breakthrough

Gate market shows that BTC rebounded and broke through 78,000 USDT, currently reported at 78,008.9 USDT, with a 24H decline narrowing to 1.35%.

The White House will hold a cryptocurrency summit next Monday, inviting senior representatives from the banking industry and the cryptocurrency sector in an attempt to break the deadlock over the Clarity Act. According to three industry insiders, the meeting will be chaired by the White House Cryptocurrency Committee, with the core topic focusing on whether cryptocurrency companies can offer interest or other returns on stablecoins held by customers.The banking industry is concerned that allowing cryptocurrency companies to pay returns will lead to deposit outflows, threatening financial stability. A report from Standard Chartered estimates that by the end of 2028, stablecoins could siphon off about $500 billion in deposits from U.S. banks. Cryptocurrency proponents argue that banning the payment of returns would harm competitiveness and be crucial for attracting new customers.

After setbacks in negotiations over cryptocurrency market legislation in the Senate Agriculture Committee, a Democratic senator's aide stated that the Democratic side is still willing to return to the negotiating table to push for a bipartisan compromise.The aide revealed that at the beginning of the new year, Democratic members were "caught off guard" during the negotiations, as the Republican side drafted a new version of the bill without sufficient consultation and originally planned to move directly into the markup process in mid-January. In response, the Democratic side hopes to re-engage with the committee chair, Republican Senator John Boozman's team, before a vote this week to strive for a bipartisan consensus.The Senate Agriculture Committee was originally scheduled to hold a markup and voting session on cryptocurrency legislation this Tuesday, but it has been postponed to Thursday due to severe weather in Washington. Meanwhile, some Democratic lawmakers are actively pushing to restart negotiations to reach a bipartisan-approved text before the hearing.The cryptocurrency market structure bill aims to establish a federal regulatory framework for digital assets, including clarifying the regulatory division between the SEC and CFTC, as well as related disclosure requirements. Analysts point out that, given that both the Senate Banking Committee and the Agriculture Committee need to advance their respective versions of the bill, bipartisan cooperation remains a key prerequisite for the smooth progress of the legislation.

According to reports, after negotiations on cryptocurrency market legislation hit a snag in the Senate Agriculture Committee, a Democratic senator's aide stated that the Democratic side is still willing to return to the negotiating table to push for a bipartisan compromise.The aide revealed that at the beginning of the new year, Democratic members were "caught off guard" during the negotiations, as the Republican side drafted a new version of the bill without sufficient consultation and originally planned to move directly into the review process this week. In response, the Democratic side hopes to re-engage with the committee chair, Republican Senator John Boozman's team, before the vote this week to seek a bipartisan consensus.The Senate Agriculture Committee was originally scheduled to hold a markup and voting session on cryptocurrency legislation this Tuesday, but it has been postponed to Thursday due to severe weather in Washington. Meanwhile, some Democratic lawmakers are actively pushing to restart negotiations to reach a bipartisan-approved text before the hearing.The cryptocurrency market structure bill aims to establish a federal-level regulatory framework for digital assets, including clarifying the regulatory division of responsibilities between the SEC and CFTC, as well as related disclosure requirements. Analysts point out that, given that both the Senate Banking Committee and the Agriculture Committee need to advance their respective versions of the bill, bipartisan cooperation remains a key prerequisite for the smooth progress of the legislation.

According to Jinshi data, spot silver continued its upward trend from last week, strongly surpassing 110 USD/ounce during the session, just one trading day away from breaking 100 USD last Friday, with an intraday increase of about 6%.

Spot silver continues to rise, breaking through $109 per ounce during the session, with an intraday increase of over $5, approaching a 6% gain.

According to Jinshi data, spot silver has first risen above 99 USD/ounce, with an increase of over 38% in the first month of the new year.

