[Crypto World] That crash last week? The market has already started to self-correct. BTC has firmly climbed back above $91,000—buyers who scooped up the dip over the weekend are raking in big gains this time.
Big moves in Europe: the European Commission plans to hand over all crypto regulatory authority to ESMA, with France and Germany giving direct approval. But Luxembourg and Malta are a bit nervous, worried that multiple approval layers will slow things down. In short, centralized regulation can boost efficiency, but smaller countries are concerned about losing their influence.
The U.S. is taking a different approach—states like Indiana and Oklahoma are directly allowing pension funds to allocate to crypto assets. The line between traditional finance and Web3? These state governments are actively breaking it down.
Most importantly: the market is waiting for the Fed to cut rates this week. If liquidity is unleashed, digital assets are likely to see another wave of exuberant inflows.

[BlockBeats] Before the US stock market opened on December 8, crypto-related stocks collectively surged, which is quite encouraging:
• MSTR rose 2.58%
• COIN increased by 2.13%
• HOOD up 1.75%
• SBET performed well, up 3.26%
• BMNR was the strongest, up 4.55%
• CRCL rose 2.20%
Overall, the trend remains steady, and sentiment in the crypto sector has clearly warmed up.

[Crypto World] Recently, I've noticed a pretty interesting signal—Abu Dhabi is rapidly becoming a new financial hub at a speed you probably wouldn't expect.
Alan Howard's Brevan Howard has stationed 150 people there and has explicitly stated their intention to stay for the long term. This isn't just talk; the firm is already one of the largest in Abu Dhabi in terms of operational scale. Howard's own assessment is even more straightforward: a few years ago, he thought this place could become the "third pole" alongside New York and London; now he believes that's basically already happened.
Why is he so confident? The core logic is actually a flywheel effect: asset management firms and banks cluster together, trading volume rises, and for every fund manager that arrives, three to four professionals from service institutions follow. Once this clustering effect starts, the snowball effect accelerates beyond expectations.
Of course, the traditional financial infrastructure and core talent pool are still

The investor who went long 36 times in early November has recently returned to the bullish side, opening long positions in ETH, SUI, and FARTCOIN, with total holdings reaching $20.28 million and an unrealized profit of $188,000. Of these, $9.39 million was invested in ETH, holding 3,000 tokens. Now, he has started to operate more flexibly, switching between long and short positions, demonstrating a strategic adjustment in response to market changes.

Trump criticized the NCAA on social media, emphasizing "$BIG trouble," which drew attention from the crypto community and led to the creation of a new token, BIG. Although its initial market cap reached $5.3 million, it has since plummeted to $360,000, highlighting the high risks and volatility of meme coins and reminding investors to exercise caution.

New SEC Chairman Paul Atkins stated that the US market will be fully on-chain within two years, marking a shift in the regulator’s attitude toward blockchain. This move may involve tokenizing traditional assets and integrating blockchain into securities exchange settlement systems, signaling that blockchain technology will play a dominant role in financial market infrastructure. Attention should be paid to the SEC’s upcoming policy frameworks and market responses.

This year, the stock prices of coin-hoarding companies listed in the US and Canada have plummeted, with the median dropping by 43%, and some companies losing more than 99% of their value. As tokens have not generated revenue, financial pressure has increased, the previously booming market sentiment has shifted rapidly, and investors have begun to question the coin-hoarding model.

[Crypto World] Over the past three years, the Canada Revenue Agency has managed to recover more than 100 million Canadian dollars in taxes by investigating cryptocurrency. Sounds impressive, right? But here's the surreal part—since 2020, not a single criminal case has been successfully prosecuted.
What's the problem? Simply put, "they can't even find the people." Cryptocurrencies are inherently highly anonymous, making it extremely difficult for the tax authority to confirm "whose money it is" and "whether taxes have actually been paid." Their cryptocurrency task force has reviewed over 230 documents, and the estimated data is even more disheartening—40% of users on the platforms are completely non-compliant.
Recently, the tax authority finally obtained a court order allowing them to access data on 2,500 users from Dapper Labs. But even so, law enforcement is still stuck. Of the five criminal investigations launched since 2020, four are still unresolved. The reason? The cases are too complicated and often involve cross-border issues, with every step facing obstacles.