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CryptoQuant analysts argued that ETH price could rise above $5,000 amid increasing on-chain activity and institutional demand.
Sygnum Bank has published a report with its 2025 predictions for Bitcoin and altcoins.
Quick Take At The Block’s Emergence conference, the CEOs of Abra and Arch, both active in crypto lending, shared insights into the current landscape. This column is adapted from The Scoop newsletter.
Quick Take MegaLabs, the developer of MegaETH, raised $10 million in under three minutes on Echo, marking the platform’s largest sale to date with 3,200 investors from 94 countries. Frank Richard Ahlgren III from Austin, Texas, was sentenced to two years in prison on Thursday for falsely underreporting capital gains made from selling $3.7 million worth of bitcoin. Crypto exchange Gate.io dismissed rumors of a security breach on Friday morning, confirming no abnormalities or issues were detected. The follow
Quick Take Sheila Warren has been leading CCI for the past three years. CCI’s Board of Directors appointed Ji Hun Kim, currently the group’s chief legal and policy officer, to become acting CEO.
- 10:33dappOS launches spot trading based on its intent networkOn December 19, dappOS announced the launch of IntentEX, a spot trading use case based on its intent network, providing users with CEX-level on-chain trading experience. IntentEX can also capture professional institutional-level liquidity through dappOS network nodes based on its internal order book.
- 10:10Wintermute is a market maker for PENGU tokensAccording to on-chain analyst Aunt Ai, market maker Wintermute has recently become the market maker for PENGU tokens. Currently, two addresses of Wintermute hold a total of 18.7 million PENGU, worth about $602,000 USD, and have been frequently trading PENGU in the past two days.
- 09:28CryptoQuant CEO: Domestic assets such as the Korean Won have no appeal, considering whether to leave South KoreaOn December 19, CryptoQuant CEO Ki Young Ju posted on social media saying: "Domestic assets such as the Korean won have no appeal at all. The government has not realized this and is just blindly maintaining prices, which leads to a surge in exchange rates. The USDT traded on Upbit has already reached an IMF crisis-level exchange rate. I personally believe that there is currently a massive outflow of national wealth. Many wealthy people I know are leaving South Korea. Isn't the outflow of national wealth a reflection of the country's cognitive ability?" He further pointed out: "The government should not forcibly retain capital fleeing overseas, but should think about how to make capital voluntarily return. We need to cultivate industries, provide incentives for investors, and open up business opportunities. I hope we can stop these pointless regulations. Since I don't understand domestic politics very well, I don't know who can make such changes. As a Korean company, I've persisted for 7 years, but now I'm also considering whether or not to leave South Korea. It's really too frustrating."
