Circle minted 250 million USDC on the Solana network 6 hours ago

On December 22, Coinglass data shows BitLight (LIGHT) suffered a flash crash this morning—briefly falling below $1. It’s now trading at $1.12, marking a 24-hour price drop of 69.54%. The total liquidation value of LIGHT contracts across all platforms hit $7.64 million over a 4-hour window, leading the entire network.

December 22nd — Per HTX market data, the cryptocurrency market saw a modest rebound early this week, pushing total market capitalization to $3.086 trillion. This week kicks off the Christmas holiday market, with U.S. stock markets closing early on Wednesday and remaining shut all day Thursday. Markets are watching whether former President Trump will announce his pick for Federal Reserve Chair over the Christmas break. Several tokens in Binance’s Alpha category posted notable gains, with PINGPONG, RAVE, ZKP, and BEAT each surging more than 50% in the past 24 hours. The meme coin sector is continuing to cool off, posting a 0.6% drop in total market capitalization over the past 24 hours. Among the top 200 meme coins by market cap, only M, PUMP, and PIPPIN have posted gains in the last 24 hours.

On December 22, data from Coinglass shows that Bitcoin (BTC) recorded a total net outflow of 2949.67 BTC from centralized exchanges (CEXs) over the past 24 hours. The top three CEXs by outflow volume are: - Kraken, with an outflow of 2950.29 BTC; - Bybit, with an outflow of 628.18 BTC; - Coinbase Pro, with an outflow of 596.89 BTC. Additionally, Binance saw an inflow of 670.58 BTC, ranking first on the inflow list.

On December 21st, CME’s FedWatch data shows the probability the Fed will cut interest rates by 25 basis points in January is 22.1%, while the odds of holding rates steady are 77.9%.

December 21: BNB Chain has issued a developer reminder noting the BSCScan API has been deprecated—developers must now use the Etherscan API V2 instead. To maintain uninterrupted service and boost API performance, developers should migrate to BSCTrace via MegaNode.

On December 21st, data from The Data Nerd shows a crypto whale address opened a 3x leveraged long position on ETH via Hyperliquid yesterday—with the position valued at roughly $89 million. Notably, the address had already netted a $19 million profit over the past month.