BlockBeats News, December 24th: According to a joint consultation conclusion released by the Hong Kong Financial Services and the Treasury Bureau (FSTB) and the Securities and Futures Commission (SFC), Hong Kong will further advance the licensing system for virtual asset trading and custody service providers. This move aims to strengthen the regulation of virtual asset trading and custody services, ensuring the stability and sustainable development of the market.The consultation also mentioned that for virtual asset management services and advisory service providers, Hong Kong will conduct a further one-month public consultation. It is expected that the system will be similar to the regulatory framework of the traditional securities market and will clearly define the regulated activities under different virtual asset licensing regimes.

PANews reported on December 24th that, according to a Binance announcement, to improve trading quality, Binance will delist five spot trading pairs—BIO/FDUSD, ENS/FDUSD, INJ/ETH, TREE/BNB, and VTHO/TRY—at 03:00 UTC on December 26th. The delisting only affects the relevant trading pairs; the tokens themselves can still be traded through other pairs on the platform. Binance will also simultaneously terminate the services of the related trading bots, and users are advised to adjust their settings accordingly to mitigate asset risks.

PANews reported on December 24th that Gate Web3 will launch a New Year's "Opening Day" promotion from December 25th, 2025 to January 7th, 2026. Users who complete their first transaction (including Swap or Web3 DEX trading) within the Gate App will receive a 100% chance of a random airdrop reward and a first-order gas fee subsidy. Furthermore, all users who accumulate a certain amount of Swap trading will unlock tiered cash rewards. Furthermore, Gate Web3's efficient trading tool, Meme Go, has launched a long-term "Global Smart Money Golden Finger Recruitment Program." This program recruits insightful on-chain hunters and community KOLs globally, granting them entry into the official core talent pool. Pool members will enjoy priority access to official business collaborations, early airdrop whitelisting, and massive traffic support from Gate, enabling them to enjoy long-term monetization benefits.

BlockBeats 消息，12 月 24 日，Arthur Hayes 刚刚将 682 枚 ETH（价值约 200 万美元）存入 Binance。

BlockBeats 消息，12 月 24 日，据官方公告，Binance 将于 12 月 26 日 03:00 (UTC) 移除 BIO/FDUSD、ENS/FDUSD、INJ/ETH、TREE/BNB 和 VTHO/TRY 现货交易对。

BlockBeats news, December 24th, renowned trader and chart analyst Peter Brandt, who accurately predicted the 2018 Bitcoin crash, stated in a post yesterday, "Bitcoin is unprecedented, and there may never be anything like it again. Over the past 15 years, Bitcoin has experienced five parabolic rallies on a logarithmic scale, followed by declines of at least 80% (the current cycle is not yet over)."Peter Brandt also mentioned that he is deeply researching the question of "when Bitcoin will bottom out." However, he predicts the next bull market peak will occur in September 2029.

PANews reported on December 24th, citing the Financial Times, that the global crypto industry completed 267 mergers and acquisitions deals in 2025, totaling $8.6 billion , nearly four times the number in 2024 and setting a new record. The Trump administration's prioritization of crypto as a national priority, pushing for regulatory easing, lawsuit dismissals, and the establishment of a national crypto reserve, fueled the influx of capital. Coinbase's $2.9 billion acquisition of Deribit was the largest deal of the year, while Kraken and Ripple acquired NinjaTrader and Hidden Road, respectively. Eleven crypto companies raised a total of $14.6 billion through IPOs throughout the year. The M&A boom is expected to continue in 2026 due to compliance pressures and the implementation of stablecoin regulations.

BlockBeats news, December 24, Curve Finance founder Michael Egorov proposed allocating 17.45 million CRV tokens (approximately $6.2 million) to Curve's development company Swiss Stake AG to support ecosystem development, technical R&D, and ongoing development of lending protocols. Egorov stated that the funds will be used for software development, infrastructure and security enhancements, and to support Swiss Stake AG's core contributor team of about 25 people. Planned objectives include launching and expanding the new lending system Llamalend, developing on-chain foreign exchange conversion functionality, and optimizing Curve's user interface and cross-chain capabilities.However, voting results show that 54.46% of participants opposed the proposal, while 45.54% expressed support. Voting data indicates that addresses associated with the two major DeFi protocols Yearn Finance and Convex Finance accounted for nearly 90% of all opposing votes.Some community members expressed concerns about centralization, questioning whether Curve's governance relies too heavily on a small number of individuals. Others suggested that before approving any new funding, Swiss Stake should better explain the usage of past funds. Curve community members also believe that past allocations have already distributed substantial protocol funds, and further grants could be "staged" to avoid negative impacts on CRV's price.

BlockBeats news, December 24, according to Coinglass data, the Coinbase Bitcoin premium index has been in negative premium for 10 consecutive days, currently reported at -0.0648%.BlockBeats note: The Coinbase Bitcoin premium index measures the difference between the Bitcoin price on Coinbase (a mainstream U.S. trading platform) and the global market average price. This index is an important indicator for observing capital flows in the U.S. market, institutional investment activity, and changes in market sentiment.A positive premium indicates that the Coinbase price is higher than the global average, typically implying: strong buying pressure in the U.S. market, active entry of institutional or compliant funds, ample dollar liquidity, and optimistic investment sentiment. A negative premium indicates that the Coinbase price is lower than the global average, usually reflecting: significant selling pressure in the U.S. market, declining investor risk appetite, rising market risk aversion, or capital outflows.

BlockBeats News, December 24: Glassnode posted on social media that since early November, the 30-day moving average (30D-SMA) of net inflows for Bitcoin and Ethereum ETFs has turned negative and has persisted to date.This persistence indicates that institutional investors are in a phase of low participation and partial exit, further confirming the overall liquidity contraction trend in the cryptocurrency market.