Binance News

According to ChainCatcher, Arkham data reveals that at 17:22, a total of 1.431 million TON was transferred from an anonymous address starting with EQBFbbSC to another anonymous address beginning with Ef-YFgxiz. Following this transaction, a portion of the TON was moved to TON.

The global cryptocurrency market cap now stands at $3.11T, down by -2.19% over the last day, according to CoinMarketCap data.

Bitcoin (BTC) has been trading between $88,056 and $91,564 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $89,619, down by -1.85%.

Most major cryptocurrencies by market cap are trading mixed. Market outperformers include LUNC, LUNA, and ACE, up by 72%, 41%, and 30%, respectively.

Top stories of the day:

XRP News: XRP Slides Below Key Support as Analysts Warn of Potential Retest of $2.05 Despite Strong ETF Inflows

Market movers:

ETH: $3029.55 (-2.98%)

BNB: $882.51 (-1.10%)

XRP: $2.0243 (-1.74%)

SOL: $132.47 (-3.12%)

TRX: $0.2887 (+1.09%)

DOGE: $0.13923 (-3.75%)

WLFI: $0.1488 (-2.11%)

ADA: $0.4122 (-4.41%)

WBTC: $89497.92 (-1.84%)

BCH: $578.7 (+1.99%)

Top gainers on Binance:

LUNC/USDT (+72%)

LUNA/USDT (+41%)

ACE/USDT (+30%)

According to BlockBeats, on-chain data analyst Murphy has highlighted the utility of the Behavior-Weighted Trend Signal (BWTS) in identifying genuine selling pressure from long-term holders and trend capitulation behavior. This indicator not only assesses whether investors are selling Bitcoin at a loss but also measures the forced liquidation of holdings that have been held for a significant period.

Historical data suggests that when the BWTS (represented by a red line) diverges from the Bitcoin price (represented by a black line), it often signals the clearing of panic selling, potentially leading to a rebound or reversal in the market. Following the Luna collapse in May 2022, the BWTS, which had returned to the zero axis, diverged significantly again, breaking the previous divergence pattern. This resulted in a deeper bear market rather than a reversal.

Currently, the BWTS pattern resembles previous instances, suggesting conditions for a rebound. Until the divergence is broken, it can be interpreted that the rebound may not yet be over.

According to Odaily, on-chain analyst Ali noted on the X platform that the inflow of funds into Bitcoin (BTC) continues to decrease, even as its price rises. This bearish divergence is reminiscent of the situation during 2021-2022, which evolved into a macro downtrend.

According to Foresight News, during the eighth member meeting of the China Securities Association on December 6, Wu Qing highlighted the importance of strengthening risk prevention in key sectors. He emphasized the need for vigilance in areas such as margin financing, over-the-counter derivatives, and private asset management. Additionally, attention should be given to institutions like remote headquarters subsidiaries, focusing on credit, liquidity, and compliance risks to prevent potential issues.

Wu Qing also addressed the emerging field of crypto assets, advocating for thorough analysis and cautious handling. He stressed that businesses should not engage in activities that are unclear or unmanageable and should strictly avoid any illegal or non-compliant practices.

On Dec 06, 2025, 08:30 AM(UTC). According to Binance Market Data, BNB has dropped below 880 USDT and is now trading at 879.940002 USDT, with a narrowed 2.30% decrease in 24 hours.

According to Foresight News, Wu Qing, Chairman of the China Securities Regulatory Commission, emphasized the transformative impact of financial technology innovation during the eighth member conference of the China Securities Industry Association on December 6. He noted that fintech is profoundly altering and reshaping the financial market ecosystem. Wu urged industry institutions to embrace change, actively research, and steadily explore the integration of technologies such as artificial intelligence, big data, and blockchain into capital markets.

Wu Qing highlighted the Commission's commitment to collaborating with industry associations to facilitate innovation pilot projects within the securities sector. This includes enhancing mechanisms for regulatory sandboxes and expanding application scenarios. Additionally, he stressed the importance of improving monitoring and regulatory frameworks for financial innovation activities and developing effective risk response mechanisms.

According to PANews, UBS anticipates that the Federal Reserve may begin purchasing approximately $40 billion in short-term Treasury securities each month starting in early 2026.

According to BlockBeats, CryptoOnchain announced on social media that the Bitcoin SOPR ratio has dropped to 1.35, marking its lowest point since early 2024. As Bitcoin retraced to $89,700, this indicator suggests a complete reset of market profitability. The phase of significant profit-taking by long-term holders is diminishing, indicating that selling pressure is nearing exhaustion.

Historical data shows that when the market cools down, a SOPR ratio decline to such low levels often signals the formation of a local bottom. If a trend reversal occurs at this time, it could lay the foundation for the next healthy upward market movement.

