XXYY.cc | December 25 Important Updates Overview

21:00-07:00 Keywords: Options Settlement · Selig · Forms Syntron · Hedging Diversification

1️⃣

Bitcoin will face the largest options expiration in history on Friday, with approximately $13.5 billion in options set to be settled in Japan. With long positions currently dominating, market volatility post-settlement may act as a catalyst for a rebound early next year.

2️⃣

Michael Selig officially took office as the 16th Chairman of the U.S. CFTC. Selig has completed his oath. As a pro-crypto figure, his appointment signifies clearer regulations regarding derivatives and tokenized assets in the U.S. by 2026.

3️⃣

Forms Syntron has submitted a listing application to the Hong Kong Stock Exchange. As a fintech giant, its business covers digital yuan infrastructure and Web3 payment systems, marking the accelerated entry of compliant crypto infrastructure firms into the capital market.

4️⃣

Bank of Japan Governor Kazuo Ueda hinted at the possibility of continuing interest rate hikes, stating that rates would be adjusted if economic forecasts are realized. Expectations for a yen interest rate hike may affect global liquidity, leading some arbitrage funds to withdraw from risk assets.

5️⃣

Spot gold and silver continue to strengthen, testing Bitcoin's hedging properties. Overnight gold and silver prices reached all-time highs, while BTC's performance remained relatively flat. Analysts suggest that market funds are shifting towards physical assets in the short term, challenging the “digital gold” narrative.

6️⃣

In the past 24 hours, the entire network saw liquidations of $182 million, with long positions dominating. Affected by low liquidity during the Christmas holiday, Bitcoin's narrow fluctuations led to the liquidation of some high-leverage long positions, resulting in a cautious market sentiment.

7️⃣

Brevis announced its tokenomics, with community incentives accounting for 32.2%. ZK co-processor Brevis disclosed its total token supply of 1 billion. As a core track for cross-chain privacy and computing, the release of its economic model has drawn market attention.

8️⃣

Asian wealthy individuals are accelerating their investments: 89% of high-net-worth individuals in Asia have allocated crypto assets. Surveys show that funds are shifting from short-term speculation to long-term preservation. Confidence in the long-term holding of “hundred-fold coins” and mainstream coins in the Asian region has reached a historical high.