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According to BlockBeats, El Salvador's President Nayib Bukele has intensified the country's daily Bitcoin acquisition efforts. Max Keiser, a senior Bitcoin advisor to the president, disclosed that the administration's medium-term goal is to accumulate an additional 20,000 Bitcoins.

According to Odaily, Max Keiser, a senior Bitcoin advisor to the President of El Salvador, disclosed that President Bukele has intensified the country's daily Bitcoin purchases. The medium-term goal is to acquire an additional 20,000 Bitcoins.

According to PANews, Bitwise has released updated data on its cryptocurrency exchange-traded funds (ETFs) as of December 20. The company's Bitcoin ETF holds 41,165.79 BTC, valued at approximately $3,986,965,091.07. Meanwhile, its Ethereum ETF contains 119,021.31 ETH, with an estimated value of $411,507,871.29.

On Dec 21, 2024, 13:28 PM(UTC). According to Binance Market Data, BNB has dropped below 660 USDT and is now trading at 658.570007 USDT, with a narrowed narrowed 2.18% increase in 24 hours.

On Dec 21, 2024, 13:23 PM(UTC). According to Binance Market Data, Bitcoin has dropped below 97,000 USDT and is now trading at 96,840 USDT, with a narrowed narrowed 3.44% increase in 24 hours.

On Dec 21, 2024, 13:18 PM(UTC). According to Binance Market Data, Ethereum has dropped below 3,400 USDT and is now trading at 3,393 USDT, with a narrowed narrowed 5.45% increase in 24 hours.

According to Odaily, CryptoQuant CEO Ki Young Ju commented on the X platform regarding a video by crypto influencer The BTC Therapist. He stated that MicroStrategy has emerged as another 'USD-Bitcoin gateway.' However, its design is innovative enough to frustrate those who find it difficult to grasp. This high-performance gateway has successfully processed $27 billion into 439,000 BTC.

According to BlockBeats, data from Farside Investors indicates that U.S. Bitcoin spot ETFs experienced a total net inflow of $457.2 million this week.

According to PANews, a Shenzhen employee who was laid off after a probationary period received 20,000 yuan in wages and 10,000 yuan in compensation from the company. The employee claimed an additional 25,000 yuan in unpaid virtual currency wages and took the matter to court. The court ruled that the employee's evidence was insufficient and noted that Tether (USDT) is not recognized as legal currency. Consequently, the court ordered the company to pay an additional 10,000 yuan in compensation but dismissed the claim for virtual currency wages. The employee's appeal was rejected, and the original judgment was upheld.

On Dec 21, 2024, 12:35 PM(UTC). According to Binance Market Data, BNB has dropped below 670 USDT and is now trading at 669.75 USDT, with a narrowed narrowed 3.63% increase in 24 hours.

According to PANews, Whale Alert has reported that the USDC Treasury minted an additional 50 million USDC on the Ethereum blockchain today at approximately 20:07 UTC+8.

The U.S. Senate has passed a budget bill, narrowly avoiding what could have been the first federal government shutdown since 2019. The legislation, approved by an 85-11 margin, follows the House of Representatives' earlier approval and now heads to President Joe Biden for his signature, according to BBC.Key Highlights of the Budget Deal:The bill excludes President-elect Donald Trump’s demand to raise the federal borrowing limit, showcasing limits to his influence over Republican lawmakers.Includes $100 billion for disaster relief and $10 billion in aid for farmers.Strips provisions from earlier drafts, such as pay raises for lawmakers, healthcare reforms, and funding for infrastructure projects like the Baltimore bridge.Without this deal, millions of federal employees could have faced unpaid leave or worked without pay, with public services and assistance programs severely disrupted. The last government shutdown in 2019 lasted 35 days, the longest in U.S. history.Behind-the-Scenes NegotiationsThe legislation faced significant hurdles as it underwent intense scrutiny and revisions. The 118-page "American Relief Act, 2025" saw opposition from Trump and Elon Musk, who urged Republicans to reject earlier versions. Despite Musk’s lobbying, key Democratic provisions and Trump’s debt-limit demands were excluded from the final version.Political DynamicsSpeaker of the House Mike Johnson faced criticism from his own party over his handling of the process but expressed gratitude after the bill’s passage, calling it a setup for a "big and important new start" in January. He credited frequent communication with Trump and Musk during the negotiations for the bill’s eventual approval.Musk, who has been tapped by Trump to focus on government spending reductions, praised Johnson's leadership, describing the final bill as significantly streamlined compared to earlier drafts.Implications for the FutureThe intense negotiations signal potential legislative challenges ahead, with Republicans set to take control of both chambers of Congress in January. As Speaker Johnson and President-elect Trump prepare for their next term, the budget fight offers a glimpse of the tense policy battles to come.

According to Odaily, Glassnode recently shared insights on the X platform, noting an interesting trend in the Bitcoin market. As the market expands, the severity of Bitcoin's pullbacks during bull market uptrends has decreased. The deepest pullback in this cycle was recorded at -32% on August 5, 2024. Most corrections have only seen a decline of about 25% from previous highs. This trend reflects the demand for spot ETFs and increasing institutional interest.

According to PANews, CryptoQuant's founder and CEO, Ki Young Ju, expressed on the X platform that it is entirely feasible to use Bitcoin to repay U.S. debt if there is a consensus on Bitcoin's status. He noted that the only risk involves old Bitcoin holders selling their assets to undermine the U.S. However, he questioned whether these holders would actually sell if the U.S. government continues to accumulate Bitcoin until 2050 and its price keeps rising.

