Nexo has reached a multi-year partnership agreement with the Australian Tennis Association, becoming an official crypto partner for the Australian Open and related events. This collaboration will showcase the brand through the "Nexo Coach's Seat," helping to transform its brand into a digital asset wealth platform.

As the end of the year approaches, the cryptocurrency market is showing clear bearish signals. Data indicates that among the top 100 cryptocurrencies by market cap, 75 have fallen below their 50-day and 200-day simple moving averages (SMA), indicating a significant overall weakening of the trend. In contrast, only 29 stocks in the Nasdaq are in the same technical weak zone, highlighting the relative weakness of the crypto market. TradingView data shows that Bitcoin reached a historical high of approximately $126,000 in early October and has since been declining, currently around $87,000, signaling a significant withdrawal of funds from the crypto market. Since the 50-day and 200-day moving averages are often considered key indicators of medium- and long-term trends, a simultaneous break below both averages usually indicates a trend reversal to the downside and may trigger further selling pressure.

The Solana ETF market experienced a phase of fluctuation on December 15. According to SoSoValue data, the Bitwise Solana Staking ETF (BSOL) recorded approximately $4.6 million in outflows on that day, marking the first net redemption since the product was listed at the end of October and breaking the previous record of over a month of continuous fund inflows. This redemption corresponds to the sale of about 36,800 SOL tokens, and the ETF's trading volume also dropped to a historical low on that day. The outflow was driven by a general decline in risk appetite across the cryptocurrency market, with Bitcoin, Ethereum, and Solana all experiencing pullbacks amid rising macroeconomic uncertainties and tightening liquidity at the end of the year.

According to CoinDesk analysis, 75 out of the top 100 cryptocurrencies by market capitalization are below their key moving averages, indicating a weak market. Bitcoin's price has fallen from its all-time high to $87,000, affecting major coins and leading to bearish market sentiment. Only a few tokens show oversold conditions, and analysis suggests that the crypto market may continue to be under pressure in the short term.

CZ posted on the X platform: "If you've ever envied those who buy cryptocurrencies at low prices and hold them long-term through market cycles, think about what they are doing at such moments." This statement from CZ essentially serves as a reminder to the market of a repeatedly validated but easily overlooked fact — long-term returns often come from the most difficult stages to endure.

On-chain prediction markets welcome new players: Probable is a brand new prediction market platform built entirely on BNB Chain, co-incubated by PancakeSwap and YZi Labs. It features zero prediction fees, fully on-chain transparent settlement, and a more user-friendly experience, aiming to lower the barriers to participation in prediction markets. Probable covers a wide range of prediction scenarios, including cryptocurrency price trends, major global events, sports competitions, and regional and localized markets that are less covered by other platforms. Users can directly convert their personal judgments into on-chain trading opportunities, with full transparency throughout the process.

Since the launch of the Pacifica Points Activity, it has attracted many traders to build positions on the platform. However, market declines have caused some volume-manipulating traders to incur losses, and trading strategies have shifted towards shorting mainstream coins such as BTC and ETH. Currently, some addresses are bullish on BNB and ZEC, but there are disagreements regarding coins like ETH. Users can utilize the Coinbob tool to follow high-frequency traders and earn trading points.

After stablecoin giant Circle announced the acquisition of Interop Labs, the Axelar ecosystem native token AXL quickly faced downward pressure. Data shows that following the announcement, AXL dropped approximately 13% to 15% on Tuesday, becoming a focal point of market attention. Although this transaction validated the value of Axelar's interoperability technology, the fact that AXL tokens and the Axelar network itself were explicitly excluded from the acquisition scope clearly cooled investor sentiment. Interop Labs was the original core development team of the Axelar network, responsible for the design and implementation of cross-chain communication protocols for a long time. According to the announcement, Circle will incorporate the engineering team of Interop Labs and its proprietary intellectual property to strengthen its capabilities in blockchain interoperability, stablecoin infrastructure, and payment networks. Meanwhile, the subsequent maintenance and development of the Axelar ecosystem will be more heavily handled by another long-term contributor, Common Prefix.

