XXYY

🔎 On-chain Evidence: Ethereum's Average Daily Network Fees Drop to Long-term Lows

According to Glassnode data, since the beginning of November, Ethereum's daily total payment fees (90-day moving average) have fallen below 300 ETH/day, reaching a new low not seen since July 2017.

This means lower costs for users' on-chain activities;

For the ecosystem, does it indicate a decline in overall activity such as dApp/contract calls?

For prices, this "liquidity vs cost" trend is worth monitoring.

#Ethereum #ETH #OnChainData

According to Whale Alert monitoring, Tether issued 1 billion USDT on the TRON network at 21:05 Beijing time.

XXYY.cc Evening Report | December 8th 12:00–21:00
Keywords: Ripple · BlackRock · AllScale · Harvard University

1️⃣
The US SEC concludes a two-year investigation into Ondo

Regulatory pressure has eased significantly, allowing Ondo to continue expanding around RWA and on-chain liquidity products, alleviating previous market concerns regarding its compliance aspects.

2️⃣
Ripple completes approximately $500 million secondary market share sale

This sale further enhances liquidity and helps advance its cross-border payment and tokenized asset-related businesses, also indicating strong institutional demand for Ripple equity.

3️⃣
BlackRock submits application for iShares Ethereum Trust ETF

If approved, this will become the first “stakable ETH” category ETF in the US, providing institutions with a non-custodial staking channel, which could change the ETH market structure.

4️⃣
CoinShares: Last week, net inflow into digital asset investment products was $716 million

Strong capital inflows have been recorded for several weeks, with mainstream assets such as BTC, ETH, and SOL showing stable net buying, reflecting a significant recovery in institutional risk appetite.

5️⃣
Stablecoin digital bank AllScale completes $5 million seed round financing, led by YZi Labs

AllScale is committed to a “chain-native stablecoin bank” model, and this round of financing will strengthen its clearing, risk control, and compliance infrastructure.

6️⃣
Binance: Confirms employees profited from insider information violations, has suspended and held accountable

The platform reiterates a “zero tolerance” attitude and will cooperate with judicial investigations, helping to restore recent market trust in internal governance.

7️⃣
Harvard University increases Bitcoin holdings from $117 million to $443 million, allocation ratio surpasses gold for the first time

This indicates that the top US university's endowment fund is systematically viewing BTC as a strategic asset, further promoting the “institutional gold 2.0” narrative.

📢 Financing 500 million USD + 40 billion USD valuation, is it institutional optimism or a "valuation bubble"?

"A company that hasn't gone public, lacks transparency, and revolves around cryptocurrency + stablecoins + payment infrastructure, why is it worth 40 billion?"

Institutions are betting on Ripple, possibly truly attracted by its ambition to connect "traditional finance ↔ blockchain finance," or perhaps just riding the wave.

If another crypto bull market hits, this 40 billion might be just the starting point; but if the crypto winter hasn't passed yet, this 40 billion could also be revalued. What do you think?👇

#Ripple #Crypto #XRP #Risk

U.S. stock pre-market cryptocurrency concept stocks rose broadly, among which:

· MSTR rose 2.58%;
· COIN rose 2.13%;
· HOOD rose 1.75%;
· SBET rose 3.26%;
· BMNR rose 4.55%;
· CRCL rose 2.20%.

🚀 ASTER Official Increase — Daily repurchase from 3 million ➡️ 4 million USD!

Effective from today. The official statement says this move is to "quickly put on-chain the fourth phase costs accumulated since November 10, providing more support during market fluctuations."

Last night, ASTER fell to $0.89 (close to CZ's buying price) — this morning it rebounded strongly, with a 12-hour increase of about 9.7%.

🔥 For many, this is not just a minor adjustment, but possibly a triple signal of "repurchase + scarcity + emotional repair."

What do you think? Has ASTER seized the opportunity, or is it just a short-term rebound?👇

#ASTER #DeFi #Crypto #Buyback

💡 Is a Fed rate cut highly likely?

Polymarket data shows:
25bp rate cut in December: 93%
No rate cut in January: 68%

What do you think: Will the Fed act according to market expectations, or will it be unexpected?📉📈

#FederalReserve #RateCut #Macro

Congratulations @binance on another victory.

