Today's Blockchain Dynamics Share (2025.12.25):

1. Ethereum spot ETF saw a total net outflow of $52.7049 million yesterday, with only Grayscale ETF ETH realizing a net inflow; Bitcoin spot ETF had a total net outflow of $175 million yesterday, continuing a 5-day net outflow.

2. The U.S. has ended the previous government's investigation into China's chip trade, and will not impose additional tariffs on Chinese chips for the next 18 months.

3. The EU has intensified its taxation efforts on cryptocurrencies, with the DAC8 bill officially coming into effect.

4. NVIDIA has acquired AI chip startup Groq for approximately $20 billion in cash, becoming its largest acquisition.

5. Binance has launched the Kyrgyz Som stablecoin, as the country accelerates its national-level cryptocurrency layout.

6. The onshore RMB against the USD has broken the 7.01 mark, reaching a new high since September 27, 2024, with the USDT premium rate reported at -1.35%.

7. Two major Russian stock exchanges have expressed support for the new cryptocurrency regulatory scheme, with an annual crypto investment limit of 300,000 rubles for ordinary investors.

8. Sifang Jingchuang has submitted a listing application to the Hong Kong Stock Exchange, with business involving blockchain and AI deployment of a new digital financial system.

9. Musk predicts that the U.S. could achieve "double-digit economic growth" within 12-18 months, drawing attention from the cryptocurrency community.

10. VC reviews the 2025 crypto value flow: stablecoins, prediction markets, and "established players" become the biggest winners.

11. CZ's Christmas message: true early Bitcoin buyers entered the market amidst fear and doubt.

12. Wu Jiezhang: Legislation on over-the-counter trading and custody of digital assets can combat fraud and establish the legitimacy of related services.

13. Institutions: The U.S. still has about 3 rate cut spaces in 2026.

14. Bank of Japan Governor: If the baseline forecast is realized, the Bank of Japan is likely to continue raising interest rates.

15. Institutions: Global generative AI consumer spending is expected to reach $69.90 billion by 2030.

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