Bitcoin's market got calmer in 2025 thanks to yield-hungry institutional investors

[The Financial Accounting Standards Board Plans to Study Whether Certain Stablecoins Qualify as Cash Equivalents in 2026] The Financial Accounting Standards Board (FASB) plans to explore in 2026 whether certain stablecoins meet the qualifications for 'cash equivalents' and to study the accounting treatment of crypto asset transfers, including Wrapped Tokens. FASB Chairman Rich Jones stated that the agency has already added relevant crypto projects to its agenda. In 2023, FASB required companies to adopt fair value accounting treatment for crypto assets such as Ethereum and Bitcoin, but excluded NFTs and certain stablecoins at the time.

Binance TAKE/USDT's perpetual trading volume surged 9 times within 10 minutes, with a turnover of $177 million in the past 24 hours, a decrease of 65.30% 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

[The Dark Side of the Moon Completes $500 Million Series C Financing, Valuation Reaches $4.3 Billion] On December 31, The Dark Side of the Moon (Kimi) completed a $500 million Series C financing round, with IDG leading the investment with $150 million. Existing shareholders, including Alibaba, Tencent, and Wang Huiwen, oversubscribed in the round, bringing the post-investment valuation to $4.3 billion. It is reported that Wang Huiwen has invested a total of $70 million in The Dark Side of the Moon. The company's founder and CEO, Yang Zhilin, stated in an internal letter that the company’s cash reserves exceed RMB 10 billion, putting it on par with Zhipu and MiniMax after their IPOs. Sources indicate that The Dark Side of the Moon may not be in a hurry to go public.

In the past 24 hours, the net inflow of Polygon PoS stablecoin reached $107.8 million, while the net outflow of Solana stablecoin was $643.5 million. （Cointelegraph）

[XRP Supply on Exchanges Drops to 7-Year Low of 1.6 Billion] Cointelegraph posted on Platform X that the XRP supply on exchanges has dropped to a 7-year low of 1.6 billion, a significant decrease from 3.76 billion in October.