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BlockBeats News, December 18th, BitcoinForCorporations released a report stating that if the MSCI Capital International Index decides to exclude cryptocurrency treasury companies from its index, these companies may be forced to sell up to $15 billion in crypto assets. The organization opposing MSCI's proposal, "BitcoinForCorporations," predicted based on a "preliminary verified list" containing 39 companies with a total market capitalization of $113 billion, that the outflow of funds could range between $10 billion and $15 billion. The organization further added that JPMorgan's analysis estimates that if Michael Saylor's MicroStrategy is removed from the MSCI index, it may face an outflow of $2.8 billion. This Bitcoin treasury company accounts for 74.5% of the affected companies' total market capitalization. Analysts calculate that the total potential outflow of funds for all affected companies could reach $11.6 billion. Such a large-scale outflow would bring greater selling pressure to the crypto market, which has been in a downward trend for almost three months. As of the time of publication, the petition from "BitcoinForCorporations" has garnered 1268 signatures.

Michael Saylor stated on live television that Strategy may purchase up to 1.5 million bitcoin. (The Bitcoin Historian)

BlockBeats News, December 18, Ethereum co-founder Vitalik Buterin stated that the Ethereum blockchain needs to better explain its features to users in order to achieve true "trustlessness," which is a common challenge faced by all blockchain protocols. "Trustlessness" means that the protocol operates solely through code and automatically enforces rules without developer oversight. However, if the protocol is so complex that only a few people can participate in its operation, then in practice, others still have to trust this group. Ethereum itself already possesses trustless characteristics, as transactions and smart contracts are executed by open-source code and a decentralized network of validators. But Buterin pointed out in a post on X on Wednesday that the network still needs to improve users' understanding. "An important but underestimated form of trustlessness is increasing the number of people who can truly understand the entire protocol from top to bottom. Ethereum needs to do better in this regard by simplifying the protocol." When asked about the practicality of this idea given the trade-off between technical features and user understanding, Buterin said: "We should be willing to reduce some features at certain times."