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When a U.S. government shutdown triggers a dollar confidence crisis, both bitcoin and gold simultaneously reach new all-time highs. Standard Chartered Bank points out that $125,000 is not the end, and the year-end target price will be...
Quick Take Summary is AI generated, newsroom reviewed. Grayscale launched the first US spot crypto ETPs with staking for Ethereum (ETH) and Solana (SOL). The products combine regulated crypto exposure with staking rewards, appealing to both retail and institutional investors. The products combine regulated crypto exposure with staking rewards, appealing to both retail and institutional investors1qqReferences 🚨BREAKING: Grayscale just launched the first-ever US spot crypto ETPs with staking for $ETH and $S
Quick Take Summary is AI generated, newsroom reviewed. Digital asset investment products recorded a historical high of $5.95 billion in a single week. Bitcoin dominated the rally with a record $3.55 billion inflow, pushing its assets under management to $195 billion. Ethereum, Solana, and XRP also saw strong demand, with the US leading regional inflows at $5 billion. The surge reflects renewed institutional and retail confidence, diversifying capital into top-tier crypto assets.References According to Coin
Intercontinental Exchange invests $2 billion in Polymarket, valuing the prediction platform at $9 billion as Wall Street embraces decentralized markets.
- 07:47Pump's live coin GBACK hits a record high market cap of $23.8 million, with a 24-hour increase of 53%.BlockBeats News, December 17th, according to Pump Live broadcasted the Meme coin GBACK once again experienced a significant surge today, with a 24-hour increase of 53%, reaching a market value of $23.8 million, hitting a historical high, and is currently trading at around 0.0238. The market value of other live broadcast coins mostly remains below $2 million, with GBACK taking a significant lead. BlockBeats reminds users that Meme coin trading is highly volatile, mostly driven by market sentiment and concept hype, without actual value or use case. Investors should be aware of the risks.
- 07:42U.S. Senator Introduces Bill to Establish Federal Task Force to Combat Cryptocurrency FraudBlockBeats News, December 17th, a U.S. Senator introduced the "Security and Accountability For Every Port (SAFE Crypto) Act," aiming to establish a federal working group to identify, track, and combat cryptocurrency fraud. The working group will bring together the Treasury Department, law enforcement agencies, financial regulatory agencies, and private sector experts. The group will focus on studying current trends in digital asset fraud, identifying effective methods to prevent such crimes, providing local law enforcement with stronger investigative tools, and increasing public awareness of common cryptocurrency scams.
- 07:38Hong Kong SFC releases quarterly report: Q3 virtual asset spot ETF total market value reaches $920 million, up 217%Jinse Finance reported that the Hong Kong Securities and Futures Commission (SFC) has released its Q3 report for July to September 2025, which disclosed that the total market value of virtual asset spot ETFs in Q3 reached $920 million, representing a 217% increase since their launch. The assets under management of the five tokenized money market funds reached HK$5.387 billion (approximately $692 million), a 391% increase compared to the previous quarter. In addition, the Hong Kong SFC stated that it has confirmed that the stamp duty exemption for the transfer of ETFs also applies to tokenized ETFs, aiming to promote secondary market trading of tokenized ETFs and further expand market access for tokenized fixed income and money market products. Currently, licenses have been issued to 11 virtual asset trading platforms, and the SFC is reviewing license applications from 8 other virtual asset trading platform applicants.