OKX will list STABLE Perpetual Swap Trading

On December 8, Bloomberg ETF analyst Eric Balchunas noted in a social media post that BlackRock has filed a formal prospectus (Form S-1) with the U.S. SEC for the iShares Staked Ethereum Trust ETF—its fourth cryptocurrency-related ETF product. Previously, BlackRock had applied for spot Bitcoin, spot Ethereum, and a “Bitcoin Strategy” ETF.

On December 8, Stable took to social media to announce that STABLE tokens are now available for claiming. Users can check their eligibility and claim their allocated tokens through the platform.

On December 8th, on-chain analyst Ai Auntie (@ai_9684xtpa) noted that the suspected "1011 Insider Whale" address— which withdrew 77,385.34 ETH on December 1st— currently holds an unrealized gain of $23.47 million. The average withdrawal price for that ETH was $2,835, while the current price sits at $3,141. As previously reported by BlockBeats, the same address deposited $230 million in stablecoins to Binance on December 1st. A newly created address then withdrew the 77,385.34 ETH (worth approximately $219 million at the time) from the exchange.

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.