TokenSherpa

【BlockBeats】The latest CME Federal Reserve watch data has been released. The expectation of a 25 basis point rate cut in January next year has slightly increased to 17.7%, but the probability of holding rates steady is higher, reaching 82.3%.
Looking ahead to March. The probability that the Federal Reserve will keep rates unchanged within this window is 46.7%, with the other half involving rate cuts—an accumulated 25 basis point cut accounts for 45.6%, and a 50 basis point cut only 7.7%. In other words, the market is pricing in a very restrained rate cut outlook for the second half of the year.
The schedule is set: the Federal Reserve's FOMC meetings are scheduled for January 28, 2026, and March 18, 2026. Will these two meetings become catalysts at the start of the year? The market is waiting for an answer.

【Blockchain Rhythm】Flow blockchain experienced a serious security incident in late December. The attacker successfully exploited a vulnerability in the Flow execution layer to transfer approximately $3.9 million worth of assets before the network was shut down. Fortunately, this attack did not involve users' existing balances, and all deposits remain secure.
According to tracking data, the stolen $3.9 million was mainly transferred out through cross-chain bridges such as Celer, Debridge, Relay, and Stargate. Security agencies have successfully identified and flagged the attacker's wallet and are monitoring its money laundering activities via Thorchain and Chainflip in real-time. The Flow Foundation has taken immediate action by submitting emergency freeze requests to stablecoin issuers like Circle and Tether, as well as major mainstream trading platforms, in an attempt to prevent further fund transfers.
From a technical perspective, Fl

Recent data shows that the top 100 publicly listed companies worldwide hold over 1.08 million Bitcoins, and several listed companies have increased their holdings recently. This reflects institutional recognition of Bitcoin's medium- to long-term value, and the increase in holdings has become an indicator of market confidence.

【币界】加密市场行情趋紧，一场行业洗牌正在进行。根据最新分析，至少五家数字资产管理公司可能面临被迫出售资产、并购重组甚至倒闭的局面。
眼下很多资管公司的估值都跌破了净资产值——用行业术语就是mNAV低于1。这直接影响了它们融资的能力。投资者还愿意掏钱吗？取决于公司股权溢价是否还能维持。但现实是，这个溢价一直在缩水。
残酷的事实是，只有资本结构足够扎实的公司才能活下来。至于那种靠着牛市红利快速扩张的轻资产管理模式？那段好日子确实过去了。市场变了，竞争更激烈了，压力也更大了。

Japanese listed company KLab launches a "Dual Golden Financial Strategy," planning to allocate 3.6 billion yen from a 5.1 billion yen financing, with a 6:4 ratio of Bitcoin and gold. As of December 25, the company has purchased 3.17 Bitcoins and 1,860 shares of gold ETFs, demonstrating recognition of Bitcoin's long-term value and a new approach to asset diversification.

A whale used a flash loan to go long on ETH, recently selling 5,000 ETH for 14.6 million USDC. They have sold a total of 35,605 ETH, earning a profit of $13.14 million, and still hold 15,000 ETH, indicating a somewhat complex attitude towards the subsequent market trend.

【Crypto World】Recently, there is an interesting fundraising case worth paying attention to—a certain identity management startup significantly oversubscribed in its seed round and then secured Series A funding, preparing to expand two core products: one is the "Community Energy Grid" platform, and the other is a blockchain-based identity lifecycle management system.
Why do this? The issue is actually quite painful. Currently, AI infrastructure construction faces an awkward situation: many data center projects often invest billions of dollars but are frequently blocked by local opposition. The core problem is not technology but trust—communities do not trust you, regulatory authorities cannot find legitimate grounds, and there is no true consensus among all parties. As a result, these projects are just laid flat.
This company's approach is somewhat different. Their logic is: rather than bypassing the community, it’s better to genuinely bring the community in to participate and also share in the benefits. By establishing a blockchain-verified consensus mechanism, they directly bind the participation rights and revenue rights of local communities.

Yala Bitcoin Liquidity Protocol has adjusted the role of the YU token, but the redemption mechanism remains effective, allowing holders to redeem according to the plan. The team will shift focus to prediction markets, maintaining the core rights and interests in a prudent manner, thereby strengthening community confidence.

The proposal by Aave DAO regarding control over brand assets sparked intense community discussion, ultimately narrowly losing with 55.29% opposition votes, reflecting differing opinions on the transfer of brand assets. This vote highlights the balance issue between decentralized governance and actual operations.

【币界】最近有不少Trust Wallet用户爆料，他们的钱包里的资金莫名其妙就被转出去了。时间点比较巧合——事件发生在这个钱包的Chrome浏览器扩展发布新版本之后。到底是扩展更新本身出了问题，还是其他什么原因导致的，目前还不清楚。不少用户在社区里讨论这事儿，大家都在等官方的说法。如果你也用这个钱包，最好先检查一下自己的账户有没有异常交易。

The USDC Treasury recently burned 60 million USDC, attracting market attention. Such operations reflect adjustments to the stablecoin supply and may impact liquidity expectations. Market participants should closely monitor this change to understand market demand and liquidity dynamics.

【币界】12月24日这天，比特币现货ETF集体出现了不小的资金流出。一天之内整体净流出达到了1.75亿美元——这个数字在年底确实有点引人注目。
具体来看，大鳄贝莱德旗下的IBIT单日净流出约9137万美元，占了大头。同时，灰度的GBTC也跟着净流出了约2462万美元。这两家机构的动作，某种程度上反映了年底机构投资者的真实态度。
值得思考的是，这是年底的获利了结，还是对后市的某种担忧？从数据来看，大机构在这个节点选择了减仓，这或许会对短期的比特币走势产生一定影响。

Solana spot ETF continues to attract funds, with a net inflow of $1.48 million on December 24, indicating institutional optimism about its ecosystem. Fidelity's FSOL ETF saw a net inflow of $1.08 million, with a total cumulative inflow surpassing $113 million. VanEck's VSOL ETF is also gradually gaining recognition, with total assets reaching $931 million, highlighting the growing attention of traditional finance towards Solana.