ChainCatcher news, venture capitalist and Bitcoin advocate Anthony Pompliano stated in an interview with Fox Business that digital assets are maturing and gaining a foothold in traditional finance."I think a big deal in 2025 will be that cryptocurrencies have grown up and become part of the traditional financial system. There are pros and cons to this. But now we have a seat at the negotiating table—you can see donations and influence on the political stage. But you will also see this in the financial realm now, and I believe this will have a huge impact on Bitcoin and cryptocurrencies in 2025."

ChainCatcher news, according to FinanceFeeds, Crypto.com announced the establishment of Crypto.com Custody Trust Company, which will provide digital asset custody services for qualified institutions and high-net-worth clients in the United States and Canada after obtaining a trust company license.In the coming weeks, the digital assets of users in the US and Canada will be migrated to the newly established custody trust company, and users will continue to have access to their accounts and funds during the migration process.

ChainCatcher message, according to a report by CoinShares, last week saw continued inflows into digital asset investment products, totaling $308 million. Ethereum experienced an inflow of $51 million, while Solana saw an outflow of $8.7 million.The largest outflow was from multi-asset investment products, which saw $121 million leave last week. However, many altcoins are still experiencing inflows, such as XRP ($8.8 million), Horizen ($4.8 million), and Polkadot ($1.9 million), indicating that investors are more inclined to take a more selective approach.

ChainCatcher news, according to a report by the Financial界, the National Intellectual Property Administration's information shows that Nokia Technologies Limited has applied for a patent titled "Device Method and Computer Program," with publication number CN 119155674 A, and the application date is June 2024.The patent abstract indicates that it provides a device, method, and computer program for use in user devices to perform the following: encrypt digital assets using a first key to form encrypted digital assets; provide the encrypted digital assets and an index for the encrypted digital assets to a first network function; and provide an identifier for the encrypted digital assets to a first entity.

ChainCatcher news, according to The Block, U.S. President-elect Donald Trump announced the appointment of Bo Hines as the Executive Director of his "Presidential Digital Asset Advisory Council," leading his "Crypto Council."Bo Hines was a college football player and failed to win election to Congress in 2022. Trump wrote, "In his new role, Bo Hines will work alongside David Sacks to drive innovation and growth in the digital asset space while ensuring industry leaders have the resources they need to succeed."

ChainCatcher news, MicroStrategy founder Michael Saylor has released a digital asset framework that includes a strategic Bitcoin reserve. A strategic digital asset policy can strengthen the dollar, eliminate national debt, and position the United States as a global leader in the 21st-century digital economy.

ChainCatcher news, Animoca Brands released its unaudited financial report for the second and third quarters of 2024. The data shows that the company's total booking revenue for the third quarter reached $69 million, a quarter-on-quarter increase of 43.8% and a year-on-year increase of 165%. Revenue primarily comes from three major business segments: Digital Asset Advisory (DAA) contributed $25 million, Web3 operations generated $39 million, and investment management revenue was $5 million.As of the end of September 2024, the company held $248 million in cash and stablecoins, and $330 million in liquid digital assets (including $218 million in available-for-sale assets and $112 million in unlocked tokens), mainly consisting of ETH, BTC, APE, and others. The company also holds $1.6 billion in off-balance-sheet token reserves, including SAND, EDU, MOCA, REVV, TOWER, GMEE, and others.In terms of operating expenses, the third quarter amounted to $59 million, a quarter-on-quarter increase of 13.5%, primarily due to one-time consulting fees incurred from the MOCA token issuance in July.

ChainCatcher news, the German Digital Assets Company (DDA) has partnered with Heliad Crypto Partners to launch the DDA Heliad Dynamic Blockchain ETP (HELI) on the Börse Stuttgart, Germany's second-largest stock exchange.This new exchange-traded product (ETP) offers investors dynamically adjusted blockchain tokens, up to 13 types. The DDA Heliad Dynamic Blockchain ETP provides a new approach to cryptocurrency investment by tracking a dynamic index of leading blockchain tokens.

ChainCatcher news, according to Grayscale's disclosure on X, its cryptocurrency portfolio now covers 30 digital assets, including AAVE, AVAX, BAT, BCH, FIL, GRT, LDO, LINK, LPT, LTC, MANA, MKR, NEAR, OP, RENDER, SOL, STX, SUI, TAO, XLM, XRP, and ZEC.

ChainCatcher message, Gray announced on platform X that as of December 13, its suite of crypto products now supports 30 digital assets, including: $AAVE, $AVAX, $BAT, $BCH, $FIL, $GRT, $LDO, $LINK, $LPT, $LTC, $MANA, $MKR, $NEAR, $OP, $RENDER, $SOL, $STX, $SUI, $TAO, $XLM, $XRP, $ZEC, etc.

