OKX Ventures, the investment arm of the prominent cryptocurrency exchange OKX, has officially announced its investment in Usual Protocol, a cutting-edge decentralized stablecoin project that aims to transform the financial landscape. This investment is a significant step in OKX Ventures’ mission to identify and support blockchain startups with strong potential, particularly those focusing on decentralized […]

Bitcoin exchange-traded funds (ETFs) in the United States have seen a significant wave of outflows for the third consecutive day, reflecting Bitcoin’s struggle to recover above the $93,000 level after dipping below it in recent trading. Data from SosSoValue highlights that the 12 spot Bitcoin ETFs tracked by the platform saw $226.56 million in inflows […]

Binance has announced that it will be removing several spot trading pairs as part of its regular review process aimed at maintaining a seamless and efficient trading environment. The review focuses on pairs with low trading volumes and insufficient liquidity, ensuring that only active and liquid markets remain available to users. Effective December 27, 2024, […]

Usual, a decentralized fiat-backed stablecoin issuer, has successfully raised $10 million in a Series A funding round, led by Binance Labs and Kraken Ventures. The announcement, made on December 23 via X, revealed that the fundraising round also attracted participation from major venture capital platforms, including Galaxy Digital, OKX Ventures, Wintermute, and Amber Group. This […]

XRP’s price has recently experienced a notable retracement after the strong gains made in November, with the cryptocurrency dipping to $2.14 on Monday. This marks a 26% decline from its recent peak, pushing the coin into bear market territory. This decline is part of a broader market pullback, as many altcoins, including XRP, have faced […]

Solana has outperformed Ethereum in a key metric for three consecutive months, cementing its growing influence in the blockchain space, especially in the decentralized exchange (DEX) sector. December saw Solana’s protocols handle over $97 billion in trading volume, significantly outperforming Ethereum’s $74 billion in the same period. This marks Solana’s third straight month of surpassing […]

Community Gaming has announced the upcoming launch of Forkast, a gaming prediction market built on the Ethereum sidechain Ronin, set to go live on January 7, 2025. Ronin, a blockchain developed by Sky Mavis, the creators of Axie Infinity, is expanding beyond gaming and moving towards consumer-focused decentralized applications (dApps). The launch of Forkast marks […]

MicroStrategy, the largest corporate holder of Bitcoin, has continued its aggressive acquisition strategy, purchasing 5,262 BTC for $561 million at an average price of $106,662. This marks the seventh consecutive week of Bitcoin purchases by the Virginia-based software company, which now holds 444,262 BTC, valued at nearly $45 billion. MicroStrategy’s total investment in Bitcoin amounts […]

The cryptocurrency market is experiencing a notable lull as it approaches Christmas 2024, with major coins showing a lackluster performance. Despite Bitcoin reaching an all-time high of over $108,000 just six days ago, it has struggled to stay above the $100,000 mark and is currently trading at around $95,904. Over the past week, Bitcoin has […]

Hyperliquid’s native token, HYPE, saw a significant 20% price drop today, falling to $26.54, with its market cap dropping below $9 billion. This comes after a period of impressive growth, with HYPE reaching an all-time high of $34.96 on December 22, marking a nearly 200% increase from its airdrop listing price of $11. The surge […]