During the Q&A session at Binance Blockchain Week, someone asked CZ:
“If you could make 5 wishes to God, what would you choose?”
CZ said that 5 wishes are too many, one is enough.
He admitted that he doesn’t have many wishes, because the excitement of life comes from uncertainty:
“If the game is destined for you to win from the very beginning, then it’s no fun.”
His only wish is:
“I hope everyone has good health, and I also hope that God doesn’t give me too many unfortunate situations.”

At the Binance Blockchain Week event, when asked, "What is the one thing you want to tell the world? Why is it always Bitcoin?" Michael Saylor gave a highly representative answer:
"Think about how to leverage digital technology to bring better value to your products, services, company, and investors. Don't be afraid of new things, and don't be scared by volatility—because volatility means it's strong, dynamic, and it's the most useful thing in the entire capital market."
"This may be the most extraordinary force of our lifetime."

Highlights of this Issue
The statistical period for this issue covers November 28, 2025 to December 5, 2025. This week, due to adjustments in statistical methods, RWA market data showed some changes: the total on-chain market cap declined slightly, but the number of holders continued to grow, indicating a steadily strengthening user base. The total stablecoin market cap surpassed $300 billion, but both transfer volume and monthly active addresses decreased compared to the previous period, suggesting that the market may be transitioning from previous high-growth phases to a "new normal" focused on user penetration and ecosystem consolidation. On the regulatory front, the UK's FCA has opened a regulatory sandbox for stablecoin companies, the US FDIC plans to release an implementation draft of the GENIUS Act, and the Bank of Israel has signaled intentions to strengthen oversight—major global economies are accelerating efforts to bring stablecoins under prudent regulatory frameworks. On the project side, tokenized assets continue their global expansion trend: Europe's largest asset manager Amundi launched its first tokenized money market fund, and Japan Post Bank is advancing the application of DCJPY in real estate.

Daily Market Key Data Review and Trend Analysis, produced by PANews.
1. Market Observation
The U.S. labor market has recently shown conflicting signals. Last week, initial jobless claims unexpectedly fell to 191,000, the lowest since last September, indicating resilience in the job market; however, continuing claims remain at a high level of 1.94 million, reflecting structural challenges for the unemployed to find new jobs. Against this backdrop, the market's expectation for a Fed rate cut at the December 10 meeting has risen to 87%. National Economic Council Director Kevin Hassett predicts the Fed may cut rates by 25 basis points. In addition, the Federal Reserve's quantitative tightening policy has ended, and the market expects the launch of a "reserve management purchase" plan as early as January next year, buying about $35 billion per month to supplement liquidity. Although officials emphasize that this is not a new round of quantitative easing, investors still see it as a dovish signal. Meanwhile, the U.S. Treasury market regu

HumidiFi—the largest dark pool protocol on Solana, has become the DEX with the highest trading volume on Solana within just half a year of launch, accounting for over 50% of the market share, with plans for TGE on December 5th.
Let's talk about the somewhat "cloudy and foggy" litepaper that HumidiFi has already released and see what exactly HumidiFi is doing.
People are used to categorizing HumidiFi as part of the "dark pool" sector, while HumidiFi refers to its own DEX model as "Prop AMM"—a proprietary automated market maker.
Compared to the traditional AMM k = x \ y passive order matching, Prop AMM

While major economies around the world are still debating how to regulate cryptocurrencies, the UK has quietly made a key institutional move.
On December 3 local time, John McFall, Speaker of the House of Lords, officially announced that the “Property (Digital Assets, etc.) Act” had been approved. This means that, with the assent of King Charles, the bill has officially become law. From now on, under the legal framework of England and Wales, cryptocurrencies, stablecoins, and other digital assets are clearly recognized as a form of property.
A Key Leap from “Case Law Recognition” to “Codification”
This legislation is not created out of thin air, but is a confirmation and elevation of existing judicial practice. Previously, UK case law had already established the principle that digital assets constitute property through several court rulings. However, such case-by-case recognition has always lacked the clarity and stability of written law.
The core of this act is to incorporate the recommendations of the UK Law Commission in 2