ChainCatcher news, according to CoinShares' latest weekly report, digital asset investment products continued to attract inflows last week, totaling $3.2 billion, marking the tenth consecutive week of inflows. Year-to-date, the total inflow has reached $44.5 billion, more than four times that of any other year. The average weekly trading volume of ETPs reached $21 billion, accounting for 30% of the total Bitcoin traded on trusted exchanges. In trusted exchanges, Bitcoin trading volume is highly liquid, with an average daily trading volume of $8.3 billion this year, which is twice that of the FTSE 100 index. In terms of regional capital flows, all regions experienced inflows, with overall sentiment generally positive, particularly in the U.S., Switzerland, Germany, and Brazil, which saw inflows of $3.1 billion, $36 million, $33 million, and $25 million, respectively.Bitcoin investment products attracted $2 billion in inflows, bringing the total inflow since the U.S. elections to $11.5 billion. Although the total assets under management (AuM) remain at a low level of $130 million, recent price increases have attracted $14.6 million in inflows for Bitcoin short products. Ethereum attracted inflows for the seventh consecutive week, totaling $1 billion, with total inflows over these seven weeks reaching $3.7 billion, indicating a significant improvement in market sentiment. With hopes for U.S.-listed ETFs rising, altcoin XRP attracted $145 million in inflows, while Polkadot and Litecoin attracted $3.7 million and $2.2 million in inflows, respectively.

ChainCatcher news, according to SBS Biz, the Korea Digital Asset Protection Foundation has officially begun operations, responsible for receiving, safeguarding, and managing user deposits and virtual assets held by virtual asset companies that have ceased operations, and returning them to users. Customer deposits held by trading companies in some virtual currency markets will also be transferred to the protection foundation.The protection foundation stated today that it has transferred the assets of approximately 40,000 users from five defunct virtual asset exchanges: Apro Korea, Ten and Ten, Hanbitco, Qbit, Pay Protocol, and AG to the foundation.Since the establishment of the protection foundation on September 26, the foundation has held individual meetings with the defunct companies to verify the status of the assets to be transferred, ensured the actual possession certification of user assets under custody, and conducted necessary procedures such as asset reviews and test transfers to ensure the safe transfer and management of user assets.The protection foundation plans to complete negotiations regarding the transfer of user assets with up to eight defunct companies by the end of this year, with five companies being the first to transfer assets.

ChainCatcher news, the Hong Kong listed company FEG Holdings Corporation Limited has released a supplementary announcement regarding the establishment of a joint venture, disclosing that its joint venture will focus on establishing and operating digital asset businesses in virtual real estate and decentralized finance, aiming to design and build multiple virtual environments in Decentraland, including a virtual stock trading hall, financial education center, decentralized exploration zone, virtual conference center, and innovation lab.In addition, FEG Holdings has also announced that it has identified a proposed CEO for the joint venture, and together with its joint partners, will contribute a total of HKD 25 million, but the related amount will continue to be determined based on budget allocation and operational expense analysis.

ChainCatcher news, asset management company VanEck previously released ten predictions for the 2025 cryptocurrency market on the X platform, but later stated that VanEck may hold positions in the mentioned digital assets. The information published is not intended as advice for buying or selling any securities or digital assets mentioned, nor as a call to action.VanEck stated that investing in digital assets carries significant risks and is not suitable for all investors, as their prices are extremely volatile, and there is no guarantee that they will rise again if their value declines.VanEck added that any predictions, forecasts, or forward-looking statements published are based on simulated results from research and are valid as of the date of publication; users should conduct their own research and draw their own conclusions.

ChainCatcher news, Forbes reporter Eleanor Terrett posted on the X platform that with French Hill becoming the chairman of the House Financial Services Committee, he will vacate the position of chairman of the Digital Assets, Fintech and Inclusion Subcommittee.Currently, potential candidates to succeed him include the current subcommittee vice chairman Warren Davidson, as well as Representatives Frank Lucas and Mike Flood.

ChainCatcher news, Swiss digital asset company Taurus will expand into Turkey.Taurus stated that the establishment of the new office is due to the new digital asset regulatory framework. This expansion is also expected to build on the foundation of its Dubai operations and create a strategic corridor connecting the European, Middle Eastern, and Asian markets. It has already established relationships in the Turkish market, including a partnership with Turkey's first new bank, Misyon Bank, to provide asset custody and tokenization services.Taurus Managing Director Bashir Kazour stated that they already have three banking clients in Turkey, and now they will be able to better serve their expanding client base.

ChainCatcher news, Tether's official announcement disclosed data that as of the beginning of the fourth quarter of 2024, there are 109 million on-chain wallets holding USDT, which is more than twice the number of wallets holding Bitcoin and close to the 128 million wallets holding Ethereum, making USDT one of the most widely held digital assets.There are also 86 million accounts on centralized platforms that have received on-chain USDT deposits. In the first three quarters of 2024, exchanges received 4.5 billion network visits, with 46% of the traffic coming from emerging markets.In summary, Tether estimates that among all 330 million on-chain users, at least one-third (109 million), and possibly half, still hold USDT.

ChainCatcher news, last week, the weekly inflow of digital asset investment products reached a record high, totaling $3.85 billion. This brings the total inflow for the year to date to $41 billion, with total assets under management (AuM) reaching a historic high of $165 billion.Many countries have seen inflows, with the highest inflow coming from the United States at $3.6 billion, followed by Switzerland, Germany, Canada, and Australia, with inflows of $160 million, $116 million, $14 million, and $10 million, respectively.Ethereum's weekly inflow reached a historic high of $1.2 billion. Meanwhile, Solana experienced an outflow of $14 million. The inflow of blockchain stocks reached $124 million, marking the largest inflow since January of this year.