Preface
Bitcoin and Ethereum have risen by 3.61% and 3.98% respectively over the past 24 hours, with current prices at $106,795 and $3,981. The ETH/BTC exchange rate remains at 0.037. The Crypto Fear & Greed Index stands at 83, indicating extreme greed.

Market Trending

Yesterday, Bitcoin surpassed the $107,000 mark, reaching a new all-time high of $107,117. As Bitcoin’s price approaches $110,000, its market capitalization has exceeded $2.1 trillion. Ethereum followed suit, breaking above $4,100 for the first time in six months. Other major altcoins also experienced modest recoveries, with increases ranging from 5% to 10%. According to CME’s “FedWatch,” there is a 4.6% probability that the Federal Reserve will maintain the current interest rate until December, and a 95.4% probability of a cumulative 25 basis point rate cut. With the enhancement of macro liquidity, the market is poised to enter an altcoin season after several consolidation phases.
Public Chain Sector: SUI continues its upward trend, breaking through $4.7. With the recent cooling of Meme coin hype, SOL’s price has weakened, falling below $220. XRP quickly spiked alongside BTC, surpassing $2.5.
DeFi Sector: Influenced by the acquisition activities of crypto project WLFI, tokens such as AAVE, ENA, and ONDO have experienced surges. Following the announcement of the purchase, each rose by over 15%. The protocol used by WLFI for the acquisition—CoW—also continued to climb, with its price peaking above $1.
Meme Sector: Tokens in this category showed limited rebounds. FARTCOIN surpassed $0.8, overtaking GOAT to become the leading AI Meme by market capitalization. VIRTUAL maintained its positive momentum from previous days, rising over 30% again. DOGE saw a slight recovery, rebounding above $0.4. Other Meme coins exhibited no significant fluctuations.

Spot Bitcoin ETF Flows

Yesterday, U.S. Bitcoin spot ETFs saw a net inflow of $636.93 million, with IBIT receiving $418.25 million, FBTC $116.06 million, and GBTC $17.65 million.
Check Out the Latest Prices, Charts, and Data of BTC/USDT Spot and BTCUSDT Perp!

Daily Spotlight

Today’s spotlight is VIRTUAL, with a 24-hour increase of 30.47%.
Virtuals Protocol (VIRTUAL), established in 2021, is a decentralized AI agent generation platform based on Base. It creates various AI characters for different virtual worlds (such as games or online spaces) that can respond through text, voice, and actions. AI agents on the protocol can move and speak in 3D spaces, conduct on-chain transactions, learn, make decisions, and interact with environments “virtually.” Virtual Protocol also incentivizes the decentralized creation and monetization of AI characters for every virtual interaction (games, metaverses, online interactions, or others).
With the rising popularity of AI Agents, VIRTUAL’s price has been climbing since October, surpassing $3 yesterday, marking a 24-hour increase of 30.47%.

Check Out the Latest Prices, Charts, and Data of VIRTUAL/USDT Spot and VIRTUALUSDT Perp!

The Word on the Street

FTX’s restructuring plan is set to take effect on January 3, with the first distribution occurring within 60 days post-effective date.
FTX and its affiliated debtors announced today that the court-approved bankruptcy restructuring plan will take effect on January 3, 2025. This date is also designated as the initial distribution record date for holders of allowed claims in the convenience class under the plan. The first distribution is expected to occur within 60 days after the effective date. To participate in the distribution, compliance with “Know Your Customer” (KYC) and other distribution requirements is mandatory. The initial distribution is limited to the convenience class under the plan. Separate record and payment dates for claims in other classes will be announced in due course. To qualify for the first distribution, users must complete the following steps by January 3, 2025:

• Log in to the FTX Debtors Customer Portal;
• Complete KYC identity verification;
• Submit the necessary tax forms;
• Register with BitGo or Kraken.

Airdrop Claiming

On December 16, according to official announcements, the Vana mainnet has officially launched, along with the introduction of the VANA staking feature. Testnet community rewards include:

• Users who participated in early DataDAO pre-mining through Aurora Cohort (as Data Heroes or direct participants);
• Community builders of the Vana Discord;
• Holders of V on vana NFTs.

Snapshots were completed on December 13, 2024, and eligibility checks for the airdrop have commenced.
Note: The above information is for reference only and does not constitute financial advice. Please conduct your own research before making any investment decisions.