ChainCatcher news, according to CoinDesk, the pre-market stock price of Nasdaq-listed Bitcoin mining company Hut 8 rose to just below $30, an increase of over 11.75% from Wednesday's closing price of $26.69. The market speculates that Hut 8 is collaborating with Facebook's parent company Meta Platforms (META) to build a data center.It is reported that Hut 8 is constructing a data center in West Feliciana Parish, Louisiana, with an initial cost of $12 billion.According to Reuters, earlier this month, Meta also announced plans to build an artificial intelligence data center worth approximately $10 billion in Richland Parish, Louisiana. Bitcoin miners and artificial intelligence data centers have similarities in the equipment, computing power, and energy required for operation, leading the market to speculate that Hut 8 has reached a partnership with Meta, although it has not been officially announced. As of the time of publication, neither Hut 8 nor Meta has responded to this matter.

ChainCatcher news, CryptoQuant CEO Ki Young Ju stated, "According to the realized market cap metric, Bitcoin currently attracts about $80 billion in inflows each month. Nearly half of the funds accumulated in the Bitcoin market over the past 15 years were added this year. If you don't understand what this means, then you still don't understand Bitcoin."

ChainCatcher news, Bitget plans to establish a European regional center in Lithuania. Currently, Bitget has completed the registration of cryptocurrency business in Lithuania and will prepare for compliance work under the MiCA (EU Crypto Assets Market) framework, including setting up a local office and recruiting a compliance and operations team.Bitget's Chief Legal Officer Hon Ng stated, "Establishing a European regional center in Lithuania is a key initiative for us to deepen our market presence in the EU, while supporting the development of the crypto ecosystem in the region based on the highest security and compliance standards."Bitget places a high priority on compliant operations and has already obtained licenses in major markets such as Poland, Australia, and Italy. Recently, it has returned to the UK market to provide compliant crypto services to users. In addition, Bitget is initiating registration or licensing applications in over 15 jurisdictions worldwide.

ChainCatcher news, according to CoinDesk, Bitget CEO Gracy Chen stated that the exchange is re-evaluating its strategy in the United States, which may involve partnerships with American companies, although no decisions have been made yet.Previously, Bitget invested $30 million in TON, which is the blockchain network token associated with the popular messaging app Telegram.

ChainCatcher news, according to Bitcoin.com, Argentina's securities regulator CNV has announced a market-wide initiative allowing foreign investment products related to various cryptocurrency ETF opportunities (including Ethereum, Bitcoin, gold, etc.) to enter the market. CNV Chairman Roberto Silva emphasized, "Through these measures, we are elevating Argentina to the standards of the most developed markets internationally."

ChainCatcher news, Jubilee Royalty founder and CEO Tim Kotzman posted on X that the National Center for Public Policy Research (NCPPR) has submitted a shareholder proposal document to Amazon for consideration at the 2025 annual shareholder meeting.The proposal suggests that Amazon discuss whether to include Bitcoin in the company's financial reserve strategy and recommends investing at least 5% of total assets. Currently, the SEC's official website does not list any related documents, and Tim stated that this proxy statement will not be released until April 2025.

ChainCatcher news, Farcaster co-founder Varun Srinivasan stated on the X platform that the new data layer of the Farcaster social network, Snapchain, will enter Alpha testing in December, with a goal for a full launch in the first quarter of 2025. Snapchain is written in Rust, can handle over 10,000 TPS, and will support millions of daily active users. Snapchain allows users to make unlimited transactions for a fixed annual fee. Users create accounts by initiating transactions to the registration contract on the OP mainnet. After creating an account, users can sign Snapchain transactions using the "application key" configured by the registration center.

ChainCatcher news, Robinhood Markets Inc. CEO Vlad Tenev stated that the company will enter the Asian market next year, with Singapore as its local base in the region. Tenev said, "We plan to serve customers across Asia soon."Citigroup analyst Christopher Allen wrote in a report that Robinhood has been granted permission to expand its product offerings in the UK and announced plans to open a Asia-Pacific office in Singapore and obtain a brokerage license in the region.

ChainCatcher news, the governor of the Bank of Korea stated that a transition period may occur in the coming months, making it difficult to assess the direction of the political situation. He does not believe that turmoil will force the central bank to cut interest rates further.

ChainCatcher news, the listed Bitcoin mining company BIT Mining announced that it has signed a final agreement to acquire a 51-megawatt mining data center in Ethiopia and 17,869 Bitcoin mining machines, with a total consideration of $14.28 million, including a cash payment of $2.265 million and the issuance of Class A common stock with a par value of $0.00005 per share (totaling $12.015 million).

ChainCatcher news, the Secretary General of the National Assembly of Korea, Kim Min-ki, held a press conference on December 4 local time, expressing strong protest against the unconstitutional and illegal acts that occurred in the National Assembly building and the resulting damages.Kim Min-ki announced that starting from the 4th, access to the National Assembly building will be completely prohibited for personnel from the Ministry of National Defense and police. He stated, "This is an emergency measure to protect the personal safety of National Assembly members and ensure the functionality of the Assembly."Kim Min-ki mentioned that the National Assembly will "thoroughly assess the physical and other damages caused by this declaration of martial law" and will hold those responsible for illegal acts accountable. He also noted that, according to current information, this incident has resulted in injuries to National Assembly staff, and efforts are underway to accurately count the number of injuries and their severity. (Kim Ten)

ChainCatcher news, according to Decrypt, mining company Hive Digital announced an investment of $60 million to enter Paraguay.Hive Digital announced that it has purchased 13,480 new mining machines to expand its operations in the South American country. The deal, valued at over $60 million, will help the company capture 2% of the global Bitcoin network. The Bitmain Antminer S21+ Hydros offers a hash rate of 4.3 Exahashes per second (EH/s).Executive Chairman Frank Holmes stated that once fully deployed, expanding to 15 EH/s will "drive Hive's annual revenue to over $300 million and generate over $200 million in mining profits based on current mining economics."

ChainCatcher news, CryptoQuant CEO Ki Young Ju posted on X: "In the past 30 days, MicroStrategy (MSTR) spent $13.5 billion to buy 149,900 BTC, and the value of their holdings has increased by $21.5 billion.The Bitcoin market cannot absorb tens of billions of dollars in the short term without driving up prices, so returns are almost inevitable. If BTC breaks through $100,000, then as it enters the price discovery phase, gains could further increase."

ChainCatcher news, the Web3 game platform Portal has launched a cross-chain crypto game center and wallet. The Portal Wallet supports 20 Ethereum Virtual Machine (EVM) chains, including game chains like Immutable, Ronin, and Xai, as well as Ethereum itself and general scaling networks like Arbitrum and Base. This wallet aims to help address interoperability issues between chains.