Gate News bot message, A significant cryptocurrency movement has been recorded as a whale address executed a substantial withdrawal of 5,000 ETH, equivalent to $15.51 million, from centralized exchanges. The transaction was conducted by the wallet address: 0x8bEb929cCFEa91b1E057c6143A7913AFEa915Aa4

Gate News bot message, a significant crypto whale has returned to HyperLiquid after a 7-month hiatus, depositing $1.38 million in USDC. The whale proceeded to open a short position on HYPE with 1x leverage. Records show that this whale's previous trading activities had generated profits of $1.14 mil

ChainCatcher reports that Tether has announced its stablecoin USD₮ has been recognized as a “fiat-referenced token” (AFRT) by the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM). This recognition has been extended to several major blockchain networks, including Aptos, Celo, Cosmos, Kaia, Near, Polkadot, Tezos, TON, and TRON, following previous approvals for Ethereum, Solana, and

Tether's USDT has been recognized at the Abu Dhabi Global Market as a fiat-referenced token, allowing regulated activities across multiple blockchains. This move expands USDT's use in ADGM, promotes global financial innovation, and strengthens Abu Dhabi's position as a digital financial hub.

This article summarizes cryptocurrency news on December 8, 2025, focusing on the latest Bitcoin updates, Ethereum upgrades, Dogecoin trends, real-time cryptocurrency prices, and price predictions. Major Web3 events today include: WisdomTree launches a new tokenized fund, bringing options income strategies to the blockchain; Bittensor will have its first halving on December 14, reducing daily TAO issuance to 3,600 tokens;

Pi Network has rolled out a new Self-Unblock KYC tool, giving suspended users a direct way to resolve their verification issues without waiting for manual review. The feature targets Pioneers whose KYC checks were stuck due to incomplete steps or flagged documentation, allowing them to complete missing verification details, confirm their information, and submit an unblock request entirely within the app. The goal is to reduce delays and accelerate Mainnet migration, especially for users who have

BlockBeats news, on December 8, QCP released its daily market commentary stating that BTC experienced sharp fluctuations in the $88,000 to $92,000 range on Sunday, while ETH also quickly surged from $2,910 to $3,150. As year-end liquidity continues to decline, the market has become particularly sensitive to small capital flows. However, despite the strong volatility, liquidation volumes remain small, indicating that market participation and positions have continued to decrease this quarter. The open interest of the two major assets’ perpetual contracts has dropped 40–50% from the highs in October, and retail sentiment has returned to bearish levels. Meanwhile, supply is tightening significantly. In the past two weeks, about 25,000 BTC have been withdrawn from exchanges, and for the first time, ETF and corporate holdings have exceeded exchange balances; ETH exchange reserves have also fallen to a near ten-year low, indicating that while retail investors are exiting, long-term capital is quietly accumulating. Market focus

The Cardano ecosystem has undergone a key upgrade, with major CEXs officially supporting Midnight network’s native token NIGHT, drawing strong attention from the market. Following the announcement, ADA’s price surged over 4% within just a few hours, with trading volume rising sharply and overall market sentiment turning noticeably positive. On December 8, the exchange announced the listing of Midnight’s NIGHT token and stated that eligible users could claim an airdrop via Alpha points after trading opens on December 9. More details regarding asset support and trading pairs will be released gradually. According to Midnight’s official response, listing the NIGHT token on the platform will not only expand its user base but also promote the adoption of Web3 privacy technology and accelerate global acceptance of zero-knowledge privacy networks.

According to Gate News Bot on December 8, citing CoinMarketCap data, as of press time, ZEC (Zcash) is currently trading at $390.45, up 15.61% in the past 24 hours. The highest price reached $404.16, while the lowest dropped to $302.75. The 24-hour trading volume reached $912 million. The current market capitalization is approximately $6.414 billion, an increase of $866 million compared to yesterday. Zcash is the first cryptocurrency to use zero-knowledge encryption technology to achieve private peer-to-peer payments, offering encrypted electronic cash services. ZEC uses end-to-end encryption to protect user privacy and is a decentralized protocol, with users retaining control over their own funds. ZEC's transaction speed is faster than Bitcoin, and transaction fees are typically just a fraction of a cent, while also supporting the sending of private information in transactions. ZEC is supported by many major exchanges and its ecosystem offers a variety of wallet options, including the Zashi mobile wallet, Edge Wallet, and more.

