24H popular currencies and news | Russia is using Bitcoin in foreign trade; the number of crypto investors in South Korea exceeds 15 million, and the trading volume is comparable to the stock market (12.26)

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23 hours ago
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The U.S. Bitcoin spot ETF has seen outflows of more than $1.5 billion in the past four days, setting the longest consecutive outflow record since Trumps election.

24 H popular currencies

24H popular currencies and news | Russia is using Bitcoin in foreign trade; the number of crypto investors in South Korea exceeds 15 million, and the trading volume is comparable to the stock market (12.26)

1. Popular currencies on CEX

CEX top 10 trading volume and 24-hour rise and fall:

  • BTC: +0.4%

  • ETH: -0.3%

  • XRP: -1.7%

  • SOL: -1.3%

  • DOGE: -1.3%

  • PEPE: -5.0%

  • MOVE: +23%

  • LINK: -3.8%

  • SUI: -4.1%

  • HBAR: -3.2%

24-hour price increase list (data source: OKX):

  • DAO: +15.78%

  • RUNECOIN: +14.64%

  • RADAR: +12.72%

  • PHA: +12.49%

  • ZENT: +9.02%

  • GEAR: +7.31%

  • AGLD: +7.02%

  • RSR: +5.18%

  • SD: +4.66%

  • ERN:+ 4 .48 %

2. Top 5 popular memes on the chain (data source: GMGN):

  • PENGU

  • relaxboy

  • OGCCHILLGUY

  • Fartcoin

  • arc

3. Todays most searched currencies

  • URO and RIF: two leading projects in the DeSci sector. Affected by the news that BIO Protocol will airdrop BIO to URO and RIF holders, URO rose by more than 50% in 24 hours, and its market value returned to 80 million US dollars; RIF rose by more than 30% in 24 hours, and its market value returned to 70 million US dollars. At the same time, it also led to the rise of other DeSic projects.

Headlines

Russian Finance Minister: Russia is using Bitcoin in foreign trade

Russia is using Bitcoin in foreign trade, the country’s finance minister said.

The number of crypto investors in South Korea has exceeded 15 million for the first time, and the average daily trading volume of the top five exchanges is close to 15 trillion won, comparable to the stock market

After the US presidential election, the number of cryptocurrency investors in South Korea has exploded, with more than 30% of the total population (about 51.23 million) investing in cryptocurrencies. This is the first time that the Bank of Korea has released cryptocurrency-related statistics. The data was collected from business operators in accordance with the Virtual Asset User Protection Act, which came into effect in July last year.

According to data submitted by the Bank of Korea to Lim Kwang-hyun (sound), a member of the National Assembly Planning and Finance Committee and a member of the Democratic Party, on the 25th, as of the end of 2019, the number of cryptocurrency investors in South Korea was 15.59 million as of November, an increase of 610,000 from the end of October.

The trading volume has also grown significantly. The average daily trading volume of domestic cryptocurrency exchanges reached 14.9 trillion won in November. This is equivalent to the combined size of the KOSPI market (9.9214 trillion won) and the KOSDAQ market (6.9703 trillion won) in the same month.

Industry News

The U.S. Bitcoin spot ETF has seen an outflow of more than $1.5 billion in the past four days, setting a record for the longest consecutive outflow since Trump was elected

Data shows that the U.S. Bitcoin spot ETF has experienced net outflows for four consecutive days, with a cumulative outflow of more than $1.5 billion. This is the longest consecutive outflow record since Trump was elected.

Despite another net outflow yesterday, the total assets held by all Bitcoin ETFs still reached $107.53 billion, thanks to the strong price performance that day, the funds daily increase was as high as 6.48%. As of December 24, four consecutive days of net outflows have reduced the cumulative net inflow to $35.68 billion.

This year, 9 new Bitcoin ETFs and MicroStrategy in the United States have increased their holdings by more than 1.1 million BTC

HOD L1 5 Capital released on-chain activity since the launch of the US Bitcoin spot ETF. More than 1.1 million BTC have been transferred to strong(er) hands this year, including 9 new ETFs and MicroStrategy.

