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TON Slips 3.3% to $1.59 as Broader Crypto Market Weakens
Yahoo Finance· 2025-12-11 16:58
Core Insights - Toncoin (TON) experienced a 3.3% decline in the past 24 hours, dropping to $1.596, amidst a broader downturn in the crypto market, despite signs of increasing institutional interest through trading volume and ecosystem expansion [1][2] Trading Volume and Price Action - There was a 20% increase in trading volume over the seven-day average, indicating potential accumulation, yet the price struggled to surpass the $1.65 level, suggesting that the buying activity may be driven by institutions rather than retail investors [2] - The price action of TON has shown a mismatch with trading volume, reflecting a more patient buying approach from institutions [2] Ecosystem Developments - Telegram has launched its crypto wallet service in Uzbekistan, allowing residents to use local bank cards for crypto transactions, which provides Toncoin with a new market presence in Central Asia, although this does not guarantee increased demand for the cryptocurrency [3] Technical Analysis - The technical outlook for TON remains mixed, with the token consolidating below the resistance level of $1.65 and support forming just above $1.59. A breakout above the $1.70 zone is needed to regain bullish momentum, while failure to maintain current levels could lead to a decline towards $1.55 or lower [4] - The fundamentals of TON, including rising on-chain revenue and wallet adoption, are currently facing short-term market pressures and uncertainties regarding the overall direction of the crypto market [4]
Why The Crypto.com-Sirius Partnership Could Signal New Investment Opportunities In UAE Blockchain Stocks
Benzinga· 2025-12-11 15:43
The recent strategic partnership between Crypto.com and Sirius International Holding represents more than just another blockchain announcement. For investors tracking the Middle East digital asset market, this collaboration offers insight into emerging investment themes that could reshape regional technology portfolios over the next several years.The United Arab Emirates has positioned itself as a competitive alternative to traditional crypto hubs, and institutional capital is starting to follow. When major ...
X @Chainlink
Chainlink· 2025-12-11 15:02
Partnerships - Coinbase has selected Chainlink CCIP as its exclusive interoperability provider for all Coinbase Wrapped Assets [1] Technology & Infrastructure - Chainlink CCIP enables secure, reliable, and compliant movement for billions of dollars in cbAssets across Web3 [1]
X @Polkadot
Polkadot· 2025-12-11 14:38
RT Mubert (@mubertapp)Mubert’s new DApp launches in 7 days, supported by @Polkadot> Generative music.> Identity layers.> On-chain rewards.> All supported as part of the next evolution of Web3 creative tooling.Early users get the biggest advantage.The waitlist is live, and the window is small.Join the Waitlist → https://t.co/ubmJIN5bFW ...
X @Kraken
Kraken· 2025-12-11 14:30
Coming soon on Kraken 👀$RAVE powers @RaveDAO turning global rave culture and festivals into on chain communities that also fund real world impactTrading starts December 12 at 14:00 UTCGet ready to turn up Web3 👇https://t.co/1ad3asZI8r https://t.co/mIyK33Iq2B ...
X @BNB Chain
BNB Chain· 2025-12-11 12:01
BNB Chain Vision - BNB Chain aims for a simple user experience with transparent on-chain activity [1] Technological Advancements - Industry is working towards sub-second finality [2] - Targeting 20,000 TPS (transactions per second) for advanced DeFi [2] - Rolling out plug-and-play developer libraries to facilitate development [2] - Improving UX to match Web2 simplicity with Web3 transparency [2]
X @Wu Blockchain
Wu Blockchain· 2025-12-11 11:44
Arthur Hayes: Except for Ethereum and Solana, almost all other L1s will go to zeroOn November 29, on Altcoin Daily, Arthur Hayes said that, aside from Ethereum and Solana, almost all other L1s will go to zero. As major banks move into crypto and Web3, he expects them to build on Ethereum, which he sees as essential infrastructure and the main driver of ETH's next major rally.On Solana, he praised its meme-coin-driven strength and its position as the No.2 L1, but argued it still needs a new growth narrative ...
小米和Sei跨界合作:新手机预装区块链钱包,用户一键直达加密货币?
Xin Lang Cai Jing· 2025-12-11 10:21
Core Insights - The collaboration between Sei Network and Xiaomi marks a significant step in integrating cryptocurrency into mainstream consumer technology, with plans to pre-install a Sei-driven Web3 application on Xiaomi smartphones starting in 2026 [1][9]. Group 1: Strategic Collaboration - The partnership encompasses Xiaomi's major smartphone brands, including Mi, Redmi, and POCO, targeting markets in Europe, Latin America, Southeast Asia, and Africa, where Xiaomi has a substantial market share [2][11]. - This collaboration represents a "hardware-level distribution strategy," bypassing traditional app download barriers and transforming cryptocurrency from an optional feature to a pre-installed function [2][11]. Group 2: User Experience and Application Design - The pre-installed application utilizes advanced MPC (Multi-Party Computation) wallet technology, allowing users to log in with familiar accounts like Google or Xiaomi, eliminating the need for complex seed phrases [4][13]. - The application serves as a Web3 exploration portal, featuring a discovery center for decentralized applications (dApps) across various sectors, including DeFi, GameFi, social, and NFTs [4][13]. Group 3: Future Vision and Market Impact - The ultimate goal of the collaboration is to enable real-world commercial payments through a stablecoin payment system, set to launch in the second quarter of 2026 in markets with clear regulatory frameworks [5][14]. - This integration aims to allow users to purchase Xiaomi products using Sei's native stablecoins in over 20,000 retail stores globally, enhancing the practical utility of cryptocurrency in everyday transactions [5][14]. Group 4: Market Reaction and Token Dynamics - Following the announcement, the price of SEI tokens surged, testing key resistance levels, indicating a structural bullish signal for the token [7][16]. - Trading volume for SEI increased by over 260% within 24 hours of the news, reflecting strong market enthusiasm and expectations for future price movements [7][16]. Group 5: Developer Support and Ecosystem Growth - Sei Labs launched a $5 million Global Mobile Innovation Program to fund and incentivize developers to create native blockchain applications for Xiaomi's mobile ecosystem [8][17]. - The collaboration is viewed as a pivotal moment in the mainstream adoption of Web3, aiming to integrate cryptocurrency seamlessly into daily life [8][17].
X @LBank.com
LBank.com· 2025-12-11 09:59
🚀 Cysic Network ($CYS) lands on BoostHub! @cysic_xyzGet in early , 200,000 $CYS in reward pool up for grabs!📌 Registration: OPEN NOW📅 Token distribution: Dec 18, 21:00 SGT👉 Join now: https://t.co/48uHlxY5fGPick your lane:🔹 Smart Pool — up to 200 $CYS per user🔹 Futures Pool — up to 400 $CYS per user✅ Min requirement: 1,000 USDT net asset valueCysic bridges cloud computing with on-chain verification — turning compute power into yield-generating Web3 assets.#LBank #BoostHub #CYS #ZKProof #Web3 ...
X @MetaMask.eth 🦊
MetaMask.eth 🦊· 2025-12-11 01:37
RT Bridgers (@Bridgersxyz)🔥 Bridgers x MetaMask 🚀In case you missed it -@MetaMask Wallet, both the browser extension and mobile app, now integrates Bridgers API. This collaboration brings powerful cross-chain routing and high-speed swaps directly into one of Web3’s most trusted wallets. 🌉Users can now enjoy Bridgers’ faster routes, smoother swaps, and more reliable cross-chain transactions, all without leaving MetaMask. ⚡We’re excited for what comes next. Together, we’re shaping a future where Web3 feels se ...