Bitcoin is regarded as a "savings reservoir" for global excess capital, attracting capital during periods of low interest rates and limited investment opportunities. Long-term holders, ETFs, and others view it as a strategic reserve, resulting in supply-demand asymmetry and creating a "ratchet effect," where each post-correction bottom is higher than the previous one.

The BRICS countries have launched a gold-backed digital trade currency called "Unit," supported by a reserve basket consisting of 40% physical gold and 60% BRICS national currencies. Although it has not yet become official policy, this pilot project is a step toward de-dollarization. Currently, the value of one Unit is approximately 0.9823 grams of gold.

Hyperliquid announces native interoperability of USDC between HyperCore and HyperEVM, which will eventually replace the Arbitrum cross-chain bridge. The related features are still being improved, and users can continue using the existing bridge without any adjustments. HyperCore supports one-click deposits from CCTP ecosystem chains, and support for other chains will be launched gradually.

PANews, December 7—Solana Foundation President Lily Liu posted on X, calling for lending protocols Kamino and Jupiter Lend within the ecosystem to stop attacking each other and focus on growing the market. According to Lily Liu, the current size of the Solana lending market is about $5 billion, while the Ethereum market is 10 times larger, and the size of the traditional finance collateral market is tens of thousands of times bigger. Liu stated: We can attack each other (such as one-click loan position transfers, mocking and harsh comments, etc.), or we can focus on capturing market share from the broader crypto and TradFi markets. Previously, Jupiter Exchange COO Kash Dhanda recently responded to community concerns about its lending product Jupiter Lend, admitting that this

Jack Mallers posted on X, revealing that Twenty One Capital will be listed on the New York Stock Exchange on December 9 and will transfer 43,500 Bitcoins to a self-custody account to update its proof of reserves.

According to Jinse Finance, Hasu, Lido's strategic advisor and Flashbots' strategy director, commented on Vitalik's call to establish an on-chain gas futures market on the X platform. He stated that the market lacks natural short sellers: a large number of users are inherently exposed to gas costs (short) and wish to hedge, but almost no one in the market is willing to take the long side on gas, so liquidity may be insufficient, making it difficult to form a meaningful market size. In response, Vitalik suggested that the protocol itself could act as the market's short seller, that is, by auctioning future base fees on-chain.

BlockBeats News, December 7 — According to the latest data released by CryptoRank, the average cash cost for mining one Bitcoin has risen to $74,600. When factoring in depreciation and stock-based compensation (SBC), the all-in cost reaches $137,800. As the total network hash rate surpasses the symbolic milestone of 1 ZH/s, competition has intensified significantly, leading to a sharp decline in miners’ profitability. This trend is prompting many publicly listed mining companies to shift their capacity toward higher-margin businesses such as AI/HPC (High-Performance Computing), rather than continuing to invest in traditional Bitcoin mining. As a result, the industry is now splitting into two main models: • Infrastructure Providers: repositioning mining data centers for high-profit computing businesses • Traditional Miners: struggling to survive in an increasingly competitive, near-zero profit environment.

The Solana community questions Jupiter Lend's risk disclosure, and Fluid's co-founder admits that their vaults have issues with rehypothecation and are not fully isolated. Kamino's co-founder states they will block the migration of Jupiter Lend tools, believing users are being misled. The controversy centers on the fact that Jupiter Lend's claimed isolated vaults actually use rehypothecation technology.

PANews, December 5—According to Jintou, Joanne Hsu, Director of the University of Michigan's Consumer Survey, stated that the preliminary December consumer sentiment index rose by 2.3 points to 53.3, an increase within the margin of error. This month's growth is mainly concentrated among younger consumer groups. Although views on current conditions have changed little, expectations have improved—personal financial expectations rose by 13%, and the trend of improvement is seen across all age, income, education, and political orientation groups. However, the December personal finance expectations index is still nearly 12% lower than at the beginning of the year. Labor market expectations have improved slightly but remain relatively sluggish. Consumers believe some indicators have improved slightly compared to November, but overall sentiment remains generally cautious, with the burden of high prices continuing to be cited as a major ongoing pressure. Looking ahead, one-year inflation expectations fell from 4.5% in November to 4.1% in December, the lowest level since January 2025.