In addition, Grayscale GBTC/BTC sold a total of 373,787 BTC, the German government sold 50,000 BTC, and mining produced 209,683 BTC.

The proportion of daily transactions in Runes on the Bitcoin network has fallen to a new low

Runes transactions on the Bitcoin network have fallen to a new low, accounting for just 1.67% of daily transactions, a significant drop from their dominance earlier this year.

BlackRock: Rather than launching new altcoin ETFs, it is more focused on providing BTC and ETH ETFs

Jay Jacobs, head of U.S. thematic and active ETFs at BlackRock, said: “For Bitcoin and especially Ethereum, we are really just at the tip of the iceberg. Relative to launching new altcoin ETFs, BlackRock’s clients currently only own a small portion of Bitcoin and Ethereum exchange-traded funds, IBIT and ETHA, so this is our focus.”

Binance Supports Bitcoin Payment Pilot Proposal in Thailand

Thailand is considering a bitcoin pilot project proposed by former Prime Minister Thaksin Shinawatra that would be tested in Phuket as a tourism-focused sandbox.
The proposal was supported by Binance Thailand’s CEO, who saw it as a positive step for the country’s competitiveness and ability to attract tourists. However, despite efforts by industry advocates and some political supporters to turn Thailand into a digital hub, the Bank of Thailand still bans crypto payments.

Project News

Pump Science: Token Economics Design Completed

Pump Science published a post on the X platform stating that the token economics design has been completed, including:

- 5% of the future issued token supply will be distributed to previous token holders (at the time of migration);

-Now hold more PS tokens ($RIF, $URO), and you can get new tokens later;

-This will continue as long as new products are introduced (forever).

Binance adds USUAL as a flexible-rate lending asset

Binance has added Usual (USUAL) as a borrowable asset for Binance Lending (Flexible Rate). Users can view the latest interest rates and a complete list of borrowable and collateral assets through the loan data. To place new Binance Lending (Flexible Rate) orders through the Binance App, please upgrade the App to iOS v2.78.0 or Android v2.78.0 and above. Old versions of the App no longer support the creation of new Binance Lending (Flexible Rate) orders.

Kraken and SEC File Joint Proposed Order Extending Deadline for Objections to Disclosure Dispute

According to court documents filed on December 23, plaintiff the U.S. Securities and Exchange Commission and defendants Payward Inc and Payward Ventures (collectively, Kraken) have filed a joint proposed order.
Kraken said the parties filed a joint statement regarding discovery disputes involving three categories of document requests the SEC filed against Kraken regarding Bitcoin and Ethereum, the SEC’s public statements and testimony regarding digital assets, and the SEC’s objections regarding its insider trading policy regarding digital assets.

Report: It is expected that by the end of next year, there will be at least 10 projects on Pump.Science with a market value of more than 100 million US dollars

According to a recent report by MV Global, DeSci is expected to achieve significant growth by 2025, driven by the utility of the meme coin.
The report noted that two projects, Rifampicin and Urolithin A, have gained significant attention, achieving market capitalizations of approximately $73 million and $59 million, respectively. These tokens are launched through the Pump.Science platform and, according to MV Global’s assessment, have more utility than traditional meme coins. MV Global expects Pump.Science to achieve massive expansion in 2025, with at least 10 projects expected to have a market capitalization of more than $100 million by the end of the year.

Characters Voices

ai16z founder: DeFi is the killer application of encrypted AI agents

Shaw, the founder of ai16z, wrote on X that DeFi is the killer application of encrypted AI agents.

DWF Labs co-founder: AI, DeSci, anti-quantum, meme, etc. will be the key narratives in 2025

DWF Labs co-founder Andrei Grachev published an article on the X platform about his views on industry trends in 2025. Andrei believes that the asset issuance method of ICO style, no lock-up restrictions, no vesting clauses, and full unlocking at TGE will be more popular. AI, AI agents, DeSci, anti-quantum technology, income-generating assets, and memes will be the key narratives in 2025.

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