headlines
AVAX breaks through 40 USDT, ranking tenth in market capitalization
Ouyi OKX market shows that AVAX broke through 40 USDT and is now trading at 41.119 USDT, with a 24 H increase of 14.30%, setting a new high since mid-May 2022. In addition, CoinGecko data shows that AVAX has a market capitalization of $14, 823, 186, 800, ranking tenth.
Binance will launch 1000 SATS 1-50x U-margined perpetual contract
Binance will launch the 1000 SATS 1-50 times U-based perpetual contract at 22:00 on December 12, 2023 (Eastern Eighth District time).
According to CMEs Fed Watch: the probability that the Fed will keep interest rates unchanged in the range of 5.25% -5.50% in December is 98.2%, and the probability of raising interest rates by 25 basis points is 1.8%. The probability of keeping interest rates unchanged by February next year is 92.2%, the probability of a cumulative 25 basis point interest rate cut is 6.1%, and the probability of a cumulative 25 basis point interest rate hike is 1.7%. (Golden Ten)
Market changes
BTC fell below 41,000 USDT, down 1.71% in 24 H
Ouyi OKX market shows that BTC fell below 41,000 USDT and is now trading at 40,914 USDT, with a 24 H drop of 1.71%.
ETH fell below 2200 USDT, down 1.35% in 24 H
Ouyi OKX market shows that ETH fell below 2200 USDT and is now trading at 2196.14 USDT, with a drop of 1.35% in 24 H.
TIA briefly broke through 13 USDT and then fell back, with an increase of 17.28% in 24 H.
Ouyi OKX market shows that TIA briefly broke through 13 USDT and then fell back, now trading at 11.918 USDT, with a 24 H increase of 17.28%.
ORDI fell below 50 USDT, and the 24 H increase narrowed to 7.58%
Ouyi OKX market shows that ORDI fell below 50 USDT and is now trading at 49.978 USDT. The 24 H increase narrowed to 7.58%.
The giant whale stevu.eth transferred 510,000 UNI to Binance 8 hours ago
According to on-chain analyst Ember’s monitoring, the giant whale stevu.eth transferred 510,000 UNI (approximately $3.12 million) to Binance 8 hours ago, making two consecutive profits on UNI investment.
Polygon Foundation contract transfers 231.3 million MATIC to new Safe wallet address
According to monitoring by The Data Nerd, the Polygon Foundation contract address transferred a total of 231.3 million MATIC (approximately $195.7 million) to the new Gnosis Safe wallet (address starting with 0x e 71) 11 hours ago.
CME Bitcoin contract open positions fell by more than 10% in 24 H and are currently US$4.55 billion
Coinglass data shows that the open positions of BTC futures contracts across the entire network reached 431,750 BTC, equivalent to approximately US$18.01 billion, with a 24-hour decrease of 6.40%. Among them, the open position of the CME BTC contract is 109,220 BTC, which is approximately 4.55 billion US dollars, with a 24 H drop of 10.45%. The open position of Binance BTC contract is 97,960 BTC, which is approximately 4.09 billion US dollars, with a 24 H decrease of 2.52%.
Solana NFT 24 H trading volume exceeds $6.39 million
CryptoSlam data shows that Solana NFT 24 H trading volume exceeded $6.39 million. According to Solscan data, the trading volume of MOOAR 24 H was approximately 86,085 SOL, a decrease of 8.47%, with a market share of 48.79%, ranking first in the Solana NFT market; the trading volume of Tensor 24 H was approximately 66,132 SOL. SOL, with an increase of 8.03%, ranked second with a market share of 37.48%; MagicEden 24 H trading volume was approximately 14,564 SOL, with an increase of 25.84%, with a market share of 8.25%, ranking third.
Industry news
El Salvador Bitcoin Volcano Bond to be issued in Q1 2024
The El Salvador Volcano Bond (Bitcoin Bond) received regulatory approval from the El Salvador Digital Asset Commission (CNAD) and is expected to be issued in the first quarter of 2024. (Cointelegraph)
Japanese financial services company SBI Holdings recently signed a memorandum of understanding with oil giant Saudi Aramco to create a new joint venture to promote the development of cryptocurrency and related startups in Saudi Arabia.