According to Gate News Bot, as of December 5, according to CoinMarketCap data, CLO (Yei Finance) is currently trading at $0.40, up 11.29% in 24 hours, with a high of $0.40 and a low of $0.32. The current market capitalization is approximately $51.4 million, an increase of $5.21 million compared to yesterday. Yei Finance is a multi-chain DeFi platform offering lending, trading, and cross-chain bridging services. Its main products include Pre-storage Vaults, YeiLend, and YeiSwap. Pre-storage Vaults allow users to make one-time deposits and earn yields across multiple chains. YeiLend provides a lending market where users can supply or borrow various tokens. YeiSwap is a decentralized exchange supporting token trading on the Sei chain. Yei Finance aims to provide users with a simple and efficient multi-chain DeFi experience.

Odaily Planet Daily news: According to official data, the world-leading crypto asset trading platform Gate has officially launched a new security product, Gate Safe, earlier. Since its launch, the product has attracted over 10,000 users to apply for use. Currently, "Gate Safe" is available for free for a limited time to VIP3 and above users, and is one of the important value-added services in the Gate VIP system. In addition to the Safe, VIP users can also enjoy multiple premium benefits such as private wealth management and exclusive VIP financial products, achieving a comprehensive upgrade in both asset security and management experience. It is reported that "Gate Safe" is based on Multi-Party Computation (MPC, Multi-Party

Caldera launches the "On-Chain Expansion Plan," extending the ERA token to more networks and liquidity venues. The first step is going live on Arbitrum One and creating an ERA/USDC liquidity pool. This plan will support second-level cross-chain transfers and a unified liquidity experience. In the future, deeper cross-chain liquidity initiatives will be developed.

Gate News Bot message, December 5th, according to CoinMarketCap data, as of press time, LUNC (Terra Classic) is currently priced at $0.000031, up 10.00% in 24 hours, reaching a high of $0.000031 and a low of $0.000026. The current market capitalization is about $171 million, an increase of nearly $15.5 million from yesterday. Terra Classic is an open-source, decentralized blockchain protected by Tendermint consensus and built on Cosmos-SDK. It split from the original Terra network and now operates independently, maintained by a diverse set of validators and one of the most active grassroots communities in the crypto space. Blocks are finalized in about 6 seconds, fees remain below 1 cent, and the chain retains control over

Gate News bot message, a notable cryptocurrency whale executed multiple deposits to centralized exchanges (CEX), resulting in a substantial loss exceeding $4 million on previously held assets for over one year. The transactions included 3.43 million ONDO tokens valued at $1.69 million with a loss o

Gate News bot message, latest ETF flow data as of December 4 shows varying trends across major cryptocurrency funds. Bitcoin ETFs recorded a negative one-day net flow of -349 BTC (-$32.19M), while maintaining a positive seven-day net flow of +1,211 BTC (+$111.79M). Ethereum ETFs demonstrated stro

Foresight News reports, citing The Block, that Aave Labs has expanded its partnership with CoW Swap by integrating the DEX aggregator’s solver network into all swap functions on Aave.com, and has launched a flash loan product specifically built for intent-based infrastructure. According to Aave Labs and CoW Swap, the new model enables developers and advanced users to execute complex transactions more efficiently, unlocking previously hard-to-achieve use cases such as arbitrage, refinancing, and automation. Once the integration is complete, Aave.com will route asset swaps, collateral swaps, debt swaps, and “repay with collateral” features through CoW Protocol’s batch auction execution system, allowing users to manage every part of their loan lifecycle in one place. Assets supported by CoW Protocol, coll

Twenty One Capital, Inc. and Cantor Equity Partners, Inc. announced the completion of their business merger. CEP shareholders have approved the relevant proposals, and the merger and PIPE financing are expected to be completed on December 8, 2025. After the merger, the company will be listed on the New York Stock Exchange under the ticker symbol "XXI."

