According to on-chain analyst @ai_9684xtpa, the "big whale who bought ETH low and sold it high and made a profit of $29.93 million" recharged 3,900 ETH to Binance again, worth $14.25 million. His ETH cost was only $2,265, and if he sold it, he would make a profit of $5.42 million; ETH has accumulated a profit of up to $35.35 million.

Bitget CEO Gracy Chen was invited to attend an interview with Bloomberg TV. In the interview, Gracy mentioned that Bitcoin fluctuated around the $100,000 mark, reflecting the strong "arbitrage" sentiment in the short-term market. She pointed out that, especially for some whale users who started to build positions since 2022, their average holding cost was only about $20,000. Although the future cryptocurrency regulation in the United States may tend to be relaxed, the relevant uncertainty is still an important consideration for investors, and some investors choose to take profits at the current price. At the same time, Bitcoin's recent performance has provided more opportunities for altcoins. However, regarding the news circulating in the market that "altcoin ETFs such as DOGE and SOL may be approved soon", she believes that there are still multiple challenges: First, the order of approval. Based on the experience of Bitcoin and Ethereum ETFs, the mainstream market usually passes futures ETFs first, and then passes spot ETFs of related assets, and these altcoin futures ETFs have not yet been approved; second, regulatory differences. Some regulators still have disputes over whether tokens such as SOL are securities, which may affect the relevant approval process. Third, the risk of market manipulation. Most altcoins are not as decentralized as BTC and ETH, and the possibility of market manipulation is relatively higher.

Grayscale has taken another major step toward expanding its influence in the digital asset market.

ZK-driven interoperability protocol Union announced on X that it has completed a $12 million Series A financing round, led by Gumi Cryptos Capital and Longhash Ventures, with participation from Borderless Capital, Blockchange, ATOM Accelerator, Eterna Capital, Veris Ventures, LBank Labs, Gate Ventures, TRGC, etc. So far, its total financing has reached $16 million. The new funds will be used for core team expansion, partner integration and ecosystem development. According to reports, Union is a cross-chain protocol designed for messaging, intent and chain abstraction, and is suitable for settlement layers of all execution environments. Union supports EVM, SVM, BitVM, MoveVM and altVM, and is an interoperability solution that can be extended to thousands of chains.

According to the monitoring of on-chain analyst @ai_9684xtpa, the whale with a band winning rate of 83.3% sold 4,970 WETH at an average price of $3,577 (cost $3,558) in the past 11 hours, making a short-term profit of $96,700. At present, it has made a profit of $152,700 in the 19th band, and the remaining 5,420 are to be settled.

コスモス（Cosmos）ブロックチェーンエコシステム向けに構築された分散型取引所（DEX）のオスモーシス（Osmosis）は、世界最大の暗号資産（仮想通貨）であ ... The post オスモーシス、ビットコインへのブリッジを開始──BTC分散型取引所を構築へ first appeared on CoinDesk JAPAN（コインデスク・ジャパン）. source: https://www.coindeskjapan.com/265079/

According to BlockBeats, the U.S. Securities and Exchange Commission (SEC) is set to conduct its initial review of Solana ETF applications from four major institutions, including VanEck, 21Shares, Canary, and Bitwise, by January 25, 2025. These institutions submitted their 19b-4 applications, which were officially accepted by the SEC on November 21, 2024. Following the acceptance, the SEC is required to make a preliminary decision within 45 days, which could result in approval, denial, or a request for an extension. In addition to these applications, Grayscale had previously submitted a proposal to convert its Solana Trust into an ETF, with its initial review deadline set for January 23, 2025. The market anticipates that the SEC might opt for a coordinated approach in reviewing these Solana ETF applications. This synchronized review process could potentially streamline the decision-making and regulatory oversight for these financial products, reflecting the growing interest and investment in cryptocurrency-based ETFs. The outcome of these reviews is highly anticipated by market participants, as it could significantly impact the future of Solana ETFs and the broader cryptocurrency market.

XRP (CRYPTO: XRP) continued the upward march Tuesday, becoming the third-largest cryptocurrency by market capitalization after Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: source: https://www.benzinga.com/24/12/42307265/xrp-becomes-third-most-valued-cryptobeats-boeing-nike-in-market-capitalization?utm_source=cryptopanic.com&utm_campaign=partner_feed&utm_medium=partner_feed&utm_content=site

On December 3, the L1 blockchain Gravity launched by the Galxe team has released Litepaper on Github and will be launched on the testnet in the first quarter of 2025. It is reported that Gravity achieves more than 1 billion hash operations per second, millisecond finalization time and parallel EVM operations. Gravity provides enterprise-level security through re-staking protocols such as EigenLayer and Babylon, while taking into account seamless cross-chain interoperability. At the same time, Gravity will launch a series of tools to help Web3 developers reshape blockchain development: Grevm (Gravity EVM): ultra-fast and efficient smart contract runtime; GravityDB: scalable state management, supporting complex applications; Gravity Intent Protocol: easy cross-chain interoperability; Gravity Chain: EVM compatible, supporting large-scale multi-chain applications.

Jupiter posted on X that the second Jupuary vote will start about an hour later, at 12:00 Beijing time. The community is welcome to attend the J.U.P rally at 3:30 am UTC to listen to comments on the collected feedback and proposed changes. Voting will then begin during the call.

한국 대통령이 계엄령을 선포했지만 6시간 만에 해제되었다. 계엄령 선포 직후 한국 거래소의 암호화폐는 잠시 급락했다가 다시 회복되었다. 업빗에선 한때 비트코인 7만대까지 하락했었다. 계엄령 발생 1시간 만에 1.63억 USDT(약 2346억원) 이상이 업비트로 유입되었다. 룩온체인 “많은 고래들이 하락세를 사기 위해 대량의 USDT를 업비트로 옮겼다.” 도널드 트럼프 전 대통령이 폴 앳킨스를 미국 증권거래위원회(SEC) 위원장으로 임명했다. 그러나 폴 앳킨스 위원장은 조직 개편 등 당면한 과제로 인해 위원장직을 맡는 것을 꺼려하는 것으로 알려졌다. $RSR – 폴 앳킨스 SEC 위원장 후보가 수년 동안 RSR의 고문으로 재직했다는 사실이 밝혀진 후 Reserve Rights(RSR)가... source: https://coincode.kr/28092

A spokesman for the White House National Security Council said in a statement that the South Korean president issued an emergency martial law order "without prior notice" to the Biden administration, and the White House did not receive any notification.

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South Korean President Yoon Seok-yeol lifted martial law six hours after tensions mounted in the country's National Assembly.

South Korean President Yoon Seok-yeol suddenly declared a state of martial law across the country and emphasized in a televised speech that the move was aimed at "protecting a free South Korea, resisting the threat of North Korean communist forces, and eliminating anti-national forces from the North (pro-North Korea)."

The world’s largest cryptocurrency exchange has $21.6 billion in user funds deposited.