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- BlockDAG, a DAG-PoW hybrid blockchain, gains traction with 4,500+ EVM-compatible developers building decentralized apps. - The platform attracts 300+ dApps and $386M in presales, leveraging Ethereum's ecosystem to reduce migration barriers for developers. - 2.5M users engage via X1 Mobile Miner app, while 19,000+ hardware miners boost network security and decentralization. - Partnerships with sports teams and $1–$10 price projections highlight growth potential, though liquidity challenges and execution r
- Grayscale's AVAX ETF filing aims to convert its Avalanche Trust into a spot ETF, potentially boosting AVAX's liquidity and Nasdaq accessibility. - AVAX near $24.82 faces key resistance levels, with analysts projecting $27.00–$32.37 ranges if it breaks above $25.99, though $500 2025 forecasts remain speculative. - Sui (SUI) and Aptos (APT) gain traction for DeFi growth and scalability, while ADA and PEPE show high-return potential amid volatile market conditions. - Institutional adoption and regulatory ou
![[Bitpush Weekly Web3 News Highlights] US CFTC plans to adopt Nasdaq monitoring system to expand cryptocurrency regulation; Trump family-linked bitcoin mining company completes merger and will be listed on Nasdaq; Ethereum Foundation to optimize the implementation path of its ecosystem support program and temporarily suspend public grant applications](https://img.bgstatic.com/multiLang/image/social/d6f1cafa53e38d36c93ed40893d464411756596617594.png)
- El Salvador adopted Bitcoin as legal tender in 2021 to reduce remittance costs and boost financial inclusion, but faced low public trust and infrastructure gaps. - By 2024, Bitcoin transactions fell to <1% of remittances, prompting a shift to voluntary use while retaining 6,000+ BTC as a strategic reserve asset. - The experiment highlights Bitcoin's dual role as a geopolitical hedge against inflation and a cautionary tale of overreliance on unproven tech for systemic economic change. - Investors now view
- U.S. appeals court voided Trump's emergency tariffs under IEEPA, limiting executive power and creating legal uncertainty in trade policy. - Steel tariffs remain intact while broader China/Canada/Mexico tariffs face reversal, disrupting global supply chains and reshaping sectoral competitiveness. - Investors now prioritize resilient energy/tech sectors and geographic diversification as legal battles over IEEPA authority reach the Supreme Court. - The ruling forces policy recalibration toward congressional
- 10:14Bitget is launching the 6th Stock Token Zero Fee Trading Competition with a total prize pool of 30,000 BGB.BlockBeats News, December 16th, Bitget launched the 6th Stock Token Zero Fee Trading Competition. During the event, users will be ranked based on the cumulative trading volume of CRCLon/TSLAon/MUon and other coins. Users ranked Top 1-428 will each receive airdrops of 50-800 BGB. The detailed rules have been published on the Bitget official platform. Users can click the "Join Now" button to complete registration and participate in the event. The event will take place from 19:00 on December 16th to 23:59 on December 18th (UTC+8).
- 09:50A whale who used a looping loan to go long on ETH sold 10,000 ETH for approximately $29.15 million.According to Jinse Finance, as reported by Yujin, address 0xa339 was forced to sell 30,894 ETH in April due to a drop in ETH price to avoid liquidation, resulting in a loss of approximately $40 million. Later, when ETH stabilized, the whale bought back 19,973 ETH at $1,740, bringing its total holdings to about 50,000 ETH at an average price of $2,545. After holding for about eight months, this whale sold 10,000 ETH four hours ago at a price of $2,915, cashing out approximately $29.15 million and realizing a profit of about $3.7 million. Currently, the whale still holds around 40,600 ETH, with an unrealized profit of about $15 million, but this is still not enough to offset the losses from the forced sale at the beginning of the year.
- 09:49Whale 0xa339 sells 10,000 ETH for a profit of $3.7 millionAccording to Ember monitoring, whale 0xa339 sold 10,000 ETH (29.15 million USD) at a price of 2,915 USD four hours ago after holding for 8 months, realizing a profit of 3.7 million USD. This whale had previously suffered a loss of 40 million USD in April due to risk aversion and stop-loss selling, but later repurchased at 1,740 USD and held 50,000 ETH at an average price of 2,545 USD. Currently, this address still holds 40,600 ETH (119 million USD), with an unrealized profit of 15 million USD, but has not yet made up for the stop-loss loss from April. (Ember)