ETH falls below the $3200 mark

[The Central Committee of the Communist Party of China proposes to continue implementing a more proactive fiscal policy and moderately loose monetary policy] On December 8, the Central Committee of the Communist Party of China held a meeting to analyze and study the economic work for 2026 and review the 'Regulations on the Comprehensive Rule of Law Work under the Leadership of the Communist Party of China.' The meeting pointed out that next year's economic work should continue to implement a more proactive fiscal policy and moderately loose monetary policy, leveraging the integrated effects of existing policies and new policies, and intensifying counter-cyclical and cross-cyclical adjustments. The meeting emphasized adhering to domestic demand-driven growth, innovation-driven development, reform breakthroughs, opening up to the outside world, coordinated development, 'dual carbon' leadership, and prioritizing people's livelihoods, while actively and prudently resolving risks in key areas.

Ethereum co-founder Vitalik Buterin proposed the establishment of an Ethereum on chain Gas futures market, aimed at helping users hedge against the risk of network fee fluctuations in the context of increasing network adoption. （Cointelegraph）

[Philippine Digital Bank GoTyme Launches Cryptocurrency Services] On December 8, Philippine digital bank GoTyme, which has 6.5 million customers, partnered with U.S. fintech company Alpaca to launch cryptocurrency services in the Philippines. Users can now purchase and store 11 types of crypto assets, including Bitcoin, Ethereum, SOL, and DOT, through the GoTyme banking app. These assets can be automatically converted to U.S. dollars from Philippine pesos.

Binance ICP/USDT's perpetual trading volume surged 14 times within 10 minutes, with a turnover of 43.37 million US dollars in the past 24 hours, a decrease of 0.69% A surge in trading volume generally indicates an increase in market trading activity or large-scale fund buying and selling operations, which may be caused by certain important market changes or news announcements. According to AiCoin data, the comprehensive ranking of Binance contracts ranks first in the world

Institutional demand for XRP ETFs has surpassed $1 billion, despite muted retail interest.