According to Gate's 2025 annual report, it comprehensively showcases the progress made in upgrading its VIP service system and expanding institutional business. In 2025, Gate continued to expand its service layout aimed at institutions, high-net-worth, and VIP clients. As an important part of the platform's user experience strategy, the VIP service system has evolved from a single fee discount to a more complete professional support and asset management capability. In response to the needs of high-end users, Gate launched several exclusive features such as Gate Vault, VIP-exclusive wealth management, and private wealth management, gradually building a multi-dimensional VIP service system covering trading experience, asset allocation, and security assurance.In terms of institutional business, Gate achieved multiple key growth indicators in 2025: the institutional contract trading volume increased by 34.29% year-on-year, market share rose by 101.11%, and the number of institutional users grew by 69.29% year-on-year. On this basis, Gate launched the industry's first Web2/Web3 interconnected ecological product suite, Gate SuperLink, which systematically connects fiat currency, crypto assets, and traditional finance through a modular service system. Among them, OES has integrated with leading global custodians such as BitGo, Copper, and Fireblocks, achieving significant growth in related account balances, spot trading volume, and contract trading volume by 46 times, 1,058 times, and 39 times, respectively, compared to the beginning of the year. The CrossEx one-stop trading and clearing platform supports margin sharing and unified clearing across multiple mainstream exchanges, significantly enhancing capital utilization efficiency; the Bank Custodial Trading Mode is the industry's first and only model that allows high-net-worth and institutional clients to fully control their fiat assets in independent bank custody accounts, with one-click direct access to all trading and financial services on CEX. Overall, Gate is gradually strengthening its comprehensive service system for professional funds and long-term users through the synergistic upgrade of high-end customer service capabilities and institutional-level infrastructure.

Gate officially released its 2025 annual report, showcasing the platform's continuous improvement in user scale and core trading metrics, maintaining a strong competitive position in the industry. In 2025, Gate's global user base approached 50 million, with an overall market share increase of 1.78%, ranking second globally; the monthly trading volume of the spot business exceeded $160 billion, with the global spot market share rising to 6.04%; the derivatives market share increased to 10.6%, making it the trading platform with the largest growth in derivatives market share for the year, with multiple growth performances recognized by authoritative industry media such as CoinDesk.In 2025, based on the "All in Web3" strategy, Gate built a diverse product matrix around decentralized trading, on-chain infrastructure, and user incentive systems. Gate Perp DEX, Gate Swap, Meme Go, and other Web3 products achieved a total trading volume of over $25 billion for the year, with on-chain transaction counts exceeding 6.5 million; the self-developed Layer 2 network Gate Layer surpassed 100 million on-chain addresses, with monthly transaction counts reaching tens of millions. Gate continued to strengthen its security and compliance systems, with total reserves valued at $11.676 billion and a reserve ratio of 124%, while advancing regulatory registration and licensing in several major jurisdictions, including Dubai, Malta, and Australia. Meanwhile, Gate collaborated with top global brands, becoming the official sponsor of the F1 Red Bull Racing team and the official sleeve sponsor of Inter Milan Football Club, enhancing brand recognition and emotional resonance through digital collectibles, themed receptions, and immersive offline events. By combining brand upgrades, international sports and cultural collaborations, and deep participation in global industry events, Gate is gradually expanding its business boundaries from a trading platform to a broader Web3 ecosystem and real-world application scenarios.

According to Caixin, the China Internet Finance Association disclosed that as of November 30, 2025, a total of 217 supply chain information service institutions have registered basic information with the association. From the banking sector, it is learned that the outstanding scale of accounts receivable certificates issued by relevant institutions is close to 3 trillion yuan. For banks and other financial institutions, how to explore "de-core" financing remains to be breakthrough."De-core" refers to financial institutions reducing their excessive reliance on the credit of core enterprises, using digital technologies such as big data and blockchain, and taking real data such as transaction records, orders, logistics, and cash flows of enterprises as the basis for credit assessment, to provide financing services for small and medium-sized enterprises in the chain.

Ethereum co-founder Vitalik Buterin stated that he has previously complained about the Ethereum Foundation's lack of experience in the P2P network layer, focusing more on cryptoeconomics, BFT consensus, and the block layer, often taking the network layer for granted. However, the situation has changed, as demonstrated by the performance of PeerDAS.He mentioned that members of the foundation, such as @raulvk, have made "heroic contributions" in promoting the smooth operation of PeerDAS and in developing a roadmap for faster dissemination, stronger resistance, and parallel improvements in network privacy, and he looks forward to further progress.