A whale deposited 100,000 SOL into a CEX, averaging 175 USD over nearly 8 months to deposit a total of 615,000 SOL.

On December 10, ProCap Financial—a Bitcoin-native financial services firm traded on Nasdaq under ticker BRR—announced its total Bitcoin holdings have grown to 5,000 BTC. The company officially joined the "5,000 BTC Club" and ranks among the market’s largest firms with publicly disclosed Bitcoin positions. ProCap still holds over $175 million in cash, maintaining a strong financial footing. During its latest holdings increase, the firm leveraged realized losses for optimization—a move that can hedge future gains and add flexibility to its capital strategy. CEO Anthony Pompliano noted the firm is pairing a Bitcoin investment strategy with disciplined traditional capital allocation to deliver tangible value to shareholders via tax optimization. He emphasized: “The wealth transfer of our era is underway, and Bitcoin represents the risk-adjusted return.”

On December 10th, public blockchain firm Stable announced a partnership with African payments app Chipper Cash. Chipper Cash will integrate StableChain to support stablecoin and digital asset payments on its platform, optimizing cross-border payment experiences across Africa via low-cost transfers and near-instant settlements.

On December 10, Michael Saylor announced his company has submitted a response to MSCI regarding the Digital Asset Treasury Company consultation. The firm emphasized index standards should remain neutral, consistent, and reflective of global market trends.

On Dec. 10, the VIX fear index climbed to a one-week peak of 17.43 points, per Golden Finance.

On December 10, U.S. stocks opened mixed: the Dow Jones Industrial Average (DJIA) was flat, the S&P 500 Index slipped 0.05%, and the Nasdaq Composite dropped 0.18%. Among crypto-related equities, MicroStrategy (MSTR) declined 1.76%, Circle Internet Financial (CRCL) fell 2.80%, Coinbase Global (COIN) slid 1.48%, Sportradar Group (SBET) was down 1.13%, and Bitfarms (BMNR) dropped 1.44%.

**December 10** The Federal Reserve is grappling with its deepest internal rifts in recent memory, leaving Chair Jerome Powell with a steep coordination challenge. Markets are pricing in a 25-basis-point rate cut from the central bank tonight, but Powell is expected to steer clear of signaling additional cuts in January to mollify hawkish policymakers. Bank of America notes Powell may indicate another cut would only materialize if employment data shows notable weakness, or stress that the benchmark rate is near neutral. As of now, five officials back a rate cut, three are uncommitted, and two favor holding rates steady.