DeepNewz

DeFi
Moonwell Launches Debit Card for Crypto Spending at 44 Million Merchants in Collaboration with Cypher_HQ
Moonwell has launched the Moonwell Card, a debit card that allows users to spend their onchain crypto assets globally

DeFi
Circle to Launch CCTP V2 for Faster USDC Transfers with Low-Latency Settlements on Ethereum, Base, and Avalanche in Early 2025
Circle has announced the upcoming launch of its Cross-Chain Transfer Protocol (CCTP) V2, set to debut in early 2025

Regulation & Politics
El Salvador to Make Bitcoin Voluntary to Secure $1.3B IMF Loan in Weeks
El Salvador is set to scale back its ambitious Bitcoin policies

Markets
MicroStrategy Buys $2.1B in Bitcoin
MicroStrategy Inc. has significantly expanded its Bitcoin holdings, purchasing an additional 21,550 BTC for approximately $2.1 billion between December 2 and December 8, 2024.

Markets
Bitcoin at $98,400: Analysts Warn of Potential Market Top and Bearish Sentiment
Bitcoin's price has recently surged past $100,000, but has since stabilized at around $98,400, prompting concerns about a potential market top

DeFi
Stablecoin Market Cap Surpasses $200 Billion, Up 13%, Amid Aave and Compound Rates of 10-20%
The stablecoin market has reached a record high, with the total market capitalization surpassing $200 billion, marking a 13% increase over the past month

TradFi & Fintech
Riot Platforms to Raise $500M via Convertible Notes for Bitcoin Acquisition
Riot Platforms Inc., a publicly traded Bitcoin mining company, has announced plans to raise $500 million

NFTs & Web3
$ME Token Airdrop Set for December 10 Amid Binance Speculation; 1 $ME Test Send Detected
The upcoming airdrop for the $ME token, associated with Magic Eden, is scheduled for December 10, 2024

Blockchains
Movement Labs Launches $MOVE Token at $7B FDV, Airdrops to Early Users
Movement Labs, an Ethereum layer-2 network built using MoveVM, has launched its native token, $MOVE, with a portion of the tokens being airdropped to early users and community members

Markets
Bhutan Transfers 406 and 410 BTC to QCP Capital, Suspected for Sale
The Royal Government of Bhutan has recently transferred a significant amount of Bitcoin to QCP Capital, a move suspected to be for sale





