Beam Foundation announced the launch of Beam Ventures
Beam Ventures is a $150 million fund focused exclusively on gaming, aiming to accelerate and contribute to Abu Dhabi’s transformation into a global gaming hub. Beam is an open-source blockchain specialized for gaming developed by Merit Circle.
👉 venturebeat.com/game-development/beam-ventures-launches-150m-fund-to-make-abu-dhabi-into-a-global-gaming-hub/
Sonic Labs (FTM) DeFi Ecosystem Overview
The Sonic Labs ecosystem reached a total TVL of $278M, with a 10.8% growth in the last 30 days. Leading the ecosystem are Beethoven X ($51.5M), Equalizer ($36.5M), SpookySwap ($26.7M).
Magic Eden (ME) will hold its initial listing on multiple exchanges today, at 2:00 PM UTC
The ME trading goes live on Binance, OKX, Bybit, KuCoin, Gate, MEXC, and Bitget at 2:00 PM UTC. ME is live on Pre-Markets with an average price of $6.5. Initial circulating supply is 125 million ME.
Magic Eden is a multi-chain NFT marketplace with $160 million in fundraising from Paradigm, Sequoia Capital, Solana Ventures, Electric Capital, and Lightspeed Venture.
👉 x.com/binance/status/1866385881839403410
DAILY CRYPTOMARKET REVIEW
Total Market Capitalization: $3.65T (-4.38%)
BTC Price: $97,592 (-1.39%)
BTC Dominance: 52.9% (+0.90%)
Fear & Greed Index: 78 (Extreme Greed)
Total Value Locked: $207B (-5.95%)
The biggest Fundraising Rounds conducted in the last 7 days
Projects that received the most funding are Public ($135M), an online brokerage platform, Union Labs ($12M), a ZK infrastructure layer, and Spexi ($11.5M), a blockchain-powered drone imagery solution.
Top-15 Market Capitalization Gainers in the last 30 days
Among the top performers are Hedera, a public distributed ledger technology, Across Protocol, a cross-chain token bridge, and CookieDAO, an AI Agent Index and data layer for AI.
Movement (MOVE) launches on Binance HODLer Airdrops
Users who subscribed to Simple Earn products on December 2-5 will get the airdrop distribution. Binance will list MOVE on December 9th, 13:00 UTC. Movement Labs is building a network of Move-based chains. Previously, it raised $41.4M in funding from top tier funds.
👉 binance.com/en/support/announcement/introducing-move
Projects that will hold its initial listing next week
Presenting the list of the projects that have already announced their initial listing and plan to enter the crypto market within the next 7 days. The list includes Movement Labs, Lumoz, U2U Network, KIP Protocol, Magic Eden, PLAY, Wise Monky, EARN'M and Suilend.
MAJOR UPCOMING EVENTS IN DECEMBER!
A full list of Major Upcoming Events, to be updated
👉 https://cryptodiffer.com/events
Movement Labs (MOVE) launched the first phase of Mainnet Beta
Mainnet Beta features follower and RPC nodes, indexes, permissioned smart contracts, block explorer, and Genesis NFTs. Movement will hold its initial listing on Coinbase and OKX on December 9. The project raised $41.4M in funding backed by Binance Labs, Polychain Capital, Hack VC, and others.
👉 movementnetwork.xyz/article/movement-network-mainnet-beta-blockchain-live
Pudgy Penguins announced the launch of PENGU token
PENGU token features a total supply of 88 billion tokens, with 23.5% allocated to holders of Pudgy Penguins and related NFTs. With over 3 million followers across social platforms, Pudgy Penguins has grown into a mainstream digital brand.
👉 x.com/pudgypenguins/status/1864851993094664602
Across Protocol (ACX) & Orca (ORCA) to be listed on Binance
Binance will list ACX and ORCA & open trading for COW/USDT and CETUS/USDT pairs. Users can now start depositing ACX and ORCA in preparation for trading. Across Protocol is a cross-chain token bridge. Orca is a DEX and AMM protocol on Solana.
👉 binance.com/en/support/announcement/binance-lists-acx-orca
XION (XION) conducted its initial listing and launched mainnet
XION has also launched a gamified token airdrop dubbed “Double or Nothing” and farming on Bybit and Bitget exchanges with 1.3M XION tokens in total rewards. XION is a Layer 1, built for mainstream adoption through Generalized Abstraction.
👉 x.com/burnt_xion/status/1864612238302302499
❗️Dear community, CryptoDiffer will hold an AMA with PLAY on December 6th at 1:00 PM UTC in the CryptoDiffer Telegram Chat!
The reward pool for the best questions is $100 USDC!
