According to PANews, data from SoSoValue indicates that on December 11, Bitcoin spot ETFs saw a total net outflow of $77.34 million. The Blackrock ETF IBIT recorded the highest single-day net inflow of $76.70 million, bringing its historical total net inflow to $62.68 billion. Bitwise ETF BITB followed with a single-day net inflow of $8.44 million, with its historical total net inflow reaching $2.29 billion. Conversely, the Fidelity ETF FBTC experienced the largest single-day net outflow of $104 million, while its historical total net inflow stands at $12.177 billion. As of the latest report, the total net asset value of Bitcoin spot ETFs is $119.925 billion, with an ETF net asset ratio of 6.55% relative to Bitcoin's total market capitalization. The cumulative historical net inflow has reached $57.855 billion.

According to Odaily, Trend Research's latest report highlights a strong bullish sentiment for Ethereum. The report outlines several key factors contributing to this outlook. Firstly, there is a growing consensus on Wall Street, reinforced by the recent statement from the SEC Chairman about the financial sector's migration to blockchain. U.S. President Donald Trump and American political and economic elites are collaboratively advancing the tokenization of U.S. Treasury bonds, with Ethereum playing a central role. Secondly, the Fusaka upgrade is reshaping Ethereum's value. Blob fees have surged, leading to the burning of over 1,500 ETH in a single day, accounting for 98% of the total. The prosperity of Layer 2 solutions is significantly benefiting the mainnet, indicating an imminent deflationary trend. Lastly, the technical landscape is undergoing a significant cleansing. Speculative leverage has dropped to a historic low of 4%, and exchange reserves are down to just 10%. The ETH/BTC pair is showing resilience, with short positions weakening and a potential short squeeze on the horizon. Amidst a rate-cut cycle, capital is rotating from Bitcoin to Ethereum, which offers practical utility. For further details, the original report titled "Blockchain Revolution: Ongoing Bullish Sentiment for Ethereum" can be accessed through Trend Research.

According to Foresight News, a report by China News Weekly reveals that a couple in China faced account restrictions after transferring 250 yuan to each other with the note 'Dogecoin this week' via China Construction Bank. This note triggered an investigation, leading to their accounts being locked. Recently, the couple received calls from bank staff to verify their relationship and the reason for the transaction note. The bank indicated that the note had activated a 'virtual currency control,' resulting in their accounts being set to a 'no deposit, no withdrawal' status. The bank informed Ms. Yu that to lift the restrictions, her husband must provide several months of bank statements, and upon approval, sign a declaration confirming no past or future involvement in virtual currency transactions. Her husband, however, is in discussions with the bank, opposing the direct account usage limitations. China News Weekly contacted the China Construction Bank hotline for clarification. The staff mentioned they had not received any information regarding virtual currency control and advised consulting the relevant branch for details. A staff member from a Dalian branch of the bank stated that if an account is involved in virtual currency transactions, it would be subject to 'no deposit, no withdrawal' control. If a transfer note mentions 'Dogecoin,' the account holder must provide evidence that the note is unrelated to virtual currency. However, proving this is challenging, as bank statements alone are insufficient, leaving account holders with the option to close the account.

null source: https://x.com/CoinMarketCap/status/1999356564486967471

Story, a programmable IP blockchain, announced a partnership with EigenCloud, a verifiable decentralized computing platform, to jointly build a "Verifiable Intelligence" system. This system will enable end-to-end verification of AI data, models, execution, and payments. It will drive AI from a black box to an open network that is auditable, provable, and settlementable: data and models will have on-chain proof of origin, training and inference will generate execution credentials, and licensing and revenue distribution will be automated. The collaboration will support AI agents in autonomously discovering, invoking, and paying for the use of on-chain skills, accelerating the development of a verifiable AI economy and agency-based business models.

Recently, a user's account was restricted to a "no receiving, no sending" status by China Construction Bank (CCB) after the words "Dogecoin" appeared in the bank transfer remarks, drawing attention. The user stated that several months ago, they and their spouse transferred 250 yuan of pocket money between their CCB accounts, with the remark "Dogecoin this week." Subsequently, both received calls from the bank to verify their relationship and the meaning of the remark, and were informed that the remark triggered "virtual currency control" risk monitoring. CCB staff requested relevant bank card statements and a written commitment to prove that the transfer was not a virtual currency transaction; only after the verification was approved could the account be unblocked. Some branch staff stated that if the transfer remarks contain virtual currency keywords, proof that it is unrelated to virtual currency is required; otherwise, the account may not be unblocked and may have to be cancelled. In response, CCB customer service stated that the bank does not conduct virtual currency transactions, but if the system identifies high-risk behavior, the account may be temporarily restricted from trading; the specific judgment criteria need to be explained by the account opening bank or account manager. Industry insiders pointed out that the relevant handling is related to the bank's internal risk control and regulatory requirements. According to Xinhua News Agency, on December 5th, seven associations, including the National Internet Finance Association of China, jointly issued a risk warning, requiring member units to refrain from participating in the issuance and trading of virtual currencies and related tokens within China, and reminding the public to be vigilant about related risks. (Sina Finance)

