美国经济正处于债务-通胀恶性循环中，2025年的数据已敲响警钟。展望2026年，美国经济面临“三难”：债务、通胀与增长。

According to PANews, Japanese publicly traded company Metaplanet has not increased its Bitcoin holdings since September 30. The company's Bitcoin reserves remain at 30,823 units.

On December 5, two Bitcoin Casascius coins moved a total of 2,000. 0027811 BTC after being dormant since 2011–2012. source: https://www.cryptopolitan.com/two-bitcoin-casascius-move-13-2-years/

According to BlockBeats, a report from CICC suggests that if Hassett becomes the new Federal Reserve Chair, U.S. Treasury rates and the dollar may initially decline before rising, which could be beneficial for U.S. stocks overall. The timeline indicates that U.S. President Donald Trump will announce the new chair nomination in early 2026. Hassett would first need to be nominated as a Federal Reserve governor and confirmed by the Senate, followed by a nomination for chair and another confirmation. He could officially take over after the current chair, Powell, completes his term in May 2026, potentially leading the June FOMC meeting. The first quarter of next year is crucial for market expectations following the new chair nomination. If Hassett's stance is overly dovish, there is a possibility of U.S. Treasury rates and the dollar temporarily declining beyond expectations. However, as long as this does not significantly breach concerns over "loss of independence," expectations combined with U.S. economic recovery could lead to an upward trend in Treasury rates and the dollar.

ZKsync announced a planned, orderly deprecation of ZKsync Lite in 2026, confirming that funds remain safe and future development will focus on the ZKsync network. The post ZKsync to Deprecate ZKsync Lite (1. source: https://btcusa.com/zksync-to-deprecate-zksync-lite-1-0-in-2026-as-focus-shifts-to-next-generation-zk-network/

A new dataset shared by River highlights a major structural shift in Bitcoin ownership: ETFs and publicly traded companies now collectively hold more BTC than centralized exchanges. The crossover marks one of the most important developments in Bitcoin’s supply distribution since institutional accumulation began accelerating in late 2020. source: https://www.ethnews.com/etfs-and-public-companies-now-hold-more-bitcoin-than-exchanges/

Binance Founder CZ announces 300 million registered users, marking a significant advancement in global cryptocurrency adoption. source: https://coincu.com/news/binance-300-million-users-milestone/

金色财经推出加密货币和区块链行业早报《金色早8点》2902期，为您提供最新、最快的数字货币和区块链行业新闻。

PENGU price surged by 8% as the Pudgy Penguins x Care Bears Partnership initiated the bullish momentum source: https://ambcrypto.com/pengu-surges-after-care-bears-collab-a-breakout-is-on-the-table-if/

未来值得关注的是，以隐私为先、专注于支付的区块链将如何发展。

摩根大通分析师团队（由高级策略师 Nikolaos Panigirtzoglou 领导）于 12 月 4 日发布了一份研究报告。

项目,agent,加密代理人是下一个重要趋势 金色财经,AgentFi自动优化收益，简化交易策略。

2025年11月，MS发布了“Financial Inclusion via FinTech: From Digital Payments to Platform Investments”一文。

外汇市场根本不是我以为的"换汇市场"。 更准确地说，在那每日7.5万亿美元的庞大交易量里，大部分压根不是在"换汇"——而是一个庞大且隐形的全球美元借贷网络。

金融在西方是一种社会动员手段，只有在“国家—社会”分立乃至对立的情况下才能发挥奇效，但在家国同构的东方大国，社会动员依赖于水利工程和治理能力。

连续两个周五中国内地政府和行业组织对虚拟货币重拳出击，尤其是对稳定币和RWA的定性和定调，震动业界。它禁止了什么，留下了什么，关上这扇门，是否还会打开另外一扇窗？

一位券商首席分析师告诉巴伦中文网，此前内地的RWA项目肯定不符合最新的监管精神。截至目前，内地此前尝试的RWA项目几乎都已经停止。