ChainCatcher news, OpenAI has reached an agreement with Japan's SoftBank Group, where approximately 400 current and former employees will cash out millions of dollars by selling shares to SoftBank. According to sources, SoftBank will acquire OpenAI shares at a price of $210 per share, with a total amount potentially reaching $1.6 billion. Employees can cash out part of their equity through this transaction, provided they received restricted stock units over two years ago.OpenAI's current valuation is $157 billion, and eligible employees must decide whether to sell their shares by December 24. Current employees can cash out up to $10 million each, while former employees have a maximum limit of $2 million.The total expected amount for this transaction is $2 billion, of which SoftBank has agreed to purchase $1.6 billion in shares, with the remaining $400 million in shares potentially going unsold.

ChainCatcher news, according to Blockworks, the crypto investment firm Bitwise has released its 2025 market outlook report, predicting that the stock price of cryptocurrency exchange Coinbase (COIN) will surge from the current $324 to $700, with a market capitalization expected to surpass Charles Schwab, becoming the largest brokerage in the world. Bitwise had previously accurately predicted that MicroStrategy (MSTR) would be included in the Nasdaq 100 index and expects Coinbase to enter the S&P 500 index next year. CoinShares anticipates that as more companies hold Bitcoin, Bitcoin yield strategies will become the new normal for corporate finance.In addition, Bitwise predicts that the U.S. Department of Labor will relax restrictions on 401(k) pension investments in cryptocurrencies by 2025. Multiple institutions are optimistic about the prospects of the real-world asset tokenization (RWA) market, expecting its scale to exceed $50 billion, with the U.S. Treasury token fund BUIDL, supported by BlackRock, potentially reaching a scale of $50 billion.

ChainCatcher news, according to Phoenix News, 21Shares XRP Trust has been registered in the state of Delaware, USA, under the name "21Shares XRP Trust". The entity was established on June 3, 2024, is a statutory trust, and the registered agent is CSC Delaware Trust Company, located in Wilmington, Delaware.

ChainCatcher message, according to MicroStrategy's latest submitted 8-K filing, MicroStrategy announced that during the period from December 9, 2024, to December 15, 2024, the company sold a total of 3,884,712 shares under the Sales Agreement, resulting in a net gain of approximately $1.54 billion (after deducting sales commissions). As of December 15, 2024, there are still approximately $7.65 billion worth of shares available for issuance and sale under the Sales Agreement.Earlier news reported that MicroStrategy spent about $1.5 billion to acquire an additional 15,350 bitcoins.

ChainCatcher message, according to MicroStrategy's latest submitted 8-K filing, MicroStrategy sold a total of 3,884,712 shares between December 9, 2024, and December 15, 2024, resulting in a net gain of approximately $1.54 billion (after deducting sales commissions).As of December 15, 2024, there are still approximately $7.65 billion worth of shares available for issuance and sale under the Sales Agreement.

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, CoinShares' latest research report shows that the average cash mining cost for publicly listed Bitcoin mining companies rose to $55,950 in the third quarter, an increase of 13% from $49,500 in the second quarter. When accounting for non-cash costs such as depreciation and equity incentives, the average mining cost will reach $106,000.The report points out that the rise in mining costs is mainly influenced by three factors: the AI boom has diverted expansion funds for mining companies; some mining companies are focusing on a holding strategy (HODL) rather than expanding their operations; and the increase in electricity costs during the summer in Texas has affected mining production. In terms of specific company performance, Marathon has become the mining company with the lowest cash costs, mainly benefiting from increased Bitcoin production and tax incentives; TeraWulf ranked third due to a significant 92% decrease in debt expenditures and a 20% reduction in costs; Riot, despite improvements in operational efficiency, has dropped to seventh place.

ChainCatcher news, CoinShares' latest research report shows that the average cash mining cost of publicly listed mining companies for Bitcoin in the third quarter rose to $55,950, an increase of 13% from $49,500 in the second quarter. When accounting for non-cash costs such as depreciation and stock-based compensation, the average mining cost will reach $106,000.The report points out that the rise in mining costs is mainly influenced by three factors: the AI boom has diverted expansion funds from mining companies; some mining companies are focusing on a holding strategy (HODL) rather than expanding their operations; and the summer electricity costs in Texas have impacted mining production.In terms of specific mining company performance, Marathon has become the mining company with the lowest cash costs, mainly benefiting from increased Bitcoin production and tax incentives; TeraWulf saw a significant decrease in debt expenses by 92%, reducing costs by 20%, ranking third; Riot, despite improving operational efficiency, has dropped to seventh place.Looking ahead to 2025, the report predicts that AI business may bring new opportunities for mining companies like TeraWulf and Cipher; machine costs may increase with the rise in Bitcoin prices; and some mining companies may face financial pressure, suggesting a focus on risks.

