金融体系,黄金,白银危机——当纸面体系开始失灵 金色财经,当音乐停止时，只有拿着真金白银的才能安然入座。

Prysm’s post-mortem reveals the Dec. 4 Fusaka incident was caused by resource exhaustion during attestation processing, leading to 41 missed epochs and 382 ETH in losses. The post Prysm Releases Post-Mortem on Dec. source: https://btcusa.com/prysm-releases-post-mortem-on-dec-4-fusaka-incident-that-caused-41-missed-epochs-and-382-eth-in-validator-losses/

注意力一旦在链上形成可计量、可分配的结构，就具备转化为资产的基础。

According to ChainCatcher, the cryptocurrency market experienced notable net outflows in the past 24 hours. Bitcoin (BTC) led the outflow list with $151 million, followed by Ethereum (ETH) with $42 million, Zcash (ZEC) with $35 million, XRP with $20 million, and Solana (SOL) with $12 million. Conversely, some cryptocurrencies saw net inflows. XPL recorded an inflow of $9 million, MNT had $2.1 million, WET saw $1.7 million, Monero (XMR) had $1.4 million, and TRX experienced an inflow of $960,000.

According to PANews, the NFT market has seen a 10.18% decrease in trading volume over the past week, amounting to $66.71 million, as reported by Crypto.news. The number of NFT buyers fell by 66.91% to 165,759, while sellers decreased by 70.44% to 120,912. Additionally, the number of NFT transactions dropped by 13.88%. Ethereum network's trading volume reached $24.93 million, marking a 3.02% decline from the previous week. In contrast, the BNB Chain network saw a 45.64% increase in trading volume, reaching $10.83 million, and the Solana network experienced a 48.27% rise, totaling $5.65 million. Notable high-value transactions this week included the sale of CryptoPunks #6615 for $153,356.75 (47.99 ETH), CryptoPunks #309 for $134,530.52 (42 ETH), CryptoPunks #4566 for $123,808.45 (39.9 ETH), and CryptoPunks #4172 for $111,232.08 (33 ETH).

As global liquidity expands, could crypto be the next major beneficiary? source: https://ambcrypto.com/global-liquidity-hits-ath-at-130t-is-2026-the-payoff-for-risk-assets/

Aztec Network raises $61 million in ETH via a community-focused auction, supporting fair access and preparing its privacy-focused Ethereum Layer 2 network for full launch. source: https://catenaa.com/markets/cryptocurrencies/aztec-network-raises-61-million-in-eth-with-community-focused-token-sale/

本周共有 24 家区块链初创公司完成融资，总金额达 1.913 亿美元。

According to ChainCatcher, market analyst Jeff Park has highlighted that long-term Bitcoin investors, often referred to as 'whales' or 'OGs,' are exerting downward pressure on Bitcoin's spot price by selling covered call options. This strategy introduces significant selling pressure. Market makers, in response, are compelled to sell spot Bitcoin to hedge their exposure from purchasing call options, which leads to a decrease in market prices. This occurs despite strong demand from traditional ETF investors. Selling call options grants the buyer the right, but not the obligation, to purchase an asset at a predetermined price in the future, while the seller earns a premium for the option.

