【Crypto World】Recently, major financial institutions have released research reports that make quite pessimistic predictions about the upcoming year's trend in the cryptocurrency market. They believe that by 2026, the crypto market may face a period of weakness—spot trading volume is expected to decline, and retail investors' enthusiasm is clearly cooling down. This is undoubtedly a significant shock to leading exchanges like some compliant platforms.
Where is the problem? Currently, the market lacks powerful catalysts. Those former political optimistic sentiments? They have long been absorbed by the market. Although regulations like the CLARITY Act help clarify the legal framework of the crypto industry, which can indeed reduce some uncertainties, and the tokenization track has also been long-termly focused on, these factors are difficult to trigger revenue growth in the short term.
This institution's attitude towards some compliant platforms has also become more conservative—reducing the target stock price from the previous expectation to $291. The underlying logic is straightforward: on one side is

An emerging DeFi platform has secured $10 million in Series A funding, aiming to optimize cross-chain asset allocation. Its innovative "Embassy" vault reduces cross-chain bridging risks, and through the "DeFi Map" tool, it dynamically manages risk exposure to ensure that fund flows can pursue returns while minimizing risks.

The Bank of Japan's interest rate decision has become the focus of market attention. Prediction platforms show that the market assigns a 98% probability of a 25 basis point rate hike in December. Although the official decision will be announced on December 19, the rate hike expectation has already been largely priced in, providing valuable reference for investors in the yen and related assets.

The article analyzes Bitcoin's liquidity performance during the recent market adjustment, highlighting its status as the top choice among institutional investors in the crypto asset space. It also discusses the development directions and challenges faced by Ethereum and Solana, emphasizing strategies and trends in institutional investment allocation, with particular mention of the potential impact of traditional financial institutions introducing Bitcoin exposure through ETFs.

Well-known investor Huang Licheng recently sold 786 Ethereum, reducing his holdings to 3,144 ETH, approximately $9.69 million. His liquidation price is $3,042.74, reflecting market participants' judgment of the short-term trend.

The NFT market overall declined in the past week, with trading volume down 10.18% week-on-week to $66.71 million. The number of buyers and sellers has significantly decreased, but Ethereum still maintains a dominant position. Solana and BNB Chain show growth potential, while blue-chip NFT project CryptoPunks continues to attract attention.

Recently, the market has been active, with some popular tokens such as FOLKS surging by 183%, reaching a market cap of $527 million; COA increased by 122%, with a market cap of $2.87 million. Other tokens like VITA and Shoggoth have also seen significant rises. Overall market enthusiasm is high, but short-term fluctuations require cautious participation.

【Crypto World】Recently, there has been an interesting phenomenon—the exchange's leverage ratio has fallen to a new low since May. The logic behind it is simple: investors are gradually reducing their risk exposure. This indicates that market sentiment is shifting from pursuing extreme returns to a more prudent approach, with many adjusting their positions and leverage ratios. This cautious attitude marks a quite noticeable shift in the cryptocurrency market.

On December 14, a cryptocurrency-related crime case that shook the industry broke out - a car arson murder case that occurred in Vienna at the end of November this year, and two suspects were arrested in Ukraine a few days ago.
What happened in this case? The victim was a young man studying in Vienna. He once mentioned to one of the suspects that he had cryptocurrency assets. So, the two suspects had a dangerous idea - to obtain his wallet password.
The crime process is creepy. The victim was attacked in the underground parking lot of a luxury hotel and was beaten by multiple people. Police found blood at the scene, indicating that the violence had already begun in the parking lot. They locked the victim in the car for hours and used all means to force him to give out the passwords for the two crypto wallets. When the password was obtained, the suspect emptied the funds in the wallet, and then threw the victim in the back seat of the car and set fire to the car. The burned black Mercedes-Benz car hangs on the country

Pudgy Penguins plans to run advertisements at the Las Vegas Sphere during Christmas, investing approximately $500,000 to showcase multiple animation clips. The Sphere has gained attention for its LED display effects and Bitcoin events, and this move demonstrates the growing integration capability of NFT brands with traditional media.

Recently, the cryptocurrency market has experienced significant volatility, with a total liquidation amount of $118.61 million within 24 hours. Long liquidations amounted to $75.31 million, and short liquidations totaled $43.30 million, indicating high market risk. Whether going long or short, traders need to exercise caution.

Tether-supported Bitcoin vault platform TwentyOne has been listed on the New York Stock Exchange, becoming the third-largest Bitcoin vault company, holding 43,514 Bitcoins. This further boosts institutional demand for secure Bitcoin storage, reflecting market confidence in Bitcoin's long-term value.

PUMP token price continues to decline, with the latest price at $0.002754, down 3.85% for the day. Large holders selling off $6.3 million worth of tokens have attracted attention, and the team has invested $12.7 million in buybacks to stabilize the price, but the effect is limited. Technical analysis shows an oversold zone, and the rebound strength is uncertain.

【Blockchain Rhythms】Strategy, a company specializing in Bitcoin treasury concepts, has recently announced good news — it successfully maintained its position in the Nasdaq 100 Index. This seemingly ordinary decision actually conceals a major debate about the corporate value of crypto assets.
Since the news broke on December 13, the market response has not been calm. Frankly, Strategy’s core business model of "buy and hold Bitcoin long-term" is indeed creative, even sparking a wave of imitators. But the question is: what exactly is this model? Is it an investment fund? Or a genuine operating company? Analysts have varying opinions, but skepticism is growing.
What’s more concerning is that the stock price movement pattern of these crypto treasury companies has been exposed — they are extremely sensitive to Bitcoin price fluctuations, almost entirely tied to it. This has led many market observers to ask: can this kind of corporate structure truly be sustainable?

The on-chain data monitoring platform found that TANSSI minted 45 million tokens in one go 18 hours ago, worth nearly $700,000. This is the second large issuance by the team within three weeks, which may affect market price expectations. Please stay tuned for subsequent developments.