News

PANews reported on December 31 that Tom Lee, co-founder of Fundstrat and chairman of BitMine, wrote on the X platform: "Typically, during these last holiday trading sessions, many institutional investors exit the market, and algorithmic trading programs and bot trading programs begin to dominate the market, along with sell-offs for tax avoidance. These constitute the market dynamics in the last few days of December." Previously, in BitMine's announcement of acquiring 44,463 ETH last week, Tom Lee mentioned that market activity tends to slow down as the year enters its final weeks of holiday season. Year-end tax-avoidance selling depresses cryptocurrency and cryptocurrency-related stock prices, with this effect typically most pronounced between December 26th and December 30th; therefore, they are adjusting their market strategy accordingly. Earlier today, it was reported that Bitmine pledged another 118,944 ETH and increased its holdings by 32,938 ETH .

BlockBeats news, December 31, according to CME "FedWatch": The probability of the Federal Reserve cutting interest rates by 25 basis points in January next year is 14.9%, while the probability of keeping rates unchanged is 85.1%.By March next year, the cumulative probability of a 25-basis-point rate cut is 45.2%, the probability of keeping rates unchanged is 48.3%, and the cumulative probability of a 50-basis-point rate cut is 6.5%. (Jin10)

Deep Tide TechFlow News, December 29th: According to official Sky Protocol announcement, Sky Protocol repurchased 29.3 million SKY tokens last week using 1.9 million USDS. It is reported that since the repurchase program began, Sky Protocol's total repurchase amount has exceeded 96 million USDS.

PANews reported on December 30th that, according to BitcoinTreasuries.NET, Strive CEO Matt Cole stated, "Over the past five years, Strategy (MSTR) has outperformed Bitcoin and gold. This remains true even when Bitcoin's price reaches $75,000, or when its mNAV multiple is only 1x."

BlockBeats news, December 30, according to Onchain Lens monitoring, the whale address that previously sold 255 BTC has further increased its 10x BTC short position, and added 10x ETH and 20x SOL short positions. Current position value is $169 million:· 36,281 ETH ($106.5 million)· 552.25 BTC ($48.16 million)· 114,677.21 SOL ($14.13 million)

ChainCatcher reports, Strategy Executive Chairman Michael Saylor tweeted, "Back to Orange (implying another increase in Bitcoin holdings)." Subsequently, gold advocate and economist Peter Schiff questioned the source of funds, replying, "Where will you get the funds to buy more Bitcoin? Will you use the reserves just built by reducing stock holdings? Or will you sell stocks at a discount below net asset value, thereby generating negative Bitcoin returns?"

BlockBeats News, December 29 – According to a report by Cointelegraph, a proposal in California to impose a 5% tax on billionaires' wealth has faced strong opposition from cryptocurrency executives. They argue that it would trigger an exodus of entrepreneurs, capital flight, and ultimately be wasted regardless.The proposal, named the '2026 Billionaire Tax Act,' aims to introduce a ballot measure that would levy a 5% tax on individuals or entities with a net worth exceeding $1 billion to fund healthcare systems and state assistance programs. According to SEIU United Healthcare Workers West, because this proposed wealth tax partially targets unrealized gains, some billionaires may need to sell stocks or parts of their businesses to raise funds for tax payments. The tax can be paid in a lump sum or spread over five years with interest.Industry veterans in the cryptocurrency sector, including Bitwise CEO Hunter Horsley and Kraken co-founder Jesse Powell, believe that this measure would only lead to billionaires leaving the state, resulting in negative consequences.

BlockBeats News, December 29, according to HyperInsight monitoring, 'Machi Big Brother' Huang Licheng closed his HYPE long position in the past hour, with a profit of only $3,000. In the past 10 minutes, he increased his ETH long position to $24 million, with an opening price of $2,973.44 and a liquidation price of $2,813.72.

BlockBeats news, December 29, according to HyperInsight monitoring, as ZEC price has been continuously rising since the 27th (cumulative increase of approximately 22%), the open interest (OI) of ZEC on the Hyperliquid platform has significantly increased, with the largest long and short positions on-chain both simultaneously increasing their bets.The "largest ZEC short" address has recently continued to add to its short positions, with the position size rebounding to $19.84 million, at an average price of $417, currently with an unrealized loss of approximately $4.51 million (-113%). Since opening short positions on ZEC in October, this address has been frequently active, having reduced its short position size from $16.5 million to $9.1 million on December 17, and now adding to it again. Currently, its total short position size has increased from $113 million to $163 million, making it the largest short position holder for ETH, ZEC, and MON on the platform.At the same time, a certain whale (0x6b2) significantly increased its 3x leveraged long position yesterday at an average price of $520. The current ZEC long position size has reached $32.2 million, with an average price of $431, and an unrealized profit of approximately $6.53 million (60%), making it the largest long position holder for ZEC on-chain.

BlockBeats news, December 29, according to HTX market data, Bitcoin broke through $89,000, with a 24-hour increase of 1.63%. Ethereum rebounded above $3,000, with a 24-hour increase of 2.1%.