The French Financial Markets Authority has adjusted its policy to allow the retail sale of cryptocurrency index ETNs, removing the requirement for warning labels. This change aligns with the UK's upcoming policy relaxation and Nordic banks' plans for Bitcoin ETPs, and is expected to attract more investors to the market.

Blockchain startup Daylight launched the DayFi protocol on Ethereum on December 9, aiming to convert electricity into yield-generating crypto assets. Through the GRID stablecoin and sGRID token, the project funds solar installations to meet the growing demand for electricity and plans to expand into more markets.

Organized by: Bibi News
This interview was recorded at a recent A16Z Founders Summit, hosted by Anthony Albanese, CEO of A16Z Crypto. The guest is Abigail Johnson, Chairman and CEO of Fidelity Investments. The discussion revolves around Bitcoin and early mining, crypto custody, stablecoins, innovative investment models, and "self-built

Written by: arndxt_xo
Translated by: AididiaoJP, Foresight News
In a nutshell: I am bullish on risk assets in the short term because AI capital expenditures, consumption driven by the wealthy, and still relatively high nominal growth all structurally favor corporate earnings.
Put more simply: When the cost of borrowing drops, "risk assets" usually perform well.
But at the same time, I am deeply skeptical about the narrative we currently tell ourselves about what all this means for the next decade:
The sovereign debt problem cannot be resolved without some combination of inflation, financial repression, or unexpected events.
Fertility rates and demographic structure will invisibly limit real economic growth and quietly amplify political risks.
Asia, especially China, will increasingly become the core definer of both opportunity and tail risk.
So the trend continues—keep holding those profitable...

The Federal Reserve ended its balance sheet reduction on December 1, with bank reserves falling to historic lows and liquidity tightening further. The market is focused on the Fed's balance sheet strategy and future reserve management purchase plans, which are expected to possibly begin in 2026.

The European Commission has launched an antitrust investigation into Google to assess whether its use of web publishers’ and YouTube content in artificial intelligence applications violates competition rules. The investigation focuses on whether Google imposes unfair terms, distorts competition, and fails to provide adequate compensation or denies the right to choose authorization.

Written by: David, TechFlow
This Thursday (Beijing time), the Federal Reserve will announce its final interest rate decision of the year. Market expectations are highly aligned:
According to CME FedWatch data, there is over an 85% probability of a 25 basis point rate cut.
If realized, this will be the third consecutive rate cut since September, bringing the federal funds rate down to the 3.5%-3.75% range.
For crypto investors accustomed to the narrative of "rate cuts = bullish," this sounds like good news.
But the problem is, when everyone expects a rate cut, the cut itself ceases to be a driving factor for the market.
Financial markets are expectation machines. Prices don't reflect "what happened," but rather "what happened relative to expectations."
An 85% probability means the rate cut has already been fully priced in; when the official announcement comes early Thursday morning, unless there's an unexpected development, otherwise

According to DeepFlow TechFlow, on December 9, as reported by Jinshi Data, Paul Eitelman, Senior Director and Chief Investment Strategist for North America at Russell Investments, stated in a report that the Federal Reserve's interest rate decision on Wednesday appears to be a difficult choice. There is disagreement within the FOMC regarding how much "insurance" to provide for the economy—a rare combination of robust economic growth but weak employment growth. Russell Investments expects the Federal Reserve to make a "hawkish" 25 basis point rate cut, meaning the Fed may maintain cautious wording about the future direction of interest rates. Eitelman stated, "We expect the Fed to slow or stop the easing cycle in early 2026, with a terminal rate of 3.25% to 3.5%." He also pointed out that the current 10-year U.S. Treasury yield is 4.1%, higher than Russell Investments' fair value estimate, supporting a strategic allocation of duration risk in the portfolio.

According to TechFlow, on December 9, CoinDesk reported that the Zcash core development team, Shielded Labs, released a detailed proposal for a dynamic fee market aimed at addressing network congestion and rising transaction costs. The proposal suggests adopting a dynamic pricing mechanism based on the median fee of the previous 50 blocks and opening a priority channel during periods of high demand.
Currently, Zcash uses a static fee model, initially set at 10,000 zatoshi and later reduced to 1,000 zatoshi. Although the previous ZIP-317 proposal introduced a behavior-based billing method, it still maintained a predictable low-fee structure. With the rebound in ZEC prices, an increase in retail users, and growing institutional interest, developers believe that the current fee model is no longer sustainable.
The new proposal will be implemented in phases, beginning with

The article emphasizes the risks of day trading for ordinary investors in the cryptocurrency market, considering it a scam that leads to losses. The author shares personal experiences, revealing that high-frequency trading lacks an informational edge and is difficult to profit from consistently. The author advocates for low-frequency trading, recommends stopping in time to preserve profits, and reminds young traders to recognize that they are gambling, not engaging in skill training. Day trading is like a disguised casino, making people mistakenly believe it is an opportunity for profit, but in the end, it may result in complete losses.

According to TechFlow, on December 9, Circle announced via its official channels that Circle Internet Group (NYSE: CRCL) has obtained a Financial Services Permission (FSP) license from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM), allowing it to operate as a money services provider within this international financial center.
At the same time, Circle has appointed Dr. Saeeda Jaffar as Managing Director for the Middle East and Africa region. Dr. Jaffar previously served as Senior Vice President and Group Country Manager for the Gulf Cooperation Council at Visa. She will be responsible for leading Circle’s regional strategy, deepening partnerships with financial institutions and enterprises, and accelerating the adoption of trusted digital dollars and on-chain payment solutions in the UAE and the broader Middle East and Africa markets.

Kalshi CEO Tarek Mansour stated that competition with rival Polymarket has pushed both sides to work harder on marketing and product development, expanding the industry's scale and benefiting customers. Kalshi recently announced partnerships with CNN and CNBC, and completed a $1 billion financing round, bringing its valuation to $11 billion.