Market Trends - Crypto market is consolidating, with funds rotating to BTC and ETH [1] - Investors favor delta-neutral and carry strategies over directional altcoin bets [1] Price Movement - BTC rebounded to around $92,000 after $2 billion liquidations last week [1] Market Volatility - Market volatility remains high [1] Macro Factors - Market participants are awaiting Fed and macro signals [1]

Regulatory Landscape - EU aims to begin implementing capital markets integration reforms by 2027 [1] - The reforms involve transferring more supervisory powers to ESMA [1] - ESMA will oversee clearing houses, trading venues, and crypto firms [1] Approval Process - The plan requires approval from the European Parliament and member states [1]

Regulatory Compliance - Hong Kong government initiates public consultation on revisions to Crypto Asset Reporting Framework (CARF) and Common Reporting Standard (CRS) [1] - Aims for automatic exchange of crypto asset tax information with partner jurisdictions reciprocally from 2028 [1] - Implementation targeted from 2029 to combat cross-border tax evasion [1]

Company Strategy - Strategy CEO states selling Bitcoin is a last resort, only if mNAV falls below 1x, alternative financing is inaccessible, and preferred dividend obligations must be met [1] - The company prioritizes market sentiment and narrative, strongly preferring not to be "the company that sells Bitcoin" [1] - Selling Bitcoin is considered only after all other funding channels are exhausted [1] Bitcoin Holding - The company theoretically has the ability to sell Bitcoin [1] Source - The information is based on an interview with Strategy CEO Phong Le on November 28, 2025 [1]

Arkham announced the launch of Zcash on-chain tracking, labeling over 53% of Zcash transactions — including both shielded and transparent — representing around $420 billion in volume linked to identifiable individuals and institutions. About 48% of transaction inputs and outputs and 37% of total balances (approximately $2.5 billion) have been attributed to entities. https://t.co/5QDujycSbH ...

吴说获悉，OKX 公告称，将支持向持有 ADA、BTC、ETH、SOL、XRP、BNB、AVAX 及 BAT 的用户发放 Midnight (NIGHT) 空投代币。有社区用户质疑空投发放名单有 BNB 持有用户，而没有 OKB 持有用户。OKX 回应称，看到了社区的声音，理解大家的心情，本次 NIGHT 空投规则完全由项目方制定。https://t.co/RBgbxGYrF9 ...

Bitcoin logged one of its weakest Novembers since 2018. Presto Research’s timezone analysis shows the month’s sell-off was driven mainly by European trading hours, while Asia and the U.S. were roughly flat. BTC and ETH fell ~20–25% over the month. https://t.co/mzsbJNFioc ...

Market Sentiment - Arthur Hayes views Monad as a "high-FDV, low-float" trap created by VCs [1] - Hayes initially set a $10 target for MON, but later turned bearish, predicting it will go to zero [2] - Hayes believes that most L1 blockchains, except Ethereum and Solana, will eventually become worthless [2] Competitive Analysis - Hayes argues Monad cannot compete with Ethereum and is weaker than Solana [2] - Monad's "next-gen ETH killer" narrative is considered a scheme for founders and backers to profit [2]

Paradigm co-founder Matt Huang reposted research by @notnotstorm on X, highlighting that prediction market Polymarket may have a data aggregation error that causes its reported trading volume to be double-counted. The issue could affect most third-party analytics and public datasets that rely on Polymarket’s disclosed figures. Some observers noted that Paradigm backs a rival to Polymarket and criticized Huang for allegedly trying to discredit a competitor. https://t.co/AjDI1SOqib ...

According to SoSoValue, on Dec 8 (ET) U.S. spot Bitcoin ETFs saw $60.48M net outflows, despite BlackRock’s IBIT leading with $28.76M in single-day inflows. Spot Ethereum ETFs recorded $35.49M net inflows. Spot Solana ETFs posted $1.18M net inflows. Spot XRP ETFs recorded $38.04M net inflows. https://t.co/EovpjtoJS9 ...