According to PANews, Strive Asset Management, founded by Vivek Ramaswamy, has filed for approval from U.S. regulators to list an exchange-traded fund (ETF) focused on Bitcoin convertible bonds. These bonds, referred to as 'Bitcoin bonds,' are convertible securities issued by companies like MicroStrategy, which plan to use the proceeds primarily for purchasing Bitcoin. The Strive Bitcoin Bond ETF will be actively managed, gaining exposure to these bonds directly or through financial derivatives such as swaps and options. While the management fees for investors have not been disclosed, actively managed funds typically incur higher fees than passive index funds. Vivek Ramaswamy, a vocal supporter of former U.S. President Donald Trump, established Strive Asset Management in 2022. In November, Trump announced that Ramaswamy, alongside Tesla founder Elon Musk, would lead the Department of Government Efficiency (DOGE), a private initiative aimed at reducing government wasteful spending. Earlier in November, Strive launched a wealth management division, incorporating Bitcoin into its standard investment portfolio.

The development team behind dog-themed meme asset Floki (FLOKI) is announcing a plan to launch a new exchange-traded product (ETP). In a new thread on the social media platform X, the project says it has been working closely with a respected asset manager to create a FLOKI-based ETP for European inventors, set to launch in […] The post Floki Memecoin Project in Plans To Launch Exchange-Traded... source: https://dailyhodl.com/2024/12/26/floki-memecoin-project-in-plans-to-launch-exchange-traded-product-for-european-investors-in-q1-of-2025/

The United States is hemorrhaging money—$4 billion every single day to be exact—just to pay the interest on its $33 trillion national debt. That’s $166 million an hour, $2.7 million every minute, and a mind-numbing $45,000 a second. It’s a figure so obscene yet it’s the reality of America’s financial position. This reckless spending has […] source: https://www.cryptopolitan.com/dollars-reign-endures-even-as-u-s-spends-4b-daily-to-pay-interest-rates-on-national-debt/

Stablecoin issuer Tether invested $2 million in Arcanum Capital's Arcanum Emerging Technologies Fund II. Arcanum Emerging Technologies Fund II is a tokenized investment vehicle specializing in decentralized Web3 projects. James McDowall, managing partner of Arcanum Capital, said that the fund invests in blockchain technology to enhance remittances, cross-border payments, privacy and banking services for the unbanked population. Tether CEO Paolo Ardoino said that anti-censorship and promoting open communication are the main goals of Tether and the fund.

An analyst at market-making firm Wintermute said that companies using their equity to follow MicroStrategy's lead and add Bitcoin to their balance sheets could become a major trend by 2025. "I think next year will be a pretty big driver for companies and for public companies trying to get exposure," said Jake Ostrovskis, an over-the-counter trader at Wintermute. "You're likely to see small and medium-sized companies join in." Ostrovskis also predicted that some companies will follow MicroStrategy's strategy for ETH. "It's probably just a matter of time until someone does the same thing and turns themselves into something like an Ethereum investment vehicle, and at that point, you become the MicroStrategy of that space," he said.

Kyber Network announced on X Platform that KyberSwap is expanding to Sonic, with KyberSwap aggregator and limit orders now deployed.

According to data from The Block, the Base network TVL has grown to more than $3.5 billion. In addition, Base's transaction volume has maintained strong momentum throughout the fourth quarter, processing more than 8 million transactions per day. Since March, the network has maintained steady growth, with transaction volume increasing from about 500,000 transactions per day to more than 7.5 million transactions in December.

The French Financial Markets Authority (AMF) reports that cryptocurrency-related scams are the main cause of losses of about €500 million per year for victims. French authorities are working with the Paris Public Prosecutor's Office, the Audit and Settlement Supervision Authority (ACPR) and the General Directorate for Anti-Fraud, Consumption and Suppression of Fraud (DGCCRF) to step up efforts to combat these frauds. Data shows that men under the age of 35 are particularly susceptible. They are eager for quick success and have little confidence in their investment knowledge. Scammers use social media platforms to exploit this population by promising unrealistic returns.

According to Odaily, the CME's 'FedWatch' tool indicates an 87.2% probability that the Federal Reserve will maintain its current interest rates in January next year. There is a 12.8% chance of a 25 basis point rate cut. By March, the likelihood of keeping the rates unchanged stands at 50.6%, with a cumulative 25 basis point rate cut probability at 44.1% and a 50 basis point cut at 5.4%.

According to the Washington Post, the sentences of two former cryptocurrency exchange FTX executives appear to have been shortened. According to the website of the U.S. Federal Bureau of Prisons, Ryan Salame, who began serving a sentence of 7 and a half years in October, is now expected to be released in March 2031. Caroline Ellison's expected release date is now July 2026, a few months less than her original two-year sentence. FTX filed for bankruptcy in 2022 due to questions about its financial situation and its relationship with sister trading company Alameda Research, which led to customers withdrawing funds rapidly, similar to a bank run. Authorities later accused FTX of misappropriating customer funds for personal use, to repay loans owed by Alameda Research and other projects. The scandal brought a stunning defeat to FTX, once the world's third-largest cryptocurrency exchange, and its founder Bankman (SBF). Salame, the former co-CEO of FTX's Bahamas subsidiary, admitted to operating an unlicensed money transmission business and violating campaign finance laws. Ellison, the former CEO of Alameda, pleaded guilty in December 2022 to wire, securities and commodities fraud and money laundering.

Coingecko released a report showing that the crypto narrative in 2024 presents a diverse and rapidly changing landscape, with Meme coins and AI narratives becoming the biggest winners.

Golden Finance launches Golden Web3.0 Daily to provide you with the latest and fastest news on games, DeFi, DAO, NFT and Metaverse industries.

Looking ahead to 2025, what events in the Ethereum ecosystem are worthy of users' attention?

On November 5, 2024, Trump successfully won the US election. This result marks that the United States is about to usher in an economic transformation led by traditional industries and decentralized finance.

From "nobody" to "Binance supported", and then to creating trillion-dollar opportunities, how PENDLE makes DeFi shine again.

Crypto market, BTC, Review of the "gains and losses" of the crypto market in 2024 Where is the road in 2025? Golden Finance, 2024 is undoubtedly an important year in the history of crypto.

Recommended readings tonight: 1. Spore.fun: AI version of "Love, Death and Robots"; 2. Kaiko Research: Defining the crypto space in 2024 with 10 charts; 3. De-banking: Personal insights;

Recently, several users on X reported a phishing attack disguised as a Zoom meeting link. One of the victims installed malware after clicking on the malicious Zoom meeting link, resulting in the theft of crypto assets and losses of millions of dollars.

Banking, long considered a neutral utility, has become a battleground for cultural, political and economic conflict. The question we must ask is: when financial access is weaponized, who decides who can participate in the modern economy?

The on-chain AI agent version of "Love, Death and Robots", where the selection pressure comes from the attention and money of crypto users.