The Hyperliquid project has clarified external doubts, denying allegations of insufficient solvency and volume manipulation, emphasizing the transparency of the system and the openness of its governance mechanism. At the same time, the project explained the design of smart contracts permissions, the chain freezing mechanism, and the liquidation methods, pointing out that the design and operation of all functions comply with safety and transparency standards.

[Block Rhythm] The Central Bank of Russia recently made an interesting discovery.
Elvira Nabiullina, the governor of the Central Bank, admitted that cryptocurrency mining may be driving up the ruble exchange rate, although the specific contribution is difficult to measure accurately. This statement is not unfounded—Maxim Oreshkin, deputy head of the presidential administration, previously pointed out that the government's insufficient attention to mining and cryptocurrency-related capital flows has directly led to frequent failures in ruble exchange rate predictions, which in turn impacts the forex market.
What is even more noteworthy is that the Central Bank of Russia has already begun to take action. They are deeply assessing the real volume of the cryptocurrency and mining market and even plan to incorporate this data into the balance of international payments—meaning that mining income could become a regular component of official economic statistics.
From a global perspective, Russia's mining position cannot be underestimated. According to statistics from the Russian Industrial Mining Association, Russia ranks second in the world mining map, during the summer.

Analysis of the commodities market indicates that since gold prices hit bottom in October, supported by seasonal factors, the expected drop in year-end volume will maintain the rise. Historical data shows that the average return rate for gold in December is 1.1%, with a probability of a pump at 52%. Currently, there are still no signals of a peak for gold, and the technical outlook shows that upward space still exists.

On December 22, an interesting phenomenon occurred in the market - the gold-silver ratio approached its lowest level in nearly five years, currently quoted at 60.027.
It seems that the price of gold is soaring, reaching new historical highs. Spot gold has first broken through the $4,400/ounce mark, with a cumulative increase of nearly 68% this year. But this is not the most impressive number yet.
Silver's performance is even more fierce. Spot silver has also first stood above $69/ounce, with a cumulative increase of an astonishing 139% so far this year. In comparison, silver's increase is more than twice that of gold. This is also why the gold-silver ratio continues to decline — silver is appreciating relative to gold.
For friends who are concerned about traditional precious metals or asset allocation, this data is worth noting. Especially in the current context of increasing market volatility, the performance of precious metals as a safe-haven asset becomes particularly meaningful for reference.

[比推] The Japanese stablecoin project JPYC recently announced its partnership with the South Korean IT company ITCEN GLOBAL, and both parties will engage in deep cooperation in the fields of stablecoin research and cross-border financial innovation.
This collaboration is quite promising. The two institutions focus on policy sharing and practical experience exchange, creating conditions for cross-border stablecoin circulation and asset tokenization (RWA) between Japan and South Korea. In simple terms, it aims to combine the two popular tracks of digital currency and traditional asset tokenization.
ITCEN

[Coin World] In the last 4 hours, the DOGE trend has shown a fluctuating upward pattern. Compared to previous periods, the price has rebounded from the morning low, with the last Candlestick closing positively and the Closing Price higher than the Opening Price. Notably, the Trading Volume has significantly increased, indicating heightened activity from both buyers and sellers, and the combination of price and Trading Volume rising together demonstrates strong upward momentum.
From a technical perspective, several signals are worth noting. The KDJ indicator has generated a golden cross, with the current KDJ value around 17, indicating a rebound phase in the oversold area. In terms of moving averages, the MA10 has crossed above the MA30, which is a sign of a bullish formation. The MACD histogram has not yet formed a clear signal, and the overall trend is in a state of fluctuation, still in the confirmation phase.
The support and resistance levels are relatively clear. The support below is around 0.1252, and the resistance above is at 0.1355. The recent high is 0.13288, and the low is 0.12026, with the fluctuation range gradually defined.
Based on these technical indicators,

[Chain News] UXLINK has been quite active recently. The project party has just announced a governance proposal, the core content of which is to use monthly profits to buy back UXLINK Token, with a buyback scale of no less than 1% of the monthly profit. These repurchased tokens will be included in strategic reserves for long-term holding.
From the market reaction, this news has been recognized. In the last 24 hours, UXLINK has risen by 9.37%, and the current price is $0.01225. This combination of token buyback and strategic reserve actually increases the project party's leverage, which is beneficial for long-term value support.

A senior executive from a well-known exchange predicts that Bitcoin will pull back to $124,000 in the short term, then stabilize at support, and may break through $200,000 in 2026. He also mentioned that improved liquidity will be favourable information for Ethena's ENA Token and other encryption assets.

[Block Rhythm] Recent on-chain data has revealed an interesting signal. The inflow momentum of Bitcoin is slowing down, which has become particularly apparent after nearly two and a half years of continuous rise.
What's more concerning is that the realized price has hardly moved this month. This is not a small matter—it usually reflects the true momentum of the market. To truly revive sentiment, the market may need a few months of buffer time.
In other words, although the momentum of Bitcoin is still there, the acceleration of growth is clearly decelerating. This adjustment period may last longer than expected.

