ChainCatcher Message, according to on-chain data, the main reason Bitcoin prices are currently difficult to recover is due to insufficient liquidity. Data shows that since August, the 7-day average of stablecoin inflows into exchanges has plummeted from $158 billion to approximately $76 billion, a 50% decrease. The 90-day average has also declined from $130 billion to $118 billion. Analysis indicates that this reflects weak demand for Bitcoin, unable to absorb market selling pressure. The current market is in a downward trend, and recent slight rebounds are mainly due to reduced selling pressure rather than a return of buying interest. Tracking stablecoin inflows helps to determine whether new liquidity is about to enter the market. Analysts emphasize that for Bitcoin to restart a genuine bull market, the key is new liquidity entering the market. The current market lacks sufficient buying power to support a price increase.

XRP once again failed to break through the $2.09-$2.10 resistance level on Wednesday and experienced a rapid institutional sell-off after reaching a high, causing the price to fall back to the key $2.00 mark. The daily decline was 4.3%, underperforming the overall cryptocurrency market. Nevertheless, spot ETF funds continued to see net inflows of over $170 million this week, presenting a special divergence where the price weakens while supply tightens. From the data, XRP faced strong selling pressure around $2.08, with hourly trading volume soaring to 172.8 million, 205% higher than the daily average. Such volume expansion typically indicates institutions distributing at resistance levels, rather than retail panic selling. The overall trading volume for the day increased by 54% compared to the 7-day average, further reinforcing the view that institutional funds are driving this round of correction.

ChainCatcher message, Security Alliance founder Samczsun posted that relying solely on code audits, formal verification, and high bug bounty rewards is still not enough to prevent hacker attacks. The annual review of smart contracts is the key fourth step to ensure protocol security. Samczsun pointed out: 1. Higher bug bounties cannot prevent hacker attacks because it only doubles down on the assumption that white hats will find vulnerabilities before black hats. The same amount can be used to support multiple re-audits over several years. 2. Risk levels grow linearly with TVL, but security budgets do not increase accordingly. 3. Audit reports are only security assessments at a specific point in time, which can expire. Since the protocol environment is constantly changing, the only way to refresh the assessment is to conduct re-audits. Samczsun believes that by 2026, the crypto industry should adopt an annual

After weeks of bipartisan negotiations, the legislation on cryptocurrency market structure in the U.S. Senate has yet to make substantial progress. Democrats submitted the latest counterproposal, accepting some Republican framework, but insisting on major reforms in financial stability, market integrity, national security enforcement, and digital asset conduct for public officials. These disagreements indicate that there is still no consensus within the Senate on the core regulatory framework of the bill. Key points of contention include digital asset information disclosure, secondary market protections, tools for illegal financial identification and suppression, compliance obligations for decentralized platforms, and restrictions on stablecoin yields. Democrats are also pushing for strict ethical standards to prevent elected officials from profiting through cryptocurrency projects, which is closely related to controversies involving investments by the Trump family. However, the White House has vetoed some ethical provisions and Democratic nomination requirements, further complicating negotiations.

Gate News Bot message, December 11 — According to CoinMarketCap data, at press time, LIGHT (Bitlight) is priced at $0.85, up 31.03% in the past 24 hours, with a high of $1.47 and a low of $0.57. The 24-hour trading volume reached $34.8 million. The current market capitalization is approximately $36.6 million, an increase of $8.67 million compared to yesterday. Bitlight Labs is committed to "making Bitcoin smarter," a member of the LNP/BP Association, and a major contributor to the RGB protocol. The company leads the development of native smart contract infrastructure for Bitcoin and the Lightning Network, driving the development of native BitcoinFi. As a key contributor to the Lightning Network, Bitlight Labs has developed the RGB Lightning Network node (RLN) based on LDK.

