CFTC launches pilot program, BTC/ETH/USDC can be used as collateral for derivatives: The U.S. Commodity Futures Trading Commission (CFTC) has officially launched a pilot program allowing Bitcoin, Ethereum, and USDC to be used as collateral in the derivatives market, open to approved futures commission merchants, with strict custody, reporting, and regulatory requirements in place. Additionally, tokenized asset guidelines have been updated according to the GENIUS Act, lifting outdated restrictions.
The SEC ends its two-year investigation into Ondo without filing charges: The U.S. SEC has announced the conclusion of its two-year investigation into the tokenization company Ondo Finance without recommending any charges. The investigation focused on the compliance of Ondo's tokenized U.S. Treasury products and whether the ONDO token qualifies as a security. This conclusion marks the dismissal of several cryptocurrency regulatory cases during the Biden administration, with the pro-crypto SEC chair having closed most related investigations since taking office.
UK FCA simplifies retail investment rules, lowers market entry barriers: The UK's Financial Conduct Authority announced rule changes, eliminating the complex key information document requirements for retail products and replacing them with a simplified 'product summary,' aiming to streamline the investment process for the public and activate market investment vitality.
BlackRock submits Ethereum ETF application with a single-day inflow of $110 million in BTC: BlackRock has submitted a prospectus for the iShares Ethereum Trust ETF to the SEC, marking its fourth crypto-related ETF. On-chain data shows that BlackRock transferred 1,197 BTC (approximately $110 million) and 24,800 ETH (approximately $78.3 million) to Coinbase Prime in a single day, continuing to increase its crypto asset holdings.
Strategy spends $960 million to purchase 10,600 BTC in one week, holdings exceed 660,000: Strategy purchased 10,624 BTC at an average price of $90,600 from December 1 to 7, spending approximately $963 million. As of December 7, its BTC holdings reached 660,624, with a total value of approximately $49.35 billion, and the holding cost has decreased to $74,700.
Robinhood launches ETH/SOL staking, plans to expand altcoin contract business: Robinhood has launched Ethereum and Solana staking services in New York, planning to expand nationwide and enter global markets. It also announced that the fee tier structure in the U.S. market has expanded to seven levels, with fees for high-volume users as low as 0.03%; the EU market has added perpetual futures contracts for XRP, DOGE, and other assets, with qualified users able to enjoy 7x leverage.
Tether invests in Italian humanoid robot company, betting on physical infrastructure: Tether participated in an $80 million financing round for Italian humanoid robot company Generative Bionics, which develops industrial humanoid robots for factory logistics. This move is part of Tether's strategy to 'support both digital and physical infrastructure', with institutions like AMD Ventures also participating.
Binance confirms employee insider trading, suspends and pursues legal responsibility: Binance announced that an employee profited by releasing promotional content within one minute after a token issuance using insider information and has been immediately suspended. Binance has contacted judicial authorities and is cooperating with the investigation, rewarding five whistleblowers with a total of $100,000. CZ responded that the case has already been reported to the police and urged the community to report through formal channels.
Digital asset investment products have increased for two consecutive weeks, with a single-week inflow of $716 million: CoinShares data shows that digital asset investment products had a net inflow of $716 million last week. Bitcoin saw an inflow of $352 million, XRP saw an inflow of $245 million (with a cumulative total of $3.1 billion this year), Chainlink had an inflow of $52.8 million setting a new historical high, while BTC shorting products experienced an outflow of $18.7 million.
BitMine increases holdings by 138,000 ETH in one week, total holdings exceed 3.86 million: BitMine increased its holdings by 138,452 ETH last week, bringing its total holdings to 3,864,951 ETH. It also holds 193 BTC, $36 million in ORBS shares, and $1 billion in uncollateralized cash, with a total crypto + cash holding amounting to $13.2 billion.
Ethereum's average daily transaction fees hit the lowest since July 2017: Glassnode data shows that Ethereum's average daily total payment fees (90-day moving average) have dropped below 300 ETH, the lowest level since July 2017, significantly reducing network usage costs.
Ripple completes $500 million share sale, valuation reaches $40 billion: Ripple completed a $500 million share sale in the secondary market, with the company's valuation reaching $40 billion. The transaction terms include a high-price buyback right for investors, securing profits for participants such as Citadel.
Probability of a 25 basis point rate cut by the Federal Reserve in December is 89.4%, focus on voting discrepancies: CME data shows that the probability of a 25 basis point rate cut by the Federal Reserve in December is 89.4%. The market's focus has shifted to voting discrepancies among decision-makers and Powell's wording, with Nomura indicating that the risk of keeping rates unchanged cannot be ruled out, while investors are more concerned about policy guidance for 2026.
White House advisor Hassett: Interest rates should continue to be lowered, data must be closely monitored: White House economic advisor Hassett stated that the Federal Reserve should continue to lower interest rates, with specific cuts needing close attention to economic data, while also deeming it 'irresponsible' to prematurely announce interest rate commitments for the next six months. Traders expect the cumulative rate cuts by the end of 2026 to be less than 75 basis points.
Japan submits additional budget of 18.3 trillion yen to boost the economy: The Japanese government submitted a draft supplementary budget of 18.3 trillion yen for the fiscal year 2025 to the National Diet, an increase of 31% from the previous fiscal year, primarily aimed at alleviating rising prices and investing in growth areas, with the goal of passing it before the National Diet adjourns on December 17.
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 objectives, viewing cryptocurrency investments rationally and avoiding blind following.
