Market Trends & Crypto Performance - Crypto majors experienced a downturn following Powell's rate cut; BTC decreased by 2% to $90,250, ETH decreased by 4% to $3,200, BNB decreased by 2% to $868, and SOL decreased by 4% to $131 [1] - Fed Chair Powell cut the interest rate by 25 bps, but 2026 forecasts raised concerns about slowing cuts [1] - Memecoin leaders are mostly down; DOGE -5%, Shiba -3%, PEPE -5%, PENGU -10%, BONK -3%, TRUMP -2%, SPX -5%, and FARTCOIN -3% [1] - NFT leaders were mostly down; Punks -4% at 28.9 ETH, Pudgy -1% at 5.2 ETH, BAYC -6% at 5 ETH; Hypurr's -2% at 487 HYPE [2] Institutional & Corporate Activity - Both BTC and ETH ETFs have flipped to net buyers since Nov 20, with $535 million in net inflows for BTC and $574 million for ETH [1] - The Trump family's "American Bitcoin" added nearly $40 million worth of BTC to its holdings [1] - Stripe acquired crypto payments startup Valora, a mobile crypto payments app built on EVM [1] - Superstate announced support for issuing tokenized equity on blockchain platforms (Ethereum + Solana) [1] - Gemini gained CFTC approval for its prediction market to launch in the US [2] Token & Protocol Developments - Meteora disclosed $10 million in MET token buybacks, accumulating 2.3% of its supply in Q4 and said they will continue doing discretionary token buybacks [1] - Fogo shared new ICO details, raising $20 million at a $1 billion valuation with mainnet coming Jan 13 [1] - Surf raised $15 million for its AI platform "built for crypto markets" [2]

Fogo announced the details of their ICO yesterday:$1B USD FDV. So the 2% supply would result in a $20M USD raise.Sale will happen December 17th and TGE is confirmed for January 13th.Presale allocations are 100% unlocked at TGE, together with mainnet, they also announced that they burned 2% of team supply.$1B USD obviously is a lot, pre-market perps on Hyperliquid currently have FOGO at $1.3B USD FDV.Honest thoughts? ...

@ConfidentialLyr No one seems to care but....SEC chair Atkins says, "many ICOs should be considered non-securities and fall outside SEC jurisdiction''Imagine a 2017-style ICO run but with less vaporware?!https://t.co/k2BoWUe8Fv https://t.co/wByQanvXh2 ...

Fogo followed up its ICO announcement with some eye-popping details- $20M ICO- $1B valuation- 100% unlocked- Mainnet coming Jan 13The team is coming out swingingFogo (@fogo):One billion dollar valuation.$20m raise.One hundred percent unlocked at public mainnet launch. In full. Jan 13th. 2026.One presale hosted on its native chain.See you Dec 17th 🫡🧵 ...

Market Trends & Cryptocurrency Performance - Crypto majors experienced a pump and dump ahead of the FOMC meeting, with ETH leading the gains at +6% [1] - Bitcoin reached $91,900, Ethereum at $3,320, BNB at $885, and SOL at $137 [1] - ZEC (+11%), ADA (+3%), and DASH (+3%) led the top movers in the cryptocurrency market [1] - Memecoin leaders showed mixed performance, with DOGE +3%, Shiba -1%, PEPE +1%, PENGU +4%, BONK -3%, TRUMP +1%, SPX +2%, and FARTCOIN -4% [1] Regulatory & Institutional Developments - PNC Bank enabled Bitcoin spot trading for Private Bank clients via Coinbase's Crypto-as-a-Service [1] - Senator Cory Booker warned that the Crypto Market Structure bill faces challenges without more Democratic representation [1] - An American Teacher's Union urged the Senate to scrap the crypto-market bill [1] - A proposed "Bitcoin After Dark" ETF aims to provide BTC exposure outside normal market hours [1] ICOs & Token Performance - HumidiFi's WET token soared 220% in its debut, reaching $325 million, a 5-6x increase for presale participants [2] - Rainbow Wallet announced an ICO on Coinlist, selling 3% of the supply at a $100 million FDV [1][2] - Octra announced an ICO at a $200 million valuation on Sonar, selling 10% of its tokens [1][2] - Fogo announced a FOGO presale for 2% of its supply [1][2] NFT Market - NFT leaders showed mixed performance; Punks remained even at 30 ETH, Pudgy -1% at 5.28 ETH, BAYC -3% at 5.35 ETH; Hypurr's +11% at 497 HYPE [2] - Beeple's 'Regular Animals' rebounded 40% to 7.85 ETH [2] - Ton's NFT marketplace Fragment flipped Hyperliquid and Pump Fun in 24-hour revenue with $2.83 million [2]

Huge day of ICO newsTo recap:- HumidiFi's WET token soars 5-6x from ICO presale- Rainbow Wallet announces ICO for Dec 11, selling 3% of supply at $100M fdv- Octra announces ICO on Sonar for Dec 18, selling 10% at $200M- Fogo announces an ICO for 2% of its supply coming Dec 17Tis the SZN ...

In the sea of ICOs, HumidiFi's $WET was actually a big success.4-5x on investors. The road to launch was somewhat bumpy but $WET is currently trading at $250M USD FDV, with presale at $50M USD.Big success also for Jupiter as this was their first DTF launch https://t.co/gz67UCmmNL ...

SEND ALL MY WORTHLESS JPEGS!HIGHERCointelegraph (@Cointelegraph):🇺🇸 LATEST: SEC Chair Paul Atkins said ICOs tied to network tokens, digital collectibles, or digital tools should not be treated as securities and do not fall under SEC’s purview. https://t.co/BSp98M9sMH ...

🇺🇸 LATEST: SEC Chair Paul Atkins said ICOs tied to network tokens, digital collectibles, or digital tools should not be treated as securities and do not fall under SEC’s purview. https://t.co/BSp98M9sMH ...

Regulatory Landscape - SEC Chair Paul Atkins suggests many ICOs, including network tokens, digital collectibles, and digital tools, should fall under the CFTC's jurisdiction, not the SEC's [1] - This stance indicates potential for ICO fundraising to resume in the U S without new legislation [1] Market Implications - The shift in regulatory oversight could lead to a resurgence of ICOs in the U S market [1] - Tokenized securities offerings would remain under SEC oversight [1]