Jay Jacobs, head of U.S. thematic and active ETFs at BlackRock, said in a speech at the "ETFs in Depth" conference: "We are still at the tip of the iceberg in terms of Bitcoin and especially Ethereum. Only a very small number of clients hold (IBIT and ETHA), so our current focus is on this rather than launching new altcoin ETFs."

Crypto supporter and U.S. Rep. French Hill of Arkansas defeated three other competitors to win the position of chairman of the country's Financial Services Committee. French Hill reportedly said in an Unchained podcast in July that stablecoins and market structure legislation would be the two bills he most wanted to pass after becoming chairman.

Smart contract platform Waterfall Network announced the completion of a new round of financing of US$11.6 million, with participation from Bolt's Capital, Alpha Token Capital and Enflux, providing it with funds to advance its research and development. The new funds will be used to strengthen the platform's infrastructure, simplify nodes and further improve them.

Paris-based financial group Oddo BHF SCA is working with crypto technology company Fireblocks on a euro-denominated stablecoin that it expects to launch next year pending regulatory approval, people familiar with the matter said.

Coinbase International Station announced on the X platform that Coinbase International Station and Coinbase Advanced will add support for Movement perpetual futures contracts. The MOVE-PERP market is expected to open at or after 17:30 on December 17, 2024, Beijing time.

On Thursday, the Texas House of Representatives introduced legislation to establish a strategic Bitcoin reserve that could serve as a testing ground for the U.S. Treasury Department. Republican Rep. Giovanni Capriglione announced at the X Spaces event on Thursday that the proposed bill would allow the state to establish a strategic Bitcoin reserve by accepting taxes, fees and donations in the form of Bitcoin and would hold it for at least five years.

Alipay officially clarified through social media that "seeing banana advertisements on platform X does not mean you can buy bananas on X", denying the rumors.

U.S. President-elect Trump said he would do great things in the field of cryptocurrency.

Coinbase Europe, Coinbase Germany, and Coinbase Custody International will delist Tether’s USDT and five other stablecoins (PAX, PYUSD, GUSD, GYEN, and DAI) on December 13. The move is to comply with the requirements of the European Crypto-Asset Market Regulation (MiCA).

According to official news, Grayscale has added the Lido DAO Trust Fund, which aims to provide investors with opportunities to access the Lido DAO ecosystem.

BlackRock, the world's largest asset management company, pointed out that Bitcoin's high volatility makes a higher allocation less feasible. A 1% allocation will account for a 2% risk weight, while a 2% allocation will increase to 5%.

Although the Avalanche Foundation holds about $3 billion worth of AVAX tokens, it still raised $250 million in a private token sale led by Galaxy Digital, Dragonfly, and ParaFi Capital, with participation from more than 40 other firms, including SkyBridge and Morgan Creek Digital.

According to official news, Grayscale announced the launch of the Optimism Trust fund, which aims to provide investors with access to the Optimism ecosystem.

US President-elect Donald Trump was named Person of the Year 2024 by Time magazine and photographed on the cover. Famous photographer Platon said that Trump once again demonstrated his influence with his strong control over the media and personal charm, leaving an important moment in history.

BitcoinTreasuries data shows that about 144 companies hold Bitcoin on their balance sheets.