Bitcoin has pulled back approximately 30% from its high to around $85,000. Medium-term holders are accelerating their accumulation, adding 54,000 BTC over the past week, indicating bottom-fishing behavior. However, the selling pressure from large-scale holders still constrains the market, and in the short term, Bitcoin's price may continue to face downward pressure.

PANews December 12th News, according to three sources, the Bank of Japan may maintain its commitment to continue raising interest rates next week, but will emphasize that the pace of further hikes will depend on how the economy responds to each increase. BOJ Governor Haruhiko Kuroda has essentially announced in advance that there will be a rate hike in December, and the market has almost fully priced in the possibility of raising rates from 0.5% to 0.75% in December. The market's focus has shifted to how much the BOJ can raise interest rates to a neutral level. Sources say that although the central bank may internally update its estimate of the policy rate relative to what is considered a neutral level, it will not use this estimate as the main communication tool for future rate hike paths due to the difficulty of making precise predictions. Instead, sources say the BOJ will explain that future rate hike decisions will be based on considerations of how past increases have affected bank lending, corporate financing conditions, and other economic activities. One source stated

In Q4 2025, the pace at which companies are purchasing Bitcoin (BTC) has significantly slowed, with 65% of listed companies currently holding Bitcoin at a price below their cost basis, resulting in unrealized losses. Against the backdrop of more cautious corporate fund management, Bitcoin miners are gradually becoming the most stable accumulation force in the public market, laying the foundation for corporate adoption in the next stage. Entering November, Bitcoin's price recorded the largest monthly decline of the year, dropping 17.67%, causing many corporate investors who built positions during 2025 to incur losses. According to the latest Bitcoin Treasuries report, more than two-thirds of the 100 listed companies in the sample are holding positions with unrealized losses, leading to a cooling market demand.

Matrixport's weekly report indicates that despite the Federal Reserve cutting interest rates, future policy uncertainty has increased, and the market's response to the situation is limited. Bitcoin has fallen below its long-term trend for the first time, overall liquidity remains tight, trading has not yet recovered, emphasizing the importance of position management and risk control.

Foresight News现场报道，Solana Co-founder Anatoly Yakovenko stated at the Solana Breakpoint conference that the key to growth lies in continuously building products that people need. He emphasized that stablecoins are the current clear direction, with an expectation that 1 to 10 trillion US dollars worth of stablecoins will be on-chain in the future, driving the tokenization and on-chain of approximately 500 trillion US dollars in global assets. He pointed out that the strong property rights protection brought by public chains and cryptography do not conflict with free-market capitalism and Wall Street logic but instead complement each other by eliminating faults and risks through software, allowing the financial scale of Wall Street to expand at a faster pace. He stressed that stablecoins are an expansion rather than a replacement of the US dollar. Layer 1, especially PoS networks, have clear value capture mechanisms. Solana aims to occupy as much as possible in this competitive landscape.

PUMP tokens continue to strengthen in the Solana ecosystem, with the scale and speed of its buyback program far exceeding market expectations. The latest on-chain data shows that PUMP's total buyback amount has officially surpassed $205 million, setting a new project record and surpassing Raydium to become the largest buyback in the Solana network. Since Pump.fun launched its buyback mechanism five months ago, 13.86% of the circulating supply has been eliminated, which is a significant milestone for an experimental project rooted in meme culture. The on-chain monitoring platform SolanaFloor pointed out that PUMP's buyback activity maintains high intensity almost every day. On December 10th alone, the protocol used about 8,750 SOL to buy back over 4.015 billion PUMP tokens, worth approximately $1.2 million. The buyback volume was nearly the same the previous day, and even on relatively stable trading days, the buyback strength remains in the hundreds of millions of tokens. This steady pace is driven by Pump.fun's practice of using daily income directly for buybacks, continuously reducing the token supply.

Led by Tom Lee, co-founder of Fundstrat, Ethereum vault company BitMine has once again increased its bet on Ethereum. According to Arkham data cited by EmberCN, BitMine purchased 33,504 ETH through FalconX on Wednesday, with a total value of approximately $112 million. Although the company has not officially confirmed the transaction, its recent accumulation pace aligns with its established strategy. BitMine is one of the world's largest Ethereum vault institutions. This year, it has continued to expand its holdings and reaffirmed its long-term goal — holding 5% of the total ETH supply. According to its latest 8-K filing, as of December 7, BitMine held 3,864,951 ETH, 193 BTC, $1 billion in cash, and $36 million in Eightco Holding shares (the company associated with the Worldcoin WLD token).

BlockBeats news, on December 10, U.S. President Trump demanded that Ukraine "quickly accept" a U.S.-led peace plan and was reportedly hoping to finalize the agreement before Christmas. Zelensky signaled willingness to hold elections during wartime but emphasized that any agreement must be based on clear security guarantees from the U.S. and Europe. As the plan involves territorial concessions, NATO issues, and the use of frozen Russian assets, multiple European countries are uneasy about the fast pace pushed by the U.S. The U.S., Ukraine, and Europe continue to be locked in a tug-of-war within the negotiation framework. The U.S. demands accelerated decision-making and stresses that the goal is to achieve sustainable peace, but Zelensky reiterated that he would not accept territorial concessions and needs to coordinate positions with Europe first. European officials are concerned that a U.S.-driven agreement could undermine the cohesion of the Western bloc. Amid rising geopolitical uncertainty, the crypto market sentiment remains cautious. In the short term, BTC is watching the $93,200 resistance, with support remaining at

PANews, December 9—Matrixport analyzed in today’s chart that the current participation of retail investors in the crypto market remains low. Taking the historically retail-heavy Korean market as an example, today’s trading volume is significantly lower compared to the peak periods in December 2023 and 2024: back then, daily trading volume could reach several billion US dollars, while now it barely hovers around $1 billion, reflecting that short-term retail funds have yet to flow back in significantly. In such a market environment, some newly launched or expanding exchanges continue to find it difficult to see sustained growth in trading volume. Some previously highly anticipated IPO plans have also noticeably slowed their pace. Without a broader return of retail investors, even if the Federal Reserve chooses to cut interest rates in the future, easing monetary policy alone is unlikely to trigger a truly sustainable rally. To put it more bluntly, without trading volume, it’s hard for market sentiment to build; without sentiment,

Jonathan Gould, the head of the U.S. Office of the Comptroller of the Currency (OCC), stated that crypto companies applying for federal banking licenses should be treated the same as traditional banks, emphasizing that digital assets are not a new concept. The OCC has received 14 new bank applications, indicating a significant increase in demand for digital asset businesses. He believes that embracing crypto companies will help the financial system keep pace with the modern economy.

According to a report by Jinse Finance, the Institute for Supply Management (ISM) announced on Wednesday that the US services index rose slightly by 0.2 to a nine-month high of 52.6. A reading above 50 indicates the sector is in expansion. The ISM services and materials prices paid index showed the slowest growth rate in seven months. Although still at historically high levels, this figure suggests inflationary pressures have eased somewhat. The overall services index was supported by longer supplier delivery times and further improvement in business activity. The supplier deliveries index rose by 3.3 points, reaching its highest level in over a year. This increase may reflect challenges businesses face with tariffs as they seek product sources in a complex trade environment. The business activity index climbed to a three-month high of 54.5. Meanwhile, order growth slowed from a one-year high. Employment in the services sector showed further signs of stabilizing. The employment index rose to a six-month high of 48.9, indicating a slower pace of job declines. According to an ISM survey

According to ChainCatcher news, Jin10 reports that the China International Capital Corporation (CICC) research report points out that considering the possibility of a shift in the Fed's interest rate cut pace in 2026, it is expected that the variables of US dollar liquidity and market environment will increase after the December FOMC meeting. Weaker US growth employment data and speculation about the next Fed chair candidate may raise expectations for interest rate cuts, while current officials' concerns about inflation may suppress those expectations. Therefore, it is believed that the certainty of easing trades is higher in early December, which will be more favorable for the performance of various assets.

November 26 news, reports say that as the selection process for the new chair of the Fed enters its final weeks, White House National Economic Council Director Kevin Hassett is seen by Trump’s advisors and allies as the frontrunner for the next Fed chair. However, insiders also point out that Trump is known for making surprising personnel and policy decisions, so nominations cannot be considered final until publicly announced. The selection of the Fed chair and board members has traditionally been the most direct way for a president to influence the Fed. During Trump’s first term, he nominated the current chair Jerome Powell, but Trump deeply regretted that decision when Powell did not cut rates at the pace he expected. Hassett is viewed as being highly aligned with Trump’s economic views, including the assertion that rates need to be dropped. In an interview on November 20, he stated that if he were to serve as Fed chair, "I would drop rates now," because "the data suggests we should do this."

Odaily News The American employment data processing company ADP announced on Tuesday that as the pace of layoffs accelerated over the past four weeks, the U.S. labor market is showing further signs of weakness. The latest data shows that over the past four weeks, private enterprises have averaged a reduction of 13,500 jobs per week. This is an acceleration compared to the previous week's data, which indicated a reduction of 2,500 jobs per week. Due to the ongoing impact of the prior government shutdown on data releases, alternative data sources like ADP have been filling in the gaps in the economic picture. (Jin10)

Odaily News InitVerse announced the completion of a strategic financing of 500 BTC led by the Tabula Rasa Foundation. This investment is a conditional trigger options investment (barrier options investment), with the first tranche of 100 BTC already injected into the official public Address (approximately 10 million USD). The official stated that the funds will be tied to project milestones to ensure that the use of funds is consistent with the delivery pace. This injection will focus on supporting the construction of the InitVerse ecosystem project and will conduct a large-scale buyback of 50,000,000 INI of the ecological Token INI. The buyback will cover major exchanges, cooperative institutions, and OTC Trading methods to strengthen market Liquidity and Token value support. The InitVerse Foundation has made all official Addresses public and promises that all fund flows can be traced on-chain, accepting global use.

Odaily News The CME Group announced today that its highly liquid U.S. Treasury futures and options products reached a record high of 35,120,066 open interest (OI) on November 20. Meanwhile, the trading volume of CME's interest rate futures and options products reached 44,839,732 contracts on November 21, marking the second highest single-day trading volume in history. Agha Mirza, head of global rates and OTC products at CME, stated: "Against the backdrop of economic rise and uncertainty in the Fed's rate cut pace, market participants are turning to our markets for unmatched trading efficiency and liquidity across the yield curve." (Jin10)

Odaily News The National Association for Business Economics (NABE) stated in its annual forecast survey that the U.S. economic growth rate will slightly accelerate next year, but job growth will remain weak, and the Fed will slow the pace of further interest rate cuts. This survey covers 42 professional forecasters, and the results show that the median economic forecast is a rise of 2%, up from 1.8% in the October survey. Increased personal spending and business investment are expected to drive economic growth higher, but professional forecasters almost unanimously believe that the new import tariffs from the Trump administration will drag the growth rate down by at least 0.25 percentage points. The survey report states, "Respondents believe that 'tariff impacts' are the biggest downside risk to the U.S. economic outlook." Stricter immigration enforcement is also seen as a factor suppressing economic growth, while improvements in productivity are considered the most likely factor driving economic growth above expectations. Additionally, inflation is expected to be 2.9% by the end of this year.

Macroeconomic analyst Lyn Alden stated that Bitcoin is unlikely to experience a significant crash, as the market has not yet reached a frenzy state. She believes that as institutional demand and macroeconomic forces reshape the pace of Bitcoin, the traditional four-year cycle is weakening. Alden expects Bitcoin to return to the $100,000 mark in 2026, but she also cautions investors not to take for granted that every drop will immediately lead to a bull run.

Since April, the US stock market has experienced a severe fall, but executives of listed companies have actively bought back their own stocks during the market panic, creating a buying frenzy that provides some comfort to long positions. Against the backdrop of the decline in the S&P 500 index, the buying pace of insiders has reached its fastest in recent months, indicating their confidence in the market outlook.

According to Cryptonews, Strategy Executive Chairman Michael Saylor rebutted Wall Street's concerns that the increasing influence of Bitcoin is exacerbating the asset's fluctuations. On Tuesday, Saylor stated in an interview with Fox Business Channel that despite the accelerating pace of institutional adoption of Bitcoin, the price volatility of Bitcoin has actually diminished over time, pointing out that "volatility has significantly dropped." Saylor's comments come at a time of market turmoil. Data shows that Bitcoin has dropped nearly 12% in the past week to $91,616, erasing the gains made in 2025.

Odaily News According to 10x Research analysis, ETH has now fallen below the 7-day and 30-day moving averages, with a bearish technical pattern, and a decline of 6.6% in the past week. Meanwhile, ETH ETF has seen a net outflow of over $1.4 billion, with on-chain long-term holders holding for 3-10 years selling at the fastest pace since 2021, creating additional supply pressure. Despite the increased selling pressure, large addresses are reverse accumulating during the decline, with multiple whales accumulating over $1 billion worth of ETH.

Matrixport analysis shows that despite the total market capitalization of cryptocurrencies rising from $2.4 trillion to $3.7 trillion, the daily trading volume has decreased by 50%, indicating a cooling of market participation and possibly entering a cyclical bear market. Low liquidity is putting pressure on exchanges, and trading activity and revenue are both being suppressed.

Goldman Sachs report indicates that American investors are actively buying Japanese technology and artificial intelligence stocks, attracted by their strong returns. This year, the Nikkei 225 index has risen approximately 30% in USD, far outperforming the S&P 500 index. The pace of US capital inflows has reached its fastest since "Abenomics," with further growth potential ahead.

The Bank of England kept interest rates unchanged at 4%, a decision that caught the market off guard. The voting was nearly evenly split, with Bailey's stance being a key factor. Policymakers are awaiting more data, and the autumn budget will influence the pace of future policy adjustments.

According to ChainCatcher news, Jin10 reports that the Fed's FOMC statement indicates that inflation has risen this year and remains at a high level. Current data shows that the economy is expanding at a moderate pace. (Jin10)

Former Bank of Japan Councilor Koji Maeda stated that the Central Bank of Japan may raise interest rates in December to respond to the economic impact brought about by the new Prime Minister's expansionary fiscal policy. He warned that a slow pace of rate hikes could lead to a weak yen and rising living costs, thereby harming people's livelihoods.

Jin10 data reported on October 21 that senior officials of the Ukrainian military disclosed that to fend off the continued attacks from Russian forces, Ukraine deploys about 9,000 drones daily. This figure highlights that drones have become a key element in the current conflict. Ivan Pavlenko, head of the Ukrainian military's electronic warfare department, stated on Tuesday that this data includes bombing, reconnaissance, and logistics drones. When asked about the scale of drone usage, Pavlenko mentioned, "Currently, the daily average is expected to reach 7,000, 8,000, or even 9,000 drones." Retired U.S. General David Petraeus, who interviewed him, pointed out that this figure is "shocking," especially when compared to the reality of the United States' annual production of only several hundred thousand drones, and stated that "the pace of evolution on the battlefield is indeed astonishing." Pavlenko revealed that in recent months, the Ukrainian military has added multiple types of drones, including various interception drones. Some of these are specifically designed to counter the powerful Iranian-made "Shahed" drones and guided missiles used by Russian forces.

Golden Finance reported that the Governor of the Central Bank of Ghana, Johnson Asiama, stated that the country expects to pass a regulation bill for Crypto Assets and virtual assets by the end of December. The regulatory framework has been drafted, and the relevant bill is being submitted to parliament for review. During the International Monetary Fund meeting in Washington, Asiama pointed out that Ghana must accelerate the pace of regulating and monitoring encryption transactions to ensure the safety and transparency of the financial system.

The Federal Reserve Board of Governors member Waller suggested a gradual rate cut of 25 basis points to support the weak labor market, while Milan advocated for a larger cut of 50 basis points, arguing that a swift response to economic downturn risks is necessary. The two have differing views on the pace of rate cuts.

On October 16, Jin10 Data reported that Meta Platforms (META.O) is building a new megawatt-scale data center in Texas, USA, to advance its efforts in artificial intelligence. This is the latest in a series of significant investments by the company, which aims to keep pace in the highly competitive AI industry. The company announced on Wednesday that it will spend over $1.5 billion on the new facility being constructed in El Paso, Texas. Reportedly, the data center will ultimately have a capacity of 1 megawatt, providing power for high-performance computing chips related to AI projects. A company spokesperson stated that it is expected to go live by 2028.

Gate News Bot news, on October 14, according to CoinMarketCap data, as of the time of writing, 0G (0G) is currently priced at $2.22, falling by 3.23% in the last 24 hours, with a high of $2.85 and a low of $1.77. The current market capitalization is approximately $474 million, a decrease of $15.83 million compared to yesterday. 0G Foundation is the public interest manager of decentralized artificial intelligence. The foundation supports the world's first AI Layer 1 specifically designed for transparency, verifiability, and scalability. The mission of 0G is simple and clear: to hold artificial intelligence accountable to the public, ensuring transparency, fairness, and alignment with human needs. The 0G ecosystem is expanding at an unprecedented pace, achieving rapid adoption in infrastructure, research, and partnerships. 0G Recent Important News: 1

Jin10 data reports on October 14th that the GBP has fallen more than 40 points in the short-term, following data showing that average wages in the UK slowed in the quarter ending in August, suggesting that the Central Bank of the UK may be able to continue cutting interest rates, although the pace of rate cuts is very slow. The GBP/USD fell below the 1.33 level, having risen moderately before the data was released. The GBP also weakened against the euro, after previously being expected to record the largest single-day rise in nearly a month.

Jin10 data reported on October 10, analysts Brian Nagel and Andrew Chasanoff cited Oppenheimer's analysis of 200 products potentially affected by tariffs, stating that retailers have slowed the pace of price increases to offset the tariffs. As of October 6, the prices of 65 of these products have risen an average of 17% compared to April 28. This is consistent with readings from early September, indicating that price increases may be slowing down. Analysts noted that companies are still focused on protecting profit margins, but in the short term, they may remain vigilant about potential consumer demand ahead of the holiday sales season while also watching for potential judicial outcomes regarding tariff policy.

According to BlockBeats, on October 8, the crypto asset management company Bitwise predicts that the U.S. Bitcoin Spot ETF will attract record inflows in the fourth quarter, with the total for the year expected to surpass the total for 2024. Earlier this year, Bitwise Chief Investment Officer Matt Hougan predicted that Bitcoin ETF inflows in 2025 would exceed the $36 billion scale of the inaugural year. As of now, actual inflows are about $22.5 billion, and at this pace, it will reach $30 billion by the end of the year—slightly lower than the first year's achievement. However, in a memo to clients on Tuesday, Hougan expressed no concerns, expecting a strong fourth quarter to drive inflows to a historical high, with three major factors driving this event including the release by wealth management institutions, the big pump in Bitcoin prices, and the narrative of "hedging against currency depreciation."

Jin10 data reports on October 8th that Fed's Kashkari (not a voting member this year) warned on Tuesday that any significant rate cuts carry the risk of triggering inflation. Kashkari stated, "You may see high inflation in the economy. Essentially, if you try to push the pace of economic growth beyond its potential growth rate and the capacity to generate prices, it will ultimately lead to a widespread rise in prices." He warned that, given the economic growth is slowing and inflation persists, the current economic data shows some signs of stagflation.

According to Jinse Finance, CCTV News reports that The Federal Reserve Board of Governors member Stephen Milan has once again called for a more aggressive rate-cutting path, while emphasizing that his differences with other decision-makers "are not as significant as the outside world imagines." In an interview, Milan stated that if the policy deviates from its course, it should be adjusted "at a relatively rapid pace." He believes that the current policy is actually more restrictive on the rise, thus a looser monetary environment is needed.

Aster CEO Leonard stated in an interview that the second phase of Genesis will allocate 4% of the total supply as rewards, focusing on rewarding users who genuinely participate in trading, and measures will be taken to filter out wash trading accounts. The information on points allocation will be transparently announced, and the release pace will be adjusted to avoid market sell pressure.

Jin10 data reported on September 29 that Enjie Co., Ltd. recently stated during a survey that due to the oversupply in the membrane industry in the earlier stage, the overall capacity utilization rate of the industry is not high, with leading enterprises performing somewhat better. Therefore, the pace of new capacity addition in the industry has significantly slowed compared to previous years, especially with less new capacity added this year. The release of membrane capacity requires processes such as construction, customer validation, and capacity ramp-up, which takes a long time. This will greatly benefit the future improvement of the overall supply-demand pattern in the industry. With the recent strengthening of downstream demand, the company's current capacity utilization rate is relatively high.

BlockBeats news, on September 27, The Federal Reserve Board of Governors member Bowman stated in a dialogue regarding monetary policy decision-making methods: If these conditions persist (currently), it will be necessary to adjust policies at a faster pace and with greater intensity in the future. Strongly supports the Fed holding only government bonds. The Fed's FOMC should now take decisive and proactive action to address the weakening vitality of the labor market and emerging signs of fragility, and it is appropriate to disregard the one-time impact of tariffs. (Jin10)

Analysis published by Matrixport shows that there are inconsistent signals between the financing costs and leverage of Bitcoin, Ethereum, and SOL, as well as their trading volumes. The market structure remains fragile but also hints at potential trading opportunities. The dominant players in market liquidity are changing, and indicators such as Bitcoin's volatility and skew have shown structural changes, which may indicate a different pace in the future market. Key technical level breakthroughs need to be followed.

Jin10 data reported on September 25th that the U.S. economy grew at the fastest pace in nearly two years in the second quarter, with the U.S. government also revising its previous estimates of consumer spending upward. A report released by the U.S. on Thursday showed that the seasonally adjusted annual rate of U.S. GDP grew by 3.8% after inflation adjustments, which is stronger than the previously announced growth of 3.3%, while the first quarter experienced a complete contraction. The data indicates that the annual revisions are relatively small, with real GDP still growing at an average annual rate of 2.4% from 2019 to 2024, painting a picture of the economy rapidly rebounding from the initial shock of the pandemic, transitioning to a more stable trend growth period, despite the persistent inflation. The latest quarterly GDP data confirms that after a significant surge in imports early this year, the U.S. economy rebounded in the second quarter. The economy in the third quarter also appears robust, with recent reports showing resilience in consumer spending and business equipment spending.

The Federal Reserve Board of Governors member Milan pointed out that if interest rates are not dropped quickly, the Fed faces economic risks. He emphasized that the current high Interest Rate is too restrictive and suggested accelerating the pace of rate drops to reduce the risk of economic downturn impacts.

According to ChainCatcher news, as reported by Jin10, investors are flooding into futures linked to the Fed's benchmark overnight interest rate at a record pace amid tight risks in the short-term financing market at the end of the quarter. Data shows that the trading volume of federal funds futures for September contracts has approached 500,000, surpassing the record set on April 3. Some market participants are concerned that a reduction in reserves may trigger a surge in financing pressure at the end of the month, as dealers cut back on repurchase operations to meet regulatory requirements, thereby increasing financing costs. Traders expect the effective interest rate may rise to 4.1% before the end of the month.

On September 18, Jin10 reported that S&P Global Ratings stated in a report that the Bank of England's quantitative tightening plan is unlikely to disrupt the financing environment in the UK. Quantitative tightening refers to the process by which the central bank gradually reduces its holdings of bonds purchased during the quantitative easing period. The Bank of England has established a "demand-driven repurchase tool" to provide liquidity support for the UK financial system. S&P noted: "The design logic of this demand-driven tool is that the pace of quantitative tightening should not affect the supply of reserves."

Jin10 reported on September 18 that Fed Chairman Powell stated that the Fed is approaching but has not yet reached the moment when it needs to halt its long-standing quantitative tightening measures of reducing its balance sheet. Powell pointed out that reserves in the financial system remain ample, "We are getting close" to the moment when the Fed will be able to stop reducing its cash and bond holdings, but the current pace of reduction is quite small and will not have a broader impact on the economy.

U.S. Treasury yields remain stable while waiting for retail sales data and the Fed's interest rate decision. Analysts point out that if retail sales data is weak, it could support further easing policies, suppressing Treasury yields and the dollar; conversely, positive data may bring temporary relief. The market generally expects the Fed to cut rates by 25 basis points and to accelerate the pace of rate cuts.