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Metaplanet's stock price surged 51% after announcing plans to issue 4.5 billion yen in bonds to fund additional Bitcoin purchases.
New body will be chaired by the head of the domestic crypto exchange Coincheck
Cardano faces sell-off pressure as whales offload $200 million in ADA. Will it drop below $1, or can a resistance break revive bullish momentum?
During this airdrop frenzy, Pudgy Penguins not only successfully boosted the price of its NFTs but also further expanded its community and ecological influence. However, the benefits brought by the airdrop also stimulated a large amount of speculation, causing dissatisfaction within the community.
XRP whales snap up $2.17B in tokens as bullish momentum builds. Will XRP break to $3.50, or is a correction to $1.98 imminent?
Although bitcoin hitting $120k by year’s end is looking unlikely
Bloomberg analysts Eric Balchunas and James Seyffart are expecting a wave of new cryptocurrency-based ETFs next year after leadership takes over at the SEC.Both predict that a host of new ETFs could launch including a bitcoin and ether combo ETF, Litecoin and HBAR funds, and then eventually spot funds for Solana and XRP.
Quick Take Exodus Movement’s stock was listed on the New York Stock Exchange sister company, NYSE American, on Wednesday. EXOD stock is up over 37% as the trading day ends.
Quick Take “We’re not allowed to own bitcoin,” Federal Reserve Chair Jerome Powell said during a news conference on Wednesday. In Congress, Sen. Cynthia Lummis, R-Wyo., has a draft bill circulating that would direct the U.S. Treasury to buy one million bitcoin over a period of five years.
- 23:38Aave is considering integrating Chainlink SVR servicesAccording to a proposal in the Aave governance forum, Aave is considering integrating a new Chainlink oracle - Smart Value Recovery (SVR), aimed at redistributing profits from front-running transactions back to DeFi users. Chainlink's Smart Value Recovery (SVR) is an oracle service specifically designed to extract profits from Maximum Extractable Value (MEV) for the benefit of DeFi protocols. Aave estimates that SVR can capture about 40% of MEV profits, which can be redistributed to the Aave DAO, benefiting its users.
- 23:37Robinhood CEO: The company currently has no plans to hold Bitcoin for investment purposesAccording to reports, in an interview released on Monday, Vladimir Tenev, the CEO of stock and cryptocurrency trading platform Robinhood, stated that despite the increasing importance of cryptocurrencies to the company, Robinhood currently has no plans to hold Bitcoin for investment purposes. Tenev pointed out that due to Robinhood's growing interest in cryptocurrencies, the idea of holding Bitcoin is "mentioned from time to time". However, he added that apart from holding some cryptocurrencies to meet customer trading needs, Robinhood has no plans to hold Bitcoin as an investment. He said: "We have not ruled out this possibility but we haven't done so yet. After all, we are not engaged in investment management business." Tenev continued by saying that although Robinhood hasn't included Bitcoin into its balance sheet like companies such as MicroStrategy and Tesla have done so far; its stock price “is already highly correlated with bitcoin even though we don’t hold it financially”; if Robinhood were to hold Bitcoin for investment purposes it could potentially “complicate” investors' perception of the company making them possibly view it as a “Bitcoin-like holder company”.
- 23:36Overview of Key Overnight Developments on December 2421:00-7:00 Keywords: Usual, IBIT, MicroStrategy, xAI 1. Usual completed a $10 million Series A funding round; 2. The US Internal Revenue Service stated in a lawsuit that crypto staking should be taxed; 3. BlackRock's IBIT deposited 828 BTC to Coinbase 1 hour ago; 4. xAI: a16z and BlackRock participated in the company's $6 billion financing; 5. MicroStrategy acquired 5,262 BTC for approximately $561 million; 6. Robinhood CEO: The company has internally discussed the issue of establishing a Bitcoin reserve; 7. MicroStrategy sold 1.3178 million shares last week, with $7.08 billion worth of shares still available for issuance and sale.
