Recently, cryptocurrency prices have rebounded, but trading volume has shrunk, and market activity is low. Technical analysis shows that bullish momentum is gradually accumulating, and the overall trend is neutral leaning bullish. The key support level is at 89146, with resistance above at 93705. Investors should watch whether the resistance level can be broken in the coming sessions.

A whale transferred 2.299 billion PUMP to a trading platform on December 13, with a market value of approximately $6.3 million. The major holder has been continuously increasing their position over the past three months, but entered at a high point, facing a paper loss of $5 million, sparking market speculation about the purpose of the transfer.

The Hong Kong Financial Services Development Council released a report outlining plans for the development of tokenized assets. The goal is to improve tokenized real-world asset tools within 2-5 years, enhance issuance and trading operations over the next 5-10 years, and promote the unification of data and compliance standards, aiming to make Hong Kong a leading global digital asset market.

A major exchange discovered accounts colluding to manipulate prices by using OM tokens for loans. After implementing control measures, the price plummeted. The losses are mainly covered by the security fund, and analysis shows that trading behaviors on other platforms are the main cause. The exchange has submitted evidence to regulatory authorities, while the relevant project teams remain silent.

In today's market, ZRO experienced the largest increase, reaching $1.492, with a daily gain of 6.57%. Other notable performers include SATS, ORDI, WIF, and 1INCH. Conversely, GRT saw the biggest decline, with a mild pullback, and the overall market shows a balanced pattern of gains and losses.

【币界】12月13日，美股三大指数今日走弱。道琼斯指数下跌0.51%，本周累计涨幅1.05%；纳斯达克指数跌1.69%，周内累跌1.62%；标普500指数跌1.07%，周线下滑0.63%。
科技类股票普遍承压。英伟达跌幅超过3%，谷歌、微软、Meta、亚马逊跌幅均破1%，特斯拉逆势上扬超2%。
加密相关上市公司同步下行。其中Coinbase跌0.58%，灰度比特币迷你信托(CRCL)下跌5.76%，数字资产管理公司MicroStrategy(MSTR)跌幅最大，下跌3.74%。整体来看，加密货币市场与传统科技股走势关联度依然较强，投资者情绪波动带动板块承压。

【比推】根据Coinglass最新数据，ETH的全网8小时平均资金费率已降至0.0011%。有意思的是，各大交易平台费率呈现出明显的分化——某头部交易所维持在0%，某知名交易所已跌至-0.0072%，而某交易平台更是到了-0.0045%。费率这样的波动，说明市场上多空双方在8小时周期内的拉锯还挺激烈。想精准卡位的交易者，得留意这些细微的费率差异，有时候就差一点点，收益就能差不少。

Recently, a user changed their gender to male on a social platform, resulting in a 238% surge in exposure. Although the official statement denied that the algorithm is affected by gender, industry insiders believe that algorithmic bias may still exist, and the platform's content recommendation mechanism lacks transparency, sparking widespread discussion.

Oracle's AI enterprise data center project has been postponed until 2028 due to labor and raw material supply issues. The market response was significant, with Oracle falling 6% and Nvidia dropping nearly 2%, indicating that investors are highly sensitive to developments in AI infrastructure, which could impact expectations across the entire industry chain.

【CryptoWorld】In Q4 2025, the privacy coin sector performed remarkably well. Leading privacy assets ZCash and Monero led the rally, driven by growing interest in zero-knowledge proof technology across the entire crypto market.
Data shows that the privacy coin market has grown 335% since the beginning of the year, far surpassing the average growth rate of the cryptocurrency industry, with a total market capitalization exceeding $34 billion. This growth rate is indeed impressive.
Interestingly, the distribution of trading activity is highly uneven. 81% of global privacy coin trading volume is concentrated in the Middle East and North Africa, the Commonwealth of Independent States, and Southeast Asia. Why? Essentially, it’s due to limited banking services in these regions and strong cross-border transfer demands, with privacy assets providing an alternative solution.
Trader behavior is also changing. About one-fifth of traders are switching from stablecoins to privacy assets. While this shift doesn’t constitute the majority, it is enough to boost market activity. Institutional participation has also increased significantly, the fourth

Huaxia Fund Hong Kong announced the launch of Asia's largest tokenized money market fund at the Solana Breakpoint Conference, supporting HKD, USD, and RMB. Investors can achieve secure and transparent stable returns through the Solana blockchain. This innovative product, developed in collaboration with regulators and ecosystem partners, marks further integration of traditional finance with the Web3 ecosystem.

