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Whale trader identified as pension-usdt.eth has established a significant leveraged position in Ethereum. The trader opened a 2x long position on 20,000 ETH, valued at $60.93 million, with an entry price point of $3,040.92.
The position's liquidation price is set at $1,190.

Jack Mallers posted on X, revealing that Twenty One Capital will be listed on the New York Stock Exchange on December 9 and will transfer 43,500 Bitcoins to a self-custody account to update its proof of reserves.

According to a report by Reuters, Bank of America announced that starting January 5, 2026, wealth advisors at its Private Bank, Merrill, and Merrill Edge divisions will be able to recommend crypto asset-related products to clients.

Star responded on social media to the allegations that Moore Threads co-founder Li Feng borrowed 1,500 BTC and failed to return it, stating that the debt issue will be handled according to the law and encouraging attention to positive developments in the future. At the same time, Star disclosed the historical background of the agreement and Li Feng's breach of contract.

ChainCatcher news, according to official sources, prediction market DeFi layer protocol Gondor has completed a $2.5 million Pre-Seed round of financing, with participation from Prelude, Castle Island Ventures, and Maven 11.
It is reported that Gondor will launch a new protocol next week, allowing users to

金色财经报道，法国金融媒体The Big Whale披露该国金融巨头BPCE已公布最新推出的加密货币交易服务详情，据悉该服务将允许客户通过Hexarq管理的独立数字资产账户买卖BTC、ETH、SOL和USDC，每月收取2.99欧元管理费用和1.5%的交易佣金，此外该行还表示虽然现阶段暂覆盖约200万客户，但在2026年计划扩大旗下全部1200万零售客户，分阶段推出旨在监测采用情况和系统性能。

Analyst Milk Road pointed out that ETH holdings on centralized exchanges have dropped to a historic low, accounting for only 8.8%, a decrease of 43% since July. ETH is being used for staking and long-term custody, and the supply shortage may drive prices up.

According to Jinse Finance, Hasu, Lido's strategic advisor and Flashbots' strategy director, commented on Vitalik's call to establish an on-chain gas futures market on the X platform. He stated that the market lacks natural short sellers: a large number of users are inherently exposed to gas costs (short) and wish to hedge, but almost no one in the market is willing to take the long side on gas, so liquidity may be insufficient, making it difficult to form a meaningful market size.
In response, Vitalik suggested that the protocol itself could act as the market's short seller, that is, by auctioning future base fees on-chain.

New York brokerage Clear Street is preparing to go public, with an expected valuation between $10 billion and $12 billion. Goldman Sachs will lead the deal, but it may not be completed before January. The company is a well-known cryptocurrency stock underwriter.

ChainCatcher reports that although quantum computers pose a long-term threat to cryptography, the actual risk is generally exaggerated. The report indicates that the likelihood of a "cryptographically relevant quantum computer" capable of breaking modern encryption systems appearing before 2030 is extremely low. a16z recommends the immediate deployment of hybrid encryption schemes to address "Harvest Now, Decrypt Later" (HNDL) attacks, but blockchains do not need to rush to adopt post-quantum signature technology, as digital signatures are not affected by HNDL attacks. Bitcoin faces particular challenges due to its slow governance mechanism and a large number of potentially abandoned quantum-vulnerable coins, necessitating early planning for migration paths. Privacy chains, on the other hand, have a more urgent need for post-quantum protection due to their encrypted transaction data. The report emphasizes that achieving current security and addressing vulnerabilities are more urgent threats than long-term quantum computing risks, and it puts forward seven specific recommendations to help the industry respond to quantum challenges.

According to Jinse Finance, crypto analyst TXMC pointed out that despite the decline in Bitcoin prices, the liveliness metric continues to rise, indicating a bottom in spot demand and suggesting that the market bull cycle may not be over. This metric reflects the long-term trend of on-chain Bitcoin activity and shows an influx of new investment capital.

Analysts point out that the increase in Bitcoin activity indicators may suggest that the market cycle is not over. Despite the price decline, activity continues to rise, indicating a demand floor for spot Bitcoin and showing that market momentum remains positive.