Year: 2024

Chainlink Eyes $45 as Whales Pump $7B in 30 Days, Key Focus at $32

Vortex Cryptonews

A whale returns after 293 days, purchasing $2.58M worth of LINK and holding a total of 94,533 tokens. Whale holdings grew by $7B in 30 days, reflecting a 69.78% increase in accounts with over $10M in LINK. Chainlink breaks out of a wedge pattern with bullish candles, targeting $32.50 and potentially $45 based on Fibonacci levels. As the crypto market reclaims the $3.5 trillion market cap, the DeFi tokens are back in action. With the market cap of DeFi tokens surpassing $163 billion, Chainlink is one of the top-performing tokens…

Bithumb to List NEIRO, MORPHO and SUNDOG, Tokens Bullish

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MORPHO skyrocketed 17.44% following Bithumb’s announcement. The listings come amid the collapse of the local crypto market post martial law. Bithumb, one of the leading digital asset trading platforms in South Korea, has announced the listing of Korean won trading pairs of prominent meme coins Neiro and Sundog along with Morpho (MORPHO), a decentralized lending protocol based on Ethereum, on Thursday. The prices of these altcoins turned bullish after the announcement. In a listing notice, Bithumb that it will list NEIRO at 06:00 PM (local time), MORPHO at 06:30 PM…

BitOasis Secures Full VASP Regulatory License in Dubai

Vortex Cryptonews

BitOasis is now a fully licensed trading platform in Dubai. Owned by CoinDCX, BitOasis is poised to compete significantly for market share in the region. The exchange just tapped into the pro-crypto stance of Dubai’s VARA. BitOasis, a leading crypto trading platform based in Dubai, has achieved a significant regulatory milestone. The exchange has recently secured a full Virtual Asset Service Provider (VASP) license from the Dubai Virtual Assets Regulatory Authority (VARA). This key development, announced earlier today, marks the completion of the company’s licensing process. This milestone follows the…

Bitcoin ETFs Draw Nearly $600M in Daily Inflows amid Renewed Interest

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Bitcoin ETFs in the US recorded close to $600 million in daily inflows on December 12 with BlackRock’s iShares Bitcoin Trust leading the inflows. The fund secured $432 million in investments on Thursday, marking a significant shift from its performance the previous day when it had zero interactions from institutional investors. Bitcoin spot exchange-traded funds (ETFs) in the United States recorded nearly $600 million in daily inflows on December 12, marking the 11th consecutive day of inflows since the start of the month. The inflows are buoyed by Bitcoin’s recent…

Binance Increases Trading Limits Today and Expands BFUSD Features for Futures Users

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The upgrade will affect all Binance Futures users starting December 17, 2024. The updated framework nearly doubles the capacity for users across VIP levels 0 to 9. Virtual sub-accounts cannot directly purchase BFUSD but can transfer it from main accounts using specific commands. has a substantial increase in position limits for its futures platform users, specifically for those trading with BFUSD. The upgrade, scheduled for December 17, 2024, will affect all membership tiers, from basic accounts to premium traders. The exchange’s new framework nearly doubles the previous capacity across users…

BEAM Foundation and Partners to Launch $40M AI, Crypto Computing Initiative

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Aethir, Beam Foundation, and MetaStreet have joined forces to introduce Tactical Compute, a $40 million venture addressing compute shortages for AI and blockchain. The initiative will combine Aethir’s GPU network with Beam and MetaStreet’s expertise to reshape compute economics and support AI-driven applications. To address the growing demand for computing power in artificial intelligence (AI) and blockchain, Aethir, Beam Foundation, and MetaStreet have come together to introduce Tactical Compute (TACOM), a $40 million initiative. According to a on Friday, this tripartite collaboration aims to revolutionize how compute resources are accessed,…

BIT Mining Expands Crypto Operations in Ethiopia with $2.26M Acquisition of Data Centres

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BIT Mining successfully completed the first phase of its acquisition in Ethiopia, purchasing a 35 MW of mining capacity and nearly 18,000 BTC mining machines for $2.265 million cash payment, in addition to the issuance of 369 million shares. The company is set to expand further with an additional 51 MW of data centers scheduled to be operational by early 2025. BIT Mining, a leading cryptocurrency mining company, has made a significant move to expand its operations in Africa, successfully completing the first phase of its acquisition in Ethiopia. The…

BitGo Partners with Core Foundation to Unlock $2 Trillion Bitcoin Yield Opportunities

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BitGo and Core Foundation have joined forces to introduce a secure and scalable solution that unlocks $2 trillion in Bitcoin yield opportunities for institutions. The Dual Staking model offers tiered Bitcoin yield backed by transaction fees and long-term blockchain rewards. In a landmark collaboration, BitGo, a US-based digital asset custody firm, has partnered with Core Foundation, the nonprofit organization overseeing the growth and development of the Core blockchain to revolutionize institutional Bitcoin investments. the partnership on Monday, December 9, BitGo said the deal has introduced a secure and scalable solution…

BTC, ETH Dominate Investment Inflows, XRP ETF on Radar

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Bitcoin led with $2 billion in inflows, pushing total BTC inflows for 2024 to $11.5 billion. Ethereum ETFs saw $1 billion in inflows, maintaining momentum for the seventh consecutive week. XRP saw significant inflows of $145 million amid rising speculation around the approval of an XRP ETF. Crypto investment products registered net inflows for the tenth consecutive week with Bitcoin , and Ethereum dominating a major of the inflows. On the other hand, inflows into XRP also picked up pace amid the rising speculation of an XRP ETF approval. In…

Aptos Foundation Opens Regional Office in Abu Dhabi

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Aptos Foundation has expanded its global footprint with the launch of a new regional office in Abu Dhabi which will serve as a regional hub. The new office will focus on building partnerships and supporting blockchain projects within the Aptos ecosystem. The UAE’s progressive policies on blockchain and Web3 were a key factor in the foundation’s decision to establish a regional presence. The Aptos Foundation, a non-profit organization managing the Aptos blockchain, has announced the opening of its regional office in Abu Dhabi. This move is part of its broader…