🧵【Crypto Prince Daily News】2025.12.12
Good morning, brothers! The crypto market has seen fluctuations overnight, with BTC briefly surging after the Federal Reserve's rate cut before retreating. It is currently hovering around $92K, with a total market cap of ~3.2T. Overall sentiment is cautious, with favorable regulations and macro uncertainties coexisting. Let's review today's key news👇
1/ 🔥 Do Kwon's Major Ruling
Do Kwon, the mastermind behind the TerraUSD crash, has been sentenced to 15 years in prison, involved in a $40 billion crash case. LUNA fell over 11% in the last 24 hours, and the regulatory alarm for stablecoins has sounded again. However, this can also be seen as settling old accounts, which is beneficial for compliant projects like USDC.
2/ 💼 Federal Reserve's Rate Cut “Selling the Fact”
The Federal Reserve cut rates by 25bp as expected, but Chairman Powell's hawkish statements (the dot plot indicates a slowdown in future rate cuts) caused BTC to drop from over 94K to below 90K, before rebounding to 92-93K. Market concerns over the AI bubble and liquidity tightening have intensified short-term volatility. The probability of maintaining rates in January is over 75%.
3/ 🏦 Frequent Institutional Actions
- JPMorgan issued the first tokenized bond on Solana, with purchases from institutions like Coinbase. The SOL ecosystem is booming, up 2.6% in 24 hours.
- The SEC approved DTCC's pilot for tokenized stocks/bonds, bringing traditional securities on-chain, potentially channeling trillions in liquidity.
- Hex Trust issued wXRP, expanding XRP DeFi applications, with TVL exceeding $100 million.
4/ 📈 ETF & Regulatory Favor
- There are 124 crypto ETFs filed in the U.S., with 21Shares launching an XRP ETF.
- FSOC removed crypto as a financial risk warning, and the CFTC withdrew old guidance, signaling a warming regulatory environment.
- The SEC's crypto working group will hold a roundtable on December 15, with the market structure bill “about to pass.”
5/ 🌟 Other Hot Topics
- YouTube allows U.S. creators to receive PYUSD stablecoin payments, accelerating the fusion of the creator economy and crypto.
- Bhutan is launching the Solana-backed sovereign token TER on December 17.
- Coinbase has enabled full DEX trading on Solana, no review required.
- The trend of corporate Bitcoin treasury is cooling, with new company purchases down 83%.
Market Outlook: In the short term, BTC is under pressure from the Federal Reserve and AI concerns, with resistance at 94K and support at 89K. The long-term narrative remains focused on regulatory easing and institutional entry; the foundation for a bull market is unchanged. It is advisable to pay attention to subsequent signals from the Federal Reserve, DYOR, and manage your positions!
What do you think? Can BTC break $100,000? Let's discuss in the comments 🚀
#CryptoPrince #CryptoNews #Bitcoin #Crypto
(Source: Online information for reference only, not investment advice)🧵 End
