According to BlockBeats, bipartisan U.S. senators held discussions on the CLARITY Act, a proposed cryptocurrency market structure legislation. Following the meeting, Senator Mark Warner indicated that completing the evaluation before the Christmas holiday is highly challenging. It now appears that the U.S. Senate Banking Committee is likely to postpone the review of the bill until the new year.

According to PANews, Russian President Vladimir Putin stated at the "Russia Calling!" investment forum on December 4 that the development of new payment tools is progressing naturally and is an unavoidable process. He emphasized that technologies like Bitcoin cannot be banned, nor can other electronic payment tools, as they represent new technological advancements. Regardless of what happens with the dollar, these tools will continue to evolve as everyone seeks to reduce costs and enhance reliability. Putin further noted that if the global usage of the dollar continues to decline, it would undermine the economic strength of the United States. He questioned the rationale behind accumulating foreign exchange reserves if they can be easily lost. Putin criticized the current U.S. administration for undermining the dollar's role as a global reserve currency by using it for political purposes, which is prompting many countries to turn to alternative assets, including cryptocurrencies.

According to PANews, ARK Invest CEO Cathie Wood has expressed optimism about Bitcoin's future, suggesting that institutional adoption could prevent significant price declines. In a recent interview on 'Mornings with Maria,' Wood stated that Bitcoin's role as a risk asset might disrupt its historical four-year boom-and-bust cycle, which previously saw price drops of 75% to 90%. She noted that Bitcoin's volatility is decreasing, with current declines around 30%. Despite Bitcoin's past role as a safe-haven asset during crises like the European sovereign debt crisis and the U.S. regional banking crisis, it is now exhibiting characteristics of a risk asset. Concerns persist about Bitcoin's cyclical pattern, but institutional involvement may mitigate further downturns. Wood suggested that Bitcoin's price may have bottomed out weeks ago. Over the past three months, Bitcoin has fallen by 20%, while gold prices have surged nearly 60% this year. Wood forecasts a potential reversal of this trend next year, with gold prices possibly declining and Bitcoin expected to rise. She remarked that gold currently acts as a safe-haven asset, reflecting widespread concerns as investors use it to hedge against geopolitical risks. Wood drew parallels to the period from the early 1980s to the late 1990s, when gold prices fell during a time of significant innovation, culminating in the internet era. She believes a similar scenario might unfold now, with Bitcoin continuing to thrive as a risk asset and regaining momentum.

On Dec 10, 2025, 01:31 AM(UTC). According to Binance Market Data, Ethereum has dropped below 3,300 USDT and is now trading at 3,296.659912 USDT, with a narrowed narrowed 5.96% increase in 24 hours.

On Dec 10, 2025, 01:15 AM(UTC). According to Binance Market Data, BNB has dropped below 890 USDT and is now trading at 889.809998 USDT, with a narrowed 0.48% decrease in 24 hours.

According to BlockBeats, Tajikistan has enacted amendments to its Criminal Code, introducing penalties for the illegal use of electricity in virtual asset and cryptocurrency mining. Offenders may face fines ranging from 15,000 to 75,000 somoni or imprisonment for 2 to 8 years. Previously, cryptocurrency activities in Tajikistan were neither legal nor illegal, existing in a regulatory gray area.

According to Odaily, U.S. Senators John Kennedy (Republican, Louisiana) and Jack Reed (Democrat, Rhode Island) have privately urged the Senate Banking Committee to hold a public hearing before proceeding with any markup of market structure legislation. The senators emphasized the significant impact of the proposed legislation and the need for transparent discussions. This request could potentially delay the advancement of the market structure bill, originally scheduled for mid-December.

According to Odaily, SlowMist founder Yu Jian has commented on recent claims that a significant proportion of Zcash transactions can be tracked, stating that this is not a new development. Zcash's privacy model has always featured an 'optional privacy' design, where z addresses offer strong privacy, while t addresses are transparent and traceable. Yu Jian highlighted that this design makes Zcash more acceptable in regulatory terms compared to Monero, which defaults to strong privacy. He noted that most mainstream platforms use Zcash addresses starting with t, indicating that the demand for strong privacy is limited, and platforms prioritize regulatory compliance. He further explained that in terms of privacy strength, Monero remains a more 'hardcore' privacy asset, but Zcash's design offers a better balance between privacy and regulation, potentially providing a broader path. Yu Jian also provided an analogy: Bitcoin is akin to HTTP, Zcash is similar to the coexistence of HTTP/HTTPS, and Monero is like pure HTTPS.