As the US Consumer Price Index (CPI) for November is about to be released, Federal Reserve Board member Stephen Milun publicly challenged the mainstream narrative that "inflation remains significantly above the target," prompting the market to reassess the future interest rate path. The timing of these comments coincides with investors closely monitoring macroeconomic data for its potential impact on Federal Reserve policy, the US dollar trend, and risk assets such as Bitcoin. According to the CME FedWatch Tool, the market currently prices in over a 75% probability that the Federal Reserve will keep interest rates unchanged at the January 2026 meeting, indicating a cooling of long-term tightening expectations. Milun believes that the potential inflation level is actually very close to the Fed’s 2% target, and that the current inflation "overshoot" is more due to lagging and biased statistical methods rather than demand overheating.

Gate News bot message, two whales dumped 14,000 $ETH ($40.82M) in the past 2 hours. Address 0x2802 sold 10,000 $ETH ($29.16M) at $2,915.5 on Dex. Address 0x4c0A sold 4,000 $ETH ($11.66M) via CEX and Gate.

Latest reports indicate that since Donald Trump returned to the White House, the U.S. Securities and Exchange Commission (SEC) has significantly slowed its enforcement efforts in the cryptocurrency industry. According to The New York Times, the SEC has withdrawn, paused, or dismissed nearly 60% of cryptocurrency-related cases, a change that has garnered widespread attention within the industry. The report notes that while enforcement actions in traditional financial markets continue, since January this year, cryptocurrency companies have become the most affected group. Numerous investigations into crypto projects and trading platforms have been halted or canceled, indicating a shift in regulatory focus. Among the most notable cases are the longstanding lawsuits the SEC previously filed against Ripple Labs and major centralized exchanges (CEX). Both landmark cases have been substantially withdrawn. The New York Times also mentioned that the SEC is no longer actively pursuing any companies with known connections to Trump, sparking discussions about the motivation behind the regulatory changes.

A major crypto whale heavily invested in the AI agent sector recently liquidated their holdings, turning one of this year's most talked-about speculative themes into a costly lesson. On-chain monitoring data shows that this address sold AI agent tokens worth approximately $31.12 million, ultimately recovering only about $2.57 million, resulting in an overall loss of around $28.54 million, with a loss ratio close to 92%. The whale accumulated a large position at the beginning of the year when the AI agent narrative was at its peak, as market funds flooded into tokens related to autonomous trading robots, AI-driven trade execution, and intelligent agents. However, as market liquidity continued to shrink and sentiment cooled, these narrative-dependent assets gradually lost support and were eventually forced to exit at very low prices.

PancakeSwap launches the cross-chain prediction market platform Probable, focusing on zero fees and a simplified experience, supporting various prediction events. The platform uses UMA's Optimistic Oracle to enhance transparency, allowing users to participate with any tokens, lowering operational barriers, and is expected to go live soon.

As blockchain applications continue to grow, scalability issues have become a core challenge that public chains cannot avoid. Ethereum (ETH) has been vigorously developing Layer-2 scaling solutions in an attempt to increase throughput and reduce transaction fees while avoiding long-term congestion on the mainnet. This strategy has achieved certain success in user experience and is also seen as an important pillar for Ethereum's mainstream adoption. However, from an economic model perspective, this pillar is facing pressure. Data shows that Ethereum's on-chain revenue has significantly declined this year, dropping from approximately $2.52 billion at the beginning of the year to about $604 million. Behind this revenue decline is the reality that transaction fees are being heavily diverted to Layer-2 networks.

The crypto infrastructure company StraitX announced plans to launch Singapore dollar stablecoin XSGD and US dollar stablecoin XUSD on the Solana blockchain in early 2026, facilitating instant exchange between the two currencies and promoting digital forex trading. This will be Solana's first Singapore dollar stablecoin and will enhance its role in the global payment network.

The recent overall pressure in the cryptocurrency market has also significantly impacted the trend of ZCash (ZEC). In the past 24 hours, ZCash has decreased by approximately 3.82%, and Bitcoin briefly fell back to around $87,500. Although Bitcoin subsequently rebounded, ZEC did not recover its previous losses in sync and showed relatively weaker performance in the short term. From a technical perspective, the medium-term outlook for ZCash has not been completely compromised. Previous analysis pointed out that after ZEC broke through the downward channel, there was theoretically potential for a rebound to higher levels, as long as the demand zone between $382 and $395 could be effectively maintained. The price still has the opportunity to initiate a recovery. Currently, the upward momentum has slowed in recent days but has not completely disappeared.

