Odaily Planet Daily news: Standard Chartered Bank stated in a report on Tuesday that it has halved its Bitcoin price forecast for the end of 2025 to $100,000, down from the previous target of $200,000. At the same time, the bank has postponed its long-term target of $500,000 to 2030, originally set for 2028. The bank's analyst Geoffrey Kendrick pointed out that the downgrade is due to a reassessment of demand expectations, including the end of aggressive corporate purchases by entities such as MicroStrategy, as well as institutional adoption through ETFs being slower than expected. Kendrick said that future Bitcoin price increases will be "driven solely by ETF purchases." Currently, Bitcoin's quarterly ETF inflows have dropped to 50,000 BTC, the lowest since the launch of US spot Bitcoin ETFs.

US cryptocurrency ETF fund flows show selective positioning, with altcoins attracting attention. Although the market shows early signs of recovery, confidence remains lacking. Traders are generally adopting a wait-and-see approach ahead of the FOMC meeting, with heightened expectations for rate cuts. Household pessimism and the scale of consumer credit point to a complex outlook for demand.

At the recent Bitcoin MENA conference, Michael Saylor made it clear that Strategy (MSTR) will not issue perpetual preferred stock (“digital credit”) in Japan within the next 12 months, stating that the “12-month head start” will be left to Japanese listed company Metaplanet. This move has drawn more attention to Metaplanet’s strategy in the Japanese perpetual preferred stock market, which has long been inactive, with only five companies in all of Japan currently qualified to trade perpetual preferred stock. Metaplanet CEO Simon Groverich pointed out that the company plans to enter this market with two new products, “Mercury” and “Mars,” becoming the sixth and seventh companies in Japan to issue perpetual preferred stock. Among them, Mercury is positioned as the Japanese version of Strategy STRK, with an annualized yield of 4.9%, denominated in yen and convertible, which is much higher than the generally less than 0.5% yield of Japanese bank deposits and money market funds. Mercury is currently in the pre-IPO stage, with the goal of listing in early 2026. The second product, Mars, models Strategy’s short-term high-yield credit product STRC, targeting investors seeking short-term returns.

The Bitcoin market in 2025 is exhibiting an unprecedented "dual strategy" pattern: ETFs bring institutional liquidity, while self-custody upholds the decentralized spirit of Bitcoin. Industry analysts generally believe that this coexistence model is becoming the new mainstream trend, driving Bitcoin toward a more mature and structurally robust stage of development. As Wall Street continues to expand the absorption capacity of spot Bitcoin ETFs, monthly capital inflows during 2024 to 2025 have repeatedly reached $4 billion to $6 billion, pushing the total asset size to approximately $140 billion by July 2025. ETFs have become the primary avenue for institutions to enter Bitcoin, offering strong liquidity, regulatory protection, and eligibility for retirement accounts, quickly making them the first choice for traditional financial investors.

Today's December FOMC meeting has become the focus of global markets, with investors closely tracking the Federal Reserve's interest rate decision and economic forecasts to assess the direction of monetary policy in 2026 and evaluate its potential impact on crypto assets such as Bitcoin and Ethereum. Market predictions put the probability of a 25 basis point rate cut at as high as 80% to 92%. If realized, the federal funds rate range will drop to 3.50% to 3.75%, marking the third rate cut this year. The likelihood of a pause or unexpected rate hike is extremely low, but any deviation from expectations in the decision could still trigger significant market volatility.

Bitcoin fell another 0.70% in the past 24 hours, continuing its recent volatility, and this trend is raising more and more concerns about “institutional manipulation.” Several analysts have pointed out that Bitcoin’s frequent sharp drops around the opening of the US market occur with too much regularity, suggesting the involvement of concentrated high-frequency trading institutions. Currently, the core question in the market is whether Bitcoin’s weakness is caused by internal manipulation rather than natural market dynamics. Although the fourth quarter is usually a strong period for Bitcoin, since the market crash on October 10, Bitcoin has not only failed to recover but has continued to underperform US stocks. US stocks are up 8% with several stocks hitting new highs, while Bitcoin remains 29% below its pre-crash level.

Bernstein, which manages approximately $800 billion in assets, has recently published a Bitcoin research report that has drawn significant attention from the market. The firm states that Bitcoin’s decade-long “four-year halving cycle” has officially ended, and a long-term bull market phase led by institutional capital is taking shape. According to the report content shared by VanEck executive Matthew Sigel, Bernstein believes that Bitcoin’s current structural demand is being reshaped by institutional buying. Although Bitcoin’s price has recently corrected by nearly 30%, ETF outflows have remained under 5%, indicating that most institutional buyers view BTC as a strategic asset rather than a short-term trading tool. This sustained net ETF inflow is highly consistent with the long-term accumulation trend of large institutions and also reflects that the structure of the Bitcoin market is undergoing profound changes.

