According to BlockBeats, Spencer Hallarn, head of over-the-counter trading at GSR, commented on the current market conditions. He noted that most bullish positions have been largely eliminated, creating a foundation of skepticism. Hallarn highlighted that perpetual contract funding rates are very low, even negative, indicating minimal leverage in the market. Overall, he believes this structure is quite favorable for a Santa rally, suggesting a positive market outlook as the year comes to a close.

Utilizing the ATM structure, Strive gains the flexibility to sell shares directly to the market at prevailing prices over a period. source: https://www.theblock.co/post/381997/strive-at-the-market-offering-bitcoin?utm_source=rss&utm_medium=rss

According to Odaily, economist and cryptocurrency critic Peter Schiff has taken to the platform X to criticize MicroStrategy founder Michael Saylor. Schiff highlighted Saylor's claim of acquiring digital capital, issuing digital credit, and converting it into digital currency that can be deposited into bank accounts. Schiff described Saylor's assertion of achieving a risk-free, 8% tax-deferred perpetual yield with zero volatility as extremely irrational.

经济学家兼加密货币批评者 Peter Schiff 在 X 平台发文批评 MicroStrategy 创始人 Michael Saylor。Schiff 指出，Saylor 声称可以获取数字资本，利用其发行数字信贷，随后将其转化为可存入银行账户的数字货币。根据 Schiff 的描述，Saylor 宣称该模式可带来无风险、8% 的延税永久收益，且波动性为零。Schiff 认为这一观点极度疯狂。

Binance’s CZ warned that new co-CEO Yi He’s long-abandoned WeChat account was hacked and used to push a meme coin. source: https://cryptonews.com/news/binance-co-ceo-yi-he-wechat-hacked-promote-meme-coin/

探索代币化股票格局以及Backed xStocks在Solana平台上的应用情况

Bitcoin has reclaimed the $92,000 level after weathering $2 billion in liquidations, as traders and investors increasingly concentrate on major cryptocurrencies. Both BTC dominance and ETH dominance remain elevated, indicating a growing preference for established digital assets during times of economic uncertainty. Compressed basis rates and declining open interest mark the ongoing consolidation in the crypto market. As a result, both institutional and retail participants are moving capital into the most reputable assets, showing limited appetite for leverage source: https://beincrypto.com/bitcoin-ethereum-dominance-crypto-consolidation/

استرجع بيتكوين مستوى 92 000 دولار بعد مقاومته لتصفية مراكز بقيمة 2 مليار دولار، حيث يزداد تركيز المتداولين والمستثمرين على العملات الرقمية الكبرى. تبقى هيمنة btc وeth مرتفعة، ما يدل على تفضيل متزايد للأصول الرقمية الراسخة في أوقات عدم اليقين الاقتصادي. تشهد معدلات الفائدة المضغوطة وانخفاض الفائدة المفتوحة استمرار مرحلة التماسك في سوق العملات الرقمية. ونتيجة لذلك، يقوم كل من المؤسسات والمستثمرين الأفراد بتوجيه رؤوس أموالهم نحو أكثر الأصول موثوقية، ما يظهر شهية محدودة لاستخدام الرافعة المالية source: https://ar.beincrypto.com/bitcoin-ethereum-dominance-crypto-consolidation/

According to ChainCatcher, data from Coinglass indicates that if Ethereum's price falls below $3,145, the liquidation intensity of long positions across major centralized exchanges could reach $1.186 billion. Conversely, if Ethereum surpasses $3,470, the liquidation intensity of short positions on these exchanges could total $1.017 billion.

According to BlockBeats, the IoTeX team attended the Washington Policy Summit as the chair of the Blockchain Association DePIN working group. The team engaged in in-depth discussions with several key policymakers, including U.S. Securities and Exchange Commission (SEC) Chairman Paul Atkins, Senator Bill Harley, and Representative Haley Stevens. The summit focused on critical topics such as crypto market structure, stablecoins, and real-world assets (RWA). IoTeX co-founder Jing highlighted in discussions with SEC Chairman Atkins that machine networks and artificial intelligence are paving the way for a new economy. The on-chain tokenization of DePIN and RWA can help the U.S. open capital access, alleviate energy shortages during the AI revolution, and enable ordinary people to participate in the new economy, thereby promoting the widespread adoption of stablecoins. Regarding crypto asset regulation, SEC Chairman Atkins expressed a positive outlook, stating that most tokens, including DePIN networks and digital tools, would not be classified as securities, and ICO fundraising might resume in the U.S. Atkins further revealed that the SEC plans to advance token classification and innovation exemption mechanisms next year to provide a clearer regulatory path. As the global regulatory framework accelerates, IoTeX is deeply involved in high-level government dialogues, aiming to promote compliance processes based on technological innovation and support the U.S. in maintaining a leading position in digital currency developments within decentralized infrastructure and AI sectors.

Coinbase Institutional 表示，尽管 11 月市场走势波动，但相关指标显示杠杆与投机仓位已显著回落，这可能为年底行情奠定更稳健基础。数据指出，BTC、ETH、SOL 永续合约未平仓量环比下降 16%；美国现货 ETF 流出 35 亿美元 BTC 和 14 亿美元 ETH；BTC 永续合约资金费率一度跌至 90 日均值下方 2 个标准差后回升。Coinbase Institutional 认为，随着系统性投机杠杆率已从夏季的约 10% 回落至 4%–5%，市场结构更为健康，短期内对剧烈回调的敏感性降低。

Tempo 启动了公共测试网络，允许公司在专为快速、低费用交易设计的区块链上构建稳定币支付应用。该项目得到了银行、金融科技公司和科技公司的支持，早期测试包括汇款、代币化存款和人工智能驱动的计费。

美联储内部分歧越多、分歧越公开，就越让人质疑美联储在多大程度上愿意变得更加政治化。一场分歧空前的会议，将如何重塑2026货币政策走向？

这次监管重锤之后，是风雨欲来的下跌前兆，还是又一次「利空出尽」的起点？让我们透过五次关键政策节点，看懂风暴后的轨迹。

美联储主席杰罗姆·鲍威尔和联邦公开市场委员会（FOMC）开始为期两天的会议，市场正密切关注美联储是否会降息。

Circle正在开发一种名为USDCx的新的隐私增强型稳定币，它与Aleo一起构建，允许保密的链上交易。随着越来越多的美国银行和公司开始在新的监管框架下测试稳定币支付系统，该系统也随之推出。

稳定币,加密抵押贷款,借贷,为何私人信贷将开启下一个稳定币周期？ 金色财经,低抵押信贷将引领下一轮稳定币周期，原因如下。

落实《指南》的关键在于将其要求深度嵌入具体业务场景与操作流程，实现风险管理与日常经营的“无缝融合”。

金色财经推出加密货币和区块链行业早报《金色早8点》2904期，为您提供最新、最快的数字货币和区块链行业新闻。

加密货币,监管,挖矿,中本聪,BTC,两个世界的叙事：全球加密监管格局分析 金色财经,探寻加密货币机构化重生的根源。