Fogo announced via social media on December 13 that it has officially canceled its token presale, which was originally scheduled for December 17. The project has shifted its current strategy to allocate more resources toward airdrop distribution. Since the presale announcement, the team has taken snapshots of three key groups: Fogo Fishers participants, Portal Bridge point holders, and all users who completed relevant USDC cross-chain transfers. These groups will receive corresponding rewards in Fogo Flames points. The Fogo Flames points program has long been a core pillar of the project’s ecosystem development, designed to deliver a more meaningful token distribution for developers, community members, and ecosystem participants. The first batch of these rewards will be distributed simultaneously across the entire network on January 13, when the Fogo mainnet launches.

On December 13, Donald Trump Jr. retweeted a post stating: "Aster and WLFI have collaborated to launch the RAVE/USD1 trading pair on Aster, and will introduce more USD1-paired trading pairs in the Aster ecosystem." In his comment, Trump Jr. noted: "This is a truly gradualist approach to adoption—boosting liquidity and expanding coverage. USD1 continues to scale and gain widespread recognition." Additional context: The RAVE/USD1 spot trading pair officially went live on Aster on December 12. Aster rolled out the highest 1.5x trading point reward in the platform’s history for this pair, while WLFI is providing point reward support for RAVE/USD1 traders—a first in the industry. This marks strong recognition of the RaveDAO ecosystem’s potential and community foundation.

December 13 — Per LookOnChain monitoring data, a whale address beginning with 0x2ee6 spent 539.6 BNB (roughly $476,000) to acquire 1.65 million RAVE tokens 8 hours ago. The address now holds RAVE tokens valued at approximately $950,000, resulting in unrealized gains exceeding $474,000 and a near 100% return on investment (ROI).

Whale 0x2ee6 spent 539.6 $BNB($476K) to buy 1.65M $RAVE eight hours ago, now worth $950K — sitting on over $474K in unrealized gains, nearly a 100% return.

Coinbase Institutional noted in a Dec. 13 social media post this week that the Federal Reserve’s 25 basis point rate cut matched market expectations—but its plan to roll out Treasury reserve management purchases within the next 30 days is a positive signal. Key details of the plan: - Initial operation size: $40 billion - Launch date: Dec. 12 This liquidity injection arrived earlier than expected, and reserve growth may persist through April 2026. We see the Fed’s shift from balance sheet reduction to net liquidity injection as “mild quantitative easing” or “stealth QE,” which could buoy the crypto market. With federal funds futures pricing in two more 25bp rate cuts (totaling 50bp) in the first nine months of 2026, the policy backdrop may be milder than previously forecast.

Tether, the world’s largest stablecoin issuer, is seeking full control of Italian soccer club Juventus, aiming to boost its existing minority stake to 100%, CoinDesk reported on December 13. The firm announced Friday it has submitted a binding all-cash offer to Exor—Juventus’ majority shareholder—to purchase the holding company’s 65.4% stake. Should the deal close, Tether plans to launch a mandatory tender offer for the remaining shares at the same price. Juventus FC SpA, the club’s publicly traded parent company, has a market cap of roughly $925 million based on Friday’s closing price. If the acquisition goes through, Tether said it is “prepared” to invest $1 billion into the club. “Our interest in Juventus comes from deep admiration and respect,” Paolo Ardoino, Tether’s CEO and a lifelong Juventus fan, said in a statement. “Tether has a strong financial position and plans to support the club’s growth with stable capital and a long-term vision.” Tether currently holds more th