24H Hot Coins and News | PENGU on-chain transaction volume exceeds CEX; Fuel Network airdrop application will be open on

24 H popular currencies

1. Popular currencies on CEX

CEX top 10 trading volume and 24-hour rise and fall:

• BTC: +0.36%

• ETH: -1.8%

• XRP: +4.89%

• SOL: +5.51%

• DOGE: -0.1%

• BNB: +0.75%

• PEPE: -3.75%

• PENGU: +720.92%

• TRX: -4.18%

• LTC: +7.43%

24-hour price increase list (data source: OKX):

• PENGU: +448.96%

• PRQ:+ 34.2%

• VELO: +14.15%

• FORTH:+ 11.23%

• LTC: +7.36%

• RON:+ 6.75%

• XLM: +6.11%

• SD: +5.58%

• ZENT: +5.14%

• ARG: +4.73%

2. Top 5 popular memes on the chain (data source: GMGN):

• STD

• UFD

• VIOLET

• Adillo

• BRODIE

3. Todays most searched currencies

• PENGU: PENGU is the official token of the Pudgy Penguins project. The token was open for airdrops and listed on Binance at 22:00 yesterday. The highest price reached 0.07 USDT. The current price is 0.027 USDT, with a market value of 1.705 billion US dollars. Anyone who owns Pudgy Penguins NFT or an active address in the Ethereum and Solana ecosystems is eligible to receive the airdrop.

• UFD: UFD ( eL5fU…ump ) is a meme coin on the Solana chain. The token is a message from an elderly traditional investor who owns gold and silver. He heard that Fartcoins market value reached 500 million, so he decided to create his own meme coin in cripto as a social experiment, called Unicorn Fart Dust (UFD). At the same time, he also broadcast live on YouTube and shared his views on this field. Players bought the meme coin he created in an attempt to subvert his understanding of crypto. The current market value of UFD is 12 million US dollars, and the number of holding addresses is 6,670.

Titulares

PENGU’s on-chain transaction volume exceeds $1 billion, exceeding CEX’s total transaction volume

Data shows that PENGUs on-chain transaction volume exceeded US$1 billion in less than 12 hours, exceeding the total transaction volume of all CEXs including Binance; Raydium leads with more than 50% of the on-chain transaction volume.

Fuel Network has opened airdrop inquiries, and claims will be open on December 19

Ethereum modular execution layer Fuel announced the launch of the Fuel Genesis Drop, which will provide 1 billion FUEL (10% of the total supply) to more than 200,000 unique addresses, distributed in various categories. It is reported that the qualification query page has been launched, and the FUEL tokens in the Fuel Genesis Drop will be available from the launch on December 19, 2024 to January 19, 2025.

Fuel noted that a total of 20% of the FUEL supply will go to the Fuel community, in addition to 10% going to the Genesis airdrop, and 5% for community outreach efforts divided between partner platforms. 5% is for yet-to-be-announced incentives, programs, events, and activations.

Noticias de la Industria

Bitcoin-Gold Ratio Hits All-Time High

The Bitcoin-to-Gold Ratio rose to 37.3 on Monday, a new all-time high, meaning one BTC can now buy about 37 ounces of gold. The indicator is often used to compare the relative strength and investor appetite between two assets. Compared to 36.7 during the peak of the cryptocurrencys last bull run in November 2021, the indicator is now about half a percentage point higher.

CNBC survey: 93% of respondents believe the Fed will cut interest rates by 25 basis points this month

Respondents to CNBCs December Fed survey are confident the Fed will cut rates this week, but theyre less sure if it should. 93% think the Fed will cut by 25 basis points. But only 63% think thats what the Fed should do. Respondents expectations for 2025 are for two more cuts of 25 basis points each, down from three in the previous survey.

U.S. retail sales in November rose 0.7% on a monthly basis, expected to be 0.5%, and the previous value was revised to 0.5%

The U.S. retail sales monthly rate in November was 0.7%, the highest since September, and the expected rate was 0.50%. The previous value was revised from 0.40% to 0.5%.

The US November retail sales control group was 0.4%, expected to be 0.40%, and the previous value was -0.10%.

The U.S. core retail sales month-on-month rate in November was 0.2%, in line with expectations of 0.40%. The previous value was revised from 0.10% to 0.2%.