PANews November 2025 Columnist Influence Ranking TOP5 and Column Article Popularity Ranking TOP10 (hereinafter referred to as the "Double Rankings") were released today. We conducted a comprehensive evaluation of all columnists' publications and the popularity of all column articles on the PANews platform in November to create the Double Rankings.
Columnist Influence Ranking TOP5
Based on publication frequency, article quality, and readership, we have compiled the TOP5 most influential columnists for November. As shown in the image above, the 5 columnists on the list are:
No.1

Bitmine suspected of buying 41,946 ETH again about 5 hours ago, worth approximately $130 million
According to Lookonchain, Bitmine, a suspected institution under Tom Lee, bought approximately 41,946 ETH again about 5 hours ago, with a transaction value of about $130.78 million.
JPMorgan: Whether Strategy can hold may be the key to Bitcoin’s short-term trend
According to The

On December 4, 2025, Japan's government bond market suddenly entered an abnormal state. The 30-year yield broke through its all-time high of 3.445% in one fell swoop, the 20-year government bond returned to levels last seen at the end of the last century, and the 10-year yield, which serves as the policy anchor, also rose to 1.905%, marking the first time it has reached this range since 2007.
Surprisingly, this loss of control over long-term rates was not triggered by a sudden change in macro data, but rather by the market's accelerated pricing of a rate hike at the Bank of Japan's meeting on the 18th to 19th of this month.
Currently, the implied probability of a rate hike in interest rate derivatives has climbed to over 80%, with market sentiment entering a "countdown mode" ahead of the official policy statements.
The Invisible Channel of YCC: The Yen Engine Behind Global Liquidity
To understand this round of turmoil, we still need to return to the Bank of Japan's core policy framework of the past decade—Yield Curve Control (YCC). Since 2016, the Bank of Japan has adopted an extremely

Author: Deep Tide TechFlow
It's the end of the year again, and it’s foreseeable that major institutions’ 2026 crypto predictions and outlooks will be released one after another over the next month.
But before looking at the new predictions, why not first review what these institutions said last year; after all, anyone can make predictions, but accuracy is what truly matters.
Looking back to the end of 2024, market sentiment was high, BTC had just broken through $100,000, and most predictions were optimistic:
For example, BTC would hit $200,000, the stablecoin market would double, AI agents would ignite on-chain activity, crypto unicorns would flock to IPOs... Now a year has passed—did those predictions come true?
We selected some typical views from last year's various prediction reports by institutions and individuals for a detailed review, to see whose predictions were more accurate.
1. VanEck: Accuracy rate 10%, only pre

Author: Deng Tong, Jinse Finance
On December 2, 2025, according to Nikkei News, video game and technology giant Sony Group plans to issue a US dollar-denominated stablecoin next year for purchasing games and anime within its digital ecosystem.
Japan also has a relevant stablecoin regulatory framework, so why did Sony choose to issue the stablecoin in the US rather than in Japan?
1. Where will Sony issue its stablecoin?
Since the US passed the GENIUS Act earlier this year, it has become a very good option. Previously, Sony's banking division, Sony Bank, submitted an application in October seeking a US national banking license. This license would allow its subsidiary trust bank to engage in "certain specific activities involving cryptocurrencies."
According to reports from October, this bank will operate as a trust company in the US and provide cryptocurrency services, including issuing USD-backed stable...

Author: Frank, PANews
In the closing session of Binance Blockchain Week, Binance founder Changpeng Zhao (CZ) engaged in a face-to-face in-depth debate with renowned "Bitcoin skeptic" and gold advocate Peter Schiff. During this conversation, the two fiercely discussed gold and Bitcoin from multiple dimensions, including store of value, transactional attributes, and forms of currency.
Surprisingly, Peter Schiff, the economist who has long criticized cryptocurrencies, actually took the stage with his own "tokenization project."
Bitcoin Opponent Moves Toward the "Tokenization" Track
The opening of the debate was quite dramatic. Despite being in what CZ referred to as his "home court advantage," with an audience full of cryptocurrency supporters, Peter Schiff did not show any signs of stage fright. Even more interestingly, the debate did not begin with intense

At Binance Blockchain Week, the newly appointed Binance Co-CEO, He Yi, shared her personal growth story: Before turning 16, she aspired to be a supermodel and persisted in competing despite knowing she "didn't meet the standards." With no hosting background, she proactively approached a TV station and said, "I don't need a salary, I'll do my own makeup, just give me a chance."
This stubborn "never give up until I hit a wall" attitude also led her into the crypto industry: "Gold is great, but innovation is the future. Bitcoin opened up an entirely new world for me."
She emphasized that the pursuit of wealth and luxury is instinctive, but for her and for Binance, what they want is to "make history" and make Binance a Big Name in history.

