arc

10x Research stated in its latest report that despite the increasingly strong narrative in the market that "Bitcoin has entered a bear market," a large number of traders are actually still maintaining long positions and are under pressure due to the current decline.The agency pointed out that the currently popular "three years up, one year down" old cycle logic is being referenced again, but the key is whether a "crowded consensus expectation" has formed, thus creating opportunities for a contrarian layout. 10x Research mentioned that they turned bearish at the end of October, after which the implied volatility of Coinbase's stock significantly declined, demonstrating the typical characteristics of "sharp drops and sharp rises coexisting" in a bear market environment.They emphasized that bear markets are highly challenging to navigate, but due to the extreme volatility, they often give rise to the best strategic opportunities. The report stated that Bitcoin is testing its long-term uptrend line, which has formed key bottoms every time it has touched this trend line in previous years, potentially marking a short-term or strategic turning point.The key question now is no longer whether the market has entered a bear market, but rather "is this a position to accumulate on the dips, or a turning point that requires increased vigilance?"

Binance Wallet will stop supporting ARC-20 assets on December 15, 2025, at 18:00. After this date, users will not be able to view, send, or receive ARC-20 assets within Binance Wallet. Users are advised to manage or transfer their ARC-20 assets before the support cessation date.

According to Jinshi reports, Federal Reserve Governor Waller stated that the recent lack of data should not hinder the Federal Reserve's easing policy.

According to the 10x Research report, the current Bitcoin price is below the 7-day and 30-day moving averages, indicating a bearish signal; the weekly decline is -6.7%, and it has fallen below the $100,000 mark, due to large holders (whales) starting to sell off, marking the largest weekly drop in months; the outflow of funds from the U.S. spot Bitcoin ETF has surged, indicating weak institutional demand.In addition, the correlation between Bitcoin and the Nasdaq 100 index continues to show a negative skew, meaning that Bitcoin's decline is greater when tech stocks are sold off than its increase when tech stocks rise, which exacerbates investors' cautious sentiment.Although macro catalysts such as interest rate cuts by central banks and inflows into ETFs still exist, these factors have failed to create upward momentum due to weak fundamental demand.

According to tracking data from the Web3 asset data platform RootData X, in the past 7 days, the Layer-1 blockchain Arc has been the project with the most new followers among top personalities on X (Twitter). New influential figures following this project include Mr. Block (@mrblocktw), renowned analyst 0xWizard (@0xcryptowizard), and angel investor naniXBT (@naniXBT).

The report "2025 Web3 Financing Panorama Interpretation" released by Gate Research Institute shows that the Web3 financing market rebounded strongly in October, completing a total of 130 transactions with a total financing amount of $5.12 billion, a month-on-month increase of 104.8%, marking the second highest level in nearly a year.The financing structure in October was dominated by strategic rounds, accounting for over 70%, driven primarily by the explosion of prediction markets and the accelerated integration of CeFi and TradFi. Among them, Polymarket topped the list with $2 billion in strategic financing, marking a capital highlight moment for the prediction market track; CeFi maintained its expansion momentum through mergers and acquisitions and structured financing, continuously deepening its synergy with the traditional financial system.In terms of tracks, DeFi surged to the top with a total financing of $2.15 billion, reflecting concentrated capital allocation towards innovative financial applications; stablecoin infrastructure also became a focus, with Tempo completing $500 million in Series A financing, further consolidating its strategic position as the underlying layer of Web3 finance.The distribution of financing scale shows characteristics of "mid-to-large dominance, with increasing polarization," with projects in the $3 million to $10 million range being the most active, accounting for over one-third; while small financing below $1 million accounted for only 5.9%, hitting a recent low, indicating that capital's screening criteria for "purely conceptual" projects are becoming increasingly stringent, with funds accelerating towards mature teams and viable solutions that possess long-term competitiveness.Overall, the Web3 financing landscape in October presented three trends: "capital return, structural reshaping, and confidence recovery," as the industry enters a new cycle oriented towards steady growth and actual value creation.

According to Jin10, Barclays strategists expect the Federal Reserve to start purchasing Treasury bills in February next year, after several key Fed officials hinted at expanding the balance sheet. Barclays strategist Samuel Earl stated, "Given the market's focus on repo rates, the Fed is in risk management mode, and an early start to asset purchases seems to be the most likely outcome."

Circle announced the launch of two new products based on its Arc blockchain (which is set to launch its mainnet in 2026): Circle StableFX and Circle Partner Stablecoins.Circle StableFX is an institutional-grade, stablecoin-based foreign exchange (FX) engine that is currently available on the Arc public testnet. It allows institutions to trade selected stablecoin currency pairs 24/7 at competitive prices, reducing counterparty risk and enabling on-chain settlement through an RFQ (Request for Quote) execution method. The Circle Partner Stablecoins initiative aims to support selected regional stablecoin issuers in deploying their non-USD stablecoins on Arc. The first partners include Avenia (BRLA), Busan Digital Asset Custody Services (KRW1), Coins.ph (PHPC), among others, covering multiple currencies such as the Brazilian Real, Korean Won, and Philippine Peso. Circle stated that StableFX, Partner Stablecoins, and Arc together form a unified stack that connects global currencies on-chain, aiming to elevate foreign exchange settlement from T+1 to real-time settlement, promoting more efficient global currency flows.

Bitget Research Institute's Chief Analyst Ryan Lee stated in the latest market outlook that the expansion of stablecoin supply and net inflows into ETFs continue to attract traditional financial capital into the market, becoming a major driving force in the current crypto market. He pointed out that more importantly, this round of capital inflow is showing sustainability rather than speculation, indicating that the market is moving towards a more mature development stage. December will be a key macro window period, as the end of the government shutdown and interest rate adjustment policies will set the tone for the market.In addition, during a recent live broadcast hosted by Bitget, several guests shared their latest judgments on the market. Guest "Wang Bu Ai" stated that the U.S. government shutdown is expected to end in the short term, which will boost market confidence and drive capital back into the market. He noted that the macro trends of this cycle can be referenced against the situation during Trump's first term, where after the government shutdown ended, the U.S. experienced quantitative easing and interest rate cuts by the Federal Reserve, significantly enhancing market liquidity. Given that the midterm elections are approaching next year, Trump will undoubtedly take measures to stimulate the U.S. economy to consolidate his voter base.Guest "Bi Du" pointed out that the recent mismatch in on-chain liquidity has intensified, with the utilization rates of mainstream lending pools generally nearing their limits. In the medium term, investors can moderately allocate to high-quality DeFi protocols that have been unfairly punished. Additionally, attention can be focused on mainstream public chains such as BTC, ETH, and SOL, as well as the short-term rebound potential of popular themes like AI and Memecoins. Overall, the market is still in the "liquidity defense + sentiment game" stage, and a trend-driven market has not yet been established. The current strategic focus should be on maintaining liquidity, avoiding systemic risks, and patiently waiting for trust to be rebuilt and the main trend to be confirmed.Guest "30 Has Retired" believes that from a long-term perspective, the current market is in a stage of transitioning between bull and bear markets. In the short term, the market is still primarily in a rebound trend, mainly driven by the confidence boost from the U.S. government resuming operations and the favorable expectations surrounding the interest rate cut cycle. He added that his common method for trend judgment is to observe changes in the MACD indicator to assess the market direction.

According to Jinshi, the Japanese exchange is studying how to curb the behavior of listed companies hoarding cryptocurrencies.