Coinbase team member Ricardo Petersen shared data showing that Coinbase is now the most downloaded cryptocurrency app in Brazil and one of the top three financial apps in the country.

Michael Saylor’s MicroStrategy Inc has all the makings of a Nasdaq 100 Index. However, market watchers believe the company could be excluded from Friday’s annual index reshuffle because MicroStrategy has evolved into a leveraged Bitcoin bet for a small software company that many believe doesn’t qualify for inclusion among the 100 most important Nasdaq stocks. “The idea of ​​the index is that it should be a true representation of all the stocks in the stock market, and any large company that has a significant presence in the Nasdaq should be included,” said TD Cowen analyst Lance Vitanza, who has a “buy” rating on MicroStrategy. With bitcoin prices recently hitting record highs, MicroStrategy now holds more than $40 billion worth of bitcoin. But its underlying business posted a net loss of $340 million in the third quarter of this year. Still, the company’s $98 billion market cap, which makes it the 40th-largest stock in the Nasdaq 100, is based largely on its buy-and-hold strategy for bitcoin, which could affect whether the stock is included in the Nasdaq 100. Vitanza said Nasdaq could use MicroStrategy’s small operations as a reason not to include it in the index. But he added that it would be counterintuitive because the company is so large. Michael Lebowitz, a portfolio manager at RIA Advisors, said MicroStrategy is now more like a commodity or ETF because without bitcoin, it’s “basically a defunct company.” He thinks it should be reclassified as a financial company next year. "100% of the value of the company is Bitcoin, because the rest of the company is probably negative," Lebowitz said in an interview. "The vast majority of the company is just its Bitcoin holdings and the financial conspiracy around it, so it's a financial company." Vitanza also said that if the company is included in the index, the increase in trading volume of its shares may not have a big impact on its liquidity, but it will attract new investors. Joining the broader U.S. benchmark index, the S&P 500, is another matter. The index considers the profitability of newly added companies, which may be a hurdle for MicroStrategy, which has reported net losses in three of the past four quarters. "The fact that they are not a traditional operating company in our traditional sense, I think, will have a much greater impact on the S&P 500 than the Nasdaq 100," Vitanza added. (Bloomberg)

According to PANews, Riot Platforms has successfully completed a $525 million convertible notes offering, as revealed in a filing with the U.S. Securities and Exchange Commission on December 11. The notes, which mature in 2030, carry an interest rate of 0.75% and were privately issued to institutional investors. Starting in 2029, investors will have the option to convert these notes into Riot's common stock. Additionally, under certain conditions outlined in the issuance terms, early conversion may be possible. The funds raised are primarily intended to support the company's Bitcoin acquisition strategy, aiming to further expand its holdings. Prior to this strategic move, Riot invested $68.45 million to purchase 705 Bitcoins. With this latest investment, the company's total Bitcoin holdings have reached 12,000 coins, valued at approximately $1.2 billion at current market prices. This positions Riot as the second-largest publicly traded mining company in terms of Bitcoin holdings, following Marathon Digital, which currently holds over 40,000 Bitcoins.

According to Lookonchain monitoring, a large amount of funds are being injected into the cryptocurrency market. In the past 24 hours, 972.6 million USDT flowed from Tether Treasury to exchanges.

According to Foresight News, the TON Foundation has successfully registered under the decentralized ledger technology (DLT) framework of the Abu Dhabi Global Market (ADGM) in the United Arab Emirates. This regulatory framework provides a structured legal foundation for decentralized organizations, facilitating smoother operations and governance. The registration marks a significant step for the TON Foundation as it aims to expand its influence and application across the Middle East, North Africa, and the Asia-Pacific regions. The foundation's ambitious goal is to develop its ecosystem to reach 500 million users by 2028. By leveraging the structured legal environment provided by ADGM, the foundation seeks to enhance its operational capabilities and governance, thereby accelerating its growth and adoption in these key regions.

What is the power of the Willow chip? How far is it from mass production?

Bitwise CEO Hunter Horsley said in a post on X that yesterday, the Bitwise Ethereum spot ETF ETHW had a net inflow of about $8 million. In order to be an excellent manager, Bitwise also contributes 10% of its gross profit to Ethereum's open source developers.

