[Chain News] According to reports, the U.S. Securities and Exchange Commission is scheduled to hold a roundtable on December 15, focusing on sensitive topics such as cryptocurrency, financial surveillance, and privacy. Industry leaders like Zcash founder Zooko Wilcox will be present.
Interestingly, this meeting could become a turning point. The core issue facing regulators is: how much room should be given to crypto privacy projects?
There are currently two possible directions on the table. The first is, if the parties involved can reach some kind of consensus—for example, recognizing that zero-knowledge proof technology can protect privacy while meeting compliance requirements—then the regulatory framework may become more flexible. Specifically, rulemaking for areas like digital asset broker-dealers, alternative trading systems, and custody services could allow reasonable space for privacy technologies.
But the second scenario is less optimistic. If the meeting splits into two camps—with one side insisting

[Crypto World] Strategy CEO Phong Le recently shared some pretty interesting insights in an interview.
He said they already weathered the bear market in 2022. What did they do when Bitcoin dropped? Kept going—issued stocks, issued bonds. As long as they could raise funds at a price above net asset value, they used it to buy crypto. When the market isn’t doing well the pace might slow down, but the overall direction doesn’t change.
Recently, there have been some voices in the market saying Strategy can’t afford to pay dividends anymore, and some people have taken the opportunity to short Bitcoin. Phong Le responded directly: There is absolutely no such issue, it’s pure rumor.
To dispel these doubts, they set up a $1.44 billion dividend reserve fund. What’s more impressive is that it only took eight and a half days to raise the funds, which is enough to pay 21 months of dividends. In his words, this is to show the market that even if Bitcoin is in a down cycle, they can still quickly raise money.

[BlockBeats] According to the latest data from Coinglass, as of December 7, the Bitcoin premium index on a major US compliant platform has remained positive for five consecutive days, with the current reading at 0.0278%.
This premium index is actually quite interesting—it directly reflects the gap between the Bitcoin price in the US market and the global average price. Simply put, it shows how much more people in the US are willing to pay for Bitcoin compared to other places.
What does a positive premium indicate? It means that buying pressure is stronger in the US market, especially as compliant institutional funds are actively entering. US dollar liquidity is also relatively abundant, and the overall investment sentiment leans optimistic.
On the other hand, if the premium turns negative, it means selling pressure is greater, investors are becoming more cautious, risk aversion is rising, or capital is starting to flow out.
So, this indicator is quite useful for judging capital flows, institutional movements, and changes in market sentiment in the US market.

[Crypto World] I’ve been watching DOGE’s movement over the past 4 hours, and it’s pretty interesting.
The price started climbing from the low on December 5, and yesterday at 4 PM there was a strong bullish candle that directly broke through the previous day’s 8 PM high. However, there’s an issue with this bullish candle—the volume didn’t keep up. If you look at the past few hours, trading volume has clearly shrunk while the price keeps rising, a classic sign of volume-price divergence.
The technicals are even more intriguing: the MACD histogram has been negative but is gradually narrowing, indicating that bearish momentum is waning and bulls might take over. The KDJ indicator plunged straight to 9, which is solidly in oversold territory. There haven’t been any clear golden cross or death cross signals, but this level itself is very sensitive.
Looking at the price levels, 0.1349 is a strong support (also a second buy reference), and to the upside, 0.1536 is a clear resistance. If you want to bet on a rebound, you can consider entering at 0.13699 as a test, with a stop-loss set just below that price; if you’re more aggressive, 0

Kyo Finance will be listed on the spot market at 5:00 PM on December 10. The HODLer airdrop event is now live, and GT holders can share 60,000 KYO. The event ends at 3:00 PM on the 10th. There are no participation limits for VIP users—the more you hold, the more you get.