At the Binance Blockchain Week speech, Tom Lee pointed out that this year, the crypto market has underperformed traditional assets, but “no one can really explain” the reason for the decline. He believes the core factor is deleveraging, and its pace is highly consistent with the eight-week recovery period after the FTX collapse, which means the market may be close to a bottom.
He revealed that five weeks ago, Fundstrat, in collaboration with market timing expert Tom DeMark, significantly slowed down ETH purchases, but recently accelerated again, buying nearly 100,000 ETH last week, because they believe the price has bottomed out.
Regarding Bitcoin, Tom Lee

Author: imToken
In the previous article of the Interop series, we introduced the Open Intents Framework (OIF), which acts as a universal language, allowing users to express their intent, such as "I want to buy an NFT cross-chain," and be understood by solvers across the network.
But just "understanding" isn't enough—the intent must also be "fulfilled." After all, once you express your intent, how does your fund safely transfer from Base to Arbitrum? How does the target chain verify that your signature is valid? Who covers the gas fees on the target chain?
This involves the core of the "Acceleration" phase in Ethereum's interoperability roadmap—the Ethereum Interoperability Layer (EIL). Recently, the

Author: zhou, ChainCatcher
Over the past month, a series of emerging crypto projects—including DOGE, XRP, Solana (SOL), Litecoin (LTC), Hedera (HBAR), and Chainlink (LINK)—have successively been approved for spot ETF listings. Contrary to widespread market expectations, the prices of these assets did not soar following the ETF launches. Instead, there has been a continuous capital inflow alongside significant price pullbacks, prompting reflection: Does ETF approval still provide effective long-term support for crypto prices?
1. Price Pressure: Short-term Sentiment and Speculative Shakeout
From late October to November, the market saw a wave of emerging crypto asset ETF listings. However, according to

Author: nader dabit
Compiled by: Tim, PANews
Autonomous AI agents are exciting and full of potential, but there is an obvious question: who controls them?
Smart contracts give us financial sovereignty with verifiable code and non-seizable assets, but this is achieved through strict limitations: they must operate entirely on-chain, resulting in high execution costs and limited functionality, only able to perform preset simple logic.
AI agents need to process massive amounts of data, make complex decisions, and interact with off-chain systems, which seems to contradict the features that ensure the sovereignty of smart contracts.
Sovereign Agents
Once AI agents shift off-chain to access the computing power and data they need, these sovereignty guarantees disappear. At that point, your agent becomes subject to the control of server operators, API key holders, and those who control model weights.
In short: how do we extend sovereignty guarantees

Today's Top News Alerts:
1. US SEC Chairman: Bitcoin Market Structure Bill Set to Pass
2. Ethereum Mainnet Successfully Activates Fusaka Upgrade, Significantly Boosting Data Processing Capability
3. YZi Labs Issues Rectification Notice to 10X Capital, Warning BNC Shareholders of Their "Disruptive Behavior"
4. Solana Mobile to Launch SKR Token in January 2026, 30% Allocated for Airdrop
5. Ethereum Treasury Company Purchased Only 370,000 ETH in November, Down About 81% from August Peak of 1.97 Million ETH
6. Tom Lee Purchases Another $150 Million in Ethereum
7. Bloomberg: Total Value of Crypto Industry M&A Deals Surpasses $8.6 Billion This Year, Setting New Record

Solana Chair Lily Liu: What Fintech Needs Is Not “Showing Off Technology,” but Speed, Cost, Liquidity, and Utility
At Dubai Binance Blockchain Week, Lily Liu emphasized that Solana’s core goal has never been “technology for technology’s sake,” but rather building infrastructure that truly serves the financial system. She pointed out that the most fundamental needs of finance are only four: speed, cost, programmability, and liquidity.
Solana chose to put all these capabilities on a single chain, which is why it insists on not doing L2, sharding, or sub-chains. “This is the reason Solana was considered ‘heretical’ early on, and it’s also the key to keeping our vision clear.” Lily stated that a platform that enables developers to build applications and enhance the “utility of money” is the most valuable.