The full license from ADGM FSRA is not something that ordinary platforms can obtain, which represents:

✔ Strong compliance capability
✔ High trust in the Middle Eastern market
✔ Continued global expansion

No talk about headquarters, no gimmicks,
Binance has always let facts speak for themselves.

Steady, not flashy, but very Binance.

#binanc #ADGM #Crypto

🔥 Is the Meme market getting excited again? GMGN data shows: The rebound of mainstream coins has boosted on-chain sentiment, and the hotspots of three major ecosystems' memes are active again.

Franklin (Solana) has surpassed 20 million USD in trading volume in the past 24 hours, and its market value has reached 13 million USD just 6 days after launch, indicating that Solana's liquidity is clearly continuing to overflow.

PIPPIN (Solana) faced a pullback after two weeks of strong gains, but the 24-hour trading volume remains as high as 20.9 million USD, with a market value of 177 million USD. The signs of bullish control are still obvious, and sentiment has not dissipated.

DOYR (BSC) saw its market value exceed 20 million USD over the weekend, with a single-day trading volume of 22.6 million USD. Currently, the market value has adjusted to 6.63 million USD, but the volatility itself indicates that funds are also starting to "get excited" in BSC.

Trump said "$BIG trouble",
Within 10 seconds, BIG token appeared on Solana.

Do you believe it:

A. It's a coincidence
B. There is a team monitoring Trump's account waiting for listings
C. Is this the American political version of 'pump and dump'?
D. Is Trump really hinting at the next meme?

Leave one letter, let's see what everyone agrees on.👇

XXYY.cc Morning News | December 8, 21:00–7:00
Keywords: cbBTC · Michael Saylor · BlackRock

1️⃣
BlackRock currently holds 775,715.2 Bitcoins, maintaining a high position in institutional holdings.

2️⃣
El Salvador Government's Bitcoin holdings amount to 7,493.37 Bitcoins.

3️⃣
U.S. Treasury Secretary Janet Yellen stated that the U.S. GDP growth rate will reach 3% this year, with macroeconomic fundamentals remaining stable.

4️⃣
The market capitalization of the wrapped Bitcoin token cbBTC has surpassed 6.8 billion USD, with a circulating supply of 73,951 tokens, and the expansion of wrapped BTC products continues.

5️⃣
The Chairman of the U.S. Securities and Exchange Commission (SEC) reiterated: the U.S. financial market may migrate to on-chain operations as a whole in the coming years, and digital asset infrastructure is being further institutionalized.

6️⃣
Michael Saylor has released Bitcoin Tracker information again — the community speculates that he may disclose new round of increased holdings data next week.

7️⃣
K33 Research analysis: the likelihood of a significant market rise is higher than a further decline, and December may be a good opportunity for building positions, with mid to long-term liquidity and market structure still being favorable.

Bitcoin rebounds to surpass 90,000 USD, 24-hour increase of 0.51%.

"1011 Insider Giant" continues to go long on Ethereum, with total holdings increasing to 22,827.14 ETH, valued at 69.16 million USD, average opening price 2989.51 USD, floating profit 1.19 million USD.

10 minutes ago, again deposited 10 million USD margin, and placed a limit buy order for 11,450 ETH (34.39 million USD), if executed, holdings will exceed 100 million.

XXYY.cc Evening Report | December 7th 12:00–21:00
Keywords: Bank of America · Solana Foundation · Strategy CEO

1️⃣
Musk stated: Grok 4.20 will be released in the next 3–4 weeks — if launched as scheduled, it may reignite market attention on its AI/social products.

2️⃣
Bank of America announced that it will allow its financial advisors to recommend cryptocurrency assets to clients, marking a further opening of traditional banks to cryptocurrency products.

3️⃣
Binance responded to the "alleged employee involvement in early coin issuance" incident, promising to initiate a zero-tolerance investigation — public relations and compliance pressures are escalating, and platform risk control has once again become a focus.

4️⃣
The chairman of the Solana Foundation calls on the community: lending protocols should stop internal conflicts and concentrate efforts to expand market share — team governance and ecological expansion are officially on the agenda.

