WEEX C2C now supports trading between 8 fiat currencies and cryptocurrencies

December 9: On-chain data analyst Murphy noted that BTC balances across exchanges have dropped to just 2.936 million, marking a new cycle low. Far more BTC has been withdrawn from exchanges to be held as reserves than sent in for selling. The last time exchange balances hit this level was in the aftermath of the FTX flash crash on December 17, 2022. Notably, Binance’s BTC balance has exerted notable short-term price pressure: four sharp increases since the start of 2024 have all coincided with a weaker BTC price. Recently, Binance’s BTC balance has continued to decline, setting the stage for a rebound. On-chain data shows whale cohorts holding $1 million+ and $10 million+ in BTC are primarily withdrawing from exchanges, while retail investors (those with <$100,000 in holdings) tend to deposit into exchanges. Analysts say BTC’s rebound from $80,000 isn’t over yet.

According to monitoring from Trend News (https://t.me/trendsnewsCN), the Leviathan Lobster Cult officially launched the second the LORB token hit the market. Everything this lobster’s got going on is giving Jesus vibes—except this cult swapped Jesus out for a giant lobster. But let’s be real: every time we cop a memecoin, we hype it up like we’re part of a religion—praising it, spamming it to our friends, right? Even the totally random Leviathan Lobster? Same energy. At the end of the day, every token purchase is us buying into the narrative and ideals it’s pushing. Right now, the token’s sitting at a $400k market cap, with 24-hour trading volume hitting $1.4M. People are going nuts spreading and hyping it in crypto communities—total cult zealot energy, honestly. Turns out we’re all zealots for niche meme cults: buying tokens is just our offering to the “deity” of whatever we’re stanning.

**December 9 — IPFLOW.FUN, a Solana-based platform for tokenizing IP assets, announced that its first Chinese drama-themed token, “All-In LOL,” wrapped up its public sale on December 8, raising 2,255 SOL. More than 1,200 unique addresses participated, with 5% of the tokens set to be airdropped to holders of the platform’s JellyLore NFT collection.** **Immediately after the public sale closed, token distribution began, and liquidity provider (LP) funds were automatically migrated to Raydium. The token has surged 300% from its public sale price, currently trading at 0.0008 USDT.** **The token is officially licensed from the hit drama *I Went All-In to Win* (which boasts 1 billion views), blending meme market virality with perks like drama royalties distribution.**

On December 9, MicroStrategy (MSTR) Executive Chairman Michael Saylor confirmed the company will not launch perpetual preferred stock or "digital credit" products in Japan over the next 12 months—granting Japanese Bitcoin treasury firm Metaplanet a 12-month first-mover advantage in the market. Metaplanet plans to roll out two new digital credit tools: Mercury (pegged to MicroStrategy’s STRK) and Mars (pegged to its STRC). Mercury will offer a 4.9% yen yield—roughly 10x the return on Japanese bank deposits.

On December 9, Binance Alpha launched Midnight (NIGHT). The token currently has a $450 million market cap and trades at $0.025 per unit. Eligible users can claim an airdrop of 600 NIGHT tokens, which is worth roughly $15 at current prices.

On December 9, Hyperliquid’s layer-1 perpetual futures DEX trade.xyz (https://trade.xyz) announced the listing of tokenized shares of streaming giant Netflix (NFLX), with up to 10x leverage available for traders.