Huobi Weekly News

HuobiОпубліковано о 2022-12-11Востаннє оновлено о 2022-12-11

Анотація

What happened in the crypto market this week? Let's review it.

1. Huobi will list CNHT with USDD trading pairs;

2. Ethereum developers target March 2023 for release of staked ether;

3. Hong Kong Legislative Council passed bill, the licensing regime for virtual asset service providers will ake effect on June 1, 2023;

4. UK finalises plans for regulation of ‘wild west’ crypto sector;

5. Russian parliament official: Crypto will receive a legal status in Russia next year.

”“

#POLICY

1. Data: The Fed shrunk its balance sheet by $92.294 billion in November;

2. Pakistan launches new laws to expedite CBDC launch by 2025;

3. Russian parliament official: Crypto will receive a legal status in Russia next year;

4. EU financial regulator to address off-shore crypto companies;

5. UK finalises plans for regulation of ‘wild west’ crypto sector;

6. Japan Financial Services Agency extends FTX Japan business suspension order;

7. Japan recommends against algorithmic backing in stablecoins;

8. Bank of Russia wants to ban miners from selling crypto to Russians;

9. US regulator to seek feedback on DeFi's impact on financial crime;

10. Hong Kong Legislative Council passed bill, the licensing regime for virtual asset service providers will ake effect on June 1, 2023;

11. Kazakhstan’s parliament adoptes digital assets bill to regulate mining among other crypto activitie;

12. EU crypto taxation proposal will target all companies that offering EU residents crypto services;

13. Senator Markey introduces legislation to combat energy-intensive cryptomining.

”“

#CRYPTOCURRENCY

1. Glassnode: Stablecoin dominance has spiked since FTX from 10% to 12.5%;

2. CoinShares: Digital asset investment products saw outflows totalling $7.5m last week;

3. USDC issuer Circle terminates SPAC listing plan;

4. Bitcoin mining difficulty decreased by 7.32% to 34.24T;

5. Polygon PoS chain launched "parallel EVM" upgrade;

6. GBTC's negative premium rate expanded to 43.53%;

7. Polygon: First batch of ownership and distribution of $450 million in financing completed;

8. Gnosis merge is expected to be held on December 8;

9. Huobi will list CNHT with USDD trading pairs;

10. Ethereum Foundation allocates $8.04 million in rewards to 69 projects and communities in Q3;

11. Report: The support level of ETH in 2023 may be at $1,000;

12. US Sen. Cynthia Lummis: BTC is the only cryptocurrency that can be considered a commodity, ETH is now a security;

13. OFAC compliant Ethereum blocks drops to 65%;

14. Ethereum developers target March 2023 for release of staked ether;

15. Ethereum Shandong testnet has been deprecated, new public testnet will launch next week;

16. Arthur Hayes: BTC hits the lows of this cycle during the recent FTX / Alameda catastrophe.

”“

#NFT

1. Coca-Cola releases FIFA World Cup NFTs based on heatmaps from matches;

2. NFT sales volume drops 20% in November;

3. Aave companies acquires NFT-based Sonar;

4. Atari collaborating with Pixels for print-on-demand NFT artwork;

5. Blur offers some NFT traders 50% refund after ether losses from UI 'bug'.

”“

#DEFI

1. ApeCoin DAO launched a vote on the proposal to build an APE ecological website;

2. SushiSwap proposes to direct 100% of xSUSHI revenue to treasury wallet;

3. Uniswap Foundation proposes changes to crypto DEX's governance, voting processes.

”“

#FUNDING

1. Blockchain carbon credit trading platform AirCarbon is seeking $50 million in Series B financing;

2. French VC firm Partech raises €120 million to invest early-stage tech startups;

3. East African bitcoin miner Gridless raises $2M seed round;

4. Bitwave raises $15 million Series A to expand crypto accounting software;

5. Crypto firm Blockstream seeks funding at a lower valuation in tight market.

”“”

#METAVERSE

1. Decentraland launches metaverse land rental;

2. Meta introduces virtual avatars to WhatsApp.

“”

#WEB3

1. Filipino startup accelerator A-Labs launches $10M Web3 fund;

2. Web3 entertainment platform PlayMining launches new coin pusher GameFi ‘Lucky Farmer’;

3. Starbucks opens up its blockchain-based loyalty program and NFT community to first U.S. beta testers.

“”

