BlackRock: Bitcoin Winter Could Last Another Year, Support Level Between $65K and $75K

On December 19, Coinglass data shows Coinbase’s Bitcoin Premium Index has stayed in negative territory for five straight days, currently at -0.065%. BlockBeats Note: The Coinbase Bitcoin Premium Index tracks the gap between Bitcoin’s price on Coinbase (a top U.S. exchange) and the global market average. It’s a key indicator to monitor U.S. market capital inflows, institutional investment interest, and shifts in market sentiment. A positive premium (Coinbase price > global average) typically signals: strong U.S. market buying pressure, active inflows from institutional or regulated funds, ample USD liquidity, and broadly optimistic investor sentiment. A negative premium (Coinbase price < global average) usually reflects: heavy U.S. market selling pressure, reduced investor risk appetite, increased market risk aversion, or capital outflows.

On December 19, CZ addressed the question of whether he’s running a sync test for X tweets on Binance Square—allowing one-click posting across both platforms. His response: “Just comparing a feature between X and Binance Square, that’s all. Don’t read too much into it.”

On December 19, Federal Reserve Governor Christopher Waller held a "productive interview" with former President Donald Trump for the Federal Reserve Chair position, a senior government official told CNBC. The meeting took place at the White House and concluded shortly before Trump’s national address on economic issues Wednesday evening. Attendees included Treasury Secretary Benson, White House Chief of Staff Wells, and Deputy Chief of Staff Scavino. The pair discussed the labor market and strategies to boost job growth. Separately, officials noted BlackRock executive Rick Rieder will be interviewed at Mar-a-Lago in the final week of the year. Federal Reserve Governor Bowman is no longer a candidate for the role, they added. Regarding concerns that Trump is seeking a candidate who would bend to his will on rate policy, officials emphasized the Waller interview’s focus on employment demonstrates such criticisms are unfounded. They noted Trump has addressed a wide range of econom

December 19: BlackRock deposited 36,579 ETH (valued at $1.084 billion) into Coinbase, per Onchain Lens monitoring data.

Conflux co-founder Forgiven said in a post on December 19 that widely shared market data claiming “the total value of global RWA-represented assets is $410 billion” is severely misleading. The root cause is a recent artificial update from RWA data platform RWA.XYZ: Before the update, the total RWA industry asset value stood at ~$30 billion; after the update, it jumped to $410 billion overnight. The jump stemmed from two new statistical metrics added by the platform: - **Reported Asset Value**: Assets issued as digital certificates on private chains or closed systems that have not undergone actual on-chain transfers or distribution (currently ~$410 billion). - **Distributed Asset Value**: RWA assets distributed to investors via public chains, DeFi protocols, or exchanges and actively held by them (currently ~$18 billion). Forgiven noted that ~91% of the hyped $410 billion figure comes from assets on the private Canton chain, while ~$14 billion is tied to Figure’s Home Equity

On December 19, Douyin released its *Douyin Community Financial Industry Covenant (Trial)*. The document bans the following: - Promoting concepts like blockchain and digital assets; - Publishing illegal financial content tied to cryptocurrency trading, as well as offering information brokerage and pricing services for crypto transactions; - Analyzing or predicting stock buy/sell prices, hyping future trends, providing investment advice, and other illegal stock-touting activities under the guise of science popularization. (Source: Securities Times)