaping their future growth.
The market for memecoins has been booming since the start of 2024 with trading volumes and market caps hitting new highs. Memecoins, which started as fun internet tokens, have become a cultural phenomenon in the crypto world.
Crypto Theft in Scottsdale: Fake Uber Driver Steals $300K
Nuruhussein Hussein is accused of posing as an Uber driver to steal over $200,000 in cryptocurrency from victims.
The scheme involved accessing victims’ phones under false pretenses and transferring funds from Coinbase accounts.
Hussein was arrested on December 11, facing felony charges, including theft, fraud, and money laundering.
A man posing as an Uber driver in Scottsdale, Arizona, has been arrested after allegedly stealing $300,000 in crypto assets from two unsuspecting passengers. The
AI Tokens Navigate Emission Strategies: High Growth vs. Conservative Supply
TAO leads AI tokens with a 3.02% emission increase, adding $129.26M to its market supply.
FET and RENDER adopt conservative strategies, limiting emissions to 0.30% and 0.10%, respectively.
Virtual AI Agents stands out with no emissions, offering complete dilution risk elimination.
AI-powered cryptocurrencies are getting more popular and tokenomics plays a big part in how the market feels about them. As per Tokenomist, token emissions — releasing new tokens into circulation — are key to balanc
Is Dogecoin Heading Higher? $2 Billion Whale Transfer Analyzed
Dogecoin faces key resistance at $0.4150, potential breakout above $0.42.
Support near $0.38 holds whereby a break below could lead to further declines to $0.35.
RSI at 58.43 suggests room for bullish movement if it stays below 70.
Dogecoin ($DOGE) saw heightened market activity after someone moved a huge chunk of DOGE — 4.99 billion coins (worth about $2.03 billion) — from Binance to an unknown wallet.
This got the attention of the crypto community. People are wondering how this will affect
Can Shiba Inu (SHIB) Reach 3 Cents? Analyzing the Path Ahead
SHIB consolidates between $0.0000270 and $0.0000283, awaiting breakout signals.
Breaking the $0.0000283 resistance could spark bullish momentum for Shiba Inu.
RSI at 50.44 and MACD below the signal line suggest SHIB’s short-term consolidation.
Shiba Inu (SHIB) has captured investor attention as its price consolidates within a narrow price range. Traders speculate on its potential to achieve significant price milestones, such as reaching three cents.
Finanx AI’s Vision for China’s Stock Market in the AI Era
Zhang Bao Long says that volatility is a constant in the stock market.
It is crucial to avoid emotional decisions when trading in the stock market.
Buy the rise, sell the dips, and secure profits with substantial volumes.
Renowned Chinese stock investor Zhang Bao Long, believes that market volatility is the only constant investors can count on. He noted that stocks rise and fall daily, and the key to investing, he says, is to ignore the fluctuations and find stocks with strong trends. Zhang m
37,000 Bitcoins Exited CEXs in a Week: A Closer Look
Bitcoin holders withdrew about 37K BTC from CEXs in one week.
Heightened BTC withdrawal tallies with Bitcoin’s surging prices.
Analysts suspect ongoing BTC accumulation by investors.
Coinglass data shows that Bitcoin accumulation is increasing as its price climbs. Last week, Bitcoin holders pulled roughly 37,000 BTC from centralized exchanges (CEXs). This has sparked a lot of talk about what’s next for Bitcoin.
According to data from Coinglass, Coinbase Pro saw the highest withdrawal volume,
Crypto Fund Recovery in South Korea Marks New User Protection Step
Digital Asset Protection Foundation is receiving deposits from failed operators.
The Foundation aims to protect the rights and interests of digital asset users.
Deposits received from Apro Korea, Ten & Ten, Hanbitco, Qbit, and Pay Protocol AG.
South Korea’s Digital Asset Protection Foundation is now accepting deposits from crypto service providers that have shut down. The foundation recently announced that it has received deposits from five operators: Apro Korea, Ten & Ten, Hanbitco, Qbit, an
AI Agents Are Shaping Crypto, But Do They Deliver Real Value?
SlowMist’s founder critiques AI agents in crypto, citing short-term token incentives rather than real innovation.
X user Yuuu defends AI progress in crypto, citing frameworks like Eliza and G.A.M.E. as examples of meaningful development.
Commenter Lijiang criticizes buzzword-driven projects, likening them to scams.
A Twitter exchange between industry figures has sparked a debate about the role of AI agents in the crypto industry. The discussion revolves around whether current projects offer r
Cardano Developer Conference Proposed by Hoskinson for 2025
Charles Hoskinson has proposed a Cardano developer conference to showcase the Cardano ecosystem.
The conference aims to address doubts and highlight the blockchain’s potential.
ADA’s price has seen a correction despite recent developments and upgrades.
Charles Hoskinson, the founder of Cardano, recently proposed a conference for developers on the network. He wants this event to showcase the Cardano ecosystem and demonstrate its capabilities to the world. Hoskinson believes this will help addr