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12/25
Thursday
10:06
BlockBeats news, December 25th, according to Coinglass data, if Bitcoin falls below $86,000, the cumulative long liquidation intensity on mainstream CEXs will reach $666 million.Conversely, if Bitcoin breaks through $89,000, the cumulative short liquidation intensity on mainstream CEXs will reach $663 million.BlockBeats note: The liquidation chart does not display the exact number of contracts pending liquidation or the precise value of contracts being liquidated. The bars on the liquidation chart actually show the relative importance, or intensity, of each liquidation cluster compared to adjacent clusters.Therefore, the liquidation chart illustrates the extent to which the underlying price reaching a certain level will be affected. A higher "liquidation bar" indicates that once the price reaches that level, a stronger reaction will occur due to liquidity waves.
09:15
ChainCatcher reports, Galaxy Securities notes that due to economic growth exceeding expectations, CME Watch data shows the probability of a rate cut in January 2026 has narrowed compared to earlier. After the data release, top Fed chair candidate Hassett stated that the growth foundation still stems from falling prices, rising incomes, and improved sentiment, and explicitly pointed out that if GDP growth remains around 4%, new job additions are expected to return to the range of 100,000 to 150,000 per month, while also frankly noting that the Fed is significantly lagging behind the situation on rate cuts. Third-quarter economic growth primarily reflects the fading of inventory and trade disruptions, which is insufficient to alter the trend of marginal weakening in employment; with employment becoming the focal point of policy trade-offs and the gradual finalization of the Fed chair candidate, there remains room for about three rate cuts in 2026. (Jin10)
09:11
PANews reported on December 25th that, according to an official announcement from Brevis, $BREV is the core utility and governance token of Brevis ProverNet. It is used to pay for the generation and verification fees of zero-knowledge proofs, serves as a staking and reward medium, and grants governance rights to token holders. Validators must stake BREV or accept delegations to take on tasks; violating the service agreement will result in forfeiture of staked tokens. The network will initially be deployed on Base; after migrating to the Brevis-specific rollup, $BREV will serve as the native gas token. The total token supply is 1 billion, with nearly 70% allocated to community and ecosystem incentives. Airdrop registration will be available soon. The specific allocation is as follows: Ecosystem Development (37%): Used for ecosystem growth, R&D, strategic partnerships, initial market making, and long-term protocol expansion. Community Incentives (32.20%): Used to reward validators, stakers, and community contributors, including initial airdrops in multiple categories. Team (20%): Allocated to current and future Brevis core developers and contributors. Investors (10.80%): Allocated to seed round investors.
09:10
PANews reported on December 25 that, according to Ember Observation, an address (0xf000, suspected to be owned by Multicoin Capital) transferred $30 million USDC to the Worldcoin team wallet a day ago, and received 60 million $WLD from the same wallet 7 hours ago, which is worth about $29.06 million at market value, suspected to be an off-exchange block trade.
09:07
BlockBeats news, December 25, according to Farside monitoring, yesterday ETHE had a net outflow of $33.8 million, while Grayscale ETH had a net inflow of $3.3 million.
09:06
BlockBeats news, December 25, Galaxy Securities pointed out that due to economic growth exceeding expectations, CME observation data shows the probability of a rate cut in January 2026 has narrowed compared to earlier forecasts.After the data release, top candidate for Federal Reserve Chair Hassett stated that the foundation for growth still comes from falling prices, rising incomes, and improving sentiment, and clearly indicated that if GDP growth remains around 4%, new job additions are expected to return to the range of 100,000 to 150,000 per month, while also bluntly stating that the Federal Reserve is significantly lagging behind the situation on the issue of rate cuts.Third-quarter economic growth mainly reflects the fading of inventory and trade disruptions, which is insufficient to change the trend of marginal weakening in employment; with employment becoming the focus of policy trade-offs, coupled with the gradual finalization of the Federal Reserve Chair candidate, there remains room for approximately 3 rate cuts in 2026. (Jin10)
08:13
BlockBeats News, December 25th, according to Global Times, the U.S. Department of Justice recently released documents related to the Epstein case, with content spanning 100 pages or more being completely redacted. As reported by foreign media such as The Daily Beast on the 23rd, some social media users who reviewed the Epstein case documents made a startling discovery: parts of the redacted content could be directly restored using image processing tools like Photoshop, or even simply by selecting the text and pasting it into a word processing system to reveal it."So apparently, the Epstein case documents published on the U.S. Department of Justice website, you just need to highlight the redacted text, copy and paste it into another document, and you can read the concealed content," The Daily Beast quoted a post by social platform X user Nissan to disclose.
