According to PANews, Shielded Labs has introduced a new proposal to establish a dynamic fee market for Zcash, aiming to tackle the increasing transaction costs and network congestion. The proposal suggests moving away from the static fee model that Zcash has traditionally used, which initially set fees at 10,000 'zatoshi' before reducing them to 1,000. While this model functioned during periods of low demand, it eventually led to a surge of 'dust' transactions, causing wallet congestion and on-chain transaction blockages. Previously, the ZIP-317 proposal adopted an operation-based accounting method, which addressed abuse issues but maintained predictable and low fees that could not adjust according to usage. The latest proposal introduces a simple, stateless dynamic fee design based on 'comparables,' using the median fee observed for each operation over the past 50 blocks as a benchmark. Synthetic transactions are added to simulate ongoing congestion. The median fee becomes the standard fee, divided into intervals by powers of ten to reduce linkability and protect user information. In high-pressure situations, a priority channel will temporarily open, charging ten times the standard fee, allowing users to compete for block space without redesigning the protocol. The system is planned to be implemented in phases, starting with off-chain monitoring, followed by wallet strategy implementation, and finally, a simple consensus change upon approval, with expiration height limits and powers of ten fee rules. This approach avoids the complexity and fork risks associated with mechanisms like EIP-1559 while maintaining Zcash's privacy constraints. Other proposed ideas include using mining difficulty as a long-term heuristic indicator for fees priced in USD and adjusting prices based on mempool pressure.

According to ChainCatcher, Arkham data reveals that at 13:29, 30 BTC, valued at approximately $2.696 million, were transferred from Cumberland DRW to an anonymous address starting with bc1q2k.

According to BlockBeats, the U.S. Treasury has issued a record $25.4 trillion in T-Bills over the past 12 months, bringing the total issuance to an unprecedented $36.6 trillion. T-Bills, short-term zero-coupon bonds with maturities of one year or less, now account for 69.4% of the total U.S. national debt issuance, nearing historical highs. This trend indicates that the U.S. government is increasingly relying on short-term debt to finance its long-term obligations. Consequently, the interest expenses on public debt are now closely aligned with the Federal Reserve's policy rates. Should inflation rise again, prompting the Federal Reserve to increase rates, interest costs could reach unprecedented levels. The U.S. debt crisis is intensifying.

يركز هذا التحليل على العلاقة الحاسمة بين هيمنة عملة USDT (العملة المستقرة الأكثر استخداماً) والأداء النسبي للعملات الرقمية البديلة (Altcoins) باستثناء العملات العشر الأوائل. المؤشر التمثيل في الشارت الوصف هيمنة USDT الخط الرمادي يمثل نسبة السيولة الكلية في السوق التي يتم الاحتفاظ بها في صورة USDT. (مقابل البيتكوين). أداء العملات البديلة الخط الأزرق يمثل القوة … source: https://btcacademy.online/%d8%aa%d8%ad%d9%84%d9%8a%d9%84-%d9%85%d8%aa%d8%b9%d9%85%d9%82-%d9%84%d8%ad%d8%b1%d9%83%d8%a9-%d8%a7%d9%84%d8%b3%d9%88%d9%82-%d9%85%d8%a4%d8%b4%d8%b1%d8%a7%d8%aa-%d8%a7%d9%84%d9%85%d8%ae%d8%a7%d8%b7/?utm_source=rss&utm_medium=rss&utm_campaign=%25d8%25aa%25d8%25ad%25d9%2584%25d9%258a%25d9%2584-%25d9%2585%25d8%25aa%25d8%25b9%25d9%2585%25d9%2582-%25d9%2584%25d8%25ad%25d8%25b1%25d9%2583%25d8%25a9-%25d8%25a7%25d9%2584%25d8%25b3%25d9%2588%25d9%2582-%25d9%2585%25d8%25a4%25d8%25b4%25d8%25b1%25d8%25a7%25d8%25aa-%25d8%25a7%25d9%2584%25d9%2585%25d8%25ae%25d8%25a7%25d8%25b7

According to PANews, stablecoin issuer Circle has announced that it has received a Financial Services Permission (FSP) from the Financial Services Regulatory Authority of Abu Dhabi Global Market. This license allows Circle to operate as a money services provider within the Abu Dhabi International Financial Centre. Additionally, Circle has appointed Dr. Saeeda Jaffar as the Managing Director for the Middle East and Africa. Jaffar, who will be leaving her role as Senior Vice President and Group Country Manager for the Gulf Cooperation Council at Visa, is set to lead Circle's regional strategy. Her focus will be on strengthening partnerships with financial institutions and businesses, as well as promoting the adoption of the company's digital dollar and on-chain payment solutions in the UAE and the broader Middle East and Africa markets.