[Bitpush] Recently, I’ve noticed an interesting phenomenon: Bitcoin’s activity data is still climbing, which may indicate that this cycle isn’t completely over yet.
Let me explain what activity means—it basically sums up all on-chain token transactions and hoarding behaviors. The value increases when tokens change hands frequently, and decreases when everyone is hoarding. The numbers are also weighted based on the age of the tokens. In a bull market, chips keep changing hands at higher prices, so activity naturally rises, indicating new capital is entering the market. When the hype fades and buying power isn’t enough, this indicator will start to turn downward. You can think of it as a long-period moving average of on-chain dynamics—it’s pretty intuitive.
Here’s the strange part: although the price has been declining recently, activity is still rising. This means that spot Bitcoin actually has buyers quietly accumulating, it’s just not reflected in the price action yet. Of course, activity usually lags behind price changes, so it can’t be used as a...

Jupiter Exchange's COO admitted that previous claims of the treasury having "zero contagion risk" were not rigorous, as the rehypothecation mechanism makes it impossible to fully isolate collateral. Despite the controversy, Jupiter Lend still has over $1 billion in TVL and has performed steadily during the market crash.

The CEO of a leading exchange stated that Bitcoin is becoming the digital gold of a new era, especially during times of market uncertainty, as more and more people regard Bitcoin as a safe-haven asset. Although this view is not new, it remains significant when expressed by industry leaders. Whether it can truly replace gold still needs time to be verified.

[SZ Blockbeats] There's new activity in the SVM ecosystem. A Layer1 project called Fogo recently launched an interesting mainnet stress test—a fully on-chain fishing game called Fogo Fishing, using high-frequency transactions to simulate real scenarios and test throughput. Currently, TPS has soared past 1000, which is impressive for the testing phase.
This round of testing will last for about two weeks, with snapshots taken at random intervals. Here’s the key point: users who participate in the fishing game or provide liquidity in Valiant Pools will be eligible for an airdrop. The official team has also upgraded the ecosystem points system to version 1.5, which looks like preparation for future token distribution.
Their fundraising history is also quite solid: just this January, they raised $8 million at a $100 million valuation on the Echo platform, led by The Echonomist and CMS.

[Crypto World] Looking at BTC’s 4-hour chart, since the rebound at 4 PM on December 5, the price has indeed pulled back quite a bit. The bullish candle that started at midnight on December 6 directly broke through the early morning high at 4 AM, but the final close of that candlestick was a bit hesitant—though it was a bullish candle, the volume clearly shrank.
Right now, trading volume has dropped quite noticeably compared to the previous few hours. The price is rising but the volume isn’t keeping up, so this price-volume divergence is something to watch out for. On the MACD, there’s something interesting: the histogram is still below the zero line, but the negative value is narrowing bit by bit, indicating that bearish momentum is weakening. The KDJ is hovering around 25, without any clear golden cross or death cross signals—so it’s in a neutral zone.
Based on recent volatility, I’ve marked a few key levels:
Longs can be considered around 85149 or 85453, with a stop loss set below 84599 for safety. If it does move up, the first target is 94721.

BitMine Immersion Technologies, led by Tom Lee, purchased over 64,000 Ethereum in a single day, spending nearly $200 million and successfully buying the dip at a market low. This move caused ETH prices to rebound, demonstrating the institution's determination to increase its Ethereum reserves.

Ripple CTO David Schwartz weighed in on the debate over Bitcoin's scarcity, refuting the view that Bitcoin can be copied and pointing out that Bitcoin's total supply and scarcity are fixed in its code, emphasizing that its supply cap cannot be changed. This debate once again highlights a fundamental consensus within the crypto world.

[Bitpush] Just noticed a significant on-chain move: address 0xDE3…ddFCc deployed 8 million USDT in the past hour, buying up 2,640 ETH in one go, with an average cost of $3,027.33.
Interestingly, this address has never touched ETH before—this is their first position. The source of funds has also been traced; it was recently transferred out from Bitget over the past few days.
Such a large-scale position opening at this price point makes the logic behind the move worth pondering.

At the annual conference of the China Securities Association, Wu Qing, a senior official from the China Securities Regulatory Commission, emphasized the need to strengthen risk prevention and control, especially in businesses such as margin financing and securities lending, as well as private asset management. He expressed a cautious attitude toward crypto assets, advocating that areas that are unclear or in violation of regulations should be avoided until the regulatory framework is improved.