New on-chain data suggests Bitcoin miners are under pressure heading into year-end. source: https://ambcrypto.com/bitcoin-miners-face-growing-stress-as-reserves-drop-and-difficulty-remains-near-record-highs/

According to recent interviews, billionaire investor Ray Dalio has sharpened his caution about Bitcoin’s fit for official reserves while still recognizing its scarce nature. Related Reading: Before You Sell Bitcoin For Gold, Hear This Warning He said that Bitcoin carries money-like qualities because of its limited supply, but he drew a firm line over who should hold it on a balance sheet. Dalio said public transaction records and the risk of outside interference make it hard for reserve managers to treat Bitcoin the same way they treat gold. Dalio Flags Traceability Concerns Dalio warned that the open ledger that underpins Bitcoin creates vulnerabilities for large custodians source: https://www.newsbtc.com/news/bitcoin/bitcoin-may-stay-outside-central-bank-vaults-billionaire-says/

SOL's current market distress level was close to rivaling FTX-implosion era source: https://ambcrypto.com/upexi-seeks-1b-raise-to-scale-solana-dat-strategy-details/

Germany’s trade deficit with China is heading toward a record in 2025 as demand for German products keeps shrinking. Analysts tracking trade flows say the gap is widening fast and shows no sign of easing soon. If the trend holds, it could fuel protectionist pressure inside Europe’s largest economy at a time when political patience […] source: https://www.cryptopolitan.com/chinas-rising-exports-germany-widen-deficit/

Stablecoin issuer Circle released data on its X platform showing that the circulating supply of its euro stablecoin EURC has now exceeded 300 million, and market demand for euro stablecoins that meet MiCA standards, are fully reserved, and can be used globally is growing.

The Council of the European Union has formally backed the European Central Bank’s proposal to impose caps on individual holdings of a future digital euro, marking a key step forward in shaping the legal framework for the central bank digital currency. source: https://www.ethnews.com/eu-backs-digital-euro-holding-caps-to-protect-banking-stability/

Cardano just drew 69% of Binance's top traders to the long side as "new ADA" Midnight ripped to a $1. 25 billion valuation, turning the network's quiet December into its loudest comeback signal in months. source: https://u.today/69-of-all-binance-top-traders-are-long-cardano-amid-125-billion-success-of-new-ada

Bybit introduces a new $8M insurance fund system to reduce liquidations and ADL risk by over 200% across USDT perpetual contracts. source: https://coincu.com/news/bybit-launches-8m-fund/

Upexi, the US-listed Solana crypto treasury (DAT) company, plans to file for a $1 billion shelf registration with the US Securities and Exchange Commission (SEC) on Form S-3 to raise funds through various securities offerings. Upexi stated that this adjustment will improve the company's fundraising efficiency and reduce overall transaction costs through more flexible timing and pricing mechanisms, thereby supporting its Solana asset management strategy. Currently, the company holds approximately 2 million SOL tokens, making it the fourth-largest SOL holder among publicly traded companies. The potential proceeds can be used for various purposes, including working capital, research and development, and debt repayment. Once the registration statement becomes effective, the company will use the mechanism in accordance with management's judgment, provided it is beneficial to the adjusted value per Solana. (CoinDesk)

null source: https://x.com/reutersbiz/status/2003507265970819435

A South Korean man’s attempt to secure a lighter punishment for laundering funds through cryptocurrency has backfired dramatically, with an appeals court overturning his suspended sentence and sending him to prison for four years.

Trump Media & Technology Group bought 451 more Bitcoin, bringing its total holdings to 11,542 coins worth over $1 billion. The company is using Bitcoin as a long-term reserve and is expanding into crypto investments and related financial services.

Justin Sun has lost around $60 million after World Liberty Financial blacklisted his wallet, freezing his WLFI tokens following a $9 million transfer. The freeze has left him unable to access or trade his holdings, while the token’s price has dropped over 40% since September.

Web 3.0, Payments: From Beginning to Abandonment - Why I Stopped Doing Web3 Payments. Golden Finance: Remove the filters and see the true nature of payments.

What crypto moves will traditional giants like BlackRock, JPMorgan Chase, Visa, and Mastercard make in 2025?

Bybit will begin phasing out services for Japanese residents from 2026, as the country’s stringent regulatory framework continues to squeeze unregistered global crypto exchanges out of the market.

The real opportunity for reinforcement learning × Web3 lies not in replicating a decentralized version of OpenAI, but in rewriting "intelligent production relations".

In the year since the Trump administration took office, U.S. cryptocurrency policy has undergone a fundamental shift, with the core objective of integrating the cryptocurrency industry into the existing financial regulatory system and regulating it in the same way as traditional financial institutions.

Tencent has gained access to Nvidia’s banned Blackwell AI chips by using data centres in Japan and Australia, instead of bringing the hardware into China. The setup lets Tencent keep training advanced AI models while staying outside US export rules.

Financial Times has alleged that Binance had continued to allow suspicious crypto transactions to flow through its platform even after agreeing to tighten controls under its landmark $4.3 billion US criminal settlement.