This Week's Key News Preview | MicroStrategy to Join the Nasdaq 100 Index; $11.8 Billion Worth of Bitcoin Options Set to Expire
Highlights of the week from December 23 to December 29.Organizer: Fairy, ChainCatcher
Key News:
- MicroStrategy will join the Nasdaq 100 Index on December 23
- South Korean crypto exchange Aprobit announces shutdown, last withdrawal date is December 23
- Binance will delist AKRO, BLZ, WRX on December 25
- South Korea's Constitutional Court will hold its first hearing on Yoon Suk-yeol's impeachment case on December 27
- $11.8 billion worth of Bitcoin options will expire on December 27
- LayerZero's vote on activating the "fee switch" will end on December 27
December 23 (Monday)
MicroStrategy will join the Nasdaq 100 Index on December 23
MicroStrategy (MSTR) has been included in the Nasdaq 100 Index. Additionally, a recent survey shows that MicroStrategy will become the 40th largest company in the Nasdaq 100 Index.
The reshuffling of the Nasdaq 100 Index, QQQ, and related ETFs will take effect on December 23.
South Korean crypto exchange Aprobit announces shutdown, last withdrawal date is December 23
South Korean crypto exchange Aprobit has announced its closure, ceasing trading on September 23, with withdrawals available until December 23.
Aprobit stated: "Due to changes in the business environment, we have decided to terminate trading support, and we will do our utmost to ensure that all users do not encounter any inconvenience in retrieving their assets deposited on the exchange even after trading support ends."
It is reported that only half of the 22 crypto market exchanges registered as virtual asset operators in South Korea are currently operational.
Aligned will airdrop 26% of ALIGN to 891,322 addresses, airdrop users must register before December 23
The Aligned Foundation announced on social media that it will airdrop 26% of ALIGN tokens to 891,322 addresses. The specific airdrop targets are holders of tokens such as STRK, MINA, ZK, POL, SCR, TAIKO, EIGEN, etc., and users must hold the respective tokens at their historical lowest price, but the minimum holding requirement has not been disclosed. Eligible addresses must register before December 23.
December 24 (Tuesday)
Pump Science roadmap: New partnership announcement on December 24, preparing for mouse experiments and protocol development
Pump Science released a roadmap update, which includes:
- Announcing partnerships on December 24, preparing for mouse experiments and protocol development;
- Starting mouse experiments for URO and RIF on January 25, 2025;
- Collaborating with VitaDAO to launch new compounds on February 25;
- Launching supplement reservations and market platform on March 25;
- Conducting decentralized human trials and launching decentralized compound releases on April 25;
- Expanding related experiments on May 25.
BNB Chain will launch the second phase of the Meme Coin competition on December 24
BNB Chain announced today that it will launch the second phase of the Meme Coin competition on December 24.
The first phase lasted 7 days, with 7 winning MemeCoin projects. Among them, AICell, MONKEY, and FROG have been listed on Binance Alpha Zone.
The second phase will begin on December 24, during which BNB Chain will purchase $33 BNB worth of outstanding ecological Meme Coins daily for 7 consecutive days, randomly airdropping the corresponding Meme tokens to 1,000 eligible community users each day.
Event duration: December 24, 2024, to December 31, 2024
Airdrop rules: Hold at least 1 staked BNB token (including slisBNB, BNBx, stkBNB, or ankrBNB) or hold at least 235 Cake in the wallet address.
Snapshot time: December 24, 2024, at 8 PM (Singapore time)
December 25 (Wednesday)
Binance will delist AKRO, BLZ, WRX on December 25
According to an official announcement, Binance will delist and stop all trading of AKRO, BLZ, and WRX spot trading pairs at 03:00 (UTC) on December 25, 2024. The specific delisted trading pairs include AKRO/USDT, BLZ/BTC, BLZ/USDT, and WRX/USDT. All related trading orders will be automatically removed after trading stops. After 03:00 (UTC) on December 26, 2024, deposits of these tokens will no longer be credited to accounts. After 03:00 (UTC) on February 25, 2025, Binance will no longer support withdrawals of these tokens.
Binance will support aelf (ELF) network upgrade
Binance is expected to suspend token deposits and withdrawals for aelf (ELF) network at 17:00 (UTC+8) on December 25, 2024, to support its network upgrade. The project team will conduct the network upgrade at block height 248,832,789 (expected to be at 18:00 UTC+8 on December 25, 2024).
December 26 (Thursday)
Scallop's 1 million SCA airdrop event will be distributed on December 26
The Sui ecosystem lending protocol Scallop will launch an airdrop event from December 14 to December 26 during the Christmas period. Users only need to borrow at least $1,000 in assets or hold 1,000 veSCA to qualify for the airdrop. The total airdrop amount is 1 million SCA, and the airdrop distribution date is December 26. Currently, Scallop's TVL has reached a peak of $195 million, with total borrowings reaching $90 million.
December 27 (Friday)
LayerZero's vote on activating the "fee switch" will end at 8:00 on December 27
LayerZero's vote on activating the "fee switch" will end at 8:00 on December 27. This vote will determine whether LayerZero will start charging protocol fees for each message. The collected protocol fees will be used to repurchase and burn ZRO, reducing its circulation.
OKX will gradually delist XRP and LTC futures contracts
According to an official announcement, considering market reasons and user demand, OKX plans to gradually stop the generation of XRP and LTC coin-based and USDT-based futures contracts in the near future, and will officially delist XRP and LTC futures contracts at 4:00 PM on December 27, 2024. This delisting will apply to the web, mobile, and API. The specific plan is as follows:
No new weekly futures contracts will be generated starting June 21, 2024 (UTC+8);
No new quarterly futures contracts will be generated starting September 27, 2024 (UTC+8);
Contracts that are already trading will not be affected, and users can trade normally.
South Korea's Constitutional Court will hold its first hearing on Yoon Suk-yeol's impeachment case on December 27
A spokesperson for South Korea's Constitutional Court stated that the court will hold its first hearing on Yoon Suk-yeol's impeachment case on December 27.
$11.8 billion worth of Bitcoin options will expire on December 27
Investors are paying attention to December 27, when $11.8 billion worth of Bitcoin options will expire, which could trigger significant price volatility in either direction.
December 28 (Saturday)
Sophon mining migration timeline announced, mainnet mining will start on December 28
The modular blockchain Sophon based on ZKsync announced its mining migration plan.
Specific timeline:
• December 19, 23:59 UTC: L1 mining will close to new deposits, while an optional L1 withdrawal window will open.
• December 26, 23:59 UTC: L1 withdrawal window will close, and unwithdrawn assets will automatically cross-chain to the Sophon mainnet.
• December 27: All remaining assets will complete automatic cross-chain, and the first phase of SP point accumulation will end.
• December 28: Sophon mainnet mining will officially start, and the second phase of SP point accumulation will begin, using a USD-based distribution method and supporting gas-free mining.