MicroStrategy CEO Michael Saylor has released a proposal titled "U.S. Digital Asset Framework, Principles and Opportunities", aiming to bolster the U.S. dollar's global dominance and solidify American leadership in the digital economy, according to TechFlow.Key Highlights of the Framework:Digital Asset Classification System:Digital goods without issuers (e.g., Bitcoin)Digital securities with issuersDigital currenciesDigital utility tokensDigital NFTsDigital asset-backed tokensCost Reductions for Compliance and Issuance:Asset issuance compliance costs are capped at 1% of assets under management.Annual maintenance costs are limited to 0.1%.Lowered issuance costs to enhance capital market access.Growth Predictions:Digital currency market expansion: From $25 billion to $10 trillion.Global digital capital market growth: $2 trillion to $280 trillion.Digital asset market (excluding Bitcoin) surge: From $1 trillion to $590 trillion.Establishing a Bitcoin Reserve:Saylor advocates for creating a U.S. Bitcoin reserve, estimating it could generate $16–81 trillion in wealth for the U.S. Treasury. This, he argues, could provide an innovative strategy to offset the national debt and strengthen the nation’s financial position.

According to PANews, the Fear and Greed Index has decreased to 73 today, down from 74 yesterday, yet it remains in the 'Greed' category. The index, which ranges from 0 to 100, is calculated based on several factors: volatility (25%), market trading volume (25%), social media trends (15%), market surveys (15%), Bitcoin's market dominance (10%), and Google search trends (10%).

According to PANews, the Federal Reserve confirmed a long-anticipated policy shift this week, significantly impacting the markets. Market participants now expect a rate cut of approximately 40 basis points by December 2025, leading to a rise in U.S. Treasury yields. Earlier this week, Bitcoin fell from its all-time high, continuing its decline during European trading on Friday, nearing $95,000. This follows Bitcoin's recent peak of over $108,000. The downturn in the cryptocurrency market has affected altcoins like Ethereum and Dogecoin more severely. Additionally, U.S. exchange-traded funds (ETFs) directly investing in Bitcoin ended a 15-day streak of inflows, recording an outflow of $680 million, highlighting a shift in market sentiment. With Christmas approaching, the market is expected to be relatively calm next week, though some significant data releases could still influence it. However, due to thin liquidity, market volatility might increase. Key points to watch in the upcoming week include the U.S. December Conference Board Consumer Confidence Index on Monday at 23:00 (UTC+8) and the initial jobless claims for the week ending December 21 on Thursday at 21:30 (UTC+8). For the U.S. dollar, the Federal Reserve's overall hawkish stance suggests it will maintain its strength, despite potential volatility due to low trading volumes during the holiday period. Any market turbulence during the holidays is more likely to impact U.S. stocks and bonds negatively. The Fed's hawkish position has not been well-received on Wall Street, and with U.S. Treasury yields continuing to rise, sell-offs may intensify.

According to CoinMarketCap data, the global crypto market cap is $3.41T, a 6.60% increase over the last day.Bitcoin (BTC) has traded between $92,233 and $99,541 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $98,448, up by 3.46%.Most major cryptocurrencies by market cap are trading higher. Market outperformers include DF, ZEN, and COW, up by 98%, 51%, and 49%, respectively.Top stories of the day:U.S. Inflation Eases to 2.4% in November, Below ExpectationsSEC Commissioner Hester Peirce Signals Optimism for Ethereum ETF Staking Under New LeadershipU.S. Avoids Government Shutdown as Senate Passes Budget DealMicroStrategy CEO Proposes U.S. Digital Asset Framework and Bitcoin ReserveFederal Reserve's Shift Impacts Markets, Bitcoin Experiences DeclineSenator Lummis Advocates Strategic Bitcoin Reserve for Debt RepaymentFed's Goolsbee Predicts Inflation to Reach 2% Amid Temporary Fluctuations Quantum BioPharma Invests $1 Million in Cryptocurrency Fear And Greed Index Drops To 73 Indicating Continued GreedFederal Reserve's Williams Indicates Potential for Further Rate CutsMarket movers:ETH: $3468.78 (+5.45%)XRP: $2.3069 (+5.54%)BNB: $679.71 (+5.58%)SOL: $195.28 (+6.80%)DOGE: $0.33627 (+14.01%)ADA: $0.9582 (+15.72%)TRX: $0.2514 (+4.97%)AVAX: $41.07 (+12.67%)LINK: $23.9 (+11.21%)TON: $5.533 (+12.62%)

According to Odaily, data from CryptoSlam reveals that Ethereum NFT sales experienced a 76% increase in volume last week, reaching $201 million. This figure represents 66% of all NFT sales over the past seven days. In comparison, Bitcoin-based NFTs generated $40 million in sales, while Solana-based collectibles accounted for $29 million. The combined weekly trading volume for Mythos Chain, Immutable, Polygon, and BNB Chain amounted to $25.9 million. This week's trading volume surpassed the September record of $296 million, a month when digital collectibles saw their lowest monthly trading volume since 2021.

According to PANews, the Hong Kong Stock Exchange has released its 2024 review, highlighting significant growth in the virtual asset sector. The market for exchange-traded products (ETPs), including ETFs and leveraged and inverse products, has expanded, with the average daily trading volume reaching 18.7 billion yuan by the end of November, marking a 34% increase compared to the same period in 2023. This year, Hong Kong saw the listing of its first covered call options ETF and Asia's first virtual asset spot ETF, enhancing the diversity of ETP products and boosting market liquidity, leading to the listing of 36 new ETFs. Additionally, the Hong Kong Stock Exchange has announced plans to digitize and automate the physical subscription and redemption mechanism for ETPs to improve market efficiency and stimulate continued growth in secondary market activities. The exchange has also introduced the Hong Kong Stock Exchange Virtual Asset Index Series, providing a reliable benchmark price for the rapidly emerging asset class of virtual assets, supporting Hong Kong's development as a leading digital asset hub.