Suspected Sonic Labs-Related Address Transfers 11.78 Million S Tokens to Binance, Valued at Approximately $5.55 Million

On December 20, the foundation backing the EigenLayer restaking protocol proposed a governance update—one that would introduce a new incentive mechanism for its EIGEN token and adjust the protocol’s reward strategy to prioritize efficient network activity and fee generation. Under the proposal, a newly established Incentive Committee would oversee token issuance, with a focus on rewarding parties that secure Actively Validated Services (AVSs) and expand the EigenCloud ecosystem. The plan also includes a fee model that redirects AVS rewards and EigenCloud service revenue to EIGEN holders—a shift that could exert deflationary pressure as the ecosystem scales.

December 20 — Coinbase Markets announced in an official statement that Brevis (BREV) has been added to its listing roadmap. Brevis is a cross-chain data proof platform powered by zero-knowledge proofs, built to enable dApps to access, compute and utilize on-chain data across multiple blockchains without relying on third-party trust.

December 20 — Per Onchain Lens monitoring, three newly created wallets have received 2,509 BTC (totaling $221.07 million) from FalconX over the past 12 hours.

On December 20, White House economic advisor Kevin Hassett told Fox Business in an interview Friday that President Trump’s claim inflation is low is correct—even as data, public sentiment and most economists disagree. Hassett argued assessing inflation year-over-year is a common mistake; instead, he said, analyzing three-month moving average price pressures is more accurate. That metric shows price pressures haven’t meaningfully exceeded the Federal Reserve’s 2% target and are actually below it, he noted. Based on the three-month average, current inflation is around 1.6%, he explained. U.S. core inflation is “at or below the target level,” he added, leaving the Fed with “ample room” to cut rates.

On December 20th, cryptocurrency-related U.S. stocks posted a broad advance, per market data, with the following notable gains: - Bitmine (BMNR): +9.94% - Bit Digital (BTBT): +9.65% - SharpLink Gaming (SBET): +7.98% - American Bitcoin (ABTC): +7.23% - MicroStrategy (MSTR): +4.08% This aligns with U.S. financial news style—concise, direct, and using common phrases like "posted a broad advance" (standard for market gains) and "per market data" (casual yet professional for quick updates). The bullet points and "+" for gains enhance readability, matching how U.S. media often presents stock movement snippets.

On December 20th, Sean Farrell—Fundstrat’s Director of Cryptocurrency Strategy (reporting to Tom Lee)—stated in the firm’s *2026 Cryptocurrency Outlook* report: “While Bitcoin and the broader crypto market still have strong long-term bullish drivers, liquidity-fueled support is expected to emerge in 2026, we may still need to price in several risks in Q1/Q2 2026, which could create more attractive entry points.” My baseline call: A more notable pullback will hit H1 2026. Bitcoin could drop to $60,000–$65,000, Ethereum to $1,800–$2,000, and SOL to $50–$75. These levels will offer better positioning opportunities ahead of year-end. If this call proves wrong, I still favor a defensive stance, waiting for confirmation signals of a strengthening trend. Year-end targets: ~$115,000 for Bitcoin, ~$4,500 for Ethereum. Within this framework, ETH will show more pronounced relative strength. This makes sense, as Ethereum has more favorable structural fund flow traits: no miner selling pres