XXI CEO Jack Mallers stated in a Bloomberg livestream that XXI will significantly increase its Bitcoin holdings. （The Bitcoin Historian）

[The Federal Reserve's Overnight Reverse Repo Usage Rises to $10.361 Billion] On Wednesday (December 17), the Federal Reserve's Overnight Reverse Repo Agreement (RRP) usage stood at $10.361 billion, compared to $1.554 billion on the previous trading day.

Hut 8, a listed Bitcoin mining company, signed a $7 billion data center transaction supported by Google, driving its stock price to soar in early Wednesday trading. （Decrypt）

[Under Pressure from Trump, Venezuela's Inflation Soars to 556%] As U.S. President Trump intensifies financial isolation against Venezuela, the country's inflation rate has surged dramatically. A weekly index compiled by Bloomberg shows that Venezuela's inflation rate soared to 556% in the 12 months ending December 17, far exceeding the 219% recorded at the end of June and the annual rate of 45% for 2024. Since its launch in 2016, the index has repeatedly recorded annualized readings exceeding 100,000%. Currently, approximately 90% of private sector employees are paid in U.S. dollars.

[New Wallet Buys 113,000 HYPE, Will Continue Accumulating Approximately $2 Million HYPE] On December 18, a newly created wallet address minted $12.1 million USDC on Arbitrum, then deposited $5.1 million into Hyperliquid and purchased 113,000 HYPE (approximately $3 million) and 0.5 BTC (approximately $43,000). The wallet is using a TWAP strategy to continue buying approximately $2 million HYPE over the next 50 minutes, with around $7 million USDC still remaining on the Arbitrum network.