Solana recently stated that despite suffering DDoS attacks over the past week, its network performance was not affected. DDoS attacks are a common type of network attack that exhausts target resources by sending大量虚假请求.

Recent market data shows that Bitcoin's price continues to underperform compared to tech stocks and the overall U.S. stock market. After the Federal Reserve signaled a dovish rate cut, the Nasdaq Composite Index decreased by about 1.7%, while Bitcoin's decline during the same period widened to 2.4%, indicating that its short-term volatility remains higher than that of traditional risk assets. From a mid-term perspective, this gap becomes even more evident. Since the second half of 2025, the component stocks of the Nasdaq index have increased by approximately 17%, whereas Bitcoin has fallen by about 15% over the past six months. This contrasts with the market's long-term expectation of Bitcoin as a "high-beta tech asset" and also means that the returns from allocating to the Nasdaq index this year have significantly outperformed those from investing in Bitcoin.

Cryptocurrency infrastructure company StraitX announced plans to launch Singapore dollar stablecoin XSGD and US dollar stablecoin XUSD on the Solana public blockchain, providing users with blockchain-based fast and low-cost currency exchange services. This marks the first time that a stablecoin asset linked to the Singapore dollar has been introduced into the Solana ecosystem. According to official disclosures, StraitX will collaborate with the Solana Foundation, and the launch of these two stablecoins is expected in early 2026. At that time, Solana users will be able to perform instant on-chain exchanges between Singapore dollar (SGD) and US dollar (USD), which can be seen as a decentralized, automated digital foreign exchange infrastructure.

On-Chain Analysis Platform Glassnode's latest report indicates that although Bitcoin's price has experienced a significant pullback from its all-time high, its overall performance over the past three months has still outperformed the vast majority of the cryptocurrency sector, demonstrating that market funds and investment preferences remain focused on Bitcoin. Glassnode states that over the past three months, "the average returns of almost all cryptocurrency sectors have been lower than Bitcoin," and this persistent relative weakness reflects that in the current market environment, capital is more inclined to flow into Bitcoin rather than riskier altcoins.

BNB Chain new project Audiera (BEAT) has recently become a market focus. Data shows that BEAT has increased by approximately 84% in the past 24 hours. Launched only a month ago, its cumulative increase over the past 30 days has exceeded 480%. Against the backdrop of a generally weak overall crypto market sentiment, BEAT still ranks strongly among the top 100 by market cap on CoinMarketCap, and its rise has sparked widespread discussion. From the driving factors, the recent surge in BEAT is mainly driven by speculative futures trading. On decentralized exchanges alone, related trading volume approaches $20 million, with daily trading volume increasing by about 33% week-on-week. On-chain data indicates that the number of buyers significantly exceeds that of sellers, and the market short-term sentiment is leaning bullish.

BlockBeats 消息，12 月 16 日，日经 225 指数 12 月 16 日（周二）收盘下跌 784.82 点，跌幅 1.56%，报 49383.29 点。韩国 KOSPI 指数 12 月 16 日（周二）收盘下跌 91.46 点，跌幅 2.24%，报 3999.13 点。（金十）

The discussion about quantum computing potentially causing a collapse of the Bitcoin market has recently heated up again. In response, Blockstream CEO and renowned cryptographer Adam Back explicitly stated that the current level of quantum computing development is far from enough to threaten the Bitcoin network, let alone trigger a systemic collapse at the price level. Adam Back refuted an extreme opinion article that claimed quantum computers could cause Bitcoin's price to plummet 99% from approximately $87,000. Back pointed out that such a scenario is only possible if quantum computers can massively break Bitcoin wallet private keys and attack the entire network consensus mechanism, but the reality is still very far from reaching this stage.

