Binance Secures $2B Investment from MGX
@Binance receives $2 billion investment from Abu Dhabi’s MGX, marking the largest crypto transaction to date and their first institutional investment. #Breaking #Crypto (+9) ↗
Crypto Exchange
AI Altcoin Surges After Binance Support
@Binance adds support for $SHELL, causing its price to surge 24.4% in 24 hours, now trading at $0.597. #Update #Crypto $SHELL (+6) ↗
Ethereum Reserves Rebound Post Bybit Hack
Bybit’s $ETH reserves are recovering post-hack, with inflows of 139,000 ETH worth $390M aided by crypto whales and firms like Bitget and MEXC. #Breaking #Crypto $ETH (+8) ↗
Crypto Exchange Gemini Eyes IPO Launch
DailyHodl: @Gemini is considering an IPO in 2025, as reported by Bloomberg, amid ongoing discussions and regulatory changes under President Trump. #Update #Crypto (+3) ↗
Ethereum Rival Berachain Surges After Binance Listing
DailyHodl: @Binance adds support for Berachain, causing $BERA to surge 89% before settling at $9.22, highlighting the impact of its unique proof-of-liquidity mechanism. #Update #Crypto $BERA (+6) ↗
Binance Australia Sued Hex Founder Alert
ASIC sues @BinanceAustralia for client misclassification; Interpol issues Red Notice for Hex’s founder; Tornado Cash updates emerge, highlighting regulatory scrutiny. #Breaking #Legal @BinanceAustralia ↘ (-8)
Crypto Staking Revolution: Crypto.com Unveils Platform
@CryptoCom launches Sports Event Trading, a CFTC-regulated platform for sports betting in the U.S., offering $100 payouts for correct predictions in USD and 350+ cryptocurrencies. #Update #Crypto @CryptoCom ↗ (+7)
DeFi Milestone PancakeSwap Hits $310B
PancakeSwap’s 2024 trading volume hit $310B, a 179% increase driven by DeFi growth, layer-2 adoption, and user-focused upgrades. Crypto @PancakeSwap ↗ (+6)
Binance Seeks Dismissal of SEC Lawsuit
@Binance and founder Changpeng “CZ” Zhao request dismissal of US Securities and Exchange Commission lawsuit, citing failure to meet Howey test and lack of investor harm evidence. $BNB price rises 2% to $685.20. #Update #Legal @Binance ↗ (+3)
Binance Unveils HIVE Futures Trading
@Binance announced HIVE perpetual contract with up to 75x leverage, causing $HIVE to surge 11%; added BIO Protocol to Launchpad, enhancing DeSci liquidity with farming from Dec 24-Jan 2. #Update #Crypto @Binance ↗ (+6)
Bybit Unveils Financial Reserves Report
Bybit unveils its Proof of Reserves report with reserve ratios of 115% for $BTC, 106% for $ETH, and 103% for $USDT as of December 12, 2024, reinforcing financial transparency. #Update #Crypto @Bybit ↗ (+6)
Binance.US Ex-CEO Joins MicroStrategy Board
@MicroStrategy adds former @BinanceUS CEO Brian Brooks to its board, amid speculation of his potential SEC Chair candidacy. #Breaking #Legal @MicroStrategy ↗ (+8)
Binance Celebrates Major Listing BNB Surge
@cz_binance celebrated $BNB’s listing on @RevolutApp despite a 9% price drop to $638 and broader market selloff (Oct 2023). RSI at 39 suggests potential rally to $800. #Update #CryptoMarket @cz_binance → (+3)
Coinbase Shares Sold Ark Invest Reacts
@ARKInvest sold 13,780 @Coinbase shares for $3.9M at $283 each (Dec 2024) after Federal Reserve’s interest rate decision and Jerome Powell’s speech caused market downturns in crypto, affecting @MarathonDH stock. ↘ (-3) @ARKInvest #CryptoMarket #Update