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◽Altcoin Alerts, News, Events, ICO/IEO Updates, Research, Tweets and more. 🚩Content posted in this channel should not be considered as investment advice. Invest only at ur own risk.
🔔 CredeFi Announces Burn of 58M $CREDI Tokens, Reducing Supply to 942M !
$Credi has reduced its total supply by burning 58M tokens, bringing it down to 942M. With a current market cap of $15M, the project is part of the Real-World Asset (RWA) sector, which is gaining traction. The deflationary model positions $Credi as a potential growth candidate within this space.
Credefi is a lending platform that integrates cryptocurrency with real-world asset-backed loans, specifically targeting small and medium-sized enterprises (SMEs) in the European Union. The platform offers lenders stable returns generated from assets like real estate and future receivables. Credefi’s goal is to provide accessible
financing options to businesses while bridging the gap in traditional debt financing.
▶️ Check More Details Here:
https://x.com/credefi_finance/status/1866909250964033554
▶️ Project Socials:
Website | X | Telegram
🔔 BounceBit Partners with Ondo Finance to Introduce Tokenized RWA !
BounceBit has announced the integration of Ondo Finance’s tokenized US Treasuries (USDY) into its CeDeFi V2 platform. This collaboration provides users with access to USDY vaults offering up to 4.65% APY, enhanced $BB rewards, and streamlined platform functionality, further connecting traditional finance with decentralized finance opportunities.
Ondo Finance, a US-based technology firm, aims to make institutional-grade financial products accessible to all. Led by former Goldman Sachs Digital Assets executives, Ondo collaborates with major institutional partners such as BlackRock and Morgan Stanley.
BounceBit leads in CeDeFi, providing institutional-grade yields, restaking solutions, and CeDeFi-as-a-Service. Its PoS Layer 1 chain, secured by BTC and $BB, combines Bitcoin security with EVM compatibility.
▶️ Check More Details Here:
https://x.com/bounce_bit/status/1866498336930607472
▶️ Project Socials:
Website | X | Discord
⚡️ News Flash - 10 Dec 2024 !
1️⃣ Michael Saylor’s Proposal for Microsoft to Invest in Bitcoin Rejected by Shareholders
Microsoft shareholders rejected Michael Saylor's proposal to invest in Bitcoin, prioritizing traditional financial strategies over crypto diversification.
2️⃣ Raydium Surpasses Uniswap in Monthly DEX Volumes Once More
Solana-based DEX Raydium outpaced Uniswap in monthly trading volumes for November, achieving $30 billion, driven by memecoin trading and its dominance in the Solana ecosystem, according to Messari.
3️⃣ Sentencing for Former Celsius Executive Canceled Following Alex Mashinsky Plea Deal
Roni Cohen-Pavon’s sentencing is delayed until after former Celsius CEO Alex Mashinsky’s April 2025 hearing, as his testimony may influence Mashinsky’s case. Cohen-Pavon pleaded guilty to fraud and manipulation charges, while Mashinsky faces up to 30 years in prison following a plea deal.
4️⃣ Crypto Market Selloff Triggers Largest Altcoin Liquidation Since 2021
The crypto market saw a massive deleveraging, with altcoins hit hardest. Liquidations reached $1.58 billion, led by $12.8 billion wiped from altcoin open interest. Major altcoins like Ether and Solana dropped sharply, while Bitcoin saw a quick rebound to $97,000.
5️⃣ Abu Dhabi Approves Tether's USDT as an Accepted Virtual Asset
The Abu Dhabi Global Market has officially recognized Tether's USDT stablecoin as an accepted virtual asset, enabling licensed financial providers to offer services related to USDT. This move supports the UAE's goal to become a global digital finance hub.
🔔 Crypto.com Collaborates with Deutsche Bank to Enhance Corporate Banking in Asia-Pacific !
Crypto.com partners with Deutsche Bank to enhance corporate banking in Singapore, Australia, and Hong Kong, strengthening its Asia-Pacific operations and global expansion. The collaboration boosts efficiency, aligns with Crypto.com’s growth milestones, and underscores its commitment to security and compliance.
▶️ Check More Details Here:
https://x.com/cryptocom/status/1866380702809309228
🔔 Binance CEO Richard Teng Calls US Market Re-Entry a ‘Premature Discussion’ !
Binance CEO Richard Teng said it's "premature" to discuss re-entering the U.S. market despite a pro-crypto administration incoming. Following Binance's $4.3 billion settlement and U.S. exit in 2023, Teng emphasized the exchange's focus on global expansion and institutional growth.
▶️ Check More Details Here:
https://www.youtube.com/watch?v=ubvjPCh7HPI&t=4s
🔔 Ripple CEO Calls Out 60 Minutes for Excluding XRP Ruling Information !
