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HTX Sees $258 Million in Net Outflow Since Resuming Operations Last Month


Source: YouTube / CNBC Justin Sun-linked crypto exchange HTX has seen $248 million in net outflow since resuming operations after a major security breach last month. The breach resulted in the loss of $30 million worth of crypto tokens and prompted HTX to temporarily halt withdrawals and deposits....

Nova Labs Releases Solana-based Unlimited Mobile Plan


Source: Pixabay Nova Labs’ Helium Mobile service has launched a nationwide plan in the U.S. with unlimited data, text, and talk that costs $20 a month. In a blog post published Tuesday, Helium Mobile announced the launch of its unlimited mobile plan, which the company claims will be the “nation’s...

BRC-20 Tokens Exceed $110M 24hr Trading Volume on Gate.io


Dec. 6th Panama Panama City – The latest market data from Gate.io, a leading crypto exchange and Web3 innovator, shows that daily BRC-20 trading volume peaked at $116 million, with assets such as $ORDI and $PIZABRC increasing 17% and 245%, respectively. In addition, the exchange announced...

Bitcoin Futures Open Interest on CME Hit $5 Billion


Source: Adobe Stock Bitcoin futures open interest on the Chicago Mercantile Exchange (CME) – has seen a spike rising from $2.20 billion on September 30th to $5.09 billion today, according to data from Glassnode. The rise in open interest is due to bitcoin’s ongoing uptrend to $44,400 on Tuesday...

Dogecoin Surges 10% in a Day as Popular Meme Coin Celebrates 10th Anniversary


Source: AdobeStock / bizoo_n Dogecoin (DOGE) has gained more than 10% over the past day as the cryptocurrency celebrates its tenth anniversary, marking a decade since its inception.  At the time of writing, the popular meme coin is trading at $0.09909, up by 10% over the past 24 hours, according...

Solana’s BONK Token Hits Record High Amid Crypto Surge


Source: video screenshot / YouTube / BONK The Solana-based meme coin BONK is continuing to surge in the market, hitting an all-time high with a market capitalization close to $420 million on Tuesday. According to data from CoinGecko, the token had risen more than 21% just in the last 24 hours...

Bitcoin Premium Soars in South Korea, Trading $1,500 Above Global Norm


Based on recent data, the surge of bitcoin beyond the $41,000 mark has triggered a significant increase in trading activity originating from South Korea. Alongside this heightened volume, bitcoin is currently commanding a $1,500 premium on major South Korean cryptocurrency exchanges, including...

Financial Giant ING Expects Fed to Cut Rates From Second Quarter Onwards


Financial giant ING has predicted that the Federal Reserve will start cutting interest rates in the second quarter of next year. “We are currently forecasting 150bp of rate cuts in 2024 with a further 100bp in early 2025,” ING’s chief international economist detailed, noting that U.S. economic data...

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