Federal Reserve Governor Jefferson: No Need to Hurry to Further Cut Interest Rates, Strong Economy Makes Caution Appropriate

On December 31, Binance founder Changpeng Zhao (CZ) said that if Pakistan keeps up its current rate of progress in regulation and adoption, it’s on track to become one of the world’s top countries for cryptocurrency by 2030. He praised Pakistani leadership for acting quickly and accurately tapping into the real demand for digital assets from the young, tech-savvy population. CZ noted that Pakistan has taken several key steps this year, including setting up a virtual asset regulator, letting Binance and HTX operate in compliance, looking into Bitcoin reserves, and pushing for tokenization of real-world assets (RWA) to draw foreign investment and boost liquidity. On stock market tokenization, CZ said this will let global investors directly invest in Pakistani assets, creating a “truly global investment avenue” — and emphasized that countries that roll this out first will reap the biggest benefits. Additionally, CZ believes blockchain is more accessible to individuals and small b

December 31: Circle minted 1 billion USDC on the Solana network, per OnchainLens data. Over the past 11 hours, Circle and Tether have collectively minted an additional $2 billion in stablecoins (USDC and USDT).

On December 31, nutritional supplement firm Prenetics Global—backed by soccer star David Beckham—announced it is canceling its Bitcoin (BTC) reserves and hodling plan. The move comes less than three months after the Nasdaq-listed company closed a $48 million funding round, where it explicitly outlined a strategy to build a cryptocurrency asset treasury. Prenetics said it will refocus its strategic priorities on core consumer health brand IM8, calling it the “fastest-growing nutritional supplement brand in industry history.” In a Tuesday statement, the firm added it will no longer make future Bitcoin purchases. Back in October, Prenetics completed an oversubscribed equity financing round. Proceeds were originally earmarked to accelerate Bitcoin treasury construction and expand IM8. At the time, Bitcoin traded around $114,000; as of Tuesday afternoon, the price had dropped to roughly $88,000. Investors in the round included Beckham, Kraken, Exodus, Wu Jihan’s GPTX, DL Holdings,

**December 31** Tom Lee, Chairman of BitMine (the Ethereum Treasury Company), said on social media Thursday that “Typically, during these year-end holiday trading sessions, many institutional investors tend to step away temporarily. The market is largely driven by three key factors: - Quantitative programs and trading bots; - Tax-related stop-loss selling; This is a typical trait of market activity in the final days of December.” Separately, BlockBeats previously noted that on December 29, CoinShares’ latest weekly report showed digital asset products posted outflows of $446 million last week. Total outflows since October 10 have hit $3.2 billion, suggesting market sentiment has yet to fully rebound.

Dec 31: OnchainLens data shows a wallet tied to Arthur Hayes deposited 6.27 million ENA to Bybit, with the assets valued at roughly $1.28 million.

Per OnchainLens data, Bitmine has restaked 118,944 ETH (valued at roughly $3.52 billion) as of December 31st. Its total staked ETH now stands at 461,504, with an aggregate value of approximately $1.37 billion. Additionally, a newly created wallet received 32,938 ETH (worth around $97.8 million) from FalconX, and the wallet is likely controlled by Bitmine.