【比推】Solana链上的Meme币PIPPIN最近逆势拉升，24小时涨幅达到26%，一度冲到4.5亿美元的市值高点，创出历史新纪录。截至目前，市值回落至4.4亿美元左右，币价徘徊在0.44美元附近。
不过得提个醒——Meme币这东西就是跟过山车一样，涨跌都是分钟级别的事。市场情绪和概念炒作撑起的泡沫，说破就破。这类币种本质上没啥实际应用或落地价值，全靠人气和资金博弈在玩。想参与的话，一定要清楚自己在玩什么，控制好风险敞口，别被涨幅吸引就all in。

Bitcoin storage company Nakamoto recently transferred 705 Bitcoins to a loan collateral account at a certain exchange, valued at approximately $60 million, reflecting institutional asset allocation adjustments in the market environment. The company's total collateral assets on the exchange reach 3,717 BTC, indicating that large coin-holding institutions are anticipating market trends and participating in the crypto asset ecosystem.

Bitcoin Bancorp plans to deploy 200 cryptocurrency ATMs in Texas in the first quarter of 2026 as an important step in its U.S. expansion strategy. The choice of Texas is due to its crypto-friendly policies and modern regulations, reflecting the crypto industry's keen awareness of policy differences across regions.

Federal Reserve official Williams stated that a 25 basis point rate cut in the near future is correct, but remains cautious about subsequent policies, emphasizing the need to pay more attention to economic data in order to determine future policy directions, reflecting the Federal Reserve's current stance of not rushing to make a firm decision.

【CryptoWorld】The UK Supreme Court recently dismissed a $13 billion lawsuit filed by BSV investors, upholding the lower court's original ruling. The case centered around the decision by some leading exchanges to delist the token in 2019, with the plaintiffs claiming to have suffered substantial losses as a result.
The court's decision is quite significant. First, it explicitly states that the case does not involve any debatable legal issues — in legal terms, the parties lack sufficient legal grounds. Second, the ruling narrows the scope of the original claims, fundamentally negating the speculative litigation approach based on hypothetical market outcomes.
For exchanges, this is a major positive development. Legal experts generally believe that this precedent strongly indicates a core principle: after delisting an asset, exchanges are not legally responsible for any losses or gains incurred by investors. In other words, exchanges have the right to adjust the listed tokens based on their risk management needs without being liable for .

【Crypto World】The days for AI crypto tokens are not easy. From a peak of $70.4 billion in early December, it has fallen 28% to $30.6 billion, like a roller coaster. Projects like Bittensor (TAO) and NEAR Protocol (NEAR) have dropped even more dramatically, with declines far exceeding the industry average.
But the comparison is even more painful. Nvidia's data center division alone generated $35.6 billion in revenue in Q4 of FY2025 — almost matching the total market cap of the entire AI token ecosystem. Meanwhile, tech giants like Amazon, Microsoft, Alphabet, and Meta spent a combined $380 billion on AI infrastructure in 2025 alone, with plans to continue increasing investments in 2026.
The contrast is brutal. On one side is the speculative, unprofitable story of the crypto token market; on the other side are traditional tech giants.

【ChainNews】The market just experienced a correction, and another piece of bad news has emerged. According to on-chain data tracking, the whale that opened a short position during the flash crash on October 11th has an unrealized loss that has already expanded to $40.21 million.
Specifically, the details of this whale's holdings are quite eye-catching:
- ETH position most affected: 190,000 ETH long positions with an unrealized loss of $32.81 million, accounting for the largest proportion of total unrealized losses
- BTC also not doing well: 1,000 BTC long positions with an unrealized loss of $4.81 million
- SOL following the trend: 250,000 SOL long positions with an unrealized loss of $2.58 million
Combined, these three big positions have resulted in a staggering paper loss. Especially the proportion of unrealized loss in ETH reflects this whale's main betting direction. As the recent market adjustment accelerates, the situation for these large holders is becoming increasingly awkward.
Speaking of which, after the October flash crash, many big players dared to open shorts, but few have persisted until now holding such large positions.