On Monday, MicroBT officially launched its new generation of WhatsMiner mining machines—the M70 series—in Abu Dhabi. Despite Bitcoin mining revenues currently being at multi-year lows, the company has chosen to introduce a product line with higher energy efficiency. The M70 series covers three efficiency tiers: 12.5 J/TH, 13.5 J/TH, and 14.5 J/TH, offering both air-cooled and water-cooled models. The single-unit hashrate ranges from the entry-level M70 at around 214 TH/s to the rack-mounted M79S at over 1 PH/s, targeting ultra-large-scale mining farms and advanced energy solutions. This launch comes at a time when mining economics are extremely tight. According to market data, Bitcoin hashprice has dropped to about $35 per PH/s/day, nearing historic lows; meanwhile, network hashrate remains above 1 ZH/s, increasing revenue pressure on miners. Record-high mining difficulty combined with price corrections has significantly slowed miner demand, and ASIC manufacturers are generally facing challenges such as extended inventory and order cycles.

The price of Bitcoin has recently fallen to just below $90,000, approaching the overall cost basis of US Bitcoin ETFs, raising concerns in the market about support levels. According to Glassnode data, since February last year, continuous ETF buying has provided key support during multiple downturn cycles, enabling Bitcoin's price to rebound near the breakeven point. Historical data shows that since 2024, Bitcoin has experienced two deep corrections of more than 30%, occurring from March to August and from January to April 2025, both bottoming near the ETF cost basis. At that time, weekly net inflows into ETFs, as tracked by SoSoValue, were negative, which is quite similar to the current market situation.

According to Gate News Bot, on December 9, as reported by CoinMarketCap, as of press time, STABLE (Stable) is currently priced at $0.02, down 56.00% in 24 hours, with a 24-hour high of $0.05 and a low of $0.02. The 24-hour trading volume reached $221 million, and the current market capitalization is approximately $285 million. Recent important news about STABLE: 1️⃣ **Mainnet Launch and Rapid Ecosystem Deployment Drive Key Breakthroughs** The Stable mainnet officially launched on December 8 at 21:00 Beijing time, marking the transition of this Layer 1 blockchain, built for stablecoin payments, from the testing phase to full operation. The STABLE token is now open for claiming, providing users with the basic conditions to participate in the ecosystem. At the same time, the Gate Web3 Wallet web version has fully integrated the Stable mainnet, allowing users to switch networks, manage ecosystem assets, and interact with DApps with one click on the web. Caldera has also integrated Stable into its Metalayer technology, enabling users to access Stable services instantly from more than 100 blockchains, forming a multi-chain ecosystem framework with cross-chain integration.

The price of Bitcoin hovered around $90,400 on Tuesday, with the market gradually stabilizing after experiencing its weakest November performance since 2018. Market data shows that over the past 24 hours, Bitcoin edged up 1%, Ethereum rose 0.2%, and other major altcoins saw mixed movements. BNB increased by nearly 1%, XRP dipped slightly, and Solana fell by about 0.6%. Although liquidity remains weak ahead of the Federal Reserve's decision, the overall rebound momentum continues. The latest market time zone data has attracted attention. A Presto Research report points out that the European trading session has been the main driver behind this month's 20% to 25% drop in Bitcoin and Ethereum, with negative returns significantly higher than in other regions. The Asian and US markets have remained largely flat, indicating that during the crypto market's deleveraging process, capital behavior varies noticeably across different regions.

The Japan Financial Services Agency has revised its Q&A, stating that derivatives such as CFDs based on overseas crypto asset ETFs are not ideal domestically and offer insufficient investor protection. IG Securities has already halted CFD trading based on US spot Bitcoin ETFs, indicating that regulatory restrictions are unlikely to be relaxed in the short term.

Since the launch of the Bitcoin network in 2009, the number of independent addresses holding more than 0.1 Bitcoin has generally increased, but over the past 24 months, it has continued to decline, dropping from 4,548,107 to 4,443,541. The decline began at the start of 2024 and has now reached a two-year low.

BlockBeats news, on December 9, Santiment tweeted, "As Bitcoin's market capitalization hovers around $90,000, the leading cryptocurrency continues to show an outflow trend from CEXs. Over the past year, a total of 403,200 Bitcoins have flowed out of CEXs, resulting in a net supply decrease of 2.09%. Overall, this is a long-term bullish signal. The lower the amount of Bitcoin held on exchanges, the less likely major sell-offs causing price declines have historically been."

