Fed Watch: The Fed Could Soon Expand Its Balance Sheet Again

On December 7, CZ praised OneKey’s product on social media, saying: “Here’s my requirement for a hardware wallet: the private key must never leave the device under any circumstances.”

On December 7, the U.S. Securities and Exchange Commission (SEC) Chair said in an interview that Bitcoin and broader crypto assets will form the underlying foundation of the global financial system in the coming years. He emphasized, "This will be the direction of global development," and noted that traditional financial infrastructure will gradually shift to crypto-native technology.

On December 7, Cointelegraph reported that BitMine is continuing heavy buying amid market declines, while top-performing traders in the Ethereum space are broadly betting on further ETH price drops. BitMine has accumulated $199 million worth of ETH over the past two days: $68 million purchased on Saturday and $130.7 million on Friday. Currently, BitMine holds $11.3 billion in ETH, accounting for 3.08% of Ethereum’s total supply—nearing its long-term accumulation target of 5%. The firm also has an additional $882 million in cash reserves earmarked for potential further ETH investments. On-chain analytics platform Nansen identified that “smart money” traders are ramping up ETH short positions: they added $2.8 million in shorts over the past 24 hours, bringing total short positions to $21 million. This signals broad bearish sentiment on ETH, with bets on a short-term price pullback. Meanwhile, Ethereum spot ETF inflows remain weak: Friday saw a net outflow of $75.2 million (th

Dec. 7 — Michael Saylor noted in a post that Strategy has added over 200,000 Bitcoin (BTC) so far this year, totaling 203,600 BTC. Strategy announced Monday it acquired 130 BTC last week for approximately $11.7 million, at an average price of roughly $89,960 per coin. As of Nov. 30, 2025, Strategy holds 650,000 BTC, with a total value of about $48.38 billion and an average purchase price of around $74,436 per BTC.

On December 7th, data from GMGN shows that DOYR—a meme coin on the BNB Chain ecosystem—surged over 45% in the past two hours. Its market cap stands at $15.38 million, with a total trading volume of $41.4 million. Last night, Binance Co-CEO He Yi noted in a post that issuing coins by “finding angles” from tweets is a community-driven act, and users should be aware of investment risks tied to DOYR. (Note: This was a typo—He Yi intended to write “DYOR” instead of “DOYR.”) Shortly after, CZ retweeted the post, stating: “DOYR = DO Your meme? Tweeting does not imply endorsement of any meme or token.” BlockBeats reminds users that meme coins often lack practical use cases and exhibit extreme price volatility; investors should approach such assets with caution.

On December 7, CryptoRank released new data showing the average cash cost for a mining firm to produce one Bitcoin has climbed to $74,600. When including depreciation and stock-based compensation (SBC), total costs hit $137,800. With the total network hashrate crossing the symbolic 1 ZH/s milestone, competition has intensified sharply—pushing miner profitability into a steep decline. This trend is leading many publicly traded mining companies to redirect capacity toward higher-margin businesses like AI/HPC (High-Performance Computing), instead of doubling down on traditional Bitcoin mining. The industry is now splitting into two key models: ? Infrastructure Providers: Repurposing mining data centers for high-margin computing operations ? Traditional Miners: Struggling to stay afloat in an increasingly competitive, near-zero-profit landscape