Binance News

According to BlockBeats, despite the anticipated Federal Reserve rate cut, the main concern is how Chairman Jerome Powell will communicate the outlook for further easing next month. As divisions grow among Fed policymakers between hawkish and dovish stances, Powell faces a challenging task at this week's central bank meeting. Wall Street expects a 'hawkish rate cut,' suggesting Powell may avoid signaling a January rate cut to appease hawkish members after joining the dovish camp this month.

Analysts from Bank of America noted that Powell is dealing with one of the most divided committees in recent years. They believe he will attempt to balance the expected rate cut with a hawkish stance during the press conference, similar to his approach in October. However, Powell has consistently stated that policymakers have no predetermined path, and rate changes will depend on forthcoming data. Bank of America expressed skepticism about Powell's ability to achieve a 'hawkish rate cut' easily, given the significant market-impacting data releases between meetings, some delayed due to a government shutdown.

Similarly, Michael Feroli, Chief U.S. Economist at JPMorgan, expects Powell to emphasize that after this week's rate cut, interest rates will be near neutral levels. Therefore, any additional easing would depend on substantial deterioration in the labor market rather than risk management considerations.

According to ChainCatcher, Harvard University significantly increased its investments in Bitcoin and gold during the third quarter. Bitwise CIO Matt Hougan shared on the X platform that the university raised its Bitcoin holdings from $117 million to $443 million. Additionally, Harvard boosted its allocation in gold ETFs from $102 million to $235 million. The institution opted for a strategy where its Bitcoin investment is twice that of its gold allocation.

According to ChainCatcher, data from Arkham indicates that at 12:00, a total of 1,686 ETH was transferred from an anonymous address starting with 0x3B56 to Bitpoint.

According to ChainCatcher, Arkham data reveals that at 11:43, a total of 34.99999706 BTC was transferred from several anonymous addresses to Cumberland.

According to the announcement from Binance, the platform has achieved full regulatory authorization from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM). This approval allows Binance to operate its global platform under a comprehensive regulatory framework, marking a significant milestone in its commitment to building a trusted and transparent digital asset platform. The transition to a new regulatory structure is set to enhance clarity, oversight, and risk management across Binance's operations.

Starting from 2026-01-06 08:00 (UTC), Binance services will be provided through three ADGM-licensed entities, each with specific roles. Nest Exchange Services Limited will function as a Recognized Investment Exchange, handling all exchange activities, including spot and derivative trading. Nest Clearing and Custody Limited will serve as a Recognized Clearing House, responsible for clearing, settlement, and safeguarding user digital assets. Nest Trading Limited will act as a Broker-Dealer, managing off-exchange activities and principal-based services like OTC trading. This structure mirrors traditional finance regulatory architectures, ensuring precise regulatory permissions for each operational aspect.

To align with this new structure, Binance is updating its contractual arrangements with users. From 2026-01-05, services will be provided by the newly licensed entities, and users' contractual relationships will transition accordingly. The updated Terms of Use and Privacy Notice will take effect on the same date, with users' acceptance confirmed through continued use of the platform. Additionally, Nest Clearing and Custody Limited will manage clearing and custody arrangements for on-exchange derivative transactions.

These changes are primarily regulatory and do not alter the user experience on the platform. Users will continue to access the platform with existing credentials, and balances, order history, and trading functionality will remain unaffected. The products and services will be provided by different Binance regulated entities, ensuring compliance with the new regulatory framework.

According to Cointelegraph, JPMorgan CEO Jamie Dimon has refuted claims that the bank debanks customers based on their religious or political affiliations. In an interview with Fox News' 'Sunday Morning Futures,' Dimon emphasized that while JPMorgan has ceased services for individuals from various backgrounds, political affiliations have never been a determining factor. Devin Nunes, chair of the President’s intelligence advisory board and CEO of Trump Media, has alleged that JPMorgan debanked the company and was among over 400 Trump-linked entities whose banking records were subpoenaed by special counsel Jack Smith. Additionally, Jack Mallers, CEO of Bitcoin Lightning Network payments company Strike, accused JPMorgan of closing his personal accounts without explanation, raising concerns about a potential Operation Chokepoint 2.0. Houston Morgan from ShapeShift shared a similar experience in November.

Dimon firmly stated that JPMorgan does not debank individuals due to their political or religious affiliations. He clarified that while the bank has debanked people with various affiliations, it was never for those reasons. Dimon expressed his desire to change debanking rules, noting that crypto firms have faced account closures and service denials for years, which many believe are part of efforts to suppress the digital assets sector. Dimon criticized the current debanking rules and expressed support for the Trump administration's efforts to change them, stating he has advocated for rule changes for 15 years. He described the current system as customer unfriendly, with debanking occurring due to suspected activities or negative media.