Odaily Planet Daily News reports that Alliance DAO co-founder qw shared his personal ranking of "the levels of competitive moats across different industries" today, and pointed out that the moat of blockchain itself is very limited, at approximately 3/10. qw's moat scoring system is as follows: 10/10 (Strongest Moat): Microsoft (Key SaaS), Apple (Brand + Ecosystem), Visa/Mastercard (Payment Network Effects), TSMC (IP + Physical Infrastructure) 9/10: Google (Search and AI IP), Amazon (E-commerce Network Effects + Logistics Infrastructure), Moody's, S&P, FICO (Regulatory Driven + Brand + Rating Network Effects), Major Cloud Providers (AWS/Azure/GCP, etc.) 8/10: Meta (Social Network Effects), NVIDIA (IP +

PANews December 10 News, according to Cointelegraph, Vitalik Buterin states that the occasional "loss of finality" on Ethereum does not pose a serious risk, with the key being to avoid "incorrect finalization." During this delay in finality caused by a Prysm client vulnerability, the chain can still operate normally. Ethereum expert Fabrizio Romano Genovese said that when finality is temporarily lost, Ethereum is more similar to Bitcoin, with its finality being probabilistic; Ethereum's rule is: when a block receives over 66% validator votes, it becomes "Justified," and after two more rounds of Epochs (64 blocks), it becomes "Finalized." He pointed out that this situation occurred in May 2023. Polygon states cross-chain and

According to BlockBeats news, on December 10th, CryptoQuant analyst Axel posted on social media that Bitcoin has regained its bullish structure after a pullback to $80,000. The move comes against the backdrop of the market almost fully pricing in a third consecutive rate cut by the Fed, which will improve financial conditions and open a window for further asset gains without Powell releasing hawkish surprise signals. Since the peak pullback to the $80,000 range in October, the price has shown a steady upward trend over the past 14 days. The key signal is: the 200-day moving average (DMA) slope (blue histogram) has turned positive for the first time in a month, indicating that short-term bullish momentum has returned. The current price has stood above the 50-day and 200-day moving averages, and the trend is confirmed. The 52-week high (orange line) forms a key resistance level – once breached, it will be a follow-up

Pi Network Alerts has released a detailed explanation outlining the distinctions between the Pi Open Network and the upcoming Pi Open Mainnet, as the ecosystem moves through an important transition phase. With integrations increasing and expectations for full decentralization growing, the clarification helps users understand what each phase represents and how the project is evolving.

Avalanche blockchain developer Ava Labs, the Blockchain Association, and the Digital Chamber of Commerce recently held a key meeting with the U.S. Securities and Exchange Commission's (SEC) Cryptocurrency Working Group to discuss the direction of U.S. regulation of protocol tokens and crypto assets. The meeting also included legal experts from Sidley Austin LLP, focusing on how the SEC and the Commodity Futures Trading Commission (CFTC) are aligning regulations. According to the memorandum issued by the SEC, the meeting focused on optimizing the regulatory structure for cryptocurrencies, enhancing industry transparency, and clarifying the regulatory ownership of protocol tokens across different lifecycles. The "two-phase regulatory framework" proposed by Ava Labs and Sidley Austin was one of the centers of the discussion. The proposal suggests: the first sale of protocol tokens before the launch is regulated by the SEC and treated as an investment contract; After the token is launched, it will be regulated by the CFTC and treated as a commodity. This initiative aims to provide a clearer and more enforceable regulatory environment for protocol tokens without relying on new legislation.

Zcash (ZEC) is trying to recover lost ground after the November plunge. After experiencing a significant decline of over 55%, ZEC has recently rebounded by approximately 40%, and market sentiment has recovered, but the full recovery still faces multiple uncertainties. In terms of technical indicators, the RSI has broken above the 50 neutral range for the first time in two weeks, indicating increased buying power and a short-term bullish bias is forming. In general, the RSI's return to positive range is often seen as an early signal of a trend reversal, but this does not mean that ZEC has established itself in an upward trend. The macro market remains highly sensitive to risk assets, and the slightest movement could weaken ZEC's new vitality, so sustained buying is key to short-term gains.

