Tianxia Community Live: The market is uncertain, but bearish sentiment is almost certain

【[Notice on New Trading Pairs & Trading Bots Services on Binance Spot - 2025-12-24] This is a general announcement and marketing communication. Products and services referred to here may not be available in your region. Fellow Binancians, To expand the list of trading choices offered on Binance Spot and enhance users' trading experience, Binance will open trading for ADA/USD1, ASTER/USD1, LUNA/USDC, LUNC/USDC, and ZEC/USD1 trading pairs at 2025-12-24 08:00 (UTC). In addition, Binance will enable Trading Bots services for the following pairs at 2025-12-24 08:00 (UTC): · Spot Algo Orders: ADA/USD1, ASTER/USD1, LUNA/USDC, LUNC/USDC, and ZEC/USD1 Start Trading on Binance Spot Now! Notes: · Users will enjoy discounted taker fees on all existing and new USDC spot and margin trading pairs until further notice. · Trading of the aforementioned new trading pair(s) is subject to eligibility based on the user's country or region of residence. Please note that the list of restricted countries provided below may be changed from time to time, due to mandatory changes in applicable laws and regulations, or other changes relevant to the trading eligibility of these new trading pair(s). Users need to complete account verification to participate in the trading of these new trading pair(s). · Please note that this list may be updated periodically to accommodate changes in legal, regulatory, or other factors. · Currently, users residing in the following countries or regions will not be able to trade the above-mentioned spot trading pair(s): Canada, Cuba, Crimea Region, Iran, Netherlands, North Korea, Syria, United States of America and its territories (American Samoa, Guam, Puerto Rico, the Northern Mariana Islands, the U.S. Virgin Islands), and any non-government controlled areas of Ukraine. · There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise. USDC is an e-money token issued by Circle Internet Financial Europe SAS (https://www.circle.com/). USDC’s whitepaper is available here. You may contact Circle using the following contact information: +33(1)59000130 and EEA-Customer-Support@circle.com. Holders of USDC have a legal claim against Circle SAS as the EU issuer of USDC. These holders are entitled to request redemption of their USDC from Circle SAS. Such redemption will be made at any time and at par value.】 [Notice on New Trading Pairs & Trading Bots Services on Binance Spot - 2025-12-24] This is a general announcement and marketing communication. Products and services referred to here may not be available in your region. Fellow Binancians, To expand the list of trading choices offered on Binance Spot and enhance users' trading experience, Binance will open trading for ADA/USD1, ASTER/USD1, LUNA/USDC, LUNC/USDC, and ZEC/USD1 trading pairs at 2025-12-24 08:00 (UTC). In addition, Binance will enable Trading Bots services for the following pairs at 2025-12-24 08:00 (UTC): · Spot Algo Orders: ADA/USD1, ASTER/USD1, LUNA/USDC, LUNC/USDC, and ZEC/USD1 Start Trading on Binance Spot Now! Notes: · Users will enjoy discounted taker fees on all existing and new USDC spot and margin trading pairs until further notice. · Trading of the aforementioned new trading pair(s) is subject to eligibility based on the user's country or region of residence. Please note that the list of restricted countries provided below may be changed from time to time, due to mandatory changes in applicable laws and regulations, or other changes relevant to the trading eligibility of these new trading pair(s). Users need to complete account verification to participate in the trading of these new trading pair(s). · Please note that this list may be updated periodically to accommodate changes in legal, regulatory, or other factors. · Currently, users residing in the following countries or regions will not be able to trade the above-mentioned spot trading pair(s): Canada, Cuba, Crimea Region, Iran, Netherlands, North Korea, Syria, United States of America and its territories (American Samoa, Guam, Puerto Rico, the Northern Mariana Islands, the U.S. Virgin Islands), and any non-government controlled areas of Ukraine. · There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise. USDC is an e-money token issued by Circle Internet Financial Europe SAS (https://www.circle.com/). USDC’s whitepaper is available here. You may contact Circle using the following contact information: +33(1)59000130 and EEA-Customer-Support@circle.com. Holders of USDC have a legal claim against Circle SAS as the EU issuer of USDC. These holders are entitled to request redemption of their USDC from Circle SAS. Such redemption will be made at any time and at par value.

[Bitmine-related wallet receives 13,412 ETH from Kraken] A newly created Bitmine-related wallet (0x1b6e...0a8a) received 13,412 ETH from Kraken, valued at $40.58 million.

