According to Lookonchain monitoring, a PEPE whale that had been silent for 600 days transferred all 2.1 trillion PEPE (52 million U.S. dollars) to a new address. The whale initially spent only 0.0135 ETH (27 U.S. dollars) to buy 2.1 trillion PEPE and has held it until now. From 27 U.S. dollars to 52 million U.S. dollars, the return is 1.9 million times.

Bitcoin has repeatedly set new all-time highs, leading the overall market rally, while Layer 1 has performed strongly and the Layer 2 landscape continues to evolve.

According to on-chain analyst Ember, a whale/institution has purchased 10 million USDC worth of VIRTUAL in the past 20 hours. He withdrew 10 million USDC from Coinbase through 2 newly created addresses, and then purchased 4.251 million VIRTUAL on the chain at an average price of $2.35.

10x Research said in a post that there are more and more claims about the tightening supply of Bitcoin, especially with the continuous accumulation of Bitcoin ETFs and MicroStrategy, the available supply of Bitcoin continues to decrease, laying the foundation for a potential "squeeze" market. In the past 30 days, the exchange has recorded a net outflow of 124,000 Bitcoins.

Since adopting the Bitcoin strategy on August 10, 2020, the firm has achieved an annualized return of 124%, outperforming all major asset classes. Factset data from December 11 showed that Bitcoin has achieved a strong annualized return of 64% in the same time frame. In comparison, Amazon, Apple, Meta Platforms, Microsoft, Nvidia and Tesla have returned 31%, the S&P 500 has returned 15%, real estate has returned 10%, and gold has returned 7%. Bonds have performed poorly, with a return of negative 5%.

Exclusively for the first 11,000 Up Mobile: Mover Edition users. It is reported that each eligible user will receive 1,000 $MOVE and additional rewards. All rewards have no lock-up period and can be claimed after the Movement mainnet goes online in Q1 2025. At the same time, the next phase of Up Network sales and incentive plans will also be launched.

MICROSTRATEGY was included in the Nasdaq-100 Index. The Nasdaq-100 Index tracks the 100 largest non-financial companies listed on the Nasdaq exchange, including market-dominant companies such as Apple, Nvidia, Microsoft, Amazon, Meta, Tesla, and Costco.

Azuki researcher wale.moca tweeted that the NFT marketplace Opensea has registered a foundation in the Cayman Islands.

Coinbase tweeted that it will add Parcl (PRCL) to its coin listing roadmap.

MegaETH developer MegaLabs has completed a $10 million financing through the Echo platform. MegaLabs co-founder Shuyao Kong said that the structure of this round of financing is equity plus token warrants, which is the same as MegaLabs' $20 million seed round in June, and the valuation of both rounds is "9 figures." Kong said that although the over-the-counter (OTC) market valuation of MegaLabs is "significantly higher", the valuation of the Echo round of financing remains unchanged to prioritize decentralization and community participation.

BiT Global, a company associated with Justin Sun, sued Coinbase, claiming that Coinbase's delisting of wBTC and launching of competing products was anti-competitive and violated "numerous state and federal laws" and that the delisting would also "harm" BiT Global.

BIO Protocol initiated a proposal for obtaining BIO liquidity, aiming to allow new participants to join the BIO economy; secondly, deploying liquidity on Ethereum will promote the accessibility and long-term growth of BIO, while also enabling the token to expand to other chains in the future.

The United States will embrace Bitcoin with strategic reserves and increased cryptocurrency adoption. Under the new SEC, multiple new spot cryptocurrency ETPs will be approved. Ethereum ETPs will include staking, while both Ethereum and Bitcoin ETPs will allow physical trading and redemption.

Japanese lawmaker Satoshi Hamada proposed that the government launch a national Bitcoin reserve, citing similar actions being taken by the United States and Brazil. It is suggested that the Japanese government "consider converting part of its foreign exchange reserves into virtual currencies such as Bitcoin." Hamada also pointed out in his proposal that Bitcoin is "less influenced by specific countries or institutions." Bitcoin's "neutrality and decentralized nature" can support economic activities without relying on any specific currency. The government is expected to respond to Hamada's questions in writing in the coming weeks and may publish them publicly on its official website.

Sheila Warren, CEO of the Crypto Council for Innovation (CCI), a collaborative organization that aims to create a better environment for the development of the cryptocurrency industry through lobbying, will resign in January. Sheila Warren has led CCI for the past three years, through the collapse of the crypto industry, the review and inspection of SEC Chairman Gary Gensler, new legislation, and the record high value of Bitcoin. CCI's members include Circle, Coinbase, and OpenSea. The CCI board of directors appointed Ji Hun Kim, the group's chief legal and policy officer, as acting CEO.

The Q3 Bitcoin mining report released by CoinShares shows that the weighted average cash cost of listed miners to produce 1 Bitcoin increased to approximately $55,950, an increase of 13% from Q2, and the total cost including non-cash costs was approximately $106,000. Although mining remains profitable at the current Bitcoin price of $100,000, the rapid growth of network computing power and the fact that some miners are investing funds in AI infrastructure or hoarding coins (HODL) strategies have weakened computing power growth and increased costs. High electricity prices in Texas in the summer have further pushed up production costs for some miners.