According to Odaily, Bitwise CIO Matt Hougan expressed on the X platform that crypto index funds are expected to become mainstream by 2026 as the market becomes increasingly complex and use cases multiply.

According to Odaily, the cryptocurrency market showed signs of stabilization on Tuesday following one of the most challenging Novembers since 2018. Bitcoin's price hovered around $90,400. Recent data from Presto Research indicates that Europe led the sell-off pressure during the month, contributing significantly to the 20% to 25% decline in Bitcoin and Ethereum prices. The average returns across various time periods in Europe turned sharply negative. In contrast, the performance in Asian and U.S. markets remained relatively stable, highlighting regional differences in capital flows during the cryptocurrency deleveraging process. Alongside the market downturn, publicly traded crypto stocks also underwent significant position adjustments. Meanwhile, the macroeconomic environment continues to be a major factor influencing cryptocurrency trends.

هيمنة البيتكوين وتألق XRP المفاجئ لطالما كانت صناديق التداول الفوري للبيتكوين (Bitcoin Spot ETFs) هي القاطرة الرئيسية لدمج العملات المشفرة في التمويل التقليدي (TradFi)، حيث فتحت أبواب السيولة المؤسسية أمام السوق. ومع ذلك، شكل الأداء الأخير لصناديق XRP المتداولة مفاجأة، حيث أصبحت الأسرع وصولاً إلى عتبة المليار دولار من الأصول المُدارة في الولايات المتحدة (بعد … source: https://btcacademy.online/%d9%85%d9%82%d8%a7%d8%b1%d9%86%d8%a9-%d8%aa%d8%ad%d9%84%d9%8a%d9%84%d9%8a%d8%a9-%d9%83%d9%8a%d9%81-%d9%8a%d8%ba%d9%8a%d8%b1-%d8%a7%d9%84%d8%a3%d8%af%d8%a7%d8%a1-%d8%a7%d9%84%d9%82%d9%8a%d8%a7%d8%b3/?utm_source=rss&utm_medium=rss&utm_campaign=%25d9%2585%25d9%2582%25d8%25a7%25d8%25b1%25d9%2586%25d8%25a9-%25d8%25aa%25d8%25ad%25d9%2584%25d9%258a%25d9%2584%25d9%258a%25d8%25a9-%25d9%2583%25d9%258a%25d9%2581-%25d9%258a%25d8%25ba%25d9%258a%25d8%25b1-%25d8%25a7%25d9%2584%25d8%25a3%25d8%25af%25d8%25a7%25d8%25a1-%25d8%25a7%25d9%2584%25d9%2582%25d9%258a%25d8%25a7%25d8%25b3

AI让软件自治化；Crypto让自治可信化。没有加密货币的可验证性，AI Agent无法在真实经济中大规模运行。

俄罗斯是不是“加密大国”？答案比想象中复杂。如果用矿业、链上交易量、稳定币流入量、贸易结算依赖度衡量，它是一个全球都无法忽视的加密力量中心。

Messari,Messari：Kalshi的崛起主要靠体育市场 体育赛季结束怎么办 金色财经,下一步不仅仅是继续增长，而是实现行业多元化

是谁促成了今天的高FDV低流通的现状，把token打造成最终的商品/服务？是发射台、meme、交易所、VC、媒体、交易员、项目方？还是我们所有人？

美国经济正同时遭受多种通货紧缩因素的冲击。这些相互交织的趋势迫使美联储不得不降低利率并增发货币。

迈克尔-赛勒（Michael Saylor）敦促各国政府创建比特币支持的数字银行账户，以提供比传统存款更高的回报。他认为，这种账户可以吸引数万亿美元的全球储蓄，但比特币的不稳定性和监管挑战使这一想法充满风险。

2026年加密货币指数基金将成为热门趋势。随着市场日益复杂、应用场景不断增多，对许多人而言，它是一个绝佳的投资起点。

自 2021 年以来，时间对 ETH 并不友好，其作为交换媒介的地位大多被稳定币取代

王永利的解释是一个重要的提醒，但关于稳定币的中国故事，可能需要更广阔的叙事。

2025年12月并非“日元携带交易引爆全球”的起点，而是“美国货币政策从紧缩到过度宽松”转折的起点，真正的风险在2026~2027年。