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According to ChainCatcher, data from Coinglass reveals that the crypto market saw liquidations totaling $182 million over the past 24 hours. Of this amount, long positions accounted for $121 million, while short positions made up $60.35 million.

According to BlockBeats, Caroline Pham, the former acting chair of the U.S. Commodity Futures Trading Commission (CFTC), has joined the cryptocurrency payment company MoonPay. Pham will serve as the Chief Legal Officer and Chief Administrative Officer at MoonPay, as reported by FOX Business journalist Eleanor Terrett.

According to Odaily, the U.S. stock market will close early on Wednesday, December 25, at 02:00 UTC+8, and remain closed on Thursday due to the Christmas holiday. Trading for CME's precious metals, energy, forex, and stock index futures contracts, as well as ICE's Brent crude oil futures contracts, will also end early today. Additionally, U.S. President Donald Trump has signed an executive order granting federal government agencies a three-day holiday from December 24 to December 26. As a result, the U.S. Energy Information Administration (EIA) has postponed the release of its weekly crude oil and natural gas inventory data. The new release dates are set for December 29 at 23:30 UTC+8 for crude oil and December 30 at 01:00 UTC+8 for natural gas.

According to Odaily, the European Union's latest digital asset tax transparency legislation came into effect on January 1. This law aims to extend the EU's longstanding framework for administrative cooperation in tax matters to include crypto assets and related service providers. It mandates that crypto asset service providers, including exchanges and brokers, collect and report detailed user and transaction information to national tax authorities.

On Dec 24, 2025, 14:38 PM(UTC). According to Binance Market Data, Ethereum has dropped below 2,900 USDT and is now trading at 2,891.75 USDT, with a narrowed 1.41% decrease in 24 hours.

On Dec 24, 2025, 14:36 PM(UTC). According to Binance Market Data, Bitcoin has dropped below 87,000 USDT and is now trading at 86,921.148438 USDT, with a narrowed 0.74% decrease in 24 hours.

According to Odaily, recent monitoring by Lookonchain reveals notable movements in cryptocurrency ETFs. Today, the U.S. Bitcoin ETF experienced a net outflow of 2,873 BTC, while over the past seven days, the net outflow totaled 2,248 BTC. In contrast, the Ethereum ETF saw a net inflow of 13,500 ETH today, despite a seven-day net outflow of 54,491 ETH. Meanwhile, the Solana ETF recorded a net inflow of 36,772 SOL today, contributing to a seven-day net inflow of 337,249 SOL.

According to Odaily, OpenAI is exploring the possibility of incorporating advertisements into ChatGPT. A source familiar with the matter revealed that OpenAI employees are examining key details, including how to adjust the AI model to prioritize sponsored information in responses when users ask relevant questions. This could result in sponsored product ads appearing in ChatGPT's replies to specific inquiries.

According to BlockBeats, Ethereum founder Vitalik Buterin expressed on social media that the notion 'Bugs are inevitable, and you cannot write bug-free code' may no longer hold true in the 2030s. He acknowledged that many software applications will continue to have bugs due to the prioritization of functionality over absolute correctness in their use cases. However, he suggested that achieving bug-free code will be possible for those who truly aim for it.

According to BlockBeats, the number of initial jobless claims in the United States for the week ending December 20 was reported at 214,000, which is lower than the anticipated 224,000.

On Dec 24, 2025, 12:55 PM(UTC). According to Binance Market Data, BNB has crossed the 840 USDT benchmark and is now trading at 840.320007 USDT, with a narrowed narrowed 1.21% decrease in 24 hours.

According to BlockBeats, BlackRock strategists Amanda Lynam and Dominique Bly have indicated in a report that the Federal Reserve is anticipated to implement only limited rate cuts in 2026. With a cumulative reduction of 175 basis points in the current cycle, the Federal Reserve is nearing a neutral interest rate level. Further rate cuts in 2026 are expected to be quite limited unless there is a significant deterioration in the labor market. Data from LSEG suggests that the market currently anticipates two rate cuts by the Federal Reserve in 2026.

According to BlockBeats, data from Coinglass reveals that current funding rates across major centralized and decentralized exchanges indicate a continued bearish sentiment in the market. The funding rates for mainstream cryptocurrencies are detailed in the accompanying chart. Funding rates are a mechanism used by cryptocurrency trading platforms to maintain the balance between contract prices and the prices of underlying assets, typically applied to perpetual contracts. This rate facilitates the exchange of funds between long and short traders, without the trading platform charging a fee. It serves to adjust the cost or profit of holding contracts, ensuring that contract prices remain close to the asset prices. A funding rate of 0.01% signifies a baseline rate. When the funding rate exceeds 0.01%, it indicates a generally bullish market sentiment. Conversely, a funding rate below 0.005% suggests a bearish outlook in the market.

According to ChainCatcher, Arkham data reveals that at 19:51, a total of 99,999.99 QNT tokens were transferred from Elwood to an anonymous address beginning with 0x7513. The transaction involved a substantial amount of QNT tokens.

According to Odaily, Barclays economists have indicated that the U.S. Federal Reserve is likely to interpret the unexpected acceleration in the third-quarter GDP as a sign of strong underlying demand. While volatile components like net exports may have exaggerated overall growth, the continued expansion of consumer spending demonstrates fundamental resilience. Economists noted that despite fluctuations in economic performance in the first half of 2025, total demand had gained significant momentum by the end of the year. Consequently, Barclays has slightly raised its forecast for the year-on-year GDP growth rate in the fourth quarter by approximately 0.3 percentage points, bringing it to 2.0%.

According to ChainCatcher, Etherscan revealed data on the X platform indicating that Ethereum Layer 1 processed 1,913,481 transactions on December 23, setting a new record for the highest single-day transaction volume in 2025. The average transaction fee was $0.16.

According to Odaily, Jake, the head of Wintermute OTC, shared insights on the X platform regarding the behavior of most traders. He noted that many traders naturally become trend followers, particularly those driven by profit. Currently, Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) are trading below their respective moving averages, which has led short-term speculators to lose interest in these cryptocurrencies. However, Jake pointed out that the opposite scenario is also true: once these cryptocurrencies rise above key moving averages, funds are likely to flow back systematically, and market momentum is expected to recover.

According to PANews, data from CryptoQuant indicates a decline in DeFi leverage since August, as risk appetite has decreased alongside falling prices. Aave's lending volume has dropped by approximately 70%. However, on the Nexo platform, lending volume rebounded by 155% during the downturn. Users are opting to borrow against collateral rather than sell.

According to Foresight News, the UK Financial Conduct Authority (FCA) has granted approval to Avian Labs' crypto payment application, Sling Money, to offer crypto services in the UK. This approval positions Sling Money as one of the crypto payment companies supported by major regulatory jurisdictions. Currently, the application is in a closed testing phase in the UK, having previously secured regulatory approval in the Netherlands and the United States.

According to BlockBeats, analyst @alicharts has identified a consistent pattern in Bitcoin's historical cycles, both in terms of time and depth. The analysis reveals that it typically takes about 1,064 days for Bitcoin to move from a market bottom to a peak. Conversely, the decline from a peak to the next bottom generally spans approximately 364 days. Based on this pattern, @alicharts suggests that Bitcoin is currently within a 364-day adjustment period. This indicates that the next potential bottom could occur around October 2026, with a projected bottom price of approximately $37,500.