It is reported that Snowflake Inc. (SNOW) is advancing the acquisition of Observe, a cloud-based observability platform company. If the deal is completed, the scale is expected to reach approximately $10 billion (about 1.44 trillion KRW), making it the largest startup acquisition in Snowflake's history.
Observe provides real-time detection tools for issues such as latency or server failures, and helps engineers analyze problems through an integrated chatbot. Existing solutions mainly offer SQL-based analysis functions, while Observe's feature is its proprietary language OPAL, which enables functions focused on time series analysis. This allows the platform to track log errors during specific periods or perform comparative analysis with previous periods.
Notably, Observe also addresses security threat detection within the Snowflake environment and aims to reduce infrastructure costs.

Bitcoin is currently trading at approximately 125.8 million KRW, down 0.47% from the previous day. Analysts point out that its growth trend is similar to that of traditional financial markets, and the future outlook is optimistic. Market adjustments are seen as part of the long-term trend, with positive changes expected after the general election. Some altcoins are performing strongly, and the market is viewed as a potential buying opportunity.

The Messari Research Institute, a global cryptocurrency research organization, pointed out in a recent report that the role of Starknet in the Bitcoin-centric decentralized finance ecosystem, known as "BTCFi," is rapidly expanding. In particular, Starknet is accelerating the development of a comprehensive self-custodied economic system that goes beyond simple staking or bridging platforms, covering lending, borrowing, yield strategies, and even real-world expenses.
The total value locked in Starknet has increased from $155 million to nearly $310 million over the past six months, nearly doubling. This is the result of increased bridging of Bitcoin, stablecoins, and native token STRK staking. Especially, lending protocols like Vesu are supplementing staking platforms, attracting users who want to leverage their held BTC as collateral to generate yields. The Messari Institute stated that these platforms offer incentives of up to 100 million STRK.

New challenges in redefining the value of synthetic stablecoins have emerged. According to a recent report released by Messari Research, Falcon Finance has proposed a new evolution of stablecoin protocols with its dual-token system and sophisticated risk management framework. The project combines the stability of traditional finance with the flexibility of decentralized finance, aiming not only to maintain a dollar peg but also to include revenue-generating structures, making it highly attention-grabbing.
Falcon Finance consists of two main tokens: USDf, a synthetic dollar backed by over-collateralization to maintain the dollar value, and sUSDf, which accumulates earnings. According to Messari Research, USDf uses a dynamic over-collateralization rate adjusted based on the volatility of the collateral assets, aiming to maintain a 1 USD value, and employs delta-neutral hedging and multi-exchange arbitrage strategies to ensure the stability of the peg. Notably, stablecoins are minted on a 1:1 basis, while non-stablecoins and RWAs are subject to their inherent risks.

For a long time, the "adoption" of Web3 has been simplistically understood as two things:
Waiting for the next bull market or relying on more user education.
But reality is proving that neither of these are true solutions.
Real Web3 adoption has never been the result of "persuasion," but rather a natural choice after the system itself is reliable, user-friendly, and trustworthy enough.
This is precisely the core perspective from which IDN Network views the implementation of Web3.

1. Adoption doesn't start with users, but with the system


There is a long-standing misconception in the Web3 industry:
As long as applications are innovative enough and traffic is large enough, users will stay.
But the truth is quite the opposite.
Users don't care about "chains," "protocols," or "architecture"; they only care about three things:
Whether it can be used stably
Whether the rules are clear and predictable

In the investment market, many people have a misconception:
As long as you are smart enough and diligent enough, you can beat the market.
But the reality is quite the opposite.
A large amount of data and long-term results repeatedly prove—
What determines investment outcomes is not the "intelligence level" of a single judgment, but the overall system's "stability."
And this is precisely where AI quantification truly changes the market structure.

1. The real disadvantage of ordinary investors has never been information


In the past decade, information barriers have been greatly weakened:
Market data is almost publicly available in real-time
Strategic ideas are everywhere
Tutorials, courses, and opinions flood the market
But why do most people still find it difficult to achieve stable profits?
There is only one reason:
Information does not equal execution ability.
The biggest disadvantage of ordinary investors is reflected in three aspects:
Inability to stick to the same strategy long-term
Easily retreat during drawdowns

Written by: Zhixiong Pan
Bitcoin Optech's annual summary has always been regarded as a technical weather vane for the Bitcoin ecosystem. It does not focus on price fluctuations but records the most authentic pulse of Bitcoin protocol and key infrastructure.
The 2025 report reveals a clear trend: Bitcoin is undergoing a paradigm shift from "passive defense" to "proactive evolution."
Over the past year, the community has no longer been content with merely patching vulnerabilities but has begun to systematically address existential threats (such as quantum computing) and, without sacrificing decentralization, aggressively explore the boundaries of scalability and programmability. This report is not only a developer's memo but also a key index for understanding Bitcoin's asset properties, network security, and governance logic over the next five to ten years.
Core conclusions
Looking at 2025, Bitcoin's technological evolution shows a trend of

Article by: Martin
Recently, the public statement made by Elvira Nabiullina, Governor of the Central Bank of Russia, during an RBC interview, has attracted global attention. She explicitly pointed out that cryptocurrency mining could be one of the important factors contributing to the strengthening of the ruble. Although not directly attributed, recognizing the value inflow brought by mining activities has become an auxiliary factor supporting the national currency's exchange rate. This stance marks a further clarification of Russia's regulatory attitude towards the crypto mining industry and also highlights the industry's special value in the national economy.
On November 1, 2024, the legalization bill for cryptocurrency mining in Russia officially took effect, laying a regulatory foundation for industry development. According to the new regulations, legal entities and individual entrepreneurs are required to register with the special tax registration office. Personal miners must adhere to a monthly energy consumption limit of 6,000 kWh, and all practitioners are required to report mining income in accordance with the law.

