USDC Treasury has issued an additional 50 million USDC.
According to Whale Alert monitoring, USDC Treasury issued another 50 million USDC on the Ethereum network 2 minutes ago.
BlackRock doubles down on its investment in IBIT through its Global Allocation Fund.
Documents submitted by BlackRock to the U.S. Securities and Exchange Commission (SEC) show that as of October 31, its Global Allocation Fund held 430,770 shares of the Bitcoin Spot ETF IBIT, with a total value exceeding $17 million. This figure represents a 117% increase compared to the 198,874 shares reported on July 31, as pointed out by a user named MacroScope on X. Moreover, the current reported shares of IBIT are over ten times higher than the 43,000 shares registered in the first quarter.
The Global Allocation Fund is a diversified investment product by BlackRock, covering stocks, bonds, and short-term securities in the U.S. and foreign markets, with its portfolio adjusted regularly. Although BlackRock has doubled its investment in its Bitcoin products, IBIT shares account for only 0.1% of the total size of the $16.5 billion Global Allocation Fund.
The price of Ethereum dropped to $3,300, but data shows that ETH longs still have control.
Mars Finance reports that the price of Ethereum fell to $3,337 on December 26, erasing gains from the previous two days. This drop occurred after Bitcoin fell by 4%, leading to $34 million in leveraged ETH long (buyer) liquidations. As signs of weakness appear in the U.S. job market, investors have become more risk-averse. Despite failing to hold above $3,500 in the past week, the Ethereum derivatives market remains neutral to bullish, indicating that $4,000 is still within reach. Notably, stablecoins in China are pegged to the official dollar exchange rate, indicating no significant cryptocurrency outflows in the region.
Strive Asset Management has applied to the U.S. SEC for a Bitcoin Bond ETF.
Vivek Ramaswamy's Strive Asset Management has applied to the U.S. Securities and Exchange Commission (SEC) for a Bitcoin Bond ETF.
Bitwise has submitted an application for a Bitcoin Standard Company ETF to the U.S. SEC.
Bitwise has submitted an application for a Bitcoin Standard Company ETF to the U.S. Securities and Exchange Commission (SEC). The fund aims to provide risk exposure to companies that adopt the #Bitcoin standard and have at least $1,000 in BTC on their balance sheets.
Cryptocurrency scams lead to annual financial fraud losses of €500 million in France.
The French Financial Markets Authority (AMF) reported that cryptocurrency-related scams are the main cause of approximately €500 million in losses for victims each year. French authorities are working with the Paris prosecutor's office, the Audit and Resolution Regulatory Authority (ACPR), and the General Directorate for Fraud Prevention, Consumer Protection, and Market Regulation (DGCCRF) to intensify efforts to combat these frauds. Data shows that men under 35 are particularly susceptible. They are impatient and lack confidence in their investment knowledge. Fraudsters exploit social media platforms, promising unrealistic returns to take advantage of this demographic.
Wintermute: Companies following MicroStrategy's example to add Bitcoin to their balance sheets may become a trend in 2025
An analyst from market-making company Wintermute stated that companies leveraging their equity to follow MicroStrategy's approach by adding Bitcoin to their balance sheets may become a major trend in 2025.
Wintermute OTC trader Jake Ostrovskis stated, 'I think that next year, enterprises and those publicly traded companies trying to gain exposure will become quite a driving force. You will likely see small and medium-sized enterprises joining in as well.'
Ostrovskis also predicted that some companies will follow MicroStrategy's strategy for ETH. He said, 'It may just be a matter of time until someone does the same thing, positioning themselves as an Ethereum investment tool, and at that point, you become the MicroStrategy of that realm.'
Base trading volume in Q4 maintains strong momentum, processing over 8 million transactions daily.
According to Mars Finance, The Block reports that Base's trading volume maintained strong momentum throughout the fourth quarter, processing over 8 million transactions per day. Since March, the network has seen steady growth, with daily transaction volumes increasing from about 500,000 to over 7.5 million in December. Additionally, the total value locked (TVL) in the Base network has grown to over $3.5 billion.
How to layout wealth for the future through AI Agents? This article gives you the answer.
(AGENT AI) is Fei-Fei Li's forward-looking work on AI agents, focusing on the current state of multimodal human-computer interaction (HCI), applications, and future development directions. AI agents, as an important pathway to general artificial intelligence (AGI), showcase broad application potential in fields such as healthcare, education, and smart homes, particularly holding significant investment opportunities in the innovative direction of hardware + software integration.
Christmas miracle: On-chain fundraising MIRA quickly reaches an $80 million market cap.
A 'Christmas miracle' unfolded in the crypto world: Runway CEO Siqi Chen raised funds for his daughter Mira, who has a rare brain tumor, and an anonymously issued Meme coin $MIRA quickly rose to an $80 million market cap, donating part of the funds for disease research. This event sparked a wave of crypto philanthropy, accompanied by speculation and controversy, showcasing a complex interplay of goodwill and humanity.
Conversation with Virtuals co-founder: Why choose Base? What will AI agents look like in five years?
This episode features an interview with Weekee Tiew, co-founder of Virtuals, discussing the intersection of AI, cryptocurrency, and mental health and its profound impacts. Weekee shared the development journey of Virtuals, the potential of AI agents, and their tokenized applications, introducing flagship product Luna and how it drives innovation by employing humans and other agents. He also discussed the prospects of AI in entertainment, mental health, and corporate management, as well as the balance between decentralization and performance in the crypto industry. Weekee emphasized that the key to the future lies in developing products that users truly need, predicting that AI agents will become an important part of society and the economy.
