Analyst: Expectation that the Federal Reserve will cut interest rates more than market expectations
Odaily Planet Daily Reported that supported by the anticipation of further rate cuts by the Federal Reserve next year and ongoing geopolitical uncertainties driving safe-haven demand, gold prices continued to rise. A Deutsche Bank analyst stated: "Although there are signs that the next Federal Reserve meeting in January may pause rate cuts, the door for further rate cuts remains open. We expect the magnitude of the rate cut to exceed current market expectations, especially after Powell's success

The U.S. Senate's Cryptocurrency Market Structure Bill Faces Deadlock Due to Tight Schedule After weeks of bipartisan negotiations, the legislation on the cryptocurrency market structure in the U.S. Senate has made little substantive progress. Democrats have submitted a new counterproposal, accepting parts of the Republican framework but insisting on major reforms in financial stability, market integrity, national security enforcement, and public officials' digital asset conduct. These disagreements indicate that there is no consensus within the Senate on the bill's core regulatory framework.

Overview of Mainstream Perp DEXs: Hyperliquid and Aster trading volumes up over 30%, with active capital increasing AI Summary: Recently, Perp DEX platforms have seen rising trading volumes, a slight increase in open interest, and little change in TVL, indicating market activity. Platforms like Lighter and Hyperliquid have 24-hour trading volumes of approximately $8.83 billion and $8.52 billion, respectively, demonstrating active capital movement. According to BlockBeats, on December 10th, data from DefiLlama shows that in the past 24 hours, trading volumes across major Perp DEX platforms have

Bitcoin mining company IREN completes $2.3 billion convertible senior notes issuance
AI Summary: Bitcoin mining company IREN has completed a $2.3 billion convertible senior notes issuance and a $544.3 million convertible bond buyback. The company has launched bonds maturing in 2032 and 2033, and has taken measures to hedge against equity dilution risk.
According to BlockBeats, on December 9, CoinDesk reported that bitcoin miner IREN (IREN) completed a refinancing transaction, including a $2.3 billion convertible senior notes issuance and a $544.3 million buyback of existing convertible bonds.

Report: Bitcoin May Rise to $170,000 by 2026, Driven by US Policy Reforms and Institutional Demand
The latest annual report from Korea’s Korbit Research Center predicts that Bitcoin will reach the $140,000 to $170,000 range in 2026, highlighting that the core drivers of price increases are US fiscal reforms, structural institutional demand, and a strong US dollar environment, rather than the traditional four-year halving cycle. The research team proposes a new macro-driven theory, emphasizing that US productivity improvements and expanded capital expenditures have significantly strengthened Bi

Glassnode: Investor panic subsides after Bitcoin stabilizes, capital starts flowing into call options
AI Summary
Glassnode's latest weekly report points out that the current market situation is similar to the early stages of the 2022 bear market, with weakening ETF demand and IBIT experiencing six consecutive weeks of outflows, totaling over $2.7 billion. Derivatives data shows that market risk appetite has decreased, with cautious sentiment in the options market and investors more inclined to sell.
According to Odaily Planet Daily, Glassnode's latest weekly report indicates that the current m

Next Week’s Macro Outlook: Highly Controversial Fed Rate Cut Approaching, Gold Enters Volatile Mode
AI Summary
As US economic data supports expectations of a Fed rate cut, investors are refocusing on risk assets. The Fed’s rate decision will be the main focus next week, with the market widely anticipating a rate cut and related economic data set to be released. Investors are optimistic about future policy easing.
According to PANews on December 6, as US economic data such as “ADP” and PCE largely support the expectation of a Fed rate cut next week, Wall Street’s fears have come and gone swiftl

Whale "0xBC64" acquired $13.9 million worth of crypto assets during the market downturn
According to Gate News Bot, whale address "0xBC64" made significant purchases of approximately $13.9 million in cryptocurrencies during the recent market volatility. These acquired assets were subsequently transferred to on-chain wallets. The purchases included 22.7 million ENA ($5.92M), 1,898 ETH ($5.79M), 38,614 LINK ($527K), 74,217 UNI ($413K), 134,005 PENDLE ($323K), and 753,625 CRV ($295K).
Previously, Lookonchain reported a transaction by this whale, in which $35.7 million in assets were acquired duri

DeFi Technologies subsidiary Valour approved to list four digital asset ETPs on Brazil's B3 exchange
According to ChainCatcher, DeFi Technologies Inc. announced that its subsidiary Valour has received approval from Brazil's B3 exchange to list four digital asset exchange-traded products (ETPs), including Valour Bitcoin (BTCV), Valour Ethereum (ETHV), Valour XRP (XRPV), and Valour SUI (VSUI). Trading is expected to begin on December 17.

