Rep. Tom Emmer Named Vice Chair of House Digital Assets Subcommittee

Skale Labs and Sequence are collaborating to support upcoming blockchain games, starting with the launch of Zoppel: The Legend of Furiax alpha test on the Skale network next week. The game, a vertical spaceship shooter, is based on an original science fiction IP and will be accompanied by a graphic novel.

The Movement Network Foundation distributed over $830 million worth of MOVE tokens in an airdrop to early users. This brought the total circulating supply to 2.25 billion MOVE tokens, with major exchanges like Coinbase and Binance supporting MOVE trading.

A conservative think tank proposed that Amazon create a Bitcoin treasury reserve to protect assets in an inflationary environment. The National Center for Public Policy Research urged Amazon to consider holding at least 5% of its assets in Bitcoin.

Jupiter's DEX aggregator plans to airdrop JUP tokens in the next two Januaries after a revised proposal was approved by the Jupiter DAO. The second proposal, with key changes from the first, aims to ensure fair distribution to genuine users.

DOG•GO•TO•THE•MOON and Baby Doge Coin have surged in price, with DOG hitting an all-time high of $0.0096 and a market cap of $966 million. These meme coins, inspired by Dogecoin, have gained popularity on various networks like BNB Chain and Ethereum.

El Salvador is close to finalizing a deal with the IMF, which would require adjustments to its Bitcoin law. The country is set to receive multi-billion dollar funding in exchange for businesses no longer being obligated to accept Bitcoin, but rather having the option to do so voluntarily.

Riot Platforms plans to raise up to $500 million through a private senior convertible notes offering to fund Bitcoin purchases and general corporate needs. The notes, available to qualified institutional buyers, will mature in 2030 unless converted, repurchased, or redeemed earlier.

MicroStrategy has acquired an additional $2.1 billion worth of Bitcoin, purchasing 21,550 BTC at an average price of $98,783. This brings their total Bitcoin holdings to 423,650 BTC valued at nearly $42 billion.

Bitcoin's drop below $100,000 caused a market-wide slump, with XRP, DOGE, SOL, BNB, ETH, and ADA all experiencing significant losses. Over $300 million in bullish bets were liquidated, leading to a 3.6% decrease in the CoinDesk 20 index.

Michael Saylor urged investors to sell gold for bitcoin, suggesting the US government dump gold to buy 5 million BTC. He advised the US to buy 20-25% of the BTC network to catalyze its development as the world's reserve capital network.