Ripple CEO Garlinghouse predicts crypto 'reset' after US election, criticizes Biden administration

[Musk May Represent the Republican Party in the 2026 Midterm Elections] Musk may represent the Republican Party in the 2026 midterm elections, as he has already begun funding Republican campaigns for the House and Senate in the 2026 midterms. This indicates that Musk's relationship with President Trump, which had fractured earlier this year, has thawed. During a dispute with Trump this summer, Musk had threatened to form a third party called the 'American Party,' but he has now firmly returned to the Republican camp.

[Singapore Digital Trade Platform Olea Completes $30 Million Series A Financing] Singapore digital trade platform Olea has completed a $30 million Series A financing round, with investors including Banco Bilbao Vizcaya Argentaria (BBVA), XDC Network, theDOCK, and SC Ventures under Standard Chartered Bank. The funds from this round will be used to accelerate the deployment of AI and Web3 solutions in high-growth markets, as well as to enhance products such as embedded finance and risk analysis. Since its establishment in 2022, the Olea platform has obtained a CMS license from the Monetary Authority of Singapore (MAS), providing over $3 billion in financing to more than 1,000 enterprises across 70+ trade corridors.

CryptoQuant analyst @ IT_Tech-PL pointed out that long-term Bitcoin holders are once again selling during the strong market period, and the surge in 30 day LTH distribution is one of the largest in the past 5 years. This phenomenon usually occurs near the macroscopic top rather than the bottom. （CryptoQuant）

[U.S. Spot XRP ETF Cumulative Net Inflows Surpass $1 Billion] Since its launch in November, the U.S. spot XRP ETF has seen cumulative net inflows surpass $1 billion, with a single-day net inflow of $10.89 million on Monday. On the same day, the spot Solana ETF recorded a net inflow of $35.2 million, bringing its cumulative total to $711 million. Meanwhile, the spot Bitcoin ETF saw a single-day net outflow of $358 million, and the spot Ethereum ETF recorded a net outflow of $225 million. Kronos Research Chief Investment Officer Vincent Liu stated that the spot XRP ETF surpassing $1 billion in fund size reflects a growing institutional interest in assets with regulatory clarity beyond BTC and ETH.

[VOOI Announces Airdrop Rules and Eligibility Criteria, Claim Opens on December 18] Cross-chain Perp DEX aggregator VOOI has announced the airdrop rules and eligibility criteria. Eligible users can start claiming the VOOI token on the VOOI App from December 18 at 8:00 PM (UTC+8), with a validity period of 30 days. Users eligible for the airdrop include VOOI trading point earners, traders on VOOI V1 between May 9 and June 31 this year, and qualified participants who ranked highly in the VOOI x Cookie joint event. VOOI stated that every registered VOOI account claiming the airdrop will undergo a multi-layer anti-sybil attack review process.