The US spot XRP ETF continues to attract capital, with net inflows for 12 consecutive days as of December 2, bringing total assets under management to $844.9 million—just one step away from the $1 billion AUM milestone. On December 1, there was an inflow of $89.65 million, followed by an additional $67.7 million the next day. Meanwhile, companies such as Invesco and Franklin Templeton have submitted applications to launch their own XRP ETFs. In comparison, the spot Solana ETF has an AUM of $651 million, while spot Bitcoin and Ethereum ETFs have $57.7 billion and $12.8 billion, respectively. In the DeFi sector, XRP is seeing new staking opportunities. The Firelight protocol, incubated by Sentora and supported by Flare, has launched an on-chain insurance product based on staking, offering yield options for XRP holders and addressing the insurance gap for over $1 billion in annual losses from exploit attacks, bringing real economic value to investors.

SUI may see an upside potential of up to 40% in the coming days, with the most significant positive factor being that a US-compliant CEX is expanding its trading services to the New York market. New York is considered one of the most strictly regulated crypto markets in the US, and this move means that previously restricted institutional investors, registered investment advisors, and retail investors can now officially access SUI, significantly increasing the token's liquidity and regulatory recognition. Meanwhile, traditional financial giant Vanguard has also indirectly included SUI through its tradable "Top Ten Cryptocurrencies" funds—including 21Shares (TTOPP) and Bitwise (BITW)—thereby attracting more conservative and long-term oriented traditional financial capital. For investors unable to hold crypto assets directly, this opens another compliant investment channel for SUI.

The first Chainlink ETF (ticker GLNK) launched by Grayscale recorded over $41 million in inflows on its first day of trading, making it one of the most impressive new crypto asset products in the current market. Despite the overall downturn in the crypto market over the past two months, GLNK has still demonstrated strong capital-attracting ability, drawing significant interest from investors focused on data oracle ecosystems and tokenization infrastructure. According to Bloomberg ETF analyst James Seyffart, GLNK's first-day performance was “exceptionally strong.” The product's assets under management once rose to $64 million, and first-day trading volume was also active, indicating that investor interest in Chainlink as a key infrastructure asset is growing rapidly. He further noted that given the current weakness in the crypto market, GLNK’s achievement is particularly impressive, highlighting both institutional and retail investors’ long-term recognition of the oracle sector.

PANews, December 4—Following its previous $12 million subscription for 20 million GNK tokens, Bitfury has announced an official increase in its overall strategic investment in Gonka to $50 million, making it one of the key pillars of this decentralized AI computing power network. The committed $50 million will be used to accelerate the development of the Gonka protocol and ecosystem, promoting the expansion and global adoption of its efficient GPU network infrastructure. The Gonka team pointed out that the network uses a PoW (Proof-of-Work) model tailored for real AI inference/training tasks, allowing contributors ranging from single-card GPUs to large data centers to directly participate in computing power sharing without the need for traditional cloud service providers or centralized computing providers. Since its official launch in August 2025, Gonka’s distributed

Cantor Equity Partners shareholders have approved the merger plan with Twenty One Capital, founded by Jack Mallers, which is expected to be completed on December 8. After the merger, the company will be renamed Twenty One Capital, Inc. and will be listed on the New York Stock Exchange on December 9, becoming the first native Bitcoin company to go public.

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

Odaily Planet Daily news: X platform fintech blogger @oostmarcel revealed that Revolut, the largest financial app in Europe with 65 million users, has launched "Street Mode," which is considered one of the smartest security upgrades in fintech this year. It is reported that due to the surge in mobile phone thefts in Europe and the escalation of criminal methods—where robbers force victims to complete selfie verification before fleeing, a trend known as "transfer robbery"—Revolut's solution is "context-aware security." This feature allows users to set "trusted locations" (such as home, office, hotel), and outside these areas, transfers exceeding a set limit will trigger extra selfie verification and a 1-hour delay restriction. This 1 hour is a critical window during which users or anti-fraud teams can freeze the funds in time. In comparison, traditional banks' security measures are static, while Revo

Gate News bot message, a Bitcoin whale address (34qy7UDjMHxWdZAh9FMcZQ5gNXM3JYuygN) that remained inactive for one year has resumed activity by transferring 171 BTC (valued at $15.79 million) from a centralized exchange, according to data from Nansen.

