Crypto wallet app Phantom announced the launch of Phantom Prediction Markets, a Kalshi-powered prediction market, on its X platform. This market allows users to participate in predictions across sports, cryptocurrencies, culture, and other fields. The service is expected to be rolled out to eligible users within the next week. Phantom cautions that its prediction market does not cover all jurisdictions, and risks may include, but are not limited to, price volatility, limited liquidity, and potential regulatory changes. Trading in the prediction market may incur transaction fees and other charges, and inaccurate predictions may result in the loss of all funds allocated to a particular activity.

According to Christine Kim's summary of the 171st Ethereum Consensus Layer Core Developers Meeting (ACDC), the meeting primarily discussed: retaining trust payments as part of the embedded proposer-builder separation (ePBS) in the Glamsterdam upgrade, while formally removing the fork selection mandatory inclusion list (FOCIL) feature. Furthermore, the Fusaka upgrade successfully launched on the mainnet on December 3rd, and the subsequent blob parameter hard fork was successfully activated on December 9th, with stable network operation. The meeting also discussed proposals such as EIP 7688, 8061, and 8080, and plans to begin planning the Heka upgrade in January next year, while also considering renaming it to conform to the standards of the International Astronomical Union.

Tether has disclosed plans to raise up to $20 billion through a stock offering and will consider tokenizing the shares after the sale. Company executives are reportedly considering various options, including stock buybacks and storing the company's shares digitally on a blockchain after the transaction is completed. (Bloomberg)

Digital asset management firm Bitwise published a statement on its X platform in support of Strategy, expressing deep disappointment with MSCI's proposed removal of Strategy from its global investable market indices. Bitwise stated that indices aim to faithfully reflect the market, not to assess the merits of specific business models, and should remain neutral. Bitwise believes that exchange-traded products cannot replicate Strategy's operating model, and that Strategy creates value for shareholders. The proposed rule change by MSCI deprives investors of investment opportunities in the digital asset class and its industry leaders, thus disadvantaging them.

According to Odaily, Jurrien Timmer, Fidelity's Global Macro Director, highlighted on the X platform that the current improvement in market sentiment follows a decline in excessive speculation within the crypto market. This change is occurring against the backdrop of the Federal Reserve's accommodative policies and stability in the bond and foreign exchange markets. Timmer suggests that Bitcoin's official closing in 2025 could be favorable. Previously, Bitcoin treasury companies provided 'returns' by issuing stocks to purchase Bitcoin, which might now pose a resistance to Bitcoin's rise and raise questions about the end of another four-year cycle. However, examining Bitcoin's mature network curve structure reveals that since 2010, Bitcoin has experienced five waves of upward trends, with each wave's increase being smaller than the previous one but lasting longer. From the recent bull market, which began around $16,000 in 2022, it is evident that Bitcoin has reached a significant level of maturity. According to the five-wave trend chart shared by Jurrien Timmer, the peak price in the fifth wave could be $151,360.

Jurrien Timmer, Global Head of Macro at Fidelity, wrote on the X platform that with the current over-speculation in the crypto market subsiding and market sentiment improving, Bitcoin's ending in 2025 is actually quite promising, especially given the backdrop of the Federal Reserve's accommodative policy and a calm bond and foreign exchange market. Previously, Bitcoin treasury companies offered "yields" by issuing shares to purchase Bitcoin, which may now be a drag on Bitcoin's rise, raising questions about whether another four-year cycle has ended. However, observing the mature network curve structure of Bitcoin reveals that since 2010, Bitcoin has experienced five waves of upward movement, each with a smaller increase but a longer duration. Its performance in the most recent bull market (starting at approximately $16,000 in 2022) demonstrates that Bitcoin has matured considerably. According to the five-wave upward trend chart shared by Jurrien Timmer, the peak price of Bitcoin in the fifth wave may be $151,360.

At the Solana Breakpoint 2025 conference, Pyth Network announced the establishment of the PYTH Reserve, which will use protocol revenue through a DAO vault to use one-third of its vault for PYTH buybacks each month.

DTCC's depository subsidiary has received an SEC No-Action Letter clearing it to offer a tokenization service for U. S. securities. source: https://www.theblock.co/post/382331/dtcc-subsidiary-tokenization-service-us-securities?utm_source=rss&utm_medium=rss

null source: https://x.com/CoinMarketCap/status/1999441706270490667

null source: https://x.com/CoinMarketCap/status/1999441693989568635

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.

Fintech 3.0 will coexist with traditional finance for many years, but its development direction is already clear. Stablecoin infrastructure is expected to become a core component of global finance.

The implementation of CARF is expected to further enhance the tax transparency of Hong Kong's cryptocurrency market, impacting trading platforms, custodians, individual investors, and traditional financial intermediaries.

The U.S. Depository Trust and Clearing Corporation (DTCC) received a "no action" letter from the SEC, authorizing it to launch a new service for tokenizing custodial assets such as stocks and bonds to accelerate the adoption of digital assets.