MYX Finance (MYX) has increased by approximately 8% in the past 24 hours, with the price briefly surpassing the important technical and psychological threshold of $3, sparking widespread market attention. Several analysts believe that this rally is driven by the price breaking out of the downward channel, accompanied by increased trading volume and a rebound in short-term open interest, which has quickly shifted market sentiment. According to AMBCrypto's analysis, after breaking through the technical structure, the initial target for MYX was set at $3.45. However, the market development exceeded expectations, with MYX reaching a high of $3.9 on December 15, indicating strong bullish momentum. Currently, the $3.45 level has transformed from previous resistance into a potential support level. If the price can hold steady in this area, it may pave the way for further upward movement.

Decentralized derivatives platform Aster recently officially launched a new trading feature, Shield Mode, aimed at providing a more protective perpetual contract trading solution for traders seeking high leverage and execution privacy. The feature was announced on Aster's official X platform on December 15, sparking market attention. Shield Mode is positioned by Aster as a "protected execution layer" built into its perpetual contract platform, focusing on private, high-efficiency leveraged trading. During its initial launch, this mode supports BTC and ETH trading pairs, offering up to 1001x leverage, primarily targeting professional traders with higher demands for speed, privacy, and risk isolation.

Gate News Bot Message, December 16th, according to CoinMarketCap data, DOGE (Dogecoin) is currently trading at $0.13, down 5.18% in the past 24 hours, with a high of $0.15 and a low of $0.13. The 24-hour trading volume reached $1.357 billion. The current market capitalization is approximately $19.703 billion, a decrease of $1.076 billion from yesterday. DOGE is an open-source peer-to-peer digital currency known for its unique community culture and friendly ecosystem. As "the people's cryptocurrency," DOGE leverages blockchain technology to build a highly secure decentralized system. The core philosophy of DOGE can be summarized as "Do Only Good Everyday," with the community dedicated to mutual support, spreading crypto knowledge, charitable fundraising, and promoting community culture. Unlike other cryptocurrencies, DOGE has extremely low transaction fees and has been accepted by many charitable organizations. DOGE was created by Jackson Palmer and Shibetoshi Nakamoto and is currently maintained and developed by the Dogecoin Foundation and the developer community.

According to Bloomberg, Bitcoin prices have fallen below the $86,000 mark for the first time in two weeks, indicating that market downside pressure is intensifying. On Monday, Bitcoin dropped as much as 3.7%, touching a low of $85,171, and then slightly rebounded above $86,000 during early Asian trading on Tuesday. However, overall, Bitcoin has retreated about 30% from its previous all-time high of over $126,000, and investor sentiment has noticeably weakened. Analysts point out that Bitcoin has recently been approaching the lower end of its previous trading range. Every rebound encounters selling pressure from investors who entered near historical highs in early October, creating clear resistance above. FalconX senior derivatives trader Bohan Jiang stated that Bitcoin is currently fluctuating sharply between $85,000 and $94,000, with overall trading interest in the crypto market remaining low and trading volume staying at subdued levels.

The US November Non-Farm Payrolls report will be released today, with market expectations of approximately 50,000 new jobs added and the unemployment rate possibly rising to 4.4%-4.5%. The credibility of the data is declining, which may lead the market to focus more on Federal Reserve policy changes rather than specific data, affecting the crypto market and liquidity.

Trump files a lawsuit over misleading editing in BBC documentary, demanding at least $10 billion in damages, accusing it of defamation and violating Florida trade law, claiming the editing distorted his statements before the attack on Congress.

According to Bloomberg, Citizens Financial Group Inc. analyst team’s latest forecast predicts that the market industry is expected to experience explosive growth in the coming years. By 2030, the forecasted annual revenue of market companies is expected to increase by about five times, surpassing $10 billion, and becoming an important new track in the financial and crypto derivatives field. Currently, prediction market platforms, including Kalshi and Polymarket, are attracting market attention due to a significant increase in trading volume of event contracts. These contracts provide a compliant and regulated way to bet on sports, political, and cultural events, attracting a large number of retail and institutional participants. Citizens estimates that the current annual revenue of the industry is about $2 billion, but the growth potential remains largely untapped.