The options contract activity for BlackRock's spot Bitcoin ETF (IBIT) continues to climb. As of Tuesday, IBIT had 7,714,246 open interest (O.I.) contracts, ranking ninth among all U.S.-listed stocks, ETFs, and index options, and second among stock options alone. Data shows that Bitcoin ETF options are rapidly becoming one of the most closely watched macro assets in the U.S. market. BloFin Research pointed out that if Deribit open interest is included, IBIT options' scale can rival that of VIX and SPY options, further solidifying Bitcoin’s status as a macro asset. IBIT options were launched in November 2024, providing ETF holders with risk management tools while meeting institutional investors' demand for regulated options trading. Traders widely use these options for hedging, speculation, and covered call strategies.

According to Bloomberg, on Tuesday, cryptocurrency mining company American Bitcoin Corp.'s stock price plummeted 51% within 26 minutes, marking a period of extreme market volatility and sparking concerns about the Trump family's involvement in the digital currency sector. Just one minute after Wall Street trading began, the stock dropped 33%, fell to 42% after five minutes, and by 9:56, the decline exceeded 50%. This sharp drop has made American Bitcoin a symbol of crypto market turmoil by the end of 2025 and exposed the vulnerability of several Trump family-backed crypto projects. Trump-affiliated projects have seen declines far greater than the overall market. The World Liberty Financial (WLFI) token has fallen 51% from its peak in early September, Alt5 Sigma has crashed about 75% due to legal issues, and meme coins named after the President and First Lady have plunged 90%-99%. American Bitcoin, founded by Eric Trump, has also tumbled 75%. These fluctuations have significantly eroded the crypto wealth the Trump family accumulated earlier this year and have impacted both the digital asset industry and public confidence.

Franklin Templeton's Solana ETF has received official approval from the New York Stock Exchange Arca (NYSE Arca) and is about to enter the trading phase. This means the fund will soon become one of the newest Solana (SOL) spot ETFs on the US market, competing with six existing SOL funds for the attention of institutional and retail investors. According to the latest filing submitted to the US Securities and Exchange Commission (SEC), NYSE Arca has approved the ETF's listing application, which is the final key step before the product begins trading. Franklin Templeton had previously submitted its final regulatory documents, which typically means the fund can be launched on the market within a few days. Notably, the company recently successfully launched an XRP ETF, and the advancement of this SOL ETF is seen as an important move in its proactive strategy to expand into crypto assets.

Bitcoin (BTC) saw a strong rebound of nearly 10% within 24 hours after Vanguard suddenly lifted its ban on Bitcoin ETF trading, pushing the price above $93,000 and marking one of the sharpest rallies this quarter. This market movement has been dubbed the “Vanguard Degen Effect,” reflecting the rapid influx of conservative capital into the crypto market following the lifting of restrictions. Bitcoin’s surge began during Tuesday’s U.S. market open, with prices surging toward $91,000 and a large number of leveraged short positions being liquidated, further driving the market upward. Against this backdrop, Vanguard announced it would allow trading of Bitcoin, Ethereum, XRP, Solana, and other crypto ETFs, ending its years-long ban on crypto.

In the past three months, Bitcoin has dropped by about 18%, sparking concerns in the market about a potential “crypto winter.” On Tuesday, the stock price of US Bitcoin companies plummeted by around 40%, causing panic among some investors. However, the latest report from Glassnode and Fasanara Digital indicates that market structure indicators suggest this downturn is more of a cyclical adjustment rather than a complete collapse. The report points out that since the cycle low in 2022, Bitcoin has attracted over $732 billion in new capital, with a realized market value of around $1.1 trillion. The spot price has risen from $16,000 to approximately $126,000. Realized market value is typically the first indicator to contract during a crypto winter, but there has been no significant shrinkage so far. At the same time, one-year realized volatility has decreased from 84% to about 43%, indicating increased liquidity. ETFs and cash-margined derivatives trading have become active, suppressing price volatility.

The latest report from Glassnode shows that the Bitcoin market is entering a more mature cycle, with a significant increase in institutional participation, decreased market volatility, and rapid expansion in the scale of tokenized real-world assets (RWA). Data indicates that approximately $732 billion in new capital has been absorbed this cycle, and one-year realized volatility has nearly halved, demonstrating sustained improvement in market stability. In the past 90 days, Bitcoin’s on-chain settlement volume was about $6.9 trillion, on par with payment giants such as Visa and Mastercard. Although some trading has shifted to ETFs and brokerage channels, on-chain transactions still dominate. Capital inflows into regulated ETFs are driving funds to move through traditional channels, enhancing market liquidity and reducing spot volatility.