On-chain data shows that the Trump family crypto project World Liberty Financial (WLFI) bought $5 million worth of ETH on Wednesday. This brings the project's total ETH balance to more than $50 million, mainly accumulated in the past few weeks. Its wallet made three separate transactions about four hours ago, receiving 1,285 ETH from CoW Swap. The wallet appears to be using profits from the ongoing WLFI token sale to buy these ETH, mainly through its large stablecoin holdings. The company also appears to have sent funds from the World Liberty contract address starting with 0xe217e15b directly to the wallet starting with 0x5be9a495, which has no outflow transactions. Analysis points out that the exchange of stablecoins for ETH indicates that World Liberty Financial is seeking to participate in a deeper crypto economy. This may also indicate that the team believes that ETH is a better reserve asset than the US dollar. Eric Conner, a well-known Ethereum investor and consultant, first noticed the transactions, saying in a private message: "They exchanged all the stablecoins they got for ETH." World Liberty's terms and conditions stipulate that the limited liability company established by the Trump family to manage the project will receive 75% of the proceeds from the WLFI token sale and can manage the funds as they wish. Arkham Research data shows that the 0x5be9a495 World Liberty wallet holds nearly $73 million worth of cryptocurrency. This includes more than $50 million worth of ETH, $10 million worth of Coinbase wrapped Bitcoin token cbBTC, as well as $8 million worth of USDC and $3 million worth of USDT, as well as a small amount of various altcoins. (The Block)

According to Farside Investors data, Fidelity FBTC had a net inflow of $121.9 million yesterday, while FETH had no inflow/outflow.

The son of US President-elect Donald Trump said that Bitcoin will continue to soar and made an audacious prediction that it will reach $1 million per coin. Related Reading: Tether’s USDT Hits New High—330 Million Wallets And Counting Trump Organization Vice President Eric Trump vowed that his father and their family will not cease their support of the firstborn cryptocurrency. Cornerstone Of A... source: https://www.newsbtc.com/news/eric-trumps-bold-call-bitcoin-to-soar-to-1-million-in-financial-revolution/

1. Notcoin project launches Launchpool Earn, intends to provide token rewards for Telegram wallet users; 2. DappRadar: In November, the blockchain game market share reached 28%, and the average daily number of active wallet addresses of opBNB reached 2.08 million; 3. The Alabama State Auditor publicly proposed to establish a strategic Bitcoin reserve; 4. The 5,000 bitcoins purchased by insurance giant MassMutual in 2020 are now worth about US$500 million; 5. Bloomberg analyst: If MSTR ICB is classified as a financial stock, it will not be eligible for Nasdaq 100; 6. Slow Mist Cosine: Quantum computing is far from cracking Bitcoin private keys, and there is no need to worry about the security of Satoshi Nakamoto's private keys for the time being; 7. Alchemy Pay: Plans to launch the L1 public chain Alchemy Chain to develop large-scale commercial applications; 8. CryptoQuant CEO: MSTR's Bitcoin holding premium continues to decline, and the stock price and BTC are expected to rise steadily; 9. The Nasdaq broke through 20,000 points for the first time, setting a record high; 10. The result of the U.S. Senate's vote on SEC Commissioner Crenshaw's re-election is "to be determined"; 11. The Vancouver City Council in Canada passed its motion to become a "Bitcoin-friendly city"; 12. CEO of Bank of New York Mellon: Tokenization is a major trend in the financial market; 13. FTX creditors recovered $14.5 million through political donation settlement, and SBF's political donations amounted to at least $40 million; 14. Travala, a travel platform that supports crypto payments, plans to launch a Bitcoin reserve plan.

Google says its new quantum chip suggests there are multiple universes, TechCrunch reports.

Although MPC (Multi-Party Computation, Multi-party Secure Computation) wallet and Multi-Signature Wallet (Multi-Signature Wallet) are both used to improve the security and control authority of private keys, their working principles and application scenarios are significantly different.

Web 3.0, founder of Hash Global: Building Web3 business applications Golden Finance, user data assets are the core of Web3 applications.

As an emerging technological trend, decentralized AI is gradually demonstrating its advantages in data privacy, security, and cost-effectiveness.

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

VBE (Voting Bloc Entropy) is an innovative indicator that quantitatively evaluates the degree of centralization of DAOs and reveals governance risks through clustering and entropy calculations.

Stablecoins are a vital component in the crypto space, and their stability and decentralization have become key competitive points.

Tracking Nvidia's holdings in concept stocks has important reference value. Investors can continue to pay attention to Nvidia's increase in holdings in related concept stocks, the progress of AI commercialization, revenue growth and gross profit margin changes, new product/service releases, changes in the industry's competitive landscape, etc.

Optimism once again teamed up with Uniswap to launch the ERC-7802 cross-chain asset standard, bringing new prospects for improving the efficiency of cross-chain transactions.