Solana (SOL) price is approaching the key resistance level of $140, and several on-chain and derivatives indicators suggest that it may be in a "deep cycle reset" phase, signaling a potential strong rally. On December 10, SOL was trading at $138, up 5% in 24 hours, but still down 17% over the past month. Over the past week, the price has traded sideways between $128 and $145, but it has been accompanied by a significant increase in volume. Yesterday's trading volume reached $6.97 billion, a year-on-year increase of 34%, indicating a rise in interest in the spot and futures markets. According to CoinGlass data, Solana derivatives volume increased by 23% to $18 billion, and open interest (OI) rose to $7.25 billion. An increase in OI during a sideways price movement usually means that traders are accumulating positions to lay out in advance for potential trend reversals.

Hyperliquid (HYPE) has recently seen large whale buying, with the two major wallets investing a total of more than $4.2 million, breaking the current bearish sentiment with strong capital inflows. These large holders are not only actively adding to their positions at the current price but also retaining large USDC reserves, hinting at the possibility of continued buying in the future. However, retail investors remain cautious, leaving the market divided between confidence and hesitation. Despite strong inflows, HYPE's technical structure remains weak. The price continues to move along a narrow descending channel, forming lower highs and lows. $35.48 emerged as a key resistance level that failed to break through multiple attempts. The MACD maintains a bearish stance with the line below the signal line and the momentum bar continues to be weak. The RSI is close to 34, which also indicates that sellers are dominant. However, the price is approaching a psychological support zone that has seen multiple rallies in history and could be a key area for bulls to watch in the short term.

Aave Labs has officially submitted a governance proposal, planning to deploy Aave V0 on Day 3 of the MegaETH mainnet launch to lock in early liquidity and meet strong lending demand. The proposal, released on December 8, restarted previous discussions about MegaETH deployment and updated the provisions with the participation of risk service providers. Aave said that MegaETH is completing the construction of key infrastructure such as oracles, and as the mainnet approaches, the team believes that V3 should be deployed as soon as it goes live to convert early network activity into protocol use. The first-mover advantage will help Aave prioritize attracting lending and asset supply demand before liquidity is dispersed across multiple protocols.

November could be a key turning point for the NFT market. The latest data shows that NFT sales fell to $320 million last month, the lowest level since 2025, with hundreds of millions of dollars in market value evaporated and overall demand in the industry continuing to shrink. Although NFT reached a double peak of culture and market in 2021, it is difficult to reproduce the market popularity today. According to CryptoSlam data, total NFT sales in November almost halved, down sharply from $629 million in October and close to a low of $312 million in September. The brief recovery in the previous autumn was completely smoothed out, and the market fell into a deep downturn again. The weak trend continued in December, with CoinMarketCap showing just $62 million in sales in the first seven days of December, the slowest weekly performance of the year.

MANTRA has officially launched the OM token migration process in preparation for the upcoming network upgrade in mid-January. According to the project's latest announcement, OM holders need to migrate their tokens from the Osmosis network to the MANTRA mainnet to receive the full 4:1 token split rewards after the upgrade. This migration is regarded as a key step in MANTRA's network expansion and performance upgrade, and it is also an important link in the ecosystem to move towards a new stage. To facilitate the migration, MANTRA has suspended the trading and circulation of OM on Osmosis to ensure smooth subsequent mapping, settlement, and splitting processes. Users need to transfer their tokens to the mainnet address by themselves, and holders who fail to complete the migration before the upgrade may not receive the full allocation. This means that active migration becomes necessary for all OM holders to protect their rights.

ZCash (ZEC) exploded strongly after its launch on an exchange on December 3, rising 30.8% in a short period of time, rising from $312.8 to $409.2, successfully breaking through the psychological mark of $400. The market generally believes that this wave of rise is driven by "synergy", but for traders, the profit margins from volatility are the key. According to the latest analysis, $360 is seen as a significant support level, which has now been successfully held, setting the stage for further gains. With $400 breached, ZEC's next key target is $480, and the technical structure is gradually moving in this direction.

