7*24

Hot topic

Market

Activities

According to Bloomberg, BitMine Immersion Technologies has become one of the most favored overseas stocks by Korean investors in 2025, second only to Alphabet, despite its stock price having plummeted about 82% since the peak in July.Since the company announced a shift from Bitcoin mining to hoarding Ethereum, its stock price surged over 3,000% on July 3, quickly becoming the most sought-after overseas stock in Korea in July. As of December 29, Korean retail investors have net invested $1.4 billion in BitMine for 2025. They have also invested $566 million in T-Rex's 2x leveraged BitMine ETF, which has dropped about 86% since its peak in September.

[Bloomberg: Despite a more than 80% drop in its share price, BitMine is still expected to be a hot stock among South Korean investors in 2025.]According to Bloomberg, BitMine Immersion Technologies has become one of the most favored overseas stocks by Korean investors in 2025, second only to Alphabet, despite its stock price having plummeted about 82% since the peak in July.Since the company announced a shift from Bitcoin mining to hoarding Ethereum, its stock price surged over 3,000% on July 3, quickly becoming the most sought-after overseas stock in Korea in July. As of December 29, Korean retail investors have net invested $1.4 billion in BitMine for 2025. They have also invested $566 million in T-Rex's 2x leveraged BitMine ETF, which has dropped about 86% since its peak in September.

Bloomberg: Despite a more than 80% drop in its share price, BitMine is still expected to be a hot stock among South Korean investors in 2025.

on December 30, according to JIN10 data reports, insiders revealed that AI startup MiniMax has secured Alibaba Group and Abu Dhabi Investment Authority as its main backers for its upcoming IPO in Hong Kong. Insiders said MiniMax is seeking to raise more than $600 million through the IPO. Some of them stated that the company will start accepting investor subscriptions as early as Wednesday, with plans to go public in January next year. Insiders also said that in addition to Abu Dhabi Investment Authority and Alibaba, IDG Capital, Perseverance Asset Management, and South Korea's Mirae Asset will also be cornerstone investors in this deal. However, they added that negotiations are still ongoing, and the size and timing of the deal may still change.

[Sources say Alibaba and Abu Dhabi plan to invest in MiniMax to support its IPO.]on December 30, according to JIN10 data reports, insiders revealed that AI startup MiniMax has secured Alibaba Group and Abu Dhabi Investment Authority as its main backers for its upcoming IPO in Hong Kong. Insiders said MiniMax is seeking to raise more than $600 million through the IPO. Some of them stated that the company will start accepting investor subscriptions as early as Wednesday, with plans to go public in January next year. Insiders also said that in addition to Abu Dhabi Investment Authority and Alibaba, IDG Capital, Perseverance Asset Management, and South Korea's Mirae Asset will also be cornerstone investors in this deal. However, they added that negotiations are still ongoing, and the size and timing of the deal may still change.

Sources say Alibaba and Abu Dhabi plan to invest in MiniMax to support its IPO.

according to SoSoValue data, the spot XRP ETF had a net inflow of 15.55 million USD yesterday (Eastern Time, December 30).

[The US spot XRP ETF saw a net inflow of $15.55 million yesterday.]according to SoSoValue data, the spot XRP ETF had a net inflow of 15.55 million USD yesterday (Eastern Time, December 30).

The US spot XRP ETF saw a net inflow of $15.55 million yesterday.

according to OnchainLens monitoring, a whale address deposited 4.03 million USD USDC into Lighter and bought 1.63 million LIT at a price of 3.8 million USD, with an average transaction price of about 2.33 USD.The wallet currently still holds 227,099 USDC, and further accumulation cannot be ruled out.

[A whale increased its holdings by 1.63 million LITs at an average price of $2.33 per coin.]according to OnchainLens monitoring, a whale address deposited 4.03 million USD USDC into Lighter and bought 1.63 million LIT at a price of 3.8 million USD, with an average transaction price of about 2.33 USD.The wallet currently still holds 227,099 USDC, and further accumulation cannot be ruled out.