According to Cointelegraph, trader sentiment towards XRP has shown a bullish trend on social media platforms, as reported by market intelligence platform Santiment. This shift in sentiment coincides with a continued streak of inflows into XRP's exchange-traded funds (ETFs). Retail traders remain optimistic about XRP, which is currently hovering around the $2 mark. Santiment noted that the week recorded the seventh-highest number of bullish comments for the year, based on data from its analytics platform Sanbase. This platform monitors social interest across various cryptocurrency social channels, including Telegram, Discord, subreddits, and X. Santiment highlighted that XRP's market value is currently around $2.00, with sentiment showing bullishness across social media. XRP has been fluctuating between $1.99 and $2.17 over the past week and was trading at $2.03 as of Saturday, according to crypto data aggregator CoinGecko. Despite the optimistic sentiment, analysts suggest that bears still have significant control over the price movements. Meanwhile, spot XRP ETFs have continued to experience positive flows, with over $20.1 million recorded on Friday, marking 19 consecutive days of net inflows, as reported by crypto research and investment platform SoSoValue. This ongoing influx has pushed cumulative total inflows to nearly $974.5 million, with total assets under management (AUM) reaching approximately $1.18 billion. Notably, November 14 was the strongest day for XRP ETF inflows, with over $243 million, while November 18 saw the second-highest intake with $164 million. In related developments, Ripple has been building momentum towards the end of the year. The company was approved for a national trust bank charter by the U.S. Office of the Comptroller of the Currency, alongside stablecoin issuer Circle. Additionally, BitGo, Fidelity Digital Assets, and Paxos received approval to convert their existing state-level trust companies into federally chartered national trust banks. In November, Ripple raised $500 million at a valuation of $40 billion, attracting investors including affiliates of Citadel Securities and Fortress Investment Group. A month earlier, Ripple expanded its presence in the stablecoin market and pursued acquisitions in brokerage and treasury management. Giannis Andreou, founder and CEO of crypto miner Bitmern Mining, commented on social media that Wall Street's continued buying suggests a potential narrative shift in the market.

1. NYDIG：股票代币化初期对加密网络利好有限，若实现去中心化整合将逐步放大；2. 本周加密初创融资约 1.76 亿美元，VC 更偏好“可持续商业模式”；3. 以太坊 Prysm 客户端发生主网事故：资源耗尽致区块与见证大规模缺失；4. 乌克兰副市长之子因加密资产遭同学绑架杀害，嫌疑人逼供钱包密码后纵火灭口；5. glassnode 联创分析日本加息影响：比特币将在政策压力之后蓬勃发展；6. Moonbirds 拟于 2026 年 Q1 在 Solana 发行代币 BIRB，定位“Web3 版泡泡玛特”；7. Pudgy Penguins 圣诞周登陆拉斯维加斯 Sphere，投放品牌广告；8. Aevo：原 Ribbon Legacy DOV 金库遭攻击，损失约 270 万美元；9. “BTC 换仓 ETH 巨鲸”19 天内将 BTC 跨链兑换为 1.76 亿美元 ETH。

Spot XRP exchange-traded funds continued a streak of positive flows, with over $20. 1 million recorded on Friday, marking 19 consecutive days of net inflows. source: https://cointelegraph.com/news/xrp-bulls-gainig-ground-over-the-bears-on-social-media?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Moonbirds 母公司 Orange Cap Games CEO Spencer 在 Solana Breakpoint 大会上表示，Moonbirds 计划于 2026 年第一季度在 Solana 网络发行代币 BIRB。Spencer 同时提出，团队未来将把 Moonbirds 打造成“Web3 行业的泡泡玛特”，战略重点将聚焦于可收藏资产的发展，包括链上与现实世界（IRL）相结合的数字与实体收藏品布局。

监管,SEC,法律,监管博弈新阶段：解读 SEC 创新豁免对全球加密行业的影响 金色财经,监管竞速时代，资金与创新将流向哪里。

大多数团队只是利用叙事炒作，而没有给予底层系统和实际开发者应有的认可。

终于，构建应用链（Appchains）变得有意义了。

2025年12月1日，一则重磅新闻落地：据港交所披露，HashKey作为首批香港持牌虚拟资产服务提供者（VATP）之一，正式通过了港交所的上市聆讯。

以太坊正在转向 L1 扩容和隐私，美股后台引擎 DTCC 手握 100 万亿美元开始向链上迁移，似乎一个美好的加密新浪潮即将到来。

BTC,技术,当发币变成流水线有人在给比特币开发者发工资 金色财经,给比特币“操作系统”发工资的人。

​本轮周期中表现最好的"山寨币"有些根本不是代币——它们是加密资产相关的股票。其中涨势最猛的非Robinhood莫属。