08:11
BlockBeats news, December 25, Kyrgyzstan President Sadyr Japarov announced that the stablecoin KGST, pegged to the national fiat currency "Som (som)", has officially launched on Binance, marking another key advancement in the country's national-level cryptocurrency infrastructure development.Sadyr stated in a post that the launch of KGST will help foster cross-border payment development and further deepen Kyrgyzstan's connection with the global crypto ecosystem. CZ later responded, saying that "more state-backed stablecoins" will land on Binance in the future.In April this year, CZ had already begun providing technical and policy advisory services to the Kyrgyzstan government. This landlocked Central Asian country with a population of about 7 million has shown a clear shift toward a positive stance on digital assets over the past year. In September, Kyrgyzstan advanced legislation to establish a national-level crypto reserve and expand the domestic digital asset industry.In addition to KGST, Kyrgyzstan recently launched the dollar stablecoin USDKG, which is backed by physical gold. Initially issued on the Tron network with an initial supply of 50 million tokens, it plans to expand to Ethereum in the future.
08:10
BlockBeats news, December 25th, after a year of gradually clarifying regulatory environments and divergent market performances, several top venture capitalists have begun reassessing the value attribution in the crypto industry for 2025. In a recent podcast, Pantera Capital partner Mason Nystrom, Hash3 co-founder Hootie Rashidifard, and Variant partner Alana Levin unanimously agreed that stablecoins, prediction markets, and traditional finance and internet "incumbents" are the biggest winners this year.Nystrom pointed out that established companies like Robinhood quickly acted after regulatory clarity, significantly accelerating their crypto deployments in 2025, "effectively anticipating where the puck is going."Rashidifard stated that stablecoin trading volume and profitability have both surged, "Tether has become one of the companies with the highest profit per capita." He emphasized that stablecoins are not only profitable now but also genuinely provide fundamental financial value to end-users.Levin listed prediction markets as one of the fastest-growing tracks in 2025, with Kalshi and Polymarket having moved beyond doubts about "wash trading" and "only betting on elections." She specifically mentioned: Intercontinental Exchange (ICE) invested $20 billion in Polymarket this year, which is astonishing.From the perspective of losers:At the individual level: Levin named Terraform Labs co-founder Do Kwon. He was sentenced to 15 years in prison in December for fraud charges related to the Terra collapse, seen as an iconic failure case in the industry.At the institutional level: Rashidifard believes that the U.S. SEC during the "Biden era" is one of the institutional losers, as its long-term aggressive enforcement has not yielded actual regulatory outcomes but instead forced a large outflow of entrepreneurs. He noted that with Gensler's departure, the passage of the GENIUS stablecoin bill, and the advancement of market structure legislation, the U.S. government's attitude toward the crypto industry has fundamentally shifted in 2025.
08:05
BlockBeats News, December 25, according to CNBC, Davis, CEO of Disruptive, which led the latest round of financing for high-performance AI accelerator chip designer Groq, revealed that NVIDIA has agreed to acquire Groq for $20 billion in cash. Davis's company has invested over $5 billion in Groq since its founding in 2016, and he stated that this deal was reached quickly.Groq is expected to notify its investors about this transaction later on Wednesday. Davis indicated that although the acquisition includes all of Groq's assets, its early-stage Groq cloud business is not part of this deal. This will become NVIDIA's largest acquisition to date, surpassing its previous biggest acquisition in 2019, which was the nearly $7 billion purchase of Israeli chip designer Mellanox.Amid surging demand for AI accelerator chips that speed up large language model inference tasks, Groq's target revenue for this year is $5 billion.
