10 #Bitcoin ETFs outflows 4,964 $BTC(-$458.3M) and 9 #Ethereum ETFs outflows 4,701 $ETH(-$15.21M) yesterday.

CoinDesk reported on December 24 that JPMorgan Chase (JPM) plans to offer cryptocurrency trading services to institutional clients—a move that could reshape the competitive landscape, though it may not harm competitors’ interests. Analysts note the Wall Street giant’s entry could benefit existing players like Coinbase (COIN), Bullish (BLSH), and Galaxy Digital (GLXY), while also signaling heightened competition. ClearStreet analyst Owen Lau said, “JPMorgan’s plan to offer crypto trading to institutional clients will have a significant positive impact on the space. It will further legitimize cryptocurrencies and expand distribution channels,” he added. “A domino effect on other banks is likely. Coinbase and Bullish are well-positioned to benefit from integrating into this massive distribution channel and matching institutional orders.”

On December 24th, per Onchain Lens monitoring, a new address withdrew 40,975 ETH (valued at $121.05 million) from Binance over the past 2 hours. The funds were subsequently deposited into Aave V3, and the wallet then borrowed 63 million USDT.

Dec 24: President Trump posted on social media today, saying: “Today’s financial news is GREAT—GDP grew 4.2%, but forecasts were just 2.5%. But in today’s market? Good news = stable or FALLING, because Wall Street ‘elites’ don’t think like they used to. In the past, good news meant the market RAN UP. Now? Good news makes it FALL—everyone thinks rates will jump RIGHT AWAY to fight ‘potential’ inflation. This means we can’t have the prosperous, nation-building market we need to get to GREATNESS—fundamentally. A strong market (even an extraordinary one) doesn’t cause inflation. ONLY FOOLISH POLICIES DO. “I hope my new Fed Chair lowers rates WHEN the market’s doing well—NOT arbitrarily crashing it. We need a market we haven’t seen in DECADES: rises on good news, falls on bad—like it SHOULD BE, like it ONCE WAS. Inflation will fix itself. If not? We can raise rates AT THE RIGHT TIME—but the right time is NEVER to choke growth. That growth could’ve boosted GDP by 10, 15, even 20+ point

On December 24, CoinDesk reported that Russia’s central bank has unveiled a proposed framework allowing retail and qualified investors to purchase cryptocurrency via regulated testing and caps by 2027—signaling a continued shift to a softer stance on crypto. However, the regulator still warns that crypto investments carry risks, including potential losses. In a press release, the central bank noted: “These assets aren’t issued or guaranteed by any jurisdiction and face higher volatility and sanction risks. Investors choosing to put money into crypto assets should recognize the risk of losing their funds.” It also clarified that crypto assets and stablecoins are classified as currency assets: they can be bought and sold, but cannot be used for domestic payments.

December 24 — The U.S. Securities and Exchange Commission (SEC) has charged three cryptocurrency exchanges and four investment clubs with orchestrating a coordinated fraud that allegedly defrauded U.S. retail investors of at least $14 million, per FinanceFeeds. The regulator said the scheme relied on social media ads, private messaging apps, and fake trading interfaces to trick victims into believing they were investing through legitimate cryptocurrency channels. Named in the complaint are Morocoin Tech Corp., Berge Blockchain Technology Co. Ltd., Cirkor Inc., and investment clubs AI Wealth Inc., Lane Wealth Inc., AI Investment Education Foundation Limited, and Zenith Asset Technology Foundation. The SEC noted the fraud ran from January 2024 to January 2025, targeting U.S. retail investors. This case underscores a fraud tactic that blends traditional scams with digital tools, using familiar social platforms and sophisticated interfaces to create the illusion of a professional

On December 24, market data indicates the spot price of gold has topped $4,500 per ounce for the first time, with a year-to-date gain exceeding $1,870.