Andrew Tate recently posted on social platforms, questioning MicroStrategy's purchase of about 10,000 Bitcoins but failing to drive the price up, a statement that quickly sparked heated discussions in the Bitcoin community. Despite the staggering size of this nearly $1 billion purchase, the Bitcoin price remained in the $88,000 to $92,000 range before and after the announcement, with little market reaction. The discussion focused on a key question: Why didn't such a huge buying order drive spot prices? Industry insiders pointed out that the core reason is that micro strategies usually do not execute buy orders through the open market, but rely on over-the-counter (OTC) to complete large orders. OTC platforms privately match buyers and sellers to complete huge transactions off-chain, avoiding impact on the order book and leaving no traces on the price chart.

Bitcoin retreated to near $92,500 in early Asian trading on Wednesday after breaking above $94,000, as the market continued to remain cautious ahead of the Federal Reserve's key meeting. As investors focus on the latest policy statement and the tone of Jerome Powell's year-end press conference, the overall cryptocurrency sentiment cools in the short term. Mainstream altcoins are showing a differentiated trend. Ethereum is up 7% in the last 24 hours and is currently trading around $3,320; Solana and Dogecoin are both up about 5%; Cardano was the strongest performer, with an 8.5% increase on the day. Despite this, these tokens generally retreated 1%-2% in early Asian trading, hinting at profit-taking after an overnight rally. XRP is up slightly by 2% but is still down 4% this week, with BNB, USDC, and TRX largely flat. The market depth for small-cap tokens remains weak, reflecting the ongoing liquidity imbalance since December.

The Federal Reserve will hold its final interest rate meeting in December. Some officials do not support a rate cut, but Chair Powell may push to lower rates to 3.5%-3.75%. The key issue is whether enough consensus can be reached, while slowing job growth is sparking differing views on this rate cut.

Wintermute stated that recent market trends reflect limited investor interest before policy clarity, and cryptocurrencies may continue to trade within a range, mainly influenced by liquidity and positions. Decisions by the Federal Reserve and the Bank of Japan will be key, while capital efficiency has become a market priority.

Dogecoin (DOGE) is currently holding around the key support range of $0.14, with its price continuing to move within the descending channel formed since being rejected at $0.21. The overall structure is showing lower highs and lower lows, with short-term momentum still weak. Nevertheless, as long as the $0.136-$0.140 bottom range remains solid, there is still a chance for a short-term rebound toward the $0.16 area. From a technical perspective, the $0.145-$0.150 range remains a strong resistance zone in the near term. If bulls fail to hold above this level, any rebound is unlikely to be sustained. The $0.16-$0.18 range is an even stronger supply zone, having historically acted as the upper limit for rebounds. Currently, DOGE’s trading volume remains weak, and the rebound lacks confirmation from genuine buying interest, meaning each price surge is easily suppressed by bears. If the daily close can successfully hold above $0.150, it would be the first sign of bears losing control and could open the way for a move toward $0.16-$0.18. Conversely, if $0.136 is broken, the downside target will shift back to $0.12 and could potentially reach the yearly low zone of $0.10-$0.08.

Cardano (ADA) price continues to fluctuate within the $0.40 to $0.45 range, with the market watching closely to see if the key support at $0.38 can hold. Currently, ADA is trading around $0.43, just below the short-term resistance at $0.45. If it fails to break out with strong volume above the $0.45-$0.47 zone, the price structure may continue to show weakness and consolidation through late December. On a higher time frame, ADA has declined from its 2025 high of $1.32, remaining in a long-term downtrend overall. Although the RSI has rebounded from oversold territory, providing conditions for a short-term bounce, it has not disrupted the broader bearish structure. On the daily chart, major resistance is concentrated at $0.446-$0.47 (including the 200-day moving average), while key support lies between $0.423 and $0.40. A break below this support could see the range extend down to $0.33-$0.35.

