Bitcoin Reaches a New High, Ethereum in Pursuit!
Bitcoin hit an all-time high of $107,822, up 5.5% from Cuma. Ethereum hit its highest level since Aralık 2021 at $4,081.
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Trump to Use $200 Billion of US Treasury Funds for Bitcoin Reserves
Trump is reportedly planning to establish a strategic Bitcoin reserve using the Exchange Stabilization Fund (ESF). The fund’s total assets exceed $200 billion. If the plan comes to fruition, the US could become the leader in the global Bitcoin reserve race. In addition, some states, including Pennsylvania and Texas, are taking action for Bitcoin reserve legislation, while similar proposals are being discussed in countries such as Brazil, Poland and Japan.
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FTX Restructuring Plan
FTX announced that its court-approved Chapter 11 reorganization plan will become effective on Ocak 3, 2025. The first distribution is expected to be completed within 60 days of the effective date.
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Riot Platforms Buys 667 BTC, Increases Assets to $1.8 Billion
Riot Platforms bought 667 BTC at a price of $101,135, bringing its total Bitcoin holdings to 17,429 BTC. The total market capitalization of the company’s BTC holdings reached $1.8 billion. With this move, Riot’s BTC return per quarter was 36.7% and 37.2% since the beginning of the year.
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Semler Scientific Increases BTC Holdings to 2,084
Semler Scientific of the US bought 211 BTC, bringing its total Bitcoin holdings to 2,084 BTC. The purchase cost was $21.5 million, while the company’s average purchase price per BTC was $80,916.
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OpenAI ChatGPT Search Feature Opens to All Users
OpenAI announced that ChatGPT’s search functionality is now available to all free users. The new feature includes real-time search, advanced voice mode and map integration. Search efficiency has been increased by more than 40% thanks to mobile optimization.
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Ripple’s Stablecoin RLUSD to Launch on Aralık 17
Ripple will launch its dollar-pegged stablecoin RLUSD on Aralık 17. RLUSD will be backed by USD deposits, government bonds and cash equivalents. Monthly reserve confirmations will be made by an independent auditing firm.
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Avalanche 9000 Upgrade Reaches Main Network
Avalanche launched the Avalanche 9000 upgrade, significantly reducing subnetting and smart contract costs. The C-Chain base fee was reduced from 25 nAVAX to 1 nAVAX. The upgrade responds to different regulatory needs with the Etna Module supporting independent chain operation.
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Lido Terminates Operations on Polygon Network
Following a community vote, Lido announced that it will cease operations on the Polygon network in the coming months. Lido’s strategic focus on Ethereum and Polygon POS’ scalability issues are cited among the reasons for this decision.
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Vana Completes Testnet Airdrop Rewards
Vana has completed the airdrop process of testnet community rewards. Users can check their airdrop rights by adding the Vana network to their wallet.
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Ethena Launches BlackRock-Backed Stablecoin USDtb
Ethena launched its new stablecoin USDtb, which uses BlackRock’s BUIDL product as a reserve fund. USDtb reached a high of 90% of its total reserves dedicated to BUIDL allocation.
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Pudgy Penguins PENGU Tokens Available to Claim on Aralık 18
Pudgy Penguins announced that its ecosystem token PENGU will be available to be claimed as of Aralık 18th. The claim period will last for 88 days, after which unused tokens will be burned.
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