Emily Vuong

📍Efforts to save the memecoin ecosystem $TRUMP : The game title Trump Billionaires Club is launching with token $TRUMP and #NFT

📌Freedom 45 Games confirms that the game title #Trump Billionaires Club will be released on 30/12/2025. The game simulates the style of Monopoly, rolling dice, buying properties, expanding the financial empire..., set in New York and using TRUMP Coin as the currency in the game.

📌Players can pay with fiat or crypto, meaning no Web3 wallet is required to play, expanding user accessibility. The game integrates NFT to unlock items, characters, and rewards in the game.

📌The project is offering an incentive of $1M TRUMP for early registrants. This is an effort to regain liquidity for the token $T$TRUMP to be released further in the future, perhaps.

📌Importantly, these products are all "licensed to use the name of Trump", not operated by Trump or those directly related (theoretically).

$TRUMP

📍 Strive raises an additional $500M to buy Bitcoin – a new “MicroStrategy” is forming

📌 Strive has just announced a preferred stock offering program worth $500M, with the direct aim of accumulating more Bitcoin and expanding its BTC-related asset portfolio. This is the next step after the company has accumulated 7,525 BTC (~$694M), placing them among the businesses holding the most Bitcoin currently.

📌 The filing submitted to the SEC shows that the raised capital will be used for “general purposes,” but Strive emphasizes that the top priority is to increase the amount of BTC held, similar to MicroStrategy's treasury strategy: borrowing from the market to expand Bitcoin positions.

$BTC

📍 The cluster of wallets related to Silk Road is active again after more than 10 years
📌 On-chain data shows that 312 BTC wallets labeled Silk Road have simultaneously resumed activity a few hours ago, transferring approximately $3.14M Bitcoin after more than a decade of near inactivity. The majority remaining ($41M BTC) is still in the wallets.
📌 There is no evidence to predict who is controlling these wallets. This is not a wallet seized by the US government, it does not match the clusters of wallets previously published by US Marshals, nor is there any evidence related to Ross Ulbricht or the old Silk Road team.
📌 The Silk Road-linked label only reflects transaction history from the period 2010–2013 as there were transactions with Silk Road wallets.
📌 The behavior of moving money resembles a consolidation + security upgrade, merging many old addresses into a new bech32 wallet. It seems that the owner is updating security to avoid the risk of being attacked due to quantum technology or to standardize security, rather than preparing to sell.
📌 Back in May, a series of similar wallets also transferred over 3,400 BTC (~$300M) but did not deposit on exchanges at all. And the number $BTC stored in this wallet is not too large, so it does not create psychological pressure on the market. $BTC

📍 Memecoin Year of the Yellow Fruit was accused of insider trading at Binance but the price still pumped strongly

📌 A Binance employee was found using internal communication channels to post announcements about the Year of the Yellow Fruit token right at the launch time, then removed it after a few minutes. This behavior raised suspicions of exploiting insider information for profit.

📌 Despite the noise, the token surged sharply: just about an hour after release, the price skyrocketed to a new high, with a market cap nearing $5M and trading volume reaching tens of millions of USD.

📌 The number of holding wallets increased rapidly, the FOMO effect spread widely, and the influx of capital was stronger even though the internal incident had not been fully explained.

📌 Binance stated that it is investigating the violation and has temporarily suspended the related personnel.

📍 BlackRock is seeking to launch an Ethereum ETF integrated with staking – a move that could change how institutional capital approaches $ETH

📌 BlackRock has filed to establish the iShares Staked Ethereum Trust, an ETF that tracks the price of ETH while simultaneously staking a large portion of the ETH held to generate additional yield. This is an upgrade model from the traditional spot ETF: instead of just holding, the fund can turn ETH into a cash-generating asset.

📌 Under normal conditions, the fund can stake 70–90% of the assets. ETH is securely custodied, and staking activities are delegated to professional validator providers to reduce operational risks. All staking rewards will be redistributed to investors.

📌 The ETF is expected to trade under the code ETHB. The biggest difference lies in the yield mechanism: traditional investors do not need to understand on-chain technology to receive staking rewards as a form of passive income.

📌 If approved, the amount of ETH "locked" for staking will reduce the circulating supply. In the context of consistent burn from EIP-1559 and always low net issuance, a large-scale staking ETF could tilt the supply-demand structure of ETH clearly towards a deficit.

📌 This is also the next step in the strategy to integrate crypto into traditional finance: transforming ETH from a speculative asset into a cash-generating asset. With a history of prioritizing yield-bearing products, institutions may see this as a gateway to allocate capital to Ethereum in a more familiar way.

$ETH

📍 New on-chain signal of Bitcoin just before FOMC

📌 More than 2,400 BTC have "awakened" after 10 years of being idle and have been moved only within a few days - equivalent to about $215M. This is a group of long-term coins, often associated with long-term holders → and their beginning to move is always a market signal to pay attention to.

📌 The Coin Days Destroyed metric has surged, indicating that the amount of "old coins" is breaking out of a long sleep cycle. History shows that this pattern is often accompanied by distribution, not accumulation.

