Pre-market Crypto Stock Concept Soars, BitMine Up Over 4.2%

December 22nd — According to Coinglass data, despite BTC recently surging past $90,000, funding rates across major CEXs and DEXs still point to an overall bearish market mood. BTC contract rates on platforms including Binance, OKX, Bybit and Bitget have returned to neutral. Altcoins like Ethereum, however, continue to show widespread negative funding rates. Check the attached image for specific rates of major coins. BlockBeats Note: Funding rates are set by crypto exchanges to align perpetual contract prices with underlying asset values. They facilitate fund exchanges between long and short traders — exchanges do not collect this fee. The mechanism adjusts traders’ holding costs or profits to keep contract prices close to underlying asset prices. The baseline funding rate is 0.01%. Rates above 0.01% signal bullish sentiment, while rates below 0.005% indicate bearish sentiment.

On December 22, per LookOnChain data, BlackRock has deposited 2,019 BTC (valued at ~$181.7M) and 29,928 ETH (valued at ~$91.3M) into Coinbase Prime over the past 20 minutes.

On December 22nd, on-chain analyst Ai Auntie (@ai_9684xtpa) notes that an address starting with 0xf44 has accumulated over $10.07 million worth of LINK since yesterday. The address has withdrawn a total of 806,326 LINK tokens at an average cost of $12.49, and currently holds an unrealized profit of $161,000.

December 22 — Official sources confirm that Velo, a PayFi infrastructure protocol focused on real-world assets (RWAs), has entered a strategic partnership with World Liberty Financial (WLFI). The pair will integrate USD1, a regulated USD-backed stablecoin, into the Velo ecosystem. This integration will support Velo’s stablecoin liquidity and settlement layer.

On December 22, per BitcoinTreasuries.NET data, Spanish publicly traded firm Vanadi Coffee (VANA.MC) has added 32 bitcoins to its holdings, pushing its total bitcoin holdings to 161.

December 22 — A BlackRock address deposited 819.39 BTC (valued at roughly $73.72 million) into Coinbase 6 minutes ago, per Onchain Lens monitoring.