FTX US doubled their user count in Q4 2021
FTX US, the United States branch of the crypto exchange FTX, has more than doubled its user count in the past 3 months of 2021 and has accumulated more than 1 million users in a year. This comes as global crypto adoption increases, while the company has inked numerous impressive partnerships.
SHIBA INU developers working on Layer 2 Scaling solution ‘Shibarium’
The developers of Shiba Inu appear to be working on Shibarium, a Layer 2 scaling solution that will act as a backbone for many future launches.
Developers of the meme coin may be in the initial phase but there is no clarity with regards to the details of the Layer 2 scaling solution. The timeline, specifically, is yet to be announced.
Institutional crypto custodians raised more than $3 billion in 2021
According to The Block Research, crypto custodial firms focused on the institutional market experienced a significant upswing in funding in 2021.
Such firms have raised more than $3 billion this year. As noted in The Block Research’s 2022 Digital Asset Outlook Report, the rate of investments was more than three times higher than 2020.
UST gets listed on Binance and Huobi, propelling Terra to $100
UST, the main stablecoin of the Terra project, is being integrated into Binance and Huobi, two leading exchanges by trading volume, expanding the options that users have to trade the stablecoin.
After these announcements, The price of LUNA, the governance asset of the Terra project, broke its previous all-time high, going over $100 for the first time in its history.
Top 5 Trending Assets
$SPG: 739,130 views
$ONUS: 98,396 views
$ITAM: 93,561 views
$RACA: 68,278 views
$OOKI: 61,351 views
SPG (Space Crypto) grew by 14 times in the last 24 hours, bringing the value of this asset to $1.87 after a few days of fluctuating around $0.8. With this achievements, SPG has led the Top Gainers and Top Trending assets on ONUS.
Whale accumulated 142,000 BTC
According to data from Chainalysis, a cryptocurrency statistics and advisory firm, large investors holding at least 1,000 BTC would have collected 142,000 Bitcoin in the second week of December, bringing the total amount of Bitcoin in their possession to nearly 200,000 BTC, the highest in 2021.
Terra (LUNA) surpasses $35,000,000,000 market cap, soaring 123% in 30 days
LUNA, the 9th-ranked crypto asset by market cap, is up more than 123% in the past 30 days and is trading at $97.36. The project’s market cap has skyrocketed past $35 billion on the heels of its price increase.
SHIB, BTC, DOGE, ETH, and ADA emerge most watched cryptos of 2021
CoinMarketCap has highlighted that SHIBA INU was the most cared about cryptocurrency in the year as users searched for it over 188 million times on the platform.
SHIB was followed closely by market leader Bitcoin which had over 145 million hits on the site. Dogecoin also made the list along with Cardano and Ethereum. These had over 107 million, 86 million, and 81 million views respectively.
Most traded cryptocurrencies in India
ZebPay, India’s oldest cryptocurrency exchange, has revealed that SHIBA INU (SHIB) and Polygon (MATIC) were among the most traded cryptocurrencies alongside Bitcoin in 2021.
Dogecoin Foundation works with Ethereum co-founder on DOGE staking
The Dogecoin Foundation, a non-profit organization behind the meme-based cryptocurrency Dogecoin (DOGE), is working on a staking mechanism in collaboration with Ethereum co-founder Vitalik Buterin.
This staking mechanism will allow Dogecoin users to stake their DOGE and get extra tokens for supporting the network.