0xFishy

😈It's that familiar time again:
No extra points for mouth actions, money can't be stuffed in, Alpha can't get it, YT is getting backfired, the test net is a waste, meme chasing the peak

We're so back!

Today is the solar term of Major Cold❄️, and the long-awaited light snow has started. Can I have a meal of dumplings before the New Year?🥟

1️⃣ The Trump family's net worth has reached 6.8 billion dollars, with cryptocurrency projects contributing 1.4 billion dollars. I wonder which year the taxes from Goose City will be received!

2️⃣ Portugal ordered Polymarket to cease operations within 48 hours due to illegal political betting; they just can't manage it, can't manage it😂

3️⃣ MegaETH will launch its public mainnet on January 22, starting a global stress test aiming to handle 11 billion transactions. Make ETH Great Again!

4️⃣ The New York Stock Exchange is developing a tokenized stock trading platform, capable of 24/7 trading. It's very interesting; the trend towards tokenization is unstoppable🚗

$BTC

What is a16z doing with 15 billion?

Today's big news, a16z has raised 15 billion
1️⃣ a16z is upgrading VC to infrastructure that influences technological direction
The key signal from this fundraising is a change in roles. a16z is no longer just allocating venture capital but is also shaping technology routes, entrepreneurial incentives, and policy expectations, actively participating in deciding which technologies are worthy of being supported with resources.
2️⃣ AI and Crypto competition 🟰 geopolitical competition
As leading institutions clearly view it as a national key framework, the choices available to entrepreneurs change accordingly. Technology routes, financing channels, and market access will increasingly be associated with positions.
3️⃣ Highly concentrated capital will accelerate industry reshuffling rather than inclusive innovation
18% of annual funding is concentrated in a few directions, indicating a clear bias in resource allocation. Strong narrative tracks will quickly amplify advantages, while innovations lacking policy consensus will encounter ceilings sooner.

#a16z

The weather is cold, suitable for drinking lamb soup🐑～ Continuing to pay attention to the market
1️⃣Strategy last week invested 1.25 billion USD to increase holdings of 13,627 Bitcoins, the BTC concentration is getting higher, not afraid of bankruptcy liquidation
2️⃣BlackRock deposited 3,143 BTC and 7,204 ETH into Coinbase, with a total value exceeding 300 million USD, is it you who keeps dumping the market?!
3️⃣The reshuffle of China's payment industry is accelerating, leading institutions are investing heavily overseas in search of growth space, the number of licensed institutions in the industry has decreased by more than 40% compared to its peak, and domestic rates remain low, prompting leading companies to expand into overseas markets. Those only doing domestic payments can sleep it off, the soup has been divided by Alibaba and Tencent, not going abroad to do cross-border business or crypto is just waiting to die!
4️⃣Tennessee has ordered Kalshi, Polymarket, and Crypto.com to stop providing sports event contracts to residents, the block generation is unstoppable like the wheels of history
5️⃣Coinbase is pressuring US lawmakers to oppose the proposal in the CLARITY Act that prohibits certain decentralized finance terms. The banking sector is concerned that stablecoin rewards could siphon off trillions of dollars from the traditional banking system, and stablecoins have become Coinbase's main source of income. The foundation of their existence is under threat🆘

Here we are again 🇭🇰 eating and drinking, the difference from last time is that all the currency exchange shops have disappeared hhhhh
#HongKong

Alpha forgot to brush for a day, wasted 15 days 😅 can't cry, no tears!

The north has started to snow❄️, and the market remains dull, with no conscientious airdrops. Let's check the news🥶
1️⃣Singapore's Gulf Bank launched a Solana-based stablecoin minting and redemption service at the Abu Dhabi conference, connecting traditional banking infrastructure with blockchain technology. Customers can now create and redeem stablecoins directly on the Solana network through the bank's platform. It reminds me of Jack Ma's saying, if banks do not change, we will change banks💪
2️⃣Mining company Bitdeer produced 136.3 coins this week $BTC , increasing total holdings to 1,994.1 coins. Bull market for trading coins, bear market for mining⚒️
3️⃣Tether submitted a binding all-cash offer to acquire 65.4% of Juventus Football Club. Goodness, when did it become the first on-chain ⚽️ club? $USDT

The historical convergence of the 10-year government bond yields of China and Japan indicates that the prospects of the two countries in the eyes of the market are diverging. China's interest rates remain low, while Japanese rates are steadily rising, showing a clear trend of divergence🔍

1️⃣ Low Chinese interest rates correspond to market judgments
The decline in China's long-term interest rates reflects a cautious attitude towards economic growth momentum, inflation levels, and asset returns. The market faces a shortage of investable targets and tends to prefer buying safe assets like government bonds, leading to further downward pressure on interest rates. Additionally, interest rates are nearing the policy floor, making the balance between stabilizing the exchange rate and stabilizing growth more sensitive.

