According to Odaily Planet Daily, RaveDAO saw its genesis membership card participants achieve a 250% return within one hour of its launch on Binance Alpha, with on-chain transaction volume reaching $25 million. It is understood that RAVE will be listed on various centralized exchanges at 2 PM UTC on December 12th.

Odaily Planet Daily reports that the Hong Kong Monetary Authority (HKMA) has issued an official alert stating that scammers are impersonating the HKMA's website, luring the public to a website bearing the HKMA's logo to trade central bank digital currencies (CBDCs) or cryptocurrencies. These scammers claim that account holders must pay relevant taxes before withdrawing funds from their accounts. The HKMA solemnly declares that this fake website has no connection with the HKMA and will never proactively contact the public regarding any personal financial matters, nor will it request any form of transfer, payment, or account verification. The public is urged to be vigilant and never click on any unfamiliar website links. For unverified information, especially information involving financial investments, remain calm and verify the information first; never transfer money directly. The HKMA has reported the incident to the Hong Kong Police Force.

Odaily Planet Daily reports that cryptocurrency market maker GSR stated that its operations are running smoothly, its business and liquidity are robust, and it will continue to provide execution and services to its clients and partners. GSR's CEO denied the online rumors about a "10/11 liquidation."

Odaily Planet Daily reports that the Party Committee of the People's Bank of China held a meeting, emphasizing that to ensure the success of the People's Bank of China's work next year, it is essential to adhere to the general principle of seeking progress while maintaining stability, fully and accurately implement the new development philosophy, continue to implement a moderately loose monetary policy, leverage the integrated effects of existing and new policies, increase counter-cyclical and cross-cyclical adjustments, focus on expanding domestic demand and optimizing supply, improve incremental growth and revitalize existing assets, and create a favorable monetary and financial environment for stable economic growth, high-quality development, and the stable operation of the financial market. (Jinshi)

Odaily Planet Daily reports that the Party Committee of the People's Bank of China held a meeting, emphasizing the need to steadily promote high-level financial opening-up and safeguard national financial security. The meeting stressed the importance of implementing global governance initiatives, actively participating in and promoting the reform and improvement of global financial governance, pragmatically conducting financial diplomacy and multilateral and bilateral monetary and financial cooperation, promoting the internationalization of the RMB, continuously building and developing a multi-channel, broad-coverage RMB cross-border payment system, steadily developing the digital RMB, improving the central bank system, and building a strong central bank. The meeting also emphasized constructing a scientific and sound monetary policy system, dynamically assessing and improving the monetary policy framework, enriching the monetary policy toolbox, and strengthening the implementation and transmission of monetary policy. Furthermore, the meeting stressed the need to comprehensively address the "five major tasks" in finance, including improving a comprehensive macro-prudential management system and a systemic financial risk prevention and disposal mechanism, strengthening macro-prudential management in key areas, and improving the basic framework for the supervision of systemically important financial institutions. The meeting also emphasized building a standardized, transparent, open, vibrant, and resilient financial market system, constructing a safe and efficient financial infrastructure system, and improving the legal basis for the central bank's functions. (Jinshi)

Odaily Planet Daily reports that Cookie DAO issued an announcement regarding the significant price drop of its token TGE on Cookie Launchpad. The announcement stated that the token's performance on and after TGE was not determined by Cookie; the project team independently decides on fundraising amounts, token economics, and liquidity arrangements. Cookie does not participate in the project's treasury, pricing, or control post-market price movements. Cookie merely acts as the InfoFi platform: providing tools for projects to operate InfoFi activities, rewarding users who genuinely bring attention, content, and mindshare to the project.

Odaily Planet Daily reports that the Party Committee of the People's Bank of China held a meeting, emphasizing the continued implementation of a moderately loose monetary policy and accelerating supply-side structural reforms in the financial sector. The meeting stressed that promoting stable economic growth and a reasonable recovery in prices are key considerations for monetary policy. It called for the flexible and efficient use of various monetary policy tools, such as reserve requirement ratio cuts and interest rate cuts, while carefully managing the intensity, pace, and timing of policy implementation to maintain ample liquidity, promote low overall social financing costs, and strengthen financial support for the real economy. The meeting also emphasized smoothing the monetary policy transmission mechanism, optimizing the use of structural monetary policy tools, strengthening coordination with fiscal policy, and incentivizing and guiding financial institutions to increase support for key areas such as expanding domestic demand, technological innovation, and small and medium-sized enterprises (SMEs). Finally, the meeting stressed maintaining the basic stability of the RMB exchange rate at a reasonable and balanced level. (Jinshi)