In August, U.S. President Donald Trump signed an executive order directing banking regulators to investigate debanking claims from the crypto sector and conservatives. Dimon mentioned that banks are required to share information with the government when subpoenaed, but JPMorgan has made recommendations to reduce reporting and debanking instances. He emphasized that the bank does not provide information to the government without a subpoena and has complied with subpoenas across multiple administrations. Dimon criticized the government's actions that frustrate banks and called for solutions rather than assigning blame. He noted that both Democratic and Republican governments have pressured banks, urging an end to the militarization of government actions against financial institutions.

According to PANews, the latest national security strategy released by U.S. President Donald Trump's administration does not mention cryptocurrencies or blockchain technology. The strategy, unveiled last Friday, outlines the administration's priorities, emphasizing that the United States' 'core, vital national interests' are centered around artificial intelligence and quantum computing.

According to PANews, data from SoSoValue indicates that XRP spot ETFs experienced a net inflow of $231 million during the trading week from December 1 to December 5. The Grayscale XRP ETF (GXRP) led the inflows with $140 million, bringing its historical total net inflow to $212 million. The Franklin XRP ETF (XRPZ) followed with a weekly net inflow of $49.29 million, reaching a historical total net inflow of $135 million.

As of the latest report, the total net asset value of XRP spot ETFs stands at $861 million, with an ETF net asset ratio of 0.71% compared to Bitcoin's total market value. The cumulative historical net inflow for XRP spot ETFs has reached $897 million.

According to Cointelegraph, Ethereum co-founder Vitalik Buterin has proposed the creation of an onchain futures market for gas fees, aiming to provide users with certainty over transaction costs as the network's adoption grows. In a post on X, Buterin emphasized the need for a "good trustless onchain gas futures market," responding to inquiries about the reliability of low gas fees through current price reduction strategies in Ethereum's roadmap.

Buterin suggested that one solution to address fee uncertainty is to allow users to lock in prices for specific future periods. He highlighted the potential for a market focused on Ethereum Base fees, which are integral to overall gas fees. In traditional futures markets, contracts are offered to buy or sell assets at a predetermined future price, enabling speculation on price changes and risk hedging. Similarly, an Ethereum gas futures market would offer set prices for future time windows, potentially allowing network users to save on future price spikes.

A well-established futures market could serve as a crucial metric for the ecosystem, facilitating speculation, planning, and development. "An onchain gas futures market would help solve this: people would get a clear signal of people’s expectations of future gas fees, and would even be able to hedge against future gas prices, effectively prepaying for any specific quantity of gas in a specific time interval," Buterin stated. Such a prediction market would be invaluable for users with high network volume, including traders, builders, applications, and institutions, who need certainty in projecting operational costs.

The proposal comes amid declining Ethereum gas fees throughout 2025. Currently, average gas fees for basic transactions are approximately 0.474 gwei, or $0.01, according to Etherscan data. However, more complex transactions like token swaps, NFT sales, and asset bridging have average costs of around $0.16, $0.27, and $0.05, respectively. Despite the overall decline in Ethereum transaction fees in 2025, average costs have experienced significant fluctuations, with spikes and crashes. Data from Ycharts indicates that the average fee began the year at $1, dropping to $0.30, with surges up to $2.60 and dips as low as $0.18.

According to ChainCatcher, Securitize co-founder and CEO Carlos Domingo has highlighted that accessibility is not the sole driver behind the wave of asset tokenization. Contrary to the belief that tokenization could enhance the liquidity of traditionally illiquid assets, Domingo points out that digital assets, whether they represent equity in apartment buildings or tokenized Pokémon cards, inherit the liquidity limitations of their physical counterparts. This implies that selling these assets quickly without incurring significant losses may be challenging.

Domingo further noted that as tokenization technology evolves, this dynamic might eventually change. However, the current focus remains on assets that can enhance existing liquidity, such as cash and U.S. Treasury bonds. The trend is moving away from illiquid markets, with the most successful tokenized assets being those like the U.S. dollar, as evidenced by the growth of stablecoins.