2️⃣ Structural changes indicated by rising Japanese interest rates
The increase in Japanese yields is driven by factors such as rising inflation, improved wages, and the recovery of corporate profits. The market is beginning to accept the possibility that Japan may remain in a more normal interest rate range for the long term. Although financing costs have risen, the quality of economic operation is expected to improve as a result, making yen assets attractive again.

3️⃣ The core significance of the phenomenon
The divergence in interest rate directions between the two countries has implications that are much deeper than the numbers themselves. China is in a phase of low returns and weak risk appetite, while Japan has entered a path of interest rate normalization and structural recovery. Future regional capital flows, exchange rate trends, and long-term asset pricing may continue to evolve along this divergent path.

The decades-long era of low interest rates in Japan is coming to an end: inflation is rising, wages are moving, and businesses and the market are slowly waking up from hibernation. Will yen assets regain their former glory?

💰U.S. Treasury bonds are not only essential investment reserves for governments around the world but also the ballast and cash cow for stablecoin companies. However, for ordinary people in mainland China, there are still some obstacles to buying U.S. Treasury bonds directly! A year ago, I prepared a whole bunch of proofs like investments, addresses, jobs, etc., rushed to make an appointment to open a bank account at dawn, ran from Shanghai to Hong Kong to queue for account opening, and then exchanged currency and opened an account to finally purchase a U.S. Treasury bond fund.

💡Now, @Theo_Network has launched thBILL, which turns short-term U.S. Treasury bonds and other assets into on-chain tradable, lendable, and composable tokens. This asset balances safety and returns at an institutional level~ You no longer need to go through the hassle of opening overseas accounts to buy U.S. Treasury bonds and related products, nor do you have to run to 🇭🇰🇺🇸 to prepare a lot of KYC materials and endure the hassle; you can easily and securely buy on-chain, lying at home and enjoying the returns!

🤵The first product is so powerful, thanks to a strong team from top high-frequency trading institutions like Optiver and IMC, along with reliable partners Libeara and FundBridge responsible for the issuance channel, and Wellington for asset management, giving peace of mind and no fear of Rug.

👑Beyond thBILL, another ace launched by Theo is the on-chain gold fund MG999 (thGLD). It transforms gold, traditionally seen merely as a store of value, into a yield-generating composable asset, pushing gold into a whole new way of use. The on-chain gold fund can bring stable dollar returns to holders while maintaining the support of physical value through collateral and on-chain liquidity mechanisms. 😠Recently, gold prices surged dramatically, and many banks even suspended physical gold withdrawals, which is so un-web3! Gold and Bitcoin should be kept in your own wallet for peace of mind. Compared to offline gold, thGLD does not require storage, has high liquidity, and can be traded at any time. Partners Mustafa Gold, Libeara, and FundBridge have the backing of Standard Chartered Bank and the Monetary Authority of Singapore.

📰Recently, in the two rounds of deposits totaling $1.325 billion for $STABLE , the first batch of $75 million will be used to mint thBILL. Stable is not a symbolic meaning; pulling out real cash $75 million clearly votes for the safety, compliance, and operational capability of the thBILL product 🤝Go buy thBILL's PT on Pendle now to enjoy a 9% interest rate, and buying YT can enjoy 50 times the principal return!

$BEAT Since entering December, the increase has exceeded 100%! The market value has surged to 200M, is it the old tree blooming?! 🎉🎉🎉

For the tokens of chain games, retail investors only need to focus on three points: users, revenue, and destruction. Audiera has provided evidence on the chain:
1️⃣ The rhythm IP Dance Dance Revolution has a user base of six hundred million, who dares to say they haven't heard of it? There are a total of five million Web3 users on the chain bringing active traffic.
2️⃣ The AI Payment has generated over 148,900+ BEAT in revenue shortly after its launch, and is destroyed weekly. The revenue address and destruction records are all publicly available on the chain, with the first batch destroying 125,000 BEAT! It can convert the traffic attracted by the gameplay into continuous payments, and then turn payments into token support, and the flywheel starts rolling～

Want to compare with other chain game tokens? Here are three practical steps: first, check the recent active wallet numbers and monthly flows on the data platform; second, look at the revenue composition to distinguish between in-game payments and one-time sales; third, verify the on-chain destruction contracts and records. By comparing Audiera's activity, flow, and destruction against high FDV sentimental tokens in a table, the differences can be quickly identified. Retail investors should focus their energy on evidence that can be verified on the chain, making it easier to grasp long-term winning rates 🫴

Remember those years playing Dance Dance Revolution on a big-headed computer? Choosing songs together, rolling the keyboard together. Later, everyone got busy with school and work and never played together again, until I saw Audiera a few days ago and suddenly remembered a sentence: if we can still jump a game together in the future, it means we haven't been defeated by life, and the song 'Do You Want to Dance?' by New Pants echoed in my ears again. 😭😭😭😭😭😭😭

