According to an article by crypto analyst Hanmu Xia published on Odaily Planet Daily, if the Federal Reserve cuts interest rates and resumes balance sheet expansion this week, tight liquidity will return to normal. He anticipates a general rise in US stocks, crypto assets, and precious metals markets this week and throughout December. He also cited his November 11th article, stating that the Fed is expected to stop shrinking its balance sheet in December and may restart expansion, resulting in a liquidity environment similar to October 2019. A truly significant easing cycle may not occur until May next year, "after Trump takes control of the Fed," similar to the situation in March 2020.

According to an article by Matrixport, as the FOMC meeting on December 10th approaches, market attention is increasingly focused on policy signals. While Bitcoin has stabilized somewhat, the current trend is insufficient to confirm the start of a new upward phase. Options market pricing implies approximately 5% downside, indicating that funds are still hedging against potential pullback risks. Matrixport points out that the market is generally in a deleveraging and position-reducing phase at the end of the year, and short-term rebounds are more often seen as opportunities to reduce positions than new buying signals. Seasonally, liquidity tightens around Christmas, often suppressing the sustainability of price movements. The current key range for bulls and bears is roughly around $91,500, and the overall assessment remains that volatility will continue to converge, with a relatively low probability of a strong breakout immediately after the FOMC meeting.

According to Odaily Planet Daily, Bitwise CIO Matt Hougan stated in an article on the X platform that Harvard University increased its Bitcoin investment from $117 million to $443 million in the third quarter. Simultaneously, it also increased its gold ETF allocation from $102 million to $235 million. Harvard decided to make a devaluation trade, with its Bitcoin allocation being twice that of gold.

According to Odaily Planet Daily, Hyperbot data shows that "1011 Insider Whale" has just added to his 5x leveraged long position in Ethereum, bringing his current position to approximately 54,514 ETH, with a liquidation price of approximately $1,801. Market data shows that since he opened his long position last night, the spot price of ETH has risen from the $2,950 range to the $3,110 range, an increase of over 5%. Some analysts believe that in the current illiquid market, the scale and attitude of "1011 Insider Whale's" long position could have an impact on the overall market.

Binance announced that it has obtained full regulatory approval from the Abu Dhabi Global Markets (ADGM) Financial Services Regulatory Authority (FSRA), and its global platform will officially operate under ADGM's international regulatory framework. In accordance with regulatory requirements, platform operations will migrate to a new three-entity structure to enhance transparency, oversight mechanisms, and risk management. From January 6, 2026, Binance services will be handled by three ADGM-licensed entities: Nest Exchange Services Limited: responsible for platform operations such as spot and derivatives trading; Nest Clearing and Custody Limited: responsible for clearing and custody, acting as a central counterparty for derivatives trading; and Nest Trading Limited: providing over-the-counter trading, instant swaps, and some wealth management services. This structure aligns with traditional financial regulatory models, strengthening platform risk isolation and user asset protection through the layering of matching, clearing, and custody functions. To coincide with the structural adjustment, Binance will update its user agreement. From January 5, 2026, users' rights and obligations under the original Terms of Use will automatically be assumed by the corresponding ADGM entity, and product-related terms will also be adjusted accordingly. The official statement said that the migration will not affect users' daily use: UID, balance, order records and available products will remain unchanged, and open derivative positions will be transferred to Nest Clearing and Custody Limited for clearing and custody.