According to ChainCatcher, Arkham data reveals that at 08:12 UTC+8, a total of 158,531,227.878231 ENA tokens were transferred from Ethena to an anonymous address starting with 0xB805.

According to BlockBeats, SEC Chairman Paul Atkins stated at the Blockchain Association's annual policy summit that various types of Initial Coin Offerings (ICOs) should be considered non-securities transactions and thus fall outside the SEC's regulatory scope. Atkins referenced his recently introduced token classification framework, which divides the cryptocurrency industry into four main token categories. He emphasized that network tokens, digital collectibles, and digital utilities should not be classified as securities, and their related ICOs should also be viewed as non-securities transactions. Atkins highlighted that the only ICO category the SEC should regulate is tokenized securities, which involve the tokenization of securities already under SEC regulation.

According to ChainCatcher, on-chain analyst Yu Jin has observed significant movements in Ethereum (ETH) trading. Following a recent increase in ETH prices, trader Huang Licheng, also known as Machi, has seen a floating profit of $1.35 million. Earlier, Machi experienced a liquidation after profits were wiped out. Machi's trading strategy involved opening long positions on ETH, starting on the 2nd at $2,840. By the 4th, he had achieved a profit of $2.84 million. However, a minor market correction on the 6th resulted in the loss of these gains and subsequent liquidation. The latest rebound in ETH prices has once again placed his position in a profitable state, with a floating profit of $1.35 million.

On Dec 09, 2025, 23:51 PM(UTC). According to Binance Market Data, BNB has dropped below 900 USDT and is now trading at 899.409973 USDT, with a narrowed narrowed 0.17% increase in 24 hours.

According to PANews, U.S. President Donald Trump is set to commence the final round of interviews for candidates vying for the position of Federal Reserve Chair this week, as reported by the Financial Times.

According to PANews, AI DeFi platform Debot has reported signs of a security attack at its data center in Japan. The platform is currently investigating the cause, and user assets remain unaffected. As a precautionary measure, funds from the Japan data center have been transferred to Debot's secure wallet in Singapore, which operates in a fully isolated environment for enhanced security and stability. All functionalities are operational, and commission relationships remain intact. Until the official investigation results are released, users are advised against using the old wallet. It is recommended to sell or transfer tokens purchased in the old wallet to the newly created Debot wallet. The new secure wallet can be accessed from the user's wallet list, allowing for normal transactions.

According to Cointelegraph, Digital Asset and several financial institutions have successfully completed a second round of onchain US Treasury financing on the Canton Network. This initiative introduces real-time collateral reuse and expands the involvement of stablecoins in the process. Building on a pilot conducted in July, the latest phase involved five transactions that demonstrated the integration of US Treasurys and the USDC stablecoin for blockchain-based financing and settlement. In this recent trial, multiple stablecoins were utilized to finance positions against tokenized US Treasurys, thereby increasing the onchain liquidity available for such transactions. The trial highlighted the capability of tokenized US Treasurys to be transferred between counterparties and reused as collateral in real-time, effectively bypassing the operational delays typically associated with rehypothecation in traditional finance. The effort was a collaboration among Bank of America, Citadel Securities, Cumberland DRW, Virtu Financial, Société Générale, Tradeweb, Circle, Brale, and M1X Global, all part of the Canton Network’s Industry Working Group. Kelly Mathieson, chief business development officer at Digital Asset, the company behind the Canton Network, stated that the test represents a "thoughtful progression toward a new market model." Justin Peterson, chief technology officer of Tradeweb, emphasized that the demonstration of real-time collateral reuse and expanded stablecoin liquidity is not merely a technical achievement but a blueprint for the future of institutional finance. The Canton Network, a layer-1 blockchain designed for institutional finance, has been expanding its footprint in the tokenization sector throughout the year. On December 4, its developer Digital Asset secured approximately $50 million in strategic backing from BNY, iCapital, Nasdaq, and S&P Global. This new funding follows a $135 million raise earlier in the year and aims to support the network’s scaling efforts. In October, asset manager Franklin Templeton announced plans to migrate its Benji Investments platform, which tokenizes shares of its flagship US money market fund, to the Canton Network. Data from RWA.xyz indicates that the Canton Network now leads the market for tokenized real-world assets, with over $370 billion represented onchain. This positions it significantly ahead of popular networks such as Ethereum, Polygon, Solana, and other public chains.