Bitwise Launches Solana Staking ETP in Europe, with Marinade as Staking Provider

Crypto asset manager Bitwise has launched a Solana staking ETP in Europe, trading under the ticker symbol BSOL. Solana staking firm Marinade will become Bitwise’s staking provider.

Noticias del proyecto

Ethena Labs new stablecoin USDtb has a TVL of $65.4 million on its first day

USDtb, a new stablecoin launched by Ethena Labs, had a TVL of $65.4 million on its first day. Ethena Labs said in a December 16 announcement: “Ethena will be able to close its hedging position in USDe and reallocate its backing assets to USDtb to further reduce the associated risks.”

Ripples stablecoin RLUSD is now officially launched

According to Cointelegraph’s post on the X platform, Ripple’s stablecoin RLUSD is now officially launched.

Magic Eden will open the first Meme Coin claim on December 20

Magic Eden announced that the first Meme coin claim will open on December 20, including MUMU THE BULL (MUMU). Only 5,000 users are eligible. Participating users must ensure that they have downloaded and prepared the Magic Eden application.

Binance Wallet Launches Binance Alpha to Increase Pre-IPO Transparency and Spotlight Potential Projects

Binance announced the launch of Binance Alpha, a new platform within the Binance Wallet (formerly Binance Web3 Wallet) that aims to spotlight promising early-stage blockchain projects and help users explore Alpha opportunities.

The market value of Pudgy Penguins has fallen out of the top three in the NFT series market value ranking

The latest data from Coingecko shows that after Pudgy Penguins announced the launch of the PENGU token, its NFT floor price fell, and its current market value has dropped to approximately US$575,438,539 (148,074 ETH), surpassed by BAYC (US$732,393,343) and Infinex Patrons (US$582,884,097), ranking fourth in the NFT series market value.

Inversión y Financiamiento

Stablecoin infrastructure BVNK completes $50 million Series B financing, led by Haun Ventures

British stablecoin infrastructure company BVNK announced the completion of a $50 million Series B financing round with a valuation of $750 million. Haun Ventures led the investment, with participation from Coinbase Ventures and existing investor Tiger Global.

Tether announces investment in European stablecoin provider StablR

According to official news, digital asset company Tether announced that it has invested in European stablecoin provider StablR, aiming to accelerate adoption in the region. Tether’s investment in StablR demonstrates its commitment to the European market and support for fully regulated stablecoins.

Crypto securities platform Prometheum completes $20 million financing

Crypto securities platform Prometheum has completed a $20 million financing round, with investors including a group of undisclosed individuals and institutions. As of now, Prometheums total financing has reached approximately $64.3 million.

Personaje*Voz

President of The ETF Store: Invesco submits multi-class structure application to SEC, expected to become a hot ETF narrative next year

Nate Geraci, president of The ETF Store, said in a post on X: “Invesco (the fourth largest ETF issuer) submitted a multi-share class structure application to the US SEC today. Currently, nearly 40 fund companies are seeking iterations of this structure. This will become the hottest ETF narrative in 2025 (along with other spot cryptocurrency ETFs).”

Fox reporter: Democrats can re-nominate SEC Commissioner Crenshaw, but it will be up to Trump to decide whether to re-nominate

According to Fox Business reporter Eleanor Terretts post on X platform, after the Senate Banking Committee gave up pushing for the nomination of anti-crypto SEC Commissioner Caroline Crenshaw for re-election, Crenshaw is still serving on the committee and can serve until her successor is confirmed, or until Congress adjourns next year. According to congressional procedures, the minority party (in this case, the Democratic Party) usually recommends candidates to fill minority seats on the committee. The president can decide to listen to their advice at his own discretion, but he is not obliged to do so. Therefore, the Democrats may re-propose Crenshaws nomination at the request of Elizabeth Warren, but whether to re-nominate her will be decided by Donald Trump himself.

The father of high-frequency trading: Potential Bitcoin crash may lead to the collapse of US stocks next year

Thomas Peterffy, founder and chairman of Interactive Brokers and known as the father of high-frequency trading, believes that a potential Bitcoin crash is one of the biggest risks that could lead to a stock market decline in 2025.

This article is sourced from the internet: 24H Hot Coins and News | PENGU on-chain transaction volume exceeds CEX; Fuel Network airdrop application will be open on December 19 (12.18)

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