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「BTC OG Insider Whale」 Proxy: Silver and Other Precious Metals Spike Driven by Short Squeeze, Once Retreat Begins, Funds Will Flow into Bitcoin and Ethereum

2 hours ago

On December 24, Garrett Jin—linked to the "BTC OG Insider Whale" account—posted that the rally in silver, palladium, and platinum is primarily driven by short squeezes and unlikely to hold. Once these metals start to retreat, they’ll likely drag gold down too. Funds are set to rotate out of the precious metals sector and flow into Bitcoin and Ethereum.
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Yesterday Bitcoin ETF saw a net outflow of $1.886 billion, while Ethereum ETF saw a net outflow of $95.5 million

On December 24, Farside Investors reported that Bitcoin ETFs saw a net outflow of $188.6 million yesterday, while Ethereum ETFs recorded a net outflow of $95.5 million.

12 minutes ago

HashKey Capital has successfully closed the first round of funding for its fourth fund, raising $250 million.

HashKey Capital announced on December 24 that it has closed the first round of fundraising for its fourth fund—the HashKey Fintech Multi-Strategy Fund IV—securing $250 million. The firm previously set a final target asset under management (AUM) of $500 million for the fund. Its investor base is diverse, including institutional investors, prominent family offices and high-net-worth individuals. HashKey Capital noted the fourth fund will employ a diversified investment strategy, focusing on global infrastructure, scalability and large-scale application scenarios. It combines public market investment strategies with liquidity-driven cross-investment opportunities, and will selectively pursue private market investments to boost the alpha of innovative projects.

12 minutes ago

Hyper Foundation: The HYPE held by the Aid Fund has been officially recognized as burned

On December 24th, the Hyper Foundation announced via social media that the HYPE tokens in its grant address have been officially confirmed as burned. The governance vote was conducted through a stake-weighted mechanism: 85% of staked tokens supported the burn, 7% opposed it, and 8% abstained.

12 minutes ago

Elon Musk: Trend Research is preparing another $1 billion, continuing to buy more ETH on top of it

December 24 – Yi Lihua, founder of Liquid Capital (formerly LD Capital), said in a social media post: "Trend Research is earmarking an additional $1 billion to keep buying ETH on top of its current position. We mean what we say—we strongly advise against shorting, and this is undoubtedly a historic opportunity."

12 minutes ago

The Hong Kong Securities and Futures Commission has included "Profit Alliance" and "Globiance X/Globiance HK" in its list of suspicious virtual asset trading platforms

Hong Kong’s Securities and Futures Commission (SFC) said on December 24 it has added “ProfitCoke” and “Globiance X Limited / Globiance HK Limited” to its list of suspicious virtual asset trading platforms. The regulator noted both entities are promoting and operating virtual asset trading platforms and are allegedly engaging in unlicensed activities. Separately, some investors have reported trouble withdrawing their assets from the Globiance X/Globiance HK platforms.

12 minutes ago

Solana on-chain meme activity sees significant surge, with PIPPIN posting a 35% gain

On December 24, per GMGN monitoring (via this link), several meme tokens on the Solana blockchain have seen notable performance, with significant price surges over the past 24 hours: - PIPPIN: 35.5% gain in 24 hours; market cap ~$486 million, current price ~$0.487 - ACT: 14.1% increase over the past day; market cap ~$35.18 million, current price ~$0.037 - WhiteWhale: 20.9% up in 24 hours; market cap ~$8.21 million, current price ~$0.0082 - snowball: 51.6% surge in the past 24 hours; market cap ~$7.94 million, current price ~$0.0079 BlockBeats reminds users that meme coins are highly volatile, heavily driven by market sentiment and hype, and lack inherent value or real-world use cases. Investors should be mindful of the associated risks.

12 minutes ago