Crypto Market Daily Review ☀️
The market is down. Market cap is $1.70T. Bitcoin is trading at $42.6K
dropstab | icodrops | twitter | telegram
Manta has announced details about the New Paradigm rewards.
▫️Base Reward: 30,000,000 MANTA
This portion will be distributed to T1-T6 NFT holders based on their rarity ranking.
▫️Special Rewards: 15,000,000 MANTA
15,000,000 MANTA tokens will be distributed to T7 NFT “The First Modular L2 NFT” holders.
▫️Special Rewards: 5,000,000 MANTA
4,200,000 MANTA tokens will be distributed to Defi projects supporting STONE/wUSDM on Manta Pacific, indirectly benefiting New Paradigm users.
800,000 MANTA tokens will be distributed to users from Wallet partners (OKX Wallet, Trust Wallet, Bitget Wallet, Bybit Wallet, etc.).
https://mantanetwork.medium.com/new-paradigm-leaderboard-reveal-and-nft-rewards-explained-c549b82046fb
FTX submitted an Estimation Motion that dollarizes customer claims per Nov 11 2022.
BTC: $16,871.63
ETH: $1,258.84
SOL: $16.2471144
The rest of the assets would go to non-customer creditors including shareholders. If customers disagree, they must object until January 11.
https://x.com/ftxcoalition/status/1740151684385358209
The correlation between Bitcoin and tech stocks has fallen 0.
https://x.com/bitcoinnewscom/status/1740036062318064002
Ethereum co-founder Vitalik Buterin has proposed three alternative ways of solving a potential pain point related to Ethereum’s consensus mechanism.
The first solution focuses on decentralized staking pools.
The second approach would be to have two layers of stakers, one with heavier requirements and the other with lighter requirements.
The third way would be to have a rotating set of participants, meaning that a random set of validators are selected for each slot.
https://www.theblock.co/post/269403/vitalik-buterin-proposes-three-ways-to-make-ethereums-proof-of-stake-design-simpler
https://twitter.com/VitalikButerin/status/1740066206185611594
The ANALOS price has decreased by more than 50% after X account blocked.
https://dropstab.com/coins/analos
ETH has reached $2,444, for the first time since May 2022.
ETH is now trading at $2,387.
https://dropstab.com/coins/ethereum
Donald Trump sold 1,075 ETH for $2.4 million.
3 weeks ago he started sending ETH to Coinbase after months of accumulating Trump NFT royalties. His peak balance was $4 million.
https://x.com/arkhamintel/status/1740052834949972155
Chinese venture capital (VC) firm GBA Capital announced a $10-billion pledge to establish a Web3 fund.
https://cointelegraph.com/news/chinese-web3-vc-launch-10-billion-accelerator-fund-report
MicroStrategy has acquired an additional 14,620 BTC for ~$615.7 million at an average price of $42,110 per bitcoin.
https://www.microstrategy.com/en/investor-relations/financial-documents/microstrategy-acquires-additional-14620-btc-and-now-holds-189150-btc_12-27-2023
Mina Protocol reached 190k on-chain accounts.
https://twitter.com/MinaProtocol/status/1739663356775277039
Binance will open trading for the ADA/USDC, ARB/USDC, AVAX/USDC, DOT/USDC, INJ/USDC, MATIC/USDC, OP/USDC, ORDI/USDC, SOL/USDC and XRP/USDC spot trading pairs at 2023-12-28 08:00 UTC.
https://www.binance.com/en/support/announcement/notice-on-new-trading-pairs-on-binance-spot-2023-12-28-6c2fd758669944fb9b11689ebb49070e
Gas Hero, a new Web3 game by STEPN developers, will be launched on January 3, at 3:00 UTC.
https://twitter.com/johnnyL37020770/status/1739878787893109134
Brevan Howard Digital has made 15 predictions for 2024.
