Reuters survey shows that most economists expect the Bank of Japan to raise interest rates by 25 basis points to 0.75% at the December meeting and to increase borrowing costs to at least 1% by the end of September next year. Inflation risks and yen weakness are prompting the government to support this decision.

IO.NET releases the simplified white paper of the Incentive Dynamics Engine (IDE), introducing a new token economic model to replace traditional inflation mechanisms. IDE aims to reduce the circulating IO tokens, ensure the health and sustainable development of the network, and plans to start collecting community feedback in 2025.

Polygon network upgrades through Madhugiri hard fork, increasing TPS to 1,400 transactions per second. The plan is to raise it to 5,000 transactions per second in the next 6 months, and further increase to 100,000 transactions per second within 12-24 months, aiming to become the world's preferred blockchain for payments.

Alliance DAO Co-Founder QW stated that he no longer seeks to win debates but is willing to compare the weighted index of self-selected public chains with the full-score project portfolio he listed, to explore the fundamental advantages of long-term investments in quality projects.

The Norges Bank announced that there is currently no need to issue a Central Bank Digital Currency (CBDC), as the domestic payment system is efficient, secure, and has an emergency mechanism. The central bank governor stated that if necessary, they will consider launching a CBDC, while also monitoring global digital currency developments and planning to release a research summary next year.

BlockBeats News, December 10 — After investing hundreds of billions of dollars to build the most expensive team in tech history for months, Meta CEO Zuckerberg is now deeply involved in daily R&D and is pushing the company's strategy toward directly monetizable AI models. According to sources, a new model codenamed "Avocado" is expected to be released in Spring 2026 and may be launched in a closed-source manner (i.e., strictly controlled by Meta and sold for access). This move marks a significant deviation from Meta's long-standing advocacy of an open-source approach. Zuckerberg is dedicating a large amount of time to a core team called TBD Lab, which, during the training of Avocado, even integrated third-party models including Google Gemma, OpenAIgpt-oss, and Alibaba Qwen. Meanwhile, M

The Federal Reserve will announce its interest rate decision on December 10th. The market expects a rate cut and possibly hints at a hawkish rate path for next year. Investors anticipate two more rate cuts by the end of 2026, with the benchmark rate remaining at 3.00%-3.25%. Analysts indicate that the new forecast reflects unease about rate cuts.

PANews December 10 News, according to bitcoinke, the South Africa FSCA-regulated crypto payment startup Ezeebit announced the completion of a $2.05 million seed round of funding, which will be used to accelerate product development and merchant expansion in South Africa, Kenya, and Nigeria. The company supports real-time settlement of stablecoins and next-day local fiat currency payments, having processed over 30,000 transactions. Investors include Raba Partnerships, Founder

ChainCatcher News reports that QCP issued a briefing stating that the Asian market opened relatively flat, with Bitcoin prices hovering around $92,000. Selling pressure has notably decreased, but overall market sentiment remains cautious. ETF capital inflows slightly rebounded to $56.5 million, after experiencing weekly redemptions exceeding $1.1 billion in November. Market focus has now shifted to tonight's Federal Reserve FOMC meeting. Although rate decision expectations are well priced in by the market, investors will closely watch Powell’s comments. Subsequently, the Bank of Japan’s meeting on December 19 will become the next risk catalyst, as Japanese government bond yields have risen to multi-year highs, potentially impacting USD/JPY arbitrage trading. Bitcoin has shown significant volatility this year, retreating from a mid-2025 high of $123,000 and currently trading between $90,000 and $93,000.

Shannon Saccoci, chief investment officer at Neuberger Berman, said that despite fluctuating expectations for the Fed's interest rate cuts, interest rates will eventually fall, accelerating the U.S. economy and providing upside for risk assets.

ZCash (ZEC) exploded strongly after its launch on an exchange on December 3, rising 30.8% in a short period of time, rising from $312.8 to $409.2, successfully breaking through the psychological mark of $400. The market generally believes that this wave of rise is driven by "synergy", but for traders, the profit margins from volatility are the key. According to the latest analysis, $360 is seen as a significant support level, which has now been successfully held, setting the stage for further gains. With $400 breached, ZEC's next key target is $480, and the technical structure is gradually moving in this direction.