The Supreme Court of British Columbia, Canada, has approved the forfeiture of cash and gold worth approximately $1 million linked to QuadrigaCX co-founder Michael Patryn, transferring ownership to the provincial government. This action is regarded as the province's largest and most significant enforcement operation to date under the "Unexplained Wealth Order" (UWO) framework, highlighting the region's stringent crackdown on money laundering activities and assets of unknown origin. According to the Vancouver Sun, Patryn did not contest the forfeiture order, allowing the court to proceed with liquidating the assets previously seized. These assets include 45 gold bars, luxury watches, jewelry, and over $250,000 in cash. Court documents obtained by CoinDesk indicate that the civil forfeiture judgment will officially take effect in September 2025, granting British Columbia full ownership of the items seized in March 2024.

Farcaster is undergoing a major transformation of its core strategy, abandoning its long-held “social-first” approach in favor of in-app wallet and trading features as its primary growth engines. Co-founder Dan Romero stated in a recent announcement that for the past four and a half years, the team had been trying to drive growth through social interaction and a third-party client ecosystem, but had never managed to find a sustainable expansion model similar to Twitter (now known as X), resulting in a clear disconnect between the product and the market. Romero noted that the wallet feature launched earlier this year has become Farcaster’s strongest source of user growth to date, as well as the product with the fastest increase in user engagement. He emphasized that the wallet’s trading tools demonstrate the clearest and most stable product-market fit the platform has seen in five years, and therefore will become the core focus for future development. “We are now focused on building a truly outstanding wallet. Every new wallet user is a new protocol user.”

VTB, Russia's second-largest bank, is planning to launch a regulated spot cryptocurrency trading service in 2026, targeting high-net-worth and qualified investors. This move marks the first official entry of a major Russian bank into the spot cryptocurrency market, and also indicates that Russia is accelerating the implementation of its digital asset regulatory framework under the pressure of international sanctions. According to local media reports on December 3, VTB has already begun testing crypto trading services with select high-net-worth clients. The bank emphasized that in the future, this service will be limited to qualified investors who meet specific portfolio size or income standards and will not be fully open to the general public. The move aims to provide a diversified asset allocation channel for a limited range of clients under controllable regulatory conditions.

Driven by expectations that the Federal Reserve may cut rates by 25 basis points this week, cryptocurrencies rose in tandem with Asian stock markets on Monday. Bitcoin prices edged up to around $91,300, gaining 2% over the past 24 hours and up more than 6% over the past week, continuing last week’s rebound. However, BTC still faces significant resistance near $94,000. FxPro analyst Alex Kuptsikevich pointed out that this rally is still part of a corrective structure, but if momentum continues, Bitcoin has a chance to further test the $98,000 to $100,000 range.

As major cryptocurrencies rebound, trading activity of meme coins across various networks has picked up. Within the Solana ecosystem, the meme coin Franklin recorded a trading volume of over $20 million, with a market cap surpassing $13 million. Analysts note that PIPPIN is under strong bullish control, with trading volume reaching $20.9 million. In the BSC ecosystem, the meme coin DOYR's market cap once surged to $20 million. BlockBeats reminds investors to exercise caution in the face of price volatility.

PANews, December 8—According to The Block, Grayscale Research analyst Will Ogden Moore said: “Bitcoin’s history shows that even with reduced rewards, a decrease in supply can enhance network value, as Bitcoin’s network security and market value have been strengthened through four consecutive halvings. Similarly, Bittensor’s first halving marks an important milestone in the network’s path to maturity, as it moves toward the 21 million token supply cap.” Moore noted that Bittensor is currently experiencing strong adoption momentum, with growing institutional interest. Moore pointed out that the launch of dTAO this February was a major achievement for Bittensor. This mechanism enables subnets to receive direct investments, resulting in a significant expansion of their total market capitalization. Moore wrote: “We believe that certain subnet-based...