#OTHER

1. Genesis creditor groups' loans amount to $1.8B and counting;

2. Mizuho, SBI and Datachain jointly launch cross-chain technology research;

3. Technology blogger: Twitter may launch Twitter Coin rewards function;

4. Bank of America says regulation is key for mainstream adoption of crypto ;

5. Gensler will brief House Democrats before FTX hearing;

6. Crypto pressure ratchets up as FTC probes several firms over ads;

7. Goldman Sachs on hunt for bargain crypto firms after FTX fiasco;

8. A $200 million investment program from Animoca and BNB Chain only closes few investments;

9. Hong Kong funds seek approval for crypto-linked retail ETFs;

10. Elon Musk: ChatGPT cannot yet be called AGI;

11. H.E. Justin Sun: Next crypto bull market will depend on the Chinese;

12. Microsoft: DEV-0139 launches targeted attacks against the cryptocurrency industry;

13. Zodia Custody rolls out service to protect client assets from exchange insolvency;

14. U.S. House committee weighing subpoena for Sam Bankman-Fried;

15. House Financial Services Chair Waters doesn’t plan to subpoena Sam Bankman-Fried to testify at hearing on FTX collapse;

16. Twitter to change blue pricing after Apple spat;

17. MicroStrategy will teach corporations how to adopt Bitcoin at in-person event;

18. Musk's bankers mull new Tesla margin loans to slash Twitter debt;

19. Japan’s second-largest bank Sumitomo Bank to use soulbound tokens for identity verification;

20. US probes FTX founder for fraud, examines cash flows to Bahamas;

21. Bahamian attorneys pursue access to FTX data of international customers.

Пов'язані матеріали

Meta Launches Prediction Market, Code-Named "Arena": Not Using Real Money, 3.56 Billion Daily Active Users Are Its Biggest Bargaining Chip

Meta, under the codename "Arena," is developing a standalone prediction market application, according to a June 23 report by The New York Times. Initially, the app will operate on a points-based system rather than real-money betting, though future integration of financial transactions is not ruled out. Meta plans to leverage its vast ecosystem of apps, boasting 3.56 billion daily active users, to distribute the product. The strategy aims to lower user acquisition costs and navigate regulatory complexities associated with real-money prediction markets, which are overseen by bodies like the CFTC. News of Meta's entry caused stock dips for established players like DraftKings and Robinhood, reflecting market concerns over Meta's potential to disrupt incumbents like Polymarket and Kalshi with its massive scale. The prediction market sector has seen explosive growth, with monthly trading volume on major platforms surging to approximately $24 billion as of April 2026. This marks Meta's second foray into the space, having launched and later shut down a similar virtual-points app called Forecast in 2020. While Arena poses a competitive threat to crypto-based platforms like Polymarket, its mainstream reach could also significantly expand the overall user base and awareness for prediction markets. The project remains in development with no public launch timeline, but its announcement has already impacted market sentiment.

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Meta Launches Prediction Market, Code-Named "Arena": Not Using Real Money, 3.56 Billion Daily Active Users Are Its Biggest Bargaining Chip

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Research Report Analysis: AI Triggers MLCC Supercycle, How Many Years of Gains Can Samsung Electro-Mechanics Enjoy?

Title: Analyst Report: AI Ignites MLCC Super Cycle, How Many Years of Benefits Can Samsung Electro-Mechanics Reap? Summary: Morgan Stanley has sharply raised its target price for Samsung Electro-Mechanics from 920,000 KRW to 2,560,000 KRW, recasting the MLCC (Multi-Layer Ceramic Capacitor) industry from cyclical to structurally bullish. The core thesis is that AI servers demand 10-15 times more MLCCs than traditional servers, with a single AI server requiring up to 440,000 units compared to just 30,000 for a standard server. This drives not only higher volumes but also a shift to more advanced, higher-value MLCCs, boosting Average Selling Prices (ASP). The current supply crunch is seen as structural, not a temporary cyclical mismatch, driven by capacity constraints meeting sustained new demand. High-end MLCC production lines are fully booked, with new lines taking two years to build. Morgan Stanley forecasts MLCC price increases of 30% in H2 2026 and another 30-50% in 2027. Samsung Electro-Mechanics is positioned as the primary beneficiary through three channels: 1) Direct MLCC price hikes, especially for high-margin AI-use MLCCs, driving significant operating margin expansion from 15.7% (present) to 24.5% by 2027. 2) Strong growth in its ABF substrate business from saturated AI/ASIC chip orders. 3) Future revenue streams from new product lines like silicon capacitors and glass substrates. The firm's ROE is projected to surge from 7.5% in FY25 to 32.2% by FY28, with an increased dividend payout. Risks include potential smartphone demand weakness or execution issues in China, while upside catalysts are further price increases and confirmation of higher MLCC content in next-gen AI platforms like Rubin/VR200. The story transforms Samsung Electro-Mechanics from a traditional component supplier into a key AI infrastructure player, with its growth narrative supported by current supply constraints and pricing power.

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Research Report Analysis: AI Triggers MLCC Supercycle, How Many Years of Gains Can Samsung Electro-Mechanics Enjoy?

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