LiquiditySurfer

【BlockBeats】The US cryptocurrency regulatory landscape is quietly changing.
Since entering the second year of the Trump administration, the SEC and CFTC, the two major regulatory agencies, have shifted from past power struggles to substantive cooperation. Behind this change is a re-evaluation of the crypto market by both agencies.
On the SEC side, Chairman Paul Atkins is pushing forward several major initiatives: establishing a "token classification system," promoting the Project Crypto initiative, and innovating exemption mechanisms. A more tangible result is the approval of multiple crypto ETFs for listing, and the focus on asset tokenization as a core regulatory tool. In other words, the SEC is moving from "regulation" to "classification management."
The actions of the CFTC are equally noteworthy. Since taking office, new Chairman Michael Selig has...

【Crypto World】Just noticed a major trading move—an institutional investor placed a large order on the Ethereum USDT trading pair. The transaction occurred at a price of 2985 USDT, quickly acquiring over 670 ETH, with a total transaction amount exceeding 2 million USDT. Such a level of trading volume is still quite noticeable in the market and may indicate the attitude of institutions or large funds towards the current price level. The market has been quite interesting these past two days.

【Crypto World】A major European energy company has officially connected its biomass power generation project in the Caceres region of Spain to the grid. This 50 MW power plant can generate 380 GWh annually, equivalent to reducing over 187,000 tons of CO2 emissions—comparable to the annual carbon emissions of tens of thousands of cars.
More interestingly, what practical impact does this project have? The power plant consumes 275,000 tons of biomass each year, mainly from forestry residues, which helps clear forest waste, reduce fire hazards, and invigorate the local forestry economy. During construction, it directly created over 400 jobs, and ongoing maintenance can provide about 30 long-term positions.
The project uses a 20-year fixed-price contract, a stable business model that remains attractive in the energy sector. From carbon reduction and employment stimulation to ecological optimization, such projects are becoming benchmarks for Europe's energy transition. Compared to the recent discussions in the crypto circle about carbon credit tokenization.

【Crypto World】Starting in 2025, Ethereum is experiencing a significant wave of market pressure. On-chain data is in front of us—more than 40% of Ethereum supply is in loss, what does this indicate? Most people are trapped. Even more heartbreaking, the proportion of profitable holdings has dropped from over 75% at the beginning of this month to 59%, a clear decline in a short period.
Interestingly, major figures in the circle are beginning to have disagreements. Well-known holders like Erik Voorhees and Arthur Hayes are rebalancing, swapping tokens, or directly offloading their Ethereum positions—they are speaking with their actions. But on the other hand? Other major whales, despite showing significant unrealized losses on paper, are actually increasing their positions, with no signs of withdrawal.
What does this opposing behavior behind their holdings reflect? The market has not reached a consensus on Ethereum's prospects. Exchange reserves are increasing, while ETFs are experiencing outflows, and institutions and

Canton Coin increased by 27% over the past week, mainly due to a trust and clearing institution announcing the tokenization of some U.S. Treasury bonds on the Canton network, marking the integration of traditional finance and blockchain. This provides compliant support for tokenizing real-world assets and has attracted market attention.

A whale increased its holdings by 210,000 SOL after holding for a week, investing approximately $25.2 million. The total long position expanded to $740 million, but there is an unrealized loss of $59.96 million. Despite the unrealized loss, the whale chose to continue accumulating SOL at low levels, and the market responded with positive attention.

【CryptoWorld】In the past 4 hours, DOGE's performance has been quite bleak. The price not only broke through previous lows but also formed a large bearish candlestick, closing even below the opening price. Overall, it shows a clear downward trend.
Interestingly, despite the falling price, trading volume has increased. What does this indicate? Selling pressure is continuously accumulating, and market bearish sentiment is fermenting.
From a technical perspective, the MACD performance is the most noteworthy. The histogram has been in the negative zone and is gradually lengthening, indicating that the bears are quite strong and the market lacks a clear upward trend. The KDJ indicator shows a neutral state, with a value of 53, and no golden cross or death cross signals have appeared yet, suggesting the direction is still uncertain.
For traders looking to position, consider the following key levels: if bullish, you might consider gradually building positions around 0.12 or 0.1266, but set a stop-loss at 0.1262 for protection.

