On Dec 02, 2025, 01:07 AM(UTC). According to Binance Market Data, Bitcoin has crossed the 87,000 USDT benchmark and is now trading at 87,293.75 USDT, with a narrowed narrowed 0.03% decrease in 24 hours.

According to Foresight News, Bitcoin mining company Iren is set to raise $2 billion through the issuance of convertible bonds, as reported by Bloomberg. The plan includes two sets of bonds: $1 billion maturing in 2032 with an interest rate ranging from 0% to 0.25%, and another $1 billion maturing in 2033 with an interest rate between 0.5% and 1%. The bonds have terms of 6.5 years and 7.5 years, respectively.

In the ever-evolving landscape of cryptocurrency, a pressing question looms over investors and enthusiasts alike: will Bitcoin maintain its value beneath the $100,000 mark, or will it embark on a new rally that might propel it to greater heights in 2026? To gain insight into this pivotal development, it is crucial to analyze the underlying chart patterns, as well as the current dynamics surrounding Bitcoin's supply. By examining these factors, we can better understand the potential price movements of this leading digital asset in the years to come. source: https://blocknews.com/will-bitcoin-stay-under-100k-or-start-a-new-rally-in-2026-here-is-how-the-chart-and-supply-dynamics-look/

According to BlockBeats, Michael Burry, a well-known American investor, has announced that he is short selling shares of electric vehicle manufacturer Tesla. Burry expressed concerns over what he describes as the 'outrageously high' valuation of Tesla's stock.

SEC's Paul Atkins to deliver a pivotal speech on American capital market advancements at NYSE's 250th anniversary event. source: https://coincu.com/news/sec-paul-atkins-market-innovations/

According to PANews, a report from Miner Weekly highlights significant challenges in the Bitcoin mining industry due to a sharp decline in profitability. In November, Bitcoin experienced a substantial price correction, causing the revenue per unit of hash power to drop from $55 to $35 per PH/s. This figure is now below the median total cost of approximately $44 per PH/s for publicly listed mining companies. The global hash rate is nearing 1.1 ZH/s, resulting in a payback period for the latest mining machines exceeding 1,000 days, which is longer than the countdown to the next halving event. In response to these challenges, companies like CleanSpark have repaid their Bitcoin-backed loans and raised over $1 billion in financing. Additionally, Cipher and Terawulf have collectively secured over $5 billion in funding during the fourth quarter. Many mining companies are shifting their strategies towards deleveraging and maintaining liquidity as the industry enters a new phase of survival selection. This trend reflects the growing pressure on miners to adapt to the evolving economic landscape and ensure their long-term viability.

Vanguard is now permitting crypto ETFs on its platform. source: https://www.cryptopolitan.com/vanguard-allows-new-access-to-crypto-etfs/

According to ChainCatcher, South Korea's largest cryptocurrency exchange, Dunamu Inc., is set to be sold to the fintech division of Naver Corp. Founders Song Chi-hyung and Kim Hyoung-nyon agreed to the all-stock transaction last week. Bloomberg Billionaires Index reports that in this $13.6 billion merger, Song Chi-hyung will receive a 19% stake in the combined entity, valued at $2.7 billion, while Kim Hyoung-nyon will obtain a 10% stake, worth $1.4 billion. This deal propels both founders into the ranks of the world's wealthiest individuals.

According to ChainCatcher, the Acting Chairman of the U.S. Federal Deposit Insurance Corporation (FDIC), Travis Hill, announced in testimony to the House Financial Services Committee that the FDIC plans to introduce its first regulatory proposals for stablecoin issuers. These proposals aim to implement the U.S. Stablecoin National Innovation Guidance and Establishment Act (GENIUS Act). The initial set of rules will outline the process for stablecoin issuers to apply for federal regulation, with further prudential requirements for FDIC-regulated payment stablecoin issuers, including capital standards, liquidity requirements, and reserve asset quality oversight, expected early next year. The FDIC, along with the Treasury Department and other agencies, is advancing its regulatory responsibilities under the GENIUS Act. The proposed rules will undergo a public comment period before being finalized. Hill also mentioned that the FDIC is developing additional guidance on the regulatory status of 'tokenized deposits' based on recommendations from the President's Working Group on Financial Markets. The hearing will also include testimonies from other financial regulatory bodies, such as the Federal Reserve. Federal Reserve Vice Chair for Supervision, Michelle Bowman, stated that the Federal Reserve is working on a regulatory framework for stablecoin issuers, focusing on capital, liquidity, and risk diversification, as required by the GENIUS Act.

According to ChainCatcher, Federal Reserve senior bank regulator Michelle Bowman is set to announce plans for new regulatory rules for banks and stablecoins during a hearing at the House Financial Services Committee on Tuesday. The initiative aims to foster healthy competition among traditional Wall Street financial institutions, fintech companies, and cryptocurrency enterprises. In her prepared remarks, Bowman emphasized the responsibility of regulators to encourage innovation responsibly while enhancing oversight of potential safety and soundness risks associated with such innovations.

马斯克最新访谈深入探讨了他对未来的宏大愿景，对话涵盖了“X”平台演变、AI与人类集体意融合，分享了他对美国债务危机、模拟理论、人口崩溃和AI安全原则的深刻思考。

Jinse Finance launches its cryptocurrency and blockchain industry daily news bulletin, "Jinse Morning 8," issue 2896, providing you with the latest and fastest news on the digital currency and blockchain industry.

12 月 2 日，AB 慈善基金会再度追加捐款 300 万港币。至此，AB 慈善基金会就本次大埔宏福苑火灾相关项目，已通过中国和平统一促进会香港总会累计捐出资金共计 1500 万港币。

On 2 December 2025, the AB Charity Foundation further announced an additional donation of HKD 3 million. With this third contribution, the Foundation has now donated a total of HKD 15 million via the Hong Kong Association for the Promotion of Peaceful Reunification of China to support projects related to the Kwong Fuk Estate fire.

Cryptocurrency: When we talk about "thirteen departments cracking down on cryptocurrency speculation," what are we really discussing? Golden Finance: Partners, don't believe or spread rumors; just conduct business in compliance with regulations.

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.

Micro-strategists have a new weapon: pledging their Bitcoin holdings to borrow $130 million and generating cash flow without selling the coins.

Prediction markets have a gambling nature, but they are unlikely to generate the retention and expansion that gambling does.

2025 年 11 月 28 日，AB 慈善基金会捐款 1000 万港币，随后在 12 月 1 日，AB 慈善基金会再追加 200 万港币，两次捐款共 1200 万港币，与中国和平统一促进会香港总会共同用于支持大埔宏福苑火灾的紧急救援及灾后社区重建工作中。

Lower your standards to be compatible with common internet standards and proactively reach into users' pockets.