Altcoin’s Google Partnership and Working with BlackRock-Backed Project Pushed the Price Up!
BounceBit (BB) has formed a strategic partnership with Google Cloud. BounceBit, which is backed by many leading companies including Binance Labs, has announced a strategic partnership with Google Cloud. This partnership will aim to accelerate its expansion in the Real World Assets (RWA) space in Southeast Asia. The Google Cloud-powered collaboration was created to provide enterprise-grade infrastructure in the region and integrate real-world assets into the CeDeFi (Centralized Decentralized Finance) ecosystem.
Whale Wasn’t Cut Off by 100 Million Airdrop: He Invested Another 1 Million in the Rising Altcoin
The cryptocurrency whale invested $1 million in the altcoin, which has been talked about frequently in recent days. According to data provided by the on-chain analysis platform Lookonchain, there has been a remarkable development in the cryptocurrency market. Despite receiving an airdrop of 116.7 million PENGU for a profit of $3.52 million, a whale spent 5,250 SOL (about $1 million) on December 24 to purchase an additional 34.42 million PENGU. The investor's transactions so far reveal that he has not taken any steps towards selling PENGU and currently holds a total of 151.12 million PENGU (approximately $5.08 million).
FUD Alert for Bitcoin and Ethereum: They Are Selling in Panic, Whales Are Buying!
According to on-chain analytics platform Santiment, new investors in the market could cause whales to become even stronger. Crypto markets started the week on a downward note, sparking panic among retail investors in particular. According to data shared by Santiment, Bitcoin and Ethereum have been facing intense fear, uncertainty, and doubt (FUD) from investors who have only recently entered the market over the last 2-3 months. Whales can pick up from the bottom These new investors are unfamiliar with the current market conditions as they have not experienced medium-sized corrections before, and this is triggering emotional selling. The increasing FUD on social media platforms indicates that investors are misinterpreting market movements and panic selling is gaining momentum.
Bitcoin and Ethereum to Shine in 2025: Investors Want More Than 50 Percent!
CF Benchmarks predicts that investment advisors will overtake hedge funds by reaching over 50% share in Bitcoin and Ethereum ETFs by 2025. CF Benchmarks predicts that investment advisors will overtake hedge funds as the largest holders of U.S.-listed spot Bitcoin (BTC) ETFs by 2025. According to the firm’s report, 11 spot Bitcoin ETFs were launched on Jan. 11 and have since raised over $36 billion from investors.
Mt. Gox Hasn’t Missed a Payment Since the Beginning of the Month: Sent Over 3,500 Bitcoins
Since Bitcoin first surpassed the $100,000 level on Dec. 5, a remarkable chain of transfers has been initiated by Mt. Gox. According to on-chain analytics platform Lookonchain, Mt. Gox sends between 200 and 300 BTC every business day to B2C2 Group, one of the leading liquidity providers in the cryptocurrency markets. To date, Mt. Gox has reportedly transferred a total of 3,631.87 BTC. According to current market prices, this amount corresponds to approximately $364 million.
Binance Will List an Altcoin on Futures: The Price Has Started to Rise!
Binance, the world's largest cryptocurrency exchange, is making a new listing for an altcoin on futures.
According to Binance's statement on its official blog today, the exchange will launch Tether (USDT) margined futures for DeXe (DEXE) with a maximum leverage of up to 75x.,
According to the statement made by Binance, the DEXEUSDT contract will open for trading on December 24 at 14:30 TSI.
Binance stated that funding rates can initially change between a maximum of -%2.00 and +%2.00 every 4 hours, but depending on market conditions, funding rates, maximum leverage, and minimum transaction limits may change from time to time.
According to CoinGecko data, the listing from Binance has taken off. DEXE suddenly gained 12% from a price of $12.67 and reached $14.24. DEXE, which later pulled back a bit, is finding buyers at $13.44 at the time of writing.
$20 Billion Expectation for Bitcoin and Ethereum: Watch Out for the Last Friday of the Year!
Ahead of the massive $20 billion expiration in Bitcoin and Ethereum options, volatility and altcoin movement are expected in the market. Singapore-based QCP Capital has highlighted a major move this Friday involving the expiration of approximately $20 billion worth of Bitcoin and Ethereum options. This amount is almost half of the total open interest on Deribit, the company said. It also said that if the spot price continues to fluctuate at current levels, option sellers are likely to bring forward their short positions.
Bitcoin Exchange Binance Deletes 11 Coin Trading Pairs: Will Remove Them on December 27!
Binance, the world's largest cryptocurrency exchange, announced that it will delist 11 trading pairs from spot trading. Binance announced on December 24 that it will delist 11 trading pairs belonging to Fusionist (ACE), AC Milan Fan Token (ACM), BOOK OF MEME (BOME), Dymension (DYM), Metal DAO (MTL), Pixels (PIXEL), QuarkChain (QKC), Radworks (RAD), Renzo (REZ) and TrueUSD (TUSD) from spot trading. According to the statement, Binance will remove ACE/BTC, ACM/TRY, BOME/BTC, DYM/BTC, MTL/TRY, PIXEL/BNB, PIXEL/FDUSD, QKC/BTC, RAD/BTC, REZ/FDUSD and TUSD/TRY trading pairs from spot trading and suspend trading as of 06:00 UTC on December 27. It was stated that trading bots that are the same as the trading pairs will also be closed in parallel.
