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.

1. Sources: The Bank of Japan will pledge further interest rate hikes at its policy meeting next week; 2. Data: 73 projects have raised over $10 million in the past three months, mainly concentrated in prediction markets, payments, and RWA sectors; 3. Kalshi, Crypto.com, Robinhood, Coinbase, and Underdog, five major platforms, jointly established a prediction market alliance, committed to the compliant development of prediction markets; 4. Circle CEO: The market capitalization of the tokenized fund USYC has increased by 737.7% in the past 30 days; 5. Matrixport: Bitcoin exhibits phased adjustment characteristics during the Fed's wait-and-see approach and market pressure; 6. "1011 Insider Whale" continues to increase its long positions, with its ETH holdings now worth nearly $500 million; 7. BGA: Web3 games are shifting towards a sustainable model, and industry confidence and maturity are recovering; 8. China Construction Bank responds to card lockouts due to transfer remarks "Dogecoin": Risk monitoring will be triggered, and account transactions will be restricted; 9. South Korean media: Binance only partially cooperated in freezing Upbit's stolen assets; most of the funds involved in the Solana case have already been laundered. 10. Japan's National Tax Agency: The 2024 cryptocurrency tax investigation recovered 4.6 billion yen in taxes, an increase of more than 30% year-on-year.

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.

According to the official announcement, from 00:00 on December 11, 2025 to 00:00 on January 11, 2026 (UTC+8), users holding USDG in their OKX funds, trading, and lending accounts will automatically earn an annualized return of up to 4.10% provided by the OKX platform. This return can be withdrawn or used at any time, allowing users to combine trading and wealth management. Users can check their earnings at any time through the OKX APP (version 6.136.10 and above) - Assets - click on USDG. The platform will continue to expand the application of USDG in more trading and wealth management scenarios. It is understood that USDG is issued by Paxos Digital Singapore Pte. Ltd. (PDS) and has been approved by the Monetary Authority of Singapore (MAS) to provide digital payment token services as a primary payment institution. This approval allows PDS to issue USDG, a stablecoin that complies with the upcoming stablecoin framework of the MAS.

The approval positions blockchain technology not as an experiment but as a formal component of the U. S. market structure.  Key […] The post DTCC Wins Approval to Tokenize U. S. source: https://coindoo.com/dtcc-wins-approval-to-tokenize-u-s-securities-using-chainlink/

null source: https://x.com/solidintel_x/status/1999438211047915940

Cardano's Charles Hoskinson unexpectedly turned to the XRP crowd with a DeFi summit idea, just as Solana confirms XRP integration and the Ethereum-led narrative starts to crack. source: https://u.today/cardano-founder-turns-to-xrp-community-in-surprise-defi-move

Key Insights In a major XRP news today, Ripple announced that AMINA Bank has become the first European bank to go live with Ripple Payments. The crypto infrastructure giant will support near real-time cross-border payments for bank clients. Traders respond immediately to the announcement to trigger a slight bounce in XRP price source: https://www.thecoinrepublic.com/2025/12/12/xrp-news-ripple-partners-amina-bank-to-expand-payments-in-europe/

The initiative represents a broader shift in which major financial players are beginning to deploy real, production-ready tokenization products rather […] The post State Street, Galaxy, and Ondo Launch New On-Chain Liquidity Fund on Solana appeared first on Coindoo. source: https://coindoo.com/state-street-galaxy-and-ondo-launch-new-on-chain-liquidity-fund-on-solana/

According to Foresight News, Carl Rinsch, director of '47 Ronin,' has been convicted of defrauding Netflix by misappropriating $11 million to purchase cryptocurrency and luxury items. The 48-year-old producer was commissioned by Netflix in 2018 to create the sci-fi series 'Conquest' (originally titled 'White Horse'). Between 2018 and 2020, Netflix provided his production company with $44 million in funding. In 2020, Rinsch requested an additional $11 million to complete the series, but prosecutors accused him of diverting these funds through multiple bank accounts, eventually consolidating them into a personal securities account. Within two months of receiving the money, he lost over half of the $11 million through securities investments. Rinsch then began speculating in cryptocurrency, purchasing luxury goods, and covering personal expenses. He is scheduled to be sentenced on April 17, 2026, and faces up to 90 years in prison: up to 20 years for wire fraud, up to 20 years for money laundering, and up to 10 years for each of the five counts of using criminal proceeds.

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.