Since early November, Ethereum (ETH) has rebounded more than 20% after hitting a local low of around $2,620, and as of December 9, it has returned above $3,000. However, both technical patterns and on-chain data are signaling further downside, suggesting that ETH prices may weaken again in the coming months. From a technical perspective, ETH is currently forming a classic inverse cup-and-handle pattern, which typically signals a deeper correction and points to a mid-term target of around $1,500. This pattern began after ETH peaked near $4,100 in August and subsequently declined, breaking below both the 50-day and 200-day exponential moving averages, gradually forming a rounded top. Entering the "handle" phase, ETH has been moving within an ascending channel but has repeatedly faced resistance around the $3,150 region, struggling to break through in the short term, with the 50-day moving average also acting as resistance in this range. If ETH breaks below the current lower boundary of the channel around $2,900, it will confirm the continuation of the downtrend, technically validating the $1,500 target of the inverse cup-and-handle pattern. This range also overlaps with a key support area for Ethereum since the beginning of 2024, further amplifying the risk. Unless the price regains the $3,300 to $3,450 range, ETH’s overall trend remains tilted to the downside.

Aster (ASTER) has been under continuous pressure since its launch, dropping about 70% from its high of $1.50. Technically, ASTER formed a clear inverted V-shaped top structure near $1.40, with a rapid pullback following a sharp rise, trapping buyers. The price has consistently remained below the 20-day, 50-day, and 200-day moving averages, confirming the continuation of the downtrend. According to the V-shaped top measurement method, ASTER’s neckline is in the $1.04 to $1.05 range. If this support fails, the price could further drop to $0.82, corresponding to the 1.0 Fibonacci extension level. Despite the weak trend, 68% of traders in major CEX perpetual contract markets are still attempting to bottom-fish and go long. However, in the ongoing downtrend, longs are continuously being liquidated. The cumulative net long positions are steadily decreasing, while net short positions remain largely unchanged. This indicates that the current decline is not driven by shorts, but rather by longs being forced to close their positions under pressure, further pushing the price slowly lower.

On Monday, US spot Bitcoin ETFs recorded a net outflow of $60.48 million, indicating a cautious market sentiment ahead of key macro events in December. Although BlackRock's IBIT attracted a single-day net inflow of $28.76 million, it was insufficient to offset the overall outflow of funds. Grayscale's GBTC led with a net outflow of $44.03 million, and Fidelity's FBTC also saw an outflow of $39.44 million, further exacerbating the weak performance of Bitcoin ETFs. In contrast, the fund flows for Ethereum and altcoin ETFs were more noteworthy. Spot Ethereum ETFs saw a single-day net inflow of $35.5 million, with BlackRock's ETHA accounting for $23.7 million, indicating that institutions are accelerating their allocation to ETH assets.

SPX6900 (SPX) has regained upward momentum after successfully pulling back to around $0.600 and completing a technical retest of its flag pattern. After the pullback, the token rebounded by as much as 12%. Although it subsequently retraced about 5.6%, the overall trend remains within an ascending structure. The continuous buying by whales is the main driving force behind this round of price action. Large holding wallets have been actively accumulating within the current trading range, indicating that major investors view the recent pullback as an opportunity to build positions rather than a signal of trend reversal. This behavior reinforces bullish market sentiment and suggests that these key players are betting on further price appreciation.

Zcash (ZEC) is once again becoming the focus of the market, with its price retesting the upper boundary of a months-long symmetrical triangle—the key resistance at $420. As trading volume surges and institutional capital continues to flow in, ZEC may be approaching a decisive breakout. Currently, ZEC is priced around $395, up about 11% in the past 24 hours, with a total weekly increase of 18%. Although it is still down about 27% over the past month, the strength of the short-term rebound has clearly increased. The seven-day price range has been between $306 and $420, indicating that the market has entered a phase of structural convergence. The surge in trading volume supports the potential for a breakout. ZEC spot trading volume climbed to $1.28 billion in 24 hours, nearly doubling from the previous day. In derivatives, futures trading volume soared to $5.5 billion, with open interest rising to $895 million, an increase of 21%. This simultaneous inflow of capital into both spot and futures usually indicates that traders are actively taking on risk, rather than passively closing positions.

