The Double Christmas and New Year Festival is coming. To give back to our users for their support, Gate Web3's Swap trading platform Gate Swap is officially launching the “Gate Swap Double Christmas and New Year Check-in Party” event. This event features three special reward modes: “Newcomer Icebreaker,” “Cumulative Check-in,” and “Holiday Limited.” Users can not only receive a fixed USDT cash reward by completing daily trading tasks, but also unlock multiple gifts—from Gas subsidies to New Year red envelopes—by accumulating check-ins for a specified number of days during the event period. New users will receive 5 USDT on their first order.
Exchange Check-in
Event Time: December 12, 2025, 18:00 — January 3, 2026, 18:00

L&T Finance's Managing Director and CEO Sudipta Roy recently announced that the company has set a growth target of 20%-25% and will maintain this goal.
The core of this strategy revolves around two major drivers: the artificial intelligence risk management system "Cyclops" and the rapidly growing personal loan, two-wheeler loan, and gold loan businesses.
01 L&T Finance Growth Engine

XRP price is approaching a decisive moment. As of December 12, XRP's trading price on Gate has hovered near the key psychological support level of $2.00, down approximately 4.1% over the past 24 hours.
This echoes a nearly one-month decline of up to 18.83% in exchange reserve value.
According to multiple analysts, the current support zone around $2.00 is crucial. If this line of defense is broken, the price could accelerate downward toward the next significant support at $1.93, opening the door for further decline to $1.20.
01 Price Status and Key Support
Currently, XRP's price is battling around the psychological threshold of $2.00. According to the latest data from December 11, its trading price is $2.0048, down 24 over the past 24

In the past 24 hours, XRP price has fallen by 4.118% to $2.0048. The derivatives market shows significantly more long liquidations than short liquidations, indicating a lack of short-term participation. Despite a technical correction, long-term investors continue to buy, suggesting underlying support in the market. The future price trend depends on buyer participation, with key levels at $2.00 and $2.10.

In the past 24 hours, whale wallet addresses quietly purchased 480 million DOGE, totaling approximately $71.8 million. Meanwhile, according to CoinMarketCap data, the spot trading volume of Dogecoin increased by 61% in the past 24 hours, reaching $1.68 billion.
Against the macro backdrop of the Federal Reserve announcing its third rate cut of the year, the entire crypto market did not experience the expected broad rally. However, on-chain data for Dogecoin shows a completely different lively scene.
01 Hidden currents beneath a calm price
On the surface, Dogecoin's price trend appears uneventful. As of December 12, DOGE trading price is about $0.1405, with intraday fluctuations limited between $0.1382 and $0.1408, firmly holding the key support level.
This kind of

When the cryptocurrency market is in a delicate balance, every move of XRP can always draw traders' attention. Over the past week, XRP's price has experienced significant volatility, with a slight pullback from $2.0048 on December 11, but it still remains above the key psychological threshold of $2.
Despite facing short-term adjustments, institutional investors continue to pour huge amounts of funds into XRP. This strong fundamental support has led more and more analysts to believe that the current correction may be the calm before the storm.
01 Price Volatility Analysis
Currently, XRP's market performance shows obvious polarization characteristics. According to data released by Aastocks on December 11, XRP closed at $2.0048, down 4.118% in the past 24 hours, with a trading volume of $281 million.
This

On November 17th, the price of Bitcoin dipped to $93,714, wiping out all of its gains for the year in 2025. This is just the beginning, as Bitcoin then continued to decline, at one point dropping to around $80,600 by the end of November.
Compared to the all-time high of $126,000 set on October 6th, Bitcoin's market capitalization evaporated by over 30% in just a little over a month. The total market cap of the entire crypto asset market lost more than $1 trillion in six weeks.
01 Black November
November 2025 has been a brutal month for the crypto market. Bitcoin started to decline from around $111,586 at the beginning of the month, dropping to a low of $80,698 at one point, and closed the month at an average of $97,097.
This means that the overall decline for November was about 18-20%, completely disrupting the market's expectation of an average 42% rise in November historically. In terms of monthly performance, this is Bitcoin

