New crypto VC Sigma Capital targets $100 million fund, with $40 million pre-committed

[xStocks is now live on TON, supporting direct trading of tokenized U.S. stocks within wallets] xStocks is now live on TON, allowing users to trade tokenized U.S. stocks directly within wallets such as TON Wallet, Tonkeeper, and MyTONWallet. This feature supports on-chain trading of stocks from hundreds of major companies, including Apple, Tesla, and Microsoft. The tokenization framework is powered by Backed Finance and institutionally verified by Kraken.

[Derive Founder: Bitcoin Options Show Divergence, Funds Lean Towards Caution] Derive founder Nick Forster stated that traders are shifting towards defensive structural setups, with the 30-day implied volatility of Bitcoin rising to nearly 45% and skew remaining around -5%. Market positions are highly polarized, with bullish options accumulating at strike prices of $100,000 and $120,000, while bearish positions are concentrated near the $85,000 strike price. Implied probabilities from options indicate that the likelihood of Bitcoin reaching $100,000 is approximately 30%, while the probability of reclaiming its all-time high is around 10%.

[6,719 BNB Transferred from ListaDAO to Binance via Intermediary] At 20:04, 6,719 BNB (valued at approximately $5.6386 million) were transferred from ListaDAO to BNBProvider (Proxy), and subsequently all were moved to Binance.

[Fed Rate Cut and New Accounting Rules Drive $2.6 Billion Inflows into Crypto Asset Vaults in Two Weeks] Impacted by the Federal Reserve's rate cut on December 10 and the new FASB regulations, crypto asset vaults (DAT), primarily focused on Bitcoin and Ethereum, recorded a net inflow of $2.6 billion over the past two weeks, marking a seven-week high. Strategy Company purchased over 20,000 BTC in two transactions within a single week, with a total value of nearly $2 billion. Funds mainly flowed into BTC and ETH, reflecting the institutional trend of 'flight to quality.' Analysts pointed out that the DAT structure, due to its ability to generate staking yields and participate in mergers and acquisitions, may hold greater long-term appeal compared to spot ETFs.

Bitcoin rose since midnight UTC, while remaining locked in the $86,000-$90,000 range. Against gold, however, it's still falling. What to know : Bitcoin's price remains volatile, trading between $86,000 and $90,000, while its ratio to gold hit a low not seen since January 2024. Funding rates for several major tokens have turned negative, indicating a buildup of short positions in the futures market. Yearn Finance's YFI token dropped nearly 6% after the yield aggregator suffered a $300,000 exploit from a legacy smart contract, its second attack this month.