【Blockchain Rhythm】Looking at the latest liquidation data from Coinglass, Bitcoin's price fluctuations have now become the life and death line for leveraged contracts on mainstream CEXs.
The numbers are straightforward: if Bitcoin drops below $86,000, the cumulative long liquidation intensity on major exchanges will soar to 6.62 billion. Conversely, once it breaks above $89,000, the short liquidation intensity is only 2.4 billion—about a quarter of the longs.
This is interesting. The liquidation pressure on longs is significantly heavier, indicating that leveraged long positions are more heavily accumulated in the current market. How fierce could the chain reaction of liquidations be if the price drops?
By the way, let me explain the logic behind the liquidation chart. Those bars are not precise contract quantities or liquidation amounts but rather show the "weight"—or intensity—of each liquidation price segment relative to its surroundings. The taller the bar, the more intense the chain reaction of liquidity at that price level.

【Chain Wen】Big moves are coming. CME has just announced the launch of XRP and SOL futures contracts based on spot prices.
This is no small matter — now XRP and SOL futures can be paired with existing Bitcoin and Ethereum futures. More importantly, these contracts support cross-market trading, allowing investors to hedge or combine trades directly with the four major US stock indices futures: S&P 500, Nasdaq 100, Russell 2000, and Dow Jones Industrial Average.
Traditional futures contracts require periodic rollovers (position transfers), which can be a hassle. The new products are priced directly using spot market terms, enabling investors to trade longer-term contract positions and avoid frequent rollovers. This is a real boon for institutions and professional traders looking to hold futures exposure long-term.
In simple terms, CME’s layout in crypto asset derivatives is becoming increasingly comprehensive. From Bitcoin and Ethereum to now XRP and

【Crypto World】BTC has shown a clear upward momentum in the past 4 hours. Compared to the price at 2025-12-15 00:00:00, the increase is quite significant, and after reaching a high point at 2025-12-15 04:00:00, the price continued to break through previous highs. However, the last candlestick turned into a bearish candle, with the closing price falling below the opening price, which suggests that the bullish momentum may be diminishing.
Trading volume is worth noting. In recent hours, the trading volume has been decreasing, which diverges from the rising price—this is a typical sign of weakening upward momentum. The price is rising while volume is shrinking; caution is advised for the subsequent trend.
The MACD indicator shows that the market lacks a clear trend, but although the histogram remains negative, its width is gradually narrowing, indicating that the bullish forces are quietly strengthening. Regarding the KDJ indicator, no golden or death crosses have appeared, but the KDJ value is only 11, in the oversold area, which usually hints at a potential rebound.
Based

【BiTi】The crypto market welcomes new developments. Zach Witkoff, co-founder of the World Liberty Financial project, announced on social media that a major exchange will gradually list three new trading pairs: DOGE/USD1, SUI/USD1, and XRP/USD1. What does this move signify? In simple terms, the USD1 stablecoin is opening up more trading channels, providing investors with more flexible trading options. Whether you are optimistic about the long-term prospects of Dogecoin, interested in the development of the Sui ecosystem, or tracking market movements of XRP, these trading pairs can meet your needs. More importantly, the global adoption of USD1 is steadily progressing, reflecting increased competition in the stablecoin market and the gradual improvement of the ecosystem. In today's landscape dominated by traditional stablecoins, new participants are vying for market share by enriching trading pairs and expanding liquidity.

【Crypto World】Bitwise has submitted a revised application document for its Hyperliquid ETF to regulatory authorities. This update involves important details such as product terms, fee structure, and the addition of new stock codes. Industry analysts generally believe that such revisions usually indicate that the product is about to be approved and listed. Given the recent acceleration in the approval of crypto asset ETFs, this submission may signal that the Hyperliquid ecosystem has taken another step forward in mainstream financial markets.