US SEC Chairman: The entire financial system will shift to cryptocurrency within a few years: The SEC Chairman publicly stated, “The entire financial system will turn to Bitcoin and cryptocurrencies within a few years, which is the direction of the world's future development,” releasing a clear signal of optimism for the long-term development of the cryptocurrency industry.
EU proposes to expand ESMA's powers, centralizing cryptocurrency regulation: The European Commission released a regulatory reform proposal, suggesting that the European Securities and Markets Authority (ESMA) directly regulate core entities such as cryptocurrency asset service providers (CASP) and trading venues. If implemented, ESMA will form a centralized regulatory framework in line with the US SEC, a concept first proposed by ECB President Lagarde in 2023, raising industry concerns about regulatory standards.
Bitcoin spot ETF inflows recover, showing signs of warming at the beginning of December: After four consecutive weeks of net outflows and significant outflows in November, the fund flow of Bitcoin spot ETFs showed positive changes at the beginning of December, with the inflow trend gradually recovering. Previous data indicated that leading products like BlackRock's IBIT had attracted over $30 billion in a single month, and institutional demand for allocation remains.
After the AAVE whale was liquidated, it restarted buying the dip, purchasing 80,900 coins in half a month: A whale that liquidated 32,000 AAVE at a price of $101 during the market crash re-entered the market on November 24. In half a month, it spent a total of 14 million USDC to acquire 80,900 AAVE at an average price of $173. Currently, it holds a total of 333,000 coins through circular loans, valued at approximately $62.59 million, with an overall cost of $167 and a liquidation price of $117.7.
7 million TRX transferred to Binance, valued at approximately $2.03 million: According to Arkham data, at 00:15, an anonymous address (starting with TURTTU) transferred 7 million TRX to Binance, valued at approximately $2.03 million based on current prices. The large transfer has drawn market attention to short-term trading trends.
Coinbase Bitcoin premium index at 0.0246%, US and European demand trending towards balance: Coinglass data shows that the Coinbase Bitcoin premium index currently stands at 0.0246%. This index reflects the price difference between Coinbase, dominated by US institutions, and Binance, which concentrates on global users. The current low level indicates a relatively balanced buying pressure between US and global investors.
Jupiter Lend faces controversy over misleading promotion of 'isolated vaults': Solana's Jupiter Lend has been exposed for issues in risk disclosure, with Fluid co-founder Samyak Jain admitting that their vaults use repeated staking technology to enhance capital efficiency, 'not fully isolated'. Competitor Kamino has suspended support for Jupiter Lend's one-click migration tool, claiming users are misled about the protocol's risks, sparking community discussions about transparency in DeFi projects.
Bloomberg analyst: An annual increase of 50% for Bitcoin is normal, not a tulip bubble: Bloomberg ETF analyst Eric Balchunas stated that Bitcoin has existed for 17 years and has rebounded after experiencing significant blows 6-7 times, which is completely different from the tulip bubble that lasted only 3 years. Even if the performance in 2025 is mediocre, as long as it maintains an average annual increase of around 50%, it meets expectations and should not be overinterpreted in terms of short-term fluctuations. He also pointed out that Bitcoin is similar to gold and art, being a non-productive asset but still possessing value.
Public miners' Bitcoin production cost reaches $746,000 in Q2 2025: Data shows that the average production cost for public miners to mine one Bitcoin in the second quarter of 2025 is $746,000, with total costs reaching $1.378 million. There have also been instances where production costs exceeded market prices, which is believed to potentially trigger selling pressure from miners.
Coinbase CEO: Cryptocurrency can supervise bad governments: Coinbase CEO Brian Armstrong emphasized that Bitcoin and cryptocurrency, as 'people's money', can supervise bad governments, highlighting their social value under decentralized attributes.
CZ states: Tweets do not represent endorsement of any Meme or token: Binance founder CZ stated when retweeting He Yi's viewpoint that even if the community turns commonly used words into Meme tokens, he will still tweet as usual, and the words in the tweets do not represent endorsement of any Meme or symbol, responding to market concerns about 'tweets creating coins'.
Disclaimer: The content of this article is for reference only and does not constitute any investment advice. Investors should consider their own risk tolerance and investment goals and approach cryptocurrency investments rationally, avoiding blind following.
