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Senate Works on Crypto Market Bill Before Holiday Recess

Key Points: Senate collaboration on cryptocurrency regulation led by Lummis and Gillibrand.
Draft legislation aims for review before holiday recess.
Potential impacts on Bitcoin, Ethereum, and stablecoins expected.
U.S. Senators, led by Cynthia Lummis (R-WY), push to finalize crypto market
BTC-2.57%
ETH-3.4%
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Polygon's Madhugiri Upgrade Elevates TPS by 40%

Key Points: Polygon’s Madhugiri upgrade boosts TPS by 40%, increasing industry competitiveness.
Targeting 5,000 TPS in six months.
Community anticipates further adoption and usage.
Sandeep Nailwal, co-founder and CEO of the Polygon Foundation, announced on X that the Madhugiri hard fork
ETH-3.4%
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UK FCA Targets Stablecoin Regulation for Economic Growth

Key Points: FCA plans regulation of stablecoins for growth, involving key industry shifts.
Emphasizes financial growth while safeguarding consumer interests.
UK’s strategy on stablecoins influences global digital finance competitiveness.
The UK Financial Conduct Authority (FCA) plans to focus on r
BTC-2.57%
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Hyperliquid's Jeff Yan Refutes ADL Impact Allegations

Key Points: Jeff Yan denies ADL shifts PnL onto HLP LPs.
Mechanism said to protect user and systemic stability.
ADL generated user profits in prior events instead.
Hyperliquid co-founder Jeff Yan refuted accusations that the Automatic Liquidation mechanism transfers profits and losses to Hyperliqu
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川普總統將在即將於賓夕法尼亞的演說中倡導經濟成長

川普總統即將在賓夕法尼亞發表有關經濟成長的演說,引發市場猜測,分析師預期他可能會宣布影響各經濟部門的政策,進而導致市場波動。
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Polymarket 的成長策略優先於獲利

重點摘要:
Polymarket 為了策略性市場成長,目前處於虧損經營狀態。
Shayne Coplan 將用戶基數增長和流動性激勵作為首要任務。
未來計畫在市場站穩腳跟後,增設市場手續費。
Polymarket 執行長 Shayne Coplan 在 Axios BFD:紐約 2025 活動中宣布,公司目前正處於
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Metaplanet Plans New Digital Credit Amid Japan’s Restrictive Market

Key Points: Metaplanet announces digital credit tools in Japan, set to launch before other competitors possibly enter within 12 months.
Simon Gerovich, the CEO, outlines strategies focusing on key financial yields.
Community perceives huge potential due to lack of similar products in
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Tether’s USDT Gains Regulatory Recognition in Abu Dhabi

Key Points: Tether’s USDT gains regulatory recognition in Abu Dhabi for Ethereum, Solana, and Avalanche.
Enhances opportunities for licensed entities within ADGM’s framework.
Paolo Ardoino highlights UAE’s regulatory benchmark in virtual asset integration.
Tether’s USDT has been officially recogni
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Argentina's Central Bank Considers Crypto Services for Banks

Key Points: Argentina mulls lifting the bank-crypto trading ban, reflecting economic demands.
Potential pro-market framework driven by current administration.
Fosters a formal channel for crypto, improving compliance and tracking.
The Central Bank of Argentina is evaluating changes to allow
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CoinShares Predicts 229% Growth in Tokenized Assets by 2026

Key Points: CoinShares forecasts tokenized assets to grow by 229% by 2026.
U.S. Treasury bonds on Ethereum lead this growth.
Global demand for dollar yields is a major driver.
CoinShares projects a 229% growth in the tokenized real-world assets market by 2026, driven by U.S. Treasuries on Ethereum
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馬斯克否認$800 億美元SpaceX估值報導

重點:
伊隆·馬斯克否認 SpaceX 傳聞中的$800B 億美元估值,並強調現金流。
馬斯克將估值增長與 Starship、Starlink 及頻譜收購聯繫起來。
尚未確認 SpaceX 將於2026年進行 IPO 的計劃。
伊隆·馬斯克否認 SpaceX 以$800 億美元估值募資的說法
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Moore Threads Debuts on STAR Market Amidst Controversial Crypto History

Key Points: Moore Threads lands on STAR Market with a 468% surge, amidst controversies.
Single bid yields over 267,000 yuan profit.
No direct crypto impact identified from Moore Threads’ IPO.
Moore Threads’ December 5th debut on the STAR Market saw shares soar 468.78% from their initial price,
BTC-2.57%
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China's CSRC Chairman Emphasizes Cautious Approach Toward Crypto Assets

Key Points: China’s CSRC chair urges cautious crypto asset analysis.
Caution stressed to prevent unforeseen risks.
Focus on risk prevention across financial sectors.
Wu Qing, Chairman of the China Securities Regulatory Commission, emphasized the need for stringent risk management, particularly
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Hassett's Support for Bessent: Federal Reserve Discussions

Key Points: Kevin Hassett supports Scott Bessent’s Federal Reserve proposals
No discussions with Trump on Fed chairmanship
Minimal market impact observed
Kevin Hassett, Director of the White House National Economic Council, stated he hasn’t discussed Fed Chairman selection with Trump, aligning wit
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Grayscale SUI ETF Application: Unverified Claims and Market Implications

Key Points: Grayscale claims SUI ETF application submitted to SEC, lacks verification.
Existing Grayscale Sui Trust trades OTC, not an SEC-registered ETF.
No major market reaction due to non-confirmable SEC filing status.
Grayscale Investments submitted plans to the U.S. SEC on December 5, 2025, t
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LINK-3.85%
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Crypto Exchange FTX Files for Bankruptcy, Market Reeling

Key Points: FTX files for bankruptcy, affecting crypto markets.
BTC price drops amid FTX turmoil.
Regulatory scrutiny on crypto exchanges likely to increase.
Ethereum founder Vitalik Buterin announced a significant update to the Ethereum blockchain protocol set to release in December 2023,
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