On Dec 12, 2025, 05:48 AM(UTC). According to Binance Market Data, BNB has crossed the 890 USDT benchmark and is now trading at 890.75 USDT, with a narrowed 1.98% increase in 24 hours.

Binance only froze a portion of the funds after receiving a request from South Korean police to freeze stolen Upbit crypto assets. Reports indicate that after Upbit was hacked on September 27th, the stolen assets were laundered through multiple layers of transfers, splits, and cross-chain operations, with most of the funds ultimately flowing into third-party service wallets on the Binance platform. Police and Upbit requested Binance to freeze approximately 470 million won worth of Solana tokens on the morning of the incident, but Binance only froze approximately 80 million won, or about 17% of the requested amount, citing the need for further verification. The freezing was completed approximately 15 hours after the request. Regarding the partial freezing and delays, Binance responded that it could not provide specific details about the ongoing investigation in principle, but would continue to cooperate with relevant law enforcement agencies and partners according to established procedures. Blockchain researchers pointed out that rapid initial freezing after a hack is crucial to minimizing losses and suggested establishing a global emergency cooperation mechanism between exchanges to improve emergency response efficiency. The report also stated that the hackers had exchanged most of their Solana assets for Ethereum, possibly due to its higher market liquidity and relatively easy subsequent monetization. (KBS)

The Japanese National Tax Agency announced the results of its tax investigations for fiscal year 2024 (July 2024 to June 2025) on December 11. The results showed that 613 on-site investigations were conducted against individuals involved in cryptocurrency transactions, resulting in the recovery of approximately 4.6 billion yen in taxes, an increase of about 31.4% from the 3.5 billion yen in the previous fiscal year. The number of investigations also increased by about 14.6% year-on-year. The National Tax Agency pointed out that cryptocurrency-related cases saw significantly higher tax recoveries per transaction and higher rates of underreported income compared to the overall average for income tax on-site investigations. Current tax investigations focus on the accuracy of profit and loss calculations, the completeness of transaction records, and the reporting of special transactions such as DeFi, airdrops, mining, and staking. If multiple domestic or international exchanges are involved, all profits and losses must be reported together; otherwise, it may be considered an omission in the reporting. Furthermore, the National Tax Agency stated that it has continuously strengthened the collection and analysis of data on internet transactions and introduced AI technology to assist in screening investigation targets. If an entity is found to have underreported or failed to file tax returns, in addition to paying back taxes, it may also be subject to late payment taxes and surcharges. The maximum surcharge for non-reporting can be 20%, and if there is intentional concealment or falsification, the recalculation tax rate can reach as high as 35% to 40%. At the tax system level, the Japanese government and ruling party are discussing adjusting income from crypto assets from the current comprehensive taxation to a separate taxation system similar to stocks, with a potential uniform tax rate of 20%, and the introduction of profit and loss accounting and loss carry-forward mechanisms. The relevant reform directions are expected to be further clarified in the tax reform outline at the end of the year. (CoinPost)

YouTube has reportedly adopted the feature shortly after PayPal enabled PYUSD as a payout method for recipients in the third quarter. source: https://decrypt.co/352125/youtube-us-creators-take-earnings-paypals-stablecoin

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.

Farcaster, a star project that raised $180 million and was valued at nearly $1 billion, announced a strategic shift. What lessons can we learn from this?

Why is it that the same strategy is a legend when it works for Strategy, but a joke when others try it? In an era where AI narratives are crushing everything like freight trains, is Bitcoin still the best safe haven for assets?

The Federal Reserve's shift to easing will spill over globally. Emerging markets will benefit from a weaker dollar, but the European Central Bank and the Bank of Japan may follow suit with interest rate cuts. Crypto assets may become beneficiaries of liquidity.

Jinse Finance launches its daily cryptocurrency and blockchain news bulletin, "Jinse 8 AM," issue 2906, providing you with the latest and fastest news on the digital currency and blockchain industry.

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