BTC jumps to $88000 after Japan raises interest rates, and Arthur Hayes sees this as positive news

Binance WLD/USDT perpetual trading volume surged 8 times within 10 minutes, with a turnover of 32.04 million US dollars in the past 24 hours, a decrease of 0.04% A surge in trading volume generally indicates an increase in market trading activity or large-scale fund buying and selling operations, which may be caused by certain important market changes or news announcements. According to AiCoin data, the comprehensive ranking of Binance contracts ranks first in the world

[A Certain Whale Accumulated 273.08 Million PENGU Over the Past Two Weeks] A certain whale withdrew 272.2 million PENGU worth $2.52 million from Binance. Over the past two weeks, the whale has accumulated a total of 273.08 million PENGU (worth $2.55 million) and 405.84 TRUMP (worth $2,240).

Etherealize Co-Founder Danny Ryan stated that although the Trump administration has been pushing for legislation, the crypto industry may face political backlash after Trump's departure due to conflicts of interest involving companies endorsed by the Trump family. Danny Ryan emphasized that the crypto industry must accelerate development during this window of opportunity and demonstrate its value as critical global infrastructure by attracting global capital. Danny Ryan pointed out that if crypto technology becomes deeply embedded in the financial system, future regulations will likely focus on refinement rather than elimination. Etherealize observed during the CLARITY Act hearing that the Democratic Party's focus on Trump's conflicts of interest has already hindered legislative progress.

[Brooklyn Man Impersonates Coinbase Customer Service, Defrauds Nearly $16 Million] The Brooklyn District Attorney's Office in New York stated on December 21 that a 23-year-old resident has been charged with impersonating Coinbase customer service, using phishing schemes to steal nearly $16 million from approximately 100 users, and laundering the money through a mixer. Authorities have recovered approximately $105,000 in cash and $400,000 worth of cryptocurrency. Coinbase CEO Brian Armstrong stated that the fraudster will be held accountable.

Bitwise has submitted its application for a spot SUI ETF to the US Securities and Exchange Commission (SEC). （Cointelegraph）