美国总统特朗普在社交平台上发文称赞第三季度 GDP 数据，指出 GDP 增速达 4.2%，远超 2.5%的预期。但现在市场反应反常：过去好消息推高市场，如今好消息反而常导致股市持平或下跌——因为华尔街总担心好消息会立刻引发加息来预防“潜在”通胀。特朗普称，“这让我们再也难以重现国家崛起时期的繁荣市场。强劲的市场本身不会引发通胀，错误政策才会。我希望新任美联储主席在市场向好时降息，而非无端打压市场。我希望看到一个几十年来从未有过的市场：一个该涨就涨、该跌就跌的市场，一个理应如此、曾经如此的市场。”特朗普还表示，“通胀问题会自然缓解，若有必要我们随时可适时加息，但绝不应为了抑制上涨而加息。如果任由那些‘书呆子’竭尽全力破坏上升趋势，国家永远无法强盛。”特朗普最后直言，“任何与我意见相左的人，永远别想当美联储主席。”

According to BlockBeats, market data indicates that the gold-silver ratio has fallen to 62.35, marking its lowest point since July 2014. Earlier this year, in late April, the ratio was at a high of 106.

According to Odaily, Trend Research, a secondary investment institution under Jackyi_ld, has recently purchased 46,379 ETH using leverage, valued at $137 million. The firm began accumulating ETH in early November when the price was around $3,400. Currently, Trend Research holds a total of 580,000 ETH, worth $1.72 billion, with an average cost of approximately $3,208 per ETH, resulting in an unrealized loss of $141 million. The acquisition was made using borrowed funds, with the institution securing $887 million USDT from Aave, employing a leverage ratio of about 2x. Previously, Trend Research profited $24.48 million from shorting ETH.

据余烬监测，Jackyi_ld 旗下的二级投资机构 Trend Research 今日通过借贷杠杆买入 46,379 枚 ETH，价值 1.37 亿美元。该机构自 11 月初 ETH 处于 3400 美元时开始抄底，目前总计持有 58 万枚 ETH，价值 17.2 亿美元，成本均价约为 3208 美元，目前浮亏 1.41 亿美元。Trend Research 使用借贷杠杆购买上述资产，累计从 Aave 借款 8.87 亿 USDT，杠杆倍数约为 2 倍。该机构此前曾通过卖空 ETH 盈利 2448 万美元。

According to PANews, recent developments in the U.S. crypto market indicate significant changes in regulatory and legislative approaches. Over the past 24 hours, two major advancements have emerged that could reshape the industry landscape. Firstly, regulatory certainty has been enhanced with Michael Selig officially assuming the role of CFTC Chairman. He announced that Congress is prepared to present a crypto market structure bill to the President's desk. This move marks a pivotal shift in the regulatory power dynamics between the SEC and CFTC, aiming to end the longstanding jurisdictional disputes and enforcement-driven chaos. Secondly, a new bipartisan legislative proposal seeks to reduce transaction costs by exempting certain stablecoin payments from capital gains tax and allowing a five-year deferral on staking income recognition. Although still in draft form, these proposals highlight lawmakers' intent to address the practical challenges of crypto payments and encourage long-term holding by easing cash flow pressures. These developments are not isolated. They align with the recent approval of a DTCC pilot project, which integrates tokenized assets into the clearing system, forming a comprehensive compliance loop from infrastructure to application scenarios. The CFTC's legislative push complements the SEC's recent initiative to classify digital commodities like Bitcoin and Ethereum outside the securities domain. This coordinated effort aims to transition regulatory logic from SEC's enforcement-driven approach to CFTC's legislative-driven framework. The proposed tax legislation addresses key application challenges by potentially eliminating tax barriers in crypto payments, allowing them to function more as currency rather than assets in commercial activities. The deferral of staking income recognition is designed to alleviate cash flow burdens and promote long-term asset holding. These actions collectively illustrate a strategic shift in the U.S. crypto landscape, encompassing technological, legal, and tax dimensions to systematically remove obstacles. As regulatory frameworks become clearer and potential tax frictions are addressed, the large-scale adoption of crypto assets is becoming a more tangible reality. The DTCC's blockchain integration offers reassurance to financial institutions, while the tax proposal's progress provides a promising outlook for commercial applications. The future crypto world may integrate more seamlessly into the global financial system, characterized by greater compliance and reduced friction. *This content is for informational purposes only and does not constitute investment advice. Markets carry risks, and investments should be made cautiously.*