📌 This occurs just as the market stands before the FOMC meeting. If the Fed cuts rates contrary to expectations, or keeps interest rates higher than the market expects, the supply pressure from the long-term coin group will create even stronger volatility.

📌 Conversely, if the Fed loosens enough, new liquidity may absorb the revived supply - but the issue remains that the inflow into crypto is still quite weak compared to the beginning of the year.

📌 The market will need new demand to absorb the long-term coins returning. If not, this is a risk of correction rather than a bullish signal. $BTC

📍 Farcaster officially abandons the dream of a Web3 social network and focuses on building wallets

📌 After more than 4 years pursuing Web3-social, interactions hit rock bottom, users are exhausted, and the model has not generated sustainable growth. Despite raising $150M with a valuation of 1B, Farcaster has to admit that "social-first" does not have enough traction.

📌 New direction: turning wallets into the center. User identity, interactions, and on-chain experiences all revolve around the wallet. Farcaster expands to many chains like BNB Chain, Solana… and has recorded over 100,000 real deposit wallets.

📌 The community is divided, with one side viewing this as a reasonable turn to survive; the other side believes Farcaster is losing the soul of Web3-social, turning the platform into a place for financial transactions rather than human connections.

📌 Recent research data shows that the tip/token model boosts post volume, but does not improve content quality, as most interactions are random and do not create a true social network.

📌 Ultimately, Farcaster admits a truth: Web3-social is not meant for this moment. Wallets, on-chain identity, and cash flow are what retain users.

📍 zkSync Lite will be discontinued starting in 2026.

$ZK

📌 zkSync confirms that it will completely shut down the zkSync Lite (1.0) version – the first-generation ZK-rollup solution launched in 2020. This system has fulfilled its historical role and will no longer be updated.

📌 User assets remain safe. Withdrawals to Ethereum Layer-1 will continue throughout the "sunset" process. zkSync will announce migration guidelines next year.

📌 The main reason: Lite has become outdated infrastructure, with low liquidity and minimal activity. zkSync wants to focus all efforts on zkSync Era and the ZK Stack ecosystem, where there is a real demand for smart contracts and scaling.

📌 dApps still running on Lite will need to migrate to Era or a new platform – the Lite ecosystem is effectively ending its lifecycle.

📍 Why are US stocks rising despite the Fed continuing to shrink its balance sheet?

📌 The Fed has cut more than 27% of its balance sheet since the start of QT, but the S&P 500 has still climbed more than 80% in 3 years. The market no longer reacts according to the "old formula" QE = up, QT = down.

📌 The reason: liquidity is not just coming from the Fed. Global capital flows, the huge fiscal deficit of the US, stock buybacks, and bank reserves have offset much of the impact of QT. The market operates based on future expectations rather than current conditions.

📌 Investors are pricing in the scenario of the Fed cutting interest rates in 2025, so money is flowing heavily into large stocks - especially in the technology sector. The upward trend is concentrated and does not reflect the health of the entire economy.

📌 Risks? If interest rate expectations reverse, or growth slows down, the market is standing on thin ground. The divergence between "big caps" and the rest is becoming increasingly clear.

$LUNC
The price of LUNC doubled, adding about $150M to the market cap, after reporter Ian Allison (CoinDesk) appeared on air wearing a t-shirt with the LUNC logo. No technical upgrades, no fundamental news — just simply the effect of the t-shirt image spreading online.

$ETH Continuing to attempt to break the $3,000 mark but failing multiple times, indicating that buying power is not strong enough to push the price out of the consolidation zone. Conversely, the selling side does not completely dominate: volatility is tightening, signaling that a significant break may occur.

📌 Market data shows that volatility is contracting – this is often a precursor to a strong rebound if the capital inflow supports it.

📌 However, if ETH falls below $3,000, the $2,760 zone will be the next retest point – losing this area will worsen the short-term structure.

📌 The MVRV indicator is approaching neutral territory, which means short-term holders may take profits early, creating slight downward pressure in the short term.

📍 Vitalik proposes a "gas futures" model for Ethereum: prepay fees to reduce volatility. $ETH

Vitalik Buterin presented the idea of building a futures market for gas fees – where users can "prepay" for the right to use gas in the future, similar to futures contracts. The goal is to create a transparent pricing mechanism that allows developers and major dApps to predict costs instead of suffering from fee volatility every time the network is congested.
🔸 Users can prepay a gas fee in the future. If gas prices rise, they are protected; if they fall, they bear the risk like traditional futures.
🔸 This mechanism creates a clear price signal about the supply and demand for blockspace in the future, helping to plan costs and stabilize the operations of high-transaction-volume applications.
But this is just an idea:
- Complex product design: determining whether the "underlying asset" is the gas price or the gas quantity is still unclear.
- Low liquidity risk: if there are not enough players, the futures market can easily become distorted.
- Integrating with Ethereum's current system (BASEFEE, gas limit, mempool) will require deep changes and touch upon the structure of EIP-1559.
📍 If this is realized, Ethereum will have a new market layer – derivatives for gas fees – making transaction costs more predictable, increasing attractiveness for organizations, businesses, and dApps that need stable costs. This could also open up a new financial segment around "gas hedging".

