Binance Futures has launched USDⓈ-Margined AIXBTUSDT, FARTCOINUSDT, KMNOUSDT and CGPTUSDT Perpetual Contracts with up to 75x Leverage.
https://www.binance.com/en/support/announcement/binance-futures-will-launch-usd%E2%93%A2-margined-aixbtusdt-fartcoinusdt-kmnousdt-and-cgptusdt-perpetual-contracts-with-up-to-75x-leverage-804bea6cf51a4edc9079962ff77bb3b1
The crypto market is neutral
BTC Dominance - 56.52%
Market Cap - $3.41T
BTC - $97,416.7 (+0.42%)
ETH - $3,465.07 (+1.75%)
XRP - $2.28 (-1.79%)
BNB - $680.22 (+0.78%)
SOL - $193.88 (-1.05%)
INJ - $22.06 (-1.08%)
TON - $5.51 (+4.2%)
https://dropstab.com
💧 Top Binance Alpha Projects by FDV
👉 https://dropstab.com/tab/binance-alpha-projects-0g6lhgkqua
EU tightens regulation of cryptocurrencies: Tether Removal
Crypto exchanges in EU must delist Tether’s USDT by Dec. 30. This requirement is due to the Markets in Cryptoassets regime.
https://www.bloomberg.com/news/articles/2024-12-20/tether-mica-exit-puts-europe-at-risk-of-missing-crypto-boom-usdt
MultiversX Foundation has launched Growth Games, a $1.5 million annual grants program designed to support top-tier developers and teams delivering innovative products and solutions that meet the demands of the moment.
https://x.com/MultiversX/status/1870046911295783120
DWF Labs commits $250k to the Beam Node Token Mint
https://x.com/BeamFDN/status/1870016868183912573
Spot ETF Flow on 19.12: BTC-ETF -$680M, ETH-ETF -$60.47M
https://sosovalue.com/assets/etf/us-btc-spot
SEC has approved the Hashdex Nasdaq Crypto Index US ETF and Franklin Crypto Index ETF.
https://www.sec.gov/files/rules/sro/nasdaq/2024/34-101998.pdf
In the past 24 hours, long positions worth ~$681.45M liquidated.
https://www.coinglass.com/LiquidationData
The crypto market is down
BTC Dominance - 56.72%
Market Cap - $3.39T
BTC - $97,000.16 (-4.08%)
ETH - $3,410.45 (-7.03%)
XRP - $2.32 (-1%)
BNB - $674.11 (-3.79%)
SOL - $196.32 (-5.95%)
INJ - $22.28 (-9.59%)
TON - $5.31 (-2.82%)
USUAL -$1.43 (+37.45%)
https://dropstab.com
The Promethean Saga is live on the XION Mainnet
https://fixupx.com/burnt_xion/status/1869752390930628920
Self-custodial crypto wallet MetaMask has launched a crypto payment card in the US through a limited pilot program.
The MetaMask Card allows users to spend cryptos they hold on their MetaMask wallet at both physical stores and online.
MetaMask Crypto Card is already available in the EU, UK, Brazil, Mexico, and Colombia.
https://cryptonews.com/news/metamask-launches-crypto-debit-payment-card-for-us-customers/
Fuel Network (FUEL) trading has started on Bybit, Kucoin, MEXC and others.
FUEL is now trading at ~$0.058 (~2.9x from the sale price: $0.02)
FDV $580M
https://www.bybit.com/en/trade/spot/FUEL/USDT
Swell announces that Swellchain is live
https://x.com/swellnetworkio/status/1869620998208966882
Top 100 losers in 24h: WIF -13%, FLOKI -12%, FTM -12%, LTC -11%, DYDX -11%, THETA -11%, CURV -11%, RUNE -10%, PEPE -10%, BONK -10%.
https://dropstab.com/insights/top-performance
MANTRA has introduced a new updated OM tokenomics proposal
Proposal: https://snapshot.box/#/s:mantra-dao.eth/proposal/0x3bfdc09dbf1c1065e5077f267f03fd7ee3509a8c7d5ed14d1612a01edf8b28c0
https://x.com/MANTRA_Chain/status/1870078174396031186
MetaMask integration is now live on EOS.
https://x.com/eosnetworkfdn/status/1870066592048177275
💧Current state of the market in our weekly overview
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A new batch of 9 Binance Alpha Projects is now live: BANANA, KOGE, BOB, MGP, PSTAKE, GNON, Shoggoth, LUCE, ODOS.
https://x.com/BinanceWallet/status/1870042709903454696
Doodles Founder hints at token launch
https://x.com/burnttoast/status/1869803577117655357
Mo Shaikh, co-founder of Aptos Labs, announced that he's stepping down as CEO of the company.
Avery Ching will take his place.
https://www.coindesk.com/business/2024/12/19/aptos-labs-ceo-mo-shaikh-quits-avery-ching-to-take-his-place
Craig Wright was handed a suspended 12-month jail sentence for contempt of court after breaching an order that barred him from pursuing proceedings related to his claim to be BTC inventor Satoshi Nakamoto.
https://x.com/coindesk/status/1869779471999303707
Sonic and Injective are launching the industry's first cross-chain AI agent platform.
https://x.com/injective/status/1869763128831234445
💧 Top AI Projects by Funds Raised in 2024
👉 https://dropstab.com/insights/latest-fundraising-rounds
A new batch of 10 Binance Alpha Projects is now live: FROG, AICell, CGPT, MONKY, TERMINUS, CLANKER, LUNAI, RIF, GRIFFAIN, URO.
https://x.com/BinanceWallet/status/1869684099109240883
💧 Top Memes Launched in 2024 by FDV
👉 https://dropstab.com/tab/top-memes-launched-in-2024-9qdoen4a4e
Ethena has announced Usual is migrating to USDtb as collateral for their stablecoin USD0
USDtb will soon become a primary collateral asset for Usual’s USD0, currently with over $850 million in TVL.
Blackrock's BUIDL represents the vast majority of the USDtb backing, currently the highest BUIDL allocation of any stablecoin in the market.
As part of this partnership, Usual will also launch an sUSDe vault for USD0++ holders, allowing Usual users to gain exposure to sUSDe APY and Ethena rewards alongside additional USUAL rewards.
USD0 is the latest scaled decentralized stablecoin of many to leverage Ethena powered assets.
https://x.com/ethena_labs/status/1869367144695378302
Kelp DAO introduced KERNEL tokenomics
Tokenomics
▫️60% of the KERNEL tokens are allocated to Community and Ecosystem partners.
▫️Community Rewards and Airdrops: 55%
▫️20% of total supply earmarked for airdrops
▫️35% is allocated for future rewards
▫️Ecosystem and Partners: 5%
▫️Private Sale: 20%
▫️Team and Advisors: 20%
Airdrop
Season 1:
▫️Allocation: 10% of total supply allocated till Dec 31, 2024
▫️Eligibility: Users who earned Kelp Miles / Kernel Points across the 3 products till Dec 31st, 2024
▫️Boosted rewards: Users who restake / have restaked in Season 1 or before Jan 15, 2025 get a 15% loyalty boost in Season 2.
Season 2:
▫️Allocation: 5% of total supply
▫️Boosted rewards: Extra 15% loyalty boost upon restaking before Jan 15, 2025
▫️Timeline: January 1 - April 30, 2025
Season 3 and beyond:
▫️Allocation: 5% of total supply
▫️Timelines: TBD
KERNEL TGE is targeted in early-Q1 2025.
https://kelpdao.xyz/insights/resources/kernel-powering-the-next-era-of-restaking/