AsiaNext, a joint venture between SBI and SIX, launched its first security this month, a US dollar-denominated money market fund (MMF), and introduced a digital collateral solution. AsiaNext first launched crypto derivatives earlier this year, which do not require a license in Singapore. This is the first of three trading products. The company holds a Singapore capital markets license and an approved market operator (RMO) license, allowing it to operate an exchange. The locally issued USD MMF is the first listed security (not a tokenized security). The company is working with asset management companies to list other funds, including Valour, a multinational cryptocurrency ETP issuer with assets under management of $900 million. AsiaNext also plans to establish a third spot cryptocurrency exchange and has applied for a major payment institution license. Meanwhile, the company has launched the AsiaNext Business Process Layer (AXOL), which integrates the business processes of three trading venues.

US President-elect Trump announced on social media on December 21st local time that he nominated Tilman J. Fertitta, owner of the Houston Rockets basketball team and entertainment and real estate businessman, to be the US ambassador to Italy. Trump also announced the appointment of reality show producer and former chairman of MGM Television, Mark Burnett, as special envoy for UK affairs. It is reported that Burnett produced Trump's reality show "The Apprentice," which made Trump a household name.

Bitcoin fell below $96,000 today, a drop of about 11% since it broke through $108,000 on December 17, 2024.

At the same time, a wallet that has been dormant since July 25, 2015 was activated and transferred 44.99 BTC, marking its first activity since its creation.

On Saturday, a wallet that had been dormant for 12 years was activated and transferred 104.99 BTC, when BTC was only worth $11, with a total value of $1,200. Today, these BTC are worth over $10 million. The transfer also migrated from an old version P2PKH address to a new version P2WPKH address.

Sandeep Nailwal, co-founder of Polygon, wrote on X platform that Agglayer, a decentralized cross-network connection protocol developed by the Polygon ecosystem, is expected to launch its mainnet in early 2025. Currently, the development network Devnet has been deployed and the test network Testnet has been launched. It is reported that transitioning to Agglayer is a core development strategy of the Polygon ecosystem, and the protocol will change the way EVM and other blockchains interact. In addition, POL will replace MATIC as the gas token on Polygon. There are rumors that Agglayer developers have hinted that Solana also has the opportunity to join the Agglayer mechanism.

On December 22nd, Shaw, the founder of ai16z, posted an explanation about project architecture and the relationships between entities: ai16z is a decentralized autonomous organization (DAO) with tokens ai16z and degenai; ElizaOS is an open-source AI agent framework; Eliza Labs is responsible for developing elizaOS. Shaw also emphasized that the DAO is decentralized, using a fair launch model without any entity involvement, team allocation, venture capital, or similar arrangements. In addition, the ELIZA token is developed by an independent team and supported but not an official product.

Santiment stated in a post on X that "the further decline of cryptocurrencies has caused the public sentiment of Bitcoin to drop to the lowest point this year. Traders are now exhibiting serious panic, which is good news for contrarian investors because they know that the market trend is opposite to the expectations of retail investors."

BTC experienced a strong rebound this weekend after recently dropping below the $91,000 mark, and is currently slightly falling back to around $96,000. During this process, veteran trader Peter Brandt reiterated his bullish view on BTC and suggested that it may continue to rise in the future. In addition, other on-chain indicators also indicate a promising future for BTC. In recent analysis, Brandt stated that BTC may reach $108,358 in the next few days.

However, he also warned using technical charts that the price of BTC may fall back to $76,614 during an upward trend, and added that "this is not a prediction," pointing out the risks in the market. He stated that these analyses only reflect "possibilities, not probabilities, and not certainties."

In addition, his recently set BTC price target is $125,000.

Sam Altman, CEO of OpenAI, wrote on X that "I believe that The Wall Street Journal (WSJ) is currently the best newspaper in the United States, but a few hours after we announced the o3 model, they published an article titled 'The Next Great Leap in AI Is Behind Schedule and Crazy Expensive'!?" Prior to this news, OpenAI is currently developing a new generation of reasoning models that will delve deeper into user questions. In terms of naming, they may skip the name "o2" to avoid trademark conflicts with British telecom operator O2 and directly use "o3".

 cross-chain interoperability platform Wormhole announced that Wormhole DAO will go live in the first quarter of 2025. To participate in the first vote, W holders need to complete governance staking. The Wormhole Staking Rewards Program (SRP) is currently ongoing, supporting Solana and all EVM chains. Users participating in governance staking can receive rewards, and the first reward pool will distribute no less than 50 million W tokens.

trader Eugene Ng Ah Sio expressed his views on the altcoin market, stating: "Altcoins (Alts) quickly fell back to these levels within 48 hours after forming wick lows, indicating that investors are extremely anxious about holding spot assets and are eager to sell. The market may enter a longer period of adjustment or may quickly decline in the short term."