JPMorgan stated that the short-term trend of Bitcoin depends on whether Strategy (MSTR) can maintain an EV/BTC ratio above 1 to avoid a sell-off.
This ratio is 1.13, supported by a reserve of $1.44 billion, equivalent to two years of dividend payments. If MSCI maintains MSTR on January 15, BTC may recover; otherwise, this impact has largely been reflected in the price. JPMorgan's medium-term model values BTC at around $170,000.
IMF cảnh báo rằng stablecoin có thể gây ra tình trạng "thay thế tiền tệ" và làm suy yếu sự kiểm soát của ngân hàng trung ương, đặc biệt là trong giao dịch xuyên biên giới và phi lưu ký. IMF cho biết 97% stablecoin được neo giá bằng đô la và kêu gọi cấm sử dụng tài sản kỹ thuật số làm tiền tệ hợp pháp. Việc sử dụng stablecoin đang tăng nhanh ở Châu Phi, Trung Đông và Mỹ Latinh. Bộ trưởng Tài chính Hoa Kỳ Scott Bessent cho biết nhu cầu hỗ trợ tài chính nợ của Hoa Kỳ.
Uniswap founder, Hayden Adams, stated on X that Ken Griffin and Citadel are urging the SEC to treat decentralized protocol developers as if they were centralized intermediaries. He dismissed the claim that DeFi cannot provide "fair access," arguing that it contradicts the open-source peer-to-peer designs that help reduce liquidity barriers - highlighting the fundamental conflict of interest between traditional market makers and open DeFi.
The main Ethereum network has completed the "Fusaka" upgrade, an important step in the L1+rollup roadmap: higher L1 performance, expanded blob capacity, lower rollup costs, and improved user experience (UX). This release also adds the Blob Parameter Only (BPO) fork conversion feature to safely increase blob capacity as rollup demand rises.
Consensys had previously indicated that Ethereum would shift from annual upgrades to a hard fork twice a year.
The strategy has announced a reserve of $1.44 billion to pay dividends and interest, while also purchasing more Bitcoin to ease concerns about the ability to sell Bitcoin and strengthen its financial position. Concerns about $MSTR remain, causing social interactions to spike to the highest level in the past three months.
Binance Alpha has officially integrated the Arbitrum network
On November 27, according to the official announcement, Binance Alpha has officially integrated the Arbitrum network. Users trading on the new chain will have the opportunity to receive the official network of the Arbitrum chain trading competition and exclusive chain token airdrop rewards. Specific rules will be announced separately.
On November 26, the Ethereum spot ETF funds recorded a total net inflow of $60.82 million, marking four consecutive days of inflows.
The Bitcoin spot ETF funds recorded a total net inflow of $21.12 million, with only Fidelity's FBTC fund reporting a net outflow. The XRP spot ETF funds recorded a net inflow of $21.81 million.
Theo Tokenomist, a number of large token unlocks will take place in the next seven days. The large unlocks (>5 million dollars) include ZRO, SOON, YZY, ZK, MBG, KAITO, and APE. Meanwhile, the large daily linear unlocks (>1 million dollars/day) will affect SOL, TRUMP, WLD, DOGE, ASTER, AVAX, TAO, ZEC, ETHFI, along with many other tokens.
The total unlock value for the week exceeds 297 million dollars
According to Tokenomist, the upcoming large one-time token unlocks (over $5 million) in the next 7 days include ZRO, KAITO, and SOON. Large daily linear unlocks (over $1 million per day) are expected to be allocated for SOL, WLD, TIA, DOGE, TAO, AVAX, SUI, DOT, IP, MORPHO, ETHFI, JTO, ENS, and other coins.
The total value of unlocked tokens exceeds $411 million.