According to Onchain Lens, a newly created wallet (0x9a9...0bb5) that may belong to Bitmine received 48,049 ETH from FalconX, worth $141.78 million.

Trump announced on social media that he will deliver a prime-time address to the nation at 10:00 AM Beijing time on Thursday. This speech comes at a crucial moment as Trump's first year back in the White House draws to a close, with his approval ratings declining and the economy facing headwinds. Over the past year, Trump has focused on reshaping the relationship between the US economy and national security. He has imposed tariffs on trading partners and key industries, and clashed sharply with allies over issues such as defense spending, immigration, and the Russia-Ukraine conflict. Domestically, he has continuously tested the boundaries of executive power, pushing for federal government restructuring, large-scale deportations of undocumented immigrants, and tightening legal entry channels. This speech provides Trump with a platform to highlight his achievements and outline priorities for the coming year, as the Republican Party strives to retain control of Congress in the November midterm elections. Midterm elections typically result in a decrease in seats for the president's party in Congress. The White House revealed that Trump will address his historic achievements, discuss the future outlook, and may preview new year policies. (Jinshi)

Sources familiar with the matter revealed that Trump will interview current Federal Reserve Governor Waller on Wednesday to discuss his nomination for Federal Reserve Chair. Trump interviewed former Fed Governor Kevin Warsh last week. Trump stated that Warsh and Hassett are currently his two preferred candidates. This year, Warsh has become a leading voice within the Fed advocating for interest rate cuts. At the Fed's July meeting where interest rates were kept unchanged, Warsh voted against a rate cut. Warsh is the most favored candidate for Fed Chair among economists and is highly regarded on Wall Street. His arguments on rate cuts this year are considered logically clear, consistent, and that he is capable of bridging the widening divisions within the Fed. Several of his rate-cutting arguments have been adopted by current Chairman Powell. Warsh will speak on the economic outlook Wednesday evening Beijing time. (Jinshi)

According to PANews, Vetle Lunde, Head of Research at K33, suggests that Bitcoin might benefit from portfolio adjustments by asset managers as the year-end approaches. This comes after Bitcoin's performance this quarter lagged behind other asset classes. Earlier this year, Bitcoin underperformed the S&P 500 in the first quarter but began to rise in the second quarter. Conversely, when Bitcoin outperformed stocks in the second quarter, it saw a decline at the start of the third quarter. So far, Bitcoin's performance in the fourth quarter has lagged behind the S&P 500 by up to 26%, indicating a significant rebalancing may be imminent. Lunde notes that fund managers with established Bitcoin allocation targets might adjust their positions before the year ends, potentially leading to substantial capital inflows during the last trading days of this year and early January next year. Despite stable prices, market participants remain hesitant to take on new risks. Trading activity in derivatives on the Chicago Mercantile Exchange (CME) is near annual lows, with Bitcoin futures open interest around 124,000 contracts. The funding rates in the perpetual contracts market are close to neutral, with little change in open interest, indicating a lack of short-term directional confidence. Last week, spot cryptocurrency trading volume decreased by 12%, further confirming low trader participation as the year-end approaches.

According to Odaily, Michael Saylor recently shared his views on the X platform regarding the implications of quantum computing for Bitcoin. He stated that quantum computing will not undermine Bitcoin; instead, it will enhance its security. Saylor highlighted that network upgrades and active Bitcoin migration contribute to this increased security, while lost Bitcoins remain frozen. As a result, Bitcoin's security is strengthened, and its supply is reduced, making it more robust.

