According to Odaily, the U.S. unemployment rate hit a four-year high of 4.6% in November. U.S. President Donald Trump controversially claimed that a single phone call could bring the unemployment rate to zero. Analysts warn that such dismissive remarks could pose significant risks by undermining the credibility of official data, which is crucial for businesses making informed hiring decisions. Trump's assertion that the U.S. job market is better than reported may lead to doubts about his credibility, especially concerning the economy, a vulnerable issue for him in the midterm elections.

According to ChainCatcher, the USD/CHF currency pair has continued its downward trend, reaching a three-month low. The latest figures show a decline of 0.57%, with the exchange rate now at 0.7873.

According to Odaily, U.S. Treasury Secretary Scott Bessent has announced efforts to facilitate a significant merger between Main Street and Wall Street. Amid a 6% decline in Bitcoin prices in 2025, the Trump administration has introduced the 'Beautiful Act,' which provides newborns with a $1,000 'Trump Account' to encourage investment awareness among the public. Meanwhile, Wall Street financial giants like BlackRock have accumulated nearly $70 billion in Bitcoin ETFs, indicating the rapid integration of cryptocurrencies into mainstream finance. Bessent forecasts that tax reductions will lead to a 'major tax refund year' in the first quarter of 2026. Additionally, the Trump administration plans to introduce a market structure bill in early 2026 to further regulate the stablecoin market.

According to Odaily, South Korean credit card company BC Card has successfully completed a pilot project for stablecoin payments. This initiative enables foreign users to pay local merchants using stablecoins. Users can convert stablecoins stored in overseas wallets partnered with BC Card into digital prepaid cards.

A Chainalysis report states that AI and cryptography are rapidly converging, moving from traditional risk control and monitoring towards "Agentic Payments"—AI can proactively make decisions and initiate transactions within pre-defined rules and compliance frameworks, while blockchain handles transparent and auditable execution. The report points out that AI has significantly improved efficiency and accuracy in areas such as fraud prevention, on-chain monitoring, compliance AML/KYT, and security defenses, while reducing false positives; meanwhile, institutions like Visa, PayPal, Google, and Coinbase have already deployed AI-driven payment and machine micropayment standards. (Chainalysis)

South Korean credit card giant BC Card announced the completion of a stablecoin payment pilot program, allowing foreign users to pay local merchants with stablecoins. Foreign users can exchange stablecoins held in overseas wallets partnered with BC Card for digital prepaid cards. BC Card is reportedly one of South Korea's largest payment companies, processing over 20% of bank card transactions in the country and covering 3.4 million domestic merchants. Its controlling shareholder is KT Corporation, one of South Korea's three major telecommunications companies. (Cointelegraph)

Key Takeaways:Ethereum price drops 3.19% in 24 hours, underperforming the broader crypto market$62M in ETH long liquidations follow a break below $3,000 supportSpot Ethereum ETFs posted over $600M in outflows last week but some institutional confidence remainsImmediate Market Moves And ETF FlowsEthereum declined 3.19% over the past 24 hours, falling more than the broader crypto market at -2.5%. The drop coincided with heightened caution ahead of key U.S. GDP data, prompting risk reduction across digital assets.Spot Ethereum ETFs recorded their largest weekly withdrawal since August 2025, exceeding $600 million. BlackRock’s ETHA accounted for roughly $470 million, with additional pressure from Fidelity FETH ($35M) and Grayscale ETHE ($49M). Persistent ETF withdrawals weaken an important source of institutional support. Macro Context And Derivatives PressureRisk-off sentiment intensified as traders positioned ahead of macro data following the government shutdown. Ethereum open interest has fallen sharply since August, indicating reduced leverage and thinner liquidity.During the decline, $62 million in ETH long liquidations occurred as prices touched intraday lows near $2,947. Despite a 31% jump in daily trading volume to $18.8 billion, most of the $222 million in liquidations hit bullish positions, reflecting low confidence. Technical Structure And Key LevelsFrom a technical perspective, Ethereum price failed to maintain the $3,000 psychological level. The token now trades below short-term averages, with the 10-day EMA at 2,986.6 and the 20-day EMA at 3,019.2, highlighting sustained selling pressure.Source: TradingViewLonger-term references remain elevated, including the 200-day SMA at 3,578.9, underscoring the distance to trend recovery. Momentum indicators remain neutral-to-bearish, while narrowing volatility bands suggest compression ahead. Market participants are monitoring $2,900–$2,875 as a key demand zone, especially with $27 billion in BTC and ETH options expiring on December 26. Institutional Divergence And Select AccumulationDespite broad ETF withdrawals, not all institutions are stepping back. Bitmine disclosed the accumulation of roughly 4 million ETH, lifting its crypto treasury to $13.2 billion. Bitmine now controls 3.37% of Ethereum's circulating supply, inching towards its goal of controlling 5% of supply, which the company has termed “alchemy of 5%”.The company maintained $1 billion in cash reserves following the purchases.This contrasts with wider caution and reflects a longer-term institutional interest strategy. ETH Outlook: What Comes Next For EthereumThe near-term Ethereum forecast hinges on macro data outcomes and post-expiry positioning. A move above $3,150 could pressure short hedges, while a sustained dip below $2,980 may invite further downside due to triggered risk controls.Until Ethereum ETF flows stabilize and macro clarity improves, ETH price action is likely to remain range-bound with a cautious bias. The split between ETF withdrawals and selective institutional accumulation highlights a market balancing short-term uncertainty against longer-term conviction.