Ripple as scheduled released 1 billion XRP from its escrow account on December 1st. Based on the price at that time, this batch of tokens was worth over $2 billion.
Meanwhile, according to Gate data, as of December 12th, the XRP price was $2.0048, down 4.118% in 24 hours, breaking below a key psychological level.
The market's immediate reaction was negative: following the unlocking news, XRP price remained under pressure, dropping to a low of $1.993 and consolidating around the key support level of $2.00.
01 Unlock Event and Latest Price Dynamics
On December 1, 2025, Ripple resumed its scheduled monthly unlock program, releasing 1 billion XRP from escrow.
This event is Rip

After the Federal Reserve cut interest rates, Dogecoin (DOGE) prices fluctuated in the range of $0.1380 to $0.1425, and the ETF launch failed to boost the market. Analysts pointed out that Dogecoin is forming a potential bullish pattern, and if it breaks through the resistance level, a target of $1 could be seen. The market is focused on support and resistance levels, awaiting clear signals.

When XRP’s price hovers around the key level of $2.00 on December 12, 2025, a clear battle pattern emerges on the trading chart: the price repeatedly tests the $2.10 resistance level but is repeatedly pushed back down.
The key price zone of $2.09–$2.10 has become a “hard cap,” with any attempts to break through quickly suppressed. Institutional trading volume has surged by 54%, far above the seven-day average, indicating this is strategic selling by institutions rather than retail panic.
01 Latest Price Movements
As of December 12, 2025, XRP’s price fell from $2.09 to $2.00, a single-day decline of 4.3%.
Price fluctuated between $2.0000 and $2.1108, with a trading volume of $281 million. This correction caused XRP to underperform the broader cryptocurrency market by about 1%.

This is December 10, 2025. The Federal Reserve has cut interest rates for the sixth time since September 2024, lowering the federal funds rate target range to 3.50% to 3.75%. However, what is more notable is the emergence of the strongest opposition within the Fed in six years: three explicit dissenting votes and "silent dissent" hidden in the “dot plot.”
01 Divergence Between Hawks and Doves
The Federal Reserve's monetary policy decision-making circle is currently facing unprecedented division. At the December 10, 2025 meeting, 3 out of the 12 Federal Open Market Committee members voted against a 25 basis point rate cut, marking the first dissent since September 2019.
Specifically, Fed Governor Stephen Milan advocated for a one-time 50 basis point cut, while Chicago Fed President Charles Evans and Kansas City Fed President Jeffrey Schmid believed rates should remain unchanged.
This split is not just numerical.

As of December 12, XRP's latest price hovers around $2.01, having just experienced a test of the $2.00 key support level.
Market focus is on: Is this dip the start of a new downward trend, or a signal of consolidation above an important support level? Currently, XRP's price is tightly following the lower boundary of a descending channel formed since August, with multiple moving averages exerting resistance above.
01 Price Performance and Market Context
Entering December, XRP's market performance continues to be under pressure. According to the latest data, XRP briefly fell below $2.00 on December 12 and is now trading around $2.01.
This contrasts with the rebound from the support level at $2.15 at the end of November, when the market anticipated the price could move towards $2.60.

Bitcoin price briefly surged above $94,601 on December 11th Beijing time, then retreated to around $92,362. Despite a daily increase of 2.83% and a 24-hour trading volume of $60.103 billion, on-chain data and market indicators reveal a less optimistic reality.
In just five minutes, Bitcoin’s price dropped by 0.82%, highlighting the market’s volatility.
01 Market Status
As of December 12th, the reported Bitcoin price was $92,362.57, representing a 2.83% increase within 24 hours. This price movement allowed Bitcoin to successfully hold the key psychological level of $92,000.
During the trading session, Bitcoin reached a high of $94,601.57 and dipped as low as $87,799.56. The $6,800 fluctuation range fully demonstrates the...

