Regulatory/Macro
Bitwise applies to SEC for "Bitcoin Standard Corporate ETF"

According to Cointelegraph, Bitwise has applied to the U.S. Securities and Exchange Commission (SEC) for a Bitcoin Standard Corporations ETF. The fund is designed to invest in shares of companies that adopt the Bitcoin standard and have at least 1,000 BTC in the company's funds.

Blackrock doubled down on IBIT through its Global allocation fund

According to Cryptoslate, BlackRock's filing with the U.S. Securities and Exchange Commission (SEC) shows that as of October 31, the number of shares held by its global allocation fund in the Bitcoin spot ETF IBIT has reached 430,770 shares, with a total value of more than $17 million. That's a 117 percent increase from the 198,874 shares reported on July 31, a significant increase noted by an X user named MacroScope. In addition, the current number of reported IBIT shares is more than 10 times higher compared to the 43,000 shares registered in the first quarter. The Global Allocation Fund is a diversified investment product of BlackRock that covers short-term securities such as stocks, bonds, and money market securities in the U.S. and foreign markets, and its portfolio is periodically adjusted. While BlackRock has doubled down on its bitcoin offerings, IBIT shares represent just 0.1% of the total $16.5 billion global allocation fund.

Strive, the Trump-linked asset management firm, applies for a 'bitcoin bond' ETF

According to a December 26 filing, Strive, an asset management company founded by Vivek Ramaswamy, has applied to US regulators to list an ETF that would invest in Bitcoin convertible bonds issued by MicroStrategy and others, Cointelegraph reported. These bonds, known as "Bitcoin bonds," are convertible securities issued by MicroStrategy or other companies that plan to use the proceeds primarily to buy bitcoin. The Strive Bitcoin Bond ETF will be actively managed, with access to these "bitcoin bonds" either directly or through financial derivatives, such as swaps and options. Although Strive has not specified the management fees that investors will have to pay, actively managed funds typically have higher fees than passive index funds. Vivek Ramaswamy, an outspoken supporter of US President-elect Donald Trump, set up Strive Asset Management in 2022. In November, Trump announced that Ramaswamy, along with Tesla founder Elon Musk, would lead the Department of Government Efficiency, or DOGE, a private initiative aimed at cutting wasteful government spending. This follows news in November that Strive has set up a wealth management unit to include bitcoin in its standard portfolio.

Project dynamics
Binance Alpha adds arc, WHY, APU, HAPPY, and FWOG

Binance Alpha has announced its eighth batch of project tokens, including arc, WHY, APU, HAPPY, and FWOG.

Binance will support Optimism (OP) network upgrades and hard forks

According to the official announcement, Binance is expected to suspend the token recharge and withdrawal business of the Optimism (OP) network at 01:00 on January 10, 2025 (Eighth District time) to support its network upgrade and hard fork. The project party will carry out network upgrade and hard fork at 02:00 (Eastern 8 District time) on January 10, 2025.

Xterio will be TGE on January 8, 2025

Game infrastructure and AI game studio Xterio has officially announced that its Token Generation Event is scheduled to launch on January 8, 2025. Officials say it will usher in a new era of convergence between AI, gaming and community.

Jupiter will air drop 700 million JPS next month, with about 2.3 million eligible wallets

Jupiter, the Solana eco-decentralized exchange, announced that it will conduct a JUPuary airdrop next month, totaling 700 million JUP tokens worth more than $590 million. The total amount of JUP allocated to users is 425 million, of which 75 million JUP are reserved for pledgers; The number of eligible wallets is about 2.3 million: including 2 million Swap trading users, and 320,000 professional traders; Each pledge of 1 JUP is rewarded with 0.1 JUP. Jupiter stressed that the allocation plan is a draft and is subject to adjustments.

