Midnight (NIGHT) privacy network has recently opened trading, with trading volume and market capitalization exceeding $1 billion within 24 hours, and the quote is approximately $0.069. Its trading volume surpasses XRP, demonstrating strong market enthusiasm. This performance reinforces Cardano's multi-chain ecosystem expansion and drives its transition toward a broader infrastructure.

The market remains cautious about Bitcoin's year-end performance, with approximately a 25% chance of returning to $100,000, and only a 4% chance of surpassing $110,000. At the same time, the risk of Bitcoin falling below $80,000 is assessed at 22%, indicating a complex battle between bulls and bears.

Recently, the competition for talent in the AI industry has intensified. OpenAI has adjusted its employee stock policies to respond to increased competition. Major technology and blockchain companies are raising compensation and relaxing resignation restrictions to attract top talent. This change reflects the importance of outstanding employees to the rapid development of the industry.

Moonbirds parent company CEO Spencer announced that the long-awaited BIRK token will be launched on the Solana network in the first quarter of 2026. This marks a further exploration of Moonbirds in Web3 assetization, with specific tokenomics and details to be announced later.

Hong Kong's support for Web3 continues to strengthen, stablecoin development remains steady, and regulatory preparations are gradually advancing. In the future, it will adapt to international standards and integrate into the local financial ecosystem. RWA on-chain is regarded as a key area, driving innovation and compliance. Developer enthusiasm is rising, related companies are increasing, and talent cultivation will become a focus of development.

El Salvador has recently increased its Bitcoin holdings again, adding 8 more in the past week, bringing the total to over 7,500 coins, worth approximately $678 million. As the first country to adopt Bitcoin as legal tender, El Salvador's accumulation behavior has attracted market attention and signals a long-term positive outlook.

The U.S. Securities and Exchange Commission has issued guidelines on cryptocurrency wallets and custody, emphasizing best practices and risks for self-custody and third-party custody. The guidelines remind investors to pay attention to custodial institutions' policies and asset mixing issues, as well as the advantages and disadvantages of hot wallets and cold wallets, encouraging understanding of storage methods to make appropriate choices.

Tether's proposal to acquire the Italian football club Juventus was rejected by the Agnelli family's holding company EXOR, which reiterated that it would not sell the club. The acquisition proposal included increasing the minority stake to 100%, but was not approved, reflecting Tether's expansion intentions in the sports industry.

Renowned investor Huang Licheng's ETH holdings are under pressure, currently with a floating loss of over $300,000, and the loss continues to widen. Over the past month, the total loss has reached $6.31 million. The large holding size has drawn market attention due to fluctuations.

DOGE's recent price has increased, but trading volume has significantly decreased, indicating that upward momentum may be weakening. On the technical indicators, MACD shows no clear trend signal, and KDJ is in oversold territory. Regarding key price levels, bullish and bearish strategies are clearly defined. The current fluctuation range is between 0.1331 and 0.1509. Pay attention to trading volume changes to confirm the subsequent trend.

【区块律动】最近24小时以太坊在各大交易所的流向变化显示出有趣的分化。数据显示，CEX平台累计净流出6.93万枚ETH。其中流出最多的三家交易所分别是某主流交易所（7.29万枚）、Gate（265.93枚）以及Gemini（25.75枚）。
不过值得注意的是，并非所有交易所都在出现流出。某头部交易所逆势吸金，12小时内净流入2031.03枚ETH，成为唯一跻身流入榜首的平台。这种分化现象往往反映了市场参与者对不同平台的风险偏好和交易策略的调整。

RaveDAO's RAVE token focuses on live concerts and quickly attracted investments due to celebrity effects, but faces stability issues after the hype subsides. Bitcoin Hyper, on the other hand, markets itself as the first Bitcoin Layer-2 solution, promising high returns, but its actual feasibility still needs market verification.

The leading stablecoin company is performing strongly in the payments sector, with weekly small transfers reaching $500 million, driving growth in retail and cross-border payments. The company plans to raise $20 billion in funding, with a valuation of $500 billion, while expanding into diversified industries including sports, AI, and gold reserves, aiming to build an asset empire.

【币界】XRP最近在年内低位附近反复震荡，但有意思的是，大户的购买力在悄悄增强。从现货交易成交量的CVD指标看，买盘已经扭转了此前的劣势，开始重新占据主动——这说明市场底部的需求真实存在，并非虚言。
关键支撑就摆在2美元。这道坎很关键，一旦守不住，XRP可能直接跌向1.80-1.90美元的区间。短期技术面确实不太乐观，但别忽视一个细节：大户们在这个位置越来越活跃。他们的交易行为往往能帮我们嗅到价格是否真的找到了底部。从这个角度看，底部构建的迹象正在慢慢浮现。

The latest data shows that the contract markets on mainstream exchanges are displaying a trend of "bullish retreat," and the funding rate indicates that the market is leaning towards bears. When the funding rate falls below 0.005%, it suggests that the bullish momentum is weakening. Currently, mainstream cryptocurrencies are generally in a bearish mode, with bears dominating.

【Block Rhythm】On December 13, a leading exchange disclosed a major market manipulation incident on social media. The exchange found conclusive evidence indicating that multiple related and colluding accounts employed a carefully crafted scheme: holding large amounts of OM tokens as collateral, borrowing大量USDT, and using leverage to artificially inflate the price of OM.
The risk team promptly detected these abnormal trading signals. The exchange proactively contacted the involved accounts, requesting them to correct the violations, but was refused. To prevent further risk escalation, the platform then implemented strict risk management measures against these accounts. What happened next was unexpected—the price of OM experienced a sharp crash.
It is worth noting that during this incident, the exchange only liquidated a minimal portion of OM collateral, and the significant losses caused by the price plunge were ultimately fully covered by the platform's safety fund. Third-party analysis machine

December 13, Citadel Securities submitted a letter to the SEC advocating for increased regulation of DeFi, sparking a industry backlash. The DeFi community opposed, believing Citadel's stance serves its own interests. The controversy reflects the divide between traditional finance and Web3 innovation, which could impact the future development of DeFi.

【Blockchain Rhythm】Will the tokenization of real-world assets immediately bring explosive growth to the cryptocurrency market? I'm afraid not. But if these assets can be better integrated with blockchain networks, their potential will gradually be unleashed.
Public blockchains like Ethereum initially generate modest returns, but as the accessibility, interoperability, and composability of tokenized assets improve, the value of the network will rise accordingly. In the early stages, transaction fee income is the main driving force, and as trading volume increases, blockchains that support these assets can also benefit from the growing network effects derived from storage demands.
However, the true tipping point lies in the deep integration of tokenized assets with the DeFi ecosystem. Imagine real-world assets becoming collateral for decentralized lending platforms, lendable assets, or trading instruments—this indeed changes the game. But to realize all of this, we need to wait for technological breakthroughs, infrastructure improvements, and mature regulatory frameworks. This is not a matter of one or two years.
Difficult

A recent transfer of 1,232 Bitcoins has attracted attention, amounting to approximately $111.3 million. Such large transfers often indicate institutional rebalancing or major wallet adjustments, while changes in liquidity between unknown wallets require further data to verify, helping traders understand market dynamics.