Decentralized stablecoin protocol Frax Finance is considering integrating BlackRock's BUIDL token as a reserve asset in its upcoming relaunched Frax USD stablecoin, but the decision is subject to approval by the governance process. Securitize Markets has written a governance proposal for this, pointing out that this move will not only improve the practicality, security and convenience of Frax USD, but also reduce counterparty risk of reserves. The BUIDL token currently manages over $530 million in assets, mainly short-term U.S. Treasuries. Although the proposal has not yet been voted on, initial feedback from members of the Frax Finance decentralized autonomous organization (DAO) has been generally positive.

U.S. President-elect Donald Trump announced that he has appointed Bo Hines as the executive director of his "Presidential Digital Asset Advisory Committee" to lead his "Crypto Committee." Bo Hines was a college football player who failed to be elected to the House of Representatives in 2022. Trump wrote: "In his new position, Bo Hines will work hand in hand with David Sacks to drive innovation and growth in the digital asset space while ensuring that industry leaders have the resources they need to succeed."

PANews reported on December 22 that according to CryptoSlam data, NFT sales on the Ethereum chain exceeded US$200 million in the past 7 days, currently reaching US$203,393,393. Among them, the NFT project Pudgy Penguins sales reached US$52,731,146, accounting for approximately 25.9% of NFT sales on the Ethereum chain, ranking first; LilPudgys sales reached US$18,645,354, ranking second; Azuki ranked third, with sales reaching US$17,339,164.

PANews reported on December 22 that Token Unlocks data showed that tokens such as MRS, ADA, and ENA will be unlocked in large amounts next week, including: Metars Genesis (MRS) will unlock about 10 million tokens at 8:00 a.m. Beijing time on December 23, which is 11.87% of the current circulation and worth about 34.7 million U.S. dollars; Cardano (ADA) will unlock about 18.53 million tokens at 8:00 a.m. Beijing time on December 26, which is 0.05% of the current circulation and worth about 16.6 million U.S. dollars; Ethena (ENA) will unlock about 12.86 million tokens at 3:00 p.m. Beijing time on December 25, which is 0.44% of the current circulation and worth about 13.5 million U.S. dollars; Murasaki (MURA) will unlock about 20 million tokens at 8:00 a.m. Beijing time on December 23, which is 34.84% of the current circulation and worth about 12.2 million U.S. dollars; Eigenlayer (EIGEN) will unlock about 1.29 million tokens at 3:00 a.m. Beijing time on December 25, which is 0.61% of the current circulation and worth about 4.9 million U.S. dollars. MMX (MMX) will unlock about 1.67 million tokens at 8:00 a.m. Beijing time on December 24, which is 1.11% of the current circulation and worth about 1.8 million U.S. dollars. Venom (VENOM) will unlock about 33.76 million tokens at 8:00 a.m. Beijing time on December 25, which is 1.77% of the current circulation and worth about 2 million U.S. dollars. Coin98 (C98) will unlock about 16.53 million tokens at 7:00 p.m. Beijing time on December 23, which is 1.88% of the current circulation and worth about 2.7 million U.S. dollars. Hooked Protocol (HOOK) will unlock about 4.17 million tokens at 8:00 a.m. Beijing time on December 25, which is 1.97% of the current circulation and worth about 1.7 million U.S. dollars. Karrat (KARRAT) will unlock approximately 11.25 million tokens at 8:00 am Beijing time on December 23, accounting for 6.45% of the current circulation and worth approximately US$4.4 million.

PANews reported on December 22 that according to the Washington Post, Morningstar analyst Dan Romanoff said that although gold is generally considered the most suitable asset for hedging inflation, Bitcoin may be a more useful inflation hedging tool. Over the past five years, the price appreciation of Bitcoin and gold has exceeded inflation, and the increase in Bitcoin is relatively much larger.

PANews reported on December 22 that according to Barrons, MicroStrategy Chairman Michael Saylor did not make it clear in a recent interview whether the company might be included in the S&P 500, but he said that given the optimistic view on Bitcoin, MicroStrategy may report billions of dollars in quarterly net income next year due to the growth in the value of Bitcoin holdings. Changes in accounting rules that will take effect in 2025 may enable MicroStrategy to meet the profit requirements to join the S&P 500.

Cross-chain protocol Wormhole said that Wormhole DAO will be launched in the first quarter of 2025. To participate in the first vote, W holders need to stake for governance. The Wormhole Staking Rewards Program (SRP) is ongoing across all chains (EVM + Solana), with a minimum of 50 million W tokens allocated in the first reward pool.

According to the monitoring of on-chain analyst @ai_9684xtpa, "smart money that has made a profit of $4.92 million through the $PEPE band in the past six months" has opened a position of 475.3 billion PEPE four hours ago, worth $8.2 million, with an average price of $0.00001724, and has currently made a floating profit of $142,000. In December, five whales "placed a heavy bet" on PEPE

At present, at least 10 companies are adopting or considering MicroStrategy's Bitcoin strategy, including artificial intelligence company Genius Group.

According to the monitoring of on-chain analyst @ai_9684xtpa, the address HHqC...y8Aqu is suspected to have sold 25,000 SOLs that were opened at $169.6 two months ago. If sold, it would have made a profit of $313,000. The whale currently still holds 50% of the SOL position (i.e. 25,000 SOLs), with a floating profit of $310,000; the floating profit of these 50,000 SOLs was as high as $4.738 million.

The decentralized liquidity protocol THORChain released version V3. This update provides advanced interoperability and smart contract capabilities, including upgrading to Cosmos SDK v0.50, switching from Tendermint to CometBFT, introducing Cosmos ecosystem compatibility, joining the Rujira application layer, etc.

GraniteShares, a New York-based asset management company with over $10 billion in AUM, has applied for new leveraged ETFs to track companies such as Riot Platforms, Marathon Digital, MicroStrategy and Robinhood. These funds will go long and short at the same time. An ETF that goes long 2x will generate twice the daily return of the corresponding stock.