Although the SEC has halted its investigation into AAVE, signaling a positive regulatory signal, the AAVE token price still dropped over 3%, currently hovering around $185. The overall bearish market sentiment suppressed the rebound, and key support levels were broken. Future prices may fluctuate between $130 and $355.

The Marshall Islands government has launched the world's first universal basic income project, ENRA, on the Stellar blockchain, distributing cash directly to citizens using sovereign bonds USDM1 through the Lomalo wallet. This innovative model combines traditional financial systems with blockchain technology, demonstrating the efficiency and transparency of digital payments.

【BlockBeats】Castle Investment's helm Ken Griffin recently revealed a market-related detail: Trump already has a preferred candidate for Federal Reserve Chair, but is currently unwilling to make it public. This wording actually reflects a deeper concern.
Griffin has publicly expressed multiple times in 2025 that he feels uneasy about Trump's frequent public criticisms of the Federal Reserve. His core point is straightforward—if the White House excessively intervenes in the Fed's independent operations, the consequences could be severe: inflation might rebound, and interest rate policies could become chaotic. For traders focused on macro cycles, what does this mean? It indicates that the future policy uncertainty of the Federal Reserve is on the rise.
Interestingly, Griffin said he knows Trump's candidate, but this statement may itself carry a hint of "warning"—the signal he might want to convey is: please do not interfere with the independence of the central bank, as this is crucial for the economy.

The US November employment report shows the unemployment rate rising to 4.564%, reflecting a softening trend in the labor market. Although Powell stated that the Federal Reserve will remain steady, the employment data supports a rate cut decision. Market expectations for a rate cut in January have changed, but overall, it is believed that the Federal Reserve will maintain its current policy.

【Crypto World】The Sui ecosystem has recently fallen into a liquidity crisis. Weak on-chain demand combined with a cooling derivatives market is exerting continuous selling pressure on this public chain.
Numbers speak the loudest. In the past 24 hours, open interest in futures contracts has dropped nearly 10%, falling from a high to a level of $6.797 billion. The longs are hit hardest, with liquidation amounts reaching $3.14 million, while the shorts' liquidation scale is only $89,000 — this huge contrast clearly indicates the situation. The long-to-short ratio has fallen to 0.92, meaning the shorts have taken control.
The ecosystem itself is also bleeding. Total Value Locked (TVL) has decreased by 3.3%, now only $869 million. Even more heartbreaking are stablecoin assets, which have lost over 25% of their market value in just one week, reflecting a decline in users' genuine confidence in on-chain applications.
From the candlestick charts and indicators, SUI has already fallen below the key support level of $1.50.

BNB Chain announces the launch of a new stablecoin aimed at integrating liquidity across multiple application scenarios to support larger-scale application demands. This will improve the efficiency of the DeFi ecosystem, enhance liquidity, and optimize the user trading experience.

The Global Professional Fund Manager Sentiment Index hits a new high since 2021, with cash reserves falling to historic lows. 42% of managers are overweight in stocks, indicating optimism. However, excessive optimism may signal a market correction. Tech stocks decline or drag down cryptocurrencies, but Federal Reserve rate cuts could trigger a new bull market for cryptocurrencies.

【BitPush】Recently, there have been many voices expressing concerns about the Stable project, but based on actual data, the fully diluted valuation (FDV) level at the time of launch was roughly in the same order of magnitude as Blast, which is worth noting.
Compared to other projects, Stable's participation method is particularly straightforward—no need to spend months tinkering with various applications, nor to hand over a large amount of ETH to the project team to participate in complex mechanisms. As long as you participate, you can earn approximately 25% annualized yield (APY), which is not low.
From a logical perspective, this design is more like returning to a yield-centric simple model, rather than a complex architecture that heavily relies on ecosystem narratives and requires long-term user engagement. For users mainly seeking stable returns and not wanting to deeply involve themselves in ecosystem operations, both entry and understanding costs are much lower. Of course, this

The actual U.S. unemployment rate in November was 4.6%, higher than the expected 4.4%, indicating a weakening labor market, which may boost expectations of the Federal Reserve cutting interest rates and benefit risk assets. This macroeconomic data could influence the cryptocurrency market and asset allocation strategies, so attention should be paid to the Federal Reserve's response measures.

Tonight's non-farm payroll data will be a watershed for the market, influencing the Fed's rate cut expectations and the interest rate path. Strong employment and wages beyond expectations will reduce rate cut expectations, leading to a stronger dollar and pressure on gold; conversely, it may reignite rate cut expectations, benefiting gold. If employment is weak but wages are strong, persistent inflation and slowing growth will increase market uncertainty, causing greater volatility.

A leading exchange is launching spot margin trading for European users, with leverage increased to 10x, and adopting cross-margin mode to enhance risk management transparency and security, attracting retail and institutional participation.

Canadian publicly listed company Matador Technologies announces a convertible bond financing plan with ATW Partners, with an initial funding of $10.5 million dedicated to purchasing Bitcoin, aiming to acquire up to 1,000 BTC by 2026. This move changes the company's previous long-term strategy regarding BTC holdings and reflects a reassessment of market conditions and financing structure.

BTCC announced recently its integration with the TradingView platform, allowing users to trade over 400 perpetual contracts directly on TradingView without switching applications. This new feature provides traders with a more convenient chart analysis and order placement experience, enhancing trading efficiency.

【Blockchain Rhythms】It's quite interesting. Recently, a major contract trading platform made a big move—spending $2 million to buy back WXT tokens, acquiring over 72.57 million tokens at an average price of 0.027559 USDT. Why did they do this? Simply put, it's to thank users for their enthusiastic support during the "contract mining" event.
This mining activity has been running since November 26, and user participation has been extremely enthusiastic. Seeing this enthusiasm, the platform decided to extend the event until December 25, giving everyone enough time to continue earning rewards. The mechanism is quite straightforward—by signing up for contract trading, the larger your trading volume, the higher the WXT fee rebate ratio, which can reach up to 30%.
Looking at the performance of the WXT token itself, it’s even more interesting. Since its launch in July last year, it has surged by over 358%, which is really impressive. Moreover, the platform has conducted three buyback and burn events, destroying the WXT tokens.