Intuition (TRUST) Price Predictions: Short-Term Trading vs Long-Term Holding

The way we pay has changed more in the past five years than in the previous fifty. But as real-time payments become the global standard, the industry is entering a new phase. In this interview, Fintech News Network’s Vincent Fong sits down with Hasan Khan, Business Head for Cards & Unsecured Lending at Trust Bank, [...] The post The Next Chapter in Payments: Safety, Experience & Speed | Hasan Khan (Trust Bank) appeared first on Fintech Hong Kong.

PANews reported on December 9th, citing Cointelegraph, that Jonathan Gould, Comptroller of the Currency (OCC), stated that cryptocurrency companies seeking U.S. federal banking licenses should be treated the same as other financial institutions. Speaking at a blockchain conference on Monday, he noted that new license applicants in the digital or fintech sector can be seen as offering novel services to national trust banks, and that custody and safekeeping services have been conducted electronically for years. He argued that differentiating digital assets is unreasonable and that banks should not be confined to past technologies and businesses. Gould stated that the banking system is capable of evolving from the telegraph era to the blockchain era. So far this year, the Office of the Comptroller of the Currency has received 14 applications for new bank establishment, some from entities engaged in novel or digital asset businesses, a number almost identical to similar applications over the past four years. Issuing licenses helps the banking system keep pace with the development of the financial industry and support the modern economy; entities engaged in digital asset and other emerging technology-related activities should have a path to become federally regulated banks.

