Golden Weeklyは、Golden Financeが毎週発行するブロックチェーン業界のサマリーコラムで、1週間の主要ニュース、マイニング情報、プロジェクト動態、技術進歩、その他の業界動態をカバーしています。

According to Cointelegraph, U.S. lawmakers have introduced a draft proposal aimed at reducing the tax burden on everyday cryptocurrency users. The proposal, presented by Representatives Max Miller of Ohio and Steven Horsford of Nevada, seeks to amend the Internal Revenue Code to accommodate the increasing use of digital assets in payments. The draft aims to exempt small stablecoin transactions from capital gains taxes and offers a new deferral option for staking and mining rewards. The draft specifies that users would not need to recognize gains or losses on stablecoin transactions up to $200, provided the asset is issued by a permitted issuer under the GENIUS Act, pegged to the US dollar, and maintains a stable trading range around $1. The bill includes safeguards to prevent misuse, such as excluding brokers or dealers from the benefit and retaining Treasury's authority to issue anti-abuse rules and reporting requirements. Beyond payment transactions, the proposal addresses concerns about "phantom income" from staking and mining. It allows taxpayers to defer income recognition on staking or mining rewards for up to five years, rather than being taxed immediately upon receipt. This provision is described as a compromise between immediate taxation upon dominion and control and full deferral until disposition. Additionally, the draft extends existing securities lending tax treatment to certain digital asset lending arrangements, applies wash sale rules to actively traded crypto assets, and permits traders and dealers to elect mark-to-market accounting for digital assets. In related developments, the Blockchain Association recently sent a letter to the US Senate Banking Committee, signed by over 125 crypto companies and industry groups. The letter opposes efforts to extend restrictions on stablecoin rewards to third-party platforms, arguing that such measures would stifle innovation and increase market concentration in favor of large incumbents. The group compared crypto rewards to incentives commonly offered by banks and credit card companies, warning that banning similar features for stablecoins would undermine fair competition.

According to BlockBeats, the crypto community expressed regret over Senator Cynthia Lummis's decision not to seek re-election next year, acknowledging her contributions to the industry. David Sacks, the White House's AI and crypto affairs director, described Lummis as a 'great ally in the crypto space.' Collin McCune, head of government affairs at a16z, stated that the crypto industry would not have reached its current level without Lummis's efforts in Congress. Bitcoin advocate and 'Coin Stories' host Greg Xethalis thanked Lummis for her service and efforts in advancing Bitcoin, wishing her well in her future endeavors. Lummis announced on Friday that she will not seek re-election next year. As the chair of the U.S. Senate Banking Subcommittee on Digital Assets, she introduced the Bitcoin Strategic Reserve Act and was a key proponent of the CLARITY Act (Crypto Market Structure Act) and the Responsible Financial Innovation Act. During the Biden administration, Lummis openly criticized former SEC Chairman Gary Gensler's punitive enforcement approach to cryptocurrency regulation.

Spot Bitcoin ETF investors continued to pour billions into BlackRock’s IBIT in 2025 despite negative returns, signaling growing long-term conviction. <p>The post BlackRock’s Spot Bitcoin ETF IBIT Stands Out as Inflows Rise Despite Market Losses first appeared on Ecoinimist. </p> source: https://ecoinimist.com/2025/12/21/blackrock-spot-bitcoin-etf-shines/?utm_source=rss&utm_medium=rss&utm_campaign=blackrock-spot-bitcoin-etf-shines

Key TakeawaysBitcoin price trades below the 365-day moving average, signaling weakened trend supportBitcoin ETF holdings fall by 24,000 BTC in Q4 2025, showing reduced institutional interestOn-chain data shows slowing Bitcoin demand growth since October 2025Bitcoin Price Weakens As Demand SlowsBitcoin has remained under pressure after falling below its 365-day moving average near $98,172, a key long-term support. Analysts at CryptoQuant say Bitcoin demand growth dropped below trend in early October 2025, removing a major source of bullish momentum.On-chain data shows apparent Bitcoin demand contracted through Q4 2025, reinforcing concerns about declining buying pressure. BTC currently trades near $88,350, well below its annual trend level. ETF Outflows Signal Cooling Institutional InterestThe latest Bitcoin ETF update shows a sharp shift in behavior from large investors. Total BTC held in ETFs declined by about 24,000 BTC in Q4 2025, according to CryptoQuant.This marks a “sharp contrast” to Q4 2024, when ETFs accumulated aggressively following U.S. spot ETF approvals. Analysts say falling ETF balances reflect reduced institutional interest and weaker conviction. Market Indicators Flash Bearish SignalsPerpetual futures funding rates have dropped to their lowest levels since December 2023, suggesting muted leverage demand and lower trader confidence. CryptoQuant views this as another confirmation of a developing bear cycle.Source: CoinMarketCapMeanwhile, the Crypto Fear & Greed Index remains in Extreme Fear, scoring 20, while the Altcoin Season Index shows it is now Bitcoin Season with a reading of 17/100. These metrics indicate risk-off positioning across the broader crypto market. Bitcoin VS. Gold Is Key BattlegroundBitcoin’s ratio against gold has fallen to around 20 ounces, a level historically linked to bull-bear transitions. Some analysts warn that losing this support could confirm a longer-term downtrend.However, analyst Michaël van de Poppe notes a potential bullish divergence in the BTC/gold RSI, arguing Bitcoin may be undervalued while gold appears stretched. Weekly RSI near 29.5 signals conditions not seen in nearly three years. Bitcoin Outlook in 2026: Caution Or RecoveryOutlooks for Bitcoin forecast 2026 remain divided. Santiment founder Maksim Balashevich says social sentiment lacks sufficient fear, leaving room for a drop toward $75,000. Fidelity’s Jurrien Timmer has suggested a deeper retracement toward $65,000.In contrast, analysts like Bitwise CIO Matt Hougan expect 2026 to be an “up year,” citing potential rate cuts and renewed demand for digital assets. Much depends on macro policy shifts, ETF flows, and whether selling pressure stabilizes.