Gate News Bot Message, December 16th, according to CoinMarketCap data, as of press time, SOL (Solana) is currently trading at $126.38, down 4.24% in 24 hours, with a high of $144.74 and a low of $124.00. The 24-hour trading volume reached $5.051 billion. The current market capitalization is approximately $71.03 billion, down $3.146 billion from yesterday. Currently ranked 7th. Solana is a high-performance blockchain platform that provides global financial infrastructure for the public. It aims to bring blockchain technology to a wider user base, supporting a variety of applications from experienced users to new consumers. The SOL network features fast transaction times with 400-millisecond block times, capable of processing thousands of transactions per second, while maintaining user and developer fees below $0.0025.

The cryptocurrency market has been under continuous pressure recently, and the so-called "Christmas rally" is becoming increasingly unlikely. On Monday, major digital assets such as Bitcoin, Ethereum, and Ripple (XRP) all declined collectively, with prices falling to at least a one-week low, and the derivatives market liquidation scale also significantly expanded. Data shows that Bitcoin has fallen more than 3% in the past 24 hours, with the price dropping from nearly $90,000 in early Monday trading to a low of $85,833, hitting a new low since early December. Ethereum also performed poorly, declining over 4% intraday to $2,955; Ripple dropped about 4.5%, falling back to $1.90, also hitting a new low since December. Over the past week, almost all of the top ten cryptocurrencies by market cap, except stablecoins, have weakened across the board.

A recent research report released by Bank of America indicates that amid a fundamental shift in regulatory attitudes, the US banking industry is entering a multi-year "on-chain" transition phase. As the Office of the Comptroller of the Currency (OCC), the Federal Deposit Insurance Corporation (FDIC), and the Federal Reserve begin to establish clear regulatory frameworks for stablecoins and tokenized deposits, cryptocurrency policies are moving from discussion to implementation. The research team led by analyst Ebrahim Poonawala stated that a recent series of regulatory approvals and rule proposals signify that the US financial system is laying the institutional groundwork for real-world assets and payments to go on-chain. OCC has recently conditionally approved five digital asset companies to obtain national trust bank licenses, which is seen as an important step toward the federal-level official acceptance of stablecoin issuance and crypto asset custody. These activities must be conducted in the form of trust services and meet strict requirements for liquidity, compliance, and risk management.

Ripple Labs officially launches its USD-backed stablecoin RLUSD multi-chain expansion pilot, marking Ripple's further deployment in the stablecoin and multi-chain infrastructure space. According to an official statement, RLUSD will be expanded to multiple Ethereum L2 networks, including Optimism, Base, Ink, and Unichain, through a pilot program before obtaining full regulatory approval. This expansion was completed in collaboration with Ripple and the cross-chain interoperability protocol Wormhole. Wormhole's cross-chain technology allows assets to be securely transferred between different blockchains and is regarded as a key infrastructure in the current multi-chain ecosystem. RLUSD has previously been issued on the XRP Ledger and Ethereum mainnet. Ripple stated that expanding to Ethereum L2 is crucial for building a more scalable, efficient, and interoperable financial system.

Recently, a high-severity security vulnerability disclosed in React server components has raised significant industry concern. The vulnerability, numbered CVE-2025-55182 and also known as React2Shell, has been actively exploited by multiple threat groups, affecting thousands of websites including cryptocurrency platforms, putting user assets at direct risk. This vulnerability allows attackers to execute remote code on affected servers without authentication. The React team publicly disclosed the issue on December 3rd, rating its severity at the highest level. Subsequently, Google Threat Intelligence Group (GTIG) confirmed that the vulnerability has been rapidly weaponized in real-world environments, involving both profit-motivated hackers and suspected state-sponsored attacks, targeting cloud-deployed, unpatched React and Next.js applications.

Golden Finance reports that the Bank of Thailand will attempt to regulate online gold trading.

The UK Financial Conduct Authority (FCA) is consulting on proposed rules for the cryptocurrency industry, with plans to implement regulation by October 2027. The report shows the proportion of adults holding cryptocurrencies has decreased to 8%. The proposal includes several measures, such as listing standards and preventing market manipulation, with feedback deadline set for February 12, 2026.

