Odaily Planet Daily reports that negotiations in the U.S. Senate over the Cryptocurrency Market Structure Act have not yet resolved multiple disagreements, and substantial progress may be delayed until January next year. The legislative text has been privately circulated among industry insiders, and industry executives briefly reviewed the current draft at a White House meeting on Thursday, hosted by President Donald Trump's crypto advisor Patrick Witt. The negotiations involve four parties: Senate Democrats, Republicans, the White House, and the crypto industry, with four major disagreements still to be resolved. These disagreements include ethical standards for government officials' involvement in digital assets, especially regarding President Donald Trump’s participation, whether stablecoins should be tied to yields, and the U.S. Securities and Exchange Commission (SEC)’s jurisdiction over tokens and its authority to regulate decentralized finance (DeFi). Patrick

Odaily Planet Daily reports that HaLLu has announced it has reached in-depth cooperation with 4 strategic partners. The four parties will collaborate comprehensively on ecosystem construction, liquidity support, technology refinement, and community operation to accelerate the project's progress. Additionally, HaLLu stated that the IDO is in the final sprint stage; the new charter and the next phase roadmap will also be announced soon.

Odaily Planet Daily News reports that according to Arkham monitoring, the suspected application chain infrastructure protocol TANSSI team address has added a total of 45 million tokens through multiple transactions (valued at nearly $700,000). This comes only about three weeks after the last large issuance of tokens, during which their team minted an additional 23 million TANSSI tokens, and then sent some of the tokens to exchanges.

Odaily Planet Daily reports that Pi Network announced the winners of its first Open Network era hackathon. The event received over 215 submissions of mainnet applications that meet the ecosystem requirements. The first place was awarded to BlindLounge, a privacy-first anonymous social dating platform that requires KYC verification of users and integrates Pi payments to enhance authenticity and prevent abuse. The runner-up, Starmax, offers a Pi-based loyalty rewards system for merchants and users. The third place went to RUN FOR PI, a fast-paced parkour game that directly incorporates Pi into its in-game economy system. Additionally, five applications received honorable mentions: Kindrek, Workflet for Pi, PallyPay, SimpleJoy, and Agora.

Odaily Planet Daily reported that the Florida State Attorney's Office seized approximately $1.5 million worth of cryptocurrencies in an investment scam case. The suspect's wallet reportedly holds cryptocurrencies such as AVAX, DOGE, PEPE, SOL, and Bitcoin. It is also reported that the Florida State Attorney's Office Cyber Fraud Enforcement Division has obtained a court order. The suspect has been charged with money laundering, major theft, and organized fraud. (Decrypt)

Odaily Planet Daily News: Chicago Federal Reserve President Goolsbee stated on Friday that he opposes the Federal Reserve's recent 25 basis point rate cut decision, believing that before further rate cuts are made, more data on inflation and the labor market should be awaited, especially given that businesses and consumers remain highly concerned about rising prices. Goolsbee is one of three officials who voted against the decision in the Fed's 9:3 vote this week. He advocates delaying the rate cut until early next year. He explained, “Given that inflation has been above the target for four and a half years in a row, progress has stalled in recent months, and nearly all the businesses and consumers we have contacted within our district regard prices as a primary concern, I believe a more cautious approach is to wait for more information.” He also stated that if future data show inflation is returning to the Fed's 2% target, he remains “optimistic that” rates could be “significantly lowered next year.” (Jin10)

Odaily Planet Daily reported that the S&P 500 Index closed at a new all-time high again on Thursday. While this is not uncommon in 2025, it has been six weeks since the last record was broken. Ed Clissold, Chief US Strategist at Ned Davis Research, said, “Considering that US companies continue to deliver strong earnings reports, and the US economy has proven to be resilient, the current market sentiment is far from euphoric, which means there is still room for further gains by the end of the year and into early next year.” Noticing that investor enthusiasm is not only subdued at Ned Davis Research, even though the stock market is at an all-time high. Barclays’ “Stock Market Euphoria Indicator” has stabilized but remains well below its early October peak, indicating that the market still has “dry gunpowder” to drive potential year-end gains. (Jinshi)

