According to PANews, CryptoQuant's founder and CEO, Ki Young Ju, expressed on the X platform that it is entirely feasible to use Bitcoin to repay U.S. debt if there is a consensus on Bitcoin's status. He noted that the only risk involves old Bitcoin holders selling their assets to undermine the U.S. However, he questioned whether these holders would actually sell if the U.S. government continues to accumulate Bitcoin until 2050 and its price keeps rising.

1. Hyperliquid's 24-hour trading volume exceeded $15 billion, setting a new record high; 2. Analysis: The community believes that Bitcoin may rise sharply on Trump's inauguration day; 3. Aave founder: Unlike bank accounts, DeFi will provide individuals with financial democratization opportunities; 4. Michael Saylor released a digital asset framework proposal, supporting the creation of a strategic Bitcoin reserve to help offset national debt; 5. Jump Trading subsidiary was fined $123 million for TerraUSD fraud; 6. Data: Crypto funds such as Brevan Howard and Galaxy Digital had an annual return of 76% in November; 7. VanEck Research Director: If the US Treasury Department purchases 1 million BTC within 5 years, it will be equivalent to 36% of US debt assets in 2050 if conditions permit; 8. CryptoQuant founder: It is feasible for Bitcoin strategic reserves to offset US debt; 9. DEX trading volume exceeded $300 billion in November, setting a record high; 10. Senator Lummis: The purpose of the strategic Bitcoin reserve is to repay the US government debt; 11. The privacy-secure computing network Nillion mainnet will be launched in February next year, after raising more than 50 million US dollars; 12. Unichain announced the mainnet roadmap, which is expected to be launched in early 2025.

OKX market data shows that BTC fell below 98,000 USDT and is now trading at 97,860.3 USDT, with the 24-hour increase narrowed to 4.71%.

Layer1 blockchain project Sonic Labs officially announced on the X platform that 1 million blocks have been produced on the Sonic chain. Earlier, Sonic Labs announced that its mainnet has been officially launched. It is reported that Sonic can process up to 10,000 transactions per second, sub-second finality, and a native decentralized gateway to Ethereum.

According to the monitoring of on-chain analyst Ember, Arthur Hayes marked an address that pledged 9.018 million ENA, and then deposited 7 million ENA to Binance, worth $8.47 million. Earlier, Arthur Hayes posted a post expressing his support for Ethena, saying that "if a DeFi protocol has not yet integrated USDe or sUSDe, then you should be out."

The post From $40K to $25M: How FARTCOIN Became Truth Terminal’s Largest Asset appeared first on Coinpedia Fintech News Truth Terminal, an AI-powered chatbot platform, has turned heads in the crypto world with its massive gains from FARTCOIN. A modest $40,000 investment has skyrocketed by 62,400%, reaching an incredible value of $25 million. However, despite the extraordinary surge, FARTCOIN... source: https://coinpedia.org/news/from-40k-to-25m-how-fartcoin-became-truth-terminals-largest-asset/

According to Coingecko data, NFT projects generally rose, possibly affected by the expectation of OpenSea's coin issuance, including: -Gemesis: 27.8% increase in 24 hours, the floor price is now 0.064 ETH; -CrypToadz: 27.1% increase in 24 hours, the floor price is now 0.79 ETH; -Quantum Cats: 24.6% increase in 24 hours, the floor price is now 0.22 BTC; -Skyborne - NexianGems: 24.5% increase in 24 hours, the floor price is now 1.37 ETH; -BEANZ Official: 23.9% increase in 24 hours, the floor price is now 0.84 ETH; -Azuki Elementals: 23.1% increase in 24 hours, the floor price is now 1.81 ETH; -Mocaverse: 22.3% increase in 24 hours, the floor price is now 3.40 ETH;

Charles Hoskinson, the founder of Cardano, has revived his interest in buying CoinDesk in apparent jest, after the crypto media outlet plunged deeper into chaos. Responding to a journalist’s post on X that described CoinDesk as “in shambles,” Charles questioned the outlet’s current valuation. “Remember when we thought about buying Coindesk?” he asked. “I wonder […] source: https://www.cryptopolitan.com/charles-hoskinson-offers-to-buy-coindesk/

MicroStrategy CEO Michael Saylor has released a proposal titled "U.S. Digital Asset Framework, Principles and Opportunities", aiming to bolster the U.S. dollar's global dominance and solidify American leadership in the digital economy, according to TechFlow.Key Highlights of the Framework:Digital Asset Classification System:Digital goods without issuers (e.g., Bitcoin)Digital securities with issuersDigital currenciesDigital utility tokensDigital NFTsDigital asset-backed tokensCost Reductions for Compliance and Issuance:Asset issuance compliance costs are capped at 1% of assets under management.Annual maintenance costs are limited to 0.1%.Lowered issuance costs to enhance capital market access.Growth Predictions:Digital currency market expansion: From $25 billion to $10 trillion.Global digital capital market growth: $2 trillion to $280 trillion.Digital asset market (excluding Bitcoin) surge: From $1 trillion to $590 trillion.Establishing a Bitcoin Reserve:Saylor advocates for creating a U.S. Bitcoin reserve, estimating it could generate $16–81 trillion in wealth for the U.S. Treasury. This, he argues, could provide an innovative strategy to offset the national debt and strengthen the nation’s financial position.

According to Etherscan data, the average gas fee of the Ethereum network has dropped to 6.617 gwei. The average gas fee of the Ethereum network once rose to 54.3 gwei, which may be affected by the OpenSea Foundation's announcement that OpenSea is about to issue a coin.

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