According to BlockBeats, Spencer Hallarn, head of over-the-counter trading at GSR, commented on the current market conditions. He noted that most bullish positions have been largely eliminated, creating a foundation of skepticism. Hallarn highlighted that perpetual contract funding rates are very low, even negative, indicating minimal leverage in the market. Overall, he believes this structure is quite favorable for a Santa rally, suggesting a positive market outlook as the year comes to a close.

Utilizing the ATM structure, Strive gains the flexibility to sell shares directly to the market at prevailing prices over a period. source: https://www.theblock.co/post/381997/strive-at-the-market-offering-bitcoin?utm_source=rss&utm_medium=rss

According to Odaily, economist and cryptocurrency critic Peter Schiff has taken to the platform X to criticize MicroStrategy founder Michael Saylor. Schiff highlighted Saylor's claim of acquiring digital capital, issuing digital credit, and converting it into digital currency that can be deposited into bank accounts. Schiff described Saylor's assertion of achieving a risk-free, 8% tax-deferred perpetual yield with zero volatility as extremely irrational.

Economist and cryptocurrency critic Peter Schiff criticized MicroStrategy founder Michael Saylor in an article published on the X platform. Schiff pointed out that Saylor claims to be able to acquire digital capital, use it to issue digital credit, and then convert it into digital currency that can be deposited into bank accounts. According to Schiff, Saylor claims this model offers a risk-free, tax-deferred, permanent return of 8%, with zero volatility. Schiff considers this view extremely absurd.

Binance’s CZ warned that new co-CEO Yi He’s long-abandoned WeChat account was hacked and used to push a meme coin. source: https://cryptonews.com/news/binance-co-ceo-yi-he-wechat-hacked-promote-meme-coin/

Exploring the landscape of tokenized stocks and the application of Backed xStocks on the Solana platform.

Bitcoin has reclaimed the $92,000 level after weathering $2 billion in liquidations, as traders and investors increasingly concentrate on major cryptocurrencies. Both BTC dominance and ETH dominance remain elevated, indicating a growing preference for established digital assets during times of economic uncertainty. Compressed basis rates and declining open interest mark the ongoing consolidation in the crypto market. As a result, both institutional and retail participants are moving capital into the most reputable assets, showing limited appetite for leverage source: https://beincrypto.com/bitcoin-ethereum-dominance-crypto-consolidation/

استرجع بيتكوين مستوى 92 000 دولار بعد مقاومته لتصفية مراكز بقيمة 2 مليار دولار، حيث يزداد تركيز المتداولين والمستثمرين على العملات الرقمية الكبرى. تبقى هيمنة btc وeth مرتفعة، ما يدل على تفضيل متزايد للأصول الرقمية الراسخة في أوقات عدم اليقين الاقتصادي. تشهد معدلات الفائدة المضغوطة وانخفاض الفائدة المفتوحة استمرار مرحلة التماسك في سوق العملات الرقمية. ونتيجة لذلك، يقوم كل من المؤسسات والمستثمرين الأفراد بتوجيه رؤوس أموالهم نحو أكثر الأصول موثوقية، ما يظهر شهية محدودة لاستخدام الرافعة المالية source: https://ar.beincrypto.com/bitcoin-ethereum-dominance-crypto-consolidation/

According to ChainCatcher, data from Coinglass indicates that if Ethereum's price falls below $3,145, the liquidation intensity of long positions across major centralized exchanges could reach $1.186 billion. Conversely, if Ethereum surpasses $3,470, the liquidation intensity of short positions on these exchanges could total $1.017 billion.

According to BlockBeats, the IoTeX team attended the Washington Policy Summit as the chair of the Blockchain Association DePIN working group. The team engaged in in-depth discussions with several key policymakers, including U.S. Securities and Exchange Commission (SEC) Chairman Paul Atkins, Senator Bill Harley, and Representative Haley Stevens. The summit focused on critical topics such as crypto market structure, stablecoins, and real-world assets (RWA). IoTeX co-founder Jing highlighted in discussions with SEC Chairman Atkins that machine networks and artificial intelligence are paving the way for a new economy. The on-chain tokenization of DePIN and RWA can help the U.S. open capital access, alleviate energy shortages during the AI revolution, and enable ordinary people to participate in the new economy, thereby promoting the widespread adoption of stablecoins. Regarding crypto asset regulation, SEC Chairman Atkins expressed a positive outlook, stating that most tokens, including DePIN networks and digital tools, would not be classified as securities, and ICO fundraising might resume in the U.S. Atkins further revealed that the SEC plans to advance token classification and innovation exemption mechanisms next year to provide a clearer regulatory path. As the global regulatory framework accelerates, IoTeX is deeply involved in high-level government dialogues, aiming to promote compliance processes based on technological innovation and support the U.S. in maintaining a leading position in digital currency developments within decentralized infrastructure and AI sectors.

Coinbase Institutional stated that despite market volatility in November, relevant indicators show a significant decline in leverage and speculative positions, potentially laying a more solid foundation for year-end performance. Data indicates that open interest in BTC, ETH, and SOL perpetual contracts decreased by 16% month-over-month; US spot ETFs saw outflows of $3.5 billion in BTC and $1.4 billion in ETH; and BTC perpetual contract funding rates rebounded after briefly falling two standard deviations below the 90-day moving average. Coinbase Institutional believes that with systemic speculative leverage having fallen from approximately 10% in the summer to 4%–5%, the market structure is healthier, reducing its sensitivity to sharp corrections in the short term.

Tempo has launched its public testnet, allowing companies to build stablecoin payment applications on a blockchain designed specifically for fast, low-fee transactions. The project has drawn support from banks, fintech firms, and tech companies, with early tests covering remittances, tokenised deposits, and AI-driven billing.

The more internal divisions there are, and the more openly these divisions become, the more questions arise about the extent to which the Fed is willing to become more politicized. How will an unprecedentedly divided meeting reshape the direction of monetary policy in 2026?

Is this regulatory crackdown a harbinger of an impending market downturn, or the beginning of another "sell the news" scenario? Let's examine five key policy turning points to understand the post-storm trajectory.

Federal Reserve Chairman Jerome Powell and the Federal Open Market Committee (FOMC) began a two-day meeting, with markets closely watching whether the Fed will cut interest rates.

Circle is developing a new privacy-enhanced stablecoin called USDCx, built with Aleo to allow confidential on-chain transactions. The launch comes as more U.S. banks and companies begin testing stablecoin payment systems under the new regulatory framework.

Stablecoins, crypto-secured loans, lending: Why will private lending usher in the next stablecoin cycle? Jinse Finance: Low-collateralized lending will lead the next stablecoin cycle for the following reasons.

The key to implementing the Guidelines lies in deeply embedding its requirements into specific business scenarios and operational processes to achieve a "seamless integration" of risk management and daily operations.

Jinse Finance launches its daily cryptocurrency and blockchain news bulletin, "Jinse at 8 AM," issue 2904, providing you with the latest and fastest news on the digital currency and blockchain industry.

Cryptocurrency, Regulation, Mining, Satoshi Nakamoto, BTC, A Narrative of Two Worlds: An Analysis of the Global Crypto Regulatory Landscape (Jinse Finance), Exploring the Roots of the Institutional Rebirth of Cryptocurrency.