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MicroStrategy and Harvard University increased their positions against the trend during the bitcoin market correction—MicroStrategy purchased 8,178 bitcoins, and Harvard increased its holdings in BlackRock’s bitcoin ETF. The market shows a pattern of retail investors selling while institutions are buying, but the scale of institutional accumulation is difficult to offset the pressure from ETF capital outflows. Summary generated by Mars AI This summary was generated by the Mars AI model, and its accuracy and completeness are still being iteratively updated.
In Brief Jesse Pollak's JESSE coin is set to launch through the Base App. Pollak warns against scams and ensures only official announcements are credible. The launch reignites debate on digital identity and security in decentralized protocols.
Are ZEC's miner economic model, network security, and on-chain activity truly sufficient to support an FDV of over 10 billions USD?
In the short term, the $95,000 to $97,000 range may form a local resistance. If the price can reclaim this range, it indicates that the market is gradually returning to balance.
- 07:08Data: Public and private companies have accumulated a total of 883,000 BTC since 2023ChainCatcher reports that since 2023, the number of BTC held by listed companies and private enterprises has increased from 197,000 to 1.08 million. (Cointelegraph)
- 06:29Pyth Network launches PYTH token reserves and will conduct monthly token buybacks on the open marketJinse Finance reported that Pyth Network has announced the launch of the PYTH token reserve. The operation of this strategic reserve involves using a portion of the network's monthly revenue to purchase PYTH tokens on the open market, thereby ensuring the predictability and scalability of transactions. Pyth Network further stated that it has already planned to systematically purchase PYTH on the open market using over $1 million in revenue generated by Pyth Pro in its first month. In addition, PYTH DAO will allocate one-third of its funds to purchase PYTH from the open market.
- 06:13NYDIG Head of Research: Stock tokenization will not immediately bring huge benefits to the crypto market; its advantages will emerge graduallyBlockBeats News, December 13, Greg Cipolaro, Global Head of Research at NYDIG, pointed out in a report released on Friday that stock tokenization will not immediately bring huge benefits to the crypto market, but if such assets can be better integrated with blockchain, their benefits will gradually become apparent. "The networks supporting these assets (such as Ethereum) will see only modest initial returns, but as asset accessibility, interoperability, and composability improve, returns will grow accordingly," Cipolaro wrote in the report. He added that the initial returns mainly come from transaction fees generated by trading tokenized assets, and the blockchains hosting these assets will also "enjoy increasingly strong network effects" due to storage demand. "In the future, these real-world assets may be integrated into the decentralized finance ecosystem, becoming collateral for lending, lendable assets, or trading targets," Cipolaro said, "but this will take time, and will only be possible after technological development, infrastructure improvement, and regulatory evolution." He also pointed out that building tokenized assets with composability and interoperability is not easy, because "their forms and functions vary greatly," and they are distributed across both public and private networks. Taking the private blockchain Canton Network created by Digital Asset Holdings as an example, it currently hosts tokenized assets worth $380 billions, accounting for 91% of the total "representation value" of real-world assets. Ethereum, as the most mainstream public blockchain, has deployed $12.1 billions in real-world assets. Cipolaro emphasized that even on open networks like Ethereum, the design of tokenized assets can vary greatly. "These assets typically fall under the category of securities and still rely on traditional financial structures such as brokers, KYC/accredited investor verification, whitelisted wallets, and transfer agents." However, he also noted that companies are leveraging blockchain technology to achieve advantages such as "near-instant settlement, 24/7 operation, programmable ownership, transparency, auditability, and optimized collateral efficiency."