Multicoin Capital co-founder Kyle Samani has shared a candid reflection on his early journey in crypto — and the moment he decided to walk away from Ethereum despite its historic success.In a post on X, Samani said Ethereum was his entry point into the cryptocurrency industry and his first major source of wealth, describing it as both a mentor and a foundation for his career.“Ethereum got me into crypto and was my initial source of wealth,” Samani wrote.Ethereum’s Historic Rise — and a Breaking PointSamani highlighted Ethereum’s rapid ascent, noting that ETH became the fastest asset in history to reach a $100 billion market capitalization. However, he said that same period exposed structural issues that ultimately pushed him away from the ecosystem.The turning point came at Devcon 3 in Cancun, Mexico, in November 2017.At the time:Ethereum gas fees were surgingNetwork congestion was worseningScaling solutions were still largely theoreticalAccording to Samani, this created an “unprecedented sense of urgency” around scalability — one he felt Ethereum was not addressing fast enough.“Gas fees were soaring, and there was clearly a need to scale as quickly as possible,” he said.From Ethereum to Alternative Layer-1sSamani’s departure from Ethereum in 2017 would later shape Multicoin Capital’s investment thesis, including its early and vocal support for high-performance Layer-1 blockchains such as Solana. Today, Samani also serves as chairman of SOL Treasury Forward, further underscoring his long-term conviction in alternative scaling approaches.A Broader Industry DebateSamani’s comments reignite a long-running debate within crypto:Ethereum’s security and decentralization vs. performance and costThe pace of scaling through Layer-2 solutions versus new base-layer designsWhile Ethereum remains the dominant smart-contract platform by market share, his remarks reflect why many early crypto investors and builders explored other ecosystems during periods of network stress.

Citigroup strategists expect the U.S. Treasury yield curve to steepen, driven primarily by declining short-term interest rates as markets price in further Federal Reserve easing, according to a report cited by Odaily Planet Daily.Bull Steepening Scenario Takes ShapeCitigroup described the outlook as a “bull market steepening”, a scenario in which short-term yields decline more rapidly than long-term yields. This typically occurs when investors anticipate rate cuts and slowing economic momentum, while longer-dated yields remain supported by supply concerns and long-term growth expectations.“With the increasing risk of rising unemployment or a continued rebound in labor force participation, we are inclined to favor a bull steepening of the curve in 2026,” Citigroup’s interest rate strategists said in the report.Fed Rate Cuts Largely Priced InAccording to Citigroup, markets have already priced in expectations for additional Federal Reserve rate cuts in the second half of this year, which should help anchor yields in the middle of the curve — often referred to as the “belly.”This dynamic suggests:Short-term yields remain most sensitive to policy easingMid-curve yields stay relatively stableLong-term yields remain influenced by structural factors such as debt issuance and supply risksStrong Economy, Dovish Fed Support Further SteepeningDespite expectations for easing policy, Citigroup emphasized that the broader economic backdrop remains resilient. Combined with a dovish Federal Reserve and growing concerns about Treasury supply, strategists believe the yield curve has room to steepen further.“Amid a strong economic backdrop, coupled with a dovish Fed and growing concerns about supply, the yield curve should steepen further,” the report noted.Why the Yield Curve MattersA steepening yield curve often reflects:Expectations of lower policy ratesShifting growth and inflation dynamicsChanges in risk appetite across financial marketsFor investors, the trend could have implications across fixed income, equities, and risk assets, as falling short-term rates tend to ease financial conditions while long-term yields signal confidence in longer-term economic stability.As markets head into 2026, Citigroup’s outlook suggests that interest rate dynamics — not just rate levels — will play a key role in shaping global market performance.

Bitcoin is continuing to flow out of centralized exchanges at a notable pace, signaling a potential shift in investor behavior toward longer-term holding or self-custody.According to CoinGlass data, centralized exchanges (CEXs) recorded a net outflow of 25,141.37 BTC over the past seven days as of December 15, marking one of the larger weekly net withdrawals in recent periods.

Binance announced its latest Binance Alpha airdrop will go live at 21:00 (UTC+8) today, with users needing at least 230 Binance Alpha Points to claim.Claims will be first-come, first-served until either the airdrop pool is fully distributed or the event ends.Key Takeaways:Start time: 21:00 (UTC+8) todayEligibility: Minimum 230 Alpha PointsClaim basis: First-come, first-servedEnds when: Pool is depleted or the event concludes 

