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Andrew Sorrell, the auditor general of the state of Alabama in the United States, proposed the establishment of a strategic Bitcoin reserve. He said that the value of Bitcoin is not affected by the trend of the US dollar, it will strengthen the US balance sheet, and can be used as collateral for future debt issuance. — link : Wu Blockchain News
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The United States released the November year-over-year Core CPI (not seasonally adjusted) at 3.3%, matching the forecast of 3.3% and the previous value of 3.3%. The October year-over-year CPI (not seasonally adjusted) came in at 2.7%, aligning with the forecast of 2.7%, and slightly up from the previous value of 2.6%. : Wu Blockchain News
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*US NOV. CORE CPI RISES 3.3% Y/Y; EST. +3.3%
*US NOV. CONSUMER PRICES RISE 2.7% Y/Y; EST. +2.7%
*US NOV. CONSUMER PRICES RISE 0.3% M/M; EST. +0.3%
*US NOV. CORE CPI RISES 0.3% M/M; EST. +0.3% : infinityhedge
BREAKING: 🇺🇸 US inflation rises to 2.7%. : Watcher Guru
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Notcoin creator launches Earn program offering token rewards for Telegram Wallet users — link | tl;dr : unfolded. DeFi
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NEW: 🟠 Bloomberg Intelligence shows MicroStrategy will be announced as a new member of the Nasdaq 100 this Friday 👀 : Bitcoin
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Liquid staking platform Marinade floats proposal to tackle malicious validators and democratize MEV on Solana — link | tl;dr : unfolded. DeFi
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RUSSIAN FOREIGN MINISTRY: WE URGE RUSSIAN CITIZENS TO REFRAIN FROM TRIPS TO THE UNITED STATES AND ITS SATELLITES, PRIMARILY CANADA AND SOME EU COUNTRIES : infinityhedge
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A Hong Kong lawmaker suggested that the government should consider incorporating cryptocurrencies into fiscal reserves and use the Exchange Fund to continue purchasing and holding. The HK government stated that crypto assets are not a target asset. It does not rule out some investments involving crypto assets, but the relevant proportion is very small. — link : Wu Blockchain News
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According to SosoValue on December 10, BTC spot ETF garnered $440 million in net inflows, extending their streak to nine consecutive days. Blackrock’s iBIT drew in $296 million per day, while Fidelity’s fBTC brought in $210 million daily. - Sosovalue : Leviathan News
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Circle, Binance Enter Partnership To Expand USDC Usage: Press Release
🔗 velo.xyz
Binance and Circle have announced a strategic partnership. Binance will integrate USDC across its products and services, making it more accessible to its 240 million users for trading, saving, and payments, while also adopting USDC for its corporate treasury operations. — link : Wu Blockchain News
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Bitcoin spot ETFs had a total net inflow of $440 million on December 10, continuing net inflows for 9 consecutive days. BlackRock ETF IBIT had a net inflow of $296 million per day, and Fidelity ETF FBTC had a net inflow of $210 million per day. — link : Wu Blockchain News
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Solana announced the official launch of the first global online AI hackathon, which will be held from December 10 to 23. The main track is supported by a16z crypto and Solana Foundation, with a prize of up to $30,000. The remaining tracks cover AI infrastructure, token tools, autonomous chat agents, social/influencer agents, etc. — link : Wu Blockchain News
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According to DefiLlama, USDa, the world’s first Bitcoin-backed stablecoin issued by Avalon Labs, has become the world’s second-largest CDP project, second only to MakerDAO’s DAI. The total value locked (TVL) of USDa has exceeded $700 million. USDa supports 1:1 conversion to USDT with a borrowing rate of only 8%. Avalon Labs was the champion of the second round of the BNB Incubation Alliance. — link : Wu Blockchain News
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Billionaire investor Ray Dalio urges ditching debt assets in favor of “hard money” like gold and bitcoin, warning that surging global debt levels could trigger inevitable financial storms. - Scmp : Leviathan News
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U.S. CPI: +2.7% YEAR-OVER-YEAR
U.S. CORE CPI: +3.3% YEAR-OVER-YEAR
U.S. CPI: +0.3% MONTH-OVER-MONTH
U.S. CORE CPI: +0.3% MONTH-OVER-MONTH: Scrapers : Tree News
BREAKING: 🟠 Publicly listed Indian company JetkingLtd surges 20% after announcing its corporate #Bitcoin strategy 🚀 : Bitcoin
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U.S. NOV CPI DATA COMING IN 60 MINS ⌛:
HEADLINE CPI:
*M/M: EST. 0.3%; PREV. 0.2%
*Y/Y: EST. 2.7%; PREV. 2.6%
CORE CPI:
*M/M: EST. 0.3%; PREV. 0.3%
*Y/Y: EST. 3.3%; PREV. 3.3% : infinityhedge
CEX Data Report for Nov: Spot Trading Volume Up 141%, Derivatives Volume Up 97%, Website Traffic Up 32%.
