DeepNewz

NFTs & Web3
Beam Ventures Launches $150M Gaming Fund in Abu Dhabi for Blockchain Games, Backed by $228M Treasury
Beam Ventures has announced the establishment of a $150 million gaming fund set to launch in Abu Dhabi in 2025

NFTs & Web3
Pudgy Penguins NFTs Hit 26 ETH Floor, First PFP Over $100K Since April, Exceed Bitcoin Value
The floor price of Pudgy Penguins, a popular non-fungible token (NFT) collection, has surpassed $100,000, reaching approximately 26 ETH per NFT

DeFi
Ethereum Dominates Tokenization with $20 Billion USDT Issued, Leading in Capital Gravity and On-Chain Economy
Ethereum continues to solidify its position as a leader in the tokenization space, with recent developments highlighting its significant role in the on-chain economy

Markets
Tom Lee Projects Bitcoin at $250,000 by 2025 Amid Caution; VanEck CEO Sees $2.9 Million, 'Trump Put' in Play
Tom Lee, co-founder of Fundstrat, has expressed a more cautious outlook for 2025, diverging from his previous bullish stance on Bitcoin

Markets
Bitcoin Surges Above $101,000 on December 11, 2024 Amid Speculation on Trump's Influence
Bitcoin has surged above $100,000, reaching a new high amid speculation surrounding Donald Trump's influence on the cryptocurrency market

DeFi
Raydium Protocol Surpasses Uniswap with $124.6 Billion in November DEX Volume, 30% Increase Over $90.5 Billion
In November 2024, Raydium Protocol emerged as the leading decentralized exchange (DEX) by trading volume across all chains.

TradFi & Fintech
Microsoft Shareholders Reject Proposal to Invest 1% of $78.4B Cash in Bitcoin at Annual Meeting
Microsoft shareholders have voted against a proposal to invest in Bitcoin by adding it to the company's balance sheet

Infrastructure
Chainlink Secures Over $40 Billion, Integrates with Coinbase's Project Diamond to Boost DeFi Renaissance and Digital Asset Adoption
Chainlink is positioning itself as a crucial connector between traditional finance (TradFi) and decentralized finance (DeFi), emphasizing its neutrality and ability to integrate with global capital markets

CeFi
Coinbase to List Magic Eden's $ME Token on Solana, Spot Trading Pending Liquidity
Coinbase has announced that it will add support for Magic Eden's $ME token on the Solana network (SPL token)

NFTs & Web3
Adidas Reveals 'ALTS by Adidas' NFT Collection on December 10, 2024, Nearly Three Years After Initial Mint in December 2021
Adidas has officially revealed its NFT collection, 'ALTS by Adidas', on December 10, 2024, marking a significant milestone nearly three years after the initial minting in December 2021





