ChainCatcher

OKX will officially launch the RAVE/USDT perpetual contract on December 15, 2025, at 16:00, with a leverage range of 0.01 to 20 times. Trading hours are 7×24. Users can trade on the web, App, and API. For detailed rules, please refer to the product documentation.

According to the official announcement, Upbit will list HumidiFi (WET) trading pairs with KRW, BTC, and USDT.

Former co-chairman of the board of directors of Canaan Creative, and now founder and chairman of Nano Labs, Kong Jianping, quoted his previous tweet "Bitcoin mining farms in Xinjiang are gradually shutting down," indicating that, in light of the recent drop in Bitcoin's hash rate, at an average of 250 T (hash rate calculation) per machine, at least 400,000 Bitcoin mining machines have shut down recently.According to previous reports, the total Bitcoin network hash rate is currently reported at 988.49 EH/s, down 17.25% from the same time last week. Notably, in November, foreign media reported that Bitcoin mining activities have become active again in regions such as Xinjiang, China. By the end of October 2025, China's share of Bitcoin mining hash rate has rebounded to about 14% (the third largest in the world). Subsequently, on the 28th, the People's Bank of China led thirteen departments to deploy a special rectification to combat virtual currency trading speculation.

This week, market risks are high, with a series of delayed economic data releases combined with a full market index rebalance, which may trigger market volatility. The U.S. will release the November employment report and key inflation readings this week, which could support or challenge the Federal Reserve's interest rate outlook for the new year. Federal Reserve officials cut rates for the third consecutive time last week while suggesting an open stance for another rate cut next year as rates approach neutral levels.The U.S. will also release the November Consumer Price Index (CPI) report this week. Economists surveyed by the WSJ expect the index to rise 3.1% year-over-year. Farzin Azarm, Managing Director of U.S. Equity Trading at Mizuho Securities, stated that the most important market event this week is what he describes as "one of the largest annual clearing events."Specifically, the quarterly index rebalance for the S&P 500 and Nasdaq 100 indices will take place on Friday, during which index providers will adjust the components and weights of their benchmark indices to ensure they continue to represent the tracked markets. The U.S. stock market saw a significant decline last Friday. According to FactSet data, the S&P 500 fell 0.6% last week, the Nasdaq Composite dropped 1.6%, while the Dow Jones Industrial Average rose by 1.1%.

Binance has now completed the integration of The Sandbox (SAND) on the Base network and has opened deposit and withdrawal services. Users can obtain their exclusive token deposit address through the relevant page and check the token's smart contract address on the aforementioned network.

According to Caixin, the China Internet Finance Association disclosed that as of November 30, 2025, a total of 217 supply chain information service institutions have registered basic information with the association. From the banking sector, it is learned that the outstanding scale of accounts receivable certificates issued by relevant institutions is close to 3 trillion yuan. For banks and other financial institutions, how to explore "de-core" financing remains to be breakthrough."De-core" refers to financial institutions reducing their excessive reliance on the credit of core enterprises, using digital technologies such as big data and blockchain, and taking real data such as transaction records, orders, logistics, and cash flows of enterprises as the basis for credit assessment, to provide financing services for small and medium-sized enterprises in the chain.

In response to the rumors circulating in the community, CZ posted on the X platform stating: all interactions with the relevant parties consisted of "exchanging 3 messages back and forth and meeting for 10 minutes." Before debating with Peter Schiff, he met with a few KOLs and decided on the spot to have one of the KOLs come on stage to present a very heavy gold bar, which was not arranged beforehand.

Hong Kong's largest licensed cryptocurrency exchange operator HashKey Holdings Ltd. has priced its initial public offering (IPO) at the high end of the marketing price range. HashKey Holdings Ltd. sold 240.6 million shares at a price of HK$6.68 per share, raising HK$1.6 billion (approximately US$206 million) in this Hong Kong IPO. The promotional price range for the shares was HK$5.95 to HK$6.95 per share.HashKey did not exercise the option to increase the size of the offering. The allocation ratio for the top 20 institutional entities in the transaction was approximately 80% of the institutional placement portion (excluding cornerstone investors). HashKey's shares are set to debut on Wednesday, with JPMorgan Chase & Co. and Guotai Junan serving as joint sponsors for the IPO.

Nansen CEO Alex Svanevik shared in a post, "I love Ethereum; it brought me into the crypto world, and I still hold ETH. But to be honest, I really can't stand the kind of complacency culture that is being constantly promoted nowadays.Whenever you mention the areas where Ethereum has started to lag behind, the response is often, 'Those metrics are fake,' or 'We still have TVL.' Ethereum needs to remain paranoid. If the community cannot become more vigilant and have a greater sense of crisis, then by 2030, Ethereum is likely to become irrelevant."

