Author: Vortex Cryptonews

Binance Labs Joins Perena $3M Pre-Seed Round to Boost Stablecoin Adoption

Vortex Cryptonews

Perena intends to make strategic hirings to build Solana-based infrastructure to enable mainstream adoption of stablecoins. The Perena team led by Anna Yuan has been betting on the exponential adoption of the stablecoins industry. Perena, a startup building the foundational infrastructure to solve critical challenges in the stablecoin industry, has closed its pre-seed funding round led by Borderless Capital. According to , Perena attracted more institutional investors including Binance Labs, MitonC Fund, Maelstrom Fund, Breed VC, and ABCDE Labs, among others. Anna Yuan, former stablecoin lead on the Solana Foundation…

BlackRock, MARA Accumulate Nearly 10,000 BTC as Bitcoin Price Dips Below $100K

Vortex Cryptonews

BlackRock and MARA bought over 9,000 Bitcoin amid price dip. Institutions hold 2.66% of Bitcoin’s total supply. Despite recently experiencing a dip, Bitcoin has continued to draw interest from major institutions like BlackRock and MARA Holdings. The latest reports show that, between December 5 and 6, the giants , MARA Holdings, alongside a yet-to-be-identified whale, collectively bought nearly 10,000 Bitcoin, taking advantage of the price fall to $92,957. BlackRock and MARA Lead the Bitcoin Accumulation Frenzy BlackRock, the world’s largest asset manager, made the most notable BTC purchase after scooping…

Xlandeflux: The Leading Platform for Seamless Crypto-to-Crypto Trading

Vortex Cryptonews

Xlandeflux: The Premier Crypto-to-Crypto Exchange for Seamless Global Trading In the dynamic and ever-changing world of cryptocurrency, selecting a trusted and efficient exchange is paramount to achieving trading success. Xlandeflux has emerged as one of the most reliable and sought-after platforms in the crypto industry, providing seamless crypto-to-crypto trading with a focus on security, speed, and a superior user experience. Operating across 53 countries, Xlandeflux caters to both seasoned traders and newcomers, empowering them to trade confidently in an increasingly digital world. Why Xlandeflux is the Top Choice for Crypto…

Binance Sparks Triple-Digit Surges with New Listings of ACX and ORCA Tokens

Vortex Cryptonews

Binance listed Across Protocol (ACX) and Orca (ORCA), boosting their visibility in the market. Both tokens carry Binance’s “Seed Tag,” noting their high volatility and associated trading risks. ACX surged 131%, while ORCA rose over 90% in the past 24 hours. On Friday, leading cryptocurrency exchange Binance the addition of two tokens, Across Protocol and Orca , to its platform. The listing news sent the prices of both tokens skyrocketing by triple-digit percentages within just an hour of the announcement. The tokens will be available for trading on December 6…

Bitcoin Price Can Surge to $100K Soon as Profit-Booking Cools Down

Vortex Cryptonews

Glassnode data reveals a 42% decline in daily realized profits for Bitcoin, now at $277 million per day, from the November peak of $481 million. Institutional buying continues as MicroStrategy and MARA Holdings make significant Bitcoin purchases. The Bitcoin community is looking forward to Microsoft’s upcoming shareholder vote on adding Bitcoin to its balance sheet. After consolidating for some time around $96,000 levels, Bitcoin price is on an upward trajectory gaining 1.5% today, eyeing a move towards $100,000 and above. Over the past week, BTC price showed limited movement consolidating…

Aave Price above $300 for First Time since November 2021 Fueled by Robust Fundamentals

Vortex Cryptonews

Aave price has rallied more than 44 percent in the past week to trade above $300 for the first time since November 2021. The Aave protocol has registered a significant increase in borrowing activities on the Ethereum network. Amid the ongoing reawakening of the altcoin industry, led by large-cap crypto projects, Aave (AAVE), a mid-cap DeFi project, has registered palpable gains in the past few weeks. After rallying more than 44 percent last week, AAVE price surged around 6.9 percent in the past 24 hours to trade at about $383…

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

Vortex Cryptonews

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

Vortex Cryptonews

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…