The U.S. Department of Justice has announced that a key figure in a social engineering scam involving $263 million worth of Bitcoin has pleaded guilty. Evan Tangeman, a 22-year-old California resident, admitted in district court to participating in money laundering in violation of the Racketeer Influenced and Corrupt Organizations Act (RICO), involving more than $3.5 million. He is the ninth defendant to plead guilty in the case. The scam operated from October 2023 to May 2025, carried out by gang members distributed across various U.S. states and overseas. The group included hackers, organizers, target identifiers, telephone salespeople, and thieves who stole hardware wallets. Together, they stole approximately 4,100 Bitcoins, which were worth about $263 million at the time and are currently valued at around $371 million. The hackers breached websites to obtain cryptocurrency-related databases, target identifiers singled out high-value victims, and telephone salespeople induced victims to cooperate over the phone, making the entire scam operation highly sophisticated.

Twenty One Capital CEO Jack Mallers announced that the company will be listed on the New York Stock Exchange on December 10, Beijing time, with the stock ticker "XXI." The company will transfer more than 43,500 bitcoins from custodial accounts back to self-management and has pledged to maintain transparency.

Wall Street firm Bernstein believes Bitcoin has entered a prolonged bull market cycle, with institutional funds offsetting retail sell-offs. The target price is projected at $150,000 by the end of 2026, with a peak of $200,000 in 2027, and a long-term target maintained at $1,000,000.

Gate News bot 消息，Gate 行情显示，BTC 跌破 91000 USDT，现价 90993.1 USDT。

Gate News bot message, Strategy (formerly MicroStrategy) has expanded its Bitcoin portfolio with a substantial acquisition of 10,624 BTC, investing $962.7M at an average price of $90,615 per Bitcoin. Following this purchase, the company's total Bitcoin holdings have reached 660,624 BTC. The cumulat

ChainCatcher news: Pakistan's Minister of State Bilal Bin Saqib stated, "The Pakistani government should accumulate Bitcoin" and "use it as a reserve asset."

UAE Islamic Bank Ruya partners with Fuze, becoming the first Islamic bank to allow customers to purchase Bitcoin through its mobile app, ensuring the service complies with Sharia law. According to reports, cryptocurrency inflows in the UAE exceeded $30 billion in 2023, a 42% increase. Other banks have also begun offering related services.

A recent report by The New York Times on stablecoins has sparked strong backlash within the crypto industry. Jake Chervinsky, Chief Legal Officer at Variant Fund, criticized the article as a “complete hit piece,” arguing that it deliberately exaggerates the role of stablecoins in global illicit finance while ignoring data context and progress in industry regulation. The report claims that stablecoins are becoming the “tool of choice” for money launderers and sanctioned entities, citing Chainalysis data stating that over $25 billion in illicit funds flowed through stablecoins in 2024. The New York Times further warns that as Russian-affiliated individuals and terrorist organizations use cryptocurrencies, dollar-pegged tokens could weaken the United States’ ability to leverage the dollar-based sanctions system.

As Bitcoin enters a key time window in the second week of December, two analysts with vastly different backgrounds have given completely opposite predictions for its trend. One is legendary trader Peter Brandt, who has decades of experience, and the other is YoungHoon Kim, known as the “world’s highest IQ person” with an IQ of 276. Their disagreement highlights that even top intelligence or highly experienced experts can arrive at entirely different conclusions about the crypto market. Brandt believes that Bitcoin’s current rebound is merely a retest of an “expanding top formation.” He points out that this pattern usually signals waning upward momentum and that the price may drop significantly in the future. According to his technical analysis, Bitcoin could surge to $102,000 in the short term, but may then pull back to around $58,840. He has repeatedly warned that the current market has characteristics of a “dead cat bounce,” cautioning investors against excessive optimism.

The latest annual report from South Korea's Korbit Research Center predicts that Bitcoin will reach the $140,000 to $170,000 range in 2026. It highlights that the core drivers behind the price increase are US fiscal reforms, structural institutional demand, and a strong US dollar environment, rather than the traditional four-year halving cycle. The research team proposes a new macro-driven theory, emphasizing that improvements in US productivity and an expansion in capital expenditure have significantly enhanced Bitcoin’s impact. The report identifies “a strengthening US dollar, a potential gold pullback, and increased institutional allocation to Bitcoin” as the three key driving factors. ETFs and Digital Asset Treasuries (DATs) are rapidly absorbing market liquidity, and as of November 2025, the two combined will hold 11.7% of Bitcoin’s supply. The “One Big Bill” (OB3), expected to take effect in July 2025, will restore 100% bonus depreciation and immediate deduction of R&D expenses, potentially lowering the effective corporate tax rate to 10%-12%. Korbit believes this will attract overseas capital to the US and sustain the US dollar’s long-term strength.