Former derivatives protocol Aevo co-founder Ken Chan's "exit manifesto" quickly swept the Asian crypto circle this week. He posted a long post on X saying that he had "wasted eight years" in the crypto industry and bluntly stated that "I am not building a new financial system, I am just building a casino." This remark has sparked widespread resonance and controversy in the Chinese and South Korean communities, with millions of views. Chan's post is not only a professional reflection but also a collapse of personal ideology. He claimed to have been influenced by libertarianism and was enamored with the revolutionary idea of Bitcoin "crossing the border with a billion dollars." However, eight years of industry experience completely disillusioned him. He criticized the Layer 1 capital war for "burning everyone's money", and projects such as Aptos, Sui, Sei, and ICP did not bring real financial innovation, but only "competed to become the next Solana". His conclusion is sharp: "We don't need to build a Mars casino. ”

Tidal Trust has filed an application with the U.S. Securities and Exchange Commission (SEC) to launch the industry's first "Bitcoin AfterDark ETF" (Bitcoin AfterDark ETF), which aims to capture Bitcoin's price fluctuations during non-trading hours in the United States. The product is designed to hold Bitcoin only at night, while switching to Treasury bonds and money market funds during the day to improve the overall return-risk ratio. According to the application documents, the overnight ETF will buy Bitcoin after the US stock market closes and sell quickly after the opening of the next day. Daytime assets are allocated to low-risk instruments such as U.S. Treasuries and cash. While the ETF may be full of Bitcoin overnight in terms of overnight nominal positions, its capital structure is more defensive during the day.

According to a CNBC survey, although 84% of respondents expect Hassett to take over as Fed chairman, only 11% think he is suitable. Most are worried about Hasset's independence and policy implementation, with 76% believing that the next chairman will be more dovish and 51% worried that he will cater to the president's wishes.

U.S. Senators Gillibrand and Lummis stated at the Blockchain Policy Summit that the Senate is accelerating the advancement of a market structure bill covering the crypto industry, with plans to have it signed by Trump. Despite discussions about ethical risks, the bill is still expected to be completed in early 2026.

Trump stated that he will begin final interviews for the next Federal Reserve chair candidate. Although Kevin Hassett is the leading contender, the decision has not yet been finalized. He may wait until early 2026 to publicly announce the new chair.

According to a report by Jinse Finance, Justyna Zabinska-La Monica, Senior Manager and Head of Business Cycle Indicators at The Conference Board, stated that the US Leading Economic Index declined again in September, marking the second consecutive month of decline. The overall contraction in the index was mainly driven by weakened expectations from consumers and businesses. The main components dragging down the index included consumer expectations, the ISM New Orders Index, new orders for manufactured consumer goods and raw materials, initial jobless claims, and the yield curve. However, some components provided positive contributions, such as stock prices, the Leading Credit Index, and new orders for non-defense capital goods excluding aircraft. The indicator trend suggests that US economic activity will slow down from the end of 2025 to early 2026. Overall, economic growth remains fragile and uneven, as businesses face the dual challenges of tariff policy adjustments and weakening consumer momentum. US GDP is projected to grow by 1.8% in 2025, and in 2026...

According to Jinse Finance, sources revealed that Meta may release a new large language model called Avocado in the first quarter of 2026 to further compete with companies such as Google and OpenAI.

PANews, December 9—Decentralized AI model platform FLock.io announced that it is partnering with AI-native liquidity infrastructure project Deluthium and Aerodrome, the central liquidity hub on the Base blockchain, to jointly build the next-generation on-chain inclusive finance platform CARiFIN. This platform will accelerate deployment with the United Nations Development Programme (UNDP) and governments in the Latin America and Caribbean (LAC) region. The collaboration aims to address core bottlenecks such as lack of trust, insufficient liquidity, and compliance challenges in the current microinsurance market, providing timely and efficient insurance support to underserved populations in the region—especially women. To build this highly trusted backend system, all partners will leverage their core strengths and work together. The model trained by FLock.io will serve as the computational brain of this microinsurance platform.

Antalpha announced today that its XAU₮ physical gold redemption service is now available in Hong Kong, offering customers next-day delivery. In partnership with LBMA member Malca-Amit, secure gold storage is ensured, and starting from December 12, redemption services for institutional clients are available for amounts over 2 kilograms.

Wintermute stated that recent market trends reflect limited investor interest before policy clarity, and cryptocurrencies may continue to trade within a range, mainly influenced by liquidity and positions. Decisions by the Federal Reserve and the Bank of Japan will be key, while capital efficiency has become a market priority.

