BlockBeats news, December 23, Ethereum founder Vitalik responded to community questions regarding "why Ethereum still imposes a contract size limit": due to DoS risk considerations. After Ethereum's state structure is upgraded to a unified binary tree (EIP-7864), it is expected to achieve unlimited contract size, but issues such as gas fees and mechanism design for deploying extremely large contracts still need to be resolved. Currently, based on per-byte creation costs, the practical contract limit is approximately 82KB.

BlockBeats news, December 23, according to Bloomberg, Russian banks are drafting a new cryptocurrency regulatory plan, which may allow previously ineligible investors to purchase crypto assets.Previously on November 26, Russian Deputy Minister of Finance Ivan Chebeskov revealed that the Ministry of Finance and the central bank are planning to abolish the current strict regulations that limit cryptocurrency market participation to only "highly qualified" investors, aiming to establish a tiered access mechanism to expand the scope of legal investors. Current regulations require individual investors to hold at least 100 million rubles in bank deposits and securities, with verifiable income exceeding 50 million rubles in the past year to obtain "highly qualified" certification.

PANews reported on December 23 that, according to The Block, Bitcoin prices fell below $90,000 two days before Christmas, reaching approximately $87,400 on December 23, continuing a multi-week upward trend that stalled. The record-breaking options expiration this Friday was the main driver, with approximately 300,000 Bitcoin options contracts (with a notional value of about $23.7 billion) expiring, representing more than half of Deribit's open interest in Bitcoin. Deribit's Chief Business Officer stated that the expiration amount reached $28.5 billion, including Bitcoin and Ethereum options, double that of last year. Despite this, the market remains orderly. Current market positions are mainly concentrated around the strike prices of $85,000 and $100,000. Market liquidity declined significantly, with Bitcoin perpetual contract open interest decreasing by approximately $3 billion overnight and Ethereum by approximately $2 billion. Analysts believe that the market volatility during the Christmas week was largely mechanical and that mean reversion is expected after market participation recovers in January. Data shows that as of December 23, Bitcoin has fallen 6% year-to-date and nearly 20% over the past six months, potentially marking its worst fourth-quarter performance in eight years.

BlockBeats news, December 23rd, Wintermute released its market report today, stating that as the holidays approach, market structure continues to narrow, and Bitcoin's market dominance has risen again. Based on internal fund flow data observed by Wintermute, the following findings can be drawn:Major cryptocurrencies are once again showing stronger buying pressure than selling pressure;BTC's buying advantage has lasted longer and is more stable, while ETH also shows increased buying signs towards year-end;Institutional fund flows have been a consistent source of buying since the summer;Retail investors are starting to rotate from altcoins back to major cryptocurrencies;This retail rotation aligns with market consensus: BTC needs to lead the rally first, followed by waiting for altcoin rotation.

BlockBeats News, December 23, Wintermute released today's market report stating that as the holiday season approaches, market structure continues to narrow, with Bitcoin's market dominance rising again. Based on internal fund flow data observed by Wintermute, the following findings can be drawn:Buying pressure for major cryptocurrencies once again surpasses selling pressure;BTC's buying advantage is more prolonged and stable, while ETH also shows increased buying signs towards year-end;Since summer, institutional fund flows have been a consistent source of buying;Retail investors are beginning to rotate from altcoins back to major cryptocurrencies;Retail rotation aligns with market consensus: BTC needs to lead the rally first, followed by waiting for altcoin rotation.

BlockBeats 消息，12 月 23 日，据 BitcoinTreasuries 披露，规模达 900 亿美元的加拿大安大略省医疗保健养老基金已买入 1480 万股比特币加密财库（DAT）公司 Strive (ASST) 的股票，价值 1300 万美元。

ChainCatcher reports, according to Jinshi, USD/CAD has fallen below 1.37, with an intraday decline of 0.33%

BlockBeats news, December 23, according to DefiLlama data, possibly due to the approaching Christmas holiday, liquidity has weakened. Over the past 24 hours, trading volume on mainstream perpetual contract DEXs has only seen a mild rebound from the weekend low, with Hyperliquid currently topping the list, followed by Lighter and Aster. Current trading volumes for some Perp DEXs are as follows:Hyperliquid 24-hour trading volume approximately $6.18 billion, TVL about $4.12 billion, open interest $7.35 billion;Lighter 24-hour trading volume approximately $5.81 billion, TVL about $1.41 billion, open interest $1.6 billion;Aster 24-hour trading volume approximately $5.11 billion, TVL about $1.28 billion, open interest $2.41 billion;EdgeX 24-hour trading volume approximately $2.99 billion, TVL about $368 million, open interest $758 million;ApeX 24-hour trading volume approximately $1.91 billion, TVL about $46.64 million, open interest $197 million;Backpack 24-hour trading volume approximately $1.3 billion, TVL not yet disclosed, open interest $226 million;Variational 24-hour trading volume approximately $960 million, TVL about $66.18 million, open interest $490 million;Pacifica 24-hour trading volume approximately $589 million, TVL about $41.73 million, open interest $59.48 million.

PANews reported on December 23 that, according to Onchain Lens monitoring, trader James Wynn opened a long position in Bitcoin with 40x leverage, with the current BTC price at $87,562.8. In the past three days, James completed three trades, two of which were BTC trades (one long and one short), resulting in a total profit of $40,521; however, his PEPE (long) trade resulted in a loss of $6,908.

PANews reported on December 23 that London copper prices broke through $12,000 per ton, setting a new historical high.