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[ CZ : The new trading pair has low liquidity, and the price spikes caused by large market orders indicate that the exchange has not participated in the transaction.]
Crypto market participant Catherine stated that the BTC/USD1 trading pair on Binance briefly dropped to around $24,000, but this was not a real "crash," but rather an illusion caused by a large market order sweeping up the extremely illiquid trading pair.
In response, Binance founder CZ stated that this phenomenon indicates that the exchange is not directly involved in these transactions. The new trading pair has low liquidity, and a large market order could cause price spikes, which are quickly corrected by arbitrageurs. Since this trading pair is not included in any price index, it will not trigger any liquidation mechanism.
[ZachXBT: Trust Wallet suffers numerous hacked addresses, resulting in at least $6 million in losses]
On-chain detective ZachXBT posted an update on social media regarding the "Trust Wallet theft incident," stating that "at least $6 million has been stolen, with losses affecting hundreds of Trust Wallet users. If Trust Wallet is ultimately found responsible for this incident, we hope they will compensate all victims. Due to the large number of addresses affected, it is difficult to fully ascertain the extent of the losses."
ZachXBT stated earlier that multiple Trust Wallet users reported funds being stolen from their wallet addresses.
Trust Wallet: Browser extension version 2.68 contains a security vulnerability.
Trust Wallet issued a statement saying, "We have discovered a security vulnerability in Trust Wallet browser extension version 2.68. Users of version 2.68 should disable this version and upgrade to version 2.69. Mobile device users and all other browser extension versions are not affected."
Tom Lee predicts: The Federal Reserve will turn dovish in 2026, benefiting traditional industries and fintech.
In a recent interview with CNBC, Fundstrat co-founder and BitMine chairman Tom Lee stated that the Federal Reserve may adopt a more dovish monetary policy in 2026, which could boost business confidence and push the ISM Purchasing Managers' Index back above 50, benefiting traditional industries such as manufacturing, energy, and basic materials. Lee believes the financial services industry will reduce labor intensity and increase profit margins due to AI and blockchain applications, predicting that leading banks like JPMorgan Chase and Goldman Sachs may behave more like tech stocks and have the potential to become the next generation of "tech giants."
Despite the potential for significant market volatility in 2026, Lee points out that historical data shows a 50% chance of even better performance in the fourth year after three consecutive years of gains exceeding 20%. He warns that the main risk lies in overconfidence, but current investor caution may mitigate this issue.
[The number of times blockchain is mentioned in US SEC filings will surge in 2025]
Throughout 2025, the number of mentions of blockchain in U.S. Securities and Exchange Commission (SEC) filings surged, reaching approximately 8,000 by August and remaining at this high level until November. Bitcoin-related content dominated the increase in mentions, accounting for the largest share of all filings. This concentrated trend stemmed from the successful launch of several spot Bitcoin ETFs in early 2024, which led to a significant increase in related filings and amendments; throughout 2025, traditional asset management institutions also continued to expand their cryptocurrency-related product lines.
Crypto derivatives trading volume hit a record high in 2025.
According to CoinGlass, the global cryptocurrency derivatives trading volume reached approximately $85.7 trillion in 2025, with an average daily contract trading volume of approximately $264.5 billion, indicating continued active market activity. Binance, with a global market share of approximately $25.09 trillion, accounting for nearly 29.3%, became the platform with the highest trading concentration.
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