Bitcoin has failed to break through $92,000 in the past month and is now hovering below $90,000. Traders have differing opinions on the reasons for its price decline, with analysis suggesting that the Federal Reserve's reduction of its balance sheet is the main factor, leading to decreased market liquidity. In the short term, Bitcoin is unlikely to experience a significant rebound.

Odaily Planet Daily reported that according to Ai Aunt's monitoring, the address pension-usdt.eth (0x0dd...a902) has made a profit of 24.04 million USD in Hyperliquid over the past month. Out of 17 transactions since December, 16 were profitable, with a win rate of 94.1%. Currently, this address holds 30,000 ETH, valued at 89.72 million USD, ranking in the top three for Hyperliquid ETH long positions, with an average opening price of $2,969.6. Additionally, the address closed a position 9 hours ago.

According to ChainCatcher news, according to crypto KOL AB Kuai.Dong (@FORAB) disclosed on social media, the public statement of Fundstrat Capital Chief Investment Officer Tom Lee (who also serves as the chairman of Ethereum treasury company BitMine) contradicted his company's internal report. Tom Lee has publicly bet that Bitcoin and Ethereum will reach new highs in January, but Fundstrat's 2026 Crypto Strategy Report for internal clients predicts a deep correction in the first half of 2026. Internally reported pullback targets are: $60,000-$65,000 for Bitcoin and 1,800-2,000 for Ethereum

Forest for the Trees founder Luke Gromen stated that he has a long-term bullish outlook on Bitcoin, but currently short-term bearish due to factors including Bitcoin's high correlation with tech stocks, failure to break through gold, threats from quantum computing, and Tether investment dynamics.

ChainCatcher News, Nasdaq-listed blockchain ASIC chip R&D and manufacturing company AGM Group announced the completion of a total of $2 million in convertible note issuance and delivery. The fundraising transaction was conducted in two phases, with $1.5 million paid during the first delivery and the remaining $500,000 in the second delivery completed on December 18. AGM Group also disclosed that it had previously reached an investment agreement to raise a total of $6 million through the issuance of convertible notes in three phases.

BlockBeats News, December 20 — Yesterday at a press conference, Trump stated that the sales of the Trump Gold Card have reached $1.3 billion, describing it as "a hot seller." However, the prediction platform Polymarket added a note to its related forecast indicating that only data explicitly referring to quantities that have been finally approved and supported by completed payments count. Trump's statement on December 19 regarding the Gold Card sales, as well as Howard Lutnick's claim that "sales worth $1.3 billion have been made in just a few days," do not meet the standard of "finally approved and supported by completed payments." As of press time, the probability of the forecast on Polymarket that the "Trump Gold Card" sales this year will be zero remains as high as 89%. The Trump Gold Card is a

Netflix announces the acquisition of the metaverse identity platform Ready Player Me, with the specific amount not disclosed. The platform will cease operations in 2026, and the team will join Netflix. Ready Player Me has previously received approximately $72 million in funding.

CryptoPunks announces the permanent acquisition of eight works by the Museum of Modern Art in New York. The donation was made possible through the joint efforts of multiple institutions and individuals, with Larva Labs also contributing some of the pieces.

Gate News bot message, Gate market display, GT up 5.00% in 24 hours, current price 10.29 USDT.

The U.S. Department of Justice released investigation documents related to the Epstein case, showing that his $850,000 donation to MIT indirectly supported cryptocurrency projects. Email records reveal secret meetings between Epstein and Bitcoin developers and investors, reflecting his early interest in Bitcoin, but do not indicate any substantial influence on Bitcoin development.

Japan's interest rate hike has triggered a rebound in the crypto market, with some altcoins performing strongly. LIGHT surged over 70%, SOPH increased by 40%, meme coin "67" rose 38%, RESOLV gained 36.6%, and WET went up 35.3%. Trading volumes for various cryptocurrencies have significantly increased.

Bitcoin treasury company Hyperscale Data is listed on NYSE American, launching a maximum $50 million ATM financing plan, selling common shares to raise funds, which will be used to purchase Bitcoin, develop a data center in Michigan, and for general corporate purposes.

SlowMist founder Yu Xian revealed that a user was scammed out of nearly 50 million USDT due to similar addresses. The user first sent a small test transaction, then was lured by malicious addresses to send a large amount of funds, resulting in significant losses.