Gaming and brands
1. 2x-3x+ growth in Web3 game releases
2. More of the world’s largest Web2 game companies embrace Web3 in 2024
3. More Web3 enhanced games in the Apple App Store, the Google Play Store, and the Epic Games Store now that we have clarity on their respective policies related to games that implement Web3 technologies
4. We predict the gaming token market cap grows to $40 billion
5. “Forever Brands” continue to ramp up in Web3
Stablecoins
6. Stablecoin volumes do surpass Visa in 2024
7. Percentage of stablecoin volume on Solana doubles
8. A decentralized synthetic USD stablecoin (ETH LST vs short perp) breaches $1 billion TVL in 2024
Ethereum and transaction flow
9. The proportion of staked ETH that is liquid staked breaches 50%
10. Total ETH outstanding hits 119,600,000
11. We predict the number of private transactions included in blocks to be twice where it is now (currently around 11%)
12. Gasless transactions become significantly more prevalent across crypto
13. Rollups hit the gas pedal
Markets
14. Token launch window stays open
15. Abu Dhabi leans further into crypto and founders lean further into Abu Dhabi
https://blockworks.co/news/predictions-web3-in2024
In an interview with CNBC’s Crypto World, Cathie Wood expressed that the SEC's "depth of knowledge" and understanding of the issues has changed for the better and there will likely be approval by Jan. 10, 2024.
Cathie Wood has also stated that she has decided to partner with 21Shares.
https://www.benzinga.com/markets/cryptocurrency/23/12/36391795/cathie-wood-outlines-role-of-bitcoin-post-etf-approval-praises-21shares-the-plumbing-works
Effective from 2024-01-09 06:00 UTC, Binance will cease support for Binance DeFi Staking, and DeFi Staking subscriptions will no longer be available.
https://www.binance.com/en/support/announcement/notice-regarding-the-removal-of-binance-defi-staking-products-2024-01-09-8d20bf4db660493a87f2f94d41071d67
Canadian crypto exchange CatalyX has suspended trading and withdrawals due to a security breach.
The Canadian exchange suffered a security break earlier this month, resulting in the loss of an unknown amount of customer funds.
https://www.coindesk.com/policy/2023/12/28/crypto-exchange-catalyx-suspends-trading-withdrawals-following-security-breach/
💧Top Public Sales in 2023
👉 https://dropstab.com/tab/listings-after-public-sale-60k8czeswi
Binance Futures will launch the USDC-margined BTC, ETH, BNB, SOL and XRP Perpetual Contracts starting from 2024-01-03 12:30 UTC, with up to 125x leverage.
https://www.binance.com/en/support/articles/4ff3534898ab4ea09afb450a94f20afe
Crypto Market Daily Review ☀️
The market is growing. Market cap is $1.71T. Bitcoin is trading at $42.9K
dropstab | icodrops | twitter | telegram
The Ondo Foundation has announced the proposed release of the ONDO token lock-up.
https://blog.ondo.foundation/unlocking-ondo-a-proposal-from-the-ondo-foundation/
CZ is asking for permission to travel from the federal court overseeing his case. He's asked to seal the filing.
https://x.com/nikhileshde/status/1740094399261069375
Leaders of growth in 24 hours: BSV (+68%), AAVE (+28%), ARB (+24%), LDO (+21%).
https://dropstab.com/insights/top-performance
Swell's liquid staking protocol sees over $125 million of inflows in December.
Liquid staking protocol Swell has seen its total value locked double this month to 108,000 ether worth about $245 million.
https://www.theblock.co/post/269373/swells-liquid-staking-protocol-sees-over-125-million-of-inflows-in-december
Binance Futures has launched the USDⓈ-M NFP Perpetual Contract, with up to 50x leverage.
https://www.binance.com/en/support/announcement/binance-futures-will-launch-usd%E2%93%A2-m-nfp-perpetual-contract-with-up-to-50x-leverage-c4617b2b970b46e5ad70c9c44cb0f6f2
🚀 Top Gainers Among AI Tokens in 2023
👉 https://dropstab.com/tab/ai-price-gainers-in-2023-g2zatyrp7z
Elon Musk posted a video with the NFT on X.
https://twitter.com/elonmusk/status/1739894179243655522
Sleepless AI will launch an NFT auction on NFPrompt on 31 December.
https://twitter.com/SleeplessAI_Lab/status/1739672528816378191
Crypto Market Daily Review ☀️
The market is down. Market cap is $1.67T. Bitcoin is trading at $42.2K
dropstab | icodrops | twitter | telegram
Mt.Gox transferred money twice to some creditors due to a system issue.
Mt. Gox has is demanding the payment be given back.
https://www.reddit.com/r/mtgoxinsolvency/comments/18r80uc/urgent_request_mtgox_notice_of_duplicate_paypal/