Cryptocurrency Fear and Greed Index Rises to 26, Escaping 'Extreme Fear' Zone

On December 10th, per monitoring from Farside Investors, Bitcoin ETFs saw net inflows of $151.9 million yesterday, while Ethereum ETFs recorded net inflows of $177.7 million.

On December 10, GSR OTC Trading Director Spencer Hallarn said: "I think most long positions in the market have already been liquidated, creating a skeptical base. The perpetual contract funding rate is very low—even negative—meaning there’s not much leverage in the market. Overall, this setup is actually pretty favorable for the Santa rally. I see the year-end market outlook as promising."

**December 10 Update: Coinbase Institutional** Coinbase Institutional noted in a social media post on December 10 that November’s market volatility could lay the groundwork for December’s price action. Key November metrics: - BTC, ETH and SOL perpetual contract open interest fell 16% month-over-month. - U.S. spot ETFs posted $3.5 billion in BTC outflows and $1.4 billion in ETH outflows. - BTC perpetual contract funding rates briefly dipped below 2 standard deviations of their 90-day moving average before rebounding. Coinbase Institutional attributes the market’s cautiously optimistic tone to the clearing of speculative froth: systemic leverage has dropped from ~10% of total market cap this summer to 4–5%, signaling a healthier market structure and reducing the likelihood of a sharp pullback through year-end.

On December 10th, per Onchain Lens monitoring, Blockchain Capital has withdrawn 1.13 million UNI tokens (valued at $6.48 million) from crypto exchanges Bybit, Binance, and OKX over the past 6 hours. Currently, the wallet holds 1.92 million UNI tokens, worth $10.88 million.

On December 10, Bitget kicked off its 6th VIP Upgrade Event. During the event, users who meet the futures trading volume requirement and upgrade to Futures VIP 1 will collectively unlock 15,000 BGB. This event is exclusive to selected users. To join, you must sign up by clicking the "Sign Up" button on the event page. The event wraps up at 11:59 PM on December 16 (UTC+8).

On December 10, the IoTeX team was invited to the Washington Policy Summit in its role as Chair of the Blockchain Association’s DePIN Working Group. The team held in-depth discussions with several high-profile policymakers, including U.S. Securities and Exchange Commission (SEC) Chair Paul Atkins, Senator Bill Harley, and Congresswoman Haley Stevens. The summit centered on key topics: cryptocurrency market structure, stablecoins, and Real World Assets (RWA). IoTeX co-founder Jing, during a discussion with SEC Chair Atkins, emphasized that machine networks and artificial intelligence (AI) are laying the groundwork for a new economy. On-chain tokenization of DePIN (Decentralized Physical Infrastructure Networks) and RWA will not only expand U.S. capital access and address energy challenges amid the AI revolution, but also empower everyday Americans to engage in the new economy—further driving widespread stablecoin adoption. Regarding cryptocurrency regulation, SEC Chair Atkins issu