Ripple CEO Brad Garlinghouse criticized a 60 Minutes segment on crypto's role in the 2024 U.S. elections for omitting key details about the SEC's lawsuit against Ripple. The report, aired Dec. 8, highlighted Ripple’s funding of pro-crypto candidates through Fairshake and the SEC’s claim that Ripple’s XRP sales constituted unregistered securities. Garlinghouse voiced concerns over the lack of context provided in the coverage.
▶️ Check More Details Here:
https://x.com/bgarlinghouse/status/1865930540056027268
🔔 Terrace Announces Public Sale on FJORD !
Terrace is launching its native token, $TRC, through an Public Sale on FJORD from 9 Dec to 16 Dec. The token is priced at $0.025, with a total supply of 1 billion $TRC and a fully diluted valuation (FDV) of $25 million. The sale allocation is 100 million $TRC, and the token generation event (TGE) is scheduled for January to February 2025.
Terrace is a crypto trading and portfolio management platform offering access to over 2 million tokens across 40+ venues on 13 blockchains. Backed by Hack VC, Y Combinator, and HashKey Capital, it provides features like best price routing, advanced order types, and multi-wallet support for seamless trading.
▶️ Check More Details Here:
https://x.com/terrace_fi/status/1866045118341668944
▶️ Project Socials:
Website | X | Telegram
🔔 Sushi CEO Jared Grey Announces Plans for Multiple Product Launches in 2025 !
Sushi CEO Jared Grey revealed plans for 2025, including the launch of several new products: Wara, a trading platform on Solana; Susa, an on-chain order book perpetual DEX; Kubo, a delta-neutral market launcher; Blade, an MEV-eliminating AMM; and expanded distribution for the SushiSwap Aggregator.
▶️ Check More Details Here:
https://x.com/jaredgrey/status/1865743975593963636
🔔 El Salvador’s Bitcoin Holdings Surpass $300M, Says President !
Salvadoran President Nayib Bukele celebrated Bitcoin surpassing $100,000 by sharing the country’s unrealized gains from its BTC holdings. El Salvador, which spent nearly $270 million on Bitcoin since its adoption, now sees unrealized gains exceeding $333 million, with no sales made to date.
▶️ Check More Details Here:
https://cointelegraph.com/news/el-salvador-bitcoin-holdings-unrealized-gains
🔔 U.S. Spot Ether ETFs Record Two Weeks of Inflows as ETH Exceeds $4,000 !
U.S. spot ether ETFs have seen 10 days of inflows, hitting a record $836.7M last week, led by BlackRock's ETHA and Fidelity's FETH. This coincides with Ethereum's rally above $4,000 and its highest on-chain volume since 2021, boosting NFT market activity.
▶️ Check More Details Here:
https://sosovalue.com/assets/etf/us-eth-spot
🔔 Reserve Protocol Investor Transfers 680M RSR to Binance Amid 100% Weekly Surge !
A suspected Reserve Protocol investor address (0xaa...17b3) transferred 680 million RSR tokens, valued at approximately $12.84 million, to Binance today. Over the past week, RSR has surged by more than 100%. Notably, Paul Atkins, recently appointed by Trump as Chairman of the U.S. SEC, has previously served as an advisor to Reserve Protocol.
▶️ Check More Details Here:
https://intel.arkm.com/explorer/address/0xaa3ADD47bE786D58926cBA898A10C9921C6617b3
🔔 FCA Bans Pump.fun in the UK Following Issued Warning !
The UK FCA has warned against Pump.fun, a memecoin generator on Solana, for operating without authorization and lacking consumer protections. Despite generating $288.4M in revenue since January 2024, the FCA advises users to avoid the platform and beware of scams.
▶️ Check More Details Here:
https://www.fca.org.uk/news/warnings/pumpfun
🔔 U.S. Spot Bitcoin ETFs Surpass Satoshi Nakamoto's Holdings, Becoming Largest Bitcoin Entity !
According to Bloomberg ETF analyst Eric Balchunas, U.S. spot Bitcoin ETFs now hold approximately 1,104,534 BTC, surpassing Satoshi Nakamoto's estimated 1,100,000 BTC and making them the largest Bitcoin holder globally within less than a year. Following in holdings are Binance (633,103 BTC), MicroStrategy (402,100 BTC), and the U.S. government (198,109 BTC).
▶️ Check More Details Here:
https://x.com/EricBalchunas/status/1865012801997087105
⚡️ News Flash - 05 Dec 2024 !
1️⃣ Mt. Gox Transfers $2.5B to Unknown Wallet as Bitcoin Surpasses $100K
Mt. Gox transferred 24,051 BTC (~$2.5B) after Bitcoin hit $100K, sparking speculation about creditor repayments. The exchange still holds 39,878 BTC, with payouts extended to October 2025.