Techub News: Cryptocurrency ETF Provider Amplify ETFs Launches Amplify Stablecoin Technology ETF (STBQ) and Amplify Tokenized Technology ETF (TKNQ). The Amplify Stablecoin Technology ETF (STBQ) aims to provide investors with targeted exposure to innovative stocks and digital assets that drive the growth of the stablecoin economy. STBQ focuses on companies and crypto assets generating substantial revenue through payment technology, digital asset infrastructure, and trading platforms. STBQ seeks investment returns that are overall correlated with the MarketVector™ Stablecoin Technology Index (MVSTBQ) total return performance (before fees and expenses), and during rebalancing, allocates 25-50% of assets to stablecoins and

Written by: Zhang Feng

After Hainan's customs closure operation, the Renminbi within its borders has not changed its fundamental property as domestic Renminbi, but within the EF account system, it has been given highly similar offshore Renminbi convenience functions. Therefore, it can be summarized as "overall onshore, account-type offshore."


1. The entire area still uses domestic Renminbi (CNY)

It is necessary to clarify a basic positioning first: the Hainan Free Trade Port is a special area under the supervision of Chinese customs, rather than a sovereign foreign area "outside the customs territory". It is still within the customs boundaries and monetary sovereignty jurisdiction of China.

Therefore, the RMB circulated and stored throughout Hainan Island has the same legal nature as the RMB in places like Shanghai and Beijing, and all belong to domestic RMB (CNY), uniformly regulated by the People's Bank of China, implementing the same monetary policy and clearing rules.

For ordinary residents and businesses in Hainan at the bank

The crypto assets market is showing a volatile trend, with Bitcoin trading in the range of 120 million Korean Won, indicating a downward trend. According to the main exchange in South Korea, the current trading price of Bitcoin is 127.76 million Korean Won, down about 1% in the last 24 hours.
Market analysts believe that Bitcoin is currently in a short-term adjustment phase and point out that technical indicators show that downward pressure may persist. In particular, the short-term moving average has fallen below the long-term moving average, and this bearish signal has led to a contraction in investor sentiment. Experts predict that if BTC cannot recover the 130 million Korean won mark, the possibility of further declines is significant.
Ethereum ( ETH ) trades in the range of 4.3 million won, down 1.56%; Ripple ( XRP ) is quoted at 2723 won, showing a decline of 1.65%. In contrast, Solana ( SOL ) maintains relative strength at 179,000 won, demonstrating the phenomenon of differentiation among altcoins in the market.
Global financial does not

As the Bitcoin network's computing power curve turns downward in early 2025, the market's interpretation instantly polarizes. On one side is the media's portrayal of a "Mining Farm winter" and a "Capitulation wave," while on the other side is the historical data presented by institutions, suggesting this could be a precursor to the market hitting bottom. Amidst this information vortex, technical practitioners possess a unique privilege — they do not have to choose which narrative to believe, but can bypass all intermediary interpretations and directly question the data itself. On-chain data is the most honest ledger Bitcoin leaves for validators; every fluctuation in hashrate and every miner's income and expenditure decision is solidified in the public blocks and transaction records. The following content discusses how to exercise this privilege. This is not another market perspective, but a methodology on how to build your own validation framework using code, transforming the vague "miner pressure" into clear, computable, and monitorable indicators, ultimately establishing clarity amidst the chaotic market noise.

Written by: KarenZ, Foresight News

The U.S. Commodity Futures Trading Commission (CFTC) has officially welcomed a new leader.

According to the statement released by the CFTC on December 22, 2025, Michael Selig Sworn officially took office that day, becoming the 16th chairman in the history of the agency.

Appointment Background

Michael Selig Sworn was nominated by President Trump on October 27, 2025, and confirmed by the U.S. Senate on December 18. This appointment marks a realignment of the Trump administration's financial regulatory system, particularly in establishing a regulatory framework for the emerging digital asset market.


However, the nomination process was not smooth sailing.

Written by: FinTax

In October 2023, the Council of the European Union adopted Directive (EU) 2023/2226 (DAC8), completing the seventh amendment to Directive 2011/16/EU on Administrative Cooperation in Direct Taxation (DAC), incorporating the Crypto-Asset Reporting framework of the Organization for Economic Cooperation and Development (OECD).

Written by: Wu Says Blockchain

What are the top concerns of crypto users in 2025? We conducted a user survey using AI large models, asking different large models the same question: "What are the three most frequently asked questions about cryptocurrency by users in the year 2025?"

In order to minimize the homogenized answers resulting from online retrieval across different models, and considering that large models typically cannot and are not allowed to perform verifiable statistics and disclosures on their training data, we included a supplementary sentence in the questions: "Please do not perform real-time searches, nor cite specific articles, but answer based on your understanding of long-term discussion patterns."


ChatGPT

1. How far can this bull market go? Is Bitcoin already nearing its peak?
2. Is there still real Alpha in this round of the market, and what can ordinary users rely on?