BlackRock deposits 24,791 ETH into Coinbase

On December 8, OKX CEO Star said at the invitation of Abu Dhabi Finance Week that the "Internet Generation" — those who grew up in an internet-centric environment — is building a brand-new on-chain economy. Over the next few decades, roughly 50% of global economic activity will take place on blockchain. This isn’t speculation; it’s because this generation, raised in a digital, mobile, and AI-powered world, demands financial infrastructure that aligns with their lifestyle. He argues this represents a full-scale upgrade of the economic system driven by the global digital population. Blockchain stands out because it breaks through the limitations of legacy systems from the internet era. It offers a trustless, programmable storage infrastructure that enables 24/7 real-time global value transfer, gradually boosts transparency to reduce systemic risks, and builds an open network — not a set of global financial silos. In every tech cycle, more open, transparent, and efficient systems event

Per Coinglass data as of December 8, major CEX and DEX funding rates have shifted from bearish to neutral following a recent market rebound and growing "buy the dip" chatter on social media. Funding rates for top cryptocurrencies have broadly returned to neutral levels, per the attached chart of major crypto funding rates. BlockBeats Note: Funding Rate is a fee set by crypto trading platforms to keep contract prices aligned with underlying asset prices, typically for perpetual contracts. It’s a funding exchange between long and short traders—platforms do not collect this fee. Its purpose is to adjust holding costs or profits for traders, ensuring contract prices track underlying assets closely. A 0.01% funding rate is the baseline. Rates above 0.01% signal bullish market sentiment; rates below 0.005% indicate bearish sentiment.

On December 8th, Tom Wan—Head of Data at Entropy Advisors—posted on social media that even as the average Blob Gas price saw an exponential increase following the Fusaka upgrade (with most instances remaining at 1 wei), the Blob base fee has stayed at an extremely low level, around $0.03. Additionally, this EIP proposal delivers another key benefit: Blob prices are now more predictable and less volatile, making it easier for Layer 2 (L2) projects and institutions to forecast costs.

December 8 — Official sources confirm that OKX will officially launch the STABLEUSDT perpetual contract on December 8, 2025, at 9:30 PM UTC+8 across web, app, and API platforms, with support for up to 50x leverage.

December 8 — Per a Business Insider report, Joe Ciolli, author of the *First Trade* column, noted that Bitcoin has tracked the U.S. stock market’s performance over the past decade. However, as of 2025, U.S. stocks have posted double-digit gains—while Bitcoin remains in negative territory. Key drivers of the divergence: - Dip-buying retail investors have gone quiet, with sharply cooled sentiment toward Bitcoin directly slowing ETF inflows. - Precious metals gold and silver, which hit new highs this year, have drawn some investor attention away; some argue they’ve temporarily replaced Bitcoin in portfolios. Ciolli added that recent Bitcoin declines may purge weak-handed speculators, leaving mostly staunch long-term holders (many with multi-year positions). If Bitcoin can address unique selling pressure concerns—such as forced selling by large institutional holders like Strategy—it’s likely to re-couple with stocks long-term, especially if interest rate cuts materialize as expec