This week, Bitcoin traders are facing a dense schedule of U.S. economic data and policy events, including the FOMC rate decision, a speech by Federal Reserve Chairman Powell, JOLTS job openings, and initial jobless claims—four key indicators. These data points will directly influence market sentiment and determine the next phase for Bitcoin. The FOMC rate decision is considered the most impactful event for the crypto market this week and will be announced on Wednesday. CME data currently shows the market expects an 87% probability of a rate cut. Easing policies are generally positive for Bitcoin. After experiencing volatility over the weekend, Bitcoin has remained stable above $90,000, indicating resilient buying interest. However, the market widely believes that the Fed’s forward guidance will have a greater impact than the rate cut itself.

Bitcoin Long-Term Holder (LTH) data has once again become the focus of market attention. On November 21, after Bitcoin rebounded from its bottom to around $80,000, the supply of long-term holders simultaneously dropped to a cyclical low. As the price of Bitcoin recovered to around $90,000, rebounding about 15% from the low, on-chain data shows that after a 36% deep correction, the selling pressure from the spot market has significantly eased. This year, Bitcoin's prolonged sideways movement has mainly been influenced by selling pressure from long-term holders. LTH refers to users who have held Bitcoin for at least 155 days, and their behavior often represents deeper market trends. When Bitcoin held by short-term holders "matures" into long-term holdings, LTH supply usually increases; conversely, when long-term holders sell, it often indicates that the market is in a profit-taking or risk-averse phase.

Bitcoin edged up slightly on Monday, as the market generally expects the Federal Reserve to cut interest rates by another 25 basis points this week, adjusting the target rate to a range of 3.5%-3.75%. However, contrary to the traditional logic that "rate cuts are bullish for risk assets and suppress bond yields," US Treasury yields have continued to rise, making market sentiment more cautious. Typically, rate cuts signal increased liquidity, and cheaper capital boosts investment and loan demand, supporting the prices of high-risk assets like Bitcoin while lowering short-term interest rates and yields. Data shows that Bitcoin rose over 1.5% on the day, hovering around $91,800, and has rebounded from the $80,000 region over the past three weeks, forming higher lows and highs.

BlockBeats news, on December 8, QCP released its daily market commentary stating that BTC experienced sharp fluctuations in the $88,000 to $92,000 range on Sunday, while ETH also quickly surged from $2,910 to $3,150. As year-end liquidity continues to decline, the market has become particularly sensitive to small capital flows. However, despite the strong volatility, liquidation volumes remain small, indicating that market participation and positions have continued to decrease this quarter. The open interest of the two major assets’ perpetual contracts has dropped 40–50% from the highs in October, and retail sentiment has returned to bearish levels. Meanwhile, supply is tightening significantly. In the past two weeks, about 25,000 BTC have been withdrawn from exchanges, and for the first time, ETF and corporate holdings have exceeded exchange balances; ETH exchange reserves have also fallen to a near ten-year low, indicating that while retail investors are exiting, long-term capital is quietly accumulating. Market focus

PANews, December 8—According to Bitcoin Magazine, Japanese listed company Metaplanet will issue a new class of shares similar to Strategy Company’s $STRC, which is planned to be used for further purchases of Bitcoin.

Analysts predict that this week’s Federal Reserve meeting could become a key catalyst for a new round of Bitcoin gains. After Bitcoin broke above $92,000 on Monday, London Crypto Club analysts David Brickell and Chris Mills noted in a report that the Fed may inject more liquidity into the banking system on Wednesday, thereby boosting risk assets, including Bitcoin. The two analysts predict that the Fed will adopt a more dovish policy stance and expand its balance sheet through an implicit bond-buying program. They believe that, with interest rate cuts combined with liquidity expansion, “the money printer is restarting,” which will provide a strong structural boost for Bitcoin. They expect that in this policy environment, Bitcoin prices are likely to “rise significantly,” breaking out of the current range and heading for higher levels.

As the Federal Reserve shifts its policy from tightening to easing, global concerns over the future trajectory of the US dollar are rising. Searches for "dollar debasement" on Google have reached a historic high this quarter, reflecting a rapidly increasing sensitivity among investors to the decline in currency value. This trend is driving digital assets like Bitcoin to become new safe-haven tools. According to BarChart, based on Bloomberg and Google Trends data, searches for the term "dollar debasement" have surged significantly this year, reaching a historic high in the US over the past few weeks. Google Trends shows that there has never been such a concentrated and sustained increase in search interest since 2012. This shift in public attention is closely linked to the macroeconomic backdrop of the continued decline of the US Dollar Index.

The digital asset ETP market recorded $716 million in inflows last week, indicating a significant improvement in investor risk appetite. Total assets under management (AUM) rose to $180 billion, rebounding 7.9% from the November low. Although the overall scale remains below the historical peak of $264 billion, net inflows have been maintained for two consecutive weeks, reflecting a gradual recovery in market confidence. In terms of regional distribution, the United States continues to lead, attracting $483 million in inflows. Germany and Canada follow closely, recording $96.9 million and $80.7 million respectively. This indicates that the current wave of capital inflows is spreading globally rather than being driven by a single region.