Bitcoin Miners Cipher and CleanSpark Upgraded by JPMorgan as HPC Shift Accelerates

[Grayscale Discloses Dogecoin ETF Holdings of Approximately 11.136 Million Coins] Grayscale officially disclosed details of its Dogecoin ETF. Currently, the Grayscale Dogecoin Trust ETF (GDOG) holds approximately 11.136 million Dogecoin, with a total asset under management of about $1.546 million. The related assets are custodied by Coinbase Custody.

[Ondo Finance Strategic Investment in Figure Stablecoin YLDS $25 Million] Ondo Finance announced a strategic investment of $25 million in the stablecoin YLDS launched by a subsidiary of Nasdaq-listed company Figure. The investment aims to enhance the yield sources of its flagship tokenized fund OUSG and improve diversified allocation.

[Monad Mainnet Officially Launched] Monad announces that the mainnet has officially launched.

The total supply of MON is 100 billion tokens, with 10.8% currently unlocked and in circulation.

[Citigroup Maintains 12-Month Bitcoin Target Price at $181,000 Unchanged] Citigroup analyst Alex Saunders stated that $80,000 is a key level for Bitcoin ETF holders and believes that regulatory breakthroughs next year may restore demand. Citigroup maintains its 12-month target price for Bitcoin at $181,000. Alex Saunders pointed out that long-term holders remain cautious, while newcomers lack reasons to engage when Bitcoin is below critical technical levels.