According to Odaily Planet Daily, the Canadian Imperial Bank of Commerce points out that the non-farm payroll data reflects further weakness in the US labor market; on the other hand, more resilient consumption indicates that demand remains quite favorable. Overall, this could prompt Federal Reserve policymakers who disagreed at the last meeting to reassess their stance, increasing the likelihood of an earlier rate cut in 2026. That said, Goolsby and Schmid were two major opponents who called for keeping rates unchanged last week, but they will be leaving their voting seats next year, likely to be replaced by Hamack and Logan, who are likely to be more hawkish. Therefore, changing their minds and convincing them to cut rates will be a difficult task. However, the cooling labor market will continue to weaken their resolve, as the balanced data evidence weakens the case for the Fed to maintain current rates. Therefore, the possibility of the Fed easing monetary policy earlier than 2026 is increasing. (Jinshi)

According to data from SoSoValue, Ethereum spot ETFs saw a net outflow of $224 million yesterday (December 16th, Eastern Time).

The Ethereum spot ETF with the largest single-day net outflow yesterday was the BlackRock ETF ETHA, with a net outflow of $221 million. The total historical net inflow for ETHA is currently $12.87 billion.

The second largest outflow was from the Fidelity ETF FETH, with a net outflow of $2.945 million in a single day. The total historical net inflow for FETH is currently $2.644 billion.

As of press time, the Ethereum spot ETF has a total net asset value of $18.172 billion, an ETF net asset ratio (market capitalization as a percentage of Ethereum's total market capitalization) of 5.11%, and a historical cumulative net inflow of $12.639 billion.

According to data from SoSoValue, Bitcoin spot ETFs saw a net outflow of $277 million yesterday (December 16th, Eastern Time).

The Bitcoin spot ETF with the largest single-day net inflow yesterday was the Fidelity ETF FBTC, with a single-day net inflow of $26.7224 million. The current total historical net inflow of FBTC is $11.972 billion.

The Bitcoin spot ETF with the largest single-day net outflow yesterday was BlackRock ETF IBIT, with a net outflow of $211 million. IBIT's total historical net inflow has reached $62.521 billion.

As of press time, the total net asset value of the Bitcoin spot ETF was $114.279 billion, with an ETF net asset ratio (market capitalization as a percentage of Bitcoin's total market capitalization) of 6.54%, and a historical cumulative net inflow of $57.269 billion.

1. Visa is offering USDC settlement services to U.S. banks through Solana;

2. If the Hyperliquid burn proposal is passed, $1 billion worth of HYPE will be burned, reducing the circulating supply by 13%.

3. Hong Kong-listed company MemeStrategy increased its holdings by 2,440 SOL tokens, bringing its total holdings to 12,290 tokens;

4. Binance: On December 17th, it will conduct a system upgrade for its spot trading platform and test the implementation of UTF-8.

5. Senators have introduced the "Secure Encryption Act" to combat cryptocurrency fraud, which lawyers say will deter crypto fraudsters;

6. 10x Research: Everyone is optimistic about 2026, but the data doesn't support this view;

7. Delphi Digital: The L1 valuation premium has disappeared, and market demand for homogeneous infrastructure is weakening;

8. The US Solana spot ETF saw a total net inflow of $3.64 million in a single day;

9. HashKey Holdings (03887.HK) fell below its issue price one hour after listing, with the share price temporarily at HK$6.53.

According to Onchain Lens, Matrixport deposited 1,000 BTC, worth $86.9 million, into Binance.

According to Odaily Planet Daily, U.S. Senators Elissa Slotkin (Democrat) and Jerry Moran (Republican) introduced the Strengthening Agency Frameworks for Enforcement of Cryptocurrency Act (SAFE Act) on Monday.

The bill aims to coordinate the actions of the U.S. Treasury Department, law enforcement agencies, regulatory agencies, and the private sector to combat cryptocurrency fraud and scams.

Gabriel Shapiro, General Counsel of Delphi Labs, posted on the X platform that cryptocurrency fraudsters and scammers could panic if the bill is effectively implemented. He pointed out that senior officials, including the U.S. Attorney General, the head of the Financial Crimes Enforcement Network (FinCEN), and the head of the U.S. Secret Service, will be involved in the pursuit of cryptocurrency criminals.

According to a report by the FBI, Americans lost $9.3 billion in cryptocurrency-related investment scams in 2024, a 66% increase from 2023.

