Group 1 - The CFTC has decided to allow the use of Bitcoin, Ethereum, and USDC as collateral for derivatives trading, integrating cryptocurrencies deeper into the U.S. financial system [1] - This initiative is launched as a pilot program and includes guidelines for futures brokers, swap market participants, and clearinghouses, with specific requirements for asset segregation, reporting, and monitoring [1] - Tokenized assets, which represent real-world or financial assets on a blockchain, are expected to enhance liquidity and facilitate fractional ownership, potentially easing access for foreign investors to the U.S. market [1] Group 2 - The acting chair Caroline Pham announced that exchanges regulated by the CFTC can begin trading spot cryptocurrencies on derivatives exchanges, expanding the regulatory scope of the CFTC [2]

Core Insights - Anthony Scaramucci praised Michael Saylor's strategy for bolstering Strategy Inc.'s balance sheet through Bitcoin purchases and equity sales [1][2] - Strategy Inc. recently acquired 10,624 BTC, valued at approximately $962.7 million, marking its largest weekly purchase since July 2025 [3] - The company's total Bitcoin holdings now amount to 660,624 BTC, acquired for about $49.35 billion, with an average purchase price of roughly $74,696 [3] Financial Performance - Strategy Inc.'s stock has been on a multi-month downtrend, with a current market value of $55.25 billion, which is lower than the value of its Bitcoin holdings at $59.62 billion, indicating the stock is trading at a discount [4] - The stock closed at $183.69 during the regular trading session, reflecting a 2.63% increase, but fell 0.59% in after-hours trading to $182.60 [5] - MSTR has exhibited a very low growth score, indicating limited historical expansion in earnings and revenue compared to other cryptocurrency-linked stocks [5]

Market Overview - Bitcoin experienced a decline of 0.98%, trading at $90,264.02, while Ethereum rose by 0.27% to $3,112.05 [2] - The global cryptocurrency market capitalization increased by 0.93% to $3.09 trillion [7] Trading Activity - Bitcoin's trading volume surged by 15% over the last 24 hours, with an intraday low of $89,644 reached [3] - Cryptocurrency liquidations totaled $200 million in the last 24 hours, with over $100 million in bearish short positions eliminated [5] - Bitcoin's open interest fell by 0.29% in the last 24 hours, with over 70% of Binance's top traders positioned long on BTC [6] Stock Performance - Shares of cryptocurrency-related companies such as Strategy Inc. and Coinbase Global Inc. closed up by 2.63% and 1.66%, respectively [4] Analyst Insights - Analyst Michaël van de Poppe identified $92,000 as a crucial level for Bitcoin, predicting potential corrections if the Federal Reserve adopts a hawkish stance [10] - Lacie Zhang from Bitget Wallet anticipates moderate downward pressure on Bitcoin and Ethereum, expecting BTC to recover towards $95,000–$100,000 and ETH to retest $3,800 as market conditions stabilize [11]

Core Insights - MetaMask has launched perpetual futures trading on its mobile platform, allowing users to trade various assets quickly and efficiently [1][2] - The platform supports trading on over 150 tokens and select US stocks, with the ability to go long or short [1] - Users can leverage up to 40x on their trades, providing significant trading flexibility [1] Group 1: Trading Features - Perpetual futures contracts allow leveraged long or short exposure to asset prices without expiry, offering flexibility for both quick trades and long-term strategies [1] - The trading experience is designed for speed, with trades reportedly settling in seconds, enabling traders to act on market opportunities promptly [2] - Users can fund their perps account with any EVM-compatible token, which will be automatically converted to USDC for trading [2] Group 2: Supported Assets - The platform allows trading on a variety of cryptocurrencies, including ETH, BTC, LINEA, XPL, and BONK, as well as major US stocks like Nvidia, Tesla, Apple, Microsoft, Palantir Technologies, and Robinhood [1] - Currently, perpetual trading is not available to users in specific regions, including the US, UK, Ontario (Canada), Belgium, and countries on the US sanctions list [2]

RT Santiment (@santimentfeed)🧑‍💻 Here are crypto's top coins that are partially or fully associated with the Ethereum-based ecosystem, by development activity. Directional indicators represent each project's ranking positioning since last month:📈 1) @chainlink $LINK 🥇📈 2) @ethstatus $SNT 🥈📈 3) @ethereum $ETH 🥉📈 4) @decentraland $MANA📈 5) @internxt $INXT📈 6) @h_o_l_o $HOT📈 7) @lidofinance $LDO📈 8) @curvefinance $CRV📈 9) @livepeer $LPT📈 10) @graphprotocol $GRT📖 Read about the Santiment methodology for filteri ...

