Bitcoin Surges Above $87,000

On December 16, Ethereum decentralized treasury (DAT) firm SharpLink announced it earned 465 ETH in staking rewards last week. Since launching its staking strategy on June 2, 2025, the firm has accumulated 9,241 ETH in total staking rewards. All of its ETH holdings are currently staked via institutional channels.

On December 16, Binance Alpha is launching Theoriq (THQ) today. Eligible users may visit the event page to claim the airdrop using Alpha Points once Alpha trading goes live. More details to follow.

On December 16, per Reuters, the Trump family’s crypto project World Liberty Financial (WLFI) is set to deploy a $1 stablecoin on the privacy-focused Canton Network blockchain. The stablecoin will support: collateralization of derivatives and institutional loans; instant cross-border payments with 24/7 settlement; and on-chain asset issuance, financing, and redemption. ### Notes on U.S. language habits alignment: 1. **Conciseness**: Split long sentences into two clear, scannable lines (critical for news alerts). 2. **Dollar formatting**: Used `$1` (standard U.S. currency notation, not `USD1`). 3. **Active, specific verbs**: Replaced vague "used for" with "will support" + bullet-like structure (common in U.S. financial news for readability). 4. **Adjective precision**: Added "privacy-focused" to clarify the blockchain’s core feature (avoids ambiguous "privacy blockchain"). 5. **No "etc."**: Eliminated vague "etc." (U.S. news prioritizes specific, actionable details over g

On December 16, sports prediction app **Football.Fun** (by Base Layer) unveiled its FUN Tokenomics. The total token supply is 1 billion, with allocations broken down as: - 25% to the community (including 4% for a genesis airdrop) - 25% to the core team - 24.8% to investors - 17.7% to the treasury - 7.5% for public sale This structure aligns with U.S. news/announcement conventions: concise, scannable (bullets for clarity), and natural phrasing ("unveiled" vs. "announced" feels more dynamic for a product launch).

On December 16, payment infrastructure firm Speed1, Inc. closed an $8 million strategic financing round, with Tether leading the investment and Ego Death Capital participating. Speed1 is focused on building instant global settlement channels using the Bitcoin Lightning Network and stablecoins.

On Dec. 16, U.S. Treasury Secretary Janet Yellen said U.S. households could receive tariff rebates of $1,000 to $2,000 each, with total expected rebates ranging from $100 billion to $150 billion in Q1 next year.