MicroStrategy bought another 2,530 $BTC($243M) at an average price of $95,972 last week!

On December 10, Musk announced that Grok 4.20 will launch in roughly three weeks, while Grok 5 is set to roll out in a few months. Grok 4.20 is a major update to xAI’s fourth-generation Grok AI model. It first surfaced on test platforms like Alpha Arena under the guise of a “mystery model,” delivering strong performance in stock trading simulations—with an average return rate of 12.11% (peaking at 47%). The update also shows notable improvements in real-time data analysis, financial reasoning, and complex problem-solving. Grok 5 is xAI’s next flagship AI model, designed to drive breakthroughs toward Artificial General Intelligence (AGI). It features 6 trillion parameters—double the count of Grok 4. Musk estimates the probability of achieving AGI is 10% and rising, and the model will have “instant learning” capabilities, quickly adapting to new tasks via dynamic reinforcement learning.

**December 10, Washington D.C.** — At the Blockchain Association Policy Summit, New York Democratic Senator Kirsten Gillibrand and Wyoming Republican Senator Cynthia Lummis discussed Congress’s push for comprehensive cryptocurrency industry regulation. Lummis stated the goal is to release a draft of the CLARITY (Market Structure) Act by this weekend, followed by a hearing next week for amendments and a vote. Both parties are in ongoing bipartisan talks—their first meeting last week went very smoothly. “Nothing is holding this bill up,” she noted. Congress has long sought to advance broader cryptocurrency market structure legislation, but progress has lagged. This July, the House passed its version of the Digital Asset Market Structure and Investor Protection Act, providing new momentum. Since then, the Senate has moved forward with a comparable bill: the Senate Banking Committee’s draft explicitly defines regulatory jurisdiction between the SEC (Securities and Exchange Commission

**December 10th (Bloomberg) —** U.S. President Donald Trump said this week will kick off the final round of interviews for the next Federal Reserve chair, with multiple candidates under consideration. Speaking to reporters aboard Air Force One on Tuesday, Trump noted: “We’ll look at several different candidates, but I know exactly who I want.” White House National Economic Council Director Kevin Hassett remains the front-runner to succeed Jerome Powell as Fed chief, though his selection is not a certainty. Trump recently stated he will soon pick a new Fed chair but could hold off on the announcement until early 2026. On Wednesday, Trump and U.S. Treasury Secretary Benet will interview former Fed Governor Kevin Wash. The pair are expected to hold at least one more interview next week.

On December 10, TRUMP Meme Token officially announced that its TRUMP mobile game is coming soon—built exclusively for diehard Trump supporters. The waitlist is now open, and participants will have the chance to split $1 million worth of TRUMP tokens as rewards for joining and playing the game once it launches.

December 10 — Crypto markets staged a broad rebound Tuesday, per HTX market data. Bitcoin surged earlier in the session to top $94,500, and was last trading at $92,900 — a 24-hour gain of 2.48%. Ethereum neared $3,400 at one point and was last at $3,332, up 6.69% over 24 hours. Total crypto market capitalization rose to $3.263 trillion, up 2.7% in the past day. Notable altcoin gainers included: ZEN (19.11% 24h gain); LUNA (18.22%); AXL (17.88%); HYPER (14.78%); WIF (12.89%). U.S. stocks closed mixed Tuesday: The Dow Jones Industrial Average fell 0.37% intraday before paring losses, the S&P 500 dropped 0.09%, and the Nasdaq Composite rose 0.1%. All crypto-related U.S. equities advanced, led by Ethereum Treasury (DAT) firms, including: MicroStrategy (MSTR) +2.89%; Circle (CRCL) +5.93%; Coinbase (COIN) +1.15%; MARA Holdings (MARA) +1.66%; Riot Blockchain (RIOT) +3.68%; Bit Digital Immersion (BMNR) +9.32%; SharpLink Gaming (SBET) +4.88%.

On December 10, Bloomberg reported that SpaceX is expected to launch an initial public offering (IPO) in mid-2026 with a valuation of approximately $1.5 trillion. Fundraising from the offering is projected to far exceed $30 billion, potentially making it the largest IPO in history. Exact timing will hinge on market conditions. Additionally, SpaceX projects 2025 sales of roughly $15 billion, with 2026 revenue expected to hit $22 billion to $24 billion.