Global top venture capital firm Andreessen Horowitz (a16z) has released its annual flagship report "17 Cryptocurrency Trends for 2026." The report states that the annual trading volume of stablecoins has reached an astonishing $46 trillion, a figure that is not only 20 times that of PayPal but also close to three times the annual trading volume of global payments giant Visa.
As AI intelligences are integrated into economic life on a large scale, the form of financial services is being redefined. The report proactively points out that blockchain technology will evolve from a tool for trading and speculation to an infrastructure supporting the value transfer of the next-generation internet.
01 Industry Barometer: Observing the Path of Crypto Evolution through a16z's Annual Review
As one of the most influential barometers in the crypto world, a16z's annual trend report has long been regarded by industry insiders as an important basis for predicting the future. This year

As of December 12, XRP is priced at $2.04, up 1.32% in the past 24 hours. Although the price has experienced intense fluctuations between $2.00 and $2.10 since early December, its overall structure has shown resilience since rebounding from the $2.15 key support level at the end of November.
The core contradiction in the market is: sustained strong influx of spot ETF funds is continuously tightening supply, while the price repeatedly faces setbacks at critical technical resistance levels.
01 Current Market Situation: Bull-Bear Battle in Converging Volatility
According to Gate data, on December 11, XRP once fell by 3.62%, touching a low of $2.00 psychological level, but quickly found support afterward. This rapid dip and rebound indicate fierce competition between bulls and bears at key price points.

Blockstream founder Adam Back pointed out that Bitcoin is transforming into an enterprise financial tool, with companies gradually incorporating it into their balance sheets to combat inflation and enhance competitive advantage. An increasing number of companies across various industries are adopting Bitcoin reserve strategies, a trend that will reshape the global corporate financial landscape.

On December 11th, BTX officially launched trading on the Gate platform. As of December 12th, the price was approximately $0.04. According to Goldman Sachs, by 2035, the global music industry will double in size to $200 billion.
BeatSwap is targeting this huge market and becoming the world's first full-stack IP Rights RWA (Intellectual Property Real-World Asset) platform, bringing creative works and their licensing processes onto the blockchain.
01 Market Opportunity: Why Does IP Need Web3?
The music and intellectual property sectors are experiencing explosive growth. Industry forecasts predict that the global IP licensing market will reach approximately $48.2 billion by 2033, with a compound annual growth rate of 8.5%.
However, this enormous market faces many issues: opaque copyright management, unfair value distribution, slow settlement processes, and intermediaries capturing the majority of profits.

Cascade is a fintech startup aimed at providing a new type of brokerage service with 24/7 trading, featuring a unified margin account system. The platform supports perpetual contract trading for multiple assets and plans to fully open in 2026. While innovative, it faces regulatory and market competition challenges.

Each significant capital injection is a collective vote of confidence in the potential of the industry. On December 11, 2025, Berlin-based cross-chain infrastructure protocol LI.FI announced the completion of a $29 million Series A extension funding, led by top crypto venture capital firms Multicoin Capital and CoinFund.
This is another major capital infusion for LI.FI since its Series A funding in 2023, bringing its total funding to approximately $51.7 million. Against the backdrop of frequent cross-chain bridge security incidents, this funding not only provides LI.FI with ammunition but also serves as a statement from the capital market.
01 Funding Overview: Why Are Capitalists Betting on a Protocol That Was "Previously Attacked"?
According to official disclosures, after this round of funding, LI.FI's total funding has reached approximately $52 million. This capital

The U.S. Commodity Futures Trading Commission (CFTC) issued a "No-Action Letter" to the four major prediction markets, relaxing their data reporting requirements, providing compliance flexibility, and stimulating industry competition. Platforms like Polymarket are reconfiguring their markets and becoming an important part of emerging financial infrastructure.