Movement Labs is close to raise $100M Series B
CoinFund and NovaFund will lead the round.
https://fortune.com/crypto/2025/01/08/movement-labs-series-b-100-million-coinfund-brevan-howard/
The US Govt has been given the greenlight to liquidate 69,000 BTC ($6.5B) from Silk Road.
https://x.com/tier10k/status/1877176406905356670
Billionaire Mark Cuban says he'd rather own Bitcoin than gold if something bad happens to the economy.
"I think it has more value."
https://x.com/WatcherGuru/status/1877110720455696802
Binance has published its annual end-of-year report, which highlights its key areas of progress and quantitative indicators of growth. In 2024, the world’s largest crypto ecosystem crossed the mark of 250M – quarter of a billion – registered users in 2024.
https://www.binance.com/en/blog/ecosystem/binances-2024-endofyear-report-wrapping-a-transformative-year-quarter-of-a-billion-users-strong-7581605994538648935
Sonic SVM launches multimillion-dollar fund for Web3 gaming, AI agents.
https://cointelegraph.com/news/sonic-svm-launches-million-dollar-fund-for-web3-gaming-amid-ai-agent-hype
💧 Top 20 Potential TGE in Q1 by Total Funds Raised
👉 https://dropstab.com/tab/potential-tges-in-q1-2025-pu4qir1v8a
A new batch of Binance Alpha Projects is now live: LMT, PAAL, and SNAL.
https://x.com/BinanceWallet/status/1876932184226861144
Virtuals Discord server has been compromised.
https://twitter.com/virtuals_io/status/1876921173340246492
Ark Invest’s digital assets head Yassine Elmandjra announced his resignation.
https://x.com/yassine_elman/status/1876757022454038946
Binance Futures Will Launch USDⓈ-Margined SONICUSDT Perpetual Contract With up to 75x Leverage
https://www.binance.com/en/support/announcement/binance-futures-will-launch-usd%E2%93%A2-margined-sonicusdt-perpetual-contract-with-up-to-75x-leverage-6bc1e2d898e7449da0f94fb63b7ff952
A New York district court judge has granted Coinbase's move to appeal, putting the U.S. Securities and Exchange Commission's lawsuit against the exchange on pause.
The SEC sued Coinbase in 2023 for allegedly operating as an unregistered exchange, broker, and clearing agency.
https://www.theblock.co/post/333509/ny-judge-grants-coinbases-move-for-an-interlocutory-appeal-putting-secs-case-on-pause
President-elect Trump says "we will cut taxes, slash regulations, raise wages and boost incomes at a pace the world has not seen before."
https://x.com/watcherguru/status/1876674519563448627
The crypto market is down
BTC Dominance - 56.24%
Market Cap - $3.39T
BTC - $96,468.77 (-5.22%)
ETH - $3,354.78 (-8.96%)
XRP - $2.31 (-4.04%)
BNB - $696.8 (-4.32%)
SOL - $198.59 (-8.52%)
INJ - $23.68 (-8.31%)
TON - $5.21 (-8.65%)
SUI - $4.69 (-7.44%)
https://dropstab.com
Usual has introduced the Revenue Switch
Revenue Switch is Usual’s next leap forward—a bold mechanism designed to deliver direct value to USUAL holders.
The switch activates when more than 50% of USUAL tokens are staked as USUALx.
The switch will automatically go live on February 1, 2025.
https://usual.money/blog/revenue-switch-a-new-dawn-for-usualx-holders
Sonic SVM (SONIC) trading has started.
SONIC is now trading at ~$0.98
FDV ~$2.4B
https://www.bybit.com/en/trade/spot/SONIC/USDT
https://www.bybit.com/en/trade/spot/SONIC/USDT
Grayscale Announces Rebalancing of Multi-Asset Funds for Fourth Quarter 2024
Added: LPT, CRV, ADA and SUI.
Removed SNX, AVAX.
https://www.globenewswire.com/news-release/2025/01/08/3006697/0/en/Grayscale-Investments-Announces-Rebalancing-of-Multi-Asset-Funds-for-Fourth-Quarter-2024.html
President-elect Donald Trump’s transition team is eyeing crypto-friendly names to be the next chair of the Commodity Futures Trading Commission (CFTC).
Among those reportedly in contention are Summer Mersinger, a current CFTC Commissioner; Brian Quintenz, a16z crypto policy chief and former CFTC commissioner; and Marco Santori, Kraken’s chief legal officer.
https://cryptoslate.com/kraken-a16z-execs-in-the-running-for-cftc-chair-role/
The criminal trial of Terraform Labs founder Do Kwon has been tentatively scheduled for late January of next year.
https://www.theblock.co/post/333712/judge-sets-terraform-founder-do-kwons-trial-for-january-2026-in-unprecedented-move-urges-plea-negotiations
The crypto market is down
BTC Dominance - 56.06%
Market Cap - $3.33T
BTC - $94,289.29 (-1.98%)
ETH - $3,329.96 (-0.35%)
XRP - $2.35 (+1.67%)
BNB - $697.71 (+0.51%)
SOL - $194.64 (-1.07%)
INJ - $21.47 (-8.61%)
TON - $5.29 (+1.93%)
SUI - $4.78 (+1.56%)
https://dropstab.com
StarkWare Launches Appchains on Starknet with New Developer Toolkit
https://www.coindesk.com/tech/2025/01/07/starkware-launches-appchains-on-starknet-with-new-developer-toolkit
Pichai to launch cryptocurrency pilot project in Phuket this year
https://www.nationthailand.com/news/policy/40044945
Xterio (XTER) trading has started on Bybit, Kucoin, Bitget and others.
XTER is now trading at ~$0.4
FDV $400M
https://www.bybit.com/en/trade/spot/XTER/USDT
Hyperliquid has cleared up a number of issues reported by the community. Code will be open source when it’s secure to do so.
https://x.com/hyperliquidx/status/1876877201976737914
Spot ETF Flow on 07.01: BTC-ETF +$52.39M, ETH-ETF -$86.79M
https://sosovalue.com/assets/etf/us-btc-spot
Czech Republic Central Bank considers purchasing Bitcoin as a reserve asset.
https://x.com/watcherguru/status/1876667085314810289
Anthropic is in advanced talks to raise $2 billion in a deal that would value it at $60 billion, more than triple its valuation from a year ago.
The funding round is being led by the venture firm Lightspeed Venture Partners, people familiar with the matter said. The $60 billion valuation includes the money Anthropic plans to raise in the round.
https://www.wsj.com/tech/ai/ai-startup-anthropic-raising-funding-valuing-it-at-60-billion-19d0605a
Coinbase, Inc. is licensed to engage in Virtual Currency Business Activity by the New York State Department of Financial Services.
https://twitter.com/CoinbaseAssets/status/1876667493474836873
Solana developers proposed a new hashing system that would change how the Solana network verifies and traces user accounts in a bid to fix scalability issues stemming from mass usage.
https://cointelegraph.com/news/new-solana-proposal-fix-scalability-issues-lattice-hashing-system
NFT Claims for 0G AI Alignment Nodes
Moca Network, CoinList, Fjord Foundry, and CvPad buyers can claim their NFTs at https://t.co/bFqtByalKt
https://x.com/0G_labs/status/1875708823119515721