The latest survey shows that the main reason Japanese investors are exiting the cryptocurrency market is not market volatility, but rather the complex and burdensome tax system. Financial platform 400F conducted a survey in November of 894 investors, revealing that among those who previously held crypto assets but have since exited, 22.2% cited "tax complexity" as their reason for leaving, a higher proportion than the 19.4% who considered "price volatility" to be the main factor. For investors who remain in the market, price volatility and tax challenges are nearly equally important. 61.4% of current holders view price volatility as the main challenge, while 60% say that tax filing is a key obstacle. In Japan, cryptocurrency gains are classified as "miscellaneous income" and can be taxed at rates up to 55%. Investors are also required to accurately record every transaction and convert it to yen, making the process daunting for many ordinary investors.

21Shares is accelerating the rollout of its spot XRP ETF. According to the latest filing submitted to the U.S. Securities and Exchange Commission (SEC), the issuer has made a fifth amendment to the S-1 document, completing key pre-listing adjustments and reducing the management fee from 0.50% to 0.30% to enhance market competitiveness. The ETF is currently expected to be listed on the CBOE BZX Exchange under the ticker symbol "TOXR," but is still awaiting final approval. The 21Shares XRP ETF will join an expanding lineup of XRP ETFs alongside institutions such as Canary, Grayscale, and Bitwise. As the total assets under management (AUM) of spot XRP ETFs approach $1 billion, market competition is intensifying. Bitwise, Franklin Templeton, and Grayscale have all introduced various management fee waivers, with Franklin Templeton’s XRPZ offering the lowest fee at just 0.19% and the longest waiver period. In comparison, 21Shares has yet to announce any fee waiver policy.

The price of Bitcoin has recently fallen to just below $90,000, approaching the overall cost basis of US Bitcoin ETFs, raising concerns in the market about support levels. According to Glassnode data, since February last year, continuous ETF buying has provided key support during multiple downturn cycles, enabling Bitcoin's price to rebound near the breakeven point. Historical data shows that since 2024, Bitcoin has experienced two deep corrections of more than 30%, occurring from March to August and from January to April 2025, both bottoming near the ETF cost basis. At that time, weekly net inflows into ETFs, as tracked by SoSoValue, were negative, which is quite similar to the current market situation.

According to Gate News Bot, on December 9, as reported by CoinMarketCap, as of press time, STABLE (Stable) is currently priced at $0.02, down 56.00% in 24 hours, with a 24-hour high of $0.05 and a low of $0.02. The 24-hour trading volume reached $221 million, and the current market capitalization is approximately $285 million. Recent important news about STABLE: 1️⃣ **Mainnet Launch and Rapid Ecosystem Deployment Drive Key Breakthroughs** The Stable mainnet officially launched on December 8 at 21:00 Beijing time, marking the transition of this Layer 1 blockchain, built for stablecoin payments, from the testing phase to full operation. The STABLE token is now open for claiming, providing users with the basic conditions to participate in the ecosystem. At the same time, the Gate Web3 Wallet web version has fully integrated the Stable mainnet, allowing users to switch networks, manage ecosystem assets, and interact with DApps with one click on the web. Caldera has also integrated Stable into its Metalayer technology, enabling users to access Stable services instantly from more than 100 blockchains, forming a multi-chain ecosystem framework with cross-chain integration.

Odaily Planet Daily reports that UXLINK CEO RollandSaf has released a security incident review report, providing a comprehensive explanation of the asset theft incident that occurred on September 22 and emphasizing that the incident was not caused by internal project team members. According to the report, the attacker posed as a business partner and used deepfake video conferences, among other methods, to compromise the personal devices of several SAFE key holders over the course of several months, stealing sensitive information such as passwords and private keys. Ultimately, the attacker gained control of the old arb-UXLINK smart contract. The hacker then illegally minted new tokens, transferred, and sold assets, with total losses exceeding $11 million. The incident occurred during Korea Blockchain Week, with several core members on-site. The team promptly reported the incident to exchanges, partner security agencies, and law enforcement agencies in multiple countries, confirming that the attack originated externally rather than internally. RollandS

