Over $120 billion pours into crypto market in a day as Bitcoin reclaims $51k
Over the course of 24 hours, the crypto market capitalization rose from $2.26 trillion to a current $2.38 trillion, representing a gain of more than $121 billion as Bitcoin (BTC) soared beyond $51,000 on December 24.
ETH whale hoards nearly 54 billion SHIB
According to WhaleStats, an ETH whale has bought nearly 54 billion SHIB, equivalent to $2 million.
Just 1.3 million Bitcoin left circulating on crypto exchanges
According to CryptoRank, just 6.3% of the total Bitcoin supply, equivalent to 1.3 million BTC, is held on cryptocurrency exchanges. The 6.3% December figure is the lowest recorded in 2021.
SHIBA INU net flow increases by more than 500%
SHIBA INU is continuously moving in the recovery phase after losing 70% of its value since reaching the ATH at the end of October.
More traders have decided to enter SHIB and open new positions that cause a strong net flow increase, which prompted buying power to present on the SHIBA INU market.
Bitcoin above $51,000 despite the U.S. SEC rejecting two Bitcoin spot ETFs
Bitcoin is trading 6.05% up despite the U.S. Securities and Exchange Commission (SEC) rejecting two Bitcoin spot ETFs. Bitcoin is currently trading at a price of $51,174 with a market cap of $969 billion.
Decentralized exchanges saw over $1 trillion in trading volume this year
Decentralized exchanges (DEXs) reported more than $1 trillion in trading volumes in the year 2021, according to The Block Research. That figure is a massive 858% increase compared to 2020 DEX trading volumes, based on data as of December 23.
PwC Hong Kong buys land in the Sandbox
PwC Hong Kong, the subsidiary of the Big Four accounting company, has purchased virtual land in The Sandbox, an Ethereum-based VR and Metaverse platform.
PwC Hong Kong intends to construct a Web 3.0 advisory hub to facilitate a new generation of professional services, including accounting and taxation.
RACA grew by 38.89% in 24 hours
RACA broke last week’s downtrend with remarkable growth over the past 24 hours. Currently, RACA is holding the No. 1 position in the top gainers on ONUS app with a growth of 38.89%.
Ethereum whale acquires 1 million tokens
According to IntoTheBlock analytics, 100% of MATIC holders are in profit following the latest rise. An Ethereum whale ranking no.2 among the largest 1,000 ETH wallets tracked by WhaleStats has bought 1 million MATIC tokens, or $2,690,000 worth.
Most-mentioned NFT Projects On Twitter
XTZ, the native cryptocurrency of Tezos, has attracted 38.09 thousand comments and has become the most-mentioned NFT project on Twitter in the past 24 hours. BSCS, AXS, SOUL, and MANA also entered the top 10 NFT projects constantly discussed on this social network.