1. 🔬Opportunities to watch
Magic Eden: ME airdrop claiming is planned to open on December 10 at 22:00.
Movement open airdrop claiming.
The Jupiter community has proposed a new round of Jupuary airdrops, planning to distribute $700 million JUP tokens over the next two years.
2. ❇️DeFi
a. New projects in the past day
Anemoy Capital --- RWA (Multi-Chain, 38.15 million)
Hyperfluid --- Dexes (Aptos, 0 million)
RlyFun --- Launchpad (Radix, 100,000)
STONEBTC --- Yield Aggregator (Ethereum, 19.38 million)
b. Project list
c. Related projects
The global stablecoin payment network WSPN has partnered with the Bitcoin scaling solution Fractal.
FLOKI announces the launch of a debit card.
The dYdX community has decided to stop supporting wethDYDX bridging contract functionality by June 2025.
MAP Protocol has launched the MAPO buyback and burn proposal, with some profits used for repurchasing MAPO tokens.
Base chain PUMP launch platform BUMP is officially online.
Suilend: SEND token is scheduled to be issued on December 12 at 13:00.
3. 🌏Macro
Since Trump's election victory, nearly $10 billion has flowed into U.S. Bitcoin spot ETFs.
The South Korean KOSDAQ index has expanded its decline to 4%, hitting a new low since April 2020.
The South Korean KOSPI index has expanded its decline to 2%, reaching a new low since November 2023.
Last week, BlackRock's IBIT saw a net inflow of $2.63 billion, while Fidelity's FBTC had a net inflow of $262 million.
Last week, BlackRock's ETHA had a net inflow of $573 million, and Fidelity's FETH saw a net inflow of $296 million.
BTC futures are expected to trade at a premium of 13.5% by the end of September next year, with prices exceeding $110,000.
The market capitalization of stablecoins has returned above $200 billion.
4. 🐳Whale movements
On Deribit, large BTC options were bought for a $101,000 call option expiring on December 20 and sold for a $106,000 call option.
Grayscale has transferred approximately 1400 BTC to Coinbase Prime and other addresses.
Grayscale has transferred 7307 ETH to Coinbase Prime's hot wallet.
A whale created a new wallet an hour ago and withdrew 1850 BTC from Binance.
A whale purchased 1800 ETH three hours ago, valued at $7 million.
200 million USDT has been transferred from Tether Treasury to Bitfinex.
A whale transferred the last batch of 11638.9 ETH into Kraken seven hours ago, realizing a profit of $146 million on ETH over the past two years.
The whale's trading strategy has an 84.2% success rate. Two hours ago, it initiated the 20th ETH trading wave, having purchased a total of 4005 ETH.
MicroStrategy has increased its holdings of Bitcoin by approximately $2.1 billion, acquiring 21,550 BTC.
A whale has withdrawn a total of 2 million EIGEN from Binance, equivalent to approximately $9.06 million.
Genius Group has increased its Bitcoin holdings by $2.2 million, now holding a total of 191 BTC.
The government of Bhutan has transferred 406.074 BTC to QCP Capital, approximately worth $40 million.
6. 📃Industry
a. NFT & GameFi & SocialFi & DID & DAO & Content creation
In November, NFT sales grew nearly 63%, with Bitcoin NFT sales reaching $188 million.
Pudgy Penguin #4373 was sold for 50 ETH, valued at nearly $200,000.
Pudgy Penguins posted 'The Calm Before the Storm,' possibly hinting at an upcoming token launch.
b. Exchange/wallet
Binance has launched a new wallet to enhance the Web3 experience.
Bitget is evaluating whether to enter the U.S. market.
Bitget has launched BGBTC, offering double BGPoints rewards during the Pre-Launch phase.
OKX Web3 wallet will support the Movement token airdrop collection at 8 PM tonight.
Binance will list Movement (MOVE) at 8:00 PM and support airdrops and trading.
c. Public chain/L2
Circle plans to launch an upgraded cross-chain transfer protocol CCTP V2 on the Ethereum mainnet, Base, and Avalanche in early 2025.
Movement Foundation: Tokens need to be claimed on Ethereum at this stage.
Latest Ethereum ACDE meeting: Pectra Devnet 5 specification involves EIPs 7742, 7691, 7742.
