Crypto Market Update: IRYS Airdrop, TRX Transfer, Vitalik Privacy Remarks

Key Highlights

• IRYS Token Airdrop Claim Now Open
• Large TRX Transfers to HTX Exchange
• Vitalik Buterin Highlights Privacy Post-SitusAMC Hack
• Monad Airdrop Claim Issues for Users
• Multicoin Capital Buys More AAVE Tokens
• Coinbase to List FLUID and WMTX
• CZ Denies Jackie Chan Biopic Rumors
• Huang Licheng's ETH and HYPE Trades Tracked
• TD Cowen Maintains Buy Rating on Strategy Despite Bitcoin Premium Drop
• Bitcoin Whale Deposits USDC on HyperLiquid, Opens ETH Long
• Japan FSA Proposes Responsibility Reserves for Crypto Exchanges
• SEC Issues No-Action Letter for Fuse Energy's ENERGY Token
• Brevan Howard Has $25M 'Refund Right' in Berachain Investment
• Exodus to Acquire W3C for $175M
• US Economic Data Delays Due to Government Shutdown
• Fed Rate Cut Expectations Increase for December
• Machi Adds to ETH and HYPE Long Positions
• Coinbase Plans to List MON-PERP Perpetual Contracts
• 100 Million USDC Minted on Ethereum Chain
• Sky Protocol Repurchases $40.5M SKY Tokens
• Monad Launch on Bybit
• Monad Listing on Coinbase and Price Volatility
• Binance to Delist PONKE, SWELL, and QUICK Futures Contracts
• Bitcoin Accumulation by MicroStrategy
• BitMine Increases Ethereum Holdings
• Enlivex Plans to Raise Funds to Purchase Rain Tokens
• Stand With Crypto Launches Candidate Questionnaire
• Fed Governor Waller Advocates for December Rate Cut
• Bitcoin Accumulation by BlackRock
• ETF Flows and Impact on Bitcoin Prices
• CoinShares Records Large Outflows from Digital Asset Investment Products
• Binance Recovers Illicit Alpha Airdrop Gains
• ECB Warns of Regulatory Risks from Stablecoins

Details

IRYS Airdrop: Irys announced the launch of its IRYS token airdrop, with a specified claim period. Eligible participants in Galxe and Genesis NFT holders are receiving tokens.

Suspicious TRX Transfers: WLFI is transferring significant amounts of TRX to the HTX exchange, raising questions about the purpose. Previously, other tokens were transferred to Coinbase for business purposes.

Vitalik Buterin's Comments: Vitalik Buterin emphasized the importance of privacy as a 'hygiene habit' following the SitusAMC data breach, where customer data from major banks was exposed.

Monad Airdrop Recommendations: Users who have not received the Monad airdrop are advised to check their linked wallet addresses for signs of hacking.

AAVE Purchase: Multicoin Capital continues to purchase AAVE tokens through Galaxy Digital, increasing its already substantial holdings.

Coinbase Listing: Coinbase plans to list Fluid (FLUID) and World Mobile Token (WMTX) for spot trading.

CZ Rumors: CZ denied rumors that Jackie Chan would portray him in an upcoming biopic.

Huang Licheng's Trades: An analyst is tracking Huang Licheng's ETH and HYPE long positions, to which he recently added.

TD Cowen's Rating on Strategy: TD Cowen maintains a buy rating on Strategy despite a decrease in the Bitcoin premium.

Bitcoin Whale on HyperLiquid: A large Bitcoin whale deposits USDC on HyperLiquid and opens an ETH long position with leverage.

Japanese Responsibility Reserves: The Japanese Financial Services Agency is proposing that crypto exchanges establish responsibility reserves to protect customers.

SEC Letter on ENERGY: The U.S. SEC issued a no-action letter for Fuse Energy's ENERGY token.

Berachain Refund Rights: Brevan Howard has a $25 million refund right in their Berachain investment, reducing their risk exposure.

Exodus Acquisition: Exodus is acquiring W3C for $175 million, expanding into crypto card and payment services.

Economic Data Delays: The release of U.S. economic data has been delayed due to the government shutdown.

Rate Cut Expectations: Expectations are growing for a rate cut by the Federal Reserve in December.

Machi's Trades: Machi adds to ETH and HYPE long positions on HyperLiquid.

Coinbase Perpetual Contracts: Coinbase plans to list MON-PERP perpetual contracts for trading.

USDC Minting: 100 million USDC was minted on the Ethereum chain.

Sky Protocol Buyback: Sky Protocol repurchased $40.5 million worth of SKY tokens.

Monad Launch: Monad has launched on Bybit, with spot trading listed.

Monad Price Volatility: Monad token has experienced price volatility following its launch on Coinbase.

Binance Delisting: Binance will delist PONKE, SWELL, and QUICK futures contracts.

MicroStrategy's Bitcoin Buying: MicroStrategy has not disclosed any new Bitcoin purchases, but Bitcoin-backed credit market trading volume is increasing.

BitMine's Ethereum Holdings Increase: BitMine has increased its Ethereum holdings to 3% of the total supply.

Enlivex's Rain Plan: Enlivex plans to raise funds to purchase Rain tokens, making it the core reserve asset for its digital treasury.

Stand With Crypto Questionnaire: Stand With Crypto has launched a questionnaire for candidates to assess their positions on crypto issues.

Waller's Rate Cut Call: Fed Governor Christopher Waller called for a rate cut in December, citing concerns about the labor market.

BlackRock's Bitcoin Accumulation: BlackRock continues to accumulate Bitcoin, depositing large amounts to Coinbase.

ETF Flows Impact: Citi Research estimates that every $1 billion in ETF outflows will decrease Bitcoin prices by about 3.4%.

CoinShares Outflows: CoinShares recorded significant outflows from digital asset investment products.

Binance Recovers Illicit Gains: Binance is recovering illicit Alpha airdrop gains, freezing user accounts.

ECB Warning: The ECB warns of regulatory risks associated with stablecoins, calling for a unified global regulatory framework.