ChainCatcher news, according to the RootData calendar page, next week includes multiple major events such as project updates, macroeconomic news, token unlocks, incentive activities, and presale events. Details are as follows: December 8: Stable will launch its mainnet. December 9: US November New York Fed 1-year inflation expectations will be released. December 10: US 10-year Treasury auction winning yield for December 9 will be announced. December 11: The Federal Reserve FOMC will announce the interest rate decision and summary of economic projections; Federal Reserve Chair Powell will hold a monetary policy press conference. December 12: APT will unlock 10.935 million tokens, valued at $19.5737 million, accounting for 1.486% of the circulating supply;

Paradigm co-founder Matt Huang stated that the current crypto industry is at a major moment similar to Netscape and the iPhone, with operations on an unprecedented scale and accelerated development at both the institutional and cypherpunk levels.

Gate News bot message, Whale trader identified as pension-usdt.eth has established a significant leveraged position in Ethereum. The trader opened a 2x long position on 20,000 ETH, valued at $60.93 million, with an entry price point of $3,040.92. The position's liquidation price is set at $1,190.

a16z points out in a recent article that Bitcoin faces issues with governance efficiency and proactive migration, making it urgent to shift to quantum-resistant digital signatures. If the community cannot reach consensus, a hard fork may occur. In addition, holders must proactively migrate their assets, and millions of bitcoins vulnerable to quantum attacks could lose protection as a result.

Gate News bot message, French banking group BPCE has officially introduced cryptocurrency trading services for its customers, according to The Big Whale. This development marks a significant step in traditional banking's integration with digital assets. The major French bank now enables its customer

PANews, December 5—According to Jintou, Joanne Hsu, Director of the University of Michigan's Consumer Survey, stated that the preliminary December consumer sentiment index rose by 2.3 points to 53.3, an increase within the margin of error. This month's growth is mainly concentrated among younger consumer groups. Although views on current conditions have changed little, expectations have improved—personal financial expectations rose by 13%, and the trend of improvement is seen across all age, income, education, and political orientation groups. However, the December personal finance expectations index is still nearly 12% lower than at the beginning of the year. Labor market expectations have improved slightly but remain relatively sluggish. Consumers believe some indicators have improved slightly compared to November, but overall sentiment remains generally cautious, with the burden of high prices continuing to be cited as a major ongoing pressure. Looking ahead, one-year inflation expectations fell from 4.5% in November to 4.1% in December, the lowest level since January 2025.

Layer-2 network Base has officially integrated with the Solana ecosystem, launching the Base-Solana bridge, which leverages Chainlink’s CCIP protocol to enable seamless cross-chain transfers of SOL and other Solana assets. This move transforms Base from an Ethereum-focused Layer-2 network into a major liquidity hub, greatly enhancing interoperability between the two ecosystems. The Base-Solana bridge ensures security through a multi-layer validation model, with Base’s backing CEX and Chainlink CCIP nodes acting as independent validators to verify all token transfer messages. This mechanism effectively safeguards cross-chain asset security. Johann Eid, Chief Business Officer of Chainlink Labs, stated that with Chainlink CCIP, Base is driving the industry toward a more reliable standard of interoperability.

According to Bloomberg, BlackRock’s iShares Bitcoin Trust (IBIT) has recently experienced significant outflows, setting a record for consecutive weeks of net outflows since its launch in January 2024, indicating that institutional demand for Bitcoin remains weak. Bloomberg data shows that in the five weeks ending November 28, investors withdrew more than $2.7 billion from the ETF, with another $113 million redeemed on Thursday, putting the fund on track for its sixth consecutive week of outflows. IBIT manages assets totaling over $71 billion and has long been an important tool for traditional investors to gain exposure to Bitcoin. The ongoing outflows are in line with the bearish trend that followed a major liquidation event in early October, when over $1 trillion was wiped from the crypto market’s capitalization. Although Bitcoin has recently rebounded in price, the persistent ETF outflows highlight a marked shift in market sentiment.