5️⃣
MicroStrategy CEO stated: the company's current dollar reserves are sufficient to last at least 21 months without selling Bitcoin — providing a safety margin for its holding strategy and alleviating market concerns about sell-off risks to some extent.

6️⃣
Analysis points out: the U.S. Securities and Exchange Commission (SEC) may potentially reassess its rule-making and regulatory weight on cryptocurrency privacy projects in the future — if the direction changes, it could have a significant impact on the entire privacy coin/anonymity chain ecosystem.

XXYY.cc Morning News | December 7 · Overnight Important Developments Overview

21:00 – 07:00 Keywords: Miners, CZ, SEC Chairman
1. ETH total open interest across the network reached 36.9 billion USD.
2. The average BTC production cost for publicly listed miners rose to 746,000 USD.
3. The top 100 publicly listed companies holding BTC collectively own over 1,050,000 BTC.
4. Coinbase CEO: Bitcoin and cryptocurrencies can balance out bad governments.
5. CZ: Will tweet as usual, tweet content does not represent any meme or symbol endorsement.
6. U.S. SEC Chairman: The entire financial system will transition to Bitcoin and cryptocurrencies in the coming years.
7. The total holdings of the Ethereum treasury company exceeded 6 million; the total holdings of Ethereum ETFs surpassed 6.3 million.

XXYY.cc Morning News | December 7 · Overview of Important Overnight Developments

21:00 – 07:00 Keywords: Miners, CZ, SEC Chairman
1. Total open interest for ETH across the network reaches $36.9 billion.
2. The average BTC production cost for publicly listed miners rises to $746,000.
3. The top 100 publicly traded companies holding BTC collectively hold over 1,050,000 BTC.
4. Coinbase CEO: Bitcoin and cryptocurrency can serve as a check on bad governments.
5. CZ: Will tweet as usual, tweet content does not represent any meme or symbol endorsement.
6. U.S. SEC Chairman: The entire financial system will migrate towards Bitcoin and cryptocurrency in the coming years.
7. Ethereum treasury company's total holdings exceed 6 million; total holdings for Ethereum ETFs exceed 6.3 million.

XXYY.cc Evening Report | Important Developments on December 6

12:00–21:00 Keywords: Vitalik · Tokenization · United Kingdom

1️⃣ Western Union launches stablecoin payment card
The card is based on a digital dollar stablecoin to achieve cross-border settlement, and traditional payment giants are officially accelerating their embrace of on-chain payment tracks.

2️⃣ Banque Populaire officially opens cryptocurrency trading to customers
As a large retail bank in France, this move signifies that the European traditional banking system is becoming more actively engaged in the crypto business.

3️⃣ Vitalik: The market needs a "trustless, sustainable" on-chain Gas futures system
He pointed out that future ETH fee management will require a more mature derivatives mechanism to enhance on-chain economic stability.

4️⃣ The Pakistani Ministry of Finance holds a consultation meeting on the "National Digital Asset Framework"
At the government level, there is active exploration of crypto regulation pathways, which may open a more defined institutional market environment in South Asia.

5️⃣ Aave founder: The UK’s new tax framework significantly simplifies crypto asset tax processes
This move by the UK aims to reduce compliance costs for institutions and further attract crypto companies to establish local operations.

6️⃣ US SEC Chair: Tokenization is an irreversible trend
He stated that within the next 2 years, all markets in the United States—including stocks, bonds, and commodities—will gradually migrate to on-chain operations.

XXYY.cc Afternoon Report | December 6th Important Developments Overview

7:00–12:00 Keywords: HumidiFi · Tether · SUI ETF

1️⃣ Grayscale officially submitted SUI ETF registration application to the US SEC
This will be the first mainstream institutional-level ETF based on the Sui network. If approved, it will further promote the financialization and compliance process of L1 track assets.

2️⃣ US M2 money supply rises to $22.3 trillion, setting a historical high
The liquidity structure remains loose, and the market's upward expectations for overall asset prices in 2025 are heating up again.

3️⃣ Jupiter announces that the public sale of HumidiFi (WET) will restart on December 8th
It was previously suspended due to technical issues and queuing demands; the WET project still has high popularity in the Solana community, and its resumption has received widespread attention.

