According to Cointelegraph, Ethereum co-founder Vitalik Buterin has proposed the creation of an onchain futures market for gas fees, aiming to provide users with certainty over transaction costs as the network's adoption grows. In a post on X, Buterin emphasized the need for a "good trustless onchain gas futures market," responding to inquiries about the reliability of low gas fees through current price reduction strategies in Ethereum's roadmap. Buterin suggested that one solution to address fee uncertainty is to allow users to lock in prices for specific future periods. He highlighted the potential for a market focused on Ethereum Base fees, which are integral to overall gas fees. In traditional futures markets, contracts are offered to buy or sell assets at a predetermined future price, enabling speculation on price changes and risk hedging. Similarly, an Ethereum gas futures market would offer set prices for future time windows, potentially allowing network users to save on future price spikes. A well-established futures market could serve as a crucial metric for the ecosystem, facilitating speculation, planning, and development. "An onchain gas futures market would help solve this: people would get a clear signal of people’s expectations of future gas fees, and would even be able to hedge against future gas prices, effectively prepaying for any specific quantity of gas in a specific time interval," Buterin stated. Such a prediction market would be invaluable for users with high network volume, including traders, builders, applications, and institutions, who need certainty in projecting operational costs. The proposal comes amid declining Ethereum gas fees throughout 2025. Currently, average gas fees for basic transactions are approximately 0.474 gwei, or $0.01, according to Etherscan data. However, more complex transactions like token swaps, NFT sales, and asset bridging have average costs of around $0.16, $0.27, and $0.05, respectively. Despite the overall decline in Ethereum transaction fees in 2025, average costs have experienced significant fluctuations, with spikes and crashes. Data from Ycharts indicates that the average fee began the year at $1, dropping to $0.30, with surges up to $2.60 and dips as low as $0.18.

According to ChainCatcher, Securitize co-founder and CEO Carlos Domingo has highlighted that accessibility is not the sole driver behind the wave of asset tokenization. Contrary to the belief that tokenization could enhance the liquidity of traditionally illiquid assets, Domingo points out that digital assets, whether they represent equity in apartment buildings or tokenized Pokémon cards, inherit the liquidity limitations of their physical counterparts. This implies that selling these assets quickly without incurring significant losses may be challenging. Domingo further noted that as tokenization technology evolves, this dynamic might eventually change. However, the current focus remains on assets that can enhance existing liquidity, such as cash and U.S. Treasury bonds. The trend is moving away from illiquid markets, with the most successful tokenized assets being those like the U.S. dollar, as evidenced by the growth of stablecoins.

The x402 protocol, as a major narrative in AI Agent payments, has become a highly sought-after commodity.

Matter Labs will wind down an early version of ZK rollup next year as it steers steering users to newer systems. source: https://decrypt.co/351386/zksync-retire-original-ethereum-rollup-next-year

SEC Chair Paul Atkins outlines tokenization shift within couple of years in U. S. markets. source: https://coincu.com/news/sec-market-tokenization-shift/

SEC's Paul Atkins anticipates tokenization as a key market feature, shaping U. S. economic shifts. Detailed insights here. source: https://coincu.com/news/sec-market-tokenization-future-talks/

According to BlockBeats, there is speculation that the Bank of Japan may raise interest rates this month, yet market participants continue to bet on the yen's weakness. Traders from Bank of America, Nomura Holdings, and RBC Capital Markets indicate that investor positions reflect this sentiment. Citigroup's "pain index" for the yen remains in negative territory, highlighting ongoing negative sentiment towards the currency. Despite Bank of Japan Governor Kazuo Ueda hinting at a possible rate hike and reports suggesting the central bank is prepared to act if the economy or financial markets remain stable, investors maintain a bearish outlook on the yen. This is attributed to the expectation that Japan's yields will remain significantly lower than those in the U.S., favoring the dollar. Ivan Stamenkovic, Head of G-10 Currency Trading for Asia-Pacific at Bank of America, stated, "Positions still favor a rise in USD/JPY by year-end unless the Bank of Japan delivers a genuine surprise." He added that Ueda's hawkish remarks have sparked discussions about the currency pair, but there has been no substantial shift in market sentiment.

According to ChainCatcher, French President Emmanuel Macron has expressed concerns over the increasingly relaxed regulatory environment for cryptocurrencies in the United States, warning that it could lead to financial instability. Macron highlighted the potential global risk spillover, noting that stablecoins are often backed by U.S. dollar assets. He also urged the European Central Bank (ECB) to reform its monetary policy to address emerging financial risks.

The cryptocurrency market is currently extremely divided. Some are proclaiming that "a bear market is inevitable, and a crash a year after the peak is imminent," while others are focusing on genuine market signals.

Looking at the actions of the thirteen ministries and seven associations, what they demonstrate is a resolute attitude, but also a rational approach to regulation.

The US economy is caught in a vicious cycle of debt and inflation, and data from 2025 has already sounded the alarm. Looking ahead to 2026, the US economy faces three major challenges: debt, inflation, and growth.

Jinse Finance launches its daily cryptocurrency and blockchain news bulletin, "Jinse at 8 AM," issue 2902, providing you with the latest and fastest news on the digital currency and blockchain industry.

Looking ahead, it's worth paying attention to how blockchain technology, prioritizing privacy and focusing on payments, will develop.

A research report was released on December 4 by a team of analysts at JPMorgan Chase (led by senior strategist Nikolaos Panigirtzoglou).

Projects, agents, and crypto agents are the next major trend. Golden Finance reports that AgentFi automatically optimizes returns and simplifies trading strategies.

In November 2025, MS published an article titled "Financial Inclusion via FinTech: From Digital Payments to Platform Investments".

The foreign exchange market is not at all the "currency exchange market" I thought it was. To be more precise, most of the massive daily trading volume of $7.5 trillion is not "currency exchange" at all—but rather a vast and invisible global dollar lending network.