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The cryptocurrency market experienced notable outflows from Bitcoin and Ethereum spot exchange-traded funds (ETFs) on December 30.
Bitcoin has edged higher over the past day despite global de-risking pulling equities lower, however, its 30-day Nasdaq correlation has climbed above 0.50, K33 Research reports.December’s FOMC meeting is seen as a major catalyst for the downturn in risk assets, with the Fed cutting its 2025 rate cuts forecast from four to two, analysts said.
Quick Take While it was politics this year that bolstered Polymarket, the platform also opened other — and certainly weirder — prediction markets. From aliens to tampons, Donald Trump smoking weed or Kamala Harris saying “brat,” here are some of the most interesting Polymarket predictions in 2024.
Quick Take Crypto M&A deals climbed to 248 in 2024, up from 221 in 2023 but still below 2022’s 271. Crypto VCs foresee consolidation rising in 2025, driven by clearer regulations and fintech expansion into crypto.
Quick Take Though they’ve been around for over a decade, memecoins have come to define 2024 much like how initial coin offerings dominated 2017 and NFTs took over 2021. Memecoins left their mark on the digital asset industry and aren’t going anywhere, sparking conversations on how the digital asset landscape should consider them moving forward.
IRS’s 2025 crypto relief for CeFi users is automatic. Taxpayers are not required to file or take action immediately.
Virtuals Protocol's VIRTUAL token reached a record $4, driven by strong market momentum. The team remains focused on bold growth goals for 2025.
This crypto analyst compared $HYPE at $20 with $SOL at $8. Here's why.
- 09:43Scam Sniffer: Beware of Fake Euler Finance Ads Appearing in Google Search ResultsAccording to ChainCatcher, Scam Sniffer | Web3 Anti-Scam has reported that fake "Euler finance" ads have appeared in current Google search results. These phishing ads steal users' wallet funds through malicious transaction signatures and use Punycode to disguise real domain names, tricking users into falling for the scam. Users are advised to stay vigilant and avoid clicking on suspicious links.
- 09:28Creditlink launches Beta version of its first on-chain analytics product Creditlink Smart AnalysisAccording to ChainCatcher, Creditlink, an on-chain identity verification and credit scoring system, has officially launched the Beta version of its first on-chain analytics product, Creditlink Smart Analysis. The initial product features two core functions: "Address Smart Analysis" and "Batch Address Analysis," designed to meet the needs of individual users for address credit analysis and rating, as well as project teams requiring batch address screening (applicable to scenarios such as token airdrops and Sybil attack prevention). Creditlink is committed to building an AI-driven on-chain address/contract intelligent analysis system for crypto users and project teams, enabling in-depth analysis and discovery of the value, market potential, and risks of addresses/tokens, ultimately establishing a comprehensive on-chain credit system.
- 09:19Bedrock token BR/USDT trading volume exceeds $3 billionOdaily Planet Daily News According to statistics from July 9, Bedrock token BR/USDT trading volume has exceeded $3 billion, with over 100,000 traders.Currently, Bedrock trading activities are still ongoing, including:1. Up to 50% trading fee rebate promotion;2. Second week of BR 7-day consecutive trading event (July 9 - July 15).