Odaily Planet Daily News: In November, the US NFIB Small Business Confidence Index rose to 99.0, up 0.8 points from October, with six out of ten sub-indices showing an increase, mainly driven by improved sales expectations. However, the Uncertainty Index rose by 3 points to 91, partially offsetting the optimism. Labor market conditions remain concerning, and the overall situation is still severe. About 33% of business owners reported job openings in November (previous value: 32%), marking the first increase since June and significantly higher than the historical average of 24%. There were positive signals in employment expectations, with about 19% of business owners planning to add employees in the next three months, up 4 percentage points from October and reaching the highest level of the year. Inflation remains a major concern in the November data, with the proportion of business owners raising average selling prices increasing from 21% in October to 34%.

This article summarizes cryptocurrency news for December 9, 2025, focusing on the latest Bitcoin updates, Ethereum upgrades, Dogecoin trends, real-time cryptocurrency prices, and price predictions. Major Web3 events today include: 1. The US CFTC has launched a pilot program allowing BTC, ETH, and USDC to be used as collateral in the derivatives market; 2. Tether participated in an $80 million investment in the Italian humanoid robotics company Generative Bionics; 3. The US Bureau of Labor Statistics: October PPI data will not be released for now and will be published together with November data in January next year.

At the recent Bitcoin MENA conference, Michael Saylor made it clear that Strategy (MSTR) will not issue perpetual preferred stock (“digital credit”) in Japan within the next 12 months, stating that the “12-month head start” will be left to Japanese listed company Metaplanet. This move has drawn more attention to Metaplanet’s strategy in the Japanese perpetual preferred stock market, which has long been inactive, with only five companies in all of Japan currently qualified to trade perpetual preferred stock. Metaplanet CEO Simon Groverich pointed out that the company plans to enter this market with two new products, “Mercury” and “Mars,” becoming the sixth and seventh companies in Japan to issue perpetual preferred stock. Among them, Mercury is positioned as the Japanese version of Strategy STRK, with an annualized yield of 4.9%, denominated in yen and convertible, which is much higher than the generally less than 0.5% yield of Japanese bank deposits and money market funds. Mercury is currently in the pre-IPO stage, with the goal of listing in early 2026. The second product, Mars, models Strategy’s short-term high-yield credit product STRC, targeting investors seeking short-term returns.

According to Gate News Bot on December 9, citing CoinMarketCap data, as of press time, MON (Monad) is currently priced at $0.02, down 10.32% in the past 24 hours, reaching a high of $0.03 and a low of $0.03. The current market capitalization is approximately $286 million, down $32.941 million from yesterday. Monad is a next-generation, Ethereum-compatible, high-performance blockchain offering 10,000 TPS, sub-second finality, low fees, and scalable decentralization. As the highest-performance EVM blockchain, Monad is fully compatible with the EVM at the bytecode level, which means Solidity contracts, EVM addresses, infrastructure, tools, and libraries can be used out of the box. The network is composed of over 200 validators, enabling true daily-level decentralization. Monad adopts a self

Bitwise Chief Investment Officer Matt Hougan predicts that as investors' attention to digital assets deepens, cryptocurrency index funds will become popular in 2026. He believes that these types of funds are a good starting point for investment, even though the market is complex and it is difficult to predict the performance of individual tokens. In the next decade, the importance and market size of cryptocurrencies may grow significantly.

Jinse Finance reported that Reserve Bank of Australia (RBA) Governor Michele Bullock emphasized at a press conference that inflation risks are tilted to the upside, and pointed out that inflation and employment data will be crucial for the February meeting next year. Regarding the current meeting, Bullock stated that the possibility of a rate hike was not explicitly considered, nor was a rate cut option, but there was discussion about situations where policy tightening might be needed. However, Bullock said that if inflation remains persistently high, the RBA may need to consider raising interest rates. As for the future path of interest rates, Bullock expressed a data-driven, meeting-by-meeting approach to decision-making. Bullock said, "We will not pre-judge the timetable for future actions, and will make decisions on a meeting-by-meeting basis." (Jin10)

ChainCatcher news, Bitcoin-based stablecoin protocol BSD has officially launched the Dual Stacking feature. Users who lock sBTC collateral in the BSD Vault can now simultaneously earn a 5% sBTC annualized yield. This means the same collateral can serve two roles at once: securing the user's credit line and earning Bitcoin yield. The Vault will begin generating yield in the next Stacking cycle (around December 3), with the first batch of yield expected to be distributed around December 17. According to BSD officials, the protocol's minimum annualized borrowing rate is currently 0%. The borrowing cost for some Vaults is about 0.1%, and after earning a 5% yield on collateral, users' net borrowing cost can drop to -4.9%, meaning users are effectively paid to borrow.

