BlackRock CEO Fink: Bitcoin can overcome concerns about currency instability
Odaily Planet Daily News: BlackRock CEO Fink said that Bitcoin can overcome concerns about the instability of the local currency. (Golden Ten)
Odaily Planet Daily News: BlackRock CEO Fink said that Bitcoin can overcome concerns about the instability of the local currency. (Golden Ten)
[Whale address 0x50B30 initiates ETH long hedge, total unrealized loss of $240,000] On December 31, according to Hyperinsight monitoring, whale address 0x50B30 shorted 798.73 BTC (approximately $70.72 million) with 20x leverage, while simultaneously going long on 5,626.42 ETH (approximately $16.71 million) with 18x leverage for hedging, resulting in a total unrealized loss of $240,000.
[Matrixport: Structural Growth Trend in the Crypto Market Remains Unchanged] Matrixport released an analysis stating that the total market capitalization of the crypto market has continued to grow from approximately $1 trillion at the end of 2023, reaching a peak of nearly $3.9 trillion in 2025. The periodic lows have slightly dipped below the previous cycle's highs, reflecting deeper institutional participation and a more robust position structure. Although the total market capitalization has recently fallen back to around $3.0 trillion, the market price center has not shifted downward, and the periodic lows continue to rise, indicating that the growth trend remains constructive.
[The Financial Accounting Standards Board Plans to Study Whether Certain Stablecoins Qualify as Cash Equivalents in 2026] The Financial Accounting Standards Board (FASB) plans to explore in 2026 whether certain stablecoins meet the qualifications for 'cash equivalents' and to study the accounting treatment of crypto asset transfers, including Wrapped Tokens. FASB Chairman Rich Jones stated that the agency has already added relevant crypto projects to its agenda. In 2023, FASB required companies to adopt fair value accounting treatment for crypto assets such as Ethereum and Bitcoin, but excluded NFTs and certain stablecoins at the time.
Binance TAKE/USDT's perpetual trading volume surged 9 times within 10 minutes, with a turnover of $177 million in the past 24 hours, a decrease of 65.30% A surge in trading volume generally indicates an increase in market trading activity or large-scale fund buying and selling operations, which may be caused by certain important market changes or news announcements. According to AiCoin data, the comprehensive ranking of Binance contracts ranks first in the world
[The Dark Side of the Moon Completes $500 Million Series C Financing, Valuation Reaches $4.3 Billion] On December 31, The Dark Side of the Moon (Kimi) completed a $500 million Series C financing round, with IDG leading the investment with $150 million. Existing shareholders, including Alibaba, Tencent, and Wang Huiwen, oversubscribed in the round, bringing the post-investment valuation to $4.3 billion. It is reported that Wang Huiwen has invested a total of $70 million in The Dark Side of the Moon. The company's founder and CEO, Yang Zhilin, stated in an internal letter that the company’s cash reserves exceed RMB 10 billion, putting it on par with Zhipu and MiniMax after their IPOs. Sources indicate that The Dark Side of the Moon may not be in a hurry to go public.