According to Cointelegraph, the Bank of Canada has announced its intention to approve only high-quality stablecoins that are tied to central bank currencies. This move is part of the country's forthcoming stablecoin regulations, which are anticipated to be implemented by 2026. Governor Tiff Macklem emphasized the importance of stablecoins serving as "good money," comparable to bank notes or bank deposits. Speaking at the Montreal Chamber of Commerce, Macklem stated that stablecoins should maintain a one-to-one peg to fiat currencies and be backed by high-quality liquid assets, such as Treasury bills and government bonds, to ensure they can be easily converted into cash. Canada's approach to stablecoin regulation follows the release of its extensive 2025 budget report in early November. The report outlines requirements for stablecoin issuers to hold adequate reserves, establish redemption policies, and implement risk management frameworks to protect personal and financial data. Macklem highlighted the goal of enabling Canadians to safely leverage the innovation of stablecoins. This regulatory momentum in Canada gained traction after the United States passed the GENIUS Act in mid-July, which is regarded as one of the most comprehensive stablecoin frameworks to date. Other countries, including the UK and Hong Kong, have also advanced their stablecoin regulations in recent months. The stablecoin market is currently valued at $313.6 billion, with projections from the US Treasury in April suggesting it could reach $2 trillion by 2028. In addition to stablecoin regulations, Canada is developing a "Real-Time Rail" payments system to facilitate instant settlements between businesses and consumers. An open banking framework is also being established to allow easier bank switching for individuals. Despite these advancements, Canada decided against issuing a central bank digital currency in September 2024, with Macklem citing a lack of a compelling case for its introduction. The country's efforts to modernize its financial system aim to make digital transactions faster, cheaper, and more secure for its population of over 40 million people.

Michael Saylor published an article on the X platform stating that Bitcoin's quantum leap will not destroy Bitcoin, but rather enhance its security. Network upgrades, active Bitcoin migrations, and the freezing of lost Bitcoins all contribute to increased security, reduced supply, and ultimately, a stronger Bitcoin.

MetaX raised $585. 8 million in its IPO, which was oversubscribed 2,986 times. source: https://www.cryptopolitan.com/metax-debut-set-to-ignite-chinese-chip-rally/

Canada’s central bank will approve only fiat-backed, high-quality stablecoins to ensure they are “good money” as part of the country’s plan to modernize its financial system. source: https://cointelegraph.com/news/canada-reveals-standard-good-money-stablecoins?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Why VIRTUAL prices could reverse despite dropping more than 10% in a single day. source: https://ambcrypto.com/virtual-falls-10-can-bulls-defend-the-0-70-level/

Jinse Finance launches its cryptocurrency and blockchain industry daily news bulletin, "Jinse 8 AM," issue 2911, providing you with the latest and fastest news on the digital currency and blockchain industry.

RWA, RWA's sudden popularity: opportunity or scam? Golden Finance, why did RWA suddenly become so popular?

Since the birth of cryptocurrencies, privacy coins have been a major sector. If a one-stop integrated application combining privacy and Web3 social features can be achieved, it will undoubtedly possess the potential to become a killer product in the crypto industry.

Recommended reading tonight: 1. Looking back at 2025: What progress has been made in global crypto regulatory policies?; 2. The crypto bull market will continue in 2026; 3. Bitwise's 2026 prediction: Bitcoin will break its four-year cycle and reach a new all-time high;

MetaMask, the world-renowned crypto wallet initially built for Ethereum, has officially added Bitcoin support, nearly ten months after first hinting at the integration.

x402 Protocol, The Economic Order of Machines: The Full-Stack Path of Intelligent Agent Commerce (Jinse Finance), From Protocol Stack to Payment Ecosystem: Agent Investment Map.

HashKey Holdings raised HK$1.6 billion in its IPO, pricing shares near the top of the marketed range despite crypto market volatility. The offering attracted strong demand from institutional and retail investors, highlighting confidence in the company’s regulated crypto platform.

The sentencing of Samourai Wallet developer Keonne Rodriguez has become a defining moment in the escalating battle between crypto privacy advocates and U.S. regulators—and now, President Donald Trump’s suggestion of a potential pardon could mark a rare turning point for the industry.

PayPal applied for a U.S. bank charter to offer direct loans to small businesses and interest-bearing savings accounts. The company also filed with the FDIC to ensure deposits would be federally insured.

Conservative estimates suggest that approximately 2 billion crypto assets are withdrawn from circulation each year due to a lack of heirs.