After a rather prolonged period of pressure, Bitcoin is finally showing signs of recovery, rising 2.59% in the past 24 hours and maintaining a positive seven-day trend of 7.41%. Although it has still recorded a 10% correction on a monthly basis, today’s performance is in line with broader market sentiment, as the overall crypto market capitalization also increased by 2.24%. This recovery is driven by three key factors: a breakthrough in institutional adoption in the Islamic world, expectations of a more accommodative U.S. monetary policy, and technical momentum after breaking through significa

Bitcoin mining costs surge, public miners face record expenses
Recent industry data shows that the average cash cost for public Bitcoin miners to produce one BTC has risen to around $74,600, while the total cost—including depreciation, equipment amortization, and stock-based compensation—has increased to about $137,800.
The rise in mining costs is mainly due to the 2024 halving, which cut block rewards in half, coupled with rising energy prices, a rapid increase in network difficulty, and the need for constant hardware upgrades to keep up with intensifying global mining competition. With trans

Harvard University Takes Major Step in Bitcoin ETF
Harvard University, through its endowment management arm Harvard Management Company, has increased its holdings in the iShares Bitcoin Trust to approximately 6.8 million shares, totaling about $442.8 million. As a result, the Bitcoin ETF has become the largest public investment in Harvard’s portfolio, surpassing its stake in Alphabet/Google.
This move, at least nominally, reflects a significant shift in the traditionally conservative academic institution’s stance, prioritizing regulated cryptocurrency exposure over at least some major tech sto

According to reports, on December 7, a16z pointed out in its latest article that Bitcoin faces two major issues: governance efficiency and the initiative required for migration, and urgently needs to shift to quantum-resistant digital signatures.
The upgrade process for Bitcoin is slow, and the community finds it difficult to reach consensus on solutions, which could trigger a hard fork. In addition, the transition to quantum-resistant signatures requires asset holders to actively migrate their assets, making dormant coins vulnerable to attack.
Estimates show that the number of Bitcoins vulner

According to reports, Western Union is developing a prepaid stablecoin payment card aimed at countries experiencing severe inflation. The company’s CFO, Matthew Cagwin, stated at the UBS Global Technology & AI Conference that the product is designed to help address scenarios of rapid local currency depreciation and provide users with more stable purchasing power.
Taking Argentina as an example, where inflation exceeded 200% last year, stablecoin cards denominated in US dollars help remittance recipients better preserve value. Previously, Western Union also announced plans to launch the USD-peg

According to BlockBeats, on December 6, KobeissiLetter released data showing that the leading economic indicators in the United States continue to deteriorate, with the ratio of leading economic indicators to coincident economic indicators dropping to 0.85, the lowest since 2008.
The Conference Board Leading Economic Index (LEI) tracks forward-looking data, including consumer expectations and new manufacturing orders. At the same time, the Coincident Economic Index (CEI) measures current economic conditions, such as non-farm payrolls. Historical data shows that whenever this ratio drops signif

APRO: The Intelligence Layer—A New Foundation for Verifying Reality in Web3
The original dream of blockchain—pure and perfect—has collided with the chaotic reality of the world it seeks to digitize. Early oracles, though pioneering, essentially served as passive data pipelines, ferrying raw, undifferentiated price feeds from exchanges to smart contracts. While revolutionary at the time, this model proved acutely sensitive to data entropy—information naturally tended to become inaccurate, delayed, or manipulated as it traversed centralized nodes. The inevitable result was systemic failures: liq

Tom Lee made a bold prediction for Ethereum, estimating its future value will reach $62,000, assuming it achieves a 0.25 ratio relative to Bitcoin. Traders have shown confidence in Ethereum by purchasing $6,500 call options on Deribit, with total open interest exceeding $380 million. In addition, Tom Lee's Bitmine acquired 41,946 Ethereum worth $130.78 million. These actions indicate a positive market outlook on Ethereum's future potential.