Bitcoin extended its weekend rally, hitting a new all-time high above $107,700, driven by rising spot volumes and the return of the Coinbase Premium during the US session, signaling robust buying activity.<\/p>\n\n\n\n
On the FTX front, Kraken and BitGo will distribute the first recovery payments to claimants in January 2025, over two years after the exchange\u2019s collapse.<\/p>\n\n\n\n
In DeFi, Ethena Labs launched its BlackRock-backed stablecoin, USDtb, on December 16, quickly amassing $65.4 million in TVL. Backed 1:1 by cash equivalents, USDtb offers stability for Ethena\u2019s USDe holders amid market volatility.<\/p>\n\n\n\n
<\/p>\n","protected":false},"excerpt":{"rendered":"
Bitcoin extended its weekend rally, hitting a new all-time high above $107,700, driven by rising spot volumes and the return of the Coinbase Premium during the US session, signaling robust buying activity. On the FTX front, Kraken and BitGo will distribute the first recovery payments to claimants in January 2025, over two years after the […]<\/p>\n","protected":false},"author":93,"featured_media":43644,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_ayudawp_aiss_exclude":false,"footnotes":""},"categories":[14714],"tags":[6467,6602,6536],"class_list":["post-43643","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-analysis","tag-crypto","tag-market-update","tag-news"],"acf":{"key_takeways":false,"youtube_vodeo_url":"","seo":{"title":"","keywords":"","description":"","canonical":""},"blog_banner_image":false,"blog_coin":false,"download_the_app":{"button_value":"","button_url":""},"twitter_card":{"twitter_title":"","twitter_description":"","twitter_link":""},"maturity_tag":"","post_author":false,"guest_author":false,"hide_toc":true,"select_disclaimer":"Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. The information provided in this post is not to be considered investment\/financial advice from CoinSwitch. Any action taken upon the information shall be at the user\u2019s risk."},"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/posts\/43643","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/users\/93"}],"replies":[{"embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/comments?post=43643"}],"version-history":[{"count":2,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/posts\/43643\/revisions"}],"predecessor-version":[{"id":43648,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/posts\/43643\/revisions\/43648"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/media\/43644"}],"wp:attachment":[{"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/media?parent=43643"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/categories?post=43643"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/tags?post=43643"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}