Market Overview - The cryptocurrency market capitalization has decreased by 0.5%, now standing at $3.15 trillion [1][2] - Approximately 80 of the top 100 coins have experienced price declines over the past 24 hours [1][4] - Total crypto trading volume is reported at $94.3 billion, significantly lower than previous months [1] Price Movements - Bitcoin (BTC) has decreased by 0.5%, currently trading at $89,627 [2][3] - Ethereum (ETH) has seen a slight increase of 0.6%, now priced at $3,128 [2][3] - Dogecoin (DOGE) has the highest decrease among the top coins, down by 1.5% to $0.1362 [3][4] - Tron (TRX) is the best performer in the top category, appreciating by 2.5% to $0.2816 [4] Notable Trends - The market is currently consolidating, with lower holiday liquidity affecting trading dynamics [5] - Institutional momentum is keeping Bitcoin range-bound as traders await new catalysts [5] - The Bank of Japan is preparing for a 25-basis-point rate increase on December 19, which may impact market sentiment [5][6] ETF Inflows - US Bitcoin spot ETFs recorded inflows of $49.16 million, while Ethereum spot ETFs saw $19.41 million in inflows on Friday [2]

The U.K. government plans to extend existing financial regulation to cover crypto companies from 2027, the Treasury said Monday. The finance ministry published draft legislation in April, which laid out the proposed rules for crypto exchanges and stablecoin issuance. In extending existing financial services rules to crypto, the U.K. would be emulating the approach of the U.S., in contrast to the European Union (EU), which introduced a regime, the Markets in Crypto Assets regulations, specifically for the ...

Group 1: Quantum Computing and Its Threat to Cryptocurrency - The 2025 Nobel Prize in Physics was awarded to three scientists for their work in quantum computing, highlighting the technology's potential impact on the public perception of quantum computing and its implications for cryptocurrency security [1] - Quantum computing is currently at a critical juncture, transitioning from theoretical concepts to practical applications, but remains in the "noisy intermediate-scale quantum" (NISQ) phase, limiting its ability to execute large-scale algorithms due to environmental noise [2] - Major players in the quantum computing industry, such as Quantinuum and IBM, have set ambitious goals for the development of logical qubits, with plans to achieve 100 logical qubits by 2027 and 2000 by 2033, indicating a long-term process towards fault-tolerant quantum computing (FTQC) [2] Group 2: Perception of Quantum Threats in the Cryptocurrency Market - The cryptocurrency market has developed a consensus regarding the theoretical risks posed by quantum computing, particularly concerning the vulnerability of elliptic curve digital signature algorithms (ECDSA) [4] - Despite acknowledging the risks, the market remains generally optimistic and somewhat desensitized to the quantum threat, partly due to past experiences of survival and the belief that post-quantum cryptography is being developed [4] - There is a fragmented approach to addressing quantum threats within the cryptocurrency sector, with some projects beginning to implement upgrade interfaces, but lacking a comprehensive defense strategy [4][5] Group 3: The Asymmetrical Nature of Quantum Threats - The unique aspect of quantum threats lies in their asymmetry, where attackers can prepare long before defenders can react, allowing them to collect public key data now for future attacks when quantum computing capabilities mature [5] - An example of this threat was illustrated by the LuBian mining pool hack, where attackers exploited a vulnerability in the random number generator to steal approximately $3.5 billion worth of Bitcoin, indicating a potential long-term strategy rather than immediate profit [6] Group 4: Challenges in Defense Mechanisms - The cryptocurrency community faces significant challenges in upgrading protocols to defend against quantum threats, as any major changes require extensive technical development and consensus-building [7] - The inability to predict when quantum computing will reach a critical threshold creates a dilemma for defenders, who must begin preparations immediately despite the lengthy upgrade processes [8] Group 5: Systemic Risks in Decentralized Finance - The integration of decentralized finance (DeFi) with traditional finance has created a complex ecosystem that is highly susceptible to systemic risks, as seen in the October 2025 market crash that liquidated over $19 billion in positions [9][11] - The emergence of new stablecoins and complex financial products has further complicated the risk landscape, with high leverage potentially leading to catastrophic failures during market volatility [10] Group 6: The Urgency of Quantum Threats - The threat from quantum computing is not just theoretical; it could lead to systemic collapse even before the technology is fully realized, as market confidence can be easily shaken by news of quantum advancements [14][15] - The cryptocurrency sector is exploring various defensive strategies, including the establishment of post-quantum cryptography standards and phased migration plans, but faces significant challenges in implementation due to decentralized governance inefficiencies [15][16]

Group 1: Federal Reserve Actions - The Federal Reserve is expected to lower interest rates by 0.25 percentage points, with three out of ten members voting against this decision [1] - Jerome Powell confirmed another rate cut is anticipated in 2026, after which the FED may pause, focusing on inflation as the employment situation appears stable [1] Group 2: Market Reactions and Currency Dynamics - Traders are beginning to factor in the dovish stance of the new FED president Kevin Hassett, who suggested there could be more than three rate cuts [2] - Major currencies like the Euro and Yen are influenced by hawkish narratives compared to the US dollar, with German 30-year bond yields reaching new peaks [2] Group 3: Bond Buybacks and Market Liquidity - The FED announced monthly buybacks of short-term bonds (T-bills) amounting to $40 billion, which is expected to lower real interest rates and enhance market liquidity, positively impacting stocks, metals, and cryptocurrencies [3] Group 4: Commodity and Cryptocurrency Performance - US stock indices are struggling to maintain momentum, while metals have rallied significantly, with Gold surpassing $4300 and silver reaching new historical highs [4] - Bitcoin is facing challenges in maintaining momentum, trading within a narrow range of $92,000 to $93,000, following substantial outflows from Bitcoin ETFs [4] Group 5: Capital Flows and Investment Opportunities - The primary narrative driving capital flows favors European assets over US assets, with Chinese stocks also attracting significant investment as hedge funds prepare for a potential rally [5] Group 6: European Market Outlook - The DAX index is poised for a breakout from a consolidation pattern established since June 2025, with German bond yields at new peaks and inflation steady at around 2.3% [6] - European stocks are viewed as a balanced investment choice amid pressure on the US dollar and an overheated AI sector, with the DAX expected to test the 20-day moving average before any new peaks [7]

