1. Ethereum News
According to the CryptoQuant report, Ethereum may soon break through $5,000 due to increased institutional demand, which will set its highest price in history. At the same time, on-chain activities are active. Last week, global investors injected $1.2 billion of new funds into the Ethereum Fund, setting a new record for spot prices.#ETH The fund's record comes after several months of trading in the United States.
2. Binance Data
CryptoQuant tracking data shows that Binance's open interest (OI) reached a record high, exceeding US$11.7 billion, and remained above the 50-day moving average, confirming the market's upward momentum and indicating high market interest and participation in cryptocurrencies.
3. Bitcoin Legislation
On December 13, according to CNBC, Texas Republican Representative Giovanni Capriglione announced the introduction of legislation to establish a Bitcoin strategic reserve, which will serve as a testing ground for the U.S. Treasury. The bill allows the state to create a strategic Bitcoin reserve, receive tax, fees, and donations in Bitcoin, and hold them for at least five years, aiming to strengthen national financial stability and become a leader in Bitcoin innovation.
4. Project Financing
The decentralized trading card game Fantasy, powered by Blast, announced the completion of a $4.25 million seed round financing. Dragonfly led the investment, with participation from Manifold Ventures, and the new funds will be used to improve the Fantasy product.
5. Macroeconomic Finance
According to CME's 'FedWatch':
- The probability that the Federal Reserve will keep the current interest rate unchanged until December is 5.3%, while the cumulative probability of a 25 basis point rate cut is 94.7%.
- The probability that the current interest rate will remain unchanged until January next year is 4.1%, while the cumulative probability of a 25 basis point rate cut is 73.7%, and the cumulative probability of a 50 basis point rate cut is 22.3%.
6. Solana Ecosystem Progress
On December 13, Solana's official account posted on X that the perpetual contract aggregation platform Ranger Finance has joined the Solana ecosystem. Perpetual contracts are key drivers of DeFi activity, and the DeFi derivatives market on Solana is approximately $500 million. Ranger Finance aims to achieve on-chain aggregation of perpetual contracts, emulating Jupiter's model of spot trading aggregation on Solana, competing with market leader Hyperliquid.
7. Tether Situation
1. According to Lookonchain monitoring, Tether minted 1 billion USDT on the Ethereum blockchain 7 hours ago.
2. Since November 6, Tether has minted 21 billion USDT on the Ethereum and Tron blockchains.
8. Grayscale and Other Fund Flows
1. According to Farside Investors data:
- Yesterday, Grayscale's GBTC had a net outflow of $48.4 million, while BTC had a net inflow of $110.8 million.
- Grayscale's ETHE had a net outflow of $22.8 million, while ETH had a net inflow of $73.2 million.
2. On December 13, according to Farside Investors data, Bitwise's BITB had a net inflow of $61.4 million yesterday.
9. Trump Family DeFi Project
According to Arkham tracking data, the Trump family DeFi project WLFI increased its holdings of DeFi tokens worth $50 million, detailed as follows:
- $35 million in ETH/WETH;
- $10 million in cbBTC;
- $1 million in #LINK ;
- $1 million in #AAVE etc.
10. Bitcoin Market
1. According to Lookonchain monitoring:
- On December 13, a certain whale accumulated 1,000 BTC (worth $101 million).
2. According to ai_9684xtpa monitoring:
- CZ 'shouted orders'#AVA and it surged 238%, with a market cap nearing $200 million.
- Smart money 0xe0d built a position of 150,000 AVA at an average price of $0.731 a week ago, transferred to Binance 20 minutes ago, with an unrealized profit of $124,000. If sold at the peak of $2.98, the return would reach 308%.
11. Amazon News
According to the Wall Street Journal, Bezos's Amazon (AMZN.O) plans to donate $1 million to Trump's inauguration.
12. Technology Sector Dynamics
On Thursday Eastern Time, tech giant Google released a new version of the Android XR operating system, providing various natural interaction methods for headset devices and smart glasses, enhancing user experiences in virtual reality (VR) and augmented reality (AR).
