BlackRock is negotiating cooperation with a leading crypto exchange to develop new products and revenue sharing, indicating a warming relationship between traditional finance and the Web3 ecosystem. BlackRock's tokenized funds and iShares Bitcoin Trust demonstrate increasing institutional recognition of crypto assets, reflecting that digital assets are gradually becoming a preferred option for institutional investors.

Bitcoin recently showed a "death cross" signal, causing investor concern. However, historical data indicates that the median returns after a death cross are actually positive, and the current market pattern resembles a cyclical bottom. Therefore, there is no need to overreact; it can be viewed as a historical reference.

【Crypto World】BTC's performance today appears somewhat weak. According to the latest market data, Bitcoin is priced at $86,918.7, down 0.86% in the past 24 hours, indicating clear signs of market adjustment. In terms of trading activity, the trading volume over the past 24 hours reached $38.805 billion, suggesting that although the price is under pressure, market participation remains strong. In the current macro environment, a mild correction like Bitcoin's is a normal phase adjustment, and future trends will depend on the US dollar index and global liquidity changes.

A leading trading platform has partnered with a network infrastructure provider to reduce trading latency, enhance high-frequency trading, and facilitate cross-exchange arbitrage. The new solution enables real-time access to market data with latency under 138 milliseconds, improving trading efficiency and holding significant importance for institutional traders.

【Crypto World】New player role shifts have emerged in the RWA tokenization field.
A foundational infrastructure company focused on tokenizing real-world assets has managed assets worth $3.6 billion as of the end of November this year. With this growth rate, it is expected to surpass $4 billion by the end of the year. Even more impressive, this company's revenue has increased nearly tenfold in 18 months, gradually transforming from a niche technology provider into a full-process service provider.
The core shift here is: no longer just selling technology, but helping asset management institutions go directly on-chain. From asset valuation, compliance checks, smart contract deployment to post-operation maintenance, all-in-one service. This model has attracted many traditional financial giants. For example, the $2.5 billion market cap tokenized US Treasury bond fund is backed by this company.
There is also a major move early next year—merging into the capital market via SPAC. This indicates that this track is moving from rapid growth to mainstream financial market recognition. From

A US-listed coffee technology company recently purchased 2,461,000 USD worth of 230 Bitcoins, increasing its total holdings to 730 Bitcoins. The company believes that the current market lull is a good opportunity for deployment. Bitcoin, as a highly liquid asset allocation tool, can preserve value and is easy to liquidate, reflecting that more publicly listed companies are beginning to pay attention to crypto assets.

Recently, a transfer of 55 million XRP has appeared on the blockchain, with extremely low transaction fees, reflecting active liquidity management by institutional investors. Currently, XRP's key support level is at $1.90. If it can hold this level, it may surge towards $2.50. Investors should pay attention to this price range.

Ethereum Block Space Futures Market ETHGas recently completed a $12 million funding round, led by Polychain Capital. The project aims to optimize the use of block space through futures trading markets, transforming liquidity provision into Ethereum block space and enhancing user experience.

【BlockBeats】Recently, there has been a noticeable shift in market sentiment. Over the past three years, monthly Consumer Price Index (CPI) reports have consistently triggered high attention from stock traders, and even caused some anxiety. But now, things are different — investors are particularly calm about the inflation data released on Thursday for November, and some are even somewhat indifferent.
According to data, options traders predict that the daily fluctuation of the S&P 500 index will be contained within 0.7%. What does this number indicate? The comparison is clear — the average actual volatility triggered by the previous 12 CPI reports up to September was 1%. In other words, the market's sensitivity has indeed decreased.
Why has this shift occurred? There are two main reasons. First, the Federal Reserve has recently been more concerned with signals of a weakening labor market rather than slight fluctuations in inflation data. The employment data released on Tuesday still shows a sluggish market, which opens up room for rate cuts next year. As for the Fed...

【BlockBeats】An interesting phenomenon: Robinhood (HOOD) has performed remarkably well this year.
As of mid-December, this US stock has achieved a cumulative increase of over 200%, far surpassing the S&P 500 index—such a level of growth is rare in the entire market.
What do institutions think? The mainstream opinion is optimistic. Many analysts, including those from US Trust Bank, have issued buy ratings and set relatively positive target prices. Their reasoning is clear: Robinhood still has room for growth in market prediction, trading product lines, and business expansion. In other words, they believe the current valuation does not fully reflect the company's long-term growth potential.
However, there are also different voices in the market. Some observers warn that volatility has indeed increased in recent weeks, and some operational data have also shown signs of decline.

After market adjustments, the meme coin sector has started to stabilize, with SPX and Fartcoin prices rebounding. Technical indicators have improved, and selling pressure has eased. The new project Maxi Doge has sparked heated discussions due to its high yields, and the market is looking forward to a new emotional trigger.

【ChainWen】An interesting investment trend: OpenAI and Amazon are negotiating a deal worth over $10 billion.
According to the Financial Times, this transaction involves not only cash investment but also the rights to Amazon's Trainium AI chips and data center services. Once finalized, it will further push OpenAI's valuation above $500 billion.
Interestingly, this is not coming out of nowhere. Earlier, OpenAI and Amazon signed a seven-year cloud service agreement worth $38 billion. The new financing is essentially an upgraded version of this—evolving from simply renting servers to a deep integration of chips + data centers + capital.
From a market perspective, this reflects OpenAI's strategic shift towards diversifying its cloud service providers. After all, the previous exclusive partnership with Microsoft has already