[Today's Crypto Fear and Greed Index Drops to 21, Still in 'Extreme Fear' State] On December 14, today's Crypto Fear and Greed Index dropped to 21, down from 23 yesterday, with the market still in an 'extreme fear' state.

[Analysis: $23.8 Billion Bitcoin Options to Expire on December 26] On-chain data analyst Murphy stated that Bitcoin options with a notional value of approximately $23.8 billion will expire on December 26. Data shows that 85,000 USD put options and 100,000 USD call options are respectively stacked at 14,674 BTC and 18,116 BTC. These positions are mostly held by long-term funds such as ETF hedging positions. The options corridor between $85,000 and $100,000 may have a structural impact on BTC prices before December 26.

[Paradigm's First Employee Charlie Noyes Announces Resignation as General Partner] Paradigm General Partner Charlie Noyes announced in a post that he has resigned from his position. In the future, he will continue to participate in Kalshi affairs as a board observer alongside Paradigm founder Matt Huang. Charlie Noyes joined Paradigm at the age of 19 and was the first employee of the venture capital firm.

[Cysic Exposed for TGE Cluster Manipulation, Falsified Financial Data, and Substandard Mining Machines] Cysic's TGE has been found to involve severe cluster behavior, with a large number of token-holding addresses created three days ago. Between 12-20% of CS tokens were manipulated, and some have already flowed to CEXs, resulting in poor community allocation and losses for contributors. The project is suspected of falsifying data, reporting an annual book loss of $3.8 million while actual revenue was only $150,000, far below the claimed $6 million. The founder's personal wallet transferred $2.78 million and $1.67 million in 2024 and 2025, respectively, and some chips in their mining machines were sourced from recycled Antminer L7 machines.

[KB Financial Group Report Indicates South Korea's High-Net-Worth Individuals Increasing Allocation to Gold and Crypto Assets While Reducing Real Estate Holdings] KB Financial Group released the '2025 South Korea Wealth Report,' analyzing that the number of high-net-worth individuals in South Korea is growing at an average annual rate of 9.7%, reaching 476,000 by 2025. The total financial assets are expected to grow at an average annual rate of 7.2% to 3,066 trillion Korean won, surpassing 3,000 trillion Korean won for the first time this year. Additionally, the asset portfolios of South Korea's high-net-worth individuals show a decrease in the proportion of real estate, while the proportion of physical assets such as gold and jewelry, as well as crypto assets and other assets, is increasing.