According to Odaily, Tether has announced that its USDT token has been recognized as an accepted fiat reference token (AFRT) by the Abu Dhabi Global Market (ADGM). This recognition allows authorized entities licensed by the ADGM Financial Services Regulatory Authority (FSRA) to offer regulated activities involving USDT on various blockchains, including Aptos, Celo, Cosmos, Kaia, Near, Polkadot, Tezos, TON, and TRON.
This development builds on ADGM's previous recognition of USDT on Ethereum, Solana, and Avalanche, further expanding the application scope and network coverage of USDT within ADGM'

According to Foresight News, French publicly traded company Capital B has appointed Tracy Hoyos Lopez and Daniel Batten as strategic advisors to its board. They will oversee the international and institutional expansion of the company's Bitcoin treasury strategy.
Previously, Foresight News reported that Capital B increased its Bitcoin holdings by 5, bringing the total to 2,823.

Bitcoin(BTC) Drops Below 88,000 USDT with a 2.29% Decrease in 24 Hours
On Dec 07, 2025, 14:26 PM(UTC). According to Market Data, Bitcoin has dropped below 88,000 USDT and is now trading at 87,884.632813 USDT, with a narrowed 2.29% decrease in 24 hours.

XRP has defended its $2 psychological floor this week, rebounding nearly 6% on Tuesday following a brief liquidity sweep on Monday. Despite remaining in a multimonth downtrend since July, the $2.28–$2.30 resistance band now serves as a pivotal point for potential bullish continuation. A bullish daily close above $2.30 would confirm a break of structure, possibly leading to a move toward $2.58. XRP has shown aggressive movement between liquidity pockets in 2025, increasing the likelihood of a significant rally. Mildly negative funding and weakened open interest indicate bearish conditions, but

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Glassnode's analysis reveals a substantial increase in actual losses for short-term holders, with the 7-day moving average reaching $427 million per day. This marks the highest level since November 2022.
The analysis indicates that panic selling has peaked and intensified, surpassing the loss levels observed during the previous two major lows of the current cycle.

#BitcoinPriceWatch Bitcoin has crossed the 93,000 USDT benchmark and is now trading at 93,019.789063 USDT, with a narrowed narrowed 1.20% decrease in 24 hours.

Expanding the Portal Ecosystem: SocialFi
The link between social capital & onchain activity has never been stronger, but SocialFi users and liquidity are scattered across chains.
Portal is one of the most active chains in Web3 -with 1.6M+ users, $4.6B in 24hr.
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the Ethereum Foundation and Columbia University's School of Engineering have announced the establishment of the interdisciplinary Columbia-Ethereum Blockchain Protocol Design Research Center. The Ethereum Foundation will contribute up to $6 million to support the center's development, with a commitment to donate $500,000 annually for the first three years.

The Altcoin Season Index continues to reflect strong momentum in the cryptocurrency market, with a current score of 70/100, down slightly from yesterday's 72/100 but up significantly from last week's 50/100. This signals that altcoins are still outpacing Bitcoin in terms of market performance, with altcoin dominance remaining on the rise.

Ethereum's price recently fell below $4,700, currently trading at $4,687.38 per coin. Despite this decline, the cryptocurrency has seen a daily increase of 3.20%.

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