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

Dec 29 — Kim Byung-ki, an in-house representative for South Korea’s ruling Democratic Party, is facing calls to resign amid allegations of a serious conflict of interest. Multiple South Korean media outlets have reported that Kim’s son interned at competing crypto exchange Bithumb while the lawmaker pushed to criticize Upbit—South Korea’s largest crypto platform—in the National Assembly. A former aide to Kim claims that at his behest, the team was instructed to “target” Dunamu, Upbit’s operator, zeroing in on allegations of market monopolization. The instructions allegedly came in February of this year, when Kim sat on the National Assembly’s Legislation and Judiciary Committee—the panel overseeing domestic financial institutions and crypto exchanges. Investigative outlet NewsTapa previously reported that Kim’s son was “quickly placed” as an intern on Bithumb’s data analytics team shortly after Kim held a private meeting with Bithumb in November 2024. In the weeks that followe

December 29, 2025 — Prediction markets are hitting a pivotal inflection point. Weekly trading volume across top platforms including Polymarket, Kalshi, Limitless, and Myriad has topped $2 billion, shifting from a period of regulatory uncertainty to becoming a critical new infrastructure layer in crypto and financial markets. Going back to late 2024, the U.S. presidential election marked a turning point for the space. Polymarket correctly called Trump’s victory, driving record trading volume and influence — but also drawing regulatory scrutiny, including a French ban and an FBI investigation. Later, the U.S. Commodity Futures Trading Commission (CFTC) reversed course, openly reevaluating its regulatory framework that had created a “legal uncertainty trap” and clearing hurdles for platforms like Kalshi. By early 2025, prediction markets had gone mainstream, with key milestones including: - Robinhood x Kalshi launch of an NCAA March Madness prediction market - Polymarket’s $112M

December 29: Bitcoin has staged a short-term rebound, breaking above $88,000, with its 24-hour decline narrowing to 0.14%, per HTX market data.

December 29: U.S. equities opened lower, with the Dow Jones Industrial Average (Dow) down 0.19%, the S&P 500 off 0.43%, and the Nasdaq Composite down 0.75%. Precious metals prices plummeted intraday, while mining stocks broadly opened lower. Among crypto-related stocks: MicroStrategy (MSTR) rose 0.29%; Coinbase (COIN) added 0.01%, Circle Internet Financial (CRCL) fell 1.24%; Sports Betting Technology (SBET) climbed 0.11%; BitMining (BMNR) gained 0.28%.

As of December 29th, Coinglass data shows Bitcoin (BTC) had a total net outflow of 1,706.50 BTC from centralized exchanges (CEXs) over the past 24 hours. Top three CEXs by outflow volume: - Kraken: 1,115.87 BTC - OKX: 426.06 BTC - Binance: 392.39 BTC Bybit led inflows with 509.45 BTC added to its platform.

December 29 — Per data from HyperInsight (tracked via their Telegram channel at t.me/HyperInsight), the "BTC OG Insider Whale" still holds **$740 million in long positions across BTC, ETH, and SOL**. Key metrics: - Unrealized losses now total **$54.5 million** (they briefly narrowed to $25 million during yesterday’s market uptrend). - The whale has paid **$3.2842 million in funding fees** to date. Breakdown of current positions: - **ETH long**: $594.75M position, entry price $3,147.39, unrealized loss $45.2M - **BTC long**: $87.38M position, entry price $91,506.70, unrealized loss $4.13M - **SOL long**: $62.82M position, entry price $130.19, unrealized loss $3.78M This version uses American English conventions (e.g., comma separators for large numbers, concise bullet points, natural phrasing like "still holds" instead of "continues to hold") and maintains all original data points.