The market generally expects Powell to be replaced by Trump advisor Hassett, but traders have low expectations for future Fed monetary policy easing, projecting only 75 basis points of rate cuts by the end of the year. This is mainly because the inflation rate is expected to remain around 3%, with the real interest rate close to zero.

Singapore stablecoin payment service provider MetaComp has completed a $22 million Pre-A round of financing, with participation from multiple institutions. The funds will drive the expansion of its StableX Network, supporting real-time cross-border settlement and compliance monitoring. MetaComp's business covers more than 30 markets and is expected to expand into regions such as Southeast Asia over the next three years.

MegaETH announced that its mainnet beta "Frontier" will open next week, marking the project's entry into the final development stage. The testing period is expected to last one month, focusing on real-time execution features, aiming to simulate the mainnet environment and optimize performance, with the official mainnet launch expected in January 2026.

John E Deaton, a lawyer who supports cryptocurrency, stated on the X platform that tokenization will be at the core of next-generation finance, and multiple legislative initiatives will be launched to address issues such as the economy, healthcare, housing, and the wealth gap. He emphasized the need to provide practical solutions and to incorporate tokenization into them. Deaton plans to challenge Senator Ed Markey in the midterm elections next year.

PANews, December 9—According to Jintou, the U.S. Bureau of Labor Statistics (BLS) has announced that it will not release a Producer Price Index (PPI) press release for October 2025. Due to a funding interruption (which caused a government shutdown), the BLS is delaying the collection of data for the October reference period. The BLS plans to release the October data together with the November 2025 PPI press release on January 14, 2026.

The UK Financial Conduct Authority (FCA) has released a discussion paper proposing reform measures to enhance the investment culture and is seeking feedback from the crypto industry. The FCA emphasizes the need to adjust client classification and conflict of interest rules to avoid potential risks associated with high-risk investments, and requires relevant businesses to submit feedback early next year.

U.S. Treasury yields rose to a two-month high as the global bond market declined, with investors focusing on upcoming bond auctions and the Federal Reserve’s rate decision. The Treasury Department adjusted its auction schedule, and the market expects the central bank may continue to cut rates, with attention on inflation and future outlook.

Ethereum co-founder Vitalik Buterin has recently proposed the creation of a “trustless on-chain gas futures market,” aiming to allow users and developers to lock in future gas costs in advance to hedge against uncertainties caused by transaction fee volatility. This proposal quickly sparked heated discussions within the community and drew skepticism from several industry experts. Buterin stated on X that although Ethereum has significantly reduced network congestion through several recent scaling upgrades, users are still concerned about whether transaction fees will remain low over the next two years. He suggested establishing a system similar to a “base fee prediction market,” enabling users to pre-purchase gas for specific time periods and allowing the market to transparently reflect expectations for future gas fees. Gas fees have long experienced sharp fluctuations due to changes in network activity. During periods of high activity in NFTs, DeFi, or popular tokens, fees often spike rapidly, making it difficult for users to plan costs in advance. With Ethereum’s recent Fusaka upgrade, the block gas limit has been raised to 60 million and network structure has been optimized, leading to some easing of gas volatility, but the long-term trend remains uncertain.

This week, Bitcoin traders are facing a dense schedule of U.S. economic data and policy events, including the FOMC rate decision, a speech by Federal Reserve Chairman Powell, JOLTS job openings, and initial jobless claims—four key indicators. These data points will directly influence market sentiment and determine the next phase for Bitcoin. The FOMC rate decision is considered the most impactful event for the crypto market this week and will be announced on Wednesday. CME data currently shows the market expects an 87% probability of a rate cut. Easing policies are generally positive for Bitcoin. After experiencing volatility over the weekend, Bitcoin has remained stable above $90,000, indicating resilient buying interest. However, the market widely believes that the Fed’s forward guidance will have a greater impact than the rate cut itself.