2️⃣ Credefi Finance Prepares to Launch Bank Transfer Feature
Credefi Finance is set to launch a Bank Transfer feature, integrating $CREDI and $xCREDI tokens for reduced or waived fees. The platform emphasizes regulatory compliance, security, and expanding access to innovative financial products, enhancing value for its users.
3️⃣ Base Hits New All-Time High with 8.8 Million Daily Transactions
Base has set a new record with 8.8 million daily transactions, leading the optimistic rollup ecosystem. With a TVL of $3.6 billion and $227 million in weekly net inflows, Base outpaced Solana's $71 million. Network fees also peaked at $766,000, highlighting growing demand.
4️⃣ Hong Kong Police Acknowledge Binance's Support in Criminal Syndicate Investigation
Binance was awarded by the Hong Kong Police Force for helping dismantle a fraud and money laundering group using virtual assets. This recognition underscores Binance's continued support for global law enforcement in combating cybercrime.
5️⃣ Phantom Wallet Integrates Sui Blockchain, Expanding Multi-Chain Support
Phantom wallet has integrated the Sui blockchain, joining Solana, Bitcoin, and Ethereum as supported Layer 1 blockchains. This addition brings features like staking, built-in token exchange, NFT storage, multi-chain support, and hardware wallet integration to Sui users.
🔔 Binance Introduces On-Chain Yields Products with Babylon BTC Staking !
Binance has unveiled its On-Chain Yields financial products, starting with Babylon BTC Staking. Users can participate directly through their Binance accounts and earn rewards in the form of Babylon Points.
▶️ Check More Details Here:
https://www.binance.com/en/support/announcement/589b18e844dc48538c7340353186d939
🔔 Texas Lawmaker Proposes Bill for Strategic Bitcoin Reserve in Line with Trump’s Crypto Agenda !
A bill to create a Texas Bitcoin reserve was introduced by Rep. Giovanni Capriglione, aligning with President-elect Donald Trump's support for a federal Bitcoin reserve. The proposal seeks to establish a state treasury reserve funded by donations, held for up to five years. Similar efforts include Sen. Cynthia Lummis' draft federal bill and state initiatives in Pennsylvania. Critics, like former Federal Reserve official Bill Dudley, argue such reserves offer limited value and expose governments to high volatility.
▶️ Check More Details Here:
https://www.theblock.co/post/330648/texas-lawmaker-introduces-bill-for-strategic-bitcoin-reserve-aligning-with-trumps-crypto-agenda
🔔 India Gearing Up for a CBDC-Driven Economy, Says Central Bank Governor !
On his final day as RBI governor, Shaktikanta Das highlighted India's leadership in central bank digital currency (CBDC) development, calling the RBI a "pioneer" for its pilot digital rupee project. He also emphasized leveraging technology through initiatives like the RBI Innovation Hub and a fintech regulatory sandbox.
▶️ Check More Details Here:
https://x.com/DasShaktikanta/status/1866318590531510753
🔔 JUST IN: Goldman Sachs CEO Says Firm May Consider Bitcoin and Ethereum Markets If Regulators Approve !
Goldman Sachs, with $3 trillion in assets under management, has expressed interest in Bitcoin and Ethereum, awaiting regulatory approval before making moves in the cryptocurrency market.
▶️ Check More Details Here:
https://www.reuters.com/business/reuters-next-live-goldman-sachs-ceo-supermicro-boss-other-business-leaders-2024-12-10/?arena_mid=n1MII15TZgRri9Gm4v8h
🔔 Binance to List Magic Eden (ME) with Seed Tag !
Binance will list Magic Eden (ME) and open trading for ME/BTC, ME/USDT, ME/FDUSD, and ME/TRY pairs on December 10, 2024, at 15:00 (UTC). Deposits are now available, with withdrawals opening on December 11, 2024, at 15:00 (UTC).
▶️ Check More Details Here:
https://www.binance.com/en/support/announcement/d4f72bdd82d44a0591ee40d41f0b44d5
🔔 Aethir Teams Up With Mira Network !
Aethir has teamed up with Mira to provide cloud computing infrastructure, leveraging its decentralized GPU network to boost Mira’s AI verification capabilities. This collaboration allows Mira to process vast datasets, perform consensus checks across multiple LLMs, and improve AI accuracy.
Mira is focused on Web3 infrastructure and digital identity, providing secure, scalable, and user-friendly blockchain solutions designed to help businesses and developers utilize blockchain technology effectively.
Aethir is a decentralized cloud compute platform that connects underutilized enterprise-grade GPUs with users needing on-demand compute power for AI, gaming, and virtual workloads.
▶️ Check More Details Here:
https://x.com/AethirCloud/status/1866122189893665180
▶️ Project Socials:
Website | X | Telegram
🔔 MicroStrategy Expands Bitcoin Holdings to 423,650 BTC Valued at $25.6 Billion !
