Texas Lieutenant Governor announces purchase of Bitcoin, aiming to create a digital future center: Texas Lieutenant Governor Dan Patrick publicly stated that Texas has officially purchased Bitcoin, becoming the first state in U.S. history to buy Bitcoin. He emphasized support for President Trump, with the goal of making Texas the 'center of America's digital future.' It is reported that Texas has previously promoted legislation related to Bitcoin strategic reserves and is the region with the highest concentration of Bitcoin miners in the country.
Texas small bank Monet transforms into a crypto-specialized bank: Texas community bank Monet (formerly Beal Savings Bank) has officially ventured into cryptocurrency lending, positioning itself as a digital asset 'infrastructure bank.' The bank is owned by a billionaire supporter of Trump, has assets of less than $6 billion, holds a state-chartered license, and is regulated by the FDIC. This year, it has changed its name twice to align with its new strategy.
Yield Basis, developed by the founder of Curve, activates fee switch, users can claim 17 BTC: The Yield Basis protocol, developed by the founder of Curve Finance, activated the fee switch on December 4, directing revenue to token holders. The accumulated 17 BTC (worth nearly $1.6 million) can be claimed by eligible users in the next four weeks, and the activation proposal was previously passed by token holders unanimously.
Solana's largest treasury launches self-operated AMM platform BisonFi: FWDind, the digital asset library with the most SOL holdings in the Solana ecosystem, officially launched its self-developed AMM platform 'BisonFi', a message confirmed by Multicoin Capital Managing Partner Kyle Samani, which will further enrich Solana's decentralized trading ecosystem.
Former Signature Bank team established N3XT bank, raising $72 million: N3XT, a blockchain bank founded by former Signature Bank Chairman Scott Shay, disclosed that it has raised $72 million through three rounds of financing, with participation from Paradigm, Winklevoss Capital, and others. Former Signature Bank Digital Asset Strategy Director Jeffrey Wallis has been appointed CEO, continuing its layout in the crypto finance sector.
A 13.1-year dormant address activated, 1,000 BTC's value increased by 7,700 times: On-chain monitoring shows that a Bitcoin address created in 2012 has been activated, containing 1,000 BTC currently valued at approximately $89.26 million, while it was only worth $11,500 in 2012, growing in value by over 7,700 times in 13 years.
Polymarket embroiled in controversy over $59 million bet, 'launch' definition sparks dispute: Prediction market Polymarket is involved in a dispute over a $59 million bet regarding whether a U.S. version will be launched by the end of 2025. In November, the platform opened to a small group of test users for the U.S. version, but whether the 'soft launch' meets the 'official launch' standard has sparked controversy. UMA token holders voted to determine it as 'launched', but a large number of users protested that the ruling was unreasonable, and the rewards have not yet been distributed. Notably, the parent company of the NYSE, ICE, was previously negotiating to invest in Polymarket, with its return to the U.S. market driven by improved regulatory conditions under the Trump administration.
Circle issued an additional 10 billion USDC this month, liquidity continues to expand: According to on-chain monitoring, Circle issued another 500 million USDC an hour ago, bringing the total issuance in the past month to 10 billion, with the supply of stablecoins continuing to increase to meet ecological demand.
Exodus CEO predicts: Bitcoin will reach $200,000 in 2026: The CEO of publicly listed company Exodus stated in an interview with CNBC that based on current market trends and institutional allocation needs, it is predicted that the price of Bitcoin will rise to $200,000 by 2026.
U.S. prosecutors recover nearly $1.7 million in crypto fraud funds through civil forfeiture: The U.S. Attorney's Office for the Eastern District of Virginia has recovered 420,000 USDT and 1.24 million BUSD (totaling nearly $1.7 million) through civil asset forfeiture procedures, originating from a fraudulent crypto investment platform. Fraudsters lured victims to a crypto chat application via text messages, then guided them to invest in a counterfeit platform, and the funds are currently being returned to victims.
Economists predict: Federal Reserve to cut interest rates by 25 basis points in December, with two more cuts in 2026: The median of surveyed economists indicates that the Federal Reserve is expected to cut interest rates by 25 basis points at the meeting on December 10 to address labor market downturn risks, marking the third rate cut since September. Two additional cuts of 25 basis points may be implemented starting in March 2026, gradually loosening monetary policy.
U.S. stock indices slightly rise, crypto concept stocks lead declines: The Dow Jones rose by 0.22%, the Nasdaq by 0.31%, and the S&P 500 by 0.19%, with most large tech stocks like Broadcom and Google rising. However, crypto concept stocks performed poorly, with Strive down over 7% and Circle down over 2%. Additionally, the Atlanta Fed's GDPNow model revised the U.S. third-quarter GDP growth forecast down from 3.8% to 3.5%.
Disclaimer: The content of this article is for reference only and does not constitute any investment advice. Investors should rationally view cryptocurrency investments based on their own risk tolerance and investment goals, and should not blindly follow trends.