The U.S. Department of Justice has announced that a key figure in a social engineering scam involving $263 million worth of Bitcoin has pleaded guilty. Evan Tangeman, a 22-year-old California resident, admitted in district court to participating in money laundering in violation of the Racketeer Influenced and Corrupt Organizations Act (RICO), involving more than $3.5 million. He is the ninth defendant to plead guilty in the case. The scam operated from October 2023 to May 2025, carried out by gang members distributed across various U.S. states and overseas. The group included hackers, organizers, target identifiers, telephone salespeople, and thieves who stole hardware wallets. Together, they stole approximately 4,100 Bitcoins, which were worth about $263 million at the time and are currently valued at around $371 million. The hackers breached websites to obtain cryptocurrency-related databases, target identifiers singled out high-value victims, and telephone salespeople induced victims to cooperate over the phone, making the entire scam operation highly sophisticated.

Ethereum (ETH) has regained upward momentum after several weeks of consolidation, with its price breaking out of the descending wedge formed from July to late November. Buyers stabilized the price in a key support area, providing a foundation for the technical structure, while significant institutional inflows have boosted market confidence, laying the groundwork for ETH's push toward $4,000. Currently, ETH is trading at around $3,201, with key resistance levels at $3,500 and $3,750. If the price breaks through $3,500 and holds, buyers may continue the rebound; a breakout above $3,750 could see ETH aim for $4,000. Technical indicators show bullish signals: the Parabolic SAR is below the candlesticks, the MACD line is above the signal line with a green histogram, indicating sustained buying pressure, and the price continues to set higher lows, supporting a medium- to long-term upward trend.

Gate News Bot message: On December 9, according to CoinMarketCap data, as of press time, POWER (Power Protocol) is currently trading at $0.30, up 43.22% in 24 hours, reaching a high of $0.32 and a low of $0.07. The 24-hour trading volume reached $90.7 million. The current market cap is about $62.9 million, an increase of $19 million from yesterday. # Recent key news about POWER: 1️⃣ **Rising attention in AI infrastructure sector** As an energy-related protocol, Power Protocol is at the core track of AI infrastructure development. With the expansion of AI service infrastructure such as cloud computing and data centers, energy supply and management have become key bottlenecks, driving the market’s focus on energy efficiency and distributed energy management sol

As stablecoin adoption accelerates globally, the potential growth of the Polygon ecosystem has become a market focus. However, despite the expansion of stablecoin infrastructure bringing more transaction scenarios to the network, Polygon’s native token MATIC still faces the dual pressure of sluggish trading volume and intensifying competition, with its price hovering around key support levels. Industry analysis indicates that the adoption rate of stablecoins in banks, fintech platforms, and enterprise ecosystems is rapidly increasing, and Polygon has gained an edge in this trend thanks to its low fees, high throughput, and wide integration with payment networks. Aishwary Gupta, Polygon’s Global Head of Payments and Real-World Assets, predicts that by 2030, more than 100,000 stablecoins could be issued worldwide, covering banks, enterprises, sovereign nations, and commercial networks. Stablecoins will become a key tool for closed-loop payments in enterprises, while banks may also issue on-chain deposit tokens to keep funds on their own balance sheets.

Solana's price remains strong amid market uncertainty, successfully holding a key support range for approximately 18 months. As traders bet on the Federal Reserve signaling an upcoming shift toward easing, Solana is benefiting from strengthened macro expectations, improved technical indicators, and continuous ecosystem expansion, leading to an increasingly optimistic overall market sentiment. Ahead of the upcoming FOMC meeting, the market widely expects the Federal Reserve to turn dovish due to a weakening labor market and cooling inflation. Historical data shows that accommodative policies typically boost liquidity and enhance the performance of risk assets. Cryptocurrencies—especially tokens like Solana, considered high-growth assets—often benefit significantly in such environments.

As Bitcoin enters a key time window in the second week of December, two analysts with vastly different backgrounds have given completely opposite predictions for its trend. One is legendary trader Peter Brandt, who has decades of experience, and the other is YoungHoon Kim, known as the “world’s highest IQ person” with an IQ of 276. Their disagreement highlights that even top intelligence or highly experienced experts can arrive at entirely different conclusions about the crypto market. Brandt believes that Bitcoin’s current rebound is merely a retest of an “expanding top formation.” He points out that this pattern usually signals waning upward momentum and that the price may drop significantly in the future. According to his technical analysis, Bitcoin could surge to $102,000 in the short term, but may then pull back to around $58,840. He has repeatedly warned that the current market has characteristics of a “dead cat bounce,” cautioning investors against excessive optimism.