📰 #AscendEX Daily Updates🔷Institutional Bitcoin holdings reach approximately 5.94 million BTC🔷Spot gold rises by 1.00% today, currently at $4,343.39 per ounce🔷The UK Treasury is working on new regulations for the cryptocurrency market#AscendEX #Crypto #CryptoNews https://t.co/Ilg1jq2Wkr ...

According to @punk8185, the total network hashrate dropped by approximately 100 EH/s yesterday, a decrease of about 8%, with at least 400,000 Bitcoin mining rigs shutting down, mainly due to the closure of Bitcoin mining farms in Xinjiang, China. The specific reasons for the shutdown remain unclear at this time.https://t.co/HIE8ShG9JmJack孔@Nano Labs(NA)🇭🇰 (@punk8185):算力较昨天掉了100E，跌了8%，按照平均250T，至少关了40万台 机器关了 ...

Core Insights - Wall Street is introducing a new ETF that focuses on trading bitcoin products during overnight hours while shifting to short-term US Treasuries during the day, aiming to leverage bitcoin's performance at night and its downturn during the day [2] Group 1: ETF Strategy - The proposed ETF, named Nicholas Bitcoin and Treasuries AfterDark ETF (NGHT), represents a blend of digital assets and traditional finance [2] - The strategy suggests that investors could achieve higher returns by trading bitcoin assets exclusively at night, with data indicating that holding the iShares Bitcoin ETF (IBIT) during after-hours trading would have resulted in a 222% performance increase since January of the previous year [3] Group 2: Market Environment - The regulatory environment for crypto strategies has become more favorable, with the SEC showing support for new spot crypto products, leading to a flourishing of various crypto funds [4] - The head of sector and industry research at VettaFi noted that the crypto industry is maturing, with advisors and investors recognizing the importance of diversification within the crypto space rather than solely making single asset bets [5] Group 3: Fund Performance - Other funds from the same company have experienced mixed results this year, with FIAX down 4%, GIAX declining by 11%, and BLOX losing 1% [6]

Core Insights - AIxCrypto Inc. has transitioned to a dual public company structure and will provide weekly updates on its dual flywheel businesses [1][2] - The company has appointed Andrew Grossman as Head of Legal, who will oversee legal, compliance, and governance frameworks [3][4] - AIxCrypto has rebranded from Qualigen to focus on integrating AI and blockchain technologies, aiming to create a leading ecosystem that bridges Web2 and Web3 [5] Company Developments - The appointment of Andrew Grossman is expected to enhance AIxCrypto's compliance capabilities, particularly in areas such as SEC disclosures and digital asset regulation [3][4] - AIxCrypto's strategy includes leveraging compliance foundations established at Faraday Future to ensure long-term regulatory alignment [4] - The company aims to become the primary gateway to the AI Web3 world, focusing on products like the BesTrade DeAI Agent and other ecosystem offerings [5] Business Strategy - AIxCrypto is committed to building a world-leading ecosystem that integrates AI and blockchain technologies [5] - The company emphasizes the importance of compliance and governance in its operations to maximize long-term commercial value [3][4] - The dual flywheel business model is designed to drive growth across multiple sectors, including AI and cryptocurrency [1][2]

Core Viewpoint - The year 2025 is seen as a "trial run" for crypto companies' IPOs, with 2026 being the true test to determine if crypto IPOs can become a sustainable asset class or remain a cyclical trade only during bull markets [1] Summary by Categories - **IPO Market Outlook** - The structure of IPOs in 2026 is expected to shift from a focus on "Digital Asset Treasury companies (DAT)" to businesses that align more closely with traditional financial logic [1] - **Types of Companies** - The anticipated companies for IPOs include regulated exchanges and brokers, custodial and infrastructure service providers, as well as stablecoin payment and fund management platforms [1]

Group 1 - XRP's price increased by 73% in the first half of 2025 but has since stabilized around breakeven as of December 8, 2025 [1] - Ripple, the company behind XRP, settled a dispute with the SEC over the classification of XRP, leading to a price surge above $3, a level not seen since 2018 [2] - The Trump administration's pro-crypto stance and new regulations have positively influenced the cryptocurrency market, contributing to a brief rally [3] Group 2 - Major cryptocurrencies, including Bitcoin and Ethereum, have experienced a significant downturn due to tightening liquidity and delayed interest rate reductions by the Federal Reserve [4] - Both retail and institutional investors are hesitant to invest in speculative assets like cryptocurrency amid the current market conditions [5] Group 3 - XRP has potential catalysts for price revival, including increased interest from banks and corporations in stablecoins and digital assets [7] - Despite its clear value proposition, XRP may take years to become a standard in modern financial infrastructure [8]