Litecoin (LTC) surged 10% today, making it one of the best-performing major cryptocurrencies in the market. One of the key factors driving the rally is the official launch of Vanguard’s LTCC spot ETF channel this morning, which provides traditional finance users with more convenient access to Litecoin exposure and has significantly boosted market sentiment. From a price structure perspective, LTC is currently moving within an increasingly tight symmetrical triangle. It has recently found strong support and rebounded near $77.51, and at the time of writing, remains stable at around $82.94. The pattern is approaching its apex, indicating a potential breakout may be imminent. Each time the price tests the lower boundary it quickly rebounds, showing that buying momentum is strengthening.

According to Gate News Bot on December 3, citing CoinMarketCap data, as of press time, BOB (Build on Bitcoin) is trading at $0.02, up 63.62% in 24 hours, with a high of $0.02 and a low of $0.01. BOB is the gateway to Bitcoin DeFi. BOB's hybrid chain combines Bitcoin’s unparalleled security with Ethereum’s versatility, unlocking real utility for the world's most important asset. BOB offers a one-stop Bitcoin DeFi platform that includes one-click yield, multi-chain BTC DeFi, native BTC enabled by BitVM, the BOB Gateway SDK, and cross-chain swaps. The BOB hybrid chain technology integrates Bitcoin’s security with Ethereum Virtual Machine compatibility, featuring ZK proofs, native BTC bridging, and decentralized finance capabilities.

According to Gate News Bot on December 3, citing CoinMarketCap data, as of press time, PENGU (Pudgy Penguins) is trading at $0.01, up 26.27% in the past 24 hours, with a high of $0.012. Its current market capitalization is approximately $764 million, an increase of $159 million from yesterday. Pudgy Penguins is an Ethereum-based NFT project consisting of 8,888 uniquely generated penguin NFTs. The project has grown into one of the most influential communities in the cryptocurrency space, from large companies using penguin imagery, to appearances in ETF commercials, to having millions of followers and over 100 billion views on social media. Pengu has become a cultural symbol. The PENGU token allows the ever-expanding Pudgy Penguin fan base, as well as hundreds of millions of people who see and share Pudgy Penguins in their daily lives, to join The Huddle community. PENGU symbolizes community, memes, and positive vibes.

According to Foresight News, citing the Q4 digital asset report released by glassnode, this cycle has seen $732 billion in new capital flow into Bitcoin. The 1-year realized volatility has nearly halved, and market trading is calmer, larger in scale, and has higher institutional participation. In the past 90 days, Bitcoin settlement volume was approximately $6.9 trillion, on par with or higher than Visa and Mastercard. As capital flows to ETFs and brokers, trading activity is shifting off-chain, but Bitcoin and stablecoins still dominate on-chain settlements. The scale of tokenized RWAs grew from $7 billion to $24 billion within a year, marking the strongest phase of institutional adoption to date. Tokenized funds are one of the fastest-growing areas for 2025, providing new distribution channels for asset management companies and offering investment opportunities to previously underserved investors.

According to Gate News Bot on December 3, citing CoinMarketCap data, as of press time, BRETT (Brett (Based)) is trading at $0.02, up 36.88% in the past 24 hours, with a high of $0.02 and a low of $0.01. The current market cap is about $203 million, an increase of $54.7 million compared to yesterday. BRETT is a fan tribute token based on the BASE blockchain, originating from the legendary character Brett in Matt Furie’s Boys' Club comic. As the blue mascot of the BASE chain, BRETT has become one of the most important cultural icons in the cryptocurrency space. The token distribution is 85% for the liquidity pool, 10% for the treasury, and 5% for the CEX wallet. BRETT has established strategic partnerships with leading companies in the crypto space.

Gate 新闻机器人消息，区块链数据显示鲸鱼钱包 0x26b5 通过两笔独立交易增加了其 EDEL 代币持有量。一周前，这个鲸鱼地址投资了 50,000 USDC 以获得 132 万 EDEL 代币。在随后的动作中，同一个钱包桥接了 20 姨太 (worth appro