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South Korean crypto exchange Bithumb announced that it will add a KRW trading pair for Humidify (WET) at 9:30 a.m. UTC today.

Qatar-based Doha Bank has issued a $150 million digital bond using Euroclear's distributed ledger technology (DLT) infrastructure, CoinDesk reported. The bond is listed on the London Stock Exchange's International Securities Market.

OKX has announced it will list RAVE/USDT perpetual futures at 8:00 a.m. UTC today, with support for up to 20x leverage.

South Korean crypto exchange Upbit announced that it will list Humidify (WET) for its BTC, USDT, and KRW trading pairs at 9:30 a.m. UTC on Dec. 15.

Pudgy Penguins (PENGU) announced via X that it will take over the exterior of the Sphere, the massive electronic display structure in Las Vegas, from Christmas Eve through the first week of the new year.

The government of Bhutan has signed a Memorandum of Understanding (MOU) with cryptocurrency market maker Cumberland to develop the nation's crypto ecosystem, it announced on X. The partnership will focus on building cryptocurrency infrastructure, developing a national stablecoin, and fostering local talent.

Over the past 24 hours, the long/short ratio for BTC perpetual futures on the world's top three exchanges by open interest shows a slight dominance of short positions. The aggregate ratio stands at 48.99% long to 51.01% short. Individual exchange data is as follows: Binance (47.71% long / 52.29% short), OKX (48.64% long / 51.36% short), and Bybit (47.44% long / 52.56% short).

South Korean crypto exchange Coinone announced that it has designated Heroes of Mavia (MAVIA) as an investment warning item. The exchange explained that the project failed to disclose critical information that could significantly impact the asset's value in a timely manner or made arbitrary changes without valid reason. Coinone added that a comprehensive review found numerous deficiencies in the project's business viability and disclosures, confirming a potential for user harm.

Curve Finance (CRV) founder Michael Egorov has proposed a grant of 17.45 million CRV, worth approximately $6.6 million, to advance technology and research within the Curve ecosystem, Cointelegraph reports. The proposal, submitted on the Curve DAO governance forum, would allocate the funds to Swiss Stake AG, a developer based in Switzerland. Swiss Stake outlined its development goals for 2026, which include launching and expanding the v2 version of Curve's lending system, Llamalend, and building an on-chain foreign exchange (FX) swap market. The firm also plans to strengthen governance and operational infrastructure and maintain software repositories.

Bitcoin's declining volatility ahead of the year-end holidays is likely to limit any short-term price rebound, according to an analysis by Markus Thielen, CEO of 10x Research. Thielen noted that Bitcoin's implied volatility index is expected to continue falling, while on-chain data shows that buying pressure from both institutional and retail investors has slowed. He stated that under these conditions, the probability of a price rebound is low for the time being. While the downtrend has persisted since Oct. 10, Thielen suggested there is potential for a technical rebound in January. He advised that it is more prudent to wait for a clear trend reversal signal than to buy hastily at the current moment.

YO Labs, the developer of the cryptocurrency yield optimization protocol YO, has raised $10 million in a Series A funding round, according to CoinDesk. The round was led by Foundation Capital, with participation from Coinbase Ventures and Launchpad Capital. The company plans to use the capital to enhance the YO protocol's infrastructure and expand its services.

Nansen CEO Alex Svanevik has criticized the Ethereum community's attitude toward problem-solving. In a post on X, he noted that when presented with metrics showing Ethereum is falling behind, the community's response is often to dismiss the data as unreliable or to point out that its Total Value Locked (TVL) remains high. Svanevik warned that if the community does not become more vigilant, Ethereum will lose its competitiveness before 2030.

The volume of Bitcoin flowing into Binance in single transactions of one BTC or more has sharply declined, according to an analysis by CryptoQuant contributor Darkfost. The annual average inflow for these transactions is now approximately 6,500 BTC, the lowest level since 2018. Darkfost explained that this decrease in inflows from large holders has occurred despite a continued rise in BTC's price, which could be a signal of easing selling pressure.

Stablecoins are spreading throughout the cryptocurrency market at a pace comparable to ChatGPT, according to an analysis by Token Terminal posted on X. The firm stated that stablecoins are achieving viral adoption across consumers, businesses, banks, and governments. It added that, similar to the artificial intelligence industry, the U.S. holds a dominant position in the sector and is actively working to expand its market share.

