Key Notes A major whale sold 3.8B PUMP at a $12.22M loss, signaling a full exit. PUMP trades near long-term support at $0.0018, with bearish momentum still dominant. New project PEPENODE gains traction, raising $2.38M with strong burn and staking mechanics. A large PUMP holder closed a three-month position at a steep loss just as the price sits near multi-week lows. On-chain data cited by OnchainLens and Nansen shows the wallet deposited 3.8 billion PUMP, worth $7.57 million, into FalconX on December 23. The same wallet initially withdrew those tokens…
Category: Reviews
BC Card Successfully Tests Stablecoin Payments in South Korea
Key Notes BC Card successfully processed stablecoin-based payments for foreign users using existing card infrastructure. The pilot involved Wavebridge, Aaron Group, and Global Money Express, requiring no changes for merchants. Regulatory progress stalled as the Bank of Korea and FSC disagree over bank ownership rules for stablecoin issuers. South Korea’s BC Card recently completed a pilot that lets foreign users pay local merchants using stablecoins. Tourists converted stablecoins from overseas wallets into digital prepaid cards and spent them at Korean shops without technical glitches or settlement errors. The trial tested…
Crypto.com Hires Experts to Trade against Customers
Key Notes Crypto.com is looking to employ a quant trader for it sports prediction markets. This comes amid controversies about in-house trading on prediction markets. Coinbase is one of the newbies in the prediction market niche. Singapore-based Crypto.com is looking to hire a new employee to work on a market-making team for sports prediction markets. In other words, this employee will face off against customers on the company’s prediction market exchange. On this premise, the cryptocurrency exchange has published a job listing to fill the position. Quant Trader to Join…
Gnosis Chain Warns of Validator Penalty
Key Notes Gnosis Chain node operators who refuse to follow the hard fork to recover Balancer funds will face penalties that range from staking rewards halts to, potentially, slashing. The hard fork happened following Philippe Schommer’s post on Dec. 12, executed on Dec. 22 with the network upgrade. The community was divided and experts worried about setting a precedent: “Do we hard fork for every hack?” Ignas DeFi questioned. Gnosis Chain GNO $122.4 24h volatility: 1.4% Market cap: $323.10 M Vol. 24h: $5.79 M executed, on December 22, a governance-approved…
XRP ETF Extends Daily Inflow as Total Volume Tops $1.2 Billion
Key Notes XRP ETFs have consistently recorded net inflows, a sign of sustained adoption. The ETF products recorded about $43.9 million in net inflows on December 22. XRP price is still lagging, a proof of divergent ecosystem metrics for the altcoin. Spot XRP ETF products have taken the broader cryptocurrency market by surprise with their massive inflows as some other altcoin funds struggle to find stability. The demand for the XRP ETF is on the rise and has led to an uninterrupted inflows streak. This outlook suggests that institutional investors…
Crypto Market Sees $250M in Liquidations
Key Notes Crypto liquidations topped $250 million in 24 hours as Bitcoin slipped below $88,000 ahead of US GDP data. Total crypto market cap fell 2.46% to $2.96 trillion, while the Fear & Greed Index dropped to 24 (extreme fear). Falling active addresses and weak volume divergence suggest the market may need more time to stabilize. The broader crypto market is facing yet another selling pressure, with daily liquidations soaring past $250 million ahead of the US GDP data release on Dec. 23. After the rejection at $90,000, Bitcoin BTC…
Gold Silver Rally but Bitcoin Fails to Catch Up
Key Notes Bitcoin is down roughly 30% from its October peak and is on track for its worst Q4 in seven years. The crypto market has shed over $700 billion in market cap since October. Some suggest market manipulation, while others believe BTC is following the risk curve. Gold and silver have pushed to new highs, while US equities have reached near record levels. However, Bitcoin BTC $87 780 24h volatility: 2.4% Market cap: $1.75 T Vol. 24h: $38.96 B has been moving sideways after a sharp correction. The leading…
MSTR Stock Recovery Can Begin Anytime as Institutional Demand Jumps
Key Notes MSTR stock recovery in sight as Strategy’s $2.19 billion cash reserve provides nearly three years of runway. The expanded cash position helps ease pressure from outstanding convertible bonds and supports dividend coverage. A New Jersey public pension fund disclosed a $16 million investment in MSTR, while total institutional ownership rose from $155 million to $165 million. Market experts believe that the worst of the MSTR stock correction could be behind us, and recovery could begin anytime soon. The optimism comes as Strategy chairman Michael Saylor announced on Dec.…
Chainlink Whales in Sell-off Mode, Here’s Impact on LINK Price
Key Notes Since August, LINK price has been declining and is currently around $12.28. Chainlink whales have resorted to a massive selloff amid a gloomy macro outlook. The first Chainlink ETF went live for trading in early December, but with no impact on price. Chainlink LINK $12.29 24h volatility: 2.8% Market cap: $8.70 B Vol. 24h: $491.28 M price has been on a steady decline in the last few months, with most of its key metrics at their worst levels currently. Its market capitalization and trading volume have been fluctuating…
ZKsync Cuts Etherscan to Push Native Infrastructure, Eyes Token Utility in 2026
Key Notes Etherscan cannot properly index many native-level ZKsync features. All on-chain data will migrate entirely to the ZKsync native explorer on January 7, 2026. Developers using Etherscan APIs must migrate before the deadline. ZKsync will end Etherscan support for the ZKsync Era on January 7, 2026. Block, transaction, and contract data will move fully to the ZKsync native explorer. Developers relying on Etherscan APIs must migrate before that date. According to a GitHub post, ZKsync no longer fits standard EVM assumptions. Interop transactions, cross-chain bundles, Gateway settlement, and new…