Coin Bureau

‼️ ALERT: COPPER HITS A FRESH RECORD ABOVE $12,000 A TON IN LONDON

🚨FRANCE EYES NATIONAL BITCOIN RESERVE A proposed bill suggests France could potentially: 👉Accumulate 420,000 BTC, ~2% of Bitcoin’s supply 👉Leverage nuclear and hydro power for mining 👉Retain seized crypto 👉Allow taxes to be paid in BTC. If passed, France would become the first major EU country with a national Bitcoin reserve.

FRANCE EYES NATIONAL BITCOIN RESERVE A proposed bill suggests France could potentially: 👉Accumulate 420,000 BTC, nearly 2% of Bitcoin’s supply over 7–8 years 👉Leverage nuclear and hydro power for mining 👉Retain seized crypto 👉Allow taxes to be paid in BTC. If passed, France would become the first major EU country with a national Bitcoin reserve.

🚨WHALE DOUBLES DOWN ON $243M SHORTS The whale who sold 255 #Bitcoin to open shorts has increased leveraged positions in $BTC (10x), $ETH (15x), and $SOL (20x), with a total exposure now at $243 MILLION.

⚠️ BITCOIN FACES LARGEST OPTIONS EXPIRY EVER Around $23.6B in Bitcoin options expire next Friday, the largest in BTC history. Calls cluster at $100K–$120K, puts near $85K, with max pain at $96K. Year-end expiries have surged from $6B in 2021 to $19.8B in 2024, reflecting growing institutional-scale risk.

⚠️ ALERT: NEW WINDOWS CRYPTO MALWARE Kaspersky has identified "Stealka", a new Windows infostealer targeting crypto wallets and passwords, spreading via fake software on GitHub and SourceForge.

🚨BITCOIN SET FOR ITS WEAKEST Q4 IN 7 YEARS Bitcoin has recorded a -22.54% monthly return so far this quarter. The last time Q4 was this weak was 2018, when $BTC posted a -42.16% monthly return.

🚨UPDATE: Tom Lee’s Bitmine added another 29,462 ETH ($88.1M) via BitGo and Kraken, and now holds 3.37% of Ethereum’s total supply.

🚨BREAKING: AN OUNCE OF SILVER IS NOW WORTH MORE THAN A BARREL OF OIL Silver is trading $69–70/oz, above Brent crude at $61–62/bbl, a rare inversion last seen in the 1970s. Oil is down 21% YTD, while silver has surged 135%.

🚨ALERT: BITCOIN FALLS BELOW $88,000

⚡️JUST IN: Trump Media has purchased 451 Bitcoin worth about $40 MILLION.

🚨BREAKING: Japan’s 10Y government bond yield hits 2.1%, the highest level since the 1990s.

🔍 WHAT’S HAPPENING AT AAVE? PT.2 TLDR - It’s not looking good for $AAVE holders. --- In the past 24 hours: - The price of $AAVE fell by 10% after a whale wallet dumped roughly $38M of the token, realising a loss of ~$13M in the process. - The rift between Aave Labs and the Aave DAO has further escalated after an alleged “hostile takeover attempt” by Aave Labs earlier today. What exactly happened? 🧐 A governance proposal titled “$AAVE Token Alignment – Phase 1 (Ownership)” was pushed to a Snapshot vote. This begins a 3-day governance process where token holders must vote for or against the proposal. For context, the proposal is pivotal to the future of AAVE as it demands the transfer of all Aave brand assets to a DAO-controlled legal entity with anti-capture protections. However, Aave DAO claims the proposal was unilaterally pushed into the voting process by Aave Labs. Many community members described this as being premature and against basic procedural expectations. They also highlighted other problems with the move, claiming it was done with malintent. Specifically, the four major grievances are: 1️⃣ Vote Forced Without Author Consent Aave Labs escalated the proposal to Snapshot without the author’s approval. The author publicly called it a “hostile takeover” of his own proposal and urged abstention. 2️⃣ Holiday Timing Suppresses Participation The vote runs Dec 23–26, over Christmas. Many see this as deliberate to reduce informed participation from large holders and professional delegates. 3️⃣ Snapshot Taken Before Broad Awareness The voting snapshot was captured before official announcements, locking in delegations before most holders could react. 4️⃣ Incomplete Discussion Labs has refused to answer major concerns before forcing the vote. This includes details around revenue sharing commitments, the Aave Labs cap table, service provider guarantees (i.e., what happens if Labs stops development) and how the asset transfer would practically work. AAVE LABS RESPONSE 🎙 Aave Labs has refuted all accusations of malintent, claiming the escalation follows the project’s governance rules as written in a document published by the Aave Chan Initiative. WHAT NOW? 🤔 The governance vote continues. ✔️ If Passed: DAO gains control over brand assets, potentially forcing Labs to negotiate revenue-sharing frameworks and establishing precedent for DeFi governance rights. ❌ If Failed: Current status quo continues with Labs monetizing product layer independently, potentially undermining AAVE token value proposition and decentralisation narrative. ——— 🚨 Bottom Line: The outcome of the proposal determines whether AAVE captures economic value or just governance theatre. It also sets precedent for DAO ownership of IP and brands. Not to mention, its effect on the long-term credibility of AAVE as an investable asset.