For encrypted business platforms, anti-money laundering is no longer just an external regulatory pressure, but an intrinsic requirement for their long-term healthy development. It is a "passport" for building market trust and winning legitimate users.

Cryptocurrencies got off to a bad start in December, with market panic showing signs of spreading again. What will the future hold for cryptocurrencies? Will the positive factors in December stimulate the market as expected, or will cryptocurrencies continue their slump into next year?

China repeated that all crypto activity is illegal and warned of tighter enforcement as underground trading and mining rise again. Officials also singled out stablecoins as a security risk and said they will increase monitoring and crackdowns on cross-border crypto use.

According to BlockBeats, Into The Cryptoverse CEO Benjamin Cowen noted that in 2019, the Federal Reserve announced the conclusion of its quantitative tightening policy on August 1. However, the Fed's balance sheet continued to decline throughout August due to the final round of Treasury settlements, which were completed by mid-August. Although the current round of quantitative tightening ended on December 1, this does not imply an immediate improvement in the balance sheet. Changes may not be evident until early 2026.

null source: https://x.com/lookonchain/status/1995339352638095384

The XRP market is preparing for a potentially tumultuous month of December as the intensification of long and short liquidations signals increased volatility. Investors and traders alike are keenly monitoring developments in the market to understand the underlying factors driving these fluctuations. As the situation unfolds, various influences such as regulatory news, market sentiment, and trading behaviors will play significant roles in shaping the price dynamics of XRP. Here is an overview of what is currently happening and what traders should keep an eye on as we move into this unpredictable month. source: https://blocknews.com/xrp-market-braces-for-volatile-december-as-long-short-liquidations-intensify-here-is-whats-going-on-here-is/

According to SoSoValue data, SOL spot ETFs saw a net inflow of $108 million last week (November 24th to November 28th, Eastern Time). The SOL spot ETF with the largest net inflow last week was the Bitwise Solana Spot ETF (BSOL), with a weekly net inflow of $83.76 million and a historical total net inflow of $528 million; followed by the Grayscale Solana Spot ETF (GSOL), with a weekly net inflow of $35.38 million and a historical total net inflow of $77.83 million. The SOL spot ETF with the largest net outflow last week was the 21Shares Spot ETF (TSOL), with a weekly net outflow of $34.77 million; TSOL's current historical total net outflow is $27.6 million. As of press time, the SOL spot ETF has a total net asset value of $888 million, an ETF net asset ratio (market capitalization as a percentage of Bitcoin's total market capitalization) of 1.15%, and a historical cumulative net inflow of $619 million.

According to SoSoValue data, Bitcoin spot ETFs saw a net inflow of $70.05 million last week (November 24th to November 28th, Eastern Time). The Bitcoin spot ETF with the largest net inflow last week was Fidelity ETF (FBTC), with a weekly net inflow of $230 million. FBTC's historical total net inflow has reached $12.03 billion. This was followed by Grayscale ETF (GBTC), with a weekly net inflow of $16.33 million. GBTC's historical total net outflow has reached $25.02 billion. The Bitcoin spot ETF with the largest net outflow last week was BlackRock ETF IBIT, with a weekly net outflow of $137 million. IBIT's historical total net inflow has reached $62.57 billion. This was followed by VanEck ETF HODL, with a weekly net outflow of $36.95 million. HODL's historical total net inflow has reached $1.2 billion. As of press time, the total net asset value of Bitcoin spot ETFs is $119.39 billion, with an ETF net asset value ratio (market capitalization as a percentage of total Bitcoin market capitalization) of 6.56%. Historical cumulative net inflows have reached $57.71 billion.