The latest annual report from South Korea's Korbit Research Center predicts that Bitcoin will reach the $140,000 to $170,000 range in 2026. It highlights that the core drivers behind the price increase are US fiscal reforms, structural institutional demand, and a strong US dollar environment, rather than the traditional four-year halving cycle. The research team proposes a new macro-driven theory, emphasizing that improvements in US productivity and an expansion in capital expenditure have significantly enhanced Bitcoin’s impact. The report identifies “a strengthening US dollar, a potential gold pullback, and increased institutional allocation to Bitcoin” as the three key driving factors. ETFs and Digital Asset Treasuries (DATs) are rapidly absorbing market liquidity, and as of November 2025, the two combined will hold 11.7% of Bitcoin’s supply. The “One Big Bill” (OB3), expected to take effect in July 2025, will restore 100% bonus depreciation and immediate deduction of R&D expenses, potentially lowering the effective corporate tax rate to 10%-12%. Korbit believes this will attract overseas capital to the US and sustain the US dollar’s long-term strength.

This week, Bitcoin traders are facing a dense schedule of U.S. economic data and policy events, including the FOMC rate decision, a speech by Federal Reserve Chairman Powell, JOLTS job openings, and initial jobless claims—four key indicators. These data points will directly influence market sentiment and determine the next phase for Bitcoin. The FOMC rate decision is considered the most impactful event for the crypto market this week and will be announced on Wednesday. CME data currently shows the market expects an 87% probability of a rate cut. Easing policies are generally positive for Bitcoin. After experiencing volatility over the weekend, Bitcoin has remained stable above $90,000, indicating resilient buying interest. However, the market widely believes that the Fed’s forward guidance will have a greater impact than the rate cut itself.

PANews, December 8—AllScale has completed a seed round of financing of approximately $5 million, led by YZi Labs (EASY Residency S2), with participation from Informed Ventures and Generative Ventures, and has established an ecological partnership with BNB Chain. AllScale positions itself as a self-custodial stablecoin "neobank," targeting global micro-businesses and freelancers, offering stablecoin payment and receipt, invoicing and settlement tools, supporting account abstraction and LLM financial assistants. Its key features include a passkey wallet without mnemonic phrases and a multi-chain "paymaster" for gas-free, low-latency payments. The platform is already integrated with BNB.

Analysts predict that this week’s Federal Reserve meeting could become a key catalyst for a new round of Bitcoin gains. After Bitcoin broke above $92,000 on Monday, London Crypto Club analysts David Brickell and Chris Mills noted in a report that the Fed may inject more liquidity into the banking system on Wednesday, thereby boosting risk assets, including Bitcoin. The two analysts predict that the Fed will adopt a more dovish policy stance and expand its balance sheet through an implicit bond-buying program. They believe that, with interest rate cuts combined with liquidity expansion, “the money printer is restarting,” which will provide a strong structural boost for Bitcoin. They expect that in this policy environment, Bitcoin prices are likely to “rise significantly,” breaking out of the current range and heading for higher levels.

The Cardano ecosystem has undergone a key upgrade, with major CEXs officially supporting Midnight network’s native token NIGHT, drawing strong attention from the market. Following the announcement, ADA’s price surged over 4% within just a few hours, with trading volume rising sharply and overall market sentiment turning noticeably positive. On December 8, the exchange announced the listing of Midnight’s NIGHT token and stated that eligible users could claim an airdrop via Alpha points after trading opens on December 9. More details regarding asset support and trading pairs will be released gradually. According to Midnight’s official response, listing the NIGHT token on the platform will not only expand its user base but also promote the adoption of Web3 privacy technology and accelerate global acceptance of zero-knowledge privacy networks.