โด๏ธ Mining company Bitdeer reported that its reserves reached 1998.3 BTC. Over the past week, 146.2 BTC were mined and 144.7 BTC were sold, resulting in a net increase in reserves of 1.5 BTC
#BTC #mining #crypto
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๐ค On-chain analyst Ai Yi: A trader opened an $80 million long position in ETH and a $21.9 million short position in BTC, with the current floating loss on these positions exceeding $50,000. The total profit for this address since July is $3.638 million
#ETH #BTC #ai
๐ฒ Galaxy Digital CEO Mike Novogratz: XRP and Cardano (ADA) risk losing relevance if they cannot demonstrate real utility. In his opinion, the crypto market is moving from "narrative-based tokens" to "business-based tokens" with measurable value
#XRP #ADA #crypto
๐ฑ๐ฆ Bank of China successfully completed the first-ever cross-border consumer payment transaction using a QR code in digital yuan between China and Laos
#crypto #blockchain #news
๐ 0๏ธโฃ LayerZero's community proposal to activate the protocol fee mechanism did not pass due to a lack of quorum. The next vote on this matter will take place in 6 months
#ZRO #crypto #blockchain
๐ Cryptocurrency exchange bit.com has announced the cessation of its operations and the launch of a "user asset migration plan"
#crypto #blockchain #news
๐ Discord: Lighter announced the Season 3 points program ahead of the TGE, which Polymarket predicts will take place on December 29th
#POL #crypto #blockchain
๐ Yuga Labs acquired a platform for creation on Unreal Engine from Improbable, which underpins the Otherside metaverse. A perpetual license agreement for Otherside technologies was also concluded, and several Improbable developers will join Yuga Labs
#metaverse #crypto #blockchain
๐ Bitmine has staked another 79.3k ETH, bringing the company's total staked ETH to 154k ETH
#ETH #crypto #blockchain
โด๏ธ CEO Jan3 Samson Mow: 2025 will be bearish, but after that Bitcoin could enter a long-term bull market lasting until 2035
#BTC #crypto #blockchain
๐ป๐ช The Information: JPMorgan has frozen the accounts of at least two stablecoin startups operating in high-risk markets like Venezuela. One of the affected companies is Blindpay
#crypto #blockchain #news
๐ A large whale sold 35,605 ETH in the last 11 days, realizing a profit of $13.14 million
#ETH #crypto #blockchain
๐ A wallet linked to Justin Bram received 5.37 million WLD (~$2.6 million) from World Coin, of which 943,000 WLD were sold for $458,814
#WLD #crypto #blockchain
โด๏ธ A large whale closed short positions on BTC, AAVE, and SOL, making a profit of $1.13 million. The trader's cumulative profit exceeded $5.08 million
#BTC #SOL #AAVE
๐ Wallets linked to Pantera Capital transferred 5264 ETH (~$15.4 million) to Coinbase Prime
#ETH #COIN #crypto
๐ต๐ฐ Pakistani authorities have uncovered a transnational fraud scheme involving fake cryptocurrency investments worth approximately $60 million. The criminals lured victims to counterfeit trading platforms, extorting funds under the guise of high returns, and then blocked their accounts
#crypto #blockchain #news
๐ Cointelegraph: Sharplink CEO predicts tenfold growth in Ethereum's TVL by 2026
#ETH #crypto #blockchain
๐ Cointelegraph: Bitmain cuts prices on ASIC miners amid mining industry turmoil
#mining #crypto #blockchain
๐ Cointelegraph: Fundstrat co-founder Tom Lee highlighted Ethereum's growing role in asset tokenization and outlined his bullish outlook
#ETH #rwa #crypto
๐ Bloomberg: Coinbase CEO Brian Armstrong announced the arrest in India of a former customer support contractor involved in a hacking attack. In May, Coinbase revealed that hackers bribed employees to obtain data and demanded a ransom of $20 million
#COIN #crypto #blockchain