According to Cointelegraph, Tidal Trust has submitted a regulatory filing to the U.S. Securities and Exchange Commission (SEC) proposing the listing and trading of an exchange-traded fund (ETF) that will hold Bitcoin during off-market hours. On Tuesday, Tidal Trust II filed a Form N-1A registration statement to incorporate two Nicholas Wealth Management ETFs linked to Bitcoin (BTC) into its existing fund lineup. The proposed ETFs, including the Nicholas Bitcoin and Treasuries AfterDark ETF, are designed to purchase BTC at the start of U.S. market trading hours and sell it at closing, effectively holding the cryptocurrency overnight. The SEC filing detailed that when utilizing Bitcoin Futures, the fund trades these instruments during U.S. overnight hours and closes them shortly after the market opens each day. Similarly, when using Bitcoin Underlying Funds, the fund buys securities at market close and sells them around market open, capturing any market movement during overnight hours. The asset management company outlined that the ETF would allocate its assets to U.S. Treasuries, money market funds, and other cash equivalents during daytime hours. This investment strategy aims to provide traders with indirect exposure to Bitcoin while potentially mitigating price volatility. ETF analyst Eric Balchunas commented on the filing, noting that most gains occur after hours, suggesting that the Bitcoin AfterDark ETF could yield better returns. While the filing represents a significant step, it does not guarantee SEC approval and may undergo changes. The SEC has previously approved various crypto-tied investment vehicles, including Bitcoin and Ether (ETH) futures ETFs, spot digital asset ETFs, and staked crypto ETFs. In November, spot Bitcoin ETFs listed on U.S. exchanges experienced record outflows, with approximately $4 billion withdrawn. Leading the redemptions were BlackRock’s iShares Bitcoin Trust and Fidelity’s Wise Origin Bitcoin Fund, two of the largest ETFs in the market.

According to Cointelegraph, CryptoUK, a prominent cryptocurrency trade association in the United Kingdom, has announced its decision to join forces with The Digital Chamber, a U.S.-based crypto policy advocacy group. This collaboration is seen as a potential milestone in fostering cross-border cooperation on digital asset regulation between the two nations. In a statement released on Tuesday, CryptoUK revealed that its team would operate under The Digital Chamber’s umbrella, forming a "unified, cross-border advocacy platform." Both organizations have been actively promoting favorable policies for the cryptocurrency and blockchain sectors in their respective countries, with The Digital Chamber established in 2014 and CryptoUK in 2018. Su Carpenter, the executive director of CryptoUK, emphasized the association's commitment to policy-driven initiatives, member collaboration, and regulatory engagement. The partnership emerges as U.S. lawmakers are progressing in negotiations to pass a digital asset market structure bill, aiming to provide regulatory clarity for the industry. Meanwhile, UK policymakers have announced intentions to collaborate with their U.S. counterparts to explore crypto laws and regulations. In the United States, crypto advocacy groups like The Digital Chamber have gained support from former regulators and members of Congress, as the Trump administration directs policies toward the industry. Notable organizations in this space include the Solana Policy Institute, the Blockchain Association, the Crypto Council for Innovation, and the American Innovation Project. In a related development, the Bank of England has taken a significant step forward regarding stablecoins. On November 10, the central bank released a consultation paper proposing a framework for "sterling-denominated systemic stablecoins." This initiative is perceived as the UK’s effort to align with the U.S., where the government enacted a law regulating payment stablecoins in July. Sarah Breeden, Deputy Governor of the Bank of England, indicated prior to the paper's publication that the central bank's actions were in response to the U.S. advancing stablecoin policies, highlighting the importance of synchronized regulations.

According to ChainCatcher, the Federal Reserve has conducted fixed-rate reverse repurchase operations, accepting a total of $321.1 billion from 10 counterparties. This move is part of the central bank's ongoing efforts to manage liquidity in the financial system.

According to BlockBeats, data from CME's FedWatch indicates an 89.6% probability that the Federal Reserve will cut interest rates by 25 basis points in December. The likelihood of maintaining the current rates stands at 10.4%.

On Dec 09, 2025, 16:41 PM(UTC). According to Binance Market Data, Bitcoin has crossed the 94,000 USDT benchmark and is now trading at 94,030.242188 USDT, with a narrowed 4.04% increase in 24 hours.