PANews, December 5—According to PeckShieldAlert, the stablecoin project USPD has suffered a major security breach, resulting in a loss of approximately $1 million. USPD's official team confirmed that the protocol was exploited, with the attacker minting tokens without authorization and draining liquidity. The team has urgently warned users to immediately revoke all token approvals for the USPD contract. The USPD protocol has confirmed it was hit by a "CPIMP" attack. During the deployment phase, the attacker front-ran the initialization of the proxy via Multicall3, seized admin privileges, and disguised themselves as an audited implementation contract. The team stated that the issue was not a contract logic bug; the attacker concealed their access for several months before upgrading the proxy, minting about 98M USPD, and transferring around 232

Bitcoin continued to trade sideways near $92,000 on Friday, failing once again overnight to break through $93,000, which further solidified the recent consolidation range. The current market structure is still dominated by bears suppressing prices in the mid-$93,000 range and bulls providing support around $91,000, but neither side has enough momentum to establish a clear trend. Looking at the past month, Bitcoin remains in a downward structure since the early November high, and the recent rebound has even formed a lower high, suggesting that the corrective trend remains unbroken. The weak momentum and rapid pullback after rebounds indicate that liquidity above $93,200 is still thin. If $91,000 is breached, key support lies in the $90,000–$90,500 range; to the upside, a breakout above $93,200 is needed to reverse the short-term downtrend.

The cryptocurrency market is experiencing a major event today—over $4 billion in options are set to expire, involving major assets such as Bitcoin, Ethereum, Ripple (XRP), and Solana (SOL). Traders generally expect another round of significant short-term volatility in the market, and before next week’s Federal Reserve FOMC interest rate decision, the total crypto market cap may fall below $3 trillion again. In the past 24 hours, there have been $270 million in liquidations in the crypto market. Coupled with rising US Treasury yields, Japanese bonds, and gold prices, Bitcoin and major assets have come under downward pressure. Although BTC, ETH, XRP, and SOL saw a brief rebound during today’s session, the overall technical structure remains weak.

Gate News bot message, A significant whale trader is currently maintaining a 20x leveraged long position of 537.83 BTC, valued at $49.1 million, according to data from CMMHyperTracker. The position, which has been held for 24 days, currently shows a floating loss of $4.49 million. However, this mar

Gate News bot message, A significant "perp to spot" whale trader has established a new 20x leveraged long position of 4,046.83 ETH, with a total value of $12.72 million. The position is currently showing a floating loss of -$240,400, with a liquidation price set at $738. The trader's overall perfor

Gate News bot message, latest ETF flow data as of December 4 shows varying trends across major cryptocurrency funds. Bitcoin ETFs recorded a negative one-day net flow of -349 BTC (-$32.19M), while maintaining a positive seven-day net flow of +1,211 BTC (+$111.79M). Ethereum ETFs demonstrated stro

Jinse Finance reported that Meta Platforms (META.US) CEO Mark Zuckerberg is expected to significantly reduce resource investment in building the metaverse, a strategy he once defined as the company’s future and which prompted the rebranding of Facebook. According to sources familiar with the matter, management has discussed cutting next year’s metaverse division budget by as much as 30%. This division covers virtual world product Meta Horizon Worlds and its Quest virtual reality business. If such a substantial reduction is implemented, layoffs could begin as early as January next year, though no final decision has been made yet. Sources said the proposed metaverse cuts are part of the company’s 2026 budget planning. They added that Zuckerberg has asked Meta executives to seek an overall 10% budget cut, a standard requirement in similar budget cycles over the past few years.

