Hong Kong Treasury Bureau and Securities Regulator Release Consultation Conclusions on Licensing of Virtual Asset Trading and Custody

Per an official announcement on December 26, Upbit will list zkPass (ZKP).

December 26th, per monitoring from HyperInsight (via their Telegram channel @HyperInsight), the "BTC OG Insider Whale" still holds a combined $755.48 million in long positions across BTC, ETH, and SOL. The whale has an unrealized loss of $41.8 million total, plus $2.936 million in paid funding fees. Current positions break down as follows: - Long $603.7 million in ETH, entry price $3,147.39, unrealized loss $35.62 million; - Long $88.82 million in BTC, entry price $91,506.7, unrealized loss $2.61 million; - Long $62.96 million in SOL, entry price $130.19, unrealized loss $3.57 million.

On December 26, per an official announcement, Bithumb is set to list ZKP.

December 26 – Coinglass data shows funding rates across major centralized (CEX) and decentralized (DEX) exchanges have again shifted to a full bearish outlook, with specific rates for top coins detailed in the attached image. BlockBeats Note: Funding rates are fees set by crypto exchanges to align perpetual contract prices with underlying asset values. They function as a fund transfer mechanism between long and short traders—exchanges themselves do not collect this fee. The rate adjusts traders’ holding costs or profits to keep contract prices close to the underlying asset. A 0.01% rate is the baseline: rates above 0.01% signal a broadly bullish market, while rates below 0.005% indicate bearish sentiment.

December 26 – Moody’s Chief Economist Mark Zandi said the Federal Reserve may cut interest rates multiple times in 2026—not because of economic prosperity, but because he views the U.S. economy as in a delicate balance. Zandi noted this dynamic signals a gradual, cautious rate path ahead, rather than an aggressive rate-cut cycle. Inflation has also complicated the Fed’s rate-cut outlook. Zandi argues the consumer price index (CPI) is closer to 3% than the central bank’s 2% target, slowing policymakers’ ability to act. Official data supports his assessment: U.S. CPI rose 2.7% year-over-year in November 2025 (core CPI at 2.6%), still above the Fed’s goal. “Inflation remains well above the level the Fed wants to see,” Zandi said. “While upside surprises are still possible, risks are two-sided.” (Source: FX Street)

Dec 26 — Solana-based meme coin WhiteWhale has hit a record market capitalization, surpassing $18 million, according to data from GMGN. As of the latest figures, its market cap stands at $18.44 million, with a 24-hour gain of 33.82%. BlockBeats reminds users that meme coin trading is highly volatile, often driven by market sentiment and hype, and lacks tangible value or real-world use cases. Investors should exercise caution and be aware of the associated risks.