El Salvador's Bitcoin holdings have surpassed the 7,500 mark, according to a report from CryptoBriefing. The country currently holds 7,501 BTC, valued at approximately $671 million.

The South Korean won-pegged stablecoin KRWQ has been integrated into FraxNet, Frax Finance's cross-chain settlement infrastructure designed for compliance with the GENIUS stablecoin bill. KRWQ was launched by decentralized AI and blockchain developer IQ in partnership with Frax Finance. The integration provides investors and institutions with access to KRW-USD settlement rails through Frax Finance's frxUSD infrastructure. The KRWQ team also announced plans to create new liquidity pools with support from Frax and IQ.

The Korea Asset Management Corporation (KAMCO) provided principal forgiveness on COVID-19 relief loans to borrowers who were financially capable of repaying their debts, E-Daily reported. According to a regular audit of KAMCO by the Board of Audit and Inspection, 1,944 of the 32,703 recipients of principal reduction were deemed to have a 100% repayment ability. These individuals collectively received 84 billion won ($60.8 million) in debt forgiveness. The audit also found that among a group of recipients who had over 30 million won forgiven, 269 held more than 10 million won in virtual assets at the end of last year. These crypto-holding borrowers received a total of 22.5 billion won ($16.3 million) in principal reductions. In one case, a borrower who received a 120 million won ($87,000) principal reduction in July of last year held 430 million won ($311,000) in crypto assets at year-end.

The following are the key liquidation figures for cryptocurrency perpetual futures over the past 24 hours: BTC: $108 million liquidated, with long positions accounting for 86.3%. ETH: $62.43 million liquidated, with long positions accounting for 71.66%. SOL: $13.77 million liquidated, with long positions accounting for 89.15%.

CryptoQuant CEO Ju Ki-young announced on X the launch of an Analyst Consensus Index, which was developed using Claude AI based on data from 246 analysts. He stated that backtesting over the past five years showed the index successfully predicted the 2022 bear market, the 2023 rebound, and the current market correction. Ju added that while many are asking what comes next, he believes that in the current neutral and uncertain market, it is an advisable strategy for investors to maintain their convictions and hold their existing positions.

A sharp decline in Bitcoin transfers between exchanges is a significant warning sign for the market, according to an analysis by XWIN Research Japan, a contributor to CryptoQuant. The analyst noted that while the BTC price appears stable on the surface, on-chain data suggests otherwise. The Bitcoin Inter-Flow Pulse (IFP) indicator, which measures fund flows between exchanges, has turned red, signaling a slowdown in liquidity. The analysis explains that high IFP levels typically support price stability through smooth arbitrage and liquidity provision. However, a decline in the IFP suggests the market is becoming more sensitive to smaller trades, heightening the risk of volatility. This liquidity crunch is occurring as Bitcoin reserves on exchanges sit at historically low levels. While a smaller sellable supply can support prices in the short term, it also thins order books, which can cause slippage and volatility to spike once the price starts moving. The analyst added that with market leverage still high, leveraged positions are particularly vulnerable until liquidity recovers, noting that past instances of the IFP turning red have preceded sharp corrections or sudden price swings.

Jack Yi, founder of LD Capital, stated on X that on-chain data for Ethereum (ETH) confirms continuous accumulation by whale addresses. He suggested that the current price range is a suitable time for spot purchases, arguing that the potential for price decline is limited while the upside is unlimited. Yi added that the core of investing lies in risk management and assessing the risk-to-reward ratio.

A wallet address starting with 0x7BB8, presumed to belong to cryptocurrency service provider Matrixport, withdrew 3 million ASTER ($2.84 million) from Binance approximately 13 hours ago, according to Lookonchain.

Decentralized crypto options exchange Aevo has suffered a $2.7 million hack, The Block reported. The incident stemmed from a price manipulation vulnerability that emerged during an upgrade to the platform's oracle infrastructure. Aevo stated that the hack did not affect its main Layer 2 exchange.

According to CoinNess market monitoring, BTC has risen above $89,000. BTC is trading at $89,019.14 on the Binance USDT market.

An address linked to Ethereum founder Vitalik Buterin sold 1,400 UNI ($7,480), 10,000 KNC ($2,470), and 40 trillion DINU approximately five hours ago, acquiring 16,796 USDC in the process, according to a report from Lookonchain.