US Stock Futures Dive Further

On December 19th, Michael Saylor noted in an interview that while Bitcoin’s price has underperformed (dropping from $100,000 to $87,000), the past year has seen unprecedented progress in regulation, institutional adoption, derivatives markets, bank credit, and fair value accounting—laying the groundwork for global adoption. Bitcoin, he added, represents an economic energy breakthrough that can boost human economic longevity. Additionally, Saylor is bullish on quantum computing, arguing it will trigger a network upgrade and deflationary event. He takes a conservative stance on changes to Bitcoin’s protocol, advocating against unnecessary feature expansion to preserve its core role as a digital asset.

December 19th — On-chain data shows stablecoin U launched yesterday, with its circulating supply hitting $58.9 million in less than 24 hours since going live. Earlier reports: United Stables officially rolled out its U.S. dollar stablecoin U, which is now deployed on both the BNB Smart Chain (BSC) and Ethereum (ETH) blockchains and has completed multiple ecosystem integrations. For ecosystem support, U integrates with major DeFi protocols including PancakeSwap, Aster, Four.meme, and ListaDAO — letting users directly engage in on-chain trading, staking, lending, and liquidity provision. On the wallet front, Binance Wallet, Trust Wallet, and SafePal have added U to their platforms. Beyond the on-chain space, U has also been listed on centralized exchange HTX.

On December 19, Arthur Hayes weighed in on Japan’s interest rate policy, saying: “Don’t fight the Bank of Japan—negative real rates are their trump card.”

He also forecast: “The yen will fall to 200 against the dollar, and Bitcoin will hit $1 million.”

On December 19, per GMGN monitoring (via the link: https://t.me/gmgnaibot?start=i_m4TE56o8), the Solana-based meme coin JELLYJELLY extended its rally overnight and into this morning, peaking at $0.143 before a modest pullback. It is currently trading at $0.128, with a market capitalization of roughly $128 million and a 24-hour gain of around 40%. BlockBeats advises users that meme coins are extremely volatile, often fueled by market sentiment and hype, with no inherent value or practical use case. Investors should be mindful of the associated risks.

On December 19, Chinese crypto analyst Banmuxia released a video noting the market has fully priced in Japan’s recent interest rate hike, while the future path of rate increases still requires further observation. Banmuxia again emphasized two key premises for his bullish stance on Bitcoin: **the Federal Reserve’s balance sheet expansion and Bitcoin’s technical structure being in a sideways consolidation phase**. Through technical analysis, he identified Bitcoin’s key resistance range as $98,600 to $107,000, with $112,500 acting as a strong resistance level—though he noted the market will likely face high complexity during this period.

Breaking (Dec. 19): A whale has withdrawn 720 Bitcoin—valued at roughly $62.79 million—from Binance just 10 minutes ago, per Onchain Lens data.