Innovate NY. Photo by BeInCrypto The US Commodity Futures Trading Commission (CFTC) launched a digital assets pilot program on December 8, permitting bitcoin, ether, and USDC as margin collateral in derivatives markets—a move industry leaders are calling a watershed moment for crypto adoption. Acting Chairman Caroline D. Pham announced the initiative alongside new guidance on tokenized collateral and the withdrawal of Staff Advisory 20-34, a 2020 directive that had restricted the use of virtual currency i ...

Core Insights - Ripple's CEO Brad Garlinghouse emphasized that U.S. spot ETFs linked to XRP have rapidly reached $1 billion in assets under management, marking the fastest growth since Ethereum ETFs [1] - The total net inflow for spot XRP ETFs has reached $897.35 million as of December 5, according to SoSoValue [1][2] - There is significant institutional demand for XRP, as noted by Canary Capital's CEO Steven McClurg [2] ETF Performance - Spot Bitcoin ETFs launched in January 2024 have accumulated $57.62 billion in total net inflow, with BlackRock leading at $62.52 billion [3] - Spot Ether ETFs launched in July 2024 have seen a total net inflow of $12.88 billion, with BlackRock again at the forefront with $13.09 million [4] - Specific XRP ETFs include: - Canary XRP ETF: $363.85 million - Grayscale XRP Trust ETF: $211.85 million - Bitwise XRP ETF: $187.14 million - Franklin XRP ETF: $134.50 million [5] Market Overview - The total crypto market capitalization is currently at $3.08 trillion, reflecting a 0.8% decrease in the last 24 hours [6] - Bitcoin is trading at $90,303.14, down 1.2%, while Ethereum is at $3,123.77, down 0.5% [6] - XRP is trading at $2.08, also down 0.5%, despite attempts to recover [6]

Tether announced that its USDT stablecoin has been officially recognized as an Accepted Fiat-Referenced Token (AFRT) by the Abu Dhabi Global Market (ADGM) for use on multiple blockchains, including Aptos, Celo, Cosmos, Kaia, Near, Polkadot, Tezos, TON, and TRON. The approval allows ADGM-authorized entities to conduct regulated activities involving USDT across these networks. This recognition expands upon ADGM’s earlier approval, which covered USDT on Ethereum, Solana, and Avalanche. With this extension, U ...

Market Overview - Bitcoin (BTC) attempted a late weekend rally but reversed gains, settling around $90,000, down approximately 1% over the past 24 hours [1] - The broader crypto market, as measured by the CoinDesk 20 Index, declined by 0.8% [2] Altcoin Performance - Ethereum's ether (ETH) slightly decreased but outperformed BTC, reaching its strongest relative price against BTC in over a month [2] - Privacy-focused Zcash (ZEC) and institutional-centered blockchain Canton Network (CC) both recorded double-digit gains [2] Bond Market Dynamics - Long-duration government bond yields spiked due to concerns about Japanese bonds affecting other markets, with the U.S. 10-year Treasury yield rising to 4.19%, the highest in about three months [3] - The Japanese 10-year bond yield approached 2%, a level not seen in nearly two decades [3] U.S. Equity Market - U.S. equities declined, with the S&P 500 down by 0.5% and the Nasdaq by 0.3%, impacting overall risk appetite [4] Federal Reserve Meeting - The upcoming Federal Reserve meeting is anticipated to be significant, with a 25 basis-point cut expected, but any hawkish surprises could increase volatility [4][5] Bitcoin Market Sentiment - Analysts from Bitfinex noted that BTC is facing structural headwinds, with weakening spot demand and persistent outflows from U.S.-listed spot bitcoin ETFs [6] - Over seven million BTC are currently at an unrealized loss, reflecting bearish sentiment similar to the 2022 consolidation period [6] - Monthly capital inflows remain slightly positive at $8.69 billion, but are significantly lower than peak levels, providing only a modest buffer against downside risks [6]

During Abu Dhabi Finance Week, OKX Chief Executive Star Xu said, “approximately 50% of global economic activities will operate on blockchain” in the coming decades. He framed the shift as demand from a generation raised on digital services, mobility, and artificial intelligence. Xu described blockchains as programmable financial rails that move value “freely, instantly, and globally, 24/7.” He positioned the trend as infrastructure, not a trading call, pointing to stablecoin settlement growth, multi-tril ...