Ark Invest Tracker released an interview video with ARK Invest founder Cathie Wood on the X platform, in which she listed her top three favorite crypto assets: Bitcoin as the global monetary system and institutional entry point, Ethereum as the institutional-grade infrastructure layer, and Solana as the consumer-centric blockchain.

Chairman Michael Saylor of Strategy hinted at another Bitcoin purchase after the price of Bitcoin dropped to a two-week low of $87,600 late Sunday night. Saylor posted on the X platform, "Back to More Orange Dots," suggesting another Bitcoin buy.The last purchase by Strategy was on December 12, when they acquired 10,624 BTC, the largest since late July. Strategy currently holds 660,624 BTC, valued at approximately $5.85 billion at current prices, with an average cost basis of $74,696. Some analysts speculate that the selling pressure comes from the upcoming interest rate decision by the Bank of Japan.Prediction platform Polymarket shows a 98% probability that the Bank of Japan will raise interest rates by 0.25% this Friday. Justin d'Anethan, research director at market consulting firm Arctic Digital, stated that expectations of a rate hike in Japan are leading traders to take profits, anticipating further price declines. Analyst Sykodelic believes that the market has fully absorbed the Bank of Japan's actions.

According to on-chain data, the inflow of "wholecoiners" (holders of more than 1 BTC) to Binance is rapidly declining. The annual average inflow is about 6,500 BTC, hitting a new low since 2018; the weekly average inflow is only about 5,200 BTC, one of the lowest levels in this cycle.It is worth noting that despite the continuous rise in Bitcoin prices, the trend of wholecoin inflows is contrary to past cycles: instead of increasing, it is decreasing. This not only shows that the selling pressure from investors holding large amounts of BTC has weakened, but also reflects a structural change in the market: as Bitcoin valuation rises, the threshold for owning a complete 1 BTC increases, naturally reducing large transactions; at the same time, the number of exchanges has surged, and the expansion of the DeFi ecosystem provides more alternative channels, diverting funds that would have almost entirely flowed to major exchanges like Binance.

According to on-chain data monitoring, the once public opponent of CZ, the whale under the wallet starting with 0x9eec9, has all its 15x leveraged ETH long positions and 10x leveraged long positions in ASTER in a state of loss, with the current value of this address's positions at approximately 255 million USD, and an unrealized loss of about 15.71 million USD;In addition, another whale's wallet starting with 0xbadb has a 20x leveraged ETH long position and a 5x leveraged HYPE long position with a total position value of approximately 93.65 million USD, and an unrealized loss exceeding 4.3 million USD.

According to CCN, AMINA, a crypto bank regulated by Switzerland's FINMA, has become the first European bank to officially launch Ripple's payment cross-border settlement solution. This integration connects blockchain settlement with traditional banking systems, allowing customers to efficiently conduct cross-border transfers within a regulated framework.Myles Harrison, Chief Product Officer of AMINA, stated that traditional correspondent banking networks cannot support both fiat and stablecoin rails simultaneously, while Ripple's technology significantly enhances banking capabilities, reduces cross-border friction, and helps crypto-native clients maintain a competitive edge.

CryptoQuant founder and CEO Ki Young Ju posted on social media, "Based on the insights from 246 selected analysts, Claude AI has built an analyst consensus index. A 5-year backtest on Bitcoin shows that this index successfully predicted the crash in 2022, the rally in 2023, and the current pullback.Many people are asking how the market will move next, but in a neutral and uncertain situation like the current one, I believe the more appropriate approach is to: stick to your own judgment, maintain your current positions, and watch the changes."

According to Cointelegraph, MoonPay President Keith Grossman believes that meme coins have not disappeared; their core innovation lies in the low-cost tokenization of attention, breaking the monopoly of platform-based attention economies. He pointed out that before crypto technology, only platforms, brands, and a few influencers could monetize attention, while the value created by ordinary users, such as likes and trends, was captured by centralized platforms.Data from CoinGecko shows that meme coins were the best-performing category of crypto assets in 2024, but were severely impacted in Q1 2025 due to multiple collapse events. A meme coin issued before Trump's inauguration plummeted over 90% from $75 to $5.42; the Libra token endorsed by Argentine President Milei collapsed, with 86% of holders losing over $1,000 in a single transaction, triggering calls for investigation and impeachment.Grossman likened the current pessimistic forecasts to the misjudgment following the burst of the early 2000s social media bubble, believing that meme coins will be revived in a new form.