According to PANews, the Japanese yen's previous interest rate hike led to a surge in market risk aversion, causing Bitcoin's price to drop from approximately $65,000 to $50,000. However, the upcoming yen interest rate increase is expected to have a different impact on the crypto market. Two main reasons contribute to this outlook: firstly, speculators currently hold net long positions in yen, making a swift reaction to the Bank of Japan's rate hike unlikely; secondly, Japanese government bond yields have been rising throughout the year, with both short-term and long-term yield curves reaching decades-high levels. This upcoming rate hike reflects official rates catching up with market trends. Meanwhile, the U.S. Federal Reserve has lowered interest rates by 25 basis points to their lowest level in three years while introducing liquidity measures. Overall, these factors suggest a lower likelihood of significant yen carry trade unwinding and reduced year-end risk aversion.

Few firms embody that tension more clearly than Michael Saylor’s Strategy. source: https://coindoo.com/wall-street-indexes-face-a-new-problem-companies-built-on-bitcoin/

Billionaire Stanley Druckenmiller is increasing his asset management firm’s exposure to a bet on the future of American healthcare. Druckenmiller’s Duquesne Family Office boosted its stake in Natera Inc. (NTRA) by 4. 19% in the third quarter of 2025 source: https://dailyhodl.com/2025/12/13/billionaire-stanley-druckenmiller-bets-517000000-on-single-asset-increasing-exposure-to-largest-holding/

According to ChainCatcher, monitoring by Hyperinsight reveals that the '1011 Insider Whale' address has incurred an unrealized loss exceeding $12 million. The losses are distributed across several positions: A 5x leveraged long position of 175,595 ETH was opened at a price of $3,173.34, with a liquidation price of $1,943.28, resulting in an unrealized loss of $9.77 million. Additionally, a 5x leveraged long position of 1,000 BTC was opened at $91,506.7, leading to an unrealized loss of $1.31 million. Furthermore, a 20x leveraged long position of 25,000 SOL was opened at $137.53, contributing to an unrealized loss of $1.05 million.

According to BlockBeats, industry experts highlight that machine learning in the crypto trading sector has not yet reached a widespread adoption phase akin to an 'iPhone moment.' However, AI-driven automated trading agents are rapidly approaching this critical juncture. With advancements in algorithm customization and reinforcement learning capabilities, the new generation of AI trading models is shifting focus from absolute profit and loss (P&L) to incorporating risk-adjusted metrics such as the Sharpe ratio, maximum drawdown, and value at risk (VaR) to dynamically balance risk and reward across various market conditions. Michael Sena, Chief Marketing Officer at Recall Labs, noted that in recent AI trading competitions, specially customized and optimized trading agents significantly outperformed general large models, which only slightly surpassed the market when executing trades autonomously. The results indicate that specialized trading agents, enhanced with additional logic, reasoning, and data sources, are gradually surpassing basic models. Nonetheless, the democratization of AI trading raises concerns about whether the advantage of Alpha will be quickly exhausted. Sena emphasized that those who can develop proprietary, specialized tools will continue to benefit in the long term. The most promising future form may be an AI-driven 'smart portfolio manager' that still allows users to set strategy preferences and risk parameters.

미국 상품선물거래위원회(CFTC)가 미국 국채와 암호화폐가 나란히 공존할 수 있는 시장 구조의 기반을 조용히 마련하고 있습니다. 12월 12일, CFTC는 미국 국채에 대한 교차 마진 확대를 승인했습니다. CFTC 새 조치, 암호화폐 영향은 이 변경안에 따라 일부 고객들은 결제 회원뿐 아니라, CME 그룹에서 청산되는 국채 선물 간의 마진 요건을 상쇄할 수 있습니다. CME 그룹은 미국에서 가장 큰 암호화폐 파생상품 거래 플랫폼 중 하나입니다 source: https://kr.beincrypto.com/cftc-treasury-margins-opens-room-for-crypto/

تقوم لجنة تداول السلع الآجلة (CFTC) بهدوء بوضع الأساس لهيكل سوق يمكن أن تعيش فيه سندات الخزانة الأمريكية والعملات الرقمية جنبا إلى جنب في نهاية المطاف. في 12 ديسمبر، وافق مجلس تداول السلع الآجلة على توسيع نظام الهوامش المتقاطعة لسندات الخزانة الأمريكية. كيف يؤثر النظام الجديد للجنة تداول السلع الآجلة على العملات الرقمية يتيح هذا التغيير لبعض العملاء، وليس فقط أعضاء المقاصة، تعويض متطلبات الهامش بين العقود الآجلة للخزانة التي يتم تصفيتها في مجموعة CME. تعد مجموعة CME واحدة من أكبر منصات تداول مشتقات العملات الرقمية في الولايات المتحدة source: https://ar.beincrypto.com/cftc-treasury-margins-opens-room-for-crypto/

Pump. fun trading volume has fallen for the fourth consecutive month, extending a steady decline that began after the platform’s explosive activity earlier this year. The latest data from CryptoRank and Dune shows weakening liquidity and reduced trader participation across newly launched meme coins. Four Months of Consistent Downward Volume The chart shows a long fade […] The post Pump source: https://www.ethnews.com/pump-fun-trading-activity-continues-to-decline-as-weekly-volume-drops-again/

null source: https://x.com/BTC_Archive/status/1999859660006830335

In an interview, Strategy CEO Phong Le stated that accessing capital markets during a bear market is far more difficult than during a bull market, and the company can no longer raise funds as easily as before. The launch of preferred products like Stretch aims to enable MicroStrategy to secure funding even when Bitcoin prices are flat or volatile. He pointed out that MicroStrategy has built a Bitcoin finance framework over the past five years that works effectively in both bull and bear markets, and newly issued preferred shares must undergo a similar market "stress test." Facing a potential new downturn, the company will continue to pay dividends to steadily build investor confidence and pave the way for future fundraising, further solidifying its position as a Bitcoin finance and credit issuer capable of navigating complete market cycles.

Most teams simply use narrative hype without giving the underlying systems and actual developers the recognition they deserve.

Finally, building appchains makes sense.

On December 1, 2025, a major news broke: according to the Hong Kong Stock Exchange, HashKey, as one of the first batch of licensed virtual asset service providers (VATP) in Hong Kong, officially passed the listing hearing of the Hong Kong Stock Exchange.

Ethereum is shifting towards L1 scaling and privacy, and the US stock market's back-end engine, DTCC, with its $100 trillion holdings, is beginning to migrate on-chain, seemingly signaling the arrival of a promising new wave in crypto.

BTC, Technology, When Issuing Cryptocurrencies Becomes an Assembly Line, Someone Is Paying Salaries to Bitcoin Developers - Jinse Finance, People Paying Salaries to the Bitcoin "Operating System".

Some of the best-performing "altcoins" in this cycle aren't even tokens—they're crypto-asset-related stocks. Robinhood is undoubtedly the one with the most dramatic rise.

A financial tycoon sold his Nvidia shares too early, reflecting on valuation and personnel, missing out on the AI ​​wave, and realizing the true meaning of long-term holding.

Jinse Finance launches its daily cryptocurrency and blockchain news bulletin, "Jinse at 8 AM," issue 2907, providing you with the latest and fastest news on the digital currency and blockchain industry.

Remittances have always been reliable and fast across the Atlantic. This may be one reason why Americans are happy to accept "stablecoins" as an alternative to the banking system.

Jinse Finance launches the "Jinse Web3.0 Daily," providing you with the latest and fastest news on MEME, DeFi, DAO, NFT, and the metaverse industry.