📍 APRO (AT) – Oracle for the new generation of AI, DeFi, and RWA

APRO positions itself not as a traditional oracle serving only price feeds, but as an AI-native oracle – a data layer for complex Web3 applications. The project aims to handle both structured data (prices, indices, markets) and unstructured data (documents, images, social data, real asset attributes) – something that most current oracles are unable to do.

🔸 Hybrid architecture: Data is aggregated off-chain, verified by AI/ML, and then pushed on-chain through a decentralized consensus mechanism. As a result, APRO maintains accuracy while optimizing costs and speed.

🔸 Two modes Push – Pull:
• Push is suitable for lending, stable assets, and RWAs that require stable data.
• Pull is for DEX, arbitrage, and applications that need fast data while reducing gas costs.

🔸 Multi-chain – multi-data: APRO operates on multiple blockchains, supporting hundreds of data feeds, expanding its application scope to AI agents, prediction markets, real asset tokenization, and autonomous applications.

Token AT plays a central role: staking for node operators, rewards for data providers, and governance. Total supply is 1B AT, circulating ~23%, with a relatively transparent mechanism for an early-stage infrastructure project.

📌 APRO is the solution for "oracle 3.0" – intelligent, multi-format data, serving AI and RWA, not just basic DeFi. In the context of Web3 entering the AI-driven phase and real assets being digitized, APRO is well-positioned to benefit from the increasingly complex data demand.
@APRO Oracle
#apro $AT

Tom Lee continues to buy $ETH
📌 4 hours ago, BitMine bought 22,676 ETH, equivalent to about $68.67M.

📌 Yesterday, Bitmine also purchased 41,946 ETH with a value of approximately $130.78M.

Is Tom Lee correct? Will $ETH reach 20K next year?

📍 AlphaTON expands ambitions: aggressively acquiring TON and diving deep into Telegram's AI ecosystem $TON

AlphaTON has just submitted its filing to the SEC to unlock the ability to raise $420.69M, officially escaping the “baby-shelf rule” and entering a phase of large-scale investment expansion. This allows them to inject capital more flexibly into TON and the entire ecosystem surrounding Telegram.

📌 Three prioritized capital deployment directions:
🔸 Acquire more TON to expand the treasury – AlphaTON previously spent nearly $100M to acquire TON, and this time they are reinforcing their strategy to become one of the largest holders of TON.
🔸 Invest – acquire projects within the Telegram ecosystem – mini-apps, wallets, payments, content, companies operating on TON… All create a layer of applications that can scale to hundreds of millions of users.
🔸 Strengthen AI infrastructure, especially Telegram's Cocoon AI – AlphaTON has deployed high-end GPUs (Nvidia B200) and is preparing to invest in building decentralized AI infrastructure running on TON.
📌 The market reacted instantly: ATON's stock rose more than 7.5% after the information was released — a signal that investors see this as a strategic move, not a hasty action.

🇺🇸CFTC ALLOWS SPOT CRYPTO TRADING ON U.S. EXCHANGES FOR THE FIRST TIME

🔸For the first time in history, federally regulated exchanges in the U.S. will be allowed to offer spot crypto trading.

🔸Previously, users could only trade spot on foreign exchanges or private platforms like Coinbase, which posed higher risks.

🔸Now, major exchanges regulated by the CFTC, such as CME, can list spot BTC, spot ETH, and many other crypto assets.

🔸This is part of the Trump administration's plan to make the U.S. a global crypto hub.

🔸The new regulations make crypto trading safer, more transparent, and attract more institutional investors.

🔸Crypto is now treated like major commodities such as gold, oil, and natural gas.

💸Base – Layer 2 of Coinbase – has just activated a direct bridge to Solana using Chainlink CCIP, opening up an important integration between the two fastest-growing ecosystems in the market. The bridge allows the transfer of SPL assets (SOL, memecoins, NFTs…) to Base and vice versa, removing the long-standing boundaries between EVM and non-EVM.
▶️Base currently has over 880,000 active wallets daily, TVL $9.1B, and when connected to Solana – the center of retail capital flow – the Base system immediately transforms from an L2 of Ethereum into a multi-chain liquidity hub. The use of CCIP also demonstrates Coinbase's commitment to high-security standards, minimizing the hack risks that have been the weakness of traditional bridges.
▶️The main impacts of this event:
➕Solana liquidity has a pathway into Base, especially in the memecoin and NFT sectors.
➕Dapps on Base can easily integrate Solana assets without needing to rebuild infrastructure.
➕The two largest ecosystems in the market are entering a phase of liquidity integration, rather than competing separately.
👉In other words, Base is not just opening a bridge — they are opening a strategic transportation route between the two strongest growth poles in crypto today.
#solana #base
$SOL

The short command $BTC is continuing its journey