Although the launch of prediction market features in mainstream financial applications attracts users, the risks are high, which may lead to users' account values dropping to zero, harming user experience and trust. In the long run, this is detrimental to the application ecosystem, as it easily attracts gamblers and is difficult to retain core users.

Interestingly, on-chain analysts have recently detected a significant movement. An identity suspected to be 0xBilly, an Ethereum old-timer, has just deposited 3,598 ETH (worth about $10.8 million) into Etherfi's staking pool. What's even more noteworthy is that this ETH has been sitting in his Wallet for a full 9 years—accumulated since the early days of ETH. After experiencing market fluctuations, long-term holders choosing to stake reflects some attitudes towards the current market.

[Block Rhythm] Recently, the Bitcoin crypto world has been buzzing about a topic - does Quantum Computing really threaten Bitcoin?
Bitcoin Core developer and Casa co-founder Jameson Lopp poured cold water: "Quantum Computing will not disrupt Bitcoin in the short term. However, if we truly need to make thoughtful modifications to the protocol and unprecedented capital migrations, it may take 5 to 10 years. We should have the best hopes while preparing for the worst."
But last week, the father of smart contracts Nic

[Coin World] Recently, Bitcoin has shown adjustments in the short-term. According to the latest market data, BTC has fallen below the $88,000 threshold, with the current trading price around $87,992. From the 24-hour performance, the decline is relatively mild, only at 0.02%, indicating that while there is downward pressure, it has not yet formed an accelerated breakdown situation. The market seems to have found some support at this price level, and the short-term trend still needs observation.

[Block Rhythm] The CEO of a leading exchange recently expressed views on the regulation of prediction markets on a social platform. He pointed out that prediction markets should be included within the regulatory framework of the Commodity Futures Trading Commission. His position is clear: if certain states claim that prediction markets do not fall under the jurisdiction of the commission, they are effectively blocking U.S. users from accessing tools that can help them gain an advantage and improve their economic situation. This statement reflects the exchange's emphasis on the need for regulatory clarity—clear regulatory boundaries are crucial for the entire industry and users.

[Coin World] Bitcoin core developer Jameson Lopp recently put forward an interesting point – it will take 5 to 10 years to upgrade Bitcoin to post-quantum standards. However, he also clearly stated that at this stage, Quantum Computers do not pose a substantial threat to Bitcoin, so there's no need for everyone to panic.
But the community has mixed views on this matter. Some investors are concerned that quantum threats could impact the price trends of Bitcoin, while others are actively pushing node operators to adopt relevant security proposals in order to prepare defenses in advance.
This reflects a common phenomenon in the Web3 community – there is always a time lag between conservatives and relatively optimistic developers in assessing technological risks. In the short term, it is indeed not a problem, but long-term upgrades to security architecture are also worth taking seriously. The key is to find a balance between preventing future threats and avoiding overreactions.

[Coin World] On December 22, the Spot silver opened and once again refreshed its historical record, rising to $67.5 per ounce during the session. This wave of rise continues the strong trend of commodities in recent times. From a macro perspective, the upward movement of silver prices often reflects the market's comprehensive judgment on inflation expectations, the trend of the dollar, and the allocation of risk assets. For investors who follow global asset flows, the Fluctuation of precious metal prices is indeed an important reference indicator for observing economic cycles and capital flows.

The crypto market experienced a slight recovery in the fourth week of December, with a total market capitalization reaching $3.086 trillion. Market sentiment has improved, and investors are following whether Trump will announce the Fed chair nomination. The Launchpad performance of leading platforms has been strong, while the Meme coin sector continues to cool down, with most coins falling.

In the context of Bitcoin potentially peaking, XRP has shown resilience, with funds flowing into the XRP ETF indicating institutional recognition of the upgrade in payment infrastructure. Ripple's new stablecoin and the cross-border payment advantages of XRP are attracting more long term investment. Analysts believe that funding is shifting towards payment infrastructure, and 2026 may become a key turning point for Blockchain in its competition with traditional banks.

Cardano founder Charles Hoskinson released a tweet that sparked speculation, stating "the storm is coming" and accompanied by an image of the Midnight project, causing a heated discussion in the community. Consequently, the volume and price of the NIGHT Token rose significantly, with the volume reaching $5.56 billion, and the market is full of anticipation for further news.

[Block Rhythm] Notable investment firm ARK Invest founder Cathie Wood recently shared her views on the U.S. economy in 2026. She believes that next year could usher in an "economic golden moment"—a phrase that sounds quite interesting.
The logic of Sister Wood is as follows: After being bombarded by tariff shocks, government shutdown risks, and the hawkish stance of the Federal Reserve, if oil prices and rents continue to decline, the inflation rate in the United States may drop to zero or even turn negative. What does this mean? From the perspective of the cryptocurrency market, a decrease in inflation expectations often affects the policy space of the Federal Reserve, which in turn triggers a chain reaction on the allocation of all risk assets.
Of course, there are quite a few prerequisites for this prediction - oil prices need to stabilize on a downward trend, and rental costs must continue to decline. But if these do happen, then 2026 could indeed be a turning point.