According to ChainCatcher, Coinglass data reveals that the crypto market experienced liquidations totaling $318 million in the past 24 hours. Long positions accounted for $265 million, while short positions saw liquidations of $52.96 million. Bitcoin long positions were liquidated for $66.78 million, and short positions for $9.47 million. Ethereum long positions faced liquidations of $107 million, with short positions at $10.92 million. In the same period, 109,089 traders were liquidated globally. The largest single liquidation occurred on Hyperliquid's ETH-USD pair, valued at $5.68 million.

According to Odaily, Brazil's largest private bank, Itaú, is advising investors to allocate up to 3% of their assets in Bitcoin. This recommendation reflects a growing trend among financial institutions to recognize the potential of cryptocurrencies as part of a diversified investment portfolio.

According to Bitcoin Magazine, Itaú, Brazil's largest private bank, is advising investors to allocate up to 3% of their assets to Bitcoin.

The OCC has approved BitGo's conversion to a national bank, offering digital asset services under federal trust mandates. source: https://coincu.com/news/bitgo-national-bank-approved/

According to BlockBeats, Greg Cipolaro, NYDIG's Global Head of Research, stated in a report that while tokenization of stocks might not immediately yield significant benefits for the crypto market, its advantages could gradually become apparent with better integration into blockchain systems. Cipolaro noted that networks supporting these assets, such as Ethereum, initially offer modest returns. However, as accessibility, interoperability, and composability improve, the benefits are expected to grow. He mentioned that initial gains primarily come from transaction fees generated by trading tokenized assets, and the blockchains hosting these assets will experience enhanced network effects due to storage demands. In the future, these real-world assets might integrate into decentralized finance ecosystems, serving as collateral for loans, lendable assets, or trading targets. Cipolaro emphasized that this evolution requires time, technological advancements, infrastructure development, and regulatory progress. He also pointed out the challenges in creating tokenized assets with composability and interoperability due to their diverse forms and functions, spread across public and private networks. For instance, the private blockchain Canton Network, developed by Digital Asset Holdings, currently hosts $380 billion in tokenized assets, representing 91% of the total 'representation value' of real-world assets. Meanwhile, Ethereum, the most mainstream public blockchain, has deployed $12.1 billion in real-world assets. Cipolaro highlighted that even on open networks like Ethereum, the design of tokenized assets can vary significantly. These assets often fall under the category of securities and still rely on traditional financial structures such as brokers, KYC/accredited investor certifications, whitelisted wallets, and transfer agents. However, he noted that companies are leveraging blockchain technology to achieve advantages like near-instant settlement, 24/7 operations, programmable ownership, transparency, auditability, and optimized collateral efficiency.

According to The Block, credit rating agency Moody's has proposed a new framework for assessing stablecoins. This framework will evaluate and rate the creditworthiness of stablecoin debt. Moody's framework effectively means that two stablecoins claiming 1:1 backing of the US dollar, even if they share the same underlying assets, could receive different ratings simply because of the different assets used to back them. Moody's stated, "We will address market value considerations by estimating the market value risk of each eligible reserve asset, depending on its type and maturity." "The analysis will derive a projected interest rate applicable to the value of each asset. We also recommend considering the stablecoin's operational risk, liquidity risk, technological risk, and other factors to arrive at a final rating."

1. Fed's Goolsby: Expects more rate cuts than the median in 2026; 2. Coinbase plans to launch an internal prediction market, with Kalshi potentially the sole operator initially; 3. Trump: Favors Warsh or Hassett at the Fed, expects interest rates to be no higher than 1% after one year; 4. Five crypto companies, including Ripple, Circle, and BitGo, approved as trust banks; 5. Citadel Securities and the DeFi sector debate regulatory issues in SEC communications; 6. Nasdaq gains greater discretion, can reject high-risk IPOs; 7. RBC buys 77,700 shares of American Bitcoin.

According to a CNBC report citing sources familiar with the matter, cryptocurrency exchange Coinbase is preparing to launch an internal prediction market powered by prediction platform Kalshi. This move is part of Coinbase's strategic expansion of asset class coverage amid concerns among some investors are avoiding digital assets. The source stated that Coinbase and Kalshi will officially announce their partnership soon, possibly as early as next week. The partnership is not exclusive, but Kalshi will be Coinbase's sole prediction market operator during the initial launch phase. According to The Information, Coinbase will release the product at its "Coinbase System Update" event on December 17th. Bloomberg also mentioned that Coinbase will announce a tokenized stock product at the event.

비트코인이 주식과의 오랜 상관관계를 벗어나, 10여 년 만에 처음으로 주식과 1년 내내 완전히 다른 움직임을 보였습니다. 이 변화는 암호화폐와 전통 시장 간의 단절이 커지고 있음을 나타내며, 이번 주기에서 비트코인의 역할에 대한 의문을 제기합니다. 시장 분리, 역사적 순간 비트코인과 주식은 역사적으로 함께 움직이곤 했습니다. However, 그 관계는 이제 끊긴 것으로 보입니다 source: https://kr.beincrypto.com/bitcoin-stocks-historic-decoupling/

انفصل البيتكوين عن ارتباطه الطويل الأمد مع الأسهم، مسجلا أول انحراف له لمدة عام كامل عن الأسهم منذ أكثر من عقد. يسلط هذا التحول الضوء على الانفصال المتزايد بين العملات الرقمية والأسواق التقليدية، مما يثير تساؤلات حول دور البيتكوين في الدورة الحالية. فصل السوق التاريخي لقد تحركت بيتكوين والأسهم تاريخيا بتناغم. ومع ذلك، يبدو أن تلك العلاقة قدتطورت source: https://ar.beincrypto.com/bitcoin-stocks-historic-decoupling/

Remittances have always been reliable and fast across the Atlantic. This may be one reason why Americans are happy to accept "stablecoins" as an alternative to the banking system.

Jinse Finance launches the "Jinse Web3.0 Daily," providing you with the latest and fastest news on MEME, DeFi, DAO, NFT, and the metaverse industry.

For platforms with a large user base, stablecoins are not just cross-border payment tools, but a fundamental financial track that can reshape revenue structures and user relationships.

RWA's Hong Kong pilot program sparks heated discussion: How can RWA be transformed from a concept into a real asset? Jinse Finance explores how Hong Kong is building a practical path for the implementation of RWA through pilot programs.

Coinbase-incubated open-source payment protocol x402 has released version 2. This is the first major version iteration since its mainnet launch in May 2025.

The Bolivian government has announced a major policy—integrating stablecoins into its formal financial system, allowing them to be used "as a legal tender."

Binance, cryptocurrency, Hash Global founder KK discusses BNB digital asset allocation and Web3 development stage. Golden Finance reports, "In the future, all assets will be issued and traded on-chain."

x402 Protocol, AI Agent, Payment: Let's talk about the x402 V2 upgrade and share some key points. Golden Finance shares several key aspects of the x402 protocol V2 upgrade.

What are the implications of the frequent regulatory actions taken by the US SEC and OCC? This article from Jinse Finance focuses on the recent regulatory actions of the US SEC and OCC.

Coinbase has released version 2 of the x402 protocol. This version optimizes upon version 1, expanding from a single-call payment to a unified internet payment layer.