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At the Blockchain Association Policy Summit, U.S. Senators Gillibrand and Lummis stated that the "Crypto Market Structure Bill" is expected to have its draft released by the end of this week, with revisions and hearings scheduled for next week. The bill aims to establish clear boundaries for digital assets by adopting a classification-based regulatory framework, clearly distinguishing between digital commodities and digital securities, and providing a pathway for exemptions for mature blockchains to ensure that regulation does not stifle technological progress. The bill also requires digital commodity trading platforms to register with the CFTC and establishes a joint advisory committee to prevent regulatory gaps or overlapping oversight. Summary generated by Mars AI. The accuracy and completeness of this summary, generated by the Mars AI model, is still being iteratively updated.
Boosted by expectations of further easing from the Federal Reserve, gold has risen for four consecutive days. Technical indicators show strong bullish signals, but there remains one more hurdle before reaching a new all-time high.
Against the backdrop of relatively accommodative expectations in both China and the US, which suppress asset downside volatility, and with extreme fear and capital sentiment not yet fully recovered, ETH remains in a favorable "buy zone."
- 11:41The 171st Ethereum Consensus Layer Core Developers Meeting Confirms Glamsterdam Upgrade Will Retain Trust Payment Function and Remove FOCILAccording to ChainCatcher, based on Christine Kim's summary of the 171st Ethereum Consensus Layer Core Developers Meeting (ACDC), the meeting mainly discussed retaining trusted payments as a component of the embedded proposer-builder separation (ePBS) in the Glamsterdam upgrade, while officially removing the Fork Choice Inclusion List (FOCIL) feature. In addition, the Fusaka upgrade was successfully launched on the mainnet on December 3, and the subsequent blob parameter hard fork was smoothly activated on December 9, with the network operating stably. The meeting also discussed proposals such as EIP 7688, 8061, and 8080, and plans to begin planning the Heka upgrade in January next year, while considering changing its star name to one that meets the standards of the International Astronomical Union.
- 11:41Phantom announces the launch of prediction market Phantom Prediction MarketsJinse Finance reported that the crypto wallet application Phantom announced on X that it has launched Phantom Prediction Markets, a prediction market supported by Kalshi. This platform allows users to participate in prediction trading in areas such as sports, cryptocurrency, and culture. The service is expected to be rolled out to eligible users in the coming week.
- 11:41Tether plans to raise up to $20 billion through a stock offeringJinse Finance reported, citing Bloomberg, that Tether plans to raise up to 20 billions USD through a stock offering and will consider tokenizing the shares after the sale is completed. According to sources familiar with the matter, Tether executives are considering various options, including stock buybacks and storing the company's shares digitally on the blockchain through tokenization after the transaction is completed. The sources revealed that at least one existing shareholder previously planned to sell shares at a price far below the company's 500 billions USD valuation, but Tether intervened to block the plan. The sources said Tether's management is concerned that sell-offs by existing investors could affect its massive fundraising. Due to the confidential nature of the information, these individuals requested anonymity. One of the sources stated that the company currently has no plans to allow existing shareholders to sell shares in this round of major fundraising. Tether investor Blockchain Capital had considered selling some of its shares before Tether's fundraising plans were announced, but later decided not to proceed. The source also added that Tether's management did not attempt to prevent Blockchain Capital from selling shares.