(Questions from previous AMAs are strictly forbidden and people will be disqualified from participating in the reward distribution.)
CHAT 🗣 https://t.me/joinchat/Brbs51k5cWoRBKtsgmb6Ew
❗️Bitcoin has reached a new ATH, now trading around $103K
In the past 24 hours, BTC price surged by 6.22%, pushing its market cap to $2.17 trillion. Market dominance stands at 52.7%.
DAILY CRYPTOMARKET REVIEW
Total Market Capitalization: $3.65T (-0.89%)
BTC Price: $97,971 (+0.59%)
BTC Dominance: 53.1% (+0.20%)
Fear & Greed Index: 74 (Greed)
Total Value Locked: $208B (+0.48%)
Fuel introduced its native token for its L2 developer network
The FUEL token will have a 10 billion supply and be issued as an Ethereum Mainnet ERC-20 token. Fuel's Ignition Network leverages its virtual machine architecture - FuelVM, uses a new Rust-based programming language Sway, and UTXO transaction output model.
👉 theblock.co/post/330065/ethereum-rollup-fuel-token
Hyperbolic announced the closure of $12 million Series A funding round
Variant and Polychain Capital led the Series A round with participation from Chapter One, Lightspeed Faction, Bankless, GSR, IOSG, Vertex, Wintermute, Alumni, and Ambush Capital. Hyperbolic is building an open-access cloud platform for AI development.
👉 cointime.ai/flash-news/web3-ai-cloud-startup-hyperbolic-completes-98427
Crypto Events Recap, December 7-9
👉 cryptodiffer.com/feed/project-updates/crypto-events-recap-december-7-9-2024
MicroStrategy has acquired 21,550 BTC for ~$2.1 billion
The average purchase price per one BTC is $98,783. The total Bitcoin holding is 423,650 BTC acquired for ~$25.6 billion at ~$60,324 per bitcoin.
👉 twitter.com/saylor/status/1863569873713955156
Kip Protocol (KIP) initial listing to take place on KuCoin & Gate
The trading will commence on December 10th, 14:00 UTC. Previously, KIP revealed that 20% of the total KIP supply has been reserved specifically for its community. KIP Protocol is an open-source Web3 framework for AI applications, backed by Animoca Ventures.
👉 x.com/KIPprotocol/status/1865975504836386875
DAILY CRYPTOMARKET REVIEW
Total Market Capitalization: $3.77T (-3.13%)
BTC Price: $99,043 (+0.12%)
BTC Dominance: 52.0% (+0.10%)
Fear & Greed Index: 78 (Greed)
Total Value Locked: $219B (-1.76%)
Projects by Diluted Valuation launched this week
Let's discover the latest projects making waves in the space. Leading the list are XION, a Layer 1 built for mainstream adoption, SynFutures, a DEX and full-stack financial infrastructure, and Ponchiqs, an AI-powered blockchain-based game.
Crypto Events Recap, December 5-6
👉 cryptodiffer.com/feed/project-updates/crypto-events-recap-december-5-6-2024
KIP Protocol announced KIP token TGE on December 10th
To reward its contributions, KIP has revealed that 20% of the total KIP token supply has been reserved specifically for its community, especially node holders. KIP Protocol is an open-source Web3 framework for AI applications, backed by Animoca Ventures.
👉 x.com/KIPprotocol/status/1864331559475793942
DAILY CRYPTOMARKET REVIEW
Total Market Capitalization: $3.75T (-3.52%)
BTC Price: $98,221 (-4.12%)
BTC Dominance: 51.8% (-0.90%)
Fear & Greed Index: 72 (Greed)
Total Value Locked: $218B (+0.88%)
Movement Labs (MOVE) will hold its TGE on December 9th
Coinbase and OKX have already announced the upcoming listing. Movement is a modular framework platform that builds and deploys move-based chains and apps. Previously, it raised $41.4M in funding backed by Binance Labs, Polychain Capital, Hack VC and others.
👉 x.com/movementfdn/status/1864197945471709413
Mode (MODE) launched testnet of Synth, its Bittensor subnet
Synth, a subnet for Financial Forecasting, uses Bittensor’s decentralized intelligence to create accurate forecasting data, unlocking new powers for AI Agents. Mode is an Ethereum Layer 2 network. Previously, Mode introduced its roadmap for 2025.
👉 x.com/modenetwork/status/1864302255979020765
DAILY CRYPTOMARKET REVIEW
Total Market Capitalization: $3.88T (+4.32%)
BTC Price: $103,197 (+6.49%)
BTC Dominance: 52.7% (+1.40%)
Fear & Greed Index: 84 (Extreme Greed)
Total Value Locked: $216B (+0.49%)