Altcoin Team Is Selling Off Bitcoins It Collected Seven Years Ago: More May Come
According to on-chain data, Cosmos Network developers have completed a massive transfer of 295.3 Bitcoins. This is the first large-scale transfer in nearly two years. According to data at the time of the transaction, the total value of these BTCs is approximately $27.7 million. On-chain data suggests that some of the Bitcoin sold may have come from funds raised by Cosmos during its Initial Coin Offering (ICO) in 2017. Cosmos received high-value contributions in Bitcoin and Ethereum during the ICO process.
Binance Warns About Altcoin That Changes Its Economic Model! Price Dropped
IOTA has announced that it will transition to a sustainable tokenomics model called “IOTA Rebased.” This new model predicts an annual inflation of 6% on the network and plans to produce 767,000 IOTA per epoch. Staking rewards will be offered for validators and delegators, transaction fees will be kept low, and a deflationary mechanism will be activated by burning transaction fees. Binance warns users Binance, on the other hand, made a statement regarding this new model, <a-33> warning users that there will be a significant increase in total supply and circulating supply. The exchange recommended that users refer to the updated information provided by IOTA.
Binance Will Support Altcoin That Changed Its Name: These Pairs Will Be Crazy!
Binance has announced that it will support the rebranding and token swap of its Fantom (FTM) tokens as Sonic (S). During this process, Binance will take care of the technical needs of users and make the transition smoothly. According to the announcement, as of 06:00 UTC on January 13, 2025, all existing FTM trading pairs on Binance will be removed and all open FTM buy and sell orders will be canceled. Starting from this date, FTM deposits and withdrawals will also be suspended.
Binance Invests in Altcoin That Catches This Year's Trend! Price Soars Rapidly
Binance Labs has invested in Usual, a decentralized RWA (real-world asset)-backed stablecoin issuer. Usual stands out with its governance token called USUAL, which has an intrinsic value directly linked to the protocol’s revenue model. The USUAL price also increased by more than 8% after the Binance Labs announcement. Usual introduces an innovative stablecoin backed by real-world assets. This stablecoin combines the liquidity and flexibility of DeFi with secure real assets. Research by CoinGecko has revealed that RWA is one of the most popular trends this year.
DeFi Altcoin Announces Good News: Eyes Turn to the Early Days of 2025!
Unichain aims to revolutionize security and speed in the DeFi world with its mainnet set to launch in 2025. Unichain, a DeFi-focused Layer 2 solution built on the OP Stack developed by Uniswap, has announced plans to launch its public mainnet in early 2025. Unichain is currently operating on Ethereum’s Sepolia testnet, with over 50 million test transactions reported and over 4 million test contracts deployed since October. Additionally, the Sepolia testnet has achieved over 99% uptime across all critical services.
(Decentralized Finance) A Vast Ecosystem for Games and Other Various Types of Applications!
What do the key indicators say? What is Kaia Coin? The infrastructure features that the Kaia token offers in the industry are as follows: - High Performance: Kaia can achieve 4,000 real-world TPS (transactions per second) performance by using the Practical Byzantine Fault Tolerance (pBFT) consensus mechanism, which means it provides high-speed processing capacity. - Fast Transaction Verification: With a block time of 1 second, Kaia ensures transactions are finalized instantly, significantly improving the user experience.
(Decentralized Finance) A Vast Ecosystem for Games and Other Various Types of Applications!
What do the key indicators say? What is Kaia Coin? The infrastructure features that the Kaia token offers in the industry are as follows: - High Performance: Kaia can achieve 4,000 real-world TPS (transactions per second) performance by using the Practical Byzantine Fault Tolerance (pBFT) consensus mechanism, which means it provides high-speed processing capacity. - Fast Transaction Verification: With a block time of 1 second, Kaia ensures transactions are finalized instantly, significantly improving the user experience.
Author of Rich Dad Poor Dad Addresses Bitcoiners: Is It Time to Get Rich?
Robert Kiyosaki, author of the book Rich Dad Poor Dad, stated in his latest statement on social media that a global economic collapse has begun. Stating that the economies of Europe, China and the US are in decline, Kiyosaki warned that a possible "depression" period could be entered. Kiyosaki urged his followers to act more financially wisely and offered the following advice: Hold on to your money and your job: A stable source of income and savings are crucial during times of economic uncertainty.
MicroStrategy Bought Bitcoin Nearly at the Top: Invested Another $561 Million
MicroStrategy announced on December 23, 2024, that it purchased a total of 5,262 Bitcoins between December 16, 2024 and December 22, 2024. The company said it spent approximately $561 million on these purchases, with the average price per Bitcoin being $106,662, including expenses and commission fees incurred on these purchases. Financing was provided through share sales MicroStrategy secured the financing required for the Bitcoin purchases through a Stock Sale Agreement with TD Securities, Barclays Capital, The Benchmark Company, BTIG, and other financial institutions dated October 30, 2024. Between December 16-22, the company sold 1,317,841 shares of Class A common stock, generating net proceeds of approximately $561 million.
Altcoin Founder Wanted by Interpol: Shared Encrypted Message, Said He's Ready!
Interpol has issued a “Red Notice” for Finland for Richard James Schueler (known as Richard Heart), the founder of Hex and PulseChain. A Red Notice is an official warning to Interpol member countries that a valid national arrest warrant has been issued for a specific person. If the suspect is caught in another country, it will initiate the extradition process. In that case, Finland issued an arrest warrant for Schueler on charges of fraud worth “hundreds of millions of euros” and assault on a 16-year-old. Schueler was added to a list of “most wanted criminals” run by the European Union’s law enforcement agency Europol.