4️⃣ Coinbase includes IMU (ImmuneFi) and SENT (Sentient) in its listing roadmap
Both projects belong to the “Security & AI” category, and Coinbase is clearly strengthening its asset reserves in the new narrative field.

5️⃣ Strategy CEO responds again: There is no issue with dividend payments
He emphasized that the rumors circulating online about “liquidity exhaustion” are malicious slanders and reiterated that the company maintains a robust cash flow and reserve strategy.

6️⃣ CoinShares research director: Concerns about Tether's solvency are “groundless”
He pointed out that Tether currently has extremely high excess reserves and continues to enhance returns through government bonds and high-quality assets.

7️⃣ 10x Research: Although there has been a short-term rebound in the current market, there is a lack of structural bullish foundation
Institutions believe that the macro environment is still not stable enough—especially regarding interest rates, inflation expectations, and liquidity flows have yet to reach a consensus trend.

XXYY.cc Morning News | Overview of Important Overnight Developments on December 6

21:00–7:00 Keywords: Do Kwon · Circle · Strategy · Hassett

1️⃣ U.S. prosecutors recommend a 12-year prison sentence for Do Kwon
The Terraform Labs collapse case has entered a critical stage, with regulatory bodies continuing to strengthen judicial accountability for major events in the cryptocurrency market.

2️⃣ Circle issued a total of 10 billion USDC in the past month
The scale of USDC issuance has expanded significantly, indicating rising demand for funds; some institutions may be accelerating preparations for the year-end market.

3️⃣ Blockchain bank N3XT completes three rounds of financing, totaling 72 million USD
The new generation of on-chain financial infrastructure continues to attract capital, with the model of "compliant banking + cryptocurrency asset custody" rapidly taking shape.

4️⃣ U.S. core PCE rose 0.2% month-on-month in September, in line with market expectations
Inflation continues to moderate, reinforcing market expectations for a rate cut pace in mid-2025.

5️⃣ National Bank of Canada discloses purchase of 273 million USD in Strategy stocks
Large North American institutions continue to increase their holdings in Strategy, further enhancing market attention to its Bitcoin-related exposure.

6️⃣ White House National Economic Council Director Hassett: It is “time for the Fed to cautiously cut rates”
For the first time, senior White House officials have clearly indicated a willingness to cut rates, adding more signals for a potential macro policy shift in the coming months.

7️⃣ Analysis: The new Federal Reserve Chair will face unprecedented pressure tests
Tariff shocks, sticky inflation, and calls for rate cuts intertwine, making the policy environment more complex than in recent years; market uncertainty may amplify volatility.

XXYY.cc Evening Report | December 5th 12:00–21:00

Keywords: X Platform · BlackRock · Bank of America Warning · Strive

1️⃣ CryptoQuant: If BTC returns to $97,000, investors will re-enter the "comfort zone"
Current market sentiment remains cautious, but liquidity and position structures indicate that as long as key ranges are broken, FOMO will return instantly.

2️⃣ BlackRock transfers 1384.7 BTC and 799 ETH to Coinbase Prime
The on-chain dynamics of the giant have once again attracted attention, and institutional position adjustments may be preparing for liquidity allocation in the next phase.

3️⃣ CEA Industries responds to YZi Labs: Will continue to support BNB treasury strategy
The team reiterates that the cooperation is long-term effective, and external doubts about BNB treasury governance have temporarily eased.

4️⃣ Bitcoin Reserve Company Strive: Perpetual Preferred Stock SATA lands on Robinhood
This is the first large-scale introduction of "Bitcoin reserve-type" equity products on a traditional financial platform, and the trend towards compliant assetization is becoming increasingly apparent.

5️⃣ Bank of America warns: If the Federal Reserve turns dovish and cuts rates, the stock market rally may end
Funds will withdraw from risk assets to reassess pricing, and macro changes remain the largest variable for crypto in the short term.

6️⃣ A certain whale lends 5000 ETH for short selling, totaling approximately $15.66 million
The market shows clear short-term bearish actions, which may be due to large hedging, or possibly an expectation of increased volatility.

7️⃣ X Platform fined €120 million by the EU for violating content regulations
EU regulators continue to exert pressure on large social platforms, and conflicts between cross-border technology and content policies are further escalating.