AI Summary
Show More
Quickly grasp the article's content and gauge market sentiment in just 30 seconds!
The S&P 500 rose slightly as investors rotated from tech to value sectors like health care and financials, with Eli Lilly and Goldman Sachs leading gains, while major tech and AI stocks declined amid valuation concerns. Gold held near $4,200 as traders awaited US data clarity post-shutdown, with Fed rate cut expectations keeping its bullish momentum intact. The Coindesk Indices, which tracks the broader crypto market, fell 0.74% with Bitcoin down 1.20% and Ether gained 0.14%, in the past 24 hours. Trade these markets and more with up to 500x leverage on Bybit MT5 using this link.
Today’s top performer is IP, up 3.5%, after Story Protocol launched China’s first onchain advertising RWA backed by state entities.
Story Protocol (IP), founded in 2022, is a Layer 1 blockchain for IP, embedding royalties and attribution on-chain to protect creators and ensure fair compensation, especially in the AI era. Story Protocol launched China’s first advertising RWA with Starbase and the Hangzhou Culture Assets Exchange, tokenizing digital ad space backed by public and state-owned entities. The project makes advertising IP programmable and tradable, marking a major step for compliant onchain media assets in China.
Sui announced USDsui, a native stablecoin for its ecosystem issued by Bridge, a Stripe company. Built on Bridge’s Open Issuance platform, USDsui offers a compliant, interoperable, and high-performance digital dollar optimized for Sui’s architecture. It will be usable across wallets, DeFi apps, and stablecoin networks like Phantom and MetaMask. The launch aims to strengthen Sui’s growing $400B+ stablecoin economy by enabling faster, global payments and developer-friendly integrations, with revenues reinvested into ecosystem growth.
Category | Flow (millions) |
GBTC | (23.1) |
Non-GBTC | (218.1) |
Total | (241.2) |
Yesterday, Bitcoin spot ETFs saw $241.2 million in total outflows, led by $218.1 million from non-GBTC funds and $23.1 million from GBTC.
PIN AI has introduced a new Galxe quest allowing users to earn 60 free points ahead of its upcoming airdrop. To participate, users must download the PIN AI mobile app (Android or iOS), connect their Twitter, Gmail, and Metamask accounts, and refer at least one friend. Using a referral code grants an additional 20 AI Credits. The quest is open until December 30, and points from prior Telegram activity are stored separately in the app.