Siqi Chen gradually sold the donated Mira coins to help donate Ccancer LABS, and Mira's market value fell to $14 million

According to The Block, Siqi Chen, CEO and CFO of startup finance platform Runway, posted a message yesterday asking for donations to support the Ccancer Lab at the University of Colorado. The lab is the only facility in North America to study craniopharyngioma in children, which afflicts Siqi Chen's young daughter Mira. Thanks to reposts from several prominent X users, including X Platform CEO Linda Yaccarino, Siqi Chen's GoFundMe campaign has topped $230,000 as of this writing. In an unexpected twist, a Pump.Fun user created a Meme coin called Mira, which was valued at $80 million at one point. Fortunately, X user Waddles quickly bought and gifted Siqi Chen a 50% share of the coin after its launch, making his position worth millions of dollars instantly. However, when Siqi Chen announced plans to gradually sell off the Mira coins and donate all the proceeds to the lab, the value of the coin began to fall, at one point falling to $14 million. On the X platform, Siqi Chen revealed his selling plan: "Starting at around 3am UTC on December 27, I will sell $1,000 worth of Mira coins every 10 minutes without a break. I will give 24 hours notice if my plans change." He acknowledged that some traders may have profited from the event without having any intention of donating, but overall, he believes the event has had a positive impact. "Our original goal was to raise $200,000, but ultimately we will raise at least $1 million for rare disease research," he revealed. This is undoubtedly a victory for the world." As of this writing, the Mira coin market cap has fallen to around $19 million. Meanwhile, a "kitkat" Meme coin named after Mira's dog, which briefly reached $3 million, has fallen to about $150,000. "Every penny we will receive from kitkat/Meme coins, including LP fees, after tax, will go directly to rare disease research," said Siqi Chen.

1.69 trillion Bonks, worth more than $50 million, have been destroyed

According to SolanaFloor, the Solana ecomeme coin BONK has destroyed 1.69 trillion Bonks (worth about $52.28 million) from its total supply after the proposal was approved by the Bonk DAO.

Binance: BNSOL Super Pledge to launch Phase 3 Project MANTRA (OM)

According to Binance's announcement, BNSOL Super Pledge will launch the third phase of the project MANTRA (OM) from 8:00 on January 1, 2025 to 7:59 on February 1, 2025 (Beijing time). Users who hold BNSOL or pledge SOL to BNSOL during this period receive an OM APR Boost airdrop bonus. The OM APR Boost Airdrop Bonus will be available at around 13:30 (Eastern 8 District Time) every day from January 02, 2025. MANTRA is a Layer 1 blockchain focused on tokenizing real world assets.

viewpoint
Matrixport: There are several potential risk factors for a Bitcoin bull market in 2025
Matrixport pointed out in its latest weekly report that the Bitcoin bull market in 2025 May face a number of potential risk factors. Among them, BlackRock has said that the decentralized nature of the Bitcoin protocol may not be able to fully guarantee the 21 million supply cap, triggering market discussion. In addition, Google announced the launch of a 105-qubit "Willow" quantum chip, once again raising concerns about the potential threat to Bitcoin security from quantum computing, although the technology is still in its early stages. The report also mentioned that the Federal Reserve recently raised its inflation forecast, partly because of concerns about Trump's possible tariffs, but its practical impact may be limited. Inflation is likely to be less of a problem next year, Matrixport said, giving the Fed room to maintain a dovish stance. Moreover, historical data shows that bitcoin bull markets tend to peak at times of peak regulatory pressure. As regulatory issues such as the approval of a Bitcoin spot ETF in the United States are gradually resolved, the risk of the end of this bull market may be driven by other factors. The report warns that the Federal Reserve may adopt a more hawkish monetary policy after Trump's election, which will bring new uncertainty to the bitcoin and crypto markets.

