TAO surged 7% after recent news triggered heightened trading activity. Following the media release and dissemination on X (Twitter), TAO moved into the top 10 by trading volume on exchanges, prompting an increase in open interest. This activity was subsequently marked by significant short liquidations. Further details are available in the attached video.
Investors can access real-time data via the provided links or by clicking the "Open Chart" button beneath the posts. The platform is publicly accessible:
https://t.me/defi_crypto_iobot/chart?startapp=token_TAO

Approximately $476 million in crypto contracts were liquidated over the past 24 hours, with longs accounting for roughly $286 million and shorts about $189 million.

CoinShares reports a total of $716 million flowed into digital asset investment products last week. Bitcoin (BTC) attracted $352 million, while XRP received $245 million. Chainlink (LINK) saw inflows of $52.8 million.

Zachxbt criticized InfoFi projects—including Kaito, Yaps, Galxe, Layer3, Cookie, and Wallchain—for enabling AI bots to flood platforms with low-quality interactions, characterizing it as ecosystem pollution.

Institutions are acquiring ETH: Amber Group withdrew 6,000 ETH ($18.8 million) from Binance two hours ago, while Metalpha withdrew 3,000 ETH ($9.4 million) from Binance three hours ago.

BlackRock has converted 24,791 ETH, valued at $78.3 million, on Coinbase Prime.

Binance has announced that an employee has been suspended and is facing legal action after allegedly using insider information for personal gain. Whistleblowers have been awarded $100,000.

Binance announces the suspension of an employee who is facing legal action for allegedly using insider information for personal gain. The whistleblowers have been awarded $100,000.

Argentina considers allowing traditional banks to engage in cryptocurrency trading. cointelegraph

The SEC has concluded a two-year investigation into Ondo, paving the way for the company's expansion in the U.S. tokenized asset market.

Bitcoin Strategy Fund has acquired an additional 10,624 BTC.

Paradigm has invested $13.5 million in the startup Crown.

Tether burns $1 billion worth of USDT, reducing its circulating supply.

BitMine acquires an additional 138,452 ETH.

BlackRock has filed with the SEC to establish the iShares Staked Ethereum ETF.

OM CEO Mantra advises owners to avoid using OKX amid claims of an 'inaccurate' migration plan. OKX has scheduled the token migration for December 22-25, whereas Mantra’s governance proposal indicates the process will not commence until after January 15, coinciding with the discontinuation of support for the Ethereum-based ERC-20 OM token.

Oobit, a payments startup backed by Tether, expands its footprint across the United States.

Ether network fees have fallen below 300 ETH per day on a 90-day simple moving average since the start of November, reaching the lowest level since July 2017, according to Glassnode.

Since the start of November, the 90-day simple moving average of daily Ethereum network fees has fallen below 300 ETH, reaching the lowest point since July 2017.

Glassnode reports that Bitcoin's momentum has strengthened, with the 14-day RSI rising from 38.6 to 58.2 and spot trading volume increasing by 13.2% to $11.1 billion. Despite these signs of improved market activity, spot CVD declined from -$40.8 million to -$111.7 million, indicating increased selling pressure. Online activity has also shown signs of stabilization.

Glassnode reports that Bitcoin momentum has strengthened, with the 14-day RSI rising from 38.6 to 58.2 and spot trading volume increasing 13.2% to $11.1 billion. Despite this, spot cumulative volume delta declined from -$40.8 million to -$111.7 million, indicating increased selling pressure. Online activity has also shown signs of stabilization.