December 13th. Informed sources revealed that due to several key unresolved disputes, negotiations in the U.S. Senate regarding the cryptocurrency "Market Structure Bill" may be delayed until January next year. This bill is currently the most critical lobbying target in the crypto industry, but as the holidays approach, a multi-party game among Democrats, Republicans, the White House, and the crypto industry has yet to reach a consensus.The core issues still to be finalized include: government officials' involvement in the ethical standards of digital assets (especially involving former President Trump), whether stablecoins can be linked to yields, the U.S. Securities and Exchange Commission's (SEC) scope of authority in token regulation, and the regulatory boundaries of Decentralized Finance (DeFi). Despite the differences, the pace and intensity of the Senate negotiations remain high, and industry lobbyists are hopeful that the bill will enter formal committee consideration in the coming weeks.

December 13, in the past 24 hours, the cumulative net outflow of Ethereum from CEX was 69,300 ETH, with the top three outflow amounts from CEX as follows:· Coinbase Pro, outflow of 72,900 ETH;· Gate, outflow of 265.93 ETH;· Gemini, outflow of 25.75 ETH.In addition, Bybit saw an inflow of 2,031.03 ETH, ranking first in the inflow list.

December 13th, Tokenization platform Huma Finance, blockchain debt provider Obligate, and TradeFlow Capital announced at the Solana Breakpoint conference that the three parties have reached a partnership to collaborate on providing Solana-based stablecoin liquidity for global rare earth mineral trading.

December 13, according to Farside Investors, this week saw a net inflow of $209.1 million into the US-based Ethereum spot ETF.

December 13th, according to Reuters, the publicly traded Bitcoin treasury company Strategy will continue to stay in the Nasdaq 100 Index, retaining its position in the Nasdaq 100 Index, extending its one-year tenure as a constituent stock in the benchmark index. This move comes amid analyst questions about its business model.Some market observers believe that Strategy's pioneering business model, based on "buying and holding Bitcoin" and having spawned dozens of imitators, is closer to an investment fund rather than a traditionally operated company. At the same time, concerns about the sustainability of "crypto asset treasury companies" in the market continue to escalate. The stock prices of such companies have been proven to be highly sensitive to Bitcoin price fluctuations.Global index provider MSCI (MSCI.N) also expressed concerns about including digital asset treasury companies in its index system. MSCI is expected to decide in January next year whether to exclude Strategy and similar companies from its index.

December 13th, according to Coinglass data, if Ethereum breaks through $3200, the cumulative short liquidation intensity of mainstream CEXs will reach 868 million.Conversely, if Ethereum falls below $3000, the cumulative long liquidation intensity of mainstream CEXs will reach 1.289 billion.BlockBeats Note: The liquidation chart does not accurately display the exact number of contracts to be liquidated or the precise value of contracts to be liquidated. The bars on the liquidation chart actually represent the importance of each liquidation cluster relative to neighboring clusters, that is, the intensity.Therefore, the liquidation chart shows to what extent the price of the underlying asset will be affected when it reaches a certain position. A higher "liquidation bar" indicates that the price, when reached, will experience a more intense reaction due to a liquidity surge.

December 12, OpenAI released GPT-5.2 (Instant/Thinking/Pro) after an internal acceleration in "code red." The new version focuses on enhancing capabilities in tables, PPTs, code, long contexts, and tool invocation, making it closer to real-world workflows. It is stated that some benchmarks have caught up with or even surpassed Google's Gemini 3. BiyaPay analysts pointed out that GPT-5.2 demonstrates a more prominent efficiency value in scenarios such as investment research material organization, operational automation, and customer service ticket summarization. However, when it comes to content involving key decision-making and compliance requirements, manual review, permission isolation, and result verification should still be performed to prevent misuse and biases. BiyaPay supports USDT trading for US stocks, Hong Kong stocks, and futures, and provides zero-fee trading for digital currency spot contracts. Users can follow and participate in AI industry-related market opportunities through BiyaPay.

December 13th, Farhaj Mayan, FORMA Mayor of the Solana Economic Community, stated at the Solana Breakpoint Conference that Kazakhstan is strategically adopting Solana as core infrastructure to systematically advance the country's cryptocurrency and blockchain strategy.Key initiatives include establishing a Solana Economic Zone, launching the Tenge stablecoin, facilitating a dual-listed IPO on AIX and Solana, nurturing 1000 Solana developers, creating a national-level crypto asset reserve, and planning to build a CryptoCity with blockchain at its core. These efforts demonstrate their determination to deeply integrate blockchain into the national financial and industrial system.

