Daily Market Wrap | Dec. 09

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Hot Topics

CFTC launches pilot allowing BTC, ETH, and USDC as collateral in U.S. derivatives markets.

BlackRock files SEC S-1 for iShares Staked Ethereum Trust ETF to offer ETH price exposure plus staking rewards.

Circle secures ADGM’s FSP license to operate USDC as a regulated Money Services Provider in Abu Dhabi, advancing Middle East expansion.

Tether’s USDT gains ADGM recognition as an accepted fiat-referenced token for use across nine major blockchains in Abu Dhabi.

Market Updates

BitMine reports $13.2B holdings with 3.86M ETH as treasury expands post-November slowdown via $430M purchase.

Zcash proposes dynamic fees via median prior-block pricing to curb rising costs, sparking 12% ZEC surge to $395.

BTC-2.16%
ETH-4.64%
USDC-0.01%
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