A growing part of the XRP community is paying closer attention to infrastructure changes taking shape on the XRP Ledger, especially as they relate to long-term utility and institutional adoption. That context explains why crypto market commentator Brad Kimes, widely known on X as Digital Perspectives, reiterated a long-standing message that continues to resonate with many XRP holders: “Never sell your XRP. ” His comment was in anticipation of the upcoming XRPL Lending Protocol. Why You Shouldn’t Sell Your XRP The comment from Digital Perspectives was a response to a post from Ed Hennis, a software engineer at Ripple, who recently outlined the upcoming proposal for the XRPL Lending Protocol source: https://www.newsbtc.com/xrp-news/xrp-investors-not-to-sell/

Bitget Wallet 已完成与去中心化永续合约交易平台 Hyperliquid 的集成，进一步提升其链上衍生品交易服务能力。集成后，Bitget Wallet 永续合约功能将提供更低费率、更多资产种类，以及支持自定义的类中心化交易所的交易界面，并保持自托管特性。据悉，本次集成后 Bitget Wallet 内永续合约交易手续费可降至 0.06%–0.09%，支持超过 300 种加密资产的交易对，并引入包括代币化股票在内的 RWA 永续合约。最高支持 150 倍杠杆，在下单时同步显示保证金需求、持仓情况和风险敞口。在交互体验上，新版本支持可配置的 K 线图和订单簿布局，简化交易操作流程，降低用户参与链上永续合约交易的门槛。为用户在自托管环境下提供更接近专业交易平台的使用体验。据链上数据显示，Bitget Wallet 永续合约交易量在 2025 年第四季度已超过 80 亿美元。此次集是 Bitget Wallet 深化链上衍生品服务布局、覆盖更多加密资产及代币化资产交易需求的重要举措。

A new Brazilian orchestral project will turn live Bitcoin price data into music. source: https://www.cryptopolitan.com/brazil-to-turn-bitcoin-prices-into-music/

El Salvador progresses in selling the Chivo Bitcoin wallet amid ongoing IMF negotiations. source: https://coincu.com/news/el-salvador-sell-chivo-wallet/

تجاوزت مدفوعات الفائدة على الدين الوطني للحكومة الفيدرالية الأمريكية 1 تريليون دولار لأول مرة في السنة المالية 2025. أصبحت مصروفات الفائدة الآن تتجاوز الإنفاق الدفاعي و مدفوعات الرعاية الصحية للمسنين "ميديكير"—وذلك لأول مرة في تاريخ الولايات المتحدة. يستشهد محللو وول ستريت و مستخدمو وسائل التواصل الاجتماعي بمصطلح "فايمار" مع تصاعد التحذيرات من أزمة مالية. في الوقت نفسه، تقوم وزارة الخزانة الأمريكية بوضع العملات المستقرة كأداة استراتيجية لاستيعاب الطوفان المتزايد من ديون الحكومة source: https://ar.beincrypto.com/us-debt-interest-1t-stablecoin-adoption/

一名韩国男子因通过加密货币洗钱而试图获得从轻处罚，结果却适得其反，上诉法院推翻了对他的缓刑判决，将他送进监狱服刑四年。

特朗普媒体与技术集团又购买了 451 枚比特币，使其持有的比特币总数达到 11,542 枚，价值超过 10 亿美元。该公司将比特币作为长期储备，并正在向加密货币投资和相关金融服务领域拓展。

世界自由金融公司（World Liberty Financial）将他的钱包列入黑名单，冻结了他的 WLFI 代币，导致他损失了大约 6000 万美元。这次冻结使他无法访问或交易他持有的代币，而代币价格自 9 月份以来已经下跌了 40% 以上。

Web 3.0,支付,从开始到放弃 我为什么不做Web3支付了 金色财经,拿掉滤镜，看清支付的真实底色。

贝莱德、摩根大通、Visa、万事达等传统巨头们在2025年有哪些加密动作？

随着日本严格的监管框架不断将未注册的全球加密货币交易所挤出市场，Bybit 将从 2026 年开始逐步停止为日本居民提供服务。

强化学习 × Web3 的真正机会不在于复制一个去中心化版 OpenAI，而在于重写「智能生产关系」

特朗普政府上任一年来，美国加密货币政策发生根本性转向，核心目标是将加密货币行业纳入现有金融监管体系，使其与传统金融业以相同方式规范运作。

腾讯通过使用日本和澳大利亚的数据中心，而不是将硬件引入中国，获得了英伟达被禁的 Blackwell AI 芯片。这样的安排让腾讯可以继续训练先进的人工智能模型，同时不受美国出口规定的限制。

金融时报》称，即使 Binance 同意根据其具有里程碑意义的 43 亿美元美国刑事和解协议加强控制，它仍继续允许可疑的加密货币交易在其平台上流动。