【Crypto World】 Recently, Bitcoin's performance has been quite interesting — oscillating repeatedly within a relatively narrow range, with the strength of the bears gradually diminishing. This suggests some signs of stabilization. However, the price still remains below the key moving averages, and further rebounds will need to face resistance around $91,333. Looking downward, the support at $86,286 must hold, or there is still room for further decline.
From the order book perspective, buyers and sellers have temporarily formed a delicate balance. The bulls show no intention of retreating around the middle of $87,000, while the bears have established a defensive line between $87,745 and $87,900, slowing down the rebound momentum. Both sides are active, and this standoff is likely to continue in the short term.

Ark Invest recently increased its holdings by 101,537 shares, with an investment of approximately $897,000, demonstrating an optimistic attitude towards technology and innovation sectors. This change in holdings reflects institutional investors' confidence in the market and is worth paying attention to.

Every time Bitcoin hits a new all-time high, many people lament that they wish they had invested earlier. In fact, early investors were adding to their positions against the prevailing negative market sentiment. Behind Bitcoin's price surge are those investors who persevered through adversity; mindset and timing are often more crucial.

The capital flow of US spot ETFs shows a clear divergence, with Bitcoin ETFs experiencing a net outflow of 2873 BTC, Ethereum seeing a short-term net inflow of 13,500 BTC but still facing medium-term selling pressure, and SOL continuously receiving capital inflows, indicating that institutional investors' interest in it is rising. This reflects an increasing divergence in market expectations for different assets.

The recent cryptocurrency market has experienced significant volatility, but the MGC token has shown stability with a high holder retention rate. The core reason is that MGC has real application scenarios, and users have a strong willingness to hold, attracting prudent investors and demonstrating relatively moderate fluctuations. This emphasizes that the key to token retention lies in its actual utility value.

The Philippines' cryptocurrency market policy has shifted, with the National Telecommunications Commission requiring ISPs to restrict access to 50 unauthorized trading platforms. Several mainstream exchanges such as Coinbase and Gemini have been blocked, and users face market access barriers. The regulatory attitude has shifted from lenient to strict, and in the future, only platforms authorized by the central bank will be able to operate stably.

【BiTu】Recently, the precious metals market has been booming. Gold, silver, and platinum—these traditional safe-haven assets—are repeatedly hitting new all-time highs. Spot gold even briefly touched $4,525 per ounce, with this year's increase already exceeding 70%. According to market data, silver and platinum have also performed remarkably well, reaching new highs.
The logic behind this wave of market movement is not hard to understand. Geopolitical instability has led to a significant influx of safe-haven funds; coupled with market expectations of future interest rate cuts, the appeal of traditional precious metals naturally rises.
Interestingly, this gold rally has also sparked ripples in on-chain assets. As the prices of underlying assets surge, their digital counterparts naturally become new focal points of discussion. Gold tokenization exemplifies this idea—products like XAUm are backed by real physical gold, and through token structures, the value of gold is transferred onto the blockchain.
Think about it—this is essentially combining traditional safe-haven assets with the DeFi ecosystem.

Bitcoin spot ETFs have recently experienced capital outflows, with a single-day outflow of $189 million on December 23, marking the fourth consecutive day of outflows. Products from BlackRock and Fidelity saw significant outflows, indicating an institutional withdrawal trend. However, the overall size of the spot ETFs remains stable, and short-term fluctuations have limited impact on the market.

The cryptocurrency industry is currently exploring the division of labor between tokens and equity. Jake Chervinsky points out that policy relaxation provides opportunities for the collaboration of tokens and equity, but transparency is crucial. Tokens carry on-chain value, while equity serves as a tool for off-chain value. Each project needs to choose the appropriate model based on its own situation, and future considerations regarding the use of tokens and equity are necessary.