Greeks.Live: 150,000 BTC and 1.12 million ETH options are about to expire, and the next few months may usher in a bull market of plate rotation

Greeks.Live analyst Adam said that December 27 ushered in the last option delivery of the year, a total of 150,000 BTC options expired, Put Call Ratio of 0.69, the maximum pain point of $85,000, the nominal value of $14.17 billion; At the same time, 1.12 million ETH options expired, the Put Call Ratio was 0.41, the maximum pain point was $3,000, and the nominal value was $3.74 billion. The total notional value of this delivery is about 18 billion US dollars, due to Christmas superimposed annual delivery, the overall market heat is low, and the theme of this week is still mainly adjusted. In addition, the annual earnings of bitcoin in 2024 more than doubled, especially the strong market performance at the end of the year, and the market's expectations for 2025 are optimistic. The analysis pointed out that after Trump takes office in January next year, he will become the most crypto-friendly president, and Musk's influence will further promote the development of the crypto industry. The integration of mainstream finance and crypto, the U.S. government and corporate reserves of Bitcoin and other factors are expected to have a positive impact on the market, and the next few months may usher in a bull market of plate rotation. Earlier, the largest ETH block option on Deribit today bought a call option with a strike price of $4,000 on January 10 next year.

Pantera Capital: Stablecoin adjusted trading volume exceeds $5 trillion in 2024

According to Crowdfund Insider, Pantera Capital pointed out in a blog post that while cryptocurrencies often get attention for their volatility, tokens, and liquidity, stablecoins are the key force behind the quiet adoption of cryptocurrencies. From accounting for just 3% of blockchain transactions in 2020 to consistently accounting for more than 50% of transactions today, stablecoins have achieved significant growth. Pantera Capital emphasized that stablecoins are the killer value proposition for cryptocurrencies and are non-speculative in nature. In 2024, stablecoin trading volume exceeded $5 trillion on an adjusted basis, involving nearly 200 million accounts, making it its breakthrough moment. This time, stablecoins are not limited to the decentralized finance (DeFi) ecosystem, but are more widely used in other fields. Over the past few years, stablecoins have enabled seamless cross-border payments by providing access to US dollars, especially in emerging markets where demand for US dollars is high. Pantera Capital added that stablecoins offer a 10x value proposition for traditional payment channels and are suitable for B2C payments (such as remittances) and B2B cross-border transactions. According to Juniper Research, cross-border B2B payments will reach about $40 trillion through traditional payment channels by 2024. In the consumer payments market, global remittance revenues amount to tens of billions of dollars, and stablecoins are becoming a new means of global cross-border remittances via crypto channels. With the rapid adoption of B2C and B2B payments, the supply and trading volume of on-chain stablecoins is at an all-time high.

Important data
The address that got 1940 ETH in Ethereum IC0 woke up after 9.4 years of sleep

According to Lookonchain, an address that received 1940 ETH in Ethereum IC0 woke up after 9.4 years of sleep and transferred 0.01 ETH to a new wallet. The cost of participating in IC0 is $601, and the tokens are currently worth $6.56 million.

The U.S. spot Bitcoin ETF saw net inflows of $475 million yesterday, while the Ethereum ETF saw net inflows of $118 million

According to Trader T and Tree News, the US Bitcoin spot ETF saw net inflows of $475.15 million yesterday, while the Ethereum spot ETF saw net inflows of $117.7 million.

A whale 20 minutes ago from Binance offered 15,332 ETH, about 51.77 million US dollars

Panewsdecember 27 news, according to on-chain analyst Embers monitoring, a whale address proposed 15,332 ETH(about $51.77 million) from Binance 20 minutes ago. He then swapped 7,500 ETH for beraSTONE at StakeStone and combined it with 7,830 ETH for liquidity at UniswapV3.

A new address issued 125,990 SOLs worth $24.02 million from Binance nine hours ago

According to on-chain analyst @ai_9684xtpa, the new address Eh2TE... HyzEYq offered 125,990 SOLs from Binance nine hours ago, worth $24.02 million at a cost of $190.8. The wallet currently holds a total of 125,999 SOLs.

ETH/BTC currency bull James Fickel has once again changed 6,500 WETH to 225.6 WBTC

As monitored by on-chain analyst @ai_9684xtpa, staunch ETH/BTC bull James Fickel again changed 6,500 WETH into 225.6 WBTC six hours ago, worth $21.68 million, of which WBTC cost $95,791.6. At present, he is still pledging 85,038 stETH in Aave and lending 227 WBTC, with a total ETH position of $300 million. The current ETH/BTC exchange rate is 0.03505.