A whale increased its holdings by 1.63 million LITs at an average price of $2.33 per coin.

Ethereum co-founder Vitalik Buterin published an article "Balance of power," exploring the concepts of power and balance. Vitalik believes that more projects should explicitly consider not only the "business model" (i.e., how to raise resources to support their work) but also the "decentralization model" (i.e., how to avoid power concentrating in oneself and the risks brought by having such power).In some cases, decentralization is easy: relatively few people care about dominance. English, or more precisely, open protocols like TCP, IP, and HTTP. In other cases, decentralization is difficult to achieve because use cases sometimes require conscious action. How to gain the advantages of flexibility without bearing its drawbacks will remain an important challenge for a long time to come.

[Vitalik published an article discussing the concepts of power and debalancing, urging projects to acknowledge the "decentralized model."]Ethereum co-founder Vitalik Buterin published an article "Balance of power," exploring the concepts of power and balance. Vitalik believes that more projects should explicitly consider not only the "business model" (i.e., how to raise resources to support their work) but also the "decentralization model" (i.e., how to avoid power concentrating in oneself and the risks brought by having such power).In some cases, decentralization is easy: relatively few people care about dominance. English, or more precisely, open protocols like TCP, IP, and HTTP. In other cases, decentralization is difficult to achieve because use cases sometimes require conscious action. How to gain the advantages of flexibility without bearing its drawbacks will remain an important challenge for a long time to come.

Vitalik published an article discussing the concepts of power and debalancing, urging projects to acknowledge the "decentralized model."

and reported by Jin10, a research report from CITIC Securities states that the digital renminbi is upgrading from the "central bank liability type" 1.0, which replaces cash, to the "deposit currency type" 2.0, which is incorporated into the commercial bank liability system. Its accounts can earn interest and pay reserve requirements, effectively becoming general deposits. This institutional adjustment helps to solidify the stability of bank liabilities and enhances the transmission efficiency of monetary policy under the reserve and interest rate framework, while significantly increasing commercial banks' intrinsic incentives to promote the digital renminbi.From an industry impact perspective, the digital renminbi is expected to become an important tool linking corporate and retail sectors, and to partially replace third-party platforms in the payment process. It is anticipated that the future development focus of banks' digital renminbi business will shift from qualification to capability. Banks need to accelerate the transition from account operations to scenario-based specialized services and seize the opportunity to increase digital renminbi penetration.

[CITIC Securities: Banks need to seize the opportunity presented by the increasing penetration rate of the digital yuan.]and reported by Jin10, a research report from CITIC Securities states that the digital renminbi is upgrading from the "central bank liability type" 1.0, which replaces cash, to the "deposit currency type" 2.0, which is incorporated into the commercial bank liability system. Its accounts can earn interest and pay reserve requirements, effectively becoming general deposits. This institutional adjustment helps to solidify the stability of bank liabilities and enhances the transmission efficiency of monetary policy under the reserve and interest rate framework, while significantly increasing commercial banks' intrinsic incentives to promote the digital renminbi.From an industry impact perspective, the digital renminbi is expected to become an important tool linking corporate and retail sectors, and to partially replace third-party platforms in the payment process. It is anticipated that the future development focus of banks' digital renminbi business will shift from qualification to capability. Banks need to accelerate the transition from account operations to scenario-based specialized services and seize the opportunity to increase digital renminbi penetration.

CITIC Securities: Banks need to seize the opportunity presented by the increasing penetration rate of the digital yuan.

stable Surges 10.94% in 24H, Currently at 0.014765 USDT

【stable currently trades at 0.014765 USDT, up 10.94% in 24h, according to HTX market data.】stable Surges 10.94% in 24H, Currently at 0.014765 USDT

stable currently trades at 0.014765 USDT, up 10.94% in 24h, according to HTX market data.

