Texas Lieutenant Governor Announces Bitcoin Purchase to Build Digital Future Center: Texas Lieutenant Governor Dan Patrick publicly stated that Texas has officially purchased Bitcoin, becoming the first state in U.S. history to buy Bitcoin. He emphasized his support for President Trump and the goal to make Texas the 'center of America's digital future.' It is reported that Texas has previously promoted legislation related to Bitcoin strategic reserves and is the area with the highest concentration of Bitcoin miners in the country.

Texas Small Bank Monet Transitions to Crypto-Focused Bank: Texas community bank Monet (formerly Beal Savings Bank) has officially entered the cryptocurrency loan business, positioning itself as a digital asset 'infrastructure bank.' The bank is owned by a billionaire supporter of Trump, has assets of less than $6 billion, holds a state-chartered license, and is regulated by the FDIC. This year, it has changed its name twice to adapt to its new strategy.

Curve founder's Yield Basis activates fee switch, users can claim 17 BTC: The Yield Basis protocol developed by the founder of Curve Finance activated its fee switch on December 4, directing income to token holders. The accumulated 17 BTC (valued at nearly $1.6 million) since its launch in September can be claimed by eligible users within the next four weeks, having previously been approved by token holders unanimously.

Solana's largest treasury launches self-operated AMM platform BisonFi: The Solana ecosystem holds the largest digital asset pool of SOL, FWDind, officially launches its self-developed AMM platform 'BisonFi'. This news has been confirmed by Multicoin Capital managing partner Kyle Samani, and it will further enrich Solana's decentralized trading ecosystem.

N3XT bank founded by former Signature Bank team raises $72 million: The blockchain bank N3XT, founded by former Signature Bank chairman Scott Shay, has disclosed that it has raised $72 million through three rounds of financing, with participation from Paradigm, Winklevoss Capital, and others. Jeffrey Wallis, the former digital assets strategy director at Signature Bank, has been appointed as CEO, continuing its layout in the crypto finance field.

13.1-year dormant address activated, value of 1,000 BTC rises 7,700 times: On-chain monitoring shows that a Bitcoin address created in 2012 has been activated, containing 1,000 BTC currently valued at about $89.26 million, whereas in 2012 it was worth only $11,500, marking a value increase of over 7,700 times in 13 years.

Polymarket embroiled in controversy over $59 million bet, 'launch' definition sparks dispute: Prediction market Polymarket is facing a dispute over a $59 million bet regarding whether a U.S. version will be launched by the end of 2025. In November, the platform opened a U.S. version to a small group of test users, but the debate continues over whether the 'soft launch' meets the standards of a 'formal launch'. UMA token holders voted to determine that it has 'launched', but many users protested the ruling as unreasonable, and the prize has not yet been distributed. Notably, ICE, the parent company of the New York Stock Exchange, was previously negotiating an investment in Polymarket, its return to the U.S. market being driven by improved regulatory conditions under the Trump administration.

Circle issues an additional 10 billion USDC this month, liquidity continues to expand: According to on-chain monitoring, Circle issued another 500 million USDC an hour ago, bringing the total issuance over the past month to 10 billion, with supply in the stablecoin market continuing to increase to meet ecological demand.

Exodus CEO predicts: Bitcoin will reach $200,000 in 2026: The CEO of publicly listed company Exodus stated in an interview with CNBC that based on current market trends and institutional allocation demands, he predicts the price of Bitcoin will climb to $200,000 by 2026.

U.S. prosecutors recover nearly $1.7 million in crypto fraud funds through civil forfeiture: The U.S. Attorney's Office for the Eastern District of Virginia has recovered 420,000 USDT and 1.24 million BUSD (totaling nearly $1.7 million) through civil asset forfeiture procedures, with these funds originating from a fraudulent crypto investment platform. The fraudsters lured victims to a crypto chat application via text messages and then directed them to a counterfeit platform for investment, with funds currently being returned to the victims.

Economists predict: Federal Reserve to cut interest rates by 25 basis points in December, with two more cuts in 2026: The median response from surveyed economists indicates that the Federal Reserve is expected to cut rates by 25 basis points at the meeting on December 10 to address the downside risks in the labor market, which would be the third rate cut since September. Two more 25 basis point cuts may be implemented starting in March 2026, gradually easing monetary policy.

U.S. stock indices slightly rise, crypto concept stocks lead the decline: The Dow rose by 0.22%, the Nasdaq by 0.31%, and the S&P 500 by 0.19%, with most large tech stocks like Broadcom and Google increasing. Crypto concept stocks performed poorly, with Strive down over 7% and Circle down over 2%. Additionally, the Atlanta Federal Reserve's GDPNow model has lowered the expected GDP growth rate for the U.S. in the third quarter from 3.8% to 3.5%.#加密市场观察