Richard: US regulatory authorities have not found any abnormalities in Binance user funds
Binance CEO Richard Teng and co-founder He Yi held the first joint Chinese AMA. In an AMA, Richard stated that U.S. regulators had not found anything unusual regarding Binance user funds.
He Yi: The crypto cycle still exists and the market will reach a high point next year.
Binance CEO Richard Teng and co-founder He Yi held the first joint Chinese AMA. On the AMA, He Yi said that the market will reach a high point next year. She said the crypto cycle is still here to stay. In the next year and the year after that, the market will reach a high point. However, as the industry becomes larger, the growth rate will be lower than in previous cycles.
SBF lawyer: FTX fraud case almost impossible to win from the start
The lawyer responsible for defending SBFs criminal trial admitted that the case was virtually impossible to win from the outset. David Mills, a professor at Stanford Law School, said in an interview that SBF repeatedly deviated from his lawyering strategy, including how to handle tough questions prosecutors asked during cross-examination. Mills added: He was probably the worst cross-examiner Ive ever seen.
KuCoin agrees to pay $22 million and exit New York market to resolve crypto lawsuit
KuCoin agreed to pay a total of $22 million and terminate access to users in New York state, according to court documents filed Tuesday in the New York State Supreme Court. Kucoin will refund $16.77 million to New York customers and pay $5.3 million to the New York State Attorney General to resolve allegations of securities law violations.
Montenegro’s High Court extended the detention of Terraform Labs co-founder Do Kwon at the request of U.S. and South Korean authorities, spokesperson Marija Rakovic said. The Podgorica court ruled that the detention period, which was due to expire on Friday, was extended by two months to February 15, Rakovic said. (Bloomberg)
Hong Kong Monetary Authority: BitGinko is not authorized to conduct banking business in Hong Kong
The Hong Kong Monetary Authority issued a statement calling on the public to be vigilant. BitGinko is not authorized to conduct banking business in Hong Kong. Under the Hong Kong Banking Regulations, BitGinko is not authorized by the Hong Kong Monetary Authority and is not permitted to establish a local representative office.
Coinbase co-founder Fred Ehrsam sold 97.836 COIN shares on December 11 for $13.2 million, according to information shared by Insider Tracker, a service that tracks the transactions of high-profile corporate executives and politicians. Data from Inside Tracker shows that Coinbase insiders sold a large amount of COIN stock over the past three weeks.
SP Global Ratings announced its stability assessment on stablecoins on Tuesday, covering DAI, FDUSD, USDT, FRAX, TUSD and USDC, USDP, and GUSD. According to its analysis, USDC, USDP and GUSD all received good evaluations (strong), while USDT, DAI and FDUSD were in the middle or constrained, and the evaluation results placed them at the weaker end; the other In terms of performance, FRAX and TUSD also received weak reviews.
Project News
Polygon Labs launches Beta version of Polygon Portal
According to official news, Polygon Labs announced that the beta version of Polygon Portal has been launched. Polygon Portal provides a complete dashboard for asset bridging and management of Polygon PoS, Polygon zkEVM and Ethereum chains, providing a unified bridging user experience (UX), third-party bridging, Refuel Gas functionality, developer tools, documentation, support and feedback.
Bounce releases BDID Launch details, which will be conducted through lottery and staking
Bounce Brand released the details of the new project BDID Launch on the X platform. You can participate by purchasing Ticket lottery, staking AUCTION, and staking DAII. The Launch will start on December 15 and last for three days.
WOO X partners with Wintermute to enhance liquidity
WOO X has designated a new partner, Wintermute, as a liquidity provider to enhance WOO X’s liquidity, market efficiency and transparency. WOO At the heart of WOOs mission, I believe synergies can create a positive environment for the industry and the community.
Former US President Trump launches new NFT collection, priced at $99
Former US President Donald Trump launches new NFT series"Mugshot Edition", priced at $99, will allow those who purchase 47 Trump Cards to dine with Trump at Mar-a-Lago and receive a suit that Trump was wearing when he was arrested in August.
Ethereum staking network SSV Network launches permissionless mainnet
Ethereum staking network SSV Network launches a permissionless mainnet and uses “distributed validator technology” (DVT) to achieve this goal.
Starknet development company StarkWare and the Starknet Foundation have announced that they will pay $3.5 million in network fees to developers as part of the recently announced Devonomics initiative.
