12.18 Morning Report:
This penguin opened directly with a maximum market cap of over 10 billion, which is impressive. The capital hunger on Solana is evident, and it is expected that everyone will launch their projects on #Solana first;
The speed of listing coins is so fast that it sucks the market dry, and altcoins are in constant decline!
1. $BTC continues to reach new highs, taking down 108000;
The scale of Bitcoin ETFs has first surpassed that of gold ETFs, with AUM reaching 129 billion USD;
The net inflow of Bitcoin ETFs in the United States is 4790 BTC;
2. $ETH is waiting for a new high, which seems quite difficult as the exchange rate fluctuates in a range;
The net inflow of Ethereum ETFs is 12347 ETH;
Analysts: Ethereum ETF staking yields may drive institutional adoption under relaxed regulations;
The altcoin season is truly becoming an altcoin funeral;
3. $SOL can only say that the capital is really large. Although it has been drained by @HyperliquidX, it is still the place with the most hot money;
4. $BNB performed moderately, as several projects directly faced a guillotine on @bnbchain yesterday, which is confusing as to what they really want to play;
Today, the market value of PENGU listed on Binance continues to show errors after its launch, corrected after the public submitted modifications;
5. Wormhole collaborates with Nuffle Labs to extend EigenLayer's re-staking functionality beyond the Ethereum ecosystem;
6. $PENGU's on-chain trading volume exceeded 1 billion USD, surpassing the total trading volume of CEX;
The entire chain has seen a 'prosperity' due to @pudgypenguins, making LPs win big at the opening;
7. Coinbase responds to the lawsuit filed against BiT Global for delisting wBTC;
8. Bloomberg analysts predict a wave of cryptocurrency ETFs in 2024, with expectations for crypto ETFs next year: BTC/ETH combo leading, LTC and HBAR may be the first to be approved;
Predicting that after @realDonaldTrump takes office, a large volume of ETFs will be ready;
9. Bitcoin L2 project @Stacks announces the launch of sBTC;
Travel booking portal @travalacom announces support for sBTC and STX;
10. Big Time Studios announces the establishment of a 150 million USD Open Loot fund to promote the development of Web3 games on the platform;
Positive news for $BIGTIME $OL;
11. Bitcoin ETFs, miners, and corporate holdings exceed 20% of the existing total Bitcoin supply;
12. The TON Foundation collaborates with EVAA protocol to launch a DeFi incentive program with a scale of 100,000 TON;
13. If XRP breaks 3 USD, a short position worth 272.3 million USD in XRP will face liquidation;