MicroStrategy has added 21,550 BTC for $2.1 billion at an average price of $98,783 per Bitcoin. The company now holds 423,650 BTC, acquired for $25.6 billion at an average cost of $60,324 per Bitcoin, with strong quarterly and year-to-date yields of 43.2% and 68.7%, respectively.
▶️ Check More Details Here:
https://x.com/saylor/status/1866106687699964016
🔔 Binance Announces Movement (MOVE) as Third Project on Airdrops Portal !
Binance is launching Movement (MOVE) on its Airdrops Portal, rewarding BNB holders who subscribed to Simple Earn products between Dec 2-5, 2024. MOVE, an Ethereum Layer 2 with Move's security features, will list on Dec 9 with multiple trading pairs. Initial circulating supply is 22.5% of its 10 billion total supply.
▶️ Check More Details Here:
https://www.binance.com/en/support/announcement/8a585286abc547d293e269beeb6b9bf3
🔔 Hack Reportedly Hits Cardano Foundation's X Account !
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🔔 Michael Saylor Urges U.S. to Swap Gold Reserves for Bitcoin to Boost Reserve Currency Status !
Michael Saylor, founder of MicroStrategy, has suggested the U.S. sell its gold reserves to buy Bitcoin, aiming to control 20-25% of its supply. He argues this would strengthen the dollar’s global reserve status and challenge gold-reliant nations. Saylor previously faced criticism for endorsing major banks over hardware wallets for crypto security.
▶️ Check More Details Here:
https://coingape.com/michael-saylor-says-us-should-ditch-gold-and-buy-bitcoin-heres-why/
🔔 Casper AI Announce IDO on Ape Terminal !
Casper AI is launching its native token, $AIAGENT, through an IDO on Ape Terminal from 6 Dec to 10 Dec. The public price for $AIAGENT is $0.002, with a total IDO allocation of 50 million tokens. The token's total supply is 1.26 billion, and the initial market cap is $340K.
The Casper AI Platform on the Casper blockchain enables users to create, customize, and trade tokenized AI Agents backed by $AIAGENT. With features like multichain compatibility, staking, and a marketplace, it bridges AI and blockchain for automation, analytics, and monetization across industries.
▶️ Check More Details Here:
https://x.com/AI_CSPR/status/1865043407913050422
▶️ Project Socials:
Website | X | Telegram
🔔 FSOC Highlights Stablecoins as a 'Potential Risk' to Financial Stability !
The FSOC warns stablecoins pose financial stability risks due to poor risk management and market concentration, with Tether dominating 66.3% of the $205B market. Its failure could disrupt crypto and traditional finance.
▶️ Check More Details Here:
https://home.treasury.gov/system/files/261/FSOC2024AnnualReport.pdf
🔔 JUST IN: Ethereum Breaks $4,000, Spot ETF Inflows Reach Record $428 Million !
Ethereum (ETH) has surpassed $4,000 for the first time since March, driven by strong inflows from U.S. spot ETFs. On December 5, net inflows into Ethereum spot ETFs hit a record $428 million, highlighting growing institutional interest.
▶️ Check More Details Here:
https://www.bloomberg.com/news/articles/2024-12-06/ether-gets-the-limelight-as-record-chasing-etf-investors-pile-in
🔔 Binance to List Across Protocol (ACX) and Orca (ORCA) with Seed Tag !
Binance will list Across Protocol (ACX) and Orca (ORCA) with trading for ACX/USDT and ORCA/USDT starting on 2024-12-06 at 13:00 (UTC), and withdrawals opening on 2024-12-07 at 13:00 (UTC). Both tokens will carry a seed tag, with no listing fee. Smart contract addresses are provided for Ethereum (ACX) and Solana (ORCA).
▶️ Check More Details Here:
https://www.binance.com/en/support/announcement/b8b988973b88493192f2e43ba26da331
🔔 Trump Congratulates Bitcoiners as El Salvador’s Nayib Bukele Celebrates Bitcoin Surpassing $100K !
President-elect Donald Trump celebrated Bitcoin surpassing $100,000, congratulating holders on Truth Social and reiterating plans to make Bitcoin a strategic U.S. asset under his administration. Meanwhile, El Salvador's President Nayib Bukele showcased the nation's Bitcoin success, sharing a portfolio snapshot worth over $603 million, highlighting his country’s embrace of the cryptocurrency.
▶️ Check More Details Here:
https://www.foxbusiness.com/markets/trump-congratulates-bitcoiners-el-salvadors-nayib-bukele-takes-victory-lap-bitcoin-over-100k
🔔 Bitcoin Surges Past $100,000, Hits New High of $104,000 !
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