目前加密货币市场极度分裂。一部分人高喊“熊市已成定局，峰值后一年的崩盘即将来临”，而另一部分人则在关注真正的市场信号。

According to BlockBeats, despite the market's anticipation of another interest rate cut by the Federal Reserve, which has driven U.S. stocks close to historical highs, the real catalyst for the bull market in stocks and other risk assets may not be interest rates. The key factor could be how the Federal Reserve manages its substantial balance sheet and whether it injects new liquidity into the market. Last Friday, the global rates strategy team at Bank of America expressed their expectation that the Federal Reserve will announce this week a plan to purchase Treasury bills with maturities of one year or less at a monthly pace of $45 billion starting in January, as part of its "reserve management operations." Others believe that more time might be needed and that the Federal Reserve may not need to take extensive actions to keep the market running smoothly. Roger Hallam, global head of rates at Vanguard Fixed Income Group, anticipates that the Federal Reserve will begin purchasing Treasury bills at a monthly rate of $15 billion to $20 billion by the end of the first quarter or early second quarter next year. Kelly from PineBridge expects the Federal Reserve to cut interest rates by 25 basis points on December 10, bringing the policy rate to a range of 3.5%-3.75%, moving closer to the historical neutral rate of around 3% aimed at maintaining economic stability.

This week delivered major cross-chain upgrades, governance shifts, high-stakes exploits, and record-breaking volumes across DeFi and infrastructure networks. Data and events were compiled by Wu Blockchain, highlighting where capital, development, and risks are moving across the industry. source: https://www.ethnews.com/this-week-in-crypto-major-moves-upgrades-and-shifts/

Leading cryptocurrencies rallied, while stock futures were little changed on Sunday, as investors geared up for the Federal Reserve’s interest rate announcement. source: https://www.benzinga.com/crypto/cryptocurrency/25/12/49249442/bitcoin-ethereum-xrp-gain-while-dogecoin-trades-flat-sunday-rally-a-great-sign-says-analyst?utm_source=cryptopanic.com&utm_campaign=partner_feed&utm_medium=partner_feed&utm_content=site

According to ChainCatcher, court documents reveal that the Canada Revenue Agency (CRA) has collected over 100 million Canadian dollars through crypto-related audits over the past three years. Despite this, no criminal charges have been filed since 2020, highlighting structural limitations in the country's enforcement capabilities. The report notes that the CRA has a dedicated team of 35 crypto auditors who have handled more than 230 cases. It is estimated that approximately 40% of taxpayers using crypto platforms have either not declared their taxes or pose a high compliance risk. However, the agency's chief crypto auditor admitted in an affidavit that the CRA finds it challenging to reliably identify taxpayers in the crypto sector and assess their compliance with income tax obligations. Additionally, the report states that the CRA has obtained court orders to request data from Dapper Labs, the NFT company behind NBA Top Shot and CryptoKitties, for 2,500 users. Initially, the CRA sought information on Dapper's top 18,000 users but narrowed the scope to 2,500 after negotiations with company executives and lawyers. The CRA filed the application with the Canadian Federal Court in September, marking the second time the court has required a Canadian crypto company to disclose such information. A similar order was issued in 2020 to Toronto-based exchange Coinsquare.

Key TakeawaysBitcoin price consolidation near $91K with mixed technical signalsMacro uncertainty builds ahead of the Federal Reserve meetingTraders monitor $92,387 30-day SMA and $89K support for directionBitcoin Rebounds As ETF Inflows ReturnBitcoin hovered near $91,000 after recovering from a dip toward the mid-$80,000s earlier in the week. The latest catalyst was a surge in U.S. spot Bitcoin ETF demand. Funds recorded $54.79M in inflows on December 5, reversing significant prior outflows and signaling improving institutional confidence.ARK Invest’s ARKB led with $88M in inflows, even as other issuers saw rotation. The return of ETF engagement added support to short-term bullish momentum, helping BTC reclaim key averages.Spot exchange activity, however, continued to cool, contributing to a narrow trading range near the $90K–$92K zone. Technical Picture Shows Mixed MomentumThe technical indicators reveal a mix of strength and caution.Source: TradingViewEMA (10): 90,481 and SMA (10): 90,454 – both supportive of short-term stabilitySMA (20): 89,370 – remains a firm nearby floorSMA (30): 92,387 – immediate resistance and a key marker for broader trend improvementLonger-term averages such as the SMA (100): 106,506 and SMA (200): 109,093 continue to lean defensiveOscillators show balanced conditions: RSI at 46, Stochastic at 62, and Momentum at 224 indicating mild upward interest. The MACD level at −2,051, though still negative, aligns with recent signs of stabilizing market structure. Macro Landscape: Rate Cut Expectations In FocusMarket attention has tightened around the December Federal Reserve meeting, to begin tomorrow. Traders priced a very high probability of a 0.25% rate cut, fueling expectations of increased dollar liquidity.A softer policy stance could strengthen the digital asset narrative, though Bitcoin’s −11.43% 30-day performance reflects lingering uncertainty.Prediction platforms show a split among traders: some expect year-end prices near $80K, others eye $95K, while a smaller group targets $100K sometime before 2026. This reflects low-confidence positioning ahead of major macro announcements. Analyst Insights Shape Forward LevelsVeteran analyst Peter Brandt highlighted a broadening formation, suggesting potential rotation rather than a breakout. He monitors $80,200 as a crucial support, with a deeper marker near $58,800 if broader selling pressure re-emerges.Other analysts focus on $89,000 as a stability zone. Reclaiming and holding above that level has remained important for maintaining constructive market sentiment. A move through the 30-day SMA at 92,387 would mark a stronger shift in trajectory. Market Outlook: What to Watch Amid FOMC CatalystBitcoin’s near-term path likely comes down to:Whether ETF inflows remain steadyHow the FOMC frames 2025 policyWhether BTC can break above $92,387 or risks a slump back toward $89K

null source: https://x.com/lookonchain/status/1997848315598348556

On Dec 08, 2025, 01:57 AM(UTC). According to Binance Market Data, Bitcoin has dropped below 91,000 USDT and is now trading at 90,859.28125 USDT, with a narrowed narrowed 1.70% increase in 24 hours.

通观十三部委与七协会的此番动作，其展现出的是态度坚决，但思维理性的监管智慧。

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。

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。

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。

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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。

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