December 13, according to Coinglass data, in the past 24 hours, the total net outflow of BTC from CEXs was 426.48 BTC. The top three CEXs by outflow volume are as follows:· Coinbase Pro, outflow of 1,119.30 BTC;· Binance, outflow of 862.13 BTC;· Bitstamp, outflow of 94.85 BTC.Additionally, Kraken saw an inflow of 1,150.41 BTC, ranking first in the inflow list.

December 13, Scott Lucas, Managing Director and Head of Digital Asset Markets at J.P. Morgan, stated at the Solana Breakpoint Conference:「I believe this community embodies many amazing innovations, and people are full of an exploratory spirit. By combining these two, you will begin to understand—where the business opportunities come from and how they relate to the core proposition of economic growth, this is itself a part of the grand narrative. Therefore, I think the key is to truly engage, integrating that entrepreneurial spirit and innovation into the exploration of opportunities.Not all innovations are entirely suitable for regulated markets, and that is normal. Some are aimed at retail users, and some focus on other markets, but there are inevitably key elements that are highly insightful to us, worthy of deep engagement, and learning. Even if some things are temporarily beyond our business scope, drawing inspiration from these sparks of ideas and driving the discussion forward is still crucial—because that's how markets evolve. The more pioneering and adventurous concepts emerging in the Solana ecosystem tend to eventually crystallize into mature solutions suitable for regulated markets, which is a highly ideal development path.Innovation stems from such collisions of ideas and comprehensive debates. Being immersed in it, listening closely to the industry's pulse, and absorbing the essential nutrients within is a journey of immense value in itself.」

December 13th, according to Farside Investors monitoring, this week's net inflows for US Bitcoin spot ETF reached $286.6 million, including:BlackRock IBIT: +$214.1 millionFidelity FBTC: +$84.5 millionBitwise BITB: +$24.6 millionARK ARKB: -$11.1 millionJPM BTCO: +$6.5 millionFranklin EZBC: +$8.1 millionVanEck HODL: -$25.2 millionWisdomTree BTCW: +$1.0 millionGrayscale GBTC: -$38.7 millionGrayscale BTC: +$22.8 million

December 13th, according to Coinglass data, if Bitcoin falls below $88,000, the cumulative long liquidation intensity of mainstream CEXs will reach $1.071 billion.Conversely, if Bitcoin surpasses $92,000, the cumulative short liquidation intensity of mainstream CEXs will reach $1.057 billion.BlockBeats Note: The liquidation chart does not show the exact number of contracts to be liquidated or the exact value of contracts being liquidated. The bars on the liquidation chart actually represent the relative importance of each liquidation cluster to neighboring liquidation clusters, or intensity.Therefore, the liquidation chart shows to what extent the price of the underlying asset will be affected when it reaches a certain level. A higher "liquidation bar" indicates that when the price reaches that point, a more intense reaction will occur due to a liquidity cascade.

December 13th, according to Coinglass data, the current mainstream CEX, DEX funding rates show that the market is still overall bearish. The specific funding rates for mainstream coins are shown in the attached image.BlockBeats Note: Funding Rate is a fee set by cryptocurrency exchanges to maintain the balance between the contract price and the underlying asset price, usually applicable to perpetual contracts. It is a fund exchange mechanism between long and short traders, and the trading platform does not charge this fee. It is used to adjust the cost or profit of traders holding contracts to keep the contract price close to the underlying asset price.When the funding rate is 0.01%, it represents the baseline rate. When the funding rate is greater than 0.01%, it indicates a generally bullish market. When the funding rate is less than 0.005%, it indicates a generally bearish market.

December 13, according to Arkham monitoring, two wallet addresses belonging to the same whale (9uuDsd and 9jnPPD) today during the early hours transferred a total of 2.299 billion PUMP tokens to FalconX, worth approximately $6.3 million. Historical data shows that this whale has been continuously accumulating PUMP tokens for over three months, but entered near the price peak, and then accumulated more during several market downturns. Now, if they sell these tokens, they may realize a loss of approximately $5 million.

December 13th, according to Decrypt, Florida prosecutors have seized around 1.5 million US dollars in cryptocurrency related to an overseas suspect (Chinese citizen Tu Weizhi). The wallet contained AVAX, DOGE, PEPE, and SOL. The State Attorney's Office's Economic Crimes Unit has obtained a court order to freeze assets held by Tu Weizhi. Tu Weizhi is currently charged with money laundering, grand theft, and organized fraud.Florida authorities stated that if Tu Weizhi attempts to enter the United States, he will be arrested. Investigators noted that this seizure action stemmed from an investigation. The investigation began in July 2024 when a resident of Orange County reported a loss of $47,421. The resident had wired the money to what appeared to be an online investment scheme. The investigation ultimately traced this funding to a wallet controlled by Tu Weizhi.