【[Binance Will List KGST & Enable Trading Bots Services on Binance Spot - 2025-12-24] This is a general announcement and marketing communication. Products and services referred to here may not be available in your region. Fellow Binancians, To expand the list of trading choices offered on Binance Spot and enhance users’ trading experience, Binance will open trading for the KGST/USDT trading pair at 2025-12-24 08:00 (UTC). In addition, Binance will enable Trading Bots services for the following pair at 2025-12-24 08:00 (UTC): · Spot Algo Orders: KGST/USDT KGST Listing: · New Spot Trading Pair: KGST/USDT · Users can now start depositing KGST in preparation for trading. · KGST Listing Fee: 0 BNB. · Withdrawals for KGST will open at 2025-12-25 08:00 (UTC). Note: The withdrawal open time is an estimated time for users’ reference. Users can view the actual withdrawal status on the withdrawal page. Start Trading on Binance Spot Now!About KGST:KGST is a fully-backed stablecoin pegged 1:1 to the Kyrgyz Som (KGS), designed to provide a secure, transparent, and efficient digital currency solution for Kyrgyzstan and the broader Central Asian region. KGST leverages BSC blockchain technology to enable fast, low-cost payments, cross-border remittances, and financial inclusion, while maintaining strict regulatory compliance and robust reserve management. By combining the stability of the national currency with the benefits of blockchain, KGST addresses the volatility challenges of cryptocurrencies and supports Kyrgyzstan’s digital economy ambitions. KGST is positioned to become the digital currency of choice for individuals, businesses, and financial institutions in the region. Details: · KGST Official Website · KGST Stablecoin Contract ID: BscScan Notes: · Users will enjoy discounted taker fees on all existing and new USDC spot and margin trading pairs until further notice. · Trading of the aforementioned new trading pair(s) is subject to eligibility based on the user's country or region of residence. Please note that the list of restricted countries provided below may be changed from time to time, due to mandatory changes in applicable laws and regulations, or other changes relevant to the trading eligibility of these new trading pair(s). Users need to complete account verification to participate in the trading of these new trading pair(s). · Please note that this list may be updated periodically to accommodate changes in legal, regulatory, or other factors. · Currently, users residing in the following countries or regions will not be able to trade the above-mentioned spot trading pair(s): Canada, Cuba, Crimea Region, Iran, Netherlands, North Korea, Syria, United States of America and its territories (American Samoa, Guam, Puerto Rico, the Northern Mariana Islands, the U.S. Virgin Islands), and any non-government controlled areas of Ukraine. · There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise.】 [Binance Will List KGST & Enable Trading Bots Services on Binance Spot - 2025-12-24] This is a general announcement and marketing communication. Products and services referred to here may not be available in your region. Fellow Binancians, To expand the list of trading choices offered on Binance Spot and enhance users’ trading experience, Binance will open trading for the KGST/USDT trading pair at 2025-12-24 08:00 (UTC). In addition, Binance will enable Trading Bots services for the following pair at 2025-12-24 08:00 (UTC): · Spot Algo Orders: KGST/USDT KGST Listing: · New Spot Trading Pair: KGST/USDT · Users can now start depositing KGST in preparation for trading. · KGST Listing Fee: 0 BNB. · Withdrawals for KGST will open at 2025-12-25 08:00 (UTC). Note: The withdrawal open time is an estimated time for users’ reference. Users can view the actual withdrawal status on the withdrawal page. Start Trading on Binance Spot Now!About KGST:KGST is a fully-backed stablecoin pegged 1:1 to the Kyrgyz Som (KGS), designed to provide a secure, transparent, and efficient digital currency solution for Kyrgyzstan and the broader Central Asian region. KGST leverages BSC blockchain technology to enable fast, low-cost payments, cross-border remittances, and financial inclusion, while maintaining strict regulatory compliance and robust reserve management. By combining the stability of the national currency with the benefits of blockchain, KGST addresses the volatility challenges of cryptocurrencies and supports Kyrgyzstan’s digital economy ambitions. KGST is positioned to become the digital currency of choice for individuals, businesses, and financial institutions in the region. Details: · KGST Official Website · KGST Stablecoin Contract ID: BscScan Notes: · Users will enjoy discounted taker fees on all existing and new USDC spot and margin trading pairs until further notice. · Trading of the aforementioned new trading pair(s) is subject to eligibility based on the user's country or region of residence. Please note that the list of restricted countries provided below may be changed from time to time, due to mandatory changes in applicable laws and regulations, or other changes relevant to the trading eligibility of these new trading pair(s). Users need to complete account verification to participate in the trading of these new trading pair(s). · Please note that this list may be updated periodically to accommodate changes in legal, regulatory, or other factors. · Currently, users residing in the following countries or regions will not be able to trade the above-mentioned spot trading pair(s): Canada, Cuba, Crimea Region, Iran, Netherlands, North Korea, Syria, United States of America and its territories (American Samoa, Guam, Puerto Rico, the Northern Mariana Islands, the U.S. Virgin Islands), and any non-government controlled areas of Ukraine. · There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise.

[Murphy: BTC Cost Structure Changes After 10.11 Crash, Long-Term Holders Distribute Heavily] On-chain data analyst Murphy pointed out that after the 10.11 crash, BTC's cost structure changed, with 2.536 million BTC accumulating in the $80,000 to $90,000 range, an increase of 1.874 million BTC. Currently, there are 6.168 million BTC in unrealized losses above this level and 7.462 million BTC in unrealized gains below, with the structure tending toward balance. From 10.11 to December 20, the number of profitable positions decreased by 1.33 million BTC, while positions trapped above the $110,000 cost level decreased by 902,000 BTC. Long-term holders are distributing heavily, with the largest sell-off occurring in the $60,000 to $70,000 range, mostly accumulated before the 2024 U.S. presidential election. Only 190,000 BTC remain in the $70,000 to $80,000 range, which could provide support if prices fall to this level.

[Research: German car exports to the U.S. drop nearly 14% in the first three quarters of 2025] A research report shows that German car exports to the U.S. will drop significantly by nearly 14% in the first three quarters of 2025, making it the German industry most severely impacted by U.S. President Trump's trade war. IW research indicates that German engineering firms' exports to the U.S. during the same period fell by 9.5%, with machinery exports subject to a 50% tariff; chemical industry exports to the U.S. dropped by 9.5%. Overall, German exports to the U.S. in the first three quarters decreased by 7.8% year-on-year.