The U.S. Securities and Exchange Commission (SEC) has issued a "No Action Letter" (NAL) for the ENERGY token of the blockchain energy project Fuse Energy, clearing key regulatory hurdles for its token issuance. This marks the second time the SEC has provided such an exemption for a DePIN (Decentralized Physical Infrastructure Network) project in a short period, indicating that this sector demonstrates unique advantages in regulatory compliance. Meanwhile, Fuse, as a UK energy tech startup, is experiencing rapid business growth and is currently raising a new round of financing at a valuation of up to $5 billion, a fivefold increase from four months ago. This case perfectly illustrates how "Blockchain + Physical Industry" projects can simultaneously gain regulatory recognition and attract traditional capital.

Due to the sluggish global trading financial markets, Bitcoin spot investors have failed to provide the necessary volume. Last week, the price of Bitcoin briefly soared to around $93,300, but fell below $85,000 at the beginning of this week. Binance's "Bitcoin to stablecoin reserve ratio" has fallen to its lowest level since 2018, with a large influx of stablecoins into the market ready to buy coins, but spot buyers are hesitant and may remain in a sideways pattern ahead of the Federal Reserve (FED) FOMC meeting.

Pudgy Penguins (PENGU), once one of the leading memecoins in the market, is currently facing a sell-off as investors collectively exit their positions. In just the past 24 hours, strong selling pressure has caused the price of PENGU to drop by approximately 12%, with the transaction level recorded at the time of the announcement.

Dogecoin is nearing the apex of a pennant pattern, trading around $0.14. Market activity shows rising DeFi engagement and moderate trading volume, with recent total value locked at $13 million. The market remains compressive, hinting at a potential breakout.

The second largest asset management giant in the United States, Vanguard, unexpectedly reversed its policy and will allow its 50 million clients to trade Crypto Assets ETFs, breaking its previous strong rejection of Crypto Assets. Although the new CEO Salim Ramji claimed in August that they would not launch Crypto products, the ongoing demand from both retail and institutional clients ultimately swayed the determination of this financial giant. (Background: The new CEO of Vanguard dampens expectations: will not offer Bitcoin ETFs or Crypto trading services) (Additional background: JPMorgan will accept Bitcoin and Ether as collateral for institutional loans, ushering in a new era on Wall Street) Vanguard's reversal is indeed unpredictable; this financial empire, managing $11 trillion in global assets and serving over 50 million clients, had previously scoffed at Bitcoin ETFs. Former CEO Tim.

According to Deep Tide TechFlow news on December 2, based on SoSoValue data, yesterday (Eastern Time, December 1), Solana Spot ETF had a total net outflow of 13.55 million USD. Yesterday (Eastern Time, December 1), the SOL Spot ETF with the highest net inflow in a single day was Bitwise SOL ETF BSOL, with a net inflow of 17.18 million USD. Currently, the historical total net inflow of BSOL has reached 545 million USD. Secondly, the Grayscale SOL ETF GSOL had a net inflow of 1.82 million USD in a single day, and the total historical net inflow of GSOL currently stands at 79.64 million USD. 21Shares SOL ETF

Written by: Zhang Yaqi Source: Wall Street Watch Currently, every major country on Earth is mired in a debt quagmire, raising the century-old question of "If everyone is in debt, then who is lending?" Recently, former Greek Finance Minister Yanis Varoufakis delved into this complex and fragile global debt system in a podcast, warning that the system is facing unprecedented risks of collapse. Yanis Varoufakis stated that the creditors of government debt are far from outsiders, but rather an internal closed-loop system within the state. Taking the United States as an example, the government's largest creditors are the Federal Reserve and internal government trust funds such as Social Security. The deeper secret is that ordinary citizens hold a significant amount of government bonds through their pensions and savings, making them the largest creditors. For foreign countries, such as Japan, purchasing U.S. Treasury bonds is a tool for recycling trade surpluses and maintaining the stability of their own currency. Therefore, in

Robert Kiyosaki warns of a global financial collapse called the "30-year bubble," citing Japan's end of the "carry trade." He advocates for investing in hard assets like Bitcoin and energy resources as protection against economic instability.

In the context of a deep pullback in the crypto assets market, the traditional finance sector presents a stark contrast. Data from asset management company CoinShares shows that global crypto assets investment products (ETP/ETF) recorded a net inflow of $1.07 billion last week, ending a previous trend of net outflows totaling $5.7 billion over four consecutive weeks. Meanwhile, the world's second-largest asset management giant, Vanguard, announced a historic policy shift, allowing its more than 50 million brokerage clients to trade compliant ETFs and mutual funds of mainstream crypto assets like Bitcoin, Ethereum, XRP, and Solana starting this Tuesday. These two signals indicate that, despite short-term price pressure, institutional demand for long-term allocation to crypto assets and infrastructure acceptance is advancing with an irreversible momentum.

The world's second-largest asset management company Vanguard has made a significant shift in attitude, announcing this week that it will allow customers to trade ETFs and mutual funds holding Bitcoin, Ethereum, Solana, XRP, and other crypto assets on its platform after years of rejecting cryptocurrencies. This change not only reflects a further softening of conservative attitudes towards crypto assets but also symbolizes the massive influx of mainstream capital that will accelerate into the market. From Rejection to Compromise: Why Did Vanguard Suddenly Change? According to a report by Bloomberg, due to strong demand from its retail and institutional clients, asset management giant Vanguard has had to re-evaluate its policies and compromise by allowing customers to hold and trade Crypto Assets ETFs and mutual funds in the market. Crypto journalist Eleanor Terrett mentioned back in September that internal discussions about reform directions had already begun within the company: Cryptocurrency

The unlocking of 190 million Tokens in December brought a significant supply event, affecting the price of Pi Network. Today's market big dump led to a decline in the prices of major assets, and the price of Pi Network also fell accordingly, with panic sentiment spreading in the market. The price of Pi coin dropped nearly 10%, then rebounded to a more solid support level, temporarily reporting at $0.233 on December 2.

Bitcoin is increasingly seen as the new dominant asset of the 21st century — a form of "digital gold" with a limited supply and superior inflation resistance compared to all current fiat currencies. The rise of Bitcoin is not coincidental, but tied to deep fractures in the global monetary system.