This week's news preview | MicroStrategy will join the Nasdaq 100 index; $11.8 billion worth of Bitcoin options will expire

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ChainCatcher
2 days ago
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Organized by: Fairy, ChainCatcher

Key News:

December 23 (Monday)

MicroStrategy to join the Nasdaq-100 Index on December 23

MicroStrategy (MSTR) will be included in the Nasdaq-100 Index. Additionally, a recent survey shows that MicroStrategy will become the 40th largest company in the Nasdaq-100 Index.

The rebalancing of the Nasdaq-100 Index, as well as the QQQ and related ETFs, will take effect on December 23.

South Korean crypto exchange Aprobit announces shutdown, last withdrawal day is December 23

South Korean crypto exchange Aprobit has announced its closure, with trading to be suspended on September 23 and withdrawals available until December 23.

Aprobit stated: "Due to changes in the business environment, we have decided to terminate trading support, and we will make our best efforts to ensure that all users do not encounter any inconvenience in withdrawing their assets deposited in the exchange even after the trading support ends."

It is reported that only half of the 22 registered virtual asset operators in South Korea are currently operating.

Aligned will airdrop 26% of ALIGN to 891,322 addresses, users need to register before December 23

The Aligned Foundation has announced on social media that it will airdrop 26% of ALIGN tokens to 891,322 addresses. The airdrop recipients are holders of tokens such as STRK, MINA, ZK, POL, SCR, TAIKO, and EIGEN, who must hold the respective tokens at their historical low prices. Eligible addresses need to register before December 23.

December 24 (Tuesday)

Pump Science Roadmap: Announce new partnerships on December 24, prepare for mouse experiments and protocol development

Pump Science has released an updated roadmap, which includes:

  • Announcing partnership relationships on December 24, preparing for mouse experiments and protocol development;
  • Launching URO and RIF mouse experiments on January 25, 2025;
  • Collaborating with VitaDAO to launch new compounds on February 25;
  • Launching the supplement pre-order and marketplace platform on March 25;
  • Conducting decentralized human trials and launching decentralized compound releases on April 25;
  • Expanding related experiments on May 25.

BNB Chain will launch the second Meme Coin competition on December 24

BNB Chain has announced that it will launch the second Meme Coin competition on December 24.

The first competition lasted 7 days, with 7 winning Meme Coin projects. Three of the winning projects, AICell, MONKEY, and FROG, have been listed on the Binance Alpha zone.

The second competition will begin on December 24. During the event, BNB Chain will purchase 33BNB worth of high-performing ecosystem Meme Coins daily for 7 consecutive days, and randomly airdrop the corresponding Meme tokens to 1,000 eligible community users each day.

Event duration: December 24 to December 31, 2024

Airdrop rules: Hold at least 1 staked BNB token (including slisBNB, BNBx, stkBNB, or ankrBNB) or at least 235 Cake in your wallet

Snapshot time: 8 PM (Singapore time) on December 24, 2024

December 25 (Wednesday)

Binance will delist AKRO, BLZ, WRX on December 25

According to the official announcement, Binance will delist and cease all spot trading pairs for AKRO, BLZ, and WRX on December 25, 2024 at 03:00 (UTC). The affected trading pairs include AKRO/USDT, BLZ/BTC, BLZ/USDT, and WRX/USDT. All related trading orders will be automatically removed after the trading suspension. Deposits of these tokens will no longer be credited to user accounts after December 26, 2024 at 03:00 (UTC). Withdrawals of these tokens will no longer be supported by Binance after February 25, 2025 at 03:00 (UTC).

Binance will support the aelf (ELF) network upgrade

Binance plans to temporarily suspend aelf (ELF) token deposits and withdrawals on December 25, 2024 at 17:00 (UTC+8) to support the network upgrade. The project will conduct the network upgrade at block height 248,832,789 (estimated to be 18:00 UTC+8 on December 25, 2024).

December 26 (Thursday)

Scallop's 1 million SCA airdrop will be distributed on December 26

Scallop, a lending protocol on the Sui ecosystem, will launch an airdrop event from December 14 to 26 during the Christmas period. Users only need to borrow at least $1,000 in assets or hold 1,000 veSCA to be eligible for the airdrop. The total airdrop amount is 1 million SCA, and the airdrop will be distributed on December 26. Currently, Scallop's TVL has reached a high of $195 million, and the total borrowing amount has reached $90 million.

December 27 (Friday)

LayerZero's vote on activating the "fee switch" will end at 8:00 on December 27

LayerZero's vote on activating the "fee switch" will end at 8:00 on December 27. This vote will determine whether LayerZero will start charging a protocol fee for each message, with the collected fees used to buy back and burn ZRO, reducing its circulating supply.

OKX will gradually delist XRP and LTC futures contracts

According to the official announcement, considering market conditions and user demand, OKX plans to gradually stop generating XRP and LTC coin-margined and USDT-margined futures contracts, and will officially delist the XRP and LTC futures contracts on December 27, 2024 at 4:00 PM (UTC+8). This delisting applies to both the web and mobile platforms, as well as the API.

Starting from June 21, 2024 (UTC+8), new weekly futures contracts will no longer be generated;

Starting from September 27, 2024 (UTC+8), new quarterly futures contracts will no longer be generated;

Existing listed contracts will not be affected, and users can continue to trade normally.

South Korean Constitutional Court to hold first hearing on Yoon Suk-yeol's impeachment case on December 27

The spokesperson of the South Korean Constitutional Court stated that the court will hold the first hearing on Yoon Suk-yeol's impeachment case on December 27.

Bitcoin options worth $11.8 billion will expire and settle on December 27

Investors are watching December 27, when Bitcoin options worth $11.8 billion will expire, which could lead to significant price volatility in either direction.

December 28 (Saturday)

Sophon mining migration timeline announced, mainnet mining to start on December 28

The modular blockchain Sophon based on ZKsync has announced a mining migration plan.

Specific timeline:

December 19, 23:59 UTC: L1 mining closes new deposits, and an optional L1 withdrawal window opens.

December 26, 23:59 UTC: L1 withdrawal window closes, and remaining assets will be automatically cross-chained to the Sophon mainnet.

December 27: All remaining assets complete automatic cross-chaining, and the first phase of SP points accumulation ends.

December 28: Sophon mainnet mining officially starts, the second phase of SP points accumulation begins, using a USD-based distribution method and supporting Gas-free mining.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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