The probability of Kevin Warsh becoming the next Federal Reserve Chair has increased. Warsh supports interest rate cuts and balance sheet reduction but calls for regulatory reform, believes inflation stems from Federal Reserve policies, advocates returning to the price stability mandate, and holds a positive view on AI and deregulation.

Gate News Bot Message, December 16th, according to CoinMarketCap data, as of press time, COAI (ChainOpera AI) is reported at $0.66, up 10.27% in the past 24 hours, with a high of $0.65 and a low of $0.47, and a 24-hour trading volume of $34.3 million. The current market cap is approximately $123 million, an increase of $11.5 million from yesterday. ChainOpera AI is an AI Agent network centered on collaborative intelligence, created and owned by the community. The platform is built on three pillars: super AI applications, full-stack AI infrastructure, and AI-native blockchain. ChainOpera's core products include three major platforms: AI terminal applications connecting global professionals

BlockBeats News, December 16 — As Trump confidant pushes for Waller to become the next Federal Reserve Chair, the market’s betting odds on Waller becoming the new Fed Chair have surpassed Haskett, rising to the top. Deutsche Bank's Matthew Luzzetti team’s latest research report indicates that if Waller is elected Fed Chair, he may support interest rate cuts while simultaneously promoting balance sheet reduction (QT). However, the feasibility of pursuing both policies simultaneously depends on regulatory reforms that can reduce the banking system’s demand for reserves, and whether this can be achieved in the short term remains uncertain. As a popular successor to Powell, Waller earlier this year proposed the view that "inflation is a choice," believing that inflation is not caused by supply chains or geopolitical factors, but rather stems from the Fed’s own policy decisions. He called for the Fed and the Treasury to each be responsible for interest rates and fiscal accounts respectively, and emphasized that the Fed must reform and return to maintaining price stability as its core mission.

Amid the continuous decline of stocks related to cryptocurrencies over multiple days, "Woodie" Cathie Wood's ARK Invest once again demonstrates its consistent "buy the dip" investment style. On Monday, ARK increased its holdings in related stocks as the stocks of leading public companies in the crypto sector such as Bullish, Circle, and others continued to decline, attracting market attention. According to publicly disclosed information, ARK invested approximately $59 million in crypto concept stocks in this round. Among them are about $16.3 million in COIN, approximately $5.2 million in Bullish (BLSH), around $10.8 million in Circle Internet Group (CRCL), as well as an increase of about $17 million in Bitmine Immersion Technologies and approximately $9.9 million in CoreWeave.

Gate News Bot Message, December 16 — According to CoinMarketCap data, at the time of press, EDEN (OpenEden) is trading at $0.06, down 4.36% over the past 24 hours. It reached a high of $0.08 and fell back to $0.06, with a 24-hour trading volume of $21.6 million. The current market capitalization is approximately $11.7 million. OpenEden is building a bridge to the new financial system, aiming to unlock trillions of dollars in value by seamlessly and securely bringing real assets onto the blockchain. As a regulated, world-class, trusted platform, OpenEden is committed to real asset tokenization and driving innovation in DeFi. The platform offers two core products, TBILL and USDO, and has received backing from entities including BlackRock, Ripple, and S&P Global.

A certain whale invested $31.12 million in the AI Agent craze but liquidated after the market cooled down, recovering only $2.57 million, resulting in a loss of $28.54 million. Some tokens like AIXBT and FAI lost over 90%.

Golden Finance reports that a new round of liquidity has arrived, as the U.S. Treasury account decreased by $78 billion, marking the largest weekly liquidity injection since June. The Federal Reserve plans to purchase bonds and use MBS principal payments to further boost liquidity.

Gate News Bot Message, December 16th, according to CoinMarketCap data, as of press time, XRP (XRP) is currently priced at $1.87, down 6.47% in the past 24 hours, with a high of $2.17 and a low of $1.86. The current market capitalization is approximately $113.222 billion, a decrease of $7.832 billion compared to yesterday. The XRP Ledger is a fully decentralized public blockchain maintained by a global community of businesses and developers. The blockchain has demonstrated complete stability and security over more than 10 years of operation, handling over 63 million ledgers with zero error records. The XRP Ledger offers a smooth development experience, extremely low transaction costs, high performance, and sustainability, supporting developers to build projects with confidence. The platform has built-in powerful features such as a high-performance decentralized exchange, cross-currency payments, payment channels, multi-signature, and more, supporting all non-XRP assets to circulate on-chain in token form.