BlockBeats notes that the Bitcoin SOPR Ratio is an advanced indicator in cryptocurrency on-chain analysis. It is derived from the Spent Output Profit Ratio (SOPR) and is primarily used to assess whether the market is predominantly in a profit or loss state, aiding in determining the stage of bull and bear cycles.

According to PANews, an analysis of data from the Russian Central Bank by the Russian Satellite News Agency reveals that by November 2025, the market value of Russia's gold reserves exceeded $300 billion for the first time, reaching $310.7 billion. This marks the fourth consecutive month of record highs. During this period, gold's share in Russia's international reserves rose to 42.3%, the highest level since February 1995, when it was 43.9% with a value not exceeding $5.5 billion.

According to PANews, a Maryland resident, Minh Phuong Ngoc Vong, has been sentenced to 15 months in prison for aiding North Korea in covertly placing IT personnel within U.S. companies. Ngoc Vong secured employment at American tech firms on behalf of overseas conspirators, potentially involving a North Korean citizen. This scheme allowed foreign agents unauthorized access to sensitive government systems, including those related to defense.

According to Foresight News, Ondo Finance has submitted its roadmap for tokenized securities to the U.S. Securities and Exchange Commission (SEC). The company highlighted the coexistence of direct registration, beneficial ownership, and packaged and associated securities ownership models in today's financial markets, emphasizing their significant roles on-chain.

In its letter, Ondo Finance urged the SEC to allow these three models by supporting both direct and intermediary ownership structures. The company also advocated for the acceptance of permissioned, permissionless, and hybrid blockchains. Additionally, Ondo called for targeted regulatory clarity for tokenization based on transfer agents and broader tokenization of securities held at the Depository Trust Company (DTC).

Ondo Finance expressed its anticipation of supporting the SEC in providing more backing for tokenized securities.

According to Foresight News, Lookonchain monitoring has revealed that Tom Lee's BitMine recently purchased 22,676 ETH. This acquisition occurred four hours ago and is valued at approximately $68.67 million.

According to BlockBeats, recent monitoring by Farside Investors revealed that U.S. Bitcoin spot ETFs saw a net inflow of $54.8 million. Among the ETFs, BlackRock's IBIT experienced a net outflow of $32.5 million, while Fidelity's FBTC had a net inflow of $27.3 million. Bitwise's BITB recorded an inflow of $4.9 million, ARK's ARKB saw an inflow of $42.8 million, VanEck's HODL had an inflow of $11.4 million, and WisdomTree's BTCW reported an inflow of $0.9 million.

In contrast, U.S. Ethereum spot ETFs experienced a net outflow of $75.2 million, with only BlackRock's ETHA providing specific inflow/outflow data.

According to BlockBeats On-chain Detection, a newly created wallet received 22,676 ETH from BitGo approximately four hours ago. This address is likely associated with BitMine.

According to Odaily, the Bank of Japan is considering a 25 basis point interest rate hike to 0.75% during its meeting on December 19, marking the highest rate since 1995. Following this news, the Japanese yen strengthened from around 155 to approximately 154.56. A stronger yen often leads to macroeconomic deleveraging, potentially triggering the unwinding of yen-financed carry trades. This could tighten liquidity that has supported Bitcoin's rebound from its November lows. If financing costs continue to rise, leveraged funds may reduce exposure to high-volatility assets like Bitcoin.

According to ChainCatcher, data from Coinglass indicates that if Bitcoin surpasses $94,066, the cumulative liquidation intensity of short positions on major centralized exchanges will reach $1.898 billion. Conversely, if Bitcoin falls below $85,136, the cumulative liquidation intensity of long positions on these exchanges will amount to $1.027 billion.

According to PANews, official data reveals that Circle issued approximately 8.2 billion USDC and redeemed around 6.2 billion USDC in the seven days leading up to December 4. This activity resulted in a net increase of about 2 billion USDC in circulation. The total circulation of USDC stands at 78 billion, backed by reserves of approximately 78.1 billion dollars. These reserves include overnight reverse repurchase agreements amounting to roughly 46 billion dollars, U.S. Treasury bills with maturities under three months totaling about 21.6 billion dollars, deposits at systemically important institutions around 9.9 billion dollars, and other bank deposits approximately 600 million dollars.

According to PANews, renowned investor Kevin O'Leary has expressed skepticism about the long-term viability of most altcoins, asserting that they are essentially worthless and will eventually disappear. O'Leary believes that only Bitcoin and Ethereum possess the necessary attributes to endure in the cryptocurrency market.

According to ChainCatcher, analyst Emmett Gallic shared on the X platform that an address associated with prominent investor Jez San has withdrawn over $75 million in altcoins from an exchange. The assets include $22 million in LINK, $18 million in ETH, $11 million in ENA, $6 million in AAVE, $3.75 million in ONDO, $3.5 million in PENDLE, $3.3 million in UNI, and $1.3 million in ARB.