According to BlockBeats, there is speculation that the Bank of Japan may raise interest rates this month, yet market participants continue to bet on the yen's weakness. Traders from Bank of America, Nomura Holdings, and RBC Capital Markets indicate that investor positions reflect this sentiment. Citigroup's "pain index" for the yen remains in negative territory, highlighting ongoing negative sentiment towards the currency. Despite Bank of Japan Governor Kazuo Ueda hinting at a possible rate hike and reports suggesting the central bank is prepared to act if the economy or financial markets remain stable, investors maintain a bearish outlook on the yen. This is attributed to the expectation that Japan's yields will remain significantly lower than those in the U.S., favoring the dollar.

Ivan Stamenkovic, Head of G-10 Currency Trading for Asia-Pacific at Bank of America, stated, "Positions still favor a rise in USD/JPY by year-end unless the Bank of Japan delivers a genuine surprise." He added that Ueda's hawkish remarks have sparked discussions about the currency pair, but there has been no substantial shift in market sentiment.

According to ChainCatcher, French President Emmanuel Macron has expressed concerns over the increasingly relaxed regulatory environment for cryptocurrencies in the United States, warning that it could lead to financial instability. Macron highlighted the potential global risk spillover, noting that stablecoins are often backed by U.S. dollar assets. He also urged the European Central Bank (ECB) to reform its monetary policy to address emerging financial risks.

According to BlockBeats, despite the market's anticipation of another interest rate cut by the Federal Reserve, which has driven U.S. stocks close to historical highs, the real catalyst for the bull market in stocks and other risk assets may not be interest rates. The key factor could be how the Federal Reserve manages its substantial balance sheet and whether it injects new liquidity into the market.

Last Friday, the global rates strategy team at Bank of America expressed their expectation that the Federal Reserve will announce this week a plan to purchase Treasury bills with maturities of one year or less at a monthly pace of $45 billion starting in January, as part of its "reserve management operations."

Others believe that more time might be needed and that the Federal Reserve may not need to take extensive actions to keep the market running smoothly. Roger Hallam, global head of rates at Vanguard Fixed Income Group, anticipates that the Federal Reserve will begin purchasing Treasury bills at a monthly rate of $15 billion to $20 billion by the end of the first quarter or early second quarter next year.

Kelly from PineBridge expects the Federal Reserve to cut interest rates by 25 basis points on December 10, bringing the policy rate to a range of 3.5%-3.75%, moving closer to the historical neutral rate of around 3% aimed at maintaining economic stability.

According to ChainCatcher, court documents reveal that the Canada Revenue Agency (CRA) has collected over 100 million Canadian dollars through crypto-related audits over the past three years. Despite this, no criminal charges have been filed since 2020, highlighting structural limitations in the country's enforcement capabilities.

The report notes that the CRA has a dedicated team of 35 crypto auditors who have handled more than 230 cases. It is estimated that approximately 40% of taxpayers using crypto platforms have either not declared their taxes or pose a high compliance risk. However, the agency's chief crypto auditor admitted in an affidavit that the CRA finds it challenging to reliably identify taxpayers in the crypto sector and assess their compliance with income tax obligations.

Additionally, the report states that the CRA has obtained court orders to request data from Dapper Labs, the NFT company behind NBA Top Shot and CryptoKitties, for 2,500 users. Initially, the CRA sought information on Dapper's top 18,000 users but narrowed the scope to 2,500 after negotiations with company executives and lawyers. The CRA filed the application with the Canadian Federal Court in September, marking the second time the court has required a Canadian crypto company to disclose such information. A similar order was issued in 2020 to Toronto-based exchange Coinsquare.

