Wu Blockchain
Search documents
X @Wu Blockchain
Wu Blockchain· 2025-12-12 08:59
Tom Lee: $3,000 ETH Is the Most Undervalued AssetBitmine Chairman Tom Lee stated at the Binance Blockchain Week on December 4th that $3,000 Ethereum is grossly undervalued, and that the current decline in the crypto market is mainly related to deleveraging, rather than the so-called "four-year cycle." He believes the price of Ethereum has indeed bottomed, revealing that they purchased nearly 100,000 ETH last week, double the amount bought in the previous two weeks. He predicts: "Bitcoin will reach $250,000 ...
X @Wu Blockchain
Wu Blockchain· 2025-12-12 06:19
According to KBS, Binance was asked by South Korean police to freeze crypto assets stolen from Upbit but froze only part of the funds. Authorities requested a freeze on about 470 million KRW in Solana tokens, but Binance, citing the need for further verification, froze only 17% of the amount (around 80 million KRW) and did so after a roughly 15-hour delay. https://t.co/QG05lvy5Qq ...
X @Wu Blockchain
Wu Blockchain· 2025-12-12 05:17
On December 11 (ET), U.S. spot Bitcoin ETFs recorded a total net outflow of $77.34 million, with Fidelity’s FBTC leading at a $104 million outflow. Spot Ethereum ETFs saw a total net outflow of $42.37 million, with 21Shares’ TETH being the only product to post net inflows. Spot Solana ETFs recorded total net inflows of $11.02 million. https://t.co/LRUeJvGjtU ...
X @Wu Blockchain
Wu Blockchain· 2025-12-12 04:34
Members of the U.S. House Financial Services Committee sent a letter to SEC Chair Paul Atkins urging rule updates to allow Bitcoin and other digital assets in 401(k) plans. The move aligns with President Trump’s directive to expand retirement investment options. Lawmakers also called for easing the “accredited investor” definition and for the SEC to coordinate with the Department of Labor on related rules.https://t.co/48RrbjJKvX ...
X @Wu Blockchain
Wu Blockchain· 2025-12-12 03:41
Sei issued a clarification regarding the “Xiaomi partnership” rumors, stating that the collaboration is limited to pre-installing a Sei-based mobile financial application on Xiaomi devices to provide users with a Web3 entry point. It does not involve Xiaomi supporting or operating any digital asset payment or stablecoin functions at this stage, and related app capabilities will be rolled out over time.https://t.co/VT6wik9SQm ...
X @Wu Blockchain
Wu Blockchain· 2025-12-12 02:43
The U.S. Commodity Futures Trading Commission (CFTC) has issued no-action letters to Polymarket, PredictIt, Gemini, and LedgerX/MIAX, granting conditional relief from certain recordkeeping and data-reporting requirements. The move means the regulator will not pursue enforcement as long as the platforms meet specified compliance conditions while operating their prediction-market and derivatives services. https://t.co/GYM3RPfGQb ...
X @Wu Blockchain
Wu Blockchain· 2025-12-12 01:47
According to Bloomberg, Coinbase is expected to announce the launch of new features—including proprietary tokenized U.S. equities—at its December 17 event. Screenshots of the upcoming application have been circulating on X for weeks, though the company has not formally disclosed the product. A spokesperson declined to comment on details, saying more information will be revealed during the livestream. https://t.co/1KetYJ4oWT ...
X @Wu Blockchain
Wu Blockchain· 2025-12-12 01:10
Strategy CEO: Bitcoin Will Rise an Average of 21% Per Year Over the Next 21 YearsIn an interview with What Bitcoin Did on November 28, 2025, Strategy CEO Phong Le discussed Bitcoin's potential performance over the next several years, referencing Michael Saylor's model of "21% annual appreciation for the next 21 years", which he believes is a reasonable long-term expectation. He noted that as long as Bitcoin's long-term returns exceed the S&P 500's 14–15% annualized performance—whether that means 30%, 20%, o ...
X @Wu Blockchain
Wu Blockchain· 2025-12-11 23:13
DTCC said its subsidiary DTC has received a No-Action Letter from the U.S. SEC authorizing a three-year, controlled-production tokenization service for DTC-custodied assets, with rollout expected in the second half of 2026. The authorization permits tokenizing traditional assets on approved L1 and L2 networks, with the digital versions carrying the same rights and protections as their conventional forms. https://t.co/9dMNJgJHD6 ...
X @Wu Blockchain
Wu Blockchain· 2025-12-11 22:14
According to Inner City Press, over a four-year period Do Kwon publicly misled the market, fabricated the stablecoin mechanism, and concealed the support arrangement with Jump Trading, ultimately causing more than $40 billion in losses and harming hundreds of thousands of investors. The judge imposed a 15-year prison sentence. https://t.co/h2ypKAQztS ...