Odaily Planet Daily News: The Federal Reserve signaled this week its openness to continue cutting interest rates in 2026, which was welcomed by investors. The market had previously prepared for the central bank to implement "hawkish rate cuts," i.e., lowering the benchmark federal funds rate, while also strongly indicating a reluctance to make further adjustments. The US stock market rose along with bonds, with the Dow Jones Industrial Average climbing nearly 650 points (1.3%) on Thursday, reaching a new all-time high. Despite internal disagreements within the Fed and the release of complex signals on Wednesday, many still see signs that even a slight further softening of the labor market could prompt the central bank to cut rates again in the coming months. The Fed announced it will expand its balance sheet by purchasing short-term government bonds, an initiative aimed at easing recent pressures in the overnight lending market, which also reassured investors. Investors expect that the Fed will be very different next year, and Trump has already begun to target this week.

Odaily Planet Daily News: RaveDAO announces the RAVE airdrop ratio and distribution mechanism for Genesis Membership Pass holders. According to the announcement on December 12, the airdrop exchange ratio is: 1 RAVE Point = 2 RAVE. This airdrop has three wallet submission windows, corresponding to different RAVE distribution times: Window One - Submission Time: December 10, 2025, 08:00

Odaily Planet Daily reports that the Blockchain Game Alliance (BGA) stated in its latest annual industry report that the Web3 gaming industry is shifting from an early speculative phase to a development path that emphasizes sustainable economic models and product orientation. Overall market sentiment and maturity have shown a significant rebound. The report, based on a survey of over 500 global blockchain game practitioners, indicates that industry optimism has rebounded from a low point in 2024 to 65.8%, with the focus shifting from tokenomics design to high-quality game content, stable revenue models, and payment infrastructure supporting real business scenarios. BGA stated that the core marker of industry transformation is the "repositioning towards a sustainable economic system." The report recalls that Web3 games in 2021

Odaily Planet Daily News: The Japan National Tax Agency announced on December 11th that the tax investigation results for the 2024 fiscal year (from July 2024 to June 2025) show that a total of 613 on-site investigations were conducted on individual crypto asset (cryptocurrency) transactions, with a total tax recovery of approximately 4.6 billion yen, an increase of about 31.4% compared to 3.5 billion yen in the previous year. The number of investigations also increased by approximately 14.6% year-on-year. The National Tax Agency pointed out that cases related to cryptocurrencies have significantly higher single-transaction tax recoveries and underreported income amounts compared to the overall average for income tax on-site investigations. Currently, the focus of tax investigations includes the accuracy of profit and loss calculations, the completeness of transaction records, and the declaration and handling of special transactions such as DeFi, airdrops, mining, and staking; if multiple domestic and international exchanges are involved, all profits and losses must be consolidated in the declaration, otherwise it may be deemed as omission of declaration. Furthermore, the National Tax Agency

Odaily Planet Daily reports that US Treasury Secretary Janet Yellen is proposing significant adjustments to the government's approach to financial regulation and stability. Yellen will recommend changes to the work guidelines of the Financial Stability Oversight Council (FSOC), promoting a more relaxed regulatory environment and a freer approach. In a letter on Thursday, Yellen wrote: “The Council will collaborate with its member agencies and support their assessment of whether certain aspects of the financial regulatory framework constitute excessive burdens and negatively impact economic growth, thereby undermining financial stability.” FSOC was established after the 2008 financial crisis to monitor and respond to systemic risks, and Yellen serves as the chair of this council. This plan marks a shift away from the long-standing tendency of the council to strengthen regulation. Yellen will also establish a working group “to explore opportunities for AI to enhance the resilience of the financial system, while monitoring the potential risks that AI applications may pose to financial stability.”

Odaily Planet Daily reported that according to Onchain Lens monitoring, as the HYPE trading price drops below $27, a whale holding a 5x leveraged HYPE long position is currently experiencing an unrealized loss of over $16 million. The whale holds approximately 1,380,042 HYPE tokens, with a liquidation price of $22.18.

