This article will sort out MiCA's regulatory framework for EU stablecoin issuers and provide a compliance reference for companies and individuals entering the EU crypto market.

According to a report from Glassnode, if the market falls further, Bitcoin could drop to the sub-$88,000 region before continuing its march toward the $100,000 threshold. The report highlights a critical “gap” as BTC’s rapid rise has resulted in little trading activity between $76,000 and $88,000, creating an unexplored price range that could attract market attention if the current pullback persists. However, this price behavior is natural during the price discovery phase, which typically involves cycles of increases, corrections, and consolidation to establish a stable price range. Observing supply distribution during the price discovery phase is crucial to revealing supply and demand areas that could influence Bitcoin’s trajectory.

Lawmakers in Brazil’s Chamber of Deputies have proposed allocating 5% of the country’s $370 billion treasury to a strategic Bitcoin reserve. The proposed Bitcoin bill would limit Brazil’s Bitcoin reserves to approximately $18.5 billion.

Crypto asset management company Bitwise Asset Management announced that NYSE Arca, a subsidiary of the New York Stock Exchange, has submitted a 19b-4 application document to list a Bitwise exchange-traded product (ETP), which will hold both Bitcoin and Ethereum spot weighted by market value, providing exposure to both assets. According to the submitted documents, the ETP will directly hold both assets. The launch of the ETP is subject to the approval of the Form 19b-4 document and the effectiveness of the Form S-1 registration statement.

The incoming Trump administration wants to expand the powers of the Commodity Futures Trading Commission (CFTC), giving it the authority to regulate a large portion of the digital asset market. The move is part of a broader effort by President-elect Donald Trump and the Republican majority in Congress to weaken some of the Securities and Exchange Commission's regulatory authority over the digital asset industry under President Biden and outgoing SEC Chairman Gary Gensler.

Minutes from the Fed's most recent policy meeting showed broad support among Fed officials for being cautious about future rate cuts as the economy remains solid and inflation cools slowly. "Participants anticipated that if data progressed in a manner similar to expectations, inflation continued to decline persistently toward 2 percent, and the economy remained near maximum employment, a gradual shift to a more neutral stance of policy over time would likely be appropriate," according to the minutes.

I think Ethereum has no substantial innovation or large-scale application now, which can be felt from the market enthusiasm and capital flow. On the contrary, Solana has a bit of the flavor of Pinduoduo. Although I don’t hold Solana, I like this kind of story of change.

According to Dune data, Pump.fun accounted for 62.3% of Solana’s decentralized exchange (DEX) trading volume in November, while its trading value accounted for 42.3%. In the past three months, the platform has contributed an average of more than 60% of Solana’s DEX trading volume.

Pump.Fun transferred 99,999 SOL (worth approximately $22.74 million) to the Kraken exchange. As of now, the address has accumulated 893,242 SOL, with an average price of $164. In addition, Pump.Fun has accumulated 1,487,066 SOL through its operations, currently worth approximately $344.85 million.

Aims to discover and fix critical vulnerabilities in Uniswap v4 core contracts. Uniswap v4 is the latest iteration of the Uniswap protocol, adding a new "hooks" function that allows developers to customize pools, transactions, fees, and liquidity provider (LP) position interactions.

Ethereum Layer-2 expansion solution Starknet officially launched the crypto staking function, becoming the first Ethereum L2 network that supports users to earn income by staking tokens. Users holding at least 20,000 STRK (about $12,000) can become a validator, and the staked assets are used as collateral to verify transactions and receive rewards; users holding less than 20,000 STRK can entrust the tokens to the validator for staking.

The Central Bank of Morocco (Bank Al Maghrib) has drafted a law to regulate crypto assets and is currently in the process of passing it.