With the introduction of the CARF reporting rules, the number of Web3 foundations in the Cayman Islands has surged by 70%
PANews, December 3—According to a Cointelegraph report, the latest data shows that the number of registered foundation companies in the Cayman Islands has soared by 70% year-on-year. By the end of 2024, the number of registered companies exceeded 1,300, and more than 400 new registrations have been added so far in 2025. These structures are increasingly being used as legal wrappers for decentralized autonomous organizations (DAOs) and serve as ecosystem managers for major W

Bitcoin Valuation Indicator Prediction: The probability of Bitcoin price recovery in 2026 is 96%. PANews reported on December 2 that according to Cointelegraph, Bitcoin's price has currently dropped 31.4% from the historic high of $126,000 set on October 6. This pullback has caused BTC price to fall below its network value (Metcalfe's value) for the first time in two years. Economist Timothy Peterson stated that historically, this often indicates that Bitcoin will recover. Metcalfe's Law points out that BTC price is positively correlated with the growth of active addresses and volu

Bitcoin ETF saw a net outflow of $3.48 billion in November, marking the worst month since February. The Bitcoin Spot ETF experienced the most severe monthly fund outflow since the beginning of the year, totaling a net outflow of $3.48 billion. According to SoSoValue data, from November 12 to 18, the ETF faced fund withdrawals for five consecutive weeks, with the largest single-day outflow occurring on November 20, reaching $903 million. Towards the end of the month, the market warmed up, recording net inflows for three consecutive days, partly due to Nasdaq ISE submitting an application to exp

The HyperLiquid team has distributed 1,745,746 HYPEAI to 29 new wallets after unstaking their tokens. The HyperLiquid team unlocked 2.6 million HYPE tokens on November 22, and after a seven-day thawing period, they were distributed today. Most of these tokens have been transferred to new wallets, with some set for OTC Trading and others for restaking. According to Jinse Finance, the HyperLiquid team previously disclosed unlocking 2.6 million HYPE on November 22, and due to the seven-day thawing period, the team only received the HYPE tokens today, November 29. On-chain data monitoring shows th

Beijing Business Daily: Cryptocurrency trading draw attention has penetrated Xiaohongshu, Taobao, and Xianyu, becoming a "hunting trap" targeting ordinary people. AI summarizes that the phenomenon of cryptocurrency trading draw attention is infiltrating mainstream platforms, such as Xiaohongshu and Taobao, where the content appears to be sharing but actually guides users to participate in cryptocurrency trading. Industry insiders are calling for strengthened regulation and cooperation between platforms and users to address this chaos. The Central Bank will also continue to crack down on virtua

São Paulo, Brazil will pilot blockchain-based microloans for small rural producers. According to Jinse Finance, Brazilian fintech company Tanssi is launching a government-backed blockchain project to provide microloans to small rural producers in São Paulo through a mobile application and physical payment machines. The project uses the blockchain infrastructure built by Tanssi, which allows for predictable transaction fees and reliability, instead of relying on public blockchains like Ethereum or Solana, and is expected to launch next month.

Tether CEO retweets clarification: The market misunderstands Tether's preference for gold over Bitcoin. Summary: Tether's CEO clarifies his support for Bitcoin, stating that despite its gold purchases exceeding those of several Central Banks, it still allocates about 15% of profits to increase Bitcoin holdings, demonstrating its global corporate positioning. According to Golden Finance, in response to Tether's gold purchases last quarter exceeding those of several Central Banks, Tether CEO Paolo Ardoino retweeted a post from Sam Callahan, Strategic and Research Director at Bitcoin

Yaocai Securities Finance: Ant's Acquisition Offer Extended by 4 Months Odaily News Yaocai Securities Finance announced that Yaocai Securities and Ant have signed a revised agreement to extend the acquisition offer period by 4 months, with the final deadline updated to March 25, 2026. The announcement also notes that there remains uncertainty regarding the fulfillment of transaction conditions and the final outcome. According to regulatory requirements in both locations, Ant's acquisition of Yaocai must be approved by the Hong Kong Securities and Futures Commission and the National Dev

U.S. Senator: The "Operation Chokepoint 2" by banks against the crypto industry is still ongoing. According to ChainCatcher, U.S. Senator Cynthia Lummis commented on the X platform about banking giant JPMorgan closing the personal account of Bitcoin financial company Strike's CEO Jack Mallers without any explanation. She stated, "The banks' Operation Chokepoint 2 against the crypto industry is still ongoing, and actions like those of JPMorgan undermine people's confidence in traditional banking while pushing the digital asset industry overseas."

Barclays: Powell may push the Fed to cut rates next month PANews, November 24 news, according to Jin10 report, Barclays research points out that there is still uncertainty regarding the Fed's rate decision next month, but Chairman Powell is likely to push the FOMC to make a rate cut decision. Based on recent speeches, Barclays believes that Governors Mester, Bowman, and Waller may support a rate cut, while regional Fed Presidents Musalem and Schmied are inclined to keep rates unchanged. Governors Barr and Jefferson, along with Goolsbee and Collins' latest statements, indicate that thei

Bloomberg: The fall of Bitcoin signals weak performance of risk assets by the end of the year, but there may be growth momentum in 2026. According to ChainCatcher news, a recent report from Bloomberg Intelligence points out that the recent decline in Bitcoin, which has fallen below an important support level, seems to indicate weak performance of risk assets by the end of the year. This indicator currently has a reverse relationship with the volatility of the S&P 500 index. However, there may be momentum growth in 2026, as the current market downtrend may have bottomed out. With the adjustment