Binance is expanding its Spot trading lineup with new USD1-based trading pairs, alongside automated Trading Bots support and fee incentives designed to boost liquidity and improve execution for active traders.The update goes live on December 16, 2025, at 08:00 UTC, marking another step in Binance’s push to deepen stablecoin-denominated markets.New USD1 Trading Pairs Launching on Binance SpotBinance will open Spot trading for the following pairs:DOGE/USD1SUI/USD1XRP/USD1These additions give users more flexibility to trade major assets directly against USD1, helping reduce conversion steps and manage exposure more efficiently.Trading Bots Support Goes Live SimultaneouslyAt the same launch time, Binance will enable Trading Bots services across multiple USD1 pairs, expanding automated trading options.Spot Algo OrdersAvailable for:DOGE/USD1SUI/USD1XRP/USD1Spot Grid and Spot DCAAvailable for:BNB/USD1ETH/USD1SOL/USD1This allows traders to deploy algorithmic strategies such as grid trading, dollar-cost averaging, and conditional execution across some of the most actively traded assets on the platform.Zero-Fee Trading for VIP Users and Liquidity ProvidersTo encourage early liquidity, Binance is rolling out zero maker and taker fees for select users on the newly launched pairs.Eligible PairsDOGE/USD1SUI/USD1XRP/USD1Who QualifiesVIP 2–9 usersSpot Liquidity ProvidersPromotion PeriodFrom: December 16, 2025, 08:00 UTCUntil: Further noticeDuring this period:VIP 2–9 users and Liquidity Providers pay zero trading feesStandard fees apply to regular users and VIP 1Trading volume for these pairs counts toward VIP tier calculations only for regular and VIP 1 usersImportant Fee and Volume Rules to KnowFor VIP 2–9 users and Liquidity Providers, trading volume on these pairs:Will not count toward VIP tier volume calculationsWill not count toward Liquidity Provider program metricsBNB fee discounts, referral rebates, and other adjustments do not apply during the promotionOnce the promotion ends, standard Spot trading fees will resume

According to PANews, prominent cryptocurrency analyst @CryptoHayes has made several notable predictions throughout the year, ranging from Bitcoin's potential price movements to forecasts about other cryptocurrencies like Ethereum (ETH), Solana (SOL), Zcash (ZEC), and HYPE. Hayes initially predicted Bitcoin would peak in March and later suggested it could reach $250,000 by the end of the year. He anticipated Bitcoin would pull back to $70,000 before resuming its upward trend. Hayes also expressed skepticism about U.S. President Donald Trump investing in Bitcoin as part of national reserves. Hayes forecasted that Ethereum would experience a significant surge before Solana and speculated that the U.S. Treasury General Account (TGA) and Japan's stimulus plans might trigger new market highs. Additionally, he predicted potential explosive growth for Zcash and HYPE. Throughout the year, Hayes consistently emphasized Bitcoin's potential to reach the $200,000 to $250,000 range by year-end. Despite these bold predictions, the cryptocurrency market has proven to be more complex than any single narrative. Hayes's forecasts have contributed to a unique cultural landscape within the crypto industry, sparking discussions and debates among enthusiasts and analysts alike.

Binance Bytes is your weekly snapshot of the most important crypto market developments, powered by Binance Research data and onchain insights. This week’s edition highlights a clear theme: crypto is moving deeper into sovereign finance, global banking, and institutional portfolios — even as market sentiment remains cautious.Below is everything you need to know, broken down for quick reading.Market Snapshot: Risk-Off Sentiment, Quiet AccumulationGlobal crypto market cap: $3.06T (-4.1% WoW)Bitcoin dominance: 58.5% (-0.3% WoW)Fear & Greed Index: 24 (Fear)Despite a pullback in prices, capital is not leaving the ecosystem. Instead, it is rotating and consolidating, a pattern consistent with mid-cycle market resets rather than capitulation.DeFi Resilience Stands OutTotal Value Locked (TVL): $161.3B (+2.3% WoW)Ethereum TVL dominance: 71.4%, maintaining its lead as the primary settlement layer for onchain financeThis divergence — falling prices alongside rising TVL — suggests structural demand rather than speculative excess.Chart of the Week: Perp DEX Power Shift AcceleratesBinance Research data shows a major shake-up in decentralized derivatives:Hyperliquid’s perp DEX market share collapsed from ~80% in May to ~12% todayAster and Lighter gained ground rapidly, fueled by active airdrop incentive programsPerp DEX volumes tripled in H2 2025, rising from $421B in June to $1.32T in NovemberWhy it matters: Liquidity is becoming more competitive and fragmented, which typically precedes product innovation, tighter spreads, and deeper institutional participation.Top 3 Stories You Missed This Week1. Pakistan Explores $2 Billion in Tokenized Sovereign Assets With BinancePakistan’s Finance Ministry signed an MoU with Binance to explore tokenizing up to $2 billion in sovereign bonds, T-bills, and commodity reserves.Why this is a big dealMarks a shift toward state-level real-world asset (RWA) adoptionAims to improve liquidity, transparency, and foreign investor accessPositions blockchain as regulated financial infrastructure, not experimentationThis move places Pakistan among a growing group of nations exploring onchain sovereign finance, signaling a new phase of government-led adoption.2. Standard Chartered and Coinbase Expand Institutional Crypto ServicesStandard Chartered and Coinbase announced an expanded partnership offering:Institutional-grade tradingCustodyPrime brokerage servicesWhy it mattersBridges traditional banking capital with crypto-native infrastructureAccelerates regulatory-compliant access for global institutionsSignals that crypto is now a core banking product, not a peripheral offeringThis collaboration reinforces a broader trend: banks are no longer watching from the sidelines — they are building rails.3. Brazil’s Largest Private Bank Recommends Bitcoin AllocationItaú Asset Management, Brazil’s largest private bank, now formally advises investors to allocate 1%–3% of portfolios to Bitcoin.Key rationaleLow correlation with traditional assetsLong-term diversification benefitsGrowing institutional legitimacyThis recommendation places Bitcoin alongside equities, bonds, and commodities as a strategic portfolio component, not a speculative trade.What This Week Tells Us About the Crypto MarketDespite fear-driven sentiment and short-term price weakness, the structural signals are bullish:Governments are exploring tokenized sovereign financeGlobal banks are deploying institutional crypto infrastructureMajor asset managers are endorsing Bitcoin as a long-term allocationDeFi liquidity is growing, not shrinkingThis is what early-stage financial integration looks like — quiet, methodical, and foundational.Market Watchlist: Key Dates AheadDec 15: Starknet major token unlockDec 15: Sei major token unlockCrypto markets may be cautious today, but institutions, banks, and governments are positioning for the next decade. Binance Bytes shows that beneath short-term volatility, adoption is accelerating where it matters most.

