According to SoSoValue data, the crypto market declined across the board, with Layer 2 crypto leading the drop at 3.59%. Celestia (TIA) fell 4.83%, and Mantle (MNT) dropped 5.67%, but Movement (MOVE) bucked the trend, rising 8.16%. Additionally, Bitcoin (BTC) fell 1.36%, briefly dipping below $88,000 before recovering to above $89,000. Ethereum (ETH) fell 0.31%, rebounding above $3,100 after dropping to $3,000. In other sectors, the Layer 1 sector fell 1.25% in the last 24 hours, but TRON (TRX) rose 2.38%; the CeFi sector fell 1.37% in the last 24 hours, with Canton Network (CC) relatively resilient, rising 1.64%; the PayFi sector fell 1.52%, with Trust Wallet (TWT) surging 1.84% intraday; the Meme sector fell 2.00%, with PIPPIN (PIPPIN) rising 2.21%; and the DeFi sector fell 2.39%, with MYX Finance (MYX) bucking the trend and rising 3.67%. The crypto sector indices reflecting historical sector performance show that the ssiLayer1, ssiCeFi, and ssiLayer2 indices fell 0.75%, 1.33%, and 3.93%, respectively.

Markos Mom, writing on the X platform, stated that 24/7 Nasdaq contracts are not a true index; their prices are driven almost entirely by positions, leverage, funding rates, and liquidation mechanisms, rather than new information about the underlying companies, options, or geopolitical events. When the real market closes, there is no ETF arbitrage, options market, or cash-to-equity flow. It's simply a price, a liquidation engine, and traders' predictions of the opening. He points out that this is no longer price discovery, but a stress test. This explains why a sudden 4% drop can occur on a calm weekend, followed almost immediately by a recovery to the previous range. This sudden volatility is not mean reversion, but rather due to a public countdown until the reference market reopens, forcing the market to re-anchor. This distinction explains why the product sometimes experiences sudden and dramatic misalignments. Low volatility encourages leverage, leverage accumulates stop-loss orders, stop-loss orders fuel liquidation, and liquidation causes significant temporary volatility. The product's weekend volatility is not limited by logic or fair value, but by balance sheets and margin requirements. For most people, this is a coin toss gamble with a certain convergence of future events and an extremely uncertain path.

Key Insights The Crypto Market Structure Bill is expected to usher in a new frontier for crypto regulation. The highly anticipated legislation was scheduled for approval before the end of 2025, but fresh data suggests that it may face another delay. source: https://www.thecoinrepublic.com/2025/12/14/sec-chair-says-regulators-are-ready-for-the-crypto-market-structure-bill/

On Dec 15, 2025, 02:08 AM(UTC). According to Binance Market Data, BNB has crossed the 890 USDT benchmark and is now trading at 890.289978 USDT, with a narrowed narrowed 0.57% decrease in 24 hours.

Yi Lihua posted on the X platform that the decline is limited, while the rise is unlimited. The core of investing is to control risk and measure the risk-reward ratio. Recently, whales have been continuously buying ETH, and he still believes that now is the best time to buy spot.

According to official sources, Gate.com has launched RAVE perpetual contract trading (USDT settlement), supporting leverage from 1x to 20x. It is also now available on the Gate Perp DEX.

Leading cryptocurrencies fell on Sunday, while stock futures edged up, as investors brace for a barrage of key macroeconomic data this week. source: https://www.benzinga.com/crypto/cryptocurrency/25/12/49383718/bitcoin-ethereum-xrp-dogecoin-slide-analyst-warns-70000-could-come-into-play-for-btc-unless-it-defends-this-level?utm_source=cryptopanic.com&utm_campaign=partner_feed&utm_medium=referral

Top cryptocurrency leaders, including Michael Saylor, traveled to Abu Dhabi to meet with wealthy investors. source: https://www.cryptopolitan.com/crypto-titans-flock-to-abu-dhabi/

null source: https://x.com/lookonchain/status/2000382027225563556

As this cycle gradually comes to an end, it feels like Ethereum has never truly had its moment of glory.

The SEC chairman's speech was not only a summary of the year, but also a systematic exposition of the future development path of the U.S. capital market.

The x402 v2 version, based on production deployment experience, represents a fundamental architectural change.

Jinse Finance launches its daily cryptocurrency and blockchain news bulletin, "Jinse at 8 AM," issue 2909, providing you with the latest and fastest news on the digital currency and blockchain industry.

Although this article is short, it is packed with information because many of the architectural overviews are highly condensed, and since many of the technologies mentioned above are not fully open source, most of the technical implementations are derived from the analysis of published information.

Ethereum is emerging as a universal financial backend, reducing the cost and complexity of building financial services while improving speed and security.

No industry has been right all along until it truly changes the world.

The exposed cases are always in the minority. No matter what slogans exchanges shout, the inherent characteristics of blockchain technology determine that it will provide convenient conditions for insider traders.

Golden Weekly is a weekly blockchain industry summary column launched by Golden Finance, covering key news, mining information, project updates, technological advancements, and other industry dynamics.

Financial System, Gold, Silver Crisis—When the Paper System Begins to Fail: When the music stops, only those with real gold and silver can sit comfortably.