According to BlockBeats, U.S. stock index futures experienced a downturn, with Nasdaq 100 futures falling by 0.3%. This decline marks a notable shift in market activity, reflecting broader economic uncertainties.

According to BlockBeats, Indonesia Blockchain Week 2025 was held at the Jakarta International Convention Center, focusing on 'AI, Blockchain, and Tokenization Solutions.' The event attracted over 5,000 participants from various sectors, including industry, investment, finance, and regulation. During the conference, TRON founder Justin Sun delivered a video speech, presenting the latest data on the TRON network. He reported that the network has over 350 million users, with an average daily transaction volume exceeding 10 million and more than 3 million daily active users. Additionally, TRON's protocol revenue has approached $1 billion per quarter over the past two quarters. Sun also noted that the community has approved a proposal to reduce energy fees by approximately 60%. In terms of ecosystem development, Sun highlighted the growth of stablecoins and DeFi applications, as well as efforts to combat illegal activities on the network. He mentioned that the T3 FCU initiative, launched by TRON, Tether, and TRM Labs, has frozen over $300 million in assets related to illegal activities within less than a year.

According to the announcement from Binance, the platform is launching the Spot Altcoin Trading Festival, offering users the chance to win from a prize pool of 4,270,000 XPL in token vouchers. The promotion period is set from 2025-12-10 11:00 (UTC) to 2025-12-19 11:00 (UTC). The festival includes two main tournaments: the Trading Volume Tournament and the Spot Grid Bot Trading Volume Tournament. Verified regular users and Binance VIP users are eligible to participate, while liquidity providers and Binance Brokers are excluded. The Trading Volume Tournament requires participants to trade a cumulative amount of at least 1,000 USD equivalent in eligible pairs, including BNB/USDT, CAKE/USDT, LINK/USDT, ASTER/USDT, and XPL/USDT. Rewards are distributed based on rankings, with the top five participants receiving between 2% and 10% of the total reward pool. Participants ranked 6th to 20th share 20%, those ranked 21st to 50th share 16%, and all remaining eligible participants share 34%, capped at 1,250 XPL per user. The Spot Grid Bot Trading Volume Tournament requires users to create a grid strategy with a minimum of 100 USD and achieve at least 200 USD in Spot Grid trading volume in eligible pairs. Rewards are calculated based on the participant's trading volume relative to the total trading volume of all eligible participants, with a cap of 650 XPL per user. Token vouchers will be distributed by 2025-12-31 and must be redeemed within 21 days. Binance reserves the right to amend the terms and conditions of the promotion, including eligibility criteria and reward distribution, at its discretion.

According to PANews, Hong Kong's Cyberport Blockchain and Digital Asset Director, Li Yizheng, announced that the initial phase of the 'Blockchain and Digital Asset Pilot Funding Program' has exceeded expectations with over 200 applications received. The applications span various sectors including RWA tokenization, stablecoins and payment solutions, Web3.0 security, and risk management. Currently, nine companies have been shortlisted, comprising five from the RWA sector, one from the payment sector, two from the security sector, and one from the smart living sector.

Following its merger with Cantor Equity Partners, Twenty One Capital began trading on the New York Stock Exchange (NYSE) under the ticker symbol XXI. The company holds over 43,000 BTC on its balance sheet, worth nearly $4 billion, making it one of the world's largest publicly traded Bitcoin holders. However, its first day of trading was lackluster, with XXI's share price hovering around $11, below the nearly $14 closing price of Cantor Equity Partners before the merger. XXI's debut follows the pattern of other Bitcoin treasury IPOs this year, which tend to trade below their pre-merger benchmark price as Bitcoin prices remain below their highs and the sector's premium continues to narrow. Twenty One Capital is backed by minority stakes in Tether, Bitfinex, and SoftBank, and management plans to build financial infrastructure and educational products around Bitcoin. Observers suggest that companies with a large Bitcoin holding on their balance sheets are facing shrinking premiums as the market increasingly favors clearer operating models.

Recommended reading tonight: 1. Multicoin: Stablecoins and Fintech 4.0; 2. Why are crypto giants like Binance, Tether, and Circle flocking to Abu Dhabi?; 3. Four reasons to be bearish on US stocks in 2026.