Top 3 spot performers: Upbit: +386%, BitMart: +242%, Bitfinex: +218%. Top 3 perp performers: Mexc: +186%, Kraken: +160%, Deribit: +151%. Top 3 Traffic performers: Cryptocom: +113%, Coinbase: +85%, Upbit: +82%. Read more — link : Wu Blockchain News
Crypto exchange Bitget has announced that it is exploring the establishment of its Europe regional hub in Lithuania as part of its strategic expansion in the European Union. The company is preparing for compliance under the MiCA framework, including plans to set up an office and recruit compliance and operations personnel in Lithuania. — link : Wu Blockchain News
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Rootdata has counted the top fifteen Crypto+AI projects by market value, including RENDER, FET, TAO, WLD, VIRTUAL, AIOZ, AI16Z, PRIME, ROSE, GRASS, GOAT, ARKM, ACT, IO, and ATH. There has been a lot of discussion and controversy surrounding Crypto+AI recently. : Wu Blockchain News
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BOJ IS SAID TO SEE LITTLE COST TO WAITING FOR NEXT RATE HIKE
*BANK OF JAPAN SEES LIMITED RISK OF ACCELERATING PRICES EVEN IF RATE HIKE DELAYED IN DECEMBER
*SOME BOJ OFFICIALS NOT AGAINST RATE HIKE IN DEC IF PROPOSED : infinityhedge
Beam Ventures launches $150M fund to make Abu Dhabi into a global gaming hub — link : unfolded. DeFi
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CIRCLE AND BINANCE HAVE ENTERED INTO A STRATEGIC PARTNERSHIP
*Through this partnership, Binance will make USDC more extensively available across their full suite of products and services, — will adopt USDC as a vital dollar stablecoin for their own corporate treasury.
*Circle will provide Binance with a range of technology, liquidity and other tools for Binance users to benefit from the trust and innovation that Circle has built for USDC. : infinityhedge
Binance partners with Circle to push USDC stablecoin adoption across the globe — link : unfolded.
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On December 10, the total net inflow of Ethereum spot ETFs was $306 million, and net inflows continued for 12 consecutive days. The net inflow of Fidelity ETF FETH was $202 million per day, and the net inflow of BlackRock ETF ETHA was $81.6574 million per day. — link : Wu Blockchain News
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Eric Trump, son of US President Donald Trump and executive vice president of the Trump Organization, delivered a keynote speech at the Bitcoin MENA event in Abu Dhabi, saying that Bitcoin will become a "financial paradigm" and predicting that the price of Bitcoin will reach $1 million in the future. Eric Trump emphasized that Bitcoin is not only an investment tool, but also a "global asset" with value against inflation, political instability and natural disasters. He believes that Bitcoin's scarce total supply of 21 million is one of its most important features, and pointed out that "early adopters will be the ultimate winners." At the same time, he called on governments and banks to adapt to Bitcoin's digital revolution and said that the Trump family fully supports the development of Bitcoin. — link : Wu Blockchain News
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Fidelity (FETH) Daily ETH Flows: +202.7m: BBG : Tree News
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