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Key Market Insights for December 18th, How Much Did You Miss Out On?
Featured News
1. Latest US CPI and Unemployment Data to Be Released Tonight at 9:30 PM
2. Chinese Meme Coins on BSC Chain Buck the Trend with "Hakimi" Seeing a 20% Surge in 24 Hours
3. Buidlpad Launches Yield Product Offering 8% APY
Featured Articles
Over the past 24 hours, the cryptocurrency market has shown continuous evolution on multiple fronts. Mainstream discussions focus on major platform upgrades and the compliant expansion of prediction markets, while institutions continue to advance their positioning in on-chain payments and security infrastructure. In terms of ecosystem development, Solana reinforces security and liquidity access, Ethereum L2 accelerates application deployment, and the Perp DEX sector maintains intense competition in new features and governance dynamics.
2.《Why Are Crypto Projects Being Acquired Without Taking the Tokens Now?》
Early morning the day before yesterday, the Interop Labs team (the initial developers of the Axelar Network) announced their acquisition by Circle to accelerate the development of their multi-chain infrastructure Arc and CCTP. In theory, getting acquired is a good thing. However, the Interop Labs team's further elaboration in the same Twitter thread caused quite a stir. They stated that the Axelar Network, Foundation, and AXL token will continue to operate independently, and their development work will be taken over by CommonPrefix.
On-chain Data
On-chain Funds Movement on December 18
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Digital Asset Fund Outflows Lead to Market Volatility
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Dormant Ethereum Whale Transfers 50,000 ETH After Long Inactivity
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Bitcoin Losses Reach $4.5 Billion – Highest in Three Years
Key Takeaways Bitcoin has recorded a realized loss of $4.5 billion, marking the highest level in three years.…
Cryptocurrency Market Experiences $766 Million in Liquidations Over 24 Hours
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Solana Staking Surges to Record High Amid Price Challenges
Key Takeaways Solana’s staking ratio has reached an all-time high of 70%, indicating strong confidence from long-term holders.…
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Key Takeaways Bitcoin’s price has dropped below $88,000 due to heightened fears of a U.S. government shutdown. Market…
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