Latest news: X has terminated the European Commission's advertising account due to its exploitation of loopholes to "artificially enhance its influence". $BTC
According to exclusive reports from Reuters, China's major state-owned banks have been actively purchasing dollars in the onshore spot market this week and holding them, in an effort to curb the rapid appreciation of the renminbi—one of the strongest intervention actions since 2022. This news was released on December 4, 2025.
Japan's 30-year government bond yield surges to 3.42%, a historic high!
This is not just a matter for Japan; it's a major earthquake in the global market.
Why is it important? • Japan ends the "ultra-low interest rate era" • Global funds begin to withdraw from risk assets • Yen appreciation → Carry trades forced to close • Risk assets (US stocks, cryptocurrencies) face short-term pressure • Altcoins are more dangerous, while BTC remains more stable • In the long term, high interest rates + global debt pressure = a super positive for Bitcoin
In one sentence: The short term is volatile, but the long term is a great era for Bitcoin. $BTC
If the Federal Reserve cuts interest rates in December while the Bank of Japan raises rates, the interest rate differential between the US and Japan will quickly narrow.
A stronger yen and a weaker dollar will suddenly make the arbitrage trades that have relied on the "cheap yen" for years become expensive, significantly increasing carrying costs.
This will force investors to close their positions: sell assets and cover yen positions.
Japan has long been the easiest source of cheap funding globally, but it may now become the trigger point for global volatility.
The last time yen carry trades unwound on a large scale, Bitcoin formed a significant bottom against the backdrop of liquidity being pulled from risk assets.
Vanguard has added BlackRock's spot Bitcoin ETF (IBIT) to its tradable list.
Vanguard's clients can now buy BlackRock's Bitcoin ETF on Vanguard's platform.
Previously, Vanguard prohibited clients from purchasing any Bitcoin ETF (they believed that cryptocurrencies were too volatile and did not align with the "long-term value investment" philosophy).
Now they have changed their policy, adding IBIT to the tradable list, meaning: • Vanguard users can buy IBIT like they buy stocks • Bitcoin ETF trading is no longer prohibited • The platform will start supporting trading tomorrow
Eric Balchunas stated that BTC surged about 6% on the first trading day after the Vanguard Group lifted the ETF ban, and pointed out that IBIT's trading volume reached 1 billion dollars in the first 30 minutes.
A 40-year-old Kenyan man claims to be Elon Musk's 'first son', stating that his mother met Musk in Kenya in the early 1990s, and he is now seeking a DNA test. $BTC
MicroStrategy founder Michael Saylor tweeted that he purchased 130 bitcoins for approximately $11.7 million, with an average purchase price of about $89,960 per coin.
As of November 30, 2025, MicroStrategy holds a total of 650,000 bitcoins, with a total cost of approximately $48.38 billion and an average purchase price of about $74,436 per coin.