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Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.

Ethena’s much anticipated USDtb stablecoin, backed by BlackRock’s BUIDL token, goes live
Ethena’s much anticipated USDtb stablecoin, backed by BlackRock’s BUIDL token, goes live

Quick Take Ethena is launching a new stablecoin backed by BlackRock’s BUIDL fun. The token, USDtb, is part of the project’s effort to diversify its offerings.

The Block·2024/12/15 16:00
MicroStrategy acquires another 15,350 bitcoin for $1.5 billion, taking holdings to 439,000 BTC
MicroStrategy acquires another 15,350 bitcoin for $1.5 billion, taking holdings to 439,000 BTC

Quick Take MicroStrategy has purchased another 15,350 BTC for approximately $1.5 billion at an average price of $100,386 per bitcoin. The latest acquisitions follow MicroStrategy’s sale of 3,884,712 shares for a similar amount.

The Block·2024/12/15 16:00
Inflation risks could restrict Fed's 2025 policy moves, impacting risk assets: analysts
Inflation risks could restrict Fed's 2025 policy moves, impacting risk assets: analysts

Quick Take Analysts anticipate a 25 basis-point rate cut from the U.S. Federal Reserve at Wednesday’s FOMC meeting. While lower rates typically boost risk assets like bitcoin, the Fed’s accompanying commentary and economic projections at Wednesday’s meeting may temper expectations for further cuts amid persistent inflation concerns, analysts said.

The Block·2024/12/15 16:00
Ripple to launch RLUSD Tuesday, monthly attestations to follow
Ripple to launch RLUSD Tuesday, monthly attestations to follow

Quick Take Ripple set Tuesday, Dec. 17, as the launch date for its RLUSD stablecoin. The company will enlist an independent auditing firm to create attestations of RLUSD reserve assets and then publish them monthly.

The Block·2024/12/15 16:00
Hyperliquid sees over $1 billion USDC net inflows since token launch
Hyperliquid sees over $1 billion USDC net inflows since token launch

Quick Take Hyperliquid has seen $1 billion net inflows of USDC into its network since the launch of its native token Hype. The price of Hype surged more than 590% since its launch. Hyperliquid also announced Monday that it has reached a new all-time high in open interest of above $4.3 billion.

The Block·2024/12/15 16:00
Flash
  • 13:19
    Bedrock: Special Airdrop Compensation for Users Experiencing Significant Price Differences Due to Market Volatility or Slippage During BR Price Fluctuations
    ChainCatcher reports that Bedrock posted on the X platform: "Recently, the price of BR on decentralized exchanges has experienced significant volatility. In response, we have proactively disclosed the project team's wallet address to enhance transparency and allow the community to monitor fund movements in real time." To further support users trading in the PancakeSwap BR/USDT liquidity pool, we will launch the following initiative: a special airdrop program for PancakeSwap BR/USDT traders. During periods of extreme price fluctuations, users who experience significant price differences due to market volatility or slippage will be eligible for special airdrop compensation. The specific rules and distribution plan for the airdrop will be announced and completed in the coming days."
  • 13:19
    Story partners with World to address AI-generated content infringement
    Odaily Planet Daily reports that the Story network has partnered with the digital identity project World to integrate the World ID digital identity solution into Story’s Layer 1 network focused on intellectual property. This collaboration aims to address intellectual property infringement issues arising from AI-generated content. Through this partnership, creators can not only verify the IP in their wallets but also independently set usage and payment terms for their intellectual property. This feature is expected to launch in the fall of 2025. (The Block)
  • 13:19
    Market News: ASX-listed DigitalX to Acquire $20.7 Million Worth of BTC
    Odaily Planet Daily reported that BitcoinTreasuries.NET posted on X, stating that the Australian listed company DigitalX will acquire BTC worth $20.7 million. This move will propel the company to 50th place on the BTC TOP 100 list.
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