Insights

Kaspa (KAS) is going through a quiet but important shift. While price action has stayed relatively muted, on-chain data shows a clear change in who is holding KAS.  Short-term traders are slowly stepping out, while medium- and long-term holders continue to increase their share. This kind of

On-Chain Data Analytics Company CryptoQuant Issues Warning: Due to a明显 weakening in Bitcoin demand momentum, cryptocurrencies may have entered a bear market, and the subsequent downside risk cannot be ignored. CryptoQuant recently released a report stating: "The demand growth for (Bitcoin) has明显 slowed down, indicating that the market will enter a bear market. Since 2023, Bitcoin has experienced three waves of spot demand, driven by the US spot ETF listing, the US presidential election, and Bitcoin reserve companies." However, since early October 2025, this demand growth has fallen below the long-term trend line, indicating that the new buying interest in this cycle has been largely absorbed by the market, causing Bitcoin to lose a key support level. Based on the current weakness, CryptoQuant believes that the downside risk for Bitcoin is gradually emerging, with "70,000 USD" being the first major threshold.

_Hong Kong advances crypto regulation by approving licensing plans for virtual asset dealers, custodians, and advisors to strengthen oversight._ Hong Kong has taken another major step toward tighter crypto oversight. Plans to license crypto dealers and custodians confirmed by regulators. The

Large BTC holders are consolidating, with a 2.2% decrease in wallets but a 136,670 BTC increase. Analysts are divided; some predict a rise to $70K, while others see Bitcoin in a sideways trend. Long-term holders remain optimistic amidst tightening supply.

Altcoin volume now stands at 4× Bitcoin levels, signaling strong accumulation activity at cycle lows despite bearish market sentiment. Ethereum and Solana are leading high-cap inflows, with elevated volume suggesting long-term positioning rather than short-term speculation. Rising volume

Aave (AAVE) faces declining borrowing demand, leading to a 70% drop in borrowing volume and a 35% decrease in token value. Despite $50 billion in deposits, reduced rates have driven users to competitors, impacting revenue and signaling a need for improved borrowing incentives.

The stablecoin sector continues to display notable traction across the globe. Particularly, $USDT, $USDC, and $USDe are leading the list of top stablecoins in terms of market capitalization. As per the data from Phoenix Group, the rising growth of the stablecoin world has pushed its total market cap

Old Script Invalid in 2025 2025 is coming to an end, but the crypto market is showing an unprecedented "split" scene: Bitcoin (BTC), driven by institutional funds, repeatedly hits new highs, reaching as high as $125,000; Ethereum (ETH) struggles around $2,800, still significantly below its all-time high; and the once "rising tide lifts all boats" altcoins have fallen into a deep abyss, with most projects plunging 80-95% from their 2021 peaks, unable to recover even amid BTC's new highs. This completely deviates from the classic narrative of the past decade in the crypto market. The traditional "four-year cycle" script—"BTC first rises → ETH catches up → Altcoins rotate and surge"—seems to have completely failed in 2025. The familiar "carving a boat to seek a sword" strategy among veteran players has now become a joke of "carving a boat to seek fish." Meanwhile, Grayscale, Coi

_Metaplanet approves new equity strategy to expand Bitcoin holdings, targeting 210,000 BTC by 2027 despite growing digital asset treasury risks._ Metaplanet has approved an ambitious plan to expand its Bitcoin reserves. The Japanese firm aims to hold 210,000 BTC by 2027. The decision shows the o

Shiba Inu has had a tough year, and its not hiding on the chart. TheCryptoBasic shared on X that the SHIB price has printed its first-ever weekly death cross in 2025, a signal that confirms how weak momentum has become after months of selling. For investors who entered at the start of the year, the

It is reported that Snowflake Inc. (SNOW) is advancing the acquisition of Observe, a cloud-based observability platform company. If the deal is completed, the scale is expected to reach approximately $10 billion (about 1.44 trillion KRW), making it the largest startup acquisition in Snowflake's history. Observe provides real-time detection tools for issues such as latency or server failures, and helps engineers analyze problems through an integrated chatbot. Existing solutions mainly offer SQL-based analysis functions, while Observe's feature is its proprietary language OPAL, which enables functions focused on time series analysis. This allows the platform to track log errors during specific periods or perform comparative analysis with previous periods. Notably, Observe also addresses security threat detection within the Snowflake environment and aims to reduce infrastructure costs.

Sei (SEI) is closing out December with attention moving away from price moves and toward its network. South Korean exchanges briefly paused deposits and withdrawals during an audit and a mainnet upgrade, while trading stayed open. The pauses were routine and related to compliance, not any