Odaily News He Yi posted on the X platform, stating that out-of-context overinterpretation is hard to guard against, and rumors, hatred, and conspiracy theories always find it easier to sweep up public sentiment. Investors who like to follow such sentiment without verification often become the group that repeatedly suffers investment losses in the industry. Previously, a post showed that CZ's views on Meme coins were taken out of context and interpreted as bearish on Meme coins, while his original meaning was that most Meme coins won't go very far, but Meme coins with cultural value can exist long-term.
Odaily News: Spot platinum rose 3% intraday, hitting a new all-time high of $2558.20 per ounce. (Jin10)
Odaily News Ondo Finance will offer tokenized BitGo shares through Ondo Global Markets within hours of BitGo's listing on the New York Stock Exchange. The tokenized asset will be available on Solana, Ethereum, and BNB Chain. Since its launch in September 2025, Ondo Global Markets has become the world's largest tokenized securities platform by assets under management, with a total value locked of approximately $466 million and cumulative trading volume exceeding $6.4 billion.
Odaily News According to the Financial Times, Elon Musk's rocket manufacturer SpaceX is seeking Wall Street investment banks for a "super" IPO, which is expected to be one of the largest IPOs in history. Sources familiar with the matter revealed that Bank of America, Goldman Sachs, JPMorgan Chase, and Morgan Stanley have been appointed as the lead underwriters for this IPO, responsible for managing the listing process. SpaceX executives have held meetings with multiple investment banks in recent weeks, as the company prepares for an IPO that could potentially launch as early as this year. Currently, SpaceX is conducting a secondary share sale transaction, valuing the company at approximately $800 billion. Sources also indicated that other investment banks are likely to secure underwriting roles in this listing, but they emphasized that the arrangements have not been finalized and the situation could still change. (Jin10)
According to monitoring by Lookonchain, an internal trader's wallet (z5m3Ja...FziB) purchased 290.8 billion DONT tokens for $4,100 before Nasdaq-listed company Defi Technologies (defidevcorp) announced the launch of the DONT token. This wallet had been inactive for 3 months prior to the purchase and only traded DONT. The address has now sold 106 billion DONT for $182,000, still holds 185 billion DONT worth $955,000, resulting in a total profit of $1.13 million and a return of 276x.
Odaily News: The Securities and Exchange Commission (SEC) of Thailand has released a three-year strategic plan for 2026-2028, with key focuses including establishing a regulatory framework for crypto ETFs and promoting asset tokenization. Pornanong Budsaratragoon, Secretary-General of the Thai SEC, stated that the plan aims to develop digital assets as a formal investment category and enhance the competitiveness of the local market.
According to the plan, the Thai SEC expects to issue regulatory guidelines for crypto ETFs early this year and explore their issuance in the form of trusts. Meanwhile, the Thailand Futures Exchange (TFEX) is researching the launch of crypto futures trading. In terms of security regulation, the Thai SEC intercepted 47,692 crypto money mule accounts used for scams in 2025 and handled over 12,000 investor inquiries. Currently, the Thai digital asset market is valued at approximately $3.19 billion, with a daily average trading volume of $95 million. Furthermore, the Thai government has approved an exemption from capital gains tax on crypto transactions conducted through authorized service providers for the period from 2025 to 2029.
Odaily News Musk will speak at the World Economic Forum in Davos, Switzerland in 5 minutes.
Odaily News: According to Arkham monitoring, Bitmine, under Tom Lee, purchased $103.7 million worth of ETH in the past 24 hours. Currently, Bitmine holds $12.61 billion worth of ETH, accounting for over 3.5% of ETH's total supply. Since the beginning of this week, Bitmine has staked $279.4 million worth of ETH, bringing its total staked ETH to $5.27 billion.
According to monitoring by Yu Jin, in the early hours of this morning, the position of the rolling trader (0xD83...Fd7) was partially liquidated, resulting in $20 million in floating profits being wiped out. Subsequently, the trader added another $30 million worth of short positions, bringing the total value of their short positions to $300 million.
Odaily News: On-chain IPO platform Superstate has announced the completion of an $82.5 million funding round, led by Bain Capital Crypto and Distributed Global, with participation from Galaxy Digital, Haun Ventures, Brevan Howard Digital, and others. The project's main business is to establish regulated blockchain capital market infrastructure, allowing SEC-registered companies to issue digital shares directly to investors and settle transactions on public chains such as Ethereum and Solana. Currently, Superstate manages assets exceeding $1.2 billion.
Odaily News The US November Core PCE Price Index year-over-year rate is 2.8%, in line with expectations of 2.8%.
The US November Personal Spending month-over-month rate is 0.5%, in line with expectations of 0.50%. (Jin10)
Odaily News Circle founder and CEO Jeremy Allaire, during an interview with Squawk Box at Davos, discussed stablecoins, stating that a 40% compound annual growth rate is a quite reasonable benchmark.
Odaily News According to the Fed's mouthpiece Nick Timiraos, in a post on the X platform, Trump revealed his views on the Federal Reserve Chair candidates during a speech in Davos. Trump stated that he will announce the new Federal Reserve Chair candidate in the near future and mentioned that all the candidates he interviewed are excellent, but he is concerned they might change their stance and raise interest rates after taking office. Additionally, Trump expressed dissatisfaction with the current Federal Reserve Chair Jerome Powell, criticizing him for being slow to adjust interest rates.
According to an official announcement, Coinbase announced that it will launch FIGHT (FIGHT) and Sentient (SENT) spot trading. If liquidity conditions are met and trading is supported, the FIGHT-USD and SENT-USD trading pairs will begin opening later today.
Odaily News: Michael Saylor, founder of MicroStrategy, stated that he is considering buying more Bitcoin.
MicroStrategy spent approximately $21.3 billion to purchase 22,305 Bitcoins, with an average purchase price of about $95,284 per coin. MicroStrategy currently holds a total of 709,715 Bitcoins, with a cumulative investment of about $53.92 billion and an average holding cost of approximately $75,979 per coin.

