Someone orchestrated a pump-and-dump scheme for #XNY, which surged approximately 300%. The token became the most purchased asset across major centralized exchanges at 19:54 Moscow time, quickly ascending to a top position. By 20:36, it ranked second in open interest growth, contributing to a price increase. However, by 21:04, XNY led in sales volume on all exchanges, resulting in a sharp decline that wiped out its gains.

Today's Summary and Tomorrow's Events - https://t.me/bingx1/2147483647

Bithumb Launches Commemorative Airdrop for SAPIEN Listing in KRW Market
The cryptocurrency exchange Bithumb has announced a commemorative airdrop to celebrate the addition of SAPIEN to its KRW market. Trading of SAPIENUSDT is now available at a rate of 0.1726.
https://feed.bithumb.com/notice/1651022

White House advisor Hassett predicts the Federal Reserve will cut interest rates next week.

Bithumb announces the listing of SAPIEN (SAPIEN). More details can be found at feed.bithumb.com.

The #SUI ETF, 21Shares 2x SUI (TXXS), has gained approval to commence trading on Nasdaq.

TON AlphaTON files application with SEC to register approximately $420 million in funding to bolster investments in TON tokens.

Binance CEO CZ holds first meeting with Sam Bankman-Fried.

The ASTER buyback wallet has burned 77.86 million ASTER tokens, valued at approximately $79.81 million.

XRP has declined 31% over the past two months, according to Santiment, and is now at its highest fear, uncertainty, and doubt (FUD) levels since October, diverging from Bitcoin. The last peak of such fear occurred on November 21st, prior to a 22% price rally over three days. Following that surge, market greed cooled the momentum. Currently, a similar setup presents a new trading opportunity.

Yesterday, net outflows from spot Bitcoin ETFs totaled roughly $194.6 million, while Ethereum ETFs experienced net outflows of approximately $41.5 million.

Yesterday, net outflows from spot Bitcoin ETFs amounted to approximately $194.6 million, while Ethereum ETFs saw total net outflows of around $41.5 million.

BitMine Chairman Tom Lee states that cryptocurrencies have hit their lowest point.

JPMorgan analysts highlight that Strategy’s capacity to maintain its BTC value-to-asset ratio above 1 and avoid selling BTC is a key determinant of short-term price movements, according to The Block.
Earlier: Strategy’s CEO states there is no need to sell BTC.

USPD reports $1 million hack. x

The IMF warns that stablecoins could accelerate currency substitution and weaken central banks' authority. theblock.com

PIPPIN experiences a significant rally, Surging approximately 120% since yesterday. Token acquisitions commenced at 18:05 Moscow time, and by 19:00, PIPPIN had ascended to the top position in total purchase volume across all centralized exchanges. From 20:06 onward, the token began to attract increased open interest.

Careport charts available here: Chart

Previously, PIPPIN recorded gains of over 230%, 120%, and 90% based on active purchase activity. Insider control has been identified through Bubblemaps, with insiders holding half of the token’s supply valued at $120 million.

PIPPIN has surged approximately 120% since yesterday, driven by a spike in token purchases that commenced at 18:05 Moscow time. By 19:00, it topped all centralized exchange purchase rankings. From 20:06 onward, open interest in the token has also increased significantly.

Previously, PIPPIN experienced gains of up to 230%, 120%, and 90% according to data on active purchases. Insider activity accounts for roughly half of the token's $120 million supply, according to Bubblemaps.

#Careport 📊 Chart

Poland remains the only EU member state yet to approve the Markets in Crypto-Assets (MiCA) legislation. theblock.com #regulation

SolanaFloor reports that a Fluid co-founder has confirmed that Jupiter Lend’s vaults employ re-staking to enhance capital efficiency and are not entirely isolated. A Kamino co-founder said this contradicts earlier claims made by Jupiter.

According to a Decta report, the market capitalization of euro-denominated stablecoins doubled within a year of the June 2024 regulatory implementation. The growth was mainly driven by the euro-pegged tokens #EURS, #EURC, and #EURCV. Monthly transaction volumes increased from $383 million to $3.8 billion, nearly a ninefold rise. Despite this growth, the total capitalization of euro stablecoins remains around $680 million, a fraction of the approximately $300 billion market cap for US dollar-pegged stablecoins. Source: Coindesk