PA News December 20th - According to The Block, Republican Senator Cynthia Lummis's term will end in January 2027, but she has stated she will not seek re-election. She posted on X platform on Friday that the upheavals of last fall have left her physically and mentally exhausted. Senator Lummis is the chair of the Senate Banking Committee's Digital Assets Subcommittee, and over the past few years, she has been actively involved in various efforts to regulate the cryptocurrency industry in Congress. She has worked closely with Democratic Senator Kirsten Gillibrand of New York to advance comprehensive legislation aimed at establishing a regulatory framework for digital assets, including clarifying regulatory responsibilities among agencies such as the Securities and Exchange Commission and the Commodity Futures Trading Commission. After multiple meetings, the Senate Banking Committee has been actively pushing this legislation, with participants including Democrats, Republicans, representatives from the cryptocurrency industry, and traditional financial sector stakeholders.

EigenLayer has proposed a governance change proposal, introducing a new incentive mechanism to prioritize rewarding efficient network activity and fee generation. The new Incentive Committee will manage token issuance and return AVS rewards and EigenCloud revenue to EIGEN holders through a fee model, which may create deflationary pressure.

金色财经报道，据OnchainLens监测，在过去12小时内，3个新创建的钱包从FalconX收到了价值2.2107亿美元的2509枚BTC。[原文链接]

The U.S. Department of Justice releases investigation documents related to the Epstein case, with victim personal information redacted, but some information may have been leaked. The Deputy Attorney General stated that over 1,200 victims have been identified, and a full disclosure of the documents is expected to take several weeks.

Gate News bot message, As prediction markets become one of the main narratives in 2025, more platforms are entering the space. While @Kalshi and @Polymarket remain the two leaders, newer players are starting to compete, with platforms like @opinionlabsxyz leading on some fronts.

Gate News bot 消息，Gate 行情显示，ETH 突破 3000 USDT，现价 3000.68 USDT。

Gate News bot message, Prediction markets have emerged as a major narrative in 2025, attracting more platforms to the sector. Kalshi and Polymarket continue as the two market leaders. Newer competitors are entering the space, with platforms such as opinionlabsxyz taking leading positions in certain

Gate News bot message, Ethereum's exchange supply has declined to its lowest level since 2016. More $ETH is being withdrawn from exchanges into long-term holding destinations, with reduced liquid supply on trading platforms. The data shows growing trader caution and muted short-term sell pressure in

Gate News bot message, Gate market display, GT up 3.01% in 24 hours, current price 10.24 USDT.

December 20 News, Bernstein stated that NVIDIA (NVDA.O) is rarely attractively valued relative to the Philadelphia Semiconductor Index, with the overall valuation multiple indicating a promising outlook for future returns. Analyst Stacy Rasgon wrote that compared to the chip stock index, NVIDIA is "currently undervalued by about 13%, placing it in the top 1 percentile historically. In fact, over the past ten years, there have only been 13 trading days when NVIDIA's valuation relative to SOX was lower than it is now." NVIDIA's recent valuation is about 25 times its future EPS, "for the company, a 25x forward P/E means its stock price is in the 11th percentile of the valuation distribution over the past decade," a level that is "quite cheap in absolute terms," and "over the past ten years, investors who bought when NVIDIA's valuation was below 25x have all reaped substantial returns—average returns over 1 year."

Sean Farrell, from Tom Lee's fund, stated that the crypto market is expected to face risks in early 2026, potentially causing Bitcoin to drop to $60,000-$65,000 and Ethereum to fall to $1,800-$2,000. He believes these prices will present good entry points, with a year-end target of $115,000 for Bitcoin and $4,500 for Ethereum.

BlockBeats News, December 19, according to Whale Alert monitoring, a dormant Ethereum pre-mine address that has been inactive for 10.4 years has just been activated, containing 2000 ETH, worth $5,935,398, which was valued at $620 in 2015.

UNCTAD report projects that by 2033, the global artificial intelligence market size will reach $4.8 trillion, becoming a dominant technology sector. The report warns that AI development is concentrated in a few economies, which could exacerbate development disparities, and calls for shared benefits through strategic investments and inclusive governance.

U.S. December Consumer Confidence Index Slightly Rises but Remains Below Expectations, Affected by Affordability Concerns. Despite Signs of Improvement, Consumer Confidence is Still Nearly 30% Lower Than the Same Period Last Year, with Confidence in Purchasing Big-Ticket Items at Historic Lows.

BlockBeats News, December 19, according to Coinglass data, in the past hour, the entire network experienced liquidations of 61.8 million USD, including 4.59 million USD in long positions and 57.2 million USD in short positions.

Odaily Planet Daily reports that the Federal Reserve has announced it will seek public comment on "payment accounts." Eligible financial institutions can use these accounts for limited payment clearing and settlement. Payment accounts are different from main accounts, do not accrue interest, and cannot access Federal Reserve credit. They will also be subject to limits such as balance caps. Main accounts are the accounts financial institutions currently use to access Federal Reserve payment services. It is understood that this public consultation aims to promote innovation in payment accounts while ensuring the security of the payment system.