Odaily Planet Daily News: Cryptocurrency analyst Jason Pizzino's latest research indicates that Bitcoin price may not touch its long-term bottom until October 2026. Currently, BTC trading volume continues to decline, resembling the pattern seen from late 2022 to early 2023, which reduces the likelihood of a short-term bull market return. Meanwhile, CryptoQuant data shows that the share of large investors' deposits on exchanges has dropped from 47% in mid-November to the current 21%, with the average deposit size decreasing by 36%, indicating that selling pressure is weakening. If this trend continues, BTC price is expected to rebound to $99,000. Analysts point out that the 200-day simple moving average acts as a strong resistance, market risk appetite is insufficient, and Bitcoin may need to go through a consolidation period before a new round of market activity begins. (Cointele)

Odaily Planet Daily News: Nasdaq-listed diversified real estate and digital asset management platform Caliber announced that it has staked 75,000 LINK from its treasury with a Chainlink node operator, aiming to directly participate in the core infrastructure development of Chainlink network security and earn staking rewards. Caliber also stated that it will further increase the staking proportion in the future. (Globenewswire)

Odaily Planet Daily reports that the blockchain data visualization platform Bubblemaps issued a statement pointing out issues with the fairness of the Meme coin project PEPE. According to monitoring data, approximately 30% of the genesis PEPE supply is tied to the same entity, which sold tokens worth $2 million the day after issuance. (Cointelegraph)

Odaily Planet Daily reports that Paxos co-founder Chad Cascarilla stated that Paxos has applied to the SEC to become a clearinghouse. This move will enable Paxos to directly hold bonds and stocks and issue them natively on the blockchain, allowing users to hold actual underlying assets rather than derivatives.

Odaily Planet Daily News: The cryptocurrency trading platform Ave.ai officially released a major update for the Android version 2.3.06 today, focusing on optimizing user experience to create a more efficient and reliable trading environment for users. The new version is now available for download, and users can upgrade immediately. The iOS update with new features will also be released soon. Highlights of this update include: 1. New homepage design: The new homepage adopts a minimalist style, making the visuals cleaner. Users no longer need to search through layers; the homepage directly accesses the wallet and the popular Token trading area. 2. Bot copy trading system: An innovative Bot copy trading feature is directly integrated into the app, allowing users to follow experienced wallet addresses that are profitable with one click, and to copy their trading strategies in real-time. The system includes risk filtering mechanisms to help beginners avoid common pitfalls and make earning money simpler and more reliable. 3. Multi-signature wallet upgrade

Odaily Planet Daily reports that Ondo Finance's official account on X platform stated that the liquidity source for its stock tokenization platform comes from the stock market, mainly from Nasdaq and the New York Stock Exchange, rather than AMM pools, which makes slippage almost nonexistent during large-scale trades. Each stock token is fully backed by custodial shares and operates on a model similar to stablecoin reserves.

Odaily Planet Daily News reports that Alliance DAO co-founder qw shared his personal ranking of "the levels of competitive moats across different industries" today, and pointed out that the moat of blockchain itself is very limited, at approximately 3/10. qw's moat scoring system is as follows: 10/10 (Strongest Moat): Microsoft (Key SaaS), Apple (Brand + Ecosystem), Visa/Mastercard (Payment Network Effects), TSMC (IP + Physical Infrastructure) 9/10: Google (Search and AI IP), Amazon (E-commerce Network Effects + Logistics Infrastructure), Moody's, S&P, FICO (Regulatory Driven + Brand + Rating Network Effects), Major Cloud Providers (AWS/Azure/GCP, etc.) 8/10: Meta (Social Network Effects), NVIDIA (IP +

Odaily Planet Daily reports that, according to OnchainLens monitoring, a recently created wallet has received an additional 300 BTC (approximately $27.6 million) from GalaxyDigital. Including previous transfers, the wallet currently holds a total of 1200 BTC, valued at approximately $110 million at current prices.

Odaily Planet Daily reports that Michael Saylor posted on the X platform stating that Strategy has submitted a response to MSCI's consultation regarding digital asset treasury companies. The index standards should remain neutral, consistent, and reflect the development trends of the global market.