Merlin Chain has formed a strategic partnership with Telegram's innovative rewards platform Timon.
Zilliqa: The network has resumed operation.
Core Foundation has partnered with BitGo, which will support user participation in Core dual staking.
ai16z ElizaOS will add programmable IP supported by Story.
TON plans to conduct a validator software update on December 17.
Flashbots plans to stop operating a centralized block builder on Ethereum.
Polyhedra has released its latest roadmap, building blockchain infrastructure for AI.
d. Investment and financing
Riot Platforms plans to issue convertible preferred notes to raise $500 million for purchasing BTC.
Web3 social protocol Candao has received a $25 million token investment commitment from Rollman Management Digital.
Bitcoin lending platform Lava has completed a $10 million Series A financing round, with participation from Khosla Ventures and others.
e. Regulation
The South Korean virtual asset tax delay bill has faced obstacles and may be implemented as scheduled next year.
Bitcoin Magazine CEO: At least four countries have newly approved the establishment of strategic Bitcoin reserves.
Iran is shifting towards regulating the crypto industry rather than imposing restrictions to cope with economic sanctions.
The former CEO of the Russian crypto exchange WEX has been arrested in Poland and will be extradited to the U.S.
The Czech Republic has implemented financial reforms allowing crypto companies and investors to open bank accounts.
Trump nominates candidates for presidential advisor and several other positions.
BTIG executives: Despite personnel changes at the U.S. SEC, there remains a potential 'jurisdictional dispute' in the future.
Trump announces the appointment of William Joseph McGinley as a committee advisor for the Department of Government Efficiency.
Argentina's securities regulator allows certain foreign investment products related to crypto ETFs to enter the domestic market.
f. Safety
Radiant Capital attack update: North Korean hackers impersonated a former contractor to send malware, linking the October attack to North Korean hacker groups.
Cardano Foundation: Aware that the X account has been accessed without authorization and is working to recover it.
Scam Sniffer: Most Solana wallet attackers use third-party domains to bypass wallet blacklists; please be cautious of the risks.
Funds stolen from DEXX are currently being transferred to Tornado Cash, with approximately 1000 ETH deposited so far.
g. Others
Standard Chartered and other financial institutions plan to settle on the GFO-X crypto derivatives trading platform.
Bitcoin miner HIVE Digital produced 103 BTC in November, with holdings valued at over $261 million.
Paxos released the November PYUSD transparency report: total circulating tokens are approximately $540 million.
El Salvador plans to relax Bitcoin acceptance requirements to unlock a $3 billion loan.
In 36 hours, Microsoft, holding $78.4 billion, will decide whether to invest in BTC.
Dubai SEE Institute collaborates with Cardano Foundation to promote blockchain-driven sustainable development programs.
The Indian listed company Jetking Infotrain adopts a Bitcoin financial strategy.
Gemini joins Coinbase in refusing to cooperate with law firms hiring former SEC officials targeting the crypto industry.
El Salvador may scale back its Bitcoin plans to reach a $1.3 billion IMF agreement.
Continue to surge or develop cautiously? Key things to know about the cryptocurrency industry after the 2024 elections.
7. 🔧Tools
8. 💡Opinions
Some U.S. states and the (2024 Bitcoin bill) are pushing to establish strategic Bitcoin reserves, with funding sources being a key challenge.
Mechanism Capital partner: ARB has seen a significant rebound but is still undervalued.
Magic Eden CEO: Co-founders will lock up ME for 18 months.
Memecoin and AI Agent tokens: similarities and differences.
What are the differentiated advantages in the development paths of Aptos and Sui?
What advancements have Flashbots and the TEE/acc ecosystem made in the past few months?
LongHash: Virtuals Protocol research report — The growing decacorn.
Hash Global founder: How to build Web3 business applications?
SignalPlus macro analysis special edition: December Goldilocks.
Another 'attention game', a brief discussion on the similarities and differences between Meme and AI Agent.
Analysis: The 25 delta skew indicator remains stable, with Bitcoin expected to rise further next month.
Analysis: MicroStrategy's fundraising efforts are receiving attention, and there may be risks associated with leveraging BTC's value.
Analysis: Invesco's BTCO investment performance outperforms BlackRock's IBIT in Bitcoin ETFs.
