Binance CEO: Global Crypto Adoption is Accelerating, Crypto User Base Grows from 170 Million to 300 Million in Just One Year

December 26 — Data from Lookonchain shows trader Simonbanza racked up over $1.9 million in profits on Polymarket in just two weeks. He closed a total of 108 positions, 64 of which were winners, for a win rate of roughly 59%. Most of his gains stemmed from accurate bets on sports event outcomes.

December 26th — Per lookonchain monitoring data, crypto trader 0x94d3 has delivered strong recent performance: After selling 255 BTC (~$21.77M), the trader shifted to shorting BTC, ETH, and SOL, netting $3.85M in profits. Currently, 0x94d3 is again shorting all three assets simultaneously, with unrealized profits topping $1.77M.

December 26: Spot gold climbed to $4,540 per ounce, gaining 1.35% in intraday trading. Spot palladium surged past $1,900 per ounce, up more than 12% on the day. Spot platinum extended its rally, jumping over 10% intraday to hit an all-time high of $2,452.95 per ounce. (Source: Oriental Wealth)

As of December 26, per Coinglass data, total net liquidations across crypto markets over the past 24 hours reached $258 million. Long positions accounted for $155 million of the total, while short positions made up $103 million. Globally, 95,484 traders were liquidated in the same period, with the largest single liquidation being a $14.14 million BTC-USD position on the Hyperliquid exchange.

On December 26th, Glassnode co-founder Negentropic published a post highlighting positive shifts in Bitcoin’s current price structure. Recent pullbacks continue to attract buying support, with prior lows holding firm—signaling a constructive overall market trend. A key structural change is that the derivative “deleveraging effect” has largely dissipated. Following the settlement of Bitcoin’s largest-ever options expiration (notional volume ~$23.6 billion), the price suppression driven by hedging activity in recent weeks is ending. Negentropic noted that before the options expiry, market uptrends were often suppressed by mechanical hedging—not genuine supply and demand dynamics. As relevant funds exited the market, BTC is no longer “pinned,” and the price structure is expected to revert to market-driven forces. The price discovery mechanism will return, with upward bias gradually strengthening. From a macro perspective, he emphasized the liquidity environment remains improving.

On December 26, Dutch lender ABN AMRO scored a key win in the digital asset sector. Its German subsidiary Hauck Aufh?user Digital Custody has been authorized under the EU’s **Markets in Crypto-Assets Regulation (MiCAR)**, making it one of the first approved firms to offer crypto asset custody and trading services to institutional clients under the bloc’s unified regulatory framework. MiCAR took effect on December 30, 2024. Approved by Germany’s financial watchdog BaFin, the subsidiary can now custody and manage crypto assets for clients. As part of ABN AMRO’s European digital asset strategy, it plans to roll out these services to other EU member states gradually via the bloc’s passporting scheme. Separately, ABN AMRO and DZ BANK completed the first cross-border over-the-counter (OTC) Smart Derivative Contract (SDC) trade. Powered by blockchain, the 10-day trade automated settlement, valuation, and collateral management on-chain. Daily cash payments were processed via SEPA, with f