Bitcoin has fallen below 97,000 USDT.
Mars Finance reports that the market shows Bitcoin has fallen below 97,000 USDT, currently quoted at 96,955.17 USDT, with a daily decline of 7.12%.
According to Coinglass data, the total liquidations across the network in the past 24 hours amounted to $1.053 billion, including $910 million in long liquidations and $143 million in short liquidations.
The US SEC approved the Hashdex Nasdaq Bitcoin and Ethereum Crypto Index ETF.
According to market news, the US Securities and Exchange Commission approved the Hashdex Nasdaq Bitcoin and Ethereum Crypto Index ETF.
Craig Wright was sentenced to 12 months in prison, with a two-year probation.
Australian scientist Craig Wright, who claims to be Satoshi Nakamoto, was found in contempt of court and sentenced to 12 months in prison, with a two-year probation. He reportedly appeared via video link and refused to disclose his exact location, but stated that he would appeal.
Previously, Wright initiated a £90 billion 'legal action' involving intellectual property. In March of this year, a UK judge ruled that Wright is not Satoshi Nakamoto. The Crypto Open Patent Alliance (COPA) first sued Wright in April, attempting to prevent Wright from claiming copyright over the Bitcoin white paper and database. During the trial, two key figures testified, including Adam Back, a pioneer of the Bitcoin proof-of-work consensus system.
The team behind the meme coin HAWK was sued by investors for allegedly violating securities laws.
A court document shows that the team behind the meme coin HAWK, associated with influencer Haliey Welch or 'Hawk Tuah Girl,' was sued by investors for allegedly violating securities laws.
The lawsuit claims that HAWK's actions resemble unregistered securities, attracting investors new to cryptocurrency, who subsequently suffered 'huge losses' after the token dropped. The 12 plaintiffs who invested in HAWK collectively suffered financial losses of $151,000 and filed for a jury trial. The complaint also claims that a wallet controlled by the Tuah Foundation collected $3 million from token trading fees.
German regulators ordered Worldcoin to delete biometric data collected from human eye scans.
The Bavarian Data Protection Authority ordered Worldcoin to delete biometric data collected through eye scans in its human verification project. Worldcoin stated that it has changed its processes, and the investigation results by the German regulators largely relate to outdated operations and technologies that were replaced in 2024.
The Bavarian Data Protection Authority has concluded its investigation that began in April 2023, stating in a statement on Wednesday that Worldcoin is obliged to provide a deletion procedure compliant with GDPR (General Data Protection Regulation) within one month after the decision takes effect, and to delete certain previously collected data records without sufficient legal basis.
OpenAI CEO Sam Altman stated that measures have been taken in recent months to alleviate regulatory concerns, including shifting Worldcoin to a system that no longer stores biometric data. To comply with GDPR requirements, the iris codes used to verify individual World IDs will no longer be stored, and previously collected iris codes will be voluntarily deleted to ensure no personal data used to operate World IDs is retained.
The Dubai tokenization platform Allo received $100 million in Bitcoin staking credit support.
The Dubai tokenization platform Allo announced a $100 million Bitcoin-backed credit line, financed by Greengage and a 'long-operating US institution.' The funds will be used to expand on-chain lending and physical asset tokenization services.
Chainalysis: North Korean hackers stole $1.3 billion worth of cryptocurrency in 2024.
In a report released on December 19, Chainalysis stated that North Korean hackers stole more than $1.3 billion worth of cryptocurrency in 47 incidents that occurred in 2024, accounting for approximately 61% of all reported theft amounts that year.
Chainalysis stated: 'North Korea's crypto attacks seem to be becoming increasingly frequent,' adding: 'Notably, the frequency of attacks worth between $50 million to $100 million and over $100 million occurring in 2024 is significantly higher than in 2023, indicating that North Korea is getting better and faster at large-scale attacks. This contrasts sharply with the previous two years, during which North Korea's attacks were more frequent, but the profits from each attack were below $50 million.'
The Trump family's crypto project WLFI purchased 722.2 ETH an hour ago at an average price of $3,461.
According to Arkham monitoring, an hour ago, the Trump family's crypto project WLFI spent 2.5 million USDC to purchase 722.2 ETH, with an average transaction price of $3,461.
The Eigen Foundation granted 1 million EIGEN tokens to AltLayer.
According to an official announcement, the Eigen Foundation granted 1 million EIGEN tokens to AltLayer, which stated that the tokens will be directly used to benefit the community. The first batch of 500,000 EIGEN tokens will start being distributed to reALT holders and stakers this week. The remaining 500,000 EIGEN tokens will be distributed when the V2 reward mechanism of Eigen Layer goes live on its mainnet in 2025.
The US Dollar Index rose 0.36% on the 19th.
The US Dollar Index, which measures the dollar against six major currencies, rose 0.36% on the 19th, closing at 108.409 in the forex market. As of the New York forex market close, 1 Euro exchanged for 1.0362 USD, lower than the previous trading day's 1.0376 USD; 1 Pound exchanged for 1.2505 USD, lower than the previous trading day's 1.2593 USD. 1 USD exchanged for 157.43 Japanese Yen, higher than the previous trading day's 154.66 Yen; 1 USD exchanged for 0.8983 Swiss Francs, lower than the previous trading day's 0.9003 Francs; 1 USD exchanged for 1.4388 Canadian Dollars, lower than the previous trading day's 1.4417 Dollars; 1 USD exchanged for 11.0322 Swedish Krona, lower than the previous trading day's 11.1102 Krona.
Ouroboros DeFi: Why is Usual Money undervalued?
Ouroboros DeFi Yield Fund focuses on early-stage investments and pricing misalignment opportunities by identifying high-quality projects and providing liquidity. Usual Money was selected for its innovative token economics, strong team, and real revenue, with the fund capturing undervalued opportunities through leverage strategies. Binance's listing validated its potential, proving that quality projects can achieve premium valuations and deliver excess returns.
Arthur Hayes New Article Focus | The Truth of Global Monetary Policy, Where is Bitcoin Going Next?
This article analyzes the impact of Trump's potential re-election on the global economic landscape from a global macroeconomic perspective, focusing on the responses of the US, EU, China, and Japan. The author believes that Trump's policies will reshape the global monetary system through dollar depreciation, financial repression, and re-industrialization, triggering monetary easing and capital flow changes in various countries. The article predicts that cryptocurrencies like Bitcoin will benefit from this process, but the market's expectations for Trump's rapid changes may be overly optimistic, leading to volatility in the short term. Ultimately, the global economy will face long-term trends of currency depreciation and financial repression.
2024 New Landscape of Crypto Financing: The Rise of Infrastructure, DeFi, and Emerging AI Fields.
In the past two years, the author has focused on venture capital and startup financing, and began building a relevant database in 2023. Data from 2024 shows that infrastructure and decentralized finance (DeFi) are still popular areas, while decentralized physical infrastructure (DePIN) and AI-related projects have seen significant growth. Market sentiment, financing difficulties, and declining token valuations are affecting the development of startups, with many projects postponing token generation events (TGE). Overall, venture capital deployment is slowly recovering, and market dynamics are complex and ever-changing, requiring continuous attention to trends and changes.
