The US Treasury, in collaboration with the UAE, has sanctioned two Chinese nationals and a UAE-based company for their roles in facilitating North Korean digital asset laundering. Lu Huaying and Zhang Jian allegedly converted cryptocurrency to fiat for goods destined for North Korea, while Green Alpine Trading is accused of being a front for money laundering operations linked to North Korean financial activities. North Korean groups reportedly stole between $600 million and $3 billion in cryptocurrency from 2017 to 2023 through various illicit methods.
Juan Leon, senior investment strategist at Bitwise Asset Management, predicts Ethereum will experience a significant resurgence in 2025, driven by its dominance in tokenizing real-world assets, which represents a $100 trillion market opportunity. Despite being overshadowed in 2024, Ethereum has recently seen a surge in investor confidence, with $2 billion in net inflows to spot Ethereum ETFs. Leon emphasizes that major financial institutions are actively bringing tokenized assets on-chain, positioning Ethereum as a reliable platform for this transformation, with potential fees from tokenization exceeding $100 billion annually.
Ethereum is set for a significant resurgence in 2025, driven by its dominance in tokenizing real-world assets, which represents a $100 trillion market. Recent net inflows of $2 billion into spot Ethereum ETFs signal renewed investor confidence, contrasting with its 66% year-to-date return compared to Bitcoin's 130%. With major institutions like BlackRock and UBS leading the charge in tokenization, Ethereum's unmatched security and infrastructure position it as the preferred platform for asset managers, potentially generating over $100 billion in annual fees from tokenized assets.
VINCI, a global leader in construction and concessions, generates net sales primarily from infrastructure design and construction (44.7%), energy and telecommunications (36.7%), and infrastructure management (16.8%). Geographically, sales are concentrated in France (43%), followed by the UK (8.6%) and Germany (7%). The company also engages in real estate development, contributing 1.8% to its sales.
VINCI is the leading global player in construction, concessions, and related services, with sales primarily from design and construction (44.7%), energy and telecoms infrastructure (36.7%), and delegated infrastructure management (16.8%). Geographically, the company generates 43% of its sales in France, followed by the UK (8.6%), Germany (7%), and other regions, including North America and Latin America.
UBS has maintained a 'Buy' rating for Vinci, setting a target price of 132 euros following strong traffic figures for November. Analyst Gregor Kuglitsch noted solid growth in airport traffic, while highway activity benefited from calendar effects. Vinci, a leader in construction and concessions, generates significant revenue from infrastructure design, energy, and telecommunications.
Bitwise has launched a Solana staking ETP in Europe, ticker BSOL, with Marinade as its staking provider, offering a 6.48% yield. This follows their plans for a Solana ETF in the US, which currently excludes staking rewards due to securities law concerns. Analysts suggest that changes in SEC leadership could eventually allow US spot ETF issuers to include staking rewards.
Stocks fell on Tuesday, marking the Dow Jones' first nine-day losing streak since 1978, with the index down over 250 points. Investors are anticipating the Federal Reserve's final interest rate decision of the year, with expectations of a quarter-point cut amid mixed signals from retail sales data. Nvidia's stock continued to decline, nearing bear market territory, while Tesla reached a new record high.
U.S. stocks fell on Tuesday, with the Dow experiencing its longest losing streak since February 1978, dropping for the ninth consecutive session. Investors are cautious ahead of the Federal Reserve's policy announcement, anticipating a 25 basis point rate cut, while economic data shows solid consumer spending. The S&P 500 and Nasdaq also declined, though Tesla's stock rose significantly after a price target increase.
Dennis Porter, founder of the Satoshi Action Fund, has proposed a draft executive order for President-elect Donald Trump to create a Strategic Bitcoin Reserve within the Exchange Stabilization Fund (ESF). The plan suggests allocating 2% of the ESF's portfolio, utilizing approximately 200,000 BTC currently held by the US government, and aims to treat Bitcoin as a foreign reserve asset while ensuring robust oversight and transparency.The proposal emphasizes that this initiative would not interfere with the Federal Reserve's independence and seeks to position the US as a leader in financial innovation, potentially stabilizing the dollar and hedging against macroeconomic risks.

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