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The Morning Minute (12.18)
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⏰Top News:
-Crypto majors mixed with BTC leading at $87,400
-Coinbase rolled out several new products including prediction markets, stocks, equity perps, DEX and more
-DTCC to issue tokenized securities on Canton Network
-Citadel and other banks plan to spend $100M to counter crypto spend in 2026 elections
-Uniswap submits final proposal to turn fee switch on, burn 100M UNI
🌎 Macro Crypto and Memes
-Crypto majors were mixed; BTC+0.3% at $87,400; ETH -2% at $2,870; BNB -2% at $838, SOL -3% at $124
-BEAT (+26%), Pippin (+9%) and CC (+4%) led top movers
-Coinbase announced several new products last night, including prediction markets, stock trading, equity perps, AI advisors, borrowing, full DEX integration and more
-Senators proposed the SAFE Crypto Act, creating a federal task force to coordinate agencies on crypto scam enforcement and investor protection
-The DTCC said it will issue tokenized securities on Canton Network, starting with tokenized U.S. Treasuries
-Ex-Alameda CEO Caroline Ellison left federal prison after 11 months, moving to another government facility or home confinement to serve the rest of her 2-year sentence
-The acting CFTC Chair Caroline Pham left to join MoonPay as its chief legal and administrative office
-Citadel and other big banks are planning to spend $100M in the 2026 midterms, potentially opposing pro-crypto spending
-Circle announced its Arc Builders Fund, meant to support early-stage teams building apps and services on Arc
In Corporate Treasuries / ETFs
-The Bitcoin ETFs saw $457M in net inflows on Wednesday, the most in over a month
-Hut 8 shares jumped after the miner announced a $7B AI/data-center deal involving Google financing
In Memes / Onchain Movers
-Memecoin leaders are mostly red; DOGE -2%, Shiba -5%, PEPE -4%, PENGU -6%, BONK -5%, TRUMP -2%, SPX -8%, and FARTCOIN -22%
-dydx announced a partnership with Bonk to launch Bonk DEX
-67 (+86%), ALCH (+20%) and ACT (+25%) led top movers
💰 Token, Airdrop & Protocol Tracker
-The Rainbow Wallet team shared new details on its class F token structure, solving the issue of tokens not equating to equity (ICO ends today)
-Football dot Fun reached their ICO soft cap of $3M yesterday ahead of today’s ICO closing
-Gondi introduced new trade combinations across token types
-Uniswap submitted its proposal for governance vote to burn 100M UNI and turn on fee switch
-Hyperlend announced its airdrop terms and conditions ahead of its airdrop, with eligible participants on a 30-day clock to accept to qualify
-Solstice announced its ICO coming on Legion on Dec 22
🚚 What is happening in NFTs?
-NFT leaders were mixed; Punks even at 27 ETH, Pudgy -1% at 4.62, BAYC -1% at 4.94 ETH; Hypurr’s +3% at 456 HYPE
-Rovers (+60%) were a notable mover
In China, some homeowners refuse to leave their land for highway and bridge projects, creating “nail houses” that roads and bridges must bend around.
[📹 ironwill]
Grok Code Fast 1 is now the #1 reasoning model on OpenRouter by token volume
The largest share of reasoning traffic, confirmed by OpenRouter’s 100T-token analysis, even excluding free trials
FG Announces Reopening Of 47 Unity Schools After Four-Week Closure Over Insecurity
(Ahmed Musa Stonebwoy Wizkid Jesse Jagz Dangote Davido DR Congo Lawrence Asake Anambra Touching)
🚨AI JOB APOCALYPSE FALLS APART, DATA SHOWS AI HEAVY JOBS WINNING
The panic story about AI wiping out jobs just took a direct hit from the numbers.
David Sacks pointed to new Vanguard data showing the opposite of what the doom crowd promised.
Jobs with high AI exposure are not shrinking.
They are growing faster and paying better.
From Q2 2023 to Q2 2025, high exposure roles saw job growth of 1.7 percent.
Low exposure roles managed 0.8 percent.
Wages tell the same story.
AI heavy jobs posted real wage gains of 3.8 percent.
Low exposure jobs barely cleared 0.7 percent.
This is not a short term fluke.
Pre COVID trends looked similar, but the post pandemic period accelerated it.
AI is not replacing workers.
It is amplifying them.
People using AI tools are more productive, more valuable, and harder to replace, which shows up directly in pay.
The data points to augmentation, not displacement.
Roles that lean into AI are pulling ahead because they create more output and unlock new demand.
That reality undercuts years of predictions about mass unemployment.
Sacks summed it up cleanly.
The fear narrative was oversold.
The market is rewarding people who adapt.
The lesson is not to hide from AI.
It is to learn it and use it.
The numbers are already voting.
Sources: @DavidSacks, Vanguard