The Bitcoin market is in a correction phase with a 30% drawdown from the all-time high. Two on-chain indicators: STH SOPR and P/L Block point to loss realization by participants and deteriorating market sentiment. source: https://axeladlerjr.com/short-term-holder-capitulation-sopr-signals-local-stress/

Itaú Asset Management recommends an allocation to bitcoin of between 1% and 3% to diversify investments and hedge against currency volatility. source: https://atlas21.com/brazil-the-countrys-leading-private-bank-recommends-a-3-allocation-to-bitcoin/?utm_source=rss&utm_medium=rss&utm_campaign=brazil-the-countrys-leading-private-bank-recommends-a-3-allocation-to-bitcoin

西班牙执法部门逮捕了五名与今年早些时候在马拉加发生的一起残忍的绑架和谋杀案有关的人，据信这是 "扳手攻击 "的一部分--一种用来迫使受害者交出加密货币钱包的暴力手段。丹麦当局还指控了另外四名与此案有关的嫌疑人。

Bitget 即将上线新一期 VIP 专属 ETH 理财产品。活动期间，VIP 用户可前往 “简单赚币 ”与「链上赚币」板块申购 ETH，最高可享 10% APR。同时，Bitget 将根据 ETH 存入时间、金额及持仓时长为满足特定交易门槛的用户，额外分配 50,000 USDT 奖励。更多详情可查看 Bitget 官方平台，活动时间为 12 月 15 日 18:00 至 12 月 20 日 18:00 （UTC+8）。

复盘完 EASY S1 的这 15 个项目，最大的感受是：时间是最好的试金石。

迪斯尼向 OpenAI 投资了 10 亿美元，并授权其数百个角色用于人工智能视频平台。根据协议，用户可以与迪士尼、皮克斯、漫威和星球大战的角色一起制作短视频，并在 Disney+ 上播放精选视频。

尽管与加密大盘代币的相关性高达 0.9，小盘代币却未能提供任何多元化价值。

这家巨头最近有哪些收购动作？凭借怎样的布局将99%利润率收入囊中？

数字经济,银行,稳定币,数字银行的真正价值 正在流向稳定币与身份 金色财经,真正的商机在于稳定币、支付和身份认证。

加密货币投资者以约 500 万美元的价格买下了一具距今 6900 万年的三角龙骨架，并越来越多地投资于实物资产。NFT 的销售量急剧下降，2025 年 11 月的销售量为 3.2 亿美元，该行业的市值比 1 月份的峰值下降了 66%。

据《财富》杂志报道，YouTube 正朝着将加密货币整合到其生态系统中迈出大胆的一步，现在允许美国的创作者以 PayPal 的美元支持稳定币 PYUSD 获得收益。

从石油美元到ETF，石油经济相关的投资者正通过受监管的渠道进入比特币市场，这既增强了流动性，又重塑了市场结构。

美国SEC官方发文向散户投资者接受加密资产托管的基础知识