According to SoSoValue data, Ethereum spot ETFs saw a net inflow of $313 million last week (November 24th to November 28th, Eastern Time). The Ethereum spot ETF with the largest net inflow last week was BlackRock ETF ETHA, with a weekly net inflow of $257 million. ETHA's historical total net inflow is currently $13.15 billion. This was followed by Fidelity ETF FETH, with a weekly net inflow of $45.32 million. FETH's historical total net inflow is currently $2.59 billion. The Ethereum spot ETF with the largest net outflow last week was Grayscale Ethereum Trust ETF ETHE, with a weekly net outflow of $15.05 million. ETHE's historical total net outflow is currently $4.93 billion. As of press time, the total net asset value of the Ethereum spot ETF is $19.15 billion, with an ETF net asset ratio (market capitalization as a percentage of Ethereum's total market capitalization) of 5.19%, and a cumulative net inflow of $12.94 billion.

On Dec 01, 2025, 03:36 AM(UTC). According to Binance Market Data, BNB has dropped below 830 USDT and is now trading at 829.789978 USDT, with a narrowed 4.92% decrease in 24 hours.

Cryptocurrency exchange spot trading volume fell to $1.59 trillion in November, a 26.7% decrease from October's $2.17 trillion, marking the lowest level since June. Binance remained in first place with $599.34 billion, but this was a significant drop from October; Bybit, Gate, and Coinbase recorded $105.8 billion, $96.75 billion, and $93.41 billion, respectively. Vincent Liu, Chief Investment Officer of Kronos Research, stated that after the overheated market in October, November saw a shift towards low volatility and low momentum, with the decline in trading volume mainly due to profit-taking and narrowing trading ranges. DefiLlama data also showed that decentralized exchange (DEX) trading volume fell to $397.78 billion in November, the lowest since June; Uniswap and PancakeSwap recorded $79.98 billion and $70.57 billion, respectively, both showing significant declines from the previous month. The DEX/CEX trading volume ratio decreased from 17.56% in October to 15.73%. Liu believes this reflects a shift in trading structure: narrower trading ranges make CEXs, with their greater depth and spread advantages, more efficient, while weaker on-chain incentives and speculative activity drag down DEX trading volume. In the market, Bitcoin fell from approximately $110,000 in November to a low of around $81,000; as of press time, it had fallen 4.6% to $86,500 in the past 24 hours. SoSoValue data shows that US spot Bitcoin ETFs recorded a net outflow of $3.48 billion in November, the largest monthly outflow since February. (The Block)

According to ChainCatcher, data from Arkham indicates that at 11:11, a total of 15,400 AAVE tokens, valued at approximately $2.62 million, were transferred from an anonymous address beginning with 0x535e to FalconX.

Centralized exchanges' spot monthly volume fell to $1. 59 trillion in November, down from $2. 17 trillion in October. source: https://www.theblock.co/post/380831/crypto-exchange-volume-drops-november?utm_source=rss&utm_medium=rss

Fiat currency debt is the most expensive, requiring governments, businesses, and residents to take on long-term debt; policy interest rate hikes are the next most expensive, as the overall debt maturity is relatively short; gold price increases are the cheapest, as this is a purely free stimulus that only requires central banks around the world to band together.

Jinse Finance launches its cryptocurrency and blockchain industry daily news bulletin, "Jinse at 8 AM," issue 2895, providing you with the latest and fastest news on the digital currency and blockchain industry.

"Our core demand is very clear— to return the property to its rightful owner, that is, to return it to the Chinese victims."

On November 29, the People's Bank of China officially published an article titled "Meeting Held on Coordination Mechanism for Combating Virtual Currency Trading and Speculation," which provided the latest discussion on virtual currencies and stablecoins.

Stablecoins, regulation, law, stablecoins in 2025: You're in the Dream of the Red Chamber, I'm in Journey to the West. Golden Finance: Who's in the Dream of the Red Chamber, who's in Journey to the West? Perhaps we all have the answer in our hearts.

On December 3, 2025, Ethereum will activate the “Fusaka” upgrade on the mainnet, which is the second major hard fork this year, following the “Pectra” upgrade in May.

Jinse Finance launches its cryptocurrency and blockchain industry daily news bulletin, "Jinse at 8 AM," issue 2894, providing you with the latest and fastest news on the digital currency and blockchain industry.