According to Foresight News, the cryptocurrency mining company American Bitcoin, backed by the Trump family, announced a significant increase in its Bitcoin reserves. Since December 2, the company has added approximately 416 Bitcoins, bringing its total reserves to 4,783 Bitcoins as of December 8.

According to BlockBeats, GameStop, a publicly traded company, invested $500 million in Bitcoin earlier this year, leading to significant financial fluctuations. The company's third-quarter financial report, released on Tuesday, revealed that the Bitcoin holdings had a book value of approximately $519 million at the end of September, resulting in over $19 million in unrealized profits. However, by the end of the second quarter, the value of these holdings had risen to $528 million, only to record an unrealized loss of $9.4 million due to a price decline. During the third quarter, GameStop neither increased nor sold any of its Bitcoin holdings. In 2025, Bitcoin reached new highs driven by U.S. crypto-friendly policies. Yet, a sharp drop on October 10 led to a 30% decrease from the year's peak, causing industry-wide disruptions. The crash resulted in the forced liquidation of approximately $19 billion in leveraged crypto positions, putting pressure on several publicly traded companies that had benefited from the bull market. Besides GameStop, non-crypto companies have also made significant Bitcoin purchases this year, including Japanese hotel operator MetaPlanet and Trump Media & Technology Group, owned by U.S. President Donald Trump. This trend was influenced by Trump's executive orders to enhance the strategic role of crypto assets within his administration and promote a "light regulation" framework. As the market weakens, these companies are facing serious financial challenges.

According to Lookonchain, BlackRock has just deposited 2,196 bitcoins, worth $202.76 million, into Coinbase Prime.

According to the announcement from Binance, the platform is set to enhance trading experiences with the introduction of Take Profit (TP) and Stop Loss (SL) orders for its Instant Order feature on Binance Convert. This new functionality aims to provide users with advanced risk management tools, enabling them to automatically secure profits and limit potential losses on their Convert trades. The key highlights of this update include automated risk control, allowing users to seamlessly integrate TP and SL orders with their Convert Instant Orders. Traders can set predefined price triggers to manage trades efficiently without the need for constant market monitoring. Additionally, the update offers flexible and dynamic adjustments, benefiting from dynamic price validation against real-time market data. Users can easily modify their TP/SL prices even after an order has been placed, providing greater control over their trading strategy. Furthermore, Binance ensures seamless order management by allowing users to create, edit, and cancel TP/SL orders directly within the Binance Convert interface. Traders can stay informed with real-time status updates and receive email notifications for any changes to their orders. This development is expected to significantly improve the trading experience on Binance Convert, offering users more control and efficiency in managing their trades.

According to ChainCatcher, the yield on the 10-year U. S. Treasury note has risen to 4. 209%, marking its highest level since early September source: https://www.binance.com/en/square/post/33523942033633?utm_source=BinanceNewsRSS

This article will share perspectives from the infrastructure, growth, bio + health, and Speedrun teams.

Wall Street finally "shows its hand": issuing a 13-page "declaration of war" to monopolize the "on-chain rights" of trillions of US stocks. Golden Finance, TradFi: The old money on Wall Street has finally stopped pretending.

Investors need to pay close attention to the high valuations of US stocks, their divergence from fundamentals, and their over-reliance on AI. If the results of AI applications fall short of expectations, a significant correction is likely next year.

Binance founder CZ gave a group interview at Binance Blockchain Week 2025 held in Dubai on December 3–4.

Stablecoins do not simply add software on top of the banking system; they directly replace key banking functions.

A new mobile game, Trump Billionaires Club, is set to launch on 30 December, letting players earn rewards using the TRUMP memecoin. The game mixes board game mechanics with optional crypto features and pre-launch airdrops to engage early users.

On December 6, the Hong Kong government released a new public consultation document on the implementation of the Crypto Asset Reporting Framework (CARF) and the revision of the Common Reporting Standard (CRS).

Upbit lost around $31 million when hackers stole funds from its Solana hot wallet. The exchange moved nearly all customer assets offline into cold storage and will fully cover the losses from its own reserves.

This study explores the forces driving the current market, the obstacles hindering it, and its possible future direction.