Gate News bot message, blockchain data shows that a significant whale address identified as 0x97BD has executed another substantial withdrawal of 10,000 ETH (equivalent to $31.91 million) from centralized exchanges. The transaction occurred 2 hours ago. Following this withdrawal, the whale's total E

BlockBeats News, December 4—Wolfe Research stated that now is a good time to buy cryptocurrencies on dips. The current crypto market is showing a clear divergence between bulls and bears, creating a potential buying opportunity. The firm still expects Bitcoin’s interim bottom to be around $75,000, even after Bitcoin rebounds and regains the $90,000 level. However, Wolfe also pointed out that Bitcoin ETF inflows remain weak and digital assets overall continue to be under widespread downward pressure. From a technical perspective, the crypto market has returned to a key long-term support area, which has served as a turning point for prices multiple times in the past. Momentum indicators are improving, and Bitcoin’s current rebound is seen as constructive. Wolfe believes the next major test is the 50-day moving average at $101,000.

Pacifica exchange has distributed 10 million weekly points, allocated to active users based on trading volume. Traders can enjoy a minimum 0.028% trading fee and 0% maker fee. Recently, high-frequency trading addresses have been active, with a slight increase in platform trading volume. Most high-leverage positions are in major cryptocurrencies, and some addresses are profitable.

PANews, December 4—According to Bloomberg, thanks to a record £9 million ($12 million) donation from crypto investor Christopher Harborne, the Reform UK party led by Nigel Farage received more donations in the third quarter than any other UK political party. This indicates that the business community and wealthy individuals are taking the party's lead in opinion polls seriously. From July to September, Reform UK received £10.3 million in donations, the ruling Labour Party led by Keir Starmer received £2.2 million, and the main opposition Conservative Party received £4.7 million. These figures do not include public funds provided by the government to opposition parties. Although quarterly political donation data tends to fluctuate significantly, the amount raised by Reform UK surpasses all other major parties in the UK, highlighting the party's growing prominence in the country's political landscape. Despite

Pi Network is ramping up its communication efforts as anticipation grows around the upcoming December 2025 unlock of 190 million PI tokens. In a new announcement, the core team positions Pi as a global Web3 opportunity rather than a purely technical blockchain project, using bold and futuristic messaging to highlight its mobile-first vision. The team believes Pi’s simplified onboarding model can help millions enter the digital economy faster than traditional blockchain platforms. A major

In December, the crypto industry showed three major rapid growth trends: an explosion in Web3 consumer finance, U.S. policy fueling a surge in the robotics sector, and the prediction market entering a phase of high trading volume competition. These areas may become the most promising investment directions in 2026.

Ethereum price has risen 5% within 24 hours, reclaiming the $3,200 mark, with market sentiment significantly improving. This surge is mainly driven by two factors: the official launch of the Fusaka upgrade and continued accumulation by whales and "shark wallets." Fusaka, Ethereum's second major upgrade this year, has been officially launched. The core change is the introduction of PeerDAS technology, which allows validators to process smaller data segments, increases network throughput efficiency, and significantly reduces transaction costs. This upgrade marks a key step forward for Ethereum's scalability and long-term performance goals, and has received positive feedback from both developers and the user community.

CryptoQuant analysis indicates that the velocity metric of the XRP Ledger has surpassed its annual high, reflecting enhanced network economic activity and a significant increase in on-chain transaction volume. High liquidity suggests active market participation. Analysts warn that this surge in on-chain activity could signal major market changes, and investors should pay close attention.

According to Gate News Bot on December 4, citing CoinMarketCap data, as of press time, EDEN (OpenEden) is trading at $0.08, up 11.76% in the past 24 hours, reaching a high of $0.09 and a low of $0.07. The current market capitalization is approximately $15.4 million, an increase of $1.62 million from yesterday. OpenEden is committed to building a bridge to a new financial system by bringing real-world assets on-chain. Its mission is to introduce real-world assets into DeFi to unlock trillions of dollars in value. OpenEden is a regulated, world-class, and trusted platform that is redefining finance and the tokenization of real-world assets. Recent major news about EDEN: 1️⃣ **Strategic financing successfully completed, attracting multiple well-known institutions** OpenEd

Gate News 机器人消息，预测市场在11月实现了新的里程碑，总交易量达到143亿美元，较10月增长了54%。 交易活动由三大主要平台主导：Kalshi以58亿美元的交易量位居首位，其次是