Key Points:
OpenSea hints at possible launch of OCEAN token
Bitwise Launches Solana Staking ETP
Rumble receives $775 million investment from Tether
OpenSea has released a mysterious post through its "OpenSea Foundation" account on X, hinting at the possible launch of a token, suggesting the token name is "OCEAN". The NFT market has faced skepticism in the past, but now there is renewed optimism in the cryptocurrency community. Preparations such as registering the "OpenSea Foundation" in the Cayman Islands indicate long-term planning. Despite the challenging NFT market environment, OpenSea continues to promise future developments, attracting the attention of cryptocurrency enthusiasts. Although details are still scarce, the hype suggests that material benefits may come in the near future.
Bitwise has launched the Solana Staking ETP on Deutsche Börse in Germany, providing European investors with exposure to Solana (SOL) and staking rewards. Staking allows users to lock up SOL tokens to support the network and earn additional tokens as yield. The fund provides a liquid and cost-effective option for investors seeking staked SOL exposure. Despite regulatory challenges in the U.S., interest in Solana products is growing, driven by the network's fast and affordable blockchain applications.
Rumble has signed a $775 million strategic investment agreement with Tether, the largest stablecoin provider. The transaction includes a $250 million allocation to accelerate growth initiatives and a self-tender offer for up to 70 million Class A shares at $7.50 per share to provide liquidity to shareholders. CEO Chris Pavlovski retains a controlling stake, emphasizing the shared values of decentralization and free speech between Rumble and Tether. The transaction is expected to close in the first quarter of 2025, with Rumble's governance structure remaining unchanged. The partnership is designed to advance Rumble's growth while aligning with Tether's vision for a decentralized system.
news
OpenSea announces that it will launch OCEAN tokens through the new X account
New Poll Shows One in Five US Voters Trade, Invest or Use Cryptocurrency
MARA expands Bitcoin holdings with $1.53 billion acquisition
Pudgy Penguins’ PENGU Token Drops More Than 50% After Launch
product
Bitwise Launches Solana Staking Product in Germany as US ETF Hopes Grow
Deutsche Bank to build L2 blockchain on Ethereum
Tether invests in StablR to boost stablecoin adoption in Europe
“Farm Frens” Telegram Game Plans to Launch Tokens and Airdrops in January
Regulation
Trump appoints former college football player and Republican House nominee Bo Haines as chairman of cryptocurrency committee
Bitpanda receives approval-in-principle for expansion in UAE
Ohio lawmakers introduce bill to create state-backed Bitcoin reserve
Jump Crypto Subsidiary Tai Mo Shan Reaches $123 Million Settlement with SEC
funds
Rumble announces $775 million strategic investment from Tether
Big Time Studios Launches $150M Open Loot Fund for Web3 Games
BVNK raises $50 million to enter the U.S. stablecoin market
Quantum BioPharma invests $1 million in BTC and cryptocurrencies to diversify funding