On December 31, Netflix announced the official start of filming the cryptocurrency-themed romantic comedy movie "One Attempt Remaining," marking the first time the crypto industry enters the mainstream Hollywood scene in a lighthearted comedic form. The film is directed by Kay Cannon and stars Golden Globe winner Jennifer Garner. The plot revolves around a couple who have broken up racing against time to recover the password to their crypto wallet.

[Netflix has begun filming a romantic comedy movie themed around cryptocurrency, titled "One Attempt Remaining".]On December 31, Netflix announced the official start of filming the cryptocurrency-themed romantic comedy movie "One Attempt Remaining," marking the first time the crypto industry enters the mainstream Hollywood scene in a lighthearted comedic form. The film is directed by Kay Cannon and stars Golden Globe winner Jennifer Garner. The plot revolves around a couple who have broken up racing against time to recover the password to their crypto wallet.

Netflix has begun filming a romantic comedy movie themed around cryptocurrency, titled "One Attempt Remaining".

&nbsp;Stable announced the official end of its Pre-Deposit Program Phase 2. Eligible users can now claim the related funds. All users who received allocations in Phase 2 can claim their distributed funds through the Merkl dashboard and claim USDT0 on the Stable platform.

[The second phase of the Stable pre-deposit program has ended, and eligible users can now withdraw their funds.]&nbsp;Stable announced the official end of its Pre-Deposit Program Phase 2. Eligible users can now claim the related funds. All users who received allocations in Phase 2 can claim their distributed funds through the Merkl dashboard and claim USDT0 on the Stable platform.

The second phase of the Stable pre-deposit program has ended, and eligible users can now withdraw their funds.

According to U.Today, Solana investors are bracing themselves for an upcoming surge in selling pressure caused by the release of 80 million SOL coins from staking contracts. Luckily, the market was not hit with a one-time injection of the aforementioned sum, and whales will most likely redistribute them evenly across various trading platforms. According to the volume profile on the asset, retail traders are no longer trading the asset as they did prior to the massive crash. The most likely reason is the aforementioned 80 million SOL floating on the market and waiting to get dropped on the heads of investors. It is not clear yet if the massive selling volume will be absorbed by some entity on the market or will be redistributed among retail investors.

Detail

【Solana releases 80 million SOL from staking contracts】According to U.Today, Solana investors are bracing themselves for an upcoming surge in selling pressure caused by the release of 80 million SOL coins from staking contracts. Luckily, the market was not hit with a one-time injection of the aforementioned sum, and whales will most likely redistribute them evenly across various trading platforms. According to the volume profile on the asset, retail traders are no longer trading the asset as they did prior to the massive crash. The most likely reason is the aforementioned 80 million SOL floating on the market and waiting to get dropped on the heads of investors. It is not clear yet if the massive selling volume will be absorbed by some entity on the market or will be redistributed among retail investors.

Solana releases 80 million SOL from staking contracts

Here’s How The Largest XRP Treasury Company Has Fared In 2025

Bitcoin Mining Difficulty Rose 35% In 2025, Data Shows

Bitcoin Ends Q4 In The Red, Bear Market May Persist For 2–3 Months

Luke Gromen: Why I Sold Most of My Bitcoin by the End of 2025

Bitcoin – Is it a case of ‘pain today, gains tomorrow’ for BTC’s price?

‘It’s time for crypto to be important’ – Why Galaxy CEO is betting on 2026

Overcoming the Psychological Barrier: What Will Happen to Bitcoin This Week

Bitcoin Retail Demand Crashes Below $400M — What Does This Mean For Price?

Bitcoin's Post-Halving Supply Change Is Permanently Locked by Mathematical Rules

Why Bitcoin traders stay cautious despite global liquidity boom

Article

Solana releases 80 million SOL from staking contracts

Disclaimer：The content above does not represent HTX's positions.，HTX does not provide any trading recommendations.。

Related Articles

All Comments0LatestHot

Trending Topics

Related Articles