[Deutsche Bank Expects Fed to Cut Rates by 25 Basis Points This Week, or Signal a Pause in Rate Cuts] Deutsche Bank analysts report that the Federal Reserve may announce its third and final 25 basis point rate cut of 2025 on Wednesday, and the decision is not expected to pass unanimously. Analysts anticipate that Fed Chair Powell will emphasize that the threshold for further rate cuts in early 2026 is very high and will signal a short-term pause in rate cuts.

[570 BTC Transferred from Bitfinex to Unknown Wallet] At around 15:35 (UTC+8), 570 BTC were transferred from the Bitfinex exchange to an unknown wallet, valued at $52,257,224.

Despite President Trump's promise to turn the United States into a hub for cryptocurrency, his latest national security strategy document does not mention any content related to cryptocurrency or blockchain. （Cointelegraph）

A certain whale address transferred 100000 SOLs (approximately $13.57 million) to Binance 20 minutes ago. Since its unlocking in April this year, the address has transferred 615000 SOLs (approximately $107 million) to Binance in batches within 8 months, with an average price of $175. At present, the address still holds 733000 SOLs (approximately $99.16 million), and has received a total of 357000 SOL pledge proceeds over the past four and a half years. (Ashes)

["'Calm Order King' Address Short Positions Face $900K Unrealized Loss, Balance Down to $640K"] The address belonging to the "Calm Order King" is experiencing significant unrealized losses on three short positions, with total unrealized losses reaching $900,000. The specific positions include: 40x short on 93.73 BTC, with an unrealized loss of $240,000; 20x short on 44,000 SOL, with an unrealized loss of $200,000; and 10x short on 12,200 ZEC, with an unrealized loss of $460,000. Currently, the balance of this address is down to $640,000.

[OKX Built-in DEX Supports Boost and Launches 120 Million NIGHT Reward Pool Event] OKX will launch the Boost-X Launch: Midnight (NIGHT) event on December 10, 2025, with a reward pool of 120 million NIGHT. Registration will be open from 14:00 on December 10 to 14:00 on December 11 (UTC+8), and rewards can be claimed starting at 18:00 on December 11 (UTC+8). The built-in DEX feature of the OKX exchange now supports OKX Boost, and eligible users of the built-in DEX and aggregator trades can participate. Update the app to version 6.149 to experience it.

[The Central Bank of Argentina Considers Lifting Ban on Bank Cryptocurrency Transactions] On December 8, the Central Bank of Argentina is considering lifting the ban on traditional financial institutions providing cryptocurrency trading and custody services. The government of President Milei is evaluating regulatory reforms, aiming to allow banks to enter the cryptocurrency market under a strict framework. The drive to institutionalize cryptocurrency transactions is to bring transactions from the shadow financial system into the regulated banking system. If banks enter the market, it may create competitive pressure on existing cryptocurrency companies.

[Analyst Points Out Bitcoin May Test $76,000 if Fibonacci Support Level is Broken] Crypto analyst Daan Crypto Trades highlighted that Bitcoin is currently hovering around the key support level of the 0.382 Fibonacci retracement zone. If this level is breached, the price may test the April low of approximately $76,000 and break the long-term market structure. On Sunday evening, due to low liquidity in the weekend market, intense liquidation of long and short leverage occurred, causing Bitcoin's price to briefly drop below $88,000 before quickly rebounding above $91,500.

[South Korea's Plan to Allow Spot Cryptocurrency ETF Trading This Year Falls Through Due to Regulatory Delays] Affected by the delay in the revision of South Korea's 'Capital Markets Act,' the plan to allow spot cryptocurrency ETF trading in the country this year has essentially fallen through. Currently, four amendments related to the approval of spot cryptocurrency ETFs remain pending. Due to the restructuring of the Financial Services Commission and the Financial Supervisory Service, as well as the significant policy resources consumed by the government's stock market activation measures, the institutionalization process of crypto assets may have been deprioritized.

[OKX to Delist KITEUSDT Perpetual Contract on December 8, 2025] OKX announces that it will delist the KITEUSDT perpetual contract at 16:00 (UTC+8) on December 8, 2025.

[Uniswap Founder: CCA First Auction Concludes with $59 Million in Bids] Uniswap founder Hayden Adams stated that the first Uniswap CCA auction initiated by Aztec Network has concluded, with total bids reaching $59 million. The auction process was free from sniping, bundling, or timing games, instead featuring a slow and fair price discovery, ultimately closing at a price 59% above the reserve price. A portion of the auction proceeds and token reserves will be used to launch the Uniswap v4 liquidity pool, which will become the largest source of secondary market liquidity.

[Trump Says Russia Accepts Proposal to End Eastern European Conflict, Uncertain if Zelensky Supports It] U.S. President Trump stated that Russia has accepted the proposal to end the Eastern European conflict, but it is uncertain whether Zelensky supports the plan. Trump admitted feeling somewhat disappointed that Zelensky has not yet reviewed the plan and emphasized that all parties have welcomed it.

[Multiple New Accounts Bet That Trump Will Not Declassify UFO Files in 2025] The prediction market 'Will Trump declassify UFO files in 2025?' surged from 5% to 71% within half an hour yesterday. Trading data shows the rise began with trader ster sweeping the market orders. Subsequently, six accounts purchased over 20,000 'No' shares at an average price of less than $0.2 within 12 hours after the probability increased, betting that Trump will not declassify UFO files in 2025. These six accounts hold only this single position on Polymarket.

[ECB Executive Board Member Schnabel Agrees with Market Bets on the Next Rate Hike] ECB Executive Board Member Schnabel expressed agreement with investors' bets that the ECB's next move will be a rate hike, noting that borrowing costs have reached their lower limit. She stated that consumer spending, corporate investment, and significant government spending on defense and infrastructure will boost the economy, with economic and inflation risks skewed to the upside. Schnabel hinted that the new economic growth forecast at the December meeting might be revised upward, and analysts expect the deposit rate to remain at 2% for the fourth time.

[Japan's 10-Year Government Bond Yield Rises to 1.965%, Highest Since June 2007] Japan's 10-year government bond yield rises to 1.965%, the highest since June 2007.

["'Iron-Headed Bull' Goes Long on ETH and Other Tokens, Total Position Worth $20.28 Million"] The "Iron-Headed Bull," who went long 36 consecutive times between 11.03 and 11.26, has returned to the bullish camp. Three hours ago, they opened long positions on ETH, SUI, and FARTCOIN, with a total position value of $20.28 million and an unrealized profit of $188,000. Among these, the ETH position is worth $9.39 million, holding 3,000 ETH at an average entry price of $3,116.98. Recently, this trader has shifted to a strategy of alternating between long and short positions.

[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