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'DeSci' Professional LifeBank Chain, executed 'LBC' Airdrop
LifeBank Chain, a Decentralized Science(DeSci) specialized company has announced to carry out an upcoming Airdrop of its Native Token 'LifeBankChain Token(LBC)' on 20th~23th. The initiative aims to support the project's global expansion and strengthen its presence in the Decentralized Healthcare Ecosystem. Since listing LifeBankChain Token(LBC) on the global cryptocurrency exchange LBank earlier this year in March, LifeBank Chain announced that it would execute an Airdrop for the purpose of Token distribution due to it's
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Bitcoin Downs on Crisis of U.S. Government Shutdown
Bitcoin(BTC) fell on Dec. 20 due to a series of liquidations in the futures market and unstable U.S. political conditions. According to data from the on-chain analysis platform CoinGlass, the liquidation generated in the cryptocurrency futures market after Bitcoin plunged below $96,000 reached $1 billion on Dec. 20. The liquidation of long and short bets recorded $878 million and $160 million, respectively, on Dec. 20. After Jerome Powell, chairman of the U.S. Federal Reserve's press conference on Dec. 19, when the cryptocurrency market, including B
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Major News Headlines for Today
1. Futures Market Liquidation Recorded $1 Billion Due to Crypto Crash It was found that the liquidation amount generated in the cryptocurrency futures market reached $1 billion on Dec. 20 due to the sharp decline in the cryptocurrency market. According to data from the on-chain analysis platform CoinGlass on Dec. 20, after Bitcoin(BTC) plunged below $96,000, long(rising) and short(fall) betting liquidations recorded $878 million and $160 million, respectively, in the cryptocurrency market. 2. El Salvador May Accelerate Bitcoin Buys The Bitcoi
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Bitcoin Weakens On Jerome Powell Comment...The Decline in Altcoins Intensified
Bitcoin(BTC) fell on Dec. 19 on Jerome Powell, chairman of the U.S. Federal Reserve, who awake up 'crypto dream'. Powell, who held a press conference following the FOMC regular meeting, declared a 0.25% rate cut, but poured cold water on Trump's roadmap. Asked about the plan to buy Bitcoin as a strategic asset, Powell replied, "The Fed cannot hold Bitcoin under the law," adding, "We will not seek to revise the law." Bitcoin, which continued to march day by day due to Trump's declaration of support for Bitcoin, plunged from $104,000 to $101,
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Major News Headlines for Today
1. The U.S. Fed. lowers The Key Interest Rate by 0.25%p...3rd consecutive reduction. in 18th DEC, 2PM(U.S Time), The U.S. Federal Reserve(Fed) lowed The Key Interest Rate by 0.25%p. This aligns with market expectations and marks the third consecutive reduction following a 0.5%p decrease in September. As a result, U.S. interest rates have fallen to between 4.25% and 4.50%. 2. Powell "The Inflation is close to 2%, It's moving as we planned." Jerome Powell, the Chairman of The U.S. Federal Reserve(Fed), stated
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Bitcoin Flips After Morning Liquidation Drop
Bitcoin(BTC) was trading sideways on Dec. 18 after falling in the morning on a large liquidation in the futures market. According to data from the on-chain analysis platform CoinGlass, the amount liquidated in the futures market on Dec. 18 is about $1.3 billion. Bitcoin, which had been constantly rising as the report continued to break, plunged due to a series of liquidations due to the outstanding agreements accumulated in the futures market. A number of major altcoins fell on Bitcoin's decline. A handful of altcoins posted gains of more than 5%, suggesting that the
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Bitcoin Plunges 2.7% On Big Liquidation...Experts Reveal Optimism
Bitcoin(BTC) plunged about 3% on the morning of Dec. 18 due to a large liquidation in the futures market last night. Bitcoin hit 108,239 dollars at 00:00 on Dec. 18, plunging about 2.7% in an hour after hitting a new high. The cause is analyzed as a large-scale liquidation that occurred in the futures market. According to data from the on-chain analysis platform CoinGlass on Dec. 18, the outstanding interest accumulated in the bitcoin futures market exceeded $70 billion in the afternoon of Dec. 17. The amount liquidated along with the plunge in Bitcoin on Dec. 1
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Major News Headlines for Today
1. Crypto.com CEO Drops SEC Litigation After Meeting With Trump Crypto.com CEO Chris Mazalek dropped a lawsuit against the U.S. Securities and Exchange Commission(SEC), which he filed in October last year after holding a meeting with Trump at Trump's home on Dec. 17. Mazalek revealed on his X account that he held a meeting on the cryptocurrency industry in the new administration at Trump's home in Florida. Earlier in October last year, Crypto.Com was notified of the "Wells Notice" that takes place before formal p
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Bitcoin Continues To Break New Reports On Additional Buy By Whales
Bitcoin(BTC) continued its "Santa Rally" on Dec. 17 on additional purchases by large holders. Whales with large amounts of bitcoin have been found to be continuing to buy bitcoin. Michael Saylor, founder of MicroStrategy, said on Dec. 16 that he purchased 15,350 additional bitcoin through his X account. When converted into dollars, the price is about $1.5 billion. CryptoQuant chief analyst Julio Moreno also explained in his X account that "the number of Bitcoin on the OTC desk balance has decreased by about 40,000 since November 20." The OT
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Matrixport "Ethereum to Rise in 2025 Following Institutional Accumulation"
On-chain analysis platform Matrixport pointed out the underperformance of Ethereum(ETH) amid the strong cryptocurrency market in 2024, claiming that Ethereum will recover its dominance next year and introduce price increases. In its own report published on Dec. 16, Matrixport pointed out the institutional investors have been buying Ethereum behind Ethereum's decline in dominance. "Bitcoin(BTC) Dominance has increased from 50% to 61% this year, while Ethereum has fallen from 18% to 13%," the report said. "Ethereum is weakening in the second half of 2024, wh
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Major News Headlines for Today
1. Ripple Jumps 8% on Launch of RLUSD Ripple(XRP) surged about 8% on the news of the launch of RLUSD, a stablecoin based on XRPL, on Dec. 17. RLUSD won official approval from the New York Financial Services Administration(NYDFS) on Dec. 10, and will be officially distributed through a number of exchanges on Dec. 17. Exchanges that announced the official listing of RLUSD on Dec. 17 include ▲Uphold ▲ Moonpay ▲ Acex ▲ Coinmena. 2. Matrixport "Ethereum to Rise in 2025 Following Ins
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Bitcoin Hits New High On Santa Rally Expectations
Bitcoin(BTC) continued to break new highs on Dec. 16, surpassing USD 1 million in anticipation of 'Santa Rally'. Around the Christmas season, expectations for Santa Rally spread to the market, where the U.S. stock market and the asset market, including cryptocurrency, hold a surprise rally. DL News, a cryptocurrency media outlet, reported on Dec. 15, "Virtual assets have risen eight times in the past 10 years around Christmas. U.S. President-elect Donald Trump's inauguration in January and the increase in institutional adoption are also h
