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Michael Selig has been sworn in as the Chair of the U.S. CFTC

3 hours ago

On December 23, Michael Selig was sworn in as Chairman of the U.S. Commodity Futures Trading Commission (CFTC), per an official announcement. Selig stated, “We’re in a unique period right now: Emerging technologies, products and platforms are proliferating rapidly; retail participation in the commodity market has hit a historic high; and Congress is set to send a digital asset market structure bill to the President—one that will cement the U.S.’s role as a global cryptocurrency hub. I’m honored to take on the critical responsibility of overseeing the stability and security of the U.S. commodity derivatives market amid this rapid transformation.” Prior to his swearing-in, Selig served as Chief Legal Advisor to the U.S. Securities and Exchange Commission’s (SEC) Cryptocurrency Working Group and as Senior Counselor to SEC Chairman Paul Atkins.
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Suspected Bitmine Address Acquires 29,462 ETH, Valued at Approximately $88.1 Million

On December 23, per LookonChain data, a suspected Bitmine-associated address acquired 29,462 ETH from BitGo and Kraken, valued at roughly $88.1 million.

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A Whale Investor Liquidated Their ENA Holdings at a Loss of Over $15 Million, Having Bought 16.86 Million ENA at a High Price of $1.10 Each

December 23 — Per Lookonchain data, the whale address 0x72F8 deposited all 16.86 million of its ENA tokens into Coinbase Prime 7 hours ago. The tokens were purchased roughly a year ago at an average price of $1.10, totaling approximately $18.53 million in cost. Their current market value is just $3.51 million, translating to an accumulated loss of over $15 million — a roughly 81% drawdown.

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THQ's 24-hour price surge widens to 37%, boosting its market capitalization to $10.24 million

On December 23, HTX market data shows Theoriq (THQ) is up 37.81% over the past 24 hours, currently trading at $0.07304 with a market capitalization of $10.24 million. Earlier, Bithumb announced plans to list Theoriq (THQ) on its Korean won trading pair.

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Spot Silver Surges Above $70 per Ounce, Year-to-Date Gain Reaches 142%

On December 23, spot silver broke through the $70-per-ounce mark for the first time, posting a year-to-date gain of 142%, according to FXStreet.

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Bithumb will list THQ

Bithumb announced on December 23rd that THQ will be listed on the Korean won market.

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Ethereum 2025 Year-End Review: From "Experimental Network" to Global Infrastructure

**Ethereum 2025 Year-End Summary: From "Experiment" to Global Core Infrastructure** On December 23, Ethereum Foundation member *renaissancing* released the 2025 Year-End Summary for Ethereum—marking a milestone in the network’s history. Ethereum has officially shed its "experimental network" label, emerging as global infrastructure trusted by financial institutions, developers, and AI systems. ### Protocol & Technical Wins At the protocol level, Ethereum delivered two major hard forks in 2025: - **Pectra (May):** Fully implemented account abstraction, supporting gas sponsorship, transaction bundling, and universal key signing. - **Fusaka (December):** Slashed costs via PeerDAS, boosting network capacity by 8x. Additionally, Ethereum raised its gas limit three times *without a hard fork*—showcasing ongoing self-improvement capabilities. ### Regulatory & Institutional Breakthroughs Regulatory clarity and institutional adoption were key drivers: - The U.S. SEC issued

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