Buying pressure in the crypto market is weakening simultaneously in terms of price action, derivatives activity, and on-chain indicators. According to CryptoQuant’s analysis, Bitcoin is still struggling to sustain the $87,000-$90,000 level. According to analyst Mignolet, the slowdown in buying has been evident since late August, which kick-started a spell of declining futures volume, falling […] source: https://www.cryptopolitan.com/buying-pressure-weakens-across-crypto-market/

null source: https://x.com/cryptoquant_com/status/2003451926663561445

According to on-chain analyst Ai Yi, a whale who spent $38.16 million to build a position in WBTC over the past month is reducing its holdings. Four hours ago, it deposited 195 WBTC (approximately $17.05 million) into Binance. Including the portion deposited three weeks ago, it appears to have sold 245 WBTC, which would have yielded a profit of $325,000 if sold. The remaining 200 WBTC still have a floating profit of $389,000, during which time the price of the coin once rose to a high of $94,555.

A South Korean man’s attempt to secure a lighter punishment for laundering funds through cryptocurrency has backfired dramatically, with an appeals court overturning his suspended sentence and sending him to prison for four years.

Trump Media & Technology Group bought 451 more Bitcoin, bringing its total holdings to 11,542 coins worth over $1 billion. The company is using Bitcoin as a long-term reserve and is expanding into crypto investments and related financial services.

Justin Sun has lost around $60 million after World Liberty Financial blacklisted his wallet, freezing his WLFI tokens following a $9 million transfer. The freeze has left him unable to access or trade his holdings, while the token’s price has dropped over 40% since September.

Web 3.0, Payments: From Beginning to Abandonment - Why I Stopped Doing Web3 Payments. Golden Finance: Remove the filters and see the true nature of payments.

What crypto moves will traditional giants like BlackRock, JPMorgan Chase, Visa, and Mastercard make in 2025?

Bybit will begin phasing out services for Japanese residents from 2026, as the country’s stringent regulatory framework continues to squeeze unregistered global crypto exchanges out of the market.

The real opportunity for reinforcement learning × Web3 lies not in replicating a decentralized version of OpenAI, but in rewriting "intelligent production relations".

In the year since the Trump administration took office, U.S. cryptocurrency policy has undergone a fundamental shift, with the core objective of integrating the cryptocurrency industry into the existing financial regulatory system and regulating it in the same way as traditional financial institutions.

Tencent has gained access to Nvidia’s banned Blackwell AI chips by using data centres in Japan and Australia, instead of bringing the hardware into China. The setup lets Tencent keep training advanced AI models while staying outside US export rules.

Financial Times has alleged that Binance had continued to allow suspicious crypto transactions to flow through its platform even after agreeing to tighten controls under its landmark $4.3 billion US criminal settlement.