Galaxy Digital 研究主管 Alex Thorn 发文表示， 机构准入的持续扩大，正在与逐步宽松的货币政策 以及 市场对非美元对冲资产的迫切需求 形成共振。未来两年内，比特币很有可能像黄金一样，被广泛接受为对冲货币贬值的资产，他预计比特币将在 2027 年底达到 25 万美元。2026 年的走势过于混乱，难以预测，但比特币在 2026 年创出历史新高仍然是有可能的。目前，期权市场给出的定价显示：到 2026 年 6 月底，比特币跌至 7 万美元或涨至 13 万美元的概率几乎相当；而到 2026 年底，跌至 5 万美元或涨至 25 万美元的概率同样接近。如此宽的价格区间，反映出市场对中短期前景存在高度不确定性。Alex Thorn 还指出，如果从全年表现来看，比特币长期波动率结构性下降，其中一部分原因可能来自更大规模的备兑卖出和比特币收益生成策略的引入。值得注意的是，当前 BTC 的波动率微笑曲线中，看跌期权在波动率层面的定价已高于看涨期权，而六个月前并非如此。这种 “成熟化 ”趋势可能会持续下去。无论比特币是否继续回落并接近 200 周均线，其资产类别的成熟度和机构采用程度都在不断提高。2026 年或许会是比特币相对乏味的一年，无论最终收于 7 万美元还是 15 万美元，我们对其长期前景的看多判断只会愈发坚定。

Chainlink’s price stalled as fear lingered, even while on-chain behavior suggested longer-term positioning. source: https://ambcrypto.com/chainlink-holds-12-5-amid-fear-can-link-avoid-a-deeper-slide/

According to Odaily, Jameson Lopp, co-founder of Bitcoin custody firm Casa, shared insights on social media regarding the risks posed by quantum computing to Bitcoin. Lopp noted that discussions on this topic have been ongoing for 18 months, with the main conclusion being a hope for a halt or regression in quantum computing development. He emphasized that adapting Bitcoin for a quantum-resistant era would be extremely challenging due to various factors. Lopp reassured that quantum computers are unlikely to compromise the Bitcoin network in the short term. However, he warned that a comprehensive overhaul of the network, along with unprecedented fund migrations, could take 5 to 10 years. He advised maintaining optimism while preparing for potential adverse scenarios.

比特币托管公司 Casa 联合创始人 Jameson Lopp 在社交媒体发文表示 已经公开讨论量子计算对比特币构成的风险问题已有 18 个月，目前主要结论是：“真心希望量子计算的发展能够停滞甚至消退，因为为了适应抗量子时代，比特币的改造将非常棘手，原因有很多。 量子计算机在短期内不会破解比特币网络。然而，对比特币网络进行周全的改造（以及前所未有的资金迁移）可能需要 5 到 10 年的时间，应当抱有最好的希望，但也要为最坏的情况做好准备。 ”

Rivian’s CEO walked straight into the conversation everyone keeps avoiding, saying the US EV market can’t grow when one company holds half of it. RJ Scaringe made that point while showing off Rivian’s Autonomy and AI program on Dec. 11, where the company laid out its full tech stack and doubled down on its plan […] source: https://www.cryptopolitan.com/rivian-rj-scaringe-elon-musk-hold-ev-market/

Sunday close on the crypto market is about how XRP still defends its Bollinger mid-band, keeping $3. 60 on the map, while Midnight (NIGHT) logs a +40% week and Vitalik Buterin swaps out BNB into crypto winter again. source: https://u.today/morning-crypto-report-36-xrp-dream-is-not-dead-bollinger-bands-new-cardano-rockets-40-vitalik

A new discussion draft proposes broad updates to US crypto taxation, source: https://www.thestreet.com/crypto/policy/us-new-bill-to-fix-tax-loopholes

According to BlockBeats, an on-chain analyst known as Ai Yi has reported that a significant Bitcoin whale, who has been consistently shorting Bitcoin since March 2025, recently reduced their position by 20 BTC, securing a profit of $465,000. The whale still holds a short position of 550.7 BTC, valued at $48.6 million, with an unrealized profit of $12.8 million and funding fee earnings of $9.6 million. The overall account profit exceeds $55.51 million.

On Dec 21, 2025, 13:33 PM(UTC). According to Binance Market Data, BNB has dropped below 850 USDT and is now trading at 848.690002 USDT, with a narrowed 0.37% decrease in 24 hours.

On Dec 21, 2025, 13:32 PM(UTC). According to Binance Market Data, Bitcoin has dropped below 88,000 USDT and is now trading at 87,923.992188 USDT, with a narrowed 0.15% decrease in 24 hours.

本案从一则上海法院的刑事判决切入，所涉及的是传统游戏行业中，员工利用工作权限修改后台数据并转售游戏币获利的行为。尽管游戏币与加密货币并非同一范畴.....

2025年1月，当Phemex交易所因漏洞损失6900万美元的消息传出时，很少有人意识到这只是一场系统性崩塌的序幕。

BTC,山寨币,货币,AA精通BTC第3版精读03 金色财经,一切非比特币的其他币，都是山寨币。

黑客攻击,私钥,5000 万美元被盗——只因没仔细核对地址 金色财经,高端的骗局往往只需要采用最朴素的作案手法。

金色周刊是金色财经推出的一档每周区块链行业总结栏目，内容涵盖一周重点新闻、矿业信息、项目动态、技术进展等行业动态。

在本周，共有24 家区块链初创公司获得融资，融资总额达 3.351 亿美元。RedotPay 在 B 轮融资 中筹集 1.07 亿美元，为本周最大融资。

主题包括Cryptomoney、TradFi、Chains、DeFi、AI、DePIN 以及消费级应用。

我的职业生涯见证了三支风投基金和一支对冲基金从无到有。

金色财经推出加密货币和区块链行业早报《金色早8点》2915期，为您提供最新、最快的数字货币和区块链行业新闻。

Arthur Hayes：一旦市场意识到储备管理购买（RMP）与量化宽松（QE）本质相同，BTC将迅速回升至12.4万美元，并快速向20万美元发起冲击。