Bitcoin is approaching a decisive technical inflection point as its 14-period Relative Strength Index (RSI) falls toward levels not seen in nearly three years. The attached chart shows RSI sliding to the high-30s, placing momentum near the lower boundary of its long-term range and signaling rising downside exhaustion. source: https://www.ethnews.com/bitcoin-approaches-a-critical-make-or-break-moment-as-rsi-nears-3-year-low/

A viral X debate over Fundstrat’s Bitcoin outlook prompted Tom Lee to signal that differing analyst views reflect separate mandates, not conflicting forecasts. <p>The post Are Fundstrat’s Bitcoin Calls Conflicting? A Viral X Post Says No first appeared on Ecoinimist. </p> source: https://ecoinimist.com/2025/12/21/are-fundstrat-bitcoin-calls-conflicting/?utm_source=rss&utm_medium=rss&utm_campaign=are-fundstrat-bitcoin-calls-conflicting

Hilbert Group, a Swedish investment firm focused on algorithmic cryptocurrency trading, has acquired high-frequency trading platform Enigma Nordic in a deal valued at $32 million. source: https://cryptonews.com/news/hilbert-group-acquires-enigma-nordic-in-32m-crypto-trading-deal/

暗号通貨業界は、親暗号通貨である米国上院議員シンシア・ルミスが2026年の再選を目指さないと発表したことに遺憾の意を表明した。シンシア・ルミスは、敬虔な議員であるにもかかわらず、深い活力があり、次の6年間の任期を維持することができないと述べている。a16zのガバメント・アフェアーズ・ヘッドであるコリン・マキューン氏は、議会におけるシンシア・ルミスの努力なくして、暗号業界の今日の姿はなかったと反論した。ホワイトハウスのAI・暗号通貨担当ディレクターであるデイビッド・サックスは、彼を暗号空間における偉大な同盟者だと評した。以前、シンシア・ルミスは、デジタル資産に対する規制の明確化を目的とした「責任ある金融革新法」と「アメリカのための明確化法」を強力に推し進めた。Multicoinのマネージング・パートナーであるカイル・サマニは、シンシア・ルミスがその職を離れることを決めたとはいえ、政策立案はまだ完了しておらず、2026年に成立させる必要のある法案が残っていると述べた。

US lawmakers are proposing a $200 tax exemption for stablecoin payments and a multi-year deferral option for crypto staking and mining rewards. source: https://cointelegraph.com/news/us-lawmakers-stablecoin-tax-break-staking-rewards?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Ripple is preparing to introduce a lending framework on the XRP Ledger that looks far more like traditional credit markets than conventional DeFi. source: https://cryptodnes.bg/en/ripples-xrpl-lending-protocol-reimagines-onchain-credit/

redotPayはシリーズBラウンドで1億700万ドルを調達し、今週最大の資金調達ラウンドとなった。

トピックには、暗号通貨、TradFi、チェーン、DeFi、AI、DePIN、消費者向けアプリケーションなどが含まれる。

私のキャリアは、3つのベンチャー・キャピタル・ファンドと1つのヘッジファンドが力強く成長するのを見てきた。

ゴールデンファイナンスは、朝の暗号通貨・ブロックチェーン業界ニュースレター「Golden Morning 8:00, Issue 2915」を創刊し、最新・最速のデジタル通貨・ブロックチェーン業界ニュースをお届けします。

アーサー・ヘイズ：リザーブマネジメント購入（RMP）が量的緩和（QE）と本質的に同じであることに市場が気づけば、BTCはすぐに124,000ドルまで回復し、200,000ドルに向けて一気に押し上げるだろう。

暗号市場,引用符,幻想を捨てる - 暗号市場で最も拷問的な時間に備える ゴールデンファイナンス, すべての人に幸運を。

2025年11月28日、中国人民銀行は公安部、最高人民法院、最高人民検察院など13部門と共同で「仮想通貨取引における投機行為撲滅のための調整メカニズム会議」を開催した。

2025 10月27日、潘公生PBOC総裁は金融街頭フォーラムで、2017年以降の仮想通貨取引における投機リスクの防止と処理に関する政策が引き続き有効であることを改めて明らかにした。