ChainCatcher news, according to Cointelegraph, European cryptocurrency investment firm CoinShares released its outlook for the crypto industry in 2025 on December 11, highlighting the profound impact of political shifts in the U.S., the development of Solana, and XRP.The report states that one major trend for 2025 is Bitcoin yield solutions, allowing users to gain additional value through holding BTC. This trend reflects a broader recognition that Bitcoin is not only a store of value but also a means of generating income. An important indicator of increased Bitcoin reserves in 2025 will be the growing acceptance of cryptocurrency payments globally.CoinShares identified three main types of Bitcoin yields. The first is the growth of Bitcoin holdings relative to company stocks; the second is yield mining, which generates income by lending out Bitcoin; the third strategy is to create income from Bitcoin reserves using derivatives.

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.

ChainCatcher news, according to Bitcoin.com, El Salvador's President Nayib Bukele is a proponent of Bitcoin, and he celebrated the $100,000 milestone in a unique way.It is reported that Nayib Bukele shared a screenshot showing that his Bitcoin investment policy over the past three years has brought El Salvador more than $300 million in unrealized gains, in order to criticize his detractors.

ChainCatcher news, according to The Block, executives from 21Shares, Coinbase, and SkyBridge Capital discussed the topic of cryptocurrency entering the mainstream this year at the Emergence conference on Friday.Hany Rashwan, co-founder and CEO of 21Shares, stated on Friday: "We haven't seen such a turning point in the global order for a long time. The status of the dollar as a reserve currency is under threat. We have seen this from euro bonds and the oil crisis, and we have weathered these challenges. Therefore, we may be entering a period of 5 to 20 years during which many will make significant moves, and we will wait to see how it turns out."Daniel Seifert, Vice President and Regional Managing Director for Europe, the Middle East, and Africa at Coinbase, said: "A large number of well-known companies and institutional participants from the United States have poured all their efforts into this project and activated the distribution network here." SkyBridge Capital's Head of Research, John Svolos, noted that the rising adoption rate of stablecoins has also driven overall demand for cryptocurrencies.

ChainCatcher news, according to Bloomberg, Bitcoin has retreated after hitting an all-time high, with some traders seeking to hedge against deeper pullback risks after the original cryptocurrency surged above $100,000 for the first time. According to data from Amberdata, which tracks digital asset market data, the largest open interest in put options was for strike prices of $95,000 and $100,000 in the past 24 hours, with increased demand for put options in the $75,000 and $70,000 range as well.Luke Nolan, a research assistant at crypto asset management firm CoinShares, stated, "When we break it down by expiration date, we can see that the open interest in put options is mainly concentrated at the end of December and the end of January next year, with some in the end of February next year, which logically makes sense to hedge against any pullback or unexpected situation that may arise from this significant surge."

ChainCatcher news, according to GlobeNewswire, digital asset management company 21.co announced a restructuring of its operational framework, splitting its original business into two independent entities: 21Shares and 21.co Technologies. 21.co will continue to serve as the holding company for both entities. The new structure will take effect on January 6, 2025.After the restructuring, co-founders Hany Rashwan and Ophelia Snyder will serve as co-chairs of 21Shares and will focus their efforts on 21.co Technologies, serving as CEO and President, respectively. Former abrdn Global Head of Alternatives and Multi-Asset Investing Russell Barlow will take on the role of CEO of 21Shares, managing over $20 billion in assets.21Shares will focus on asset management and ETP business, while 21.co Technologies will be dedicated to developing next-generation products such as tokenized assets, smart contracts, and risk management. This business restructuring aims to respond to a new wave of growth in the digital asset industry, allowing both entities to better achieve their respective business objectives.

ChainCatcher news, according to CoinShares' latest weekly report, the total inflow of digital asset investment products reached $270 million last week, while the total inflow for the year to date has set a new record of $37.3 billion. Bitcoin saw an outflow of $457 million, marking the first significant outflow since early September this year, which may be attributed to profit-taking after Bitcoin tested the psychological level of $100,000. Ethereum's inflow was $634 million, and it experienced a sharp shift in market sentiment, with a total inflow of $2.2 billion year to date.

ChainCatcher news, according to market news, MicroStrategy sold 3.7 million shares of stock, netting $1.48 billion.

ChainCatcher news, Binance co-founder Zhao Changpeng shared his management insights on social media, stating: "Small decisions, big meetings. Big decisions, small meetings."

ChainCatcher message, Arkham data shows that about 19 hours ago, 21Shares (21.co) Arbitrum exchange-traded products transferred a total of 1,364,108.613 ARB to Flow Traders through two transactions, worth approximately $1.27 million;10 hours ago, 21Shares crypto basket index ETP HODL exchange-traded products transferred 66.017 BTC to Flow Traders, worth $6.43 million.

ChainCatcher news, according to K33 Research data, the VolatilityShares 2x Long Ethereum ETF's ETH equivalent holdings have significantly increased. From 106,750 ETH on November 5 to 384,900 ETH on November 27, a net increase of 278,150 ETH, representing a growth of 160%.K33 Research's research director Vetle Lunde pointed out that the ETF's current holdings now account for 50.1% of the Chicago Mercantile Exchange (CME) Ethereum futures open interest, indicating a sustained increase in investor demand for leveraged Ethereum exposure in recent weeks.