The U.S. federal banking regulators confirm that banks can engage in Crypto Assets related business.
According to market news, the U.S. federal banking regulators stated that banks can legally engage in the buying, selling, and custody of Crypto Assets.

JPMorgan: The Bank of Japan may continue to raise interest rates.
JPMorgan economist Ayako Fujita stated in a report that the Bank of Japan may continue to raise interest rates to alleviate concerns about the weak yen. Bank of Japan Governor Kazuo Ueda said at a press conference last Friday that some committee members expressed concerns about the impact of the yen's depreciation on future inflation. Many reporters questioned whether the continuous depreciation of the yen was due to the Bank of Japan delaying policy adjustments.
JPMorgan expects the Bank of Japan to raise interest rates twi

Victory Securities will impose a "buying restriction" arrangement on virtual asset accounts identified as "Mainland IP".
According to Hong Kong media reports, local brokerages in Hong Kong have begun to tighten regulations on investing in virtual assets in mainland China. According to a notice sent by Victory Securities to its clients, starting from December 19, 2025, a "buying prohibition" will be implemented on virtual asset accounts identified by the system as coming from "mainland IP" addresses, a move that is suspected to close loopholes.

Spot gold broke through the October 20 high of 4381.4 USD/ounce, setting a new historical high.
On December 22, according to Jinshi Data, Spot gold broke through the high point of October 20 at $4381.4 per ounce, setting a new historical high.

Bloomberg: A new draft from the U.S. House of Representatives proposes tax havens for stablecoins and encryption staking.
On December 22, Bloomberg reported that bipartisan lawmakers in the U.S. House of Representatives are drafting a cryptocurrency tax framework that will provide a safe harbor for certain stablecoin transactions and delay the taxation of rewards received for validating blockchain transactions.
Republican Congressman Max Miller of Ohio and Democratic Congressman Steven Horsford of Nevada jointly introduced this draft, aiming to align the tax treatment of cryptocurrency with th

F2Pool Co-founder: Last year, to confirm whether the Private Key was leaked, the hacker transferred in 500 Bitcoins and took away 490 Bitcoins.
Regarding the community's hot discussion about the 50 million USDT phishing attack, F2Pool co-founder Wang Chun tweeted, "Last year, I suspected my Private Key was leaked. To confirm if the address was really hacked, I transferred 500 Bitcoins to that address. To my surprise, the Hacker 'generously' only took 490 Bitcoins, leaving me with 10 Bitcoins, enough for my livelihood."

The encryption industry responds intensively to U.S. Senator Cynthia Lummis not seeking reelection.
U.S. Senator Cynthia Lummis announced that she will not seek re-election, a decision that has sparked reactions within the encryption industry. Lummis has long been viewed as a key figure in Congress supporting Bitcoin and encryption assets, and many in the industry have expressed their gratitude, believing that her policy advocacy has had a positive impact on the industry's development: Collin McCune (Head of Government Affairs at a16z): Without Lummis's efforts in Congress, the encrypt

Analysis: Bitcoin's RSI relative to gold has fallen to a nearly three-year low, regarded as the bull-bear boundary.
The price of Bitcoin against gold (BTC/XAU) has dropped to about the level of 20 ounces of gold, marking the lowest since the beginning of 2024. Meanwhile, the weekly RSI indicator for this ratio has fallen to around 29.5 (oversold area), close to a three-year low. Data shows that this RSI oversold area has historically often appeared near the bottoms of bear markets, with some analysts believing this could mean Bitcoin is undervalued and there is potential for a rebound in t

USDC issuance decreased by approximately 1.2 billion pieces within a week.
Circle's official information shows that in the week ending December 18 local time, a total of approximately 4.7 billion USDC was issued, around 6 billion USDC was redeemed, and the circulation decreased by about 1.2 billion USDC. As of December 18 local time, the circulating supply of USDC is approximately 77.2 billion, with reserve assets valued at about 77.5 billion USD.

Macroeconomic Outlook for Next Week: Market Focus on Fed Chair Nominee, GDP Data to Test Rate Cut Results
Next week will welcome the Christmas market, and the US stock market will close early on Wednesday and remain closed all day on Thursday.
The market is focused on whether Trump will announce the Fed chair nominee during the Christmas period. Currently, the probability of Kevin Hasset, the Director of the National Economic Council, becoming the next Fed chair has significantly increased again, to about 54%. Former Fed governor Kevin Warsh has a nomination probability of about 21%, while Fed

Security Alert: Malicious project disguised as "copy trading Bots" for Private Key theft appears on GitHub.
The GitHub project polymarket-copy-trading-bot has been implanted with malicious code. The program automatically reads the user's wallet Private Key from the .env file upon startup and sends it to the hacker's server through a hidden malicious dependency package excluder-mcp-package@1.0.4, resulting in asset theft.

Etherealize Co-founder: The encryption industry needs to demonstrate practical use before Trump leaves office.
Danny Ryan, co-founder of Etherealize, stated that the encryption industry needs to "prove its value" before Trump leaves office to avoid facing policy reversals after future government changes.
He pointed out that the U.S. government is currently promoting legislation and regulatory improvements to support encryption, but this environment will not always exist, so the industry should expedite the implementation of systems and the integration with capital markets.
Ryan stated that if

U.S. lawmakers are drafting a new bill to exempt capital gains tax on transactions of stablecoins under $200.
U.S. lawmakers are drafting a cryptocurrency tax bill called the Digital Asset PARITY Act, which will exempt capital gains tax on stablecoin transactions under $200, and staking and mining rewards will also receive a five-year tax deferment option.

Bitcoin miners' income drops by 11%, facing the risk of surrender
According to market reports: Bitcoin miners are facing the risk of surrender as their income has declined by 11% since mid-October due to a divergence between revenue and mining difficulty.

Data: In the past 24 hours, the total liquidation across the entire network was $181 million, with short positions liquidated at $114 million.
According to CoinAnk data, in the past 24 hours, the total liquidation was $181 million, with long positions liquidated at $66.9 million and short positions at $114 million. Among them, Bitcoin liquidations amounted to $64.64 million, and Ethereum liquidations amounted to $48.32 million.

Institutions: If the unemployment rate rises by 0.1% each month, the Federal Reserve's room to cut interest rates is underestimated
In November, the US inflation rate was far below economists' forecasts, and the unemployment rate unexpectedly increased that month. Due to information distortion and incompleteness caused by the 43-day federal government shutdown, investors have been reluctant to interpret these data too much.
Manulife Investment Management US interest rate and mortgage trading head Michael Lorizio said: "Even considering this, it highlights that the current inflation data has ve

US Spot Ethereum ETF experienced a net outflow of $75.9 million yesterday
According to monitoring data from Farside Investors, the US spot Ethereum ETF had a net outflow of $75.9 million yesterday.