Phoenix Group, the first local cryptocurrency company in the UAE to be listed on the Abu Dhabi Stock Exchange (ADX), recently announced the appointment of a new CEO and plans to achieve a dual listing on Nasdaq in 2025 to further expand into the international market and enhance its global influence.

Eric Trump, the second son of Trump and executive vice president of the Trump Organization, expressed optimism about the future development prospects of Bitcoin and believed that Bitcoin would subvert the traditional financial system. He likened Bitcoin to "a galloping freight train", pointing out that Bitcoin had attracted widespread attention when it broke through $100,000, and it is expected that it will attract more attention when the price reaches $1 million, and he believes that Bitcoin will eventually break through $2 million. Eric Trump emphasized that the entire cryptocurrency industry is on the rise, and the traditional banking industry is outdated and has problems.

Japanese listed company Metaplanet announced that it had purchased an additional 619.70 bitcoins for 9.5 billion yen (about 60.69 million US dollars), and currently holds a total of 1,761.98 BTC.

In the past 7 days, the suspected Justin Sun address redeemed 39,999 ETH ($143 million) from Lido Finance and Etherfi, and then deposited all of it into HTX. Currently, he has 42,904 ETH ($139 million) being redeemed from Lido.

President-elect Trump announced the nomination of Sriram Krishnan as the next senior policy advisor for artificial intelligence in the White House Office of Science and Technology Policy. In a statement, Trump said Sriram Krishnan will work closely with David Sachs to focus on ensuring the United States' continued leadership in the field of artificial intelligence.

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.