【Blockchain Rhythm】Curve ecosystem makes another big move. A few days ago, the DAO passed an important resolution — significantly increasing the credit limit for YieldBasis's crvUSD from $300 million directly to a ceiling of $1 billion.
However, there is a detail to note: this $1 billion limit is not released all at once. In other words, YieldBasis cannot immediately use the entire limit, but rather, it will be gradually unlocked as the liquidity of crvUSD actually grows. This design idea is quite thoughtful — it provides room for ecosystem expansion while avoiding the risks of excessive leverage.
The entire mechanism works like this: Curve establishes the overall credit limit framework, which is equivalent to setting the game rules. Then, YieldBasis needs to pass its own governance voting to set individual caps for each YB market within this framework. This two-tier governance

There is significant disagreement in the market regarding the trend of the US dollar. One side believes that the dollar's downward cycle is nearing its bottom and may rebound by mid-2026; the other predicts that the dollar will fall to 94 in the second quarter of 2026 before rebounding. Both perspectives have their merits, and the final outcome will depend on economic data and policy changes.

【区块律动】Solana Breakpoint大会上，Copperx团队宣布了一个新动作——Kosh，一款专为自由职业者和小企业量身打造的全球数字银行服务。听起来不复杂，但功能确实不少。用户可以轻松分享账户信息给全球客户，进行实时收付，而且没有隐藏费用这种烦人的套路。想快速开通美国账户？Kosh支持。需要即时跨境支付？也没问题。最有意思的是，这个产品还支持用SOL进行抵押还款，灵活性挺强的。对于经常跟国外客户打交道的自由职业者来说，这套流程确实能省不少麻烦——无延迟、无暗坑，就这么简单。

The Federal Reserve cut interest rates as scheduled, but the market remains uncertain about the pace of future rate cuts. The options market shows declining implied volatility, indicating reduced uncertainty, but bearish sentiment remains high, and investors remain cautious of downside risks. Overall, the market does not appear optimistic.

Renowned asset management firm Ark Invest recently increased its holdings by 124,427 shares of Robinhood stock, valued at approximately $15.4 million, and added 13,700 shares of Bitcoin ETF product ARKB, indicating optimism about the long-term prospects of Bitcoin spot ETFs and reflecting the market's growing demand for Bitcoin asset allocation.

【Crypto World】Recently, I've been watching Ethereum's trend, and it's quite interesting. The price is currently stuck between the 100-day and 200-day moving averages, below a key technical support level, which already signals weakness.
What’s more worth paying attention to is the change in the futures market. Open interest is increasing, but the price is repeatedly consolidating within a range. This contradictory phenomenon has occurred many times in history—usually indicating an impending wave of liquidations. It is especially prone to trigger when the price experiences a slight rebound.
ETH previously attempted to break through the downward trendline, but was pushed back at the resistance level. The current situation is—speculators are increasing their positions, but the price isn't following the upward momentum. This often suggests that the next move could be very volatile. The risk of liquidation is real; once triggered, both upward and downward swings could be fierce.
On the technical side, short-term volatility is indeed expanding. If you look at the leverage data of futures contracts, you'll find a large amount of speculation.

Figure Technology Solutions has filed a registration statement with the U.S. Securities and Exchange Commission, planning to launch a blockchain stock product that allows users to directly manage and trade stocks in a decentralized environment, which is expected to reshape the equity trading process.