Odaily Planet Daily reports that Nasdaq-listed Jiuzi Holdings has announced the signing of Memoranda of Understanding (MOUs) with several institutional investors to expand its private placement to $1 billion. The funds raised will reportedly be used to support the company's cryptocurrency business development, including building secure hosting infrastructure and innovative storage solutions. (Prnewswire)

According to sources familiar with the matter, Bank of Japan (BOJ) officials believe that interest rates are likely to rise above 0.75% before the end of the current rate hike cycle, suggesting that there may be more rate hikes after next week's increase. These sources stated that officials believe even at 0.75%, the BOJ has not yet reached its neutral interest rate level. Some officials already consider 1% to be below the neutral rate. The sources indicated that even if the BOJ updates its neutral interest rate estimate based on the latest data, it does not currently expect the range to narrow significantly. The BOJ's current estimate for the nominal neutral interest rate range is approximately 1% to 2.5%. The sources also stated that BOJ officials believe the upper and lower limits of this range may themselves contain errors. (Jinshi)

According to an official announcement, Bitget has launched USD-margined CYS and USD perpetual contracts, with leverage ratios ranging from 1x to 25x. Contract trading on bots will also be available simultaneously.

According to a report by Commerzbank, Volkmar Baur stated that if Hassett (a leading candidate for the next Federal Reserve Chair) insists on pushing for interest rate cuts regardless of whether economic fundamentals support it, the dollar could come under pressure. Hassett, in an interview shortly before the Fed's latest rate cut, stated that the Fed was "significantly lagging" in its rate-cutting efforts. Data shows that the labor market is only cooling slowly, which does not support Hassett's claim. Baur believes that Hassett is unlikely to abandon his rate-cutting plan based on facts, "and the dollar may pay the price." (Jinshi)

The S&P 500 closed at a new record high on Thursday, a feat not uncommon in 2025, but this time it came six weeks after the last record. Ed Clissold, chief U.S. strategist at Ned Davis Research, said, "Given the continued strong earnings reports from U.S. companies and the proven resilience of the U.S. economy, the current market sentiment, far from frenzied, suggests there's still more upside potential by the end of the year and into early next year." Ned Davis Research isn't alone in noticing lukewarm investor enthusiasm, even with the stock market at record highs. Barclays' "Equity Fever Indicator," while stabilizing, remains well below its early October highs, indicating that the market still has "powder kegs" to fuel a potential year-end rally. (Golden Ten)

Odaily Planet Daily reports that Nasdaq-listed special purpose acquisition company Meshflow Acquisition announced the issuance of 34,500,000 units (each unit comprising Class A common stock and redeemable warrants) at $10 each, raising a total of $345 million. The company will seek mergers, acquisitions, share swaps, asset purchases, restructurings, or similar business consolidations in areas such as crypto infrastructure, decentralized coordination tools, Web3 middleware, asset tokenization, and decentralized finance (DeFi) protocols. (Globenewswire)

Odaily Planet Daily reports that decentralized derivatives protocol Synthetix has announced its return to the Ethereum mainnet on December 17th. Synthetix Liquidity Providers (SLPs) will launch at the same time, with access to SLPs using a whitelist system and plans to open them to all users as soon as possible.

According to Odaily Planet Daily, market sources indicate that the Bank of Japan believes its interest rate hike cycle may be prolonged until rates exceed 0.75%. The Bank of Japan is still unable to determine the exact level of its neutral interest rate, and (remains) confident that the range of the neutral interest rate will remain wide. (Jinshi)

According to a recent research report by Gate Research, titled "Application and Backtesting of Momentum Indicators in the Crypto Market," the BTC market will enter a structural phase characterized by high volatility and weak trends from the end of 2024 to 2025, with price movements exhibiting a mixed pattern of "range-bound oscillation + volatility expansion."

Against this backdrop, traditional trend-following momentum strategies frequently fail in these common phases, while momentum structures centered on volatility expansion perform more adaptably. Therefore, Bollinger Band breakout momentum is more effective at capturing market movements than MACD and RSI. As the overall market gradually transitions from a "trend-driven" to a "volatility-dominated" trading paradigm, the environmental fit of momentum strategies becomes a core factor determining performance.

Gate Research points out that in a market environment characterized by unstable trends and frequent fluctuations, a single momentum indicator is unlikely to be effective in the long run. A more robust composite momentum framework can be constructed by introducing ADX as a trend filter, combining it with Bollinger Bands to capture volatility expansion, and supplementing it with RSI to identify extreme sentiment ranges.