#BEAT

$FHE 's recent performance is hard to ignore, with the contract price quadrupling in the last 3 days, and the total trading volume approaching 30B, instantly ranking it in the TOP 20! This level is no longer a small coin market, definitely considered a mainstream candidate's trading depth～
There must be a reason for this 😂 Binance recently published a detailed educational article explaining FHE, emphasizing its applications in finance, healthcare, and retail.
Let me briefly introduce: FHE is an advanced encryption technology that allows computations to be performed without decrypting data, commonly used to enhance the security of blockchain, AI, and data privacy. Many third-party websites have also focused on Binance's movements, all believing that FHE is the foundational technology for privacy computing, jointly sparking a trading frenzy for FHE hhhhh. This round of market activity has proven that the market has begun to price in the narrative and fundamentals of $FHE .

#FHE

Happy weekend, let's take a look at today's news:
1️⃣ WeBank and Furon Bank launched blockchain data verification credit reports in Hong Kong and issued the first unsecured loan; the two banks implemented a blockchain system to verify user data for credit assessment, enabling them to provide loans to borrowers without physical collateral. Soon there will be on-chain Sesame Credit scores, haha 🔍
2️⃣ Terminal Finance has ceased operations due to delays with the Converge chain; bad news is here, the yield farmers have been farmed again. Fortunately, all user funds are unaffected and can be fully withdrawn, and Pendle positions can still earn some Ethena Sats rewards to recover losses 😭
3️⃣ The Chief Marketing Officer of OpenSea denied the suspected leak of $150 million public offering information from Coinbase, who knows, they might admit it in a few days, but they want to cut more than $150 million 😂 It turns out that people farm projects, now it's projects farming people.
4️⃣ Swedish payment giant Klarna launched the KlarnaUSD stablecoin in advance on the Tempo blockchain; Klarna plans to provide faster and cheaper cross-border payment services for its 114 million customers, the wheels of the times are unstoppable, and users will vote with their feet 🦶

Today, the wealth god is in the northeast, the deity is in the golden treasury, and it is an auspicious day
1️⃣ $0G surged to 7 USDT, classic retail investors have no coins, the big players are pulling the market, and it took a long time to finally receive the airdrop!
2️⃣ Futu and Tiger Brokers further close the account opening channels for mainland residents, cherish and trade in US stocks
3️⃣ Coinbase's credit card partner Cardless completed $60M financing, led by Spark Capital, great!
⏯️ I went indoor skiing, the snow ticket + coach cost 100 U!

📌Anoma eligible for mouth play, NFT season 2 only gives it, counter play
📌0g wallet eligible, heard about the random witch
📌Lombard didn't do it, heard about the big counter play
📌Okx Boost low guarantee died, squeezing the line is very lose
📅Last night, three Checkers came out in a row, check the yellow calendar, Year of the Yin Fire, Month of the Yin Rooster, Day of the Wu Rat, Wu is not affected by the field, the master is ominous, Zi does not ask for fortune and brings disaster. The value god is the commander, is the solar day, but all matters are not suitable! A bit complicated!

Today's News Highlights:
1️⃣ Gold prices hit an all-time high, investors are cautious about U.S. stock futures, and the market has been stagnant recently
2️⃣ Starknet experiences its second mainnet interruption in two months, not far from shutting down
3️⃣ Bitget upgrades $BGB to Morph blockchain token, destroying 220 million tokens, soaring directly
4️⃣ Venus protocol loses $27 million on the BNB network due to controller tampering, damn!!!

Today's News Focus:
1️⃣ Yunfeng Financial collaborates with Ant Group's Digital Technology to strategically invest in the Pharos public chain, aiming to push back
🆘
2️⃣ Cobo partners with JD Technology to develop an RWA tokenization stack, approved by Cyberport, facing challenges in compliance implementation
3️⃣ Binance launches a web wallet referral program, with commissions up to 80%
4️⃣ Japanese game company Gumi plans to invest $17 million to purchase XRP to expand its financial business, stepping on its own toes

I haven't paid attention to TON for a long time. I heard that Telegram uses TON for advertising revenue sharing in channels, and I checked the channel backend and there is already a balance. This means that both creators and advertisers are brought into the same growth flywheel 🔄. I need to manage the channel well and earn some passive income! I hope the revenue-sharing mechanism remains transparent, efficient, and long-lasting 😋
#Ton $TON

Today's News Focus:
1️⃣ Tether appoints former White House Crypto Council Executive Director Bo Hines as a strategic advisor, the white glove has arrived.
2️⃣ Polymarket predicts a 71% chance of a Federal Reserve rate cut in September, small stablecoin companies really need to be careful.
3️⃣ The Governor of the Bank of Korea suggests gradually introducing a won stablecoin starting from banks, being quite cautious.