Key TakeawaysBitcoin price consolidation near $91K with mixed technical signalsMacro uncertainty builds ahead of the Federal Reserve meetingTraders monitor $92,387 30-day SMA and $89K support for directionBitcoin Rebounds As ETF Inflows ReturnBitcoin hovered near $91,000 after recovering from a dip toward the mid-$80,000s earlier in the week. The latest catalyst was a surge in U.S. spot Bitcoin ETF demand. Funds recorded $54.79M in inflows on December 5, reversing significant prior outflows and signaling improving institutional confidence.ARK Invest’s ARKB led with $88M in inflows, even as other issuers saw rotation. The return of ETF engagement added support to short-term bullish momentum, helping BTC reclaim key averages.Spot exchange activity, however, continued to cool, contributing to a narrow trading range near the $90K–$92K zone. Technical Picture Shows Mixed MomentumThe technical indicators reveal a mix of strength and caution.Source: TradingViewEMA (10): 90,481 and SMA (10): 90,454 – both supportive of short-term stabilitySMA (20): 89,370 – remains a firm nearby floorSMA (30): 92,387 – immediate resistance and a key marker for broader trend improvementLonger-term averages such as the SMA (100): 106,506 and SMA (200): 109,093 continue to lean defensiveOscillators show balanced conditions: RSI at 46, Stochastic at 62, and Momentum at 224 indicating mild upward interest. The MACD level at −2,051, though still negative, aligns with recent signs of stabilizing market structure. Macro Landscape: Rate Cut Expectations In FocusMarket attention has tightened around the December Federal Reserve meeting, to begin tomorrow. Traders priced a very high probability of a 0.25% rate cut, fueling expectations of increased dollar liquidity.A softer policy stance could strengthen the digital asset narrative, though Bitcoin’s −11.43% 30-day performance reflects lingering uncertainty.Prediction platforms show a split among traders: some expect year-end prices near $80K, others eye $95K, while a smaller group targets $100K sometime before 2026. This reflects low-confidence positioning ahead of major macro announcements. Analyst Insights Shape Forward LevelsVeteran analyst Peter Brandt highlighted a broadening formation, suggesting potential rotation rather than a breakout. He monitors $80,200 as a crucial support, with a deeper marker near $58,800 if broader selling pressure re-emerges.Other analysts focus on $89,000 as a stability zone. Reclaiming and holding above that level has remained important for maintaining constructive market sentiment. A move through the 30-day SMA at 92,387 would mark a stronger shift in trajectory. Market Outlook: What to Watch Amid FOMC CatalystBitcoin’s near-term path likely comes down to:Whether ETF inflows remain steadyHow the FOMC frames 2025 policyWhether BTC can break above $92,387 or risks a slump back toward $89K

On Dec 08, 2025, 01:57 AM(UTC). According to Binance Market Data, Bitcoin has dropped below 91,000 USDT and is now trading at 90,859.28125 USDT, with a narrowed narrowed 1.70% increase in 24 hours.

On Dec 08, 2025, 01:25 AM(UTC). According to Binance Market Data, BNB has crossed the 900 USDT benchmark and is now trading at 900.080017 USDT, with a narrowed 0.75% increase in 24 hours.

According to PANews, digital asset treasury (DAT) companies listed in the United States and Canada have seen their stock prices drop by a median of 43% this year, contrasting with Bitcoin's approximate 6% decline since the beginning of the year. SharpLink, an Ethereum treasury company, has experienced an 86% decrease in its stock value from its peak, with its market capitalization now lower than the value of its digital token holdings. The company's stock is currently valued at about 0.9 times its Ethereum holdings. SharpLink previously shifted from its gaming business to issuing stock and purchasing Ethereum, causing its stock to surge over 2600% within days. However, compared to Greenlane, SharpLink remains relatively fortunate; Greenlane's stock has plummeted over 99% this year despite holding approximately $48 million in BERA crypto tokens. Additionally, Alt5 Sigma, a DAT company once supported by U.S. President Donald Trump's two sons, has seen its stock fall about 86% since its peak in June.

Some DAT companies have managed to maintain a market capitalization above their underlying holdings' value, but most investors who bought near peak levels have incurred losses, with 70% of company stocks likely to end the year below their initial levels. The worst performers are those that avoided Bitcoin in favor of smaller, more volatile tokens. The volatility of these stocks is partly attributed to companies borrowing heavily to acquire cryptocurrencies. Meanwhile, lesser-known small DAT companies face dwindling opportunities to raise funds as cryptocurrency prices decline and investor enthusiasm wanes.

According to PANews, Japanese publicly traded company Metaplanet has not increased its Bitcoin holdings since September 30. The company's Bitcoin reserves remain at 30,823 units.

According to BlockBeats, a report from CICC suggests that if Hassett becomes the new Federal Reserve Chair, U.S. Treasury rates and the dollar may initially decline before rising, which could be beneficial for U.S. stocks overall.

The timeline indicates that U.S. President Donald Trump will announce the new chair nomination in early 2026. Hassett would first need to be nominated as a Federal Reserve governor and confirmed by the Senate, followed by a nomination for chair and another confirmation. He could officially take over after the current chair, Powell, completes his term in May 2026, potentially leading the June FOMC meeting.

The first quarter of next year is crucial for market expectations following the new chair nomination. If Hassett's stance is overly dovish, there is a possibility of U.S. Treasury rates and the dollar temporarily declining beyond expectations. However, as long as this does not significantly breach concerns over "loss of independence," expectations combined with U.S. economic recovery could lead to an upward trend in Treasury rates and the dollar.