MEXC NEWS

MEXC NEWS

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Kyrgyzstan's KGST Stablecoin Lists on Binance as World's First Som-Backed Digital Asset

Kyrgyzstan's KGST Stablecoin Lists on Binance as World's First Som-Backed Digital Asset

Kyrgyzstan's KGST stablecoin has officially listed on Binance, the world's largest cryptocurrency exchange by trading volume, marking a significant milestone as the first digital asset backed 1:1 by the Kyrgyz som and representing a major step toward mainstream adoption of Central Asian fiat-backed cryptocurrencies as the token enables seamless conversion between traditional Kyrgyz currency and blockchain-based digital assets while providing Binance's global user base with direct exposure to som-denominated value storage and transfer capabilities previously unavailable through major cryptocurrency platforms.

Dormant Ethereum ICO Wallet Awakens After 10 Years, Turns $620 Into $5.85M

Dormant Ethereum ICO Wallet Awakens After 10 Years, Turns $620 Into $5.85M

Data shared by Lookonchain shows the wallet originally acquired the ETH during Ethereum’s 2014 initial coin offering (ICO) for around $620. At current prices, that position has grown into a 9,435x return, making it one of the most striking long-term gains in crypto history.

World Liberty Financial’s USD Stablecoin Jumps $150M in Market Cap After Binance Incentive Launch

World Liberty Financial’s USD Stablecoin Jumps $150M in Market Cap After Binance Incentive Launch

The market cap increase came shortly after Binance revealed an incentive program offering up to 20% annual percentage rate (APR) on USD1 flexible products. The promotion applies to users depositing more than $50,000 worth of the stablecoin, making it one of the most aggressive yield offerings currently available for a USD-pegged digital asset on a major exchange.

Trend Research Founder Jack Yi Plans Another $1B ETH Purchase, Warns Against Shorting

Trend Research Founder Jack Yi Plans Another $1B ETH Purchase, Warns Against Shorting

According to Jack Yi, Trend Research is actively lining up capital for a fresh $1 billion ETH purchase, reinforcing the firm’s conviction in Ethereum’s medium- to long-term outlook. While a specific execution timeline was not disclosed, the statement suggests ongoing or imminent accumulation rather than a distant strategic plan.

“Inflation Is Worse Than You Think, and Bitcoin Is Better Than You Know”

“Inflation Is Worse Than You Think, and Bitcoin Is Better Than You Know”

Official inflation figures often understate the real cost increases households and businesses face. Housing, healthcare, education, insurance, and food prices have risen faster than headline CPI in many economies. Meanwhile, long-term currency debasement—driven by expanding fiscal deficits and accommodative monetary policy—continues to erode purchasing power quietly but consistently.

Solana Treasury Firm Upexi Plans Up to $1B Raise to Expand SOL Holdings

Solana Treasury Firm Upexi Plans Up to $1B Raise to Expand SOL Holdings

Upexi, a publicly traded treasury company with a growing focus on Solana (SOL), has disclosed plans to raise up to $1 billion to significantly expand its SOL treasury, according to recent regulatory filings.

Bitcoin Price on Christmas Day: A Decade of Holiday Market History

Bitcoin Price on Christmas Day: A Decade of Holiday Market History

Bitcoin’s price on Christmas Day has varied dramatically over the past decade, reflecting the asset’s extreme volatility, cyclical market behavior, and long-term growth trend. From under $500 in 2015 to nearly $100,000 in 2024, Christmas Day prices offer a unique snapshot of Bitcoin’s evolution.

Analyst Claims $130 Million in XRP Was Mishandled as New Details Emerge

Analyst Claims $130 Million in XRP Was Mishandled as New Details Emerge

Neither Ripple nor major XRPL infrastructure providers have, at the time of writing, publicly confirmed involvement in the incident. Analysts note that XRP is widely held across exchanges, custodians, institutions, and private wallets, making attribution a critical but complex step. For background on Ripple and XRP-related developments:

SOL and XRP Spot ETFs Record Inflows as BTC and ETH See Outflows on Dec. 24

SOL and XRP Spot ETFs Record Inflows as BTC and ETH See Outflows on Dec. 24

Spot exchange-traded funds (ETFs) tied to Solana (SOL) and XRP recorded net inflows on December 24, while Bitcoin (BTC) and Ethereum (ETH) spot ETFs experienced notable net outflows, highlighting diverging investor sentiment across major digital assets.

VanEck: Recent Bitcoin Miner Capitulation Signals a Bullish Bottom

VanEck: Recent Bitcoin Miner Capitulation Signals a Bullish Bottom

Bitcoin miner capitulation may be flashing a bullish signal for the broader BTC market, according to a recent analysis by global asset manager VanEck. The firm points to a sharp decline in network hashrate over the past month—historically a condition that has often aligned with Bitcoin market bottoms rather than tops.