Odaily Planet Daily reports that Caldera has announced the official launch of its native token, ERA, on Base, with the contract address 0x00312400303d02c323295f6e8b7309bc30fb6bce, and is offering liquidity trading on Aerodrome. This deployment is supported by Caldera Metalayer's multi-chain infrastructure, enabling a unified standard for the ERA token across various chains and near-instant cross-chain bridging. Users can perform cross-chain operations via bridge.caldera.xyz. This marks a significant step forward in Caldera's on-chain expansion plan, as ERA continues to expand to more networks, building a truly interconnected multi-chain ecosystem.

According to data from SoSoValue, the Solana spot ETF saw a net inflow of $3.64 million yesterday (December 16, Eastern Time).

Yesterday (December 16, Eastern Time), the SOL spot ETF with the largest single-day net inflow was the Grayscale SOL ETF GSOL, with a single-day net inflow of $1.88 million. The total historical net inflow of GSOL has now reached $100 million.

The second largest net inflow was into the Bitwise SOL ETF (BSOL), with a single-day net inflow of $1.35 million. BSOL's total historical net inflow has now reached $606 million.

As of press time, the Solana spot ETF has a total net asset value of $926 million, a Solana net asset ratio of 1.28%, and a cumulative net inflow of $715 million.

According to data from SoSoValue, as reported by Odaily Planet Daily, the XRP spot ETF saw a net inflow of $8.54 million yesterday (December 16th, Eastern Time).

Yesterday (December 16, Eastern Time), the XRP spot ETF with the largest single-day net inflow was the Bitwise XRP ETF, with a single-day net inflow of $6.26 million and a historical cumulative net inflow of $219 million.

The second largest inflow was the Franklin XRP ETF (XRPZ), with a net inflow of $2.09 million in a single day, bringing its total historical net inflow to $195 million.

As of press time, the XRP spot ETF has a total net asset value of $1.16 billion, an XRP net asset ratio of 0.98%, and a cumulative net inflow of $1.01 billion.

Odaily Planet Daily reports that Binance announced on its X platform that it will conduct a system upgrade and UTF-8 implementation test on its spot trading platform on December 17th. This upgrade will not affect spot trading or any related functions. During the testing phase, users may see test tokens and trading pairs appearing, which is normal. Any test tokens created on-chain with the same or similar names have not been approved by Binance.

According to a Hong Kong Stock Exchange announcement, MemeStrategy, a Hong Kong-listed company, disclosed that it has spent HK$2.4 million to purchase 2,440 SOL tokens on the open market. As of now, the company holds a total of 12,290 SOL tokens, with a purchase cost of approximately HK$14.9 million. MemeStrategy stated that it will use its dedicated Solana validator to stake its SOL holdings to generate returns through staking rewards and create a new source of income.

Odaily Planet Daily reports that Conviction is a decentralized prediction market targeting the Asian market, focusing on seamless multi-chain betting and AI-driven market insights. Users can connect and trade directly from Bitcoin, Solana, and major EVM chains (Ethereum, Base, Arbitrum, Avalanche, BNB Chain, Polygon), with future support for Sui and TON. Conviction is currently in closed beta, and early participants who join the waitlist and contribute trading volume will receive priority for subsequent community incentives. The project is expected to launch its Public Alpha in Q1 2026.

According to Odaily Planet Daily, on-chain data shows that Hyperliquid's Assistance Fund address currently holds 37,114,029 HYPE tokens, equivalent to approximately $1.01 billion. If the Hyperliquid Foundation's burning proposal is passed, it will reduce the circulating supply of HYPE by 13%.

Previously, it was reported that the Hyper Foundation had proposed a validator vote to determine whether to destroy the HYPE tokens held by the Assistance Fund, thereby permanently removing them from the circulating supply and total supply.

According to Odaily Planet Daily, Visa has begun allowing US banks and payment partners to settle transactions in the United States using the dollar-backed stablecoin USDC.

Cross River Bank and Lead Bank are among the first institutions to use Visa USDC settlement services via the Solana blockchain, with Visa planning to roll out the service more widely in 2026.

Visa stated that this move aims to provide participating banks with faster fund transfers and a seven-day settlement window, without altering the consumer card user experience. As of November 2025, the company's annualized stablecoin settlement volume exceeded $3.5 billion.