US OCC Commissioner: There is no reason to treat banks and crypto companies differently. According to Cointelegraph, Jonathan Gould, Comptroller of the Currency (OCC), stated that cryptocurrency companies seeking federal banking licenses should be treated the same as other financial institutions. Speaking at a blockchain conference on Monday, he noted that new license applicants in the digital or fintech sectors can be seen as offering novel services to national trust banks, and that custody and safekeeping services have been conducted electronically for years. He argued that differentiating digital assets is unreasonable and that banks should not be confined to past technologies and businesses. Gould stated that the banking system is capable of evolving from the telegraph era to the blockchain era. So far this year, the OCC has received 14 applications for new bank establishment, some from entities engaged in novel or digital asset businesses, a number almost identical to similar applications over the past four years. Issuing licenses helps the banking system keep pace with the development of the financial industry and support the modern economy; entities engaged in digital asset and other emerging technology-related activities should have a path to becoming federally regulated banks. GlassNode co-founder: The bearish window for ETH has closed. Negentropic, co-founder of on-chain analytics platform Glassnode, posted on the X platform that ETH is quietly brewing its next breakout, having already climbed back above its 50-day moving average, indicating a trend breakout with continuously rising momentum. This has occurred twice before, and the strong rebound is accelerating, suggesting the bearish window for ETH and other cryptocurrencies has closed. Negentropic previously stated that rising prices of hard assets like gold, silver, and copper typically trigger better performance for Bitcoin and a structural bull market transition. Global liquidity is shifting from financial tightening to expansion, and cryptocurrencies will be the biggest beneficiaries. An address turned $716 into $244,000 by trading Franklin tokens, achieving a return of 340 times. According to Lookonchain monitoring, trader FKveRx turned $716 into $244,000 in just one week, a return of 340 times. He spent $716 to buy 16.3 million Franklin tokens, then sold 4.8 million Franklin tokens for $20,500, and currently still holds 11.5 million Franklin tokens, worth $224,000. HASHKEY disclosed IPO details: plans to raise up to HK$1.67 billion, and is expected to list on December 17. According to the Hong Kong Economic Journal, HASHKEY HLDGS (new listing number: 03887) will be open for IPO from December 9th to 12th. HASHKEY, the parent company of the Hong Kong-licensed virtual asset exchange Hashkey Exchange, plans to issue 240 million shares, with 10% offered publicly in Hong Kong. The offer price ranges from HK$5.95 to HK$6.95, raising up to HK$1.67 billion. Each lot consists of 400 shares, with an entry fee of HK$2,808. HASHKEY is expected to list on December 17th. JPMorgan, Guotai Haitong, and Guotai Junan International are the joint sponsors. As of October 31st, the company had HK$1.48 billion in cash and cash equivalents and HK$570 million in digital assets. Of these digital assets, mainstream tokens accounted for 89%, including ETH, BTC, USDC, USDT, and SOL. As of the end of September, the platform's assets exceeded HK$19.9 billion, of which 3.1% were held in hot wallets and 96.9% in cold wallets. The exchange's cumulative spot trading volume reached HK$1.3 trillion. Its main business is transaction facilitation services, accounting for nearly 70% of revenue. HASHKEY incurred losses of HK$590 million, HK$580 million, and HK$1.19 billion in the past three years, respectively. In the first six months of this year, HASHKEY's loss attributable to equity shareholders was HK$510 million, narrowing by 34.8% year-on-year, while revenue fell 26.1% to HK$280 million. In terms of shareholding, Lu Weiding, chairman of Wanxiang Group and an investor in HASHKEY, is one of the controlling shareholders, holding 43.2% of the shares and also having the right to exercise 22.9% of the voting rights on the employee stock ownership plan platform; HASHKEY founder Xiao Feng holds 16.3% of the shares; and other investors hold 17.6%. HASHKEY introduced nine cornerstone investors, including UBS AM Singapore, Fidelity Investments, CDH, Xinting Fund, Infini, Zhiyuan Holdings (00990), Litong, Space Z PTE. LTD., and Shining Light Grace Limited, with an investment of US$75 million (approximately HK$590 million). Indian law enforcement agencies seized 41.9 billion rupees in assets in a cryptocurrency case and declared one person an economic fugitive. According to the Business Standard, the Indian Parliament disclosed on Monday that the Indian Enforcement Authority has seized approximately 41.9 billion rupees (about $465 million) in proceeds of crime in a cryptocurrency-related case under anti-money laundering laws, and declared one defendant an economic fugitive. In addition, the Central Board of Direct Taxes (CBDT) discovered 8.8882 billion rupees (about $100 million) in undeclared income from virtual digital asset (VDA) transactions during searches and seizures. In a written reply to the Lok Sabha (House of Representatives), Pankaj Chaudhary, Minister of State for Finance of India, stated: “The Central Direct Taxation Committee issued notices to 44,057 taxpayers who traded or invested in virtual digital assets but failed to file reports in the VDA supplement to their Income Tax Return (ITR). The Enforcement Authority investigated several cryptocurrency-related cases under the Prevention of Money Laundering Act, seizing/confiscating/freezing proceeds of crime worth ₹41.8989 billion, arresting 29 people, and filing 22 indictments. One defendant has been declared an economic fugitive.” He stated that crypto assets/virtual digital assets are unregulated in India, and the government is undertaking capacity-building initiatives to strengthen the monitoring and investigation of transactions related to virtual digital assets. The CEOs of Bank of America, Wells Fargo, and Citigroup will meet with U.S. senators on Thursday to discuss legislation for the crypto market. According to Bloomberg, sources familiar with the matter revealed that Bank of America Corp. CEO Brian Moynihan, Citigroup CEO Jane Fraser, and Wells Fargo CEO Charlie Scharf plan to meet with bipartisan senators on Thursday to discuss cryptocurrency market legislation that may soon be put to a vote. The discussion, organized by the Financial Services Forum, an alliance of large banks, is expected to focus on bankers' opposition to allowing stablecoins to pay interest, as well as issues such as banks' competitiveness in the cryptocurrency space and preventing the use of cryptocurrencies for illicit activities. Senators involved in cryptocurrency market structure legislation have been invited to the meeting. Tether's stablecoin USDT has received key regulatory approval in Abu Dhabi, enabling its use on multiple major blockchains. According to its official blog, Tether announced that its stablecoin USDT, issued on multiple major blockchains, has been recognized as an "Accredited Fiat Reference Token" (AFRT) by the Abu Dhabi Global Market (ADGM). This recognition enables institutions authorized by the ADGM's Financial Services Regulatory Authority (FSRA) to conduct regulated activities involving USD stablecoins on blockchains such as Aptos, Celo, Cosmos, Kaia, Near, Polkadot, Tezos, TON, and TRON. This approval builds upon the ADGM's previous recognition of USD stablecoins on the Ethereum, Solana, and Avalanche blockchains. With this decision, Tether now has USD stablecoin recognition on virtually all of the major blockchains it supