[Coin World] MicroStrategy founder Michael Saylor recently put forward an interesting concept – likening the company's strategy to a "digital credit factory". This statement seems to imply that by allocating Bitcoin and digital assets, companies can create a brand new model for value creation.
This mindset actually reflects a traditional enterprise's renewed understanding of crypto assets. Rather than simply viewing Bitcoin as a reserve asset or investment, it is better seen as a tool for constructing new business models. Through this approach, companies may achieve the dual objectives of asset appreciation and strategic innovation.
Interestingly, the timing of this viewpoint is quite sensitive. Against the backdrop of institutional investors accelerating their entry and the continuous improvement of the Bitcoin ecosystem, more and more companies are starting to seriously consider how to integrate digital assets into their core strategies. What do you think of the concept of a "digital credit factory"?

Industry insiders from Maple Finance have pointed out that in the future, institutional investors will no longer distinguish between Decentralized Finance and TradFi, as Blockchain will become the core of financial infrastructure. As Capital Market activities shift on-chain, Crypto Assets and on-chain technology will drive the efficiency of financial transactions, gradually replacing traditional systems.

Recently, the spot trading volume of the SOL-USD trading pair on the Solana blockchain has continued to rise, surpassing some leading exchanges, overall indicating that Solana is transforming from a high-performance public chain into a Liquidity hub, reflecting the mature development of the on-chain trading ecosystem and Decentralized Finance liquidity.

Recently, the Ethereum community discussed an incident where 50 million USDT was phished and transferred away. The scammers successfully deceived the funds by using a similar method to the target Wallet Address. The problem lies in the truncation of the Address by Wallets and blockchain explorers, which causes users to overlook alterations in the middle part. The community suggests stopping the truncation display of Addresses to enhance security and calls on developers to prioritize security design. This incident reminds everyone that details determine safety.

On-chain monitoring data shows that a large investor is going long on HYPE on Hyperliquid, with a position size of $14.73 million, using 9.5x full leverage. Although this indicates a positive outlook for the short-term trend, high leverage also brings liquidation risks. The subsequent market trends need to be continuously followed.

The prediction market data from Polymarket shows that the probability of National Economic Council Director Hassett taking over as chairman of the Fed is 56%, far surpassing other candidates Walsh at 22% and Waller at 12%. This personnel change will have a significant impact on financial markets, especially on encryption assets.

A well-known trader has just closed their long positions in Bitcoin and HYPE, currently holding 5400 Ether long orders with 25x leverage. This week, they made 12 profitable trades and suffered 3 losses, but overall they are still down about $1.46 million, reflecting the uncertainty in high-risk operations.

Well-known investor "Majic Brother" Huang Licheng has recently continued to increase his positions, holding long orders of 16.6 million USD in ETH, 1.5 million USD in BTC, and 630,000 USD in HYPE, demonstrating his optimism towards Ethereum and top assets.

[Coin World] The Cardano project party has recently found itself in a bit of an awkward situation. The U.S. policy team directly included ADA in the planned "encryption strategic reserve" without any prior notice. The project founder expressed confusion, stating that he only learned about this from public channels.
To be honest, this kind of policy support will definitely enhance the brand in the long run. But the problem is that this has created an awkward situation: the project's technical development direction and the external political topics are starting to misalign. The project party wants to discuss technology, but public opinion is focusing on policy expectations; this lack of synchronization may actually cause difficulties in future communication.
From the market reaction, this news has almost no direct impact on the price of ADA. Anyway, it fluctuates just like the overall market, with no one-sided trend.

A large Whale in the BTC space currently has long positions exceeding $730 million, with unrealized losses reaching $41 million. Its main exposures are in ETH, BTC, and SOL, with the biggest losses particularly in ETH. Adjustments to large long positions could impact the market.

The latest "World Trade Report 2025" by the WTO predicts that if supporting policies follow, AI will drive a rise in cross-border trade by 34% to 37% over the next 15 years, with global GDP growth reaching 12% to 13%. The report emphasizes the need to bridge the digital infrastructure gap, enhance skills training, and ensure an open trade environment. Against this backdrop, the global economy is accelerating its digitalization, affecting capital flows.

[Coin World] BTC's performance in the last 4 hours is worth following. Compared to the price on 2025-12-20 12:00:00, there has been a significant rise, although there is a slight pullback compared to the period of 2025-12-19 08:00:00. The candlestick shows a small bullish candle pattern, with the latest one being a standard bullish line, and the closing price is higher than the opening price.
But there is a problem with the trading volume - it has clearly shrunk compared to the previous few hours. Prices are rising while trading volume is falling, which is a typical phenomenon of divergence between volume and price, indicating that the momentum of the rise is weakening.
The signals given by technical indicators are not particularly strong. The MACD does not provide clear trend guidance; the histogram remains positive but is continuously shrinking, reflecting a gradual decline in bullish strength. The KDJ indicator is in a neutral state, with a current value of 73, showing neither a golden cross nor a death cross, indicating that the direction is still not clear. Regarding moving averages, the MA10 is indeed running at

In the past week, NFT market trading volume increased by 11.31%, surpassing $68 million, with a significant rise in the number of participants, indicating a recovery in market activity. Ethereum trading volume grew by 36.23%, Polygon had the fastest growth, while BNB Chain declined. High-value transactions are frequent, demonstrating that the demand for collectibles remains strong.

The Ethereum core development team is pushing forward a major upgrade called Glamsterdam, aimed at addressing the unfairness of MEV. The upgrade includes the EIP-7732 proposal, which separates Proposer and Builder to reduce reliance on centralized tools and enhance fairness and censorship resistance. Additionally, EIP-7928 introduces block-level access lists to improve block execution efficiency and stability. The complete list of EIPs is still being finalized.

Swedish Hilbert Group acquires high-frequency trading platform Enigma Nordic for $32 million, aiming to integrate its technology into hedge fund products and connect traditional finance with the crypto market. Enigma's quantitative engine performs well, with significantly improved risk-adjusted returns. This transaction reflects the increasing importance of data-driven trading strategies among institutional capital.

【Crypto World】On-Chain researcher Specter has revealed the latest developments in a major theft case. Yesterday, an address that lost 50 million USDT due to phishing on the chain made a direct call to the attacker— the message was quite straightforward— an official case has been filed.
The victim has mobilized law enforcement agencies, cybersecurity experts, and multiple blockchain protocols, gathering a large amount of actionable intelligence regarding the attacker’s activities. Even more intense, the wallet controlled by the attacker is now under 24/7 surveillance, with every move being watched.
Next comes the negotiation phase. The victim has presented a clear proposal: the attacker must return 98% of the stolen assets to a designated address within 48 hours. In exchange, a $1 million bounty will be offered— as a reward for "discovering and disclosing" the vulnerability. Of course, this entire proposal hinges on the attacker fully cooperating and acting promptly.

【BitPush】On-chain monitoring data shows that two related addresses have made significant moves within the past 1 hour. The main actor in this operation bought 5678 ETH at an average price of $2985.7 in a single transaction, spending $16.95 million. Interestingly, the same entity participated in the market from December 3 to December 12, investing $14.97 million at that time, and exited profitably with a gain of $137,000. Now they are adding to their position again, indicating that this large holder still has confidence in the current price. Such frequent whale activities often suggest that market participants are actively adjusting their positions.

【CryptoPunk】There's something to say—MSCI might kick companies with large digital asset holdings out of the index.
According to the latest information, MSCI made a proposal in October: any company with digital asset holdings accounting for 50% or more of total assets will be removed from the global benchmark index. What's the reason? MSCI believes these companies are more like investment funds, and funds themselves are not within their index scope.
However, this idea has faced opposition from many companies. Many firms have expressed their disagreement— we're not just a fund; we're engaged in actual operations and developing real innovative products. The implication is that MSCI's standards are too unfair to the crypto industry.
How serious is the issue? Analysts did some calculations: if truly removed from the index, certain Bitcoin-heavy companies could face a demand drop of about $9 billion in their stocks. This is not just a matter for individual companies; it affects the entire sector.