Gate News bot message: HYPE has closed below $27 on the 4-hour candlestick chart for the first time since May 20. A whale holding a 5x leveraged long position on HYPE is currently at a loss of over $17 million, with a liquidation price of $22.24.

Foresight News 消息，多链交易平台 Magic Eden 发推表示，其已上线 Ordinals 回购计划，平台手续费的 15% 将用于买入 Ordinals 并存入永久收藏系列，回购将自动进行。

Golden Finance reports that Bitwise Chief Investment Officer Matt Hougan announced that the 2026 top ten predictions will be released on December 17. It is expected that Bitcoin will break through the four-year cycle to reach a new all-time high, with volatility lower than Nvidia and a decreasing correlation with stocks. This trend is benefiting from the influx of institutional capital and improved regulatory policies.

A whale betting on ETH withdrew 21,850.15 ETH from the exchange between December 5 and 15, at an average price of $3,231, currently with an unrealized loss of $6.246 million. Currently, ETH is stored in five wallets, one of which is in a long position mode, collateralizing ETH to borrow USDT.

Gate News Bot Message, December 16th, according to CoinMarketCap data, as of press time, PIPPIN (pippin) is trading at $0.43, up 21.42% in the past 24 hours, reaching a high of $0.45 and dropping to a low of $0.17. The current market cap is approximately $432 million, an increase of $76.3 million compared to yesterday. Pippin is a warm and charming project dedicated to creating "Wobbly Worlds" — a place full of gentle miracles where kind words blossom like flowers, fostering warm connections. Pippin centers around its token, unicorn character design, and a technical framework based on BabyAGI experience, establishing an ecosystem that integrates community values and creative ideas. ## Important recent news about PIPPIN:

Odaily Planet Daily News: Grayscale predicts in its 2026 Outlook Report released on Monday that in the first half of 2026, driven by increased global macro-level demand for alternative value storage and improved regulatory clarity in the United States, Bitcoin prices will reach new highs. Grayscale believes this will mark the end of the so-called “four-year cycle” theory. The company points out that due to rising public sector debt and its potential impact on inflation, fiat currencies face increasingly severe devaluation risks, which could continue to boost demand for Bitcoin and Ether in investment portfolios. Grayscale expects that by 2026, the U.S. Congress will pass bipartisan legislation on the crypto market structure, solidifying blockchain-based finance’s position in the U.S. capital markets and promoting ongoing institutional investment inflows. The report also discusses the growth of the stablecoin market.

Gate News Bot message, December 16th, according to CoinMarketCap data, as of press time, PTB (Portal To Bitcoin) is currently trading at $0.00, up 25.31% in the past 24 hours, with a high of $0.00 and a low of $0.00, and a 24-hour trading volume of $10.5 million. The current market capitalization is approximately $8.09 million, an increase of $1.63 million from yesterday. Portal To Bitcoin is an infrastructure platform dedicated to establishing Bitcoin as a settlement layer for millions of on-chain and real-world markets. Through BitScaler technology, Portal achieves bridgeless cross-chain expansion of Bitcoin, maintaining trustlessness, fast speed, low transaction fees, and excellent user experience, while providing settlement services for millions of on-chain and real-world markets.

Gate News Bot Message, December 16th, according to CoinMarketCap data, as of press time, RAVE (RaveDAO) is trading at $0.44, up 41.22% in the past 24 hours, with a high of $0.64 and a low of $0.14, and a 24-hour trading volume of $178 million. The current market cap is approximately $101 million, an increase of $29.6 million from yesterday. RaveDAO is a global movement platform founded by music enthusiasts, serial entrepreneurs, early crypto adopters, and technology industry professionals. The project was launched in November 2023 as a 200-person party during a crypto conference and has since grown into large events averaging 3,000 participants. Each attendee receives an NFT as a participation credential, and 20% of the event proceeds are donated to charity organizations selected by the community. RaveDAO is committed to