Today's market
BTC price is $86152.75, down 1.73% in the last 24 hours;
ETH price is $2825.13, down 4.26% in the last 24 hours;
BNB price is $841.81, down 3.51% in the last 24 hours;
XRP price is $1.8612, down 3.28% in the last 24 hours;
SOL price is $123.1, down 4.14% in the last 24 hours;
TRX price is $0.2792, down 0.53% in the last 24 hours;
DOGE price is $0.12627, down 4.03% in the last 24 hours;
ADA price is $0.3667, down 4.78% in the last 24 hours.
Policy
Brazilian Securities Exchange B3 will launch its own tokenization platform and stablecoin.
Brazil's main securities exchange B3 plans to launch a tokenization platform and its own stablecoin next year to deepen its presence in the cryptocurrency field. The platform will support asset tokenization and trading, sharing liquidity with traditional markets; the stablecoin pegged to the Brazilian real will serve as a payment and settlement tool. B3 is also expanding its cryptocurrency derivatives business, including weekly options for Bitcoin, Ethereum, and Solana, currently waiting for regulatory approval. The exchange already has cryptocurrency-related products with about 600,000 investors, managing assets totaling $2.4 billion.
U.S. crypto bill makes progress and may be reviewed in January.
According to Coin Bureau's tweet: The U.S. cryptocurrency legislative process is accelerating, with the Senate Banking Committee, representatives from the crypto industry, and traditional financial institutions discussing the crypto bill. Coinbase policy director Kara Calvert stated that following significant progress recently, the legislative process is advancing "like a bulldozer," with the goal of completing the review by January.
India's tokenization bill aims to democratize asset ownership and attract global capital flows.
Indian politician Raghav Chadha called for the formulation of a "tokenization bill" aimed at achieving partial ownership of real estate and infrastructure through digital tokens, thus allowing the middle class to participate in investment. Supporters believe this legislation is a strategic move to prevent capital flight and position India at the forefront of the tokenized asset revolution, aligning with the global trend advocated by companies like BlackRock.
Bhutan commits to invest $1 billion in bitcoin for the Gleyb Mindful City development project.
Bhutan has committed to allocating up to 10,000 bitcoins (worth about $1 billion) from its sovereign digital asset reserves to fund the development of the Gleyb Mindful City (GMC) economic center. King Jigme Khesar Namgyel Wangchuck stated that this move ensures all citizens are stakeholders and beneficiaries. GMC board member Jigme Druk clarified that this batch of bitcoins will be dedicated to the interests of GMC, and strategies such as collateralization and yield generation are currently being considered instead of immediate sale. According to Arkham's data, Bhutan currently holds 5,984 bitcoins. This year, Bhutan further expanded its cryptocurrency integration by designating bitcoin, ethereum, and Binance Coin (BNB) as reserve assets and launched a gold-backed digital token called TER on the Solana platform.
News dynamics.
Warner Bros. supports the acquisition of Netflix, PSKY stocks fall.
Warner Bros. Discovery's board rejected the $108.4 billion acquisition offer from Paramount SkyDance (PSKY), opting instead to support Netflix's $72 billion proposal for its studios and HBO Max. The prerequisite for the deal is that Warner Bros. Discovery will spin off its television network business in the third quarter of 2026. Paramount's $30 per share cash acquisition proposal exceeds Netflix's $27.75 per share cash and stock offer, which will expire on January 8, 2026. Following the announcement, the stock prices of Warner Bros. Discovery and Paramount SkyDance (PSKY) fell, while Netflix (NFLX) stock rose.
Alphabet (GOOGL) and Meta join forces to weaken Nvidia (NVDA)'s software dominance.
Google and Meta are collaborating to enhance the compatibility of Google's AI chips with Meta's PyTorch framework, thereby competing with Nvidia. Google's cloud core—Tensor Processing Unit (TPU) is seen as a potential major revenue growth point, with analysts valuing this AI chip technology at up to $900 billion. A Google Cloud spokesperson emphasized that the demand for TPU and GPU infrastructure is "huge and continuously growing," highlighting the flexibility it offers developers. Wall Street firms maintain a "buy" rating on Google stock (GOOGL) and expect its share price to reach an all-time high.
Coinbase Ventures-backed stablecoin bank has raised concerns similar to Terra UST.
The new bank focused on stablecoins, Kontigo, announced the completion of a $20 million seed round financing, claiming rapid development with an annual revenue of $30 million and a user base of 1 million. The company offers a 10% yield on USDC with no KYC verification, raising questions about past industry failures and doubts about its sustainability and risk management capabilities.
Deutsche Bank has initiated coverage of Coinbase with a "buy" rating.
Deutsche Bank has initiated coverage of Coinbase (COIN) with a "buy" rating and a target price of $340, noting that its stock has approximately 40% upside potential. The bank emphasizes that Coinbase has transformed from a cryptocurrency exchange into a "full-service exchange," expanding into derivatives, tokenized stocks, and prediction markets. Its main growth drivers include the acquisition of Deribit, the launch of regulated U.S. futures, the growth of USDC stablecoin usage, and subscription services. Deutsche Bank expects these new revenue streams to make a significant contribution starting in 2026, freeing Coinbase's revenue sources from reliance on volatile spot trading and supporting more than 20% growth in adjusted EBITDA next year.
Amazon appoints Peter DeSantis, a long-time AWS executive, to lead a new artificial intelligence department.
Amazon CEO Andy Jassy announced that Peter DeSantis, a long-time AWS executive, will lead a brand-new artificial intelligence department responsible for the company's AI models and chip development, such as Nova, as well as quantum computing. DeSantis has served as Senior Vice President at AWS for eight years and will focus on optimizing models, chips, and cloud infrastructure. This move aligns with Amazon's strategy to enter the enterprise AI market, having previously committed to investing $50 billion in U.S. AI infrastructure, with reports indicating negotiations to invest $10 billion in OpenAI.
Project dynamics.
Ripple CEO boldly predicts RLUSD.
Ripple CEO Brad Garlinghouse celebrated on social media that his March prediction came true: RLUSD will become one of the top five USD stablecoins by the end of the year. RLUSD was initially launched at the end of 2024 with a low market cap, but in less than two months, its supply surged by about 45%, reaching a market cap of approximately $1.3 billion by December 2025. Its rapid growth is attributed to proactive regulatory compliance measures, including obtaining a conditional trust charter from the Office of the Comptroller of the Currency (OCC) and a license from the New York State Department of Financial Services (NYDFS), with Bank of New York Mellon (BNY Mellon) as the custodian and Deloitte providing auditing services.
A new address has increased its holdings of 113,000 HYPE and will continue to accumulate approximately $2 million worth of HYPE through a TWAP strategy.
On December 18, according to MLM monitoring, a newly created wallet address minted $12.1 million in USDC on Arbitrum, subsequently deposited $5.1 million into Hyperliquid, and bought 113,000 HYPE (approximately $3 million) and 0.5 BTC (approximately $43,000). Currently, the wallet is continuing to purchase approximately $2 million worth of HYPE through a TWAP strategy over the next 50 minutes, with about $7 million in USDC remaining on the Arbitrum network.
DTCC has begun limited on-chain treasury testing on the Canton network after receiving SEC approval.
DTCC will launch a limited pilot project in the first half of 2026 to tokenize its custody-held U.S. Treasury securities. Previously, the U.S. Securities and Exchange Commission (SEC) had issued a no-action letter. These tokens will be created on the permissioned Canton network through DTCC's ComposerX platform, representing ownership, while the underlying assets will remain on DTCC's centralized ledger. The plan aims to explore the advantages of tokenization while avoiding disruption to existing market infrastructure. Currently, the U.S. Treasury tokenization market has grown to approximately $9 billion.
Person statements.
Putin warns: military liberation of historical lands if dialogue is refused.
According to Bloomberg's tweet: Russian President Putin warned that if the other party and its foreign supporters refuse substantive dialogue, Russia will liberate its historical territories through military means. The U.S. is prepared to impose a new round of sanctions on the Russian energy sector to increase pressure on Putin to reach a peace agreement with Ukraine.
U.S. Treasury Secretary Mnuchin: Hassett is as fit as anyone to serve as Federal Reserve Chair.
U.S. Treasury Secretary Mnuchin stated that any concerns about White House National Economic Council Director Hassett are "ridiculous," and he, like others, is fit to serve as Federal Reserve Chair.
