Tencent Cloud Partners with Thailand's Largest Cryptocurrency Exchange Bitkub
On Dec. 17, Tencent Cloud—Tencent’s cloud computing arm—announced a strategic partnership with Bitkub, Thailand’s largest cryptocurrency exchange, per Reuters. Bitkub plans to migrate and upgrade its existing products leveraging Tencent Cloud’s infrastructure, database technology, and AI capabilities.
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Dune Releases Prediction Market Liquidity Report: Prediction Markets Accelerating into Mainstream Finance. Opinion Sets a Prime Example of a Macro Prediction Market, with Trading Volume Surpassing $6.4 Billion within 50 Days
On December 17th, Dune released an **Industry Report on Forecast Markets** in collaboration with Keyrock, KPMG, and other institutions. The report highlights that the **macro-focused forecast market**—tied to traditional institutions—is rapidly gaining traction.
In this trend, the Opinion-led forecast market is converting key macroeconomic indicators (e.g., inflation, interest rates, employment) into tradable assets, marking a critical case of the forecast space accelerating its push into mainstream finance.
Data from the report shows Opinion’s trading activity is surging:
- Total nominal trading volume **topped $6.4 billion** within the first 50 days post-launch;
- Daily trading volume has exceeded $200 million multiple times, ranking **No. 1 in the industry**.
This version aligns with American news style: uses concise, punchy language (e.g., "gaining traction," "surging," "topped"), prioritizes data clarity (bulleted for readability), and employs natural phrasing for U.S
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Bloomberg Strategist: Bitcoin is Headed to $10,000, Risk-Reward Structure Has Shifted
On December 17, Bloomberg Intelligence strategist Mike McGlone stated Bitcoin faces retracement pressure, with its price expected to fall near $10,000.
MicroStrategy founder Michael Saylor recently told the Miami Economic Club: “We used money we couldn’t afford to lose to buy Bitcoin.”
McGlone noted he admires Saylor, adding that Saylor’s 2020 entry into Bitcoin (when prices hovered around $10,000) drove a 10x surge in its value. However, he said many key market expectations have already been met: the launch of ETFs, U.S. leaders acknowledging Bitcoin’s benefits, and broader mainstream adoption.
Today, CoinMarketCap lists 28,000 cryptocurrencies—up from just one in 2009. With major positive developments materializing, the surge in crypto assets, and market expectations fully priced in, the short-term risk-reward structure has shifted.
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TRX to be Listed on Bitget PoolX, Locked TRX, BTT, SUN, JST to Unlock 170,000 TRX
Bitget PoolX is launching a TRON (TRX) event on December 17th, with a total prize pool of 179,000 TRX.
The staking (lock-up) channel will be open from 5:00 PM UTC+8 on December 17th through 5:00 PM UTC+8 on December 24th.
This event features four staking pools: TRX, BTT, SUN, and JST. Users can choose to stake their tokens based on their preferences.
For full product details and event rules, please visit the official Bitget platform.
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Huobi HTX will be listed on Infrared Finance today at 8:00 PM (UTC), and will simultaneously add IR/USDT (10X) isolated margin trading.
On December 17, Huobi HTX announced that it will launch IR deposit services at 16:00 GMT+8 on the same day, followed by IR/USDT spot trading at 20:00 GMT+8 on December 17. IR withdrawals will go live at 20:00 GMT+8 on December 19.
Meanwhile, Huobi Futures will add IR/USDT (10x) isolated margin trading at 20:00 GMT+8 on December 17.
Reportedly, Infrared Finance is a Berachain-based liquidity proof-of-stake (PoS) consensus application. Its core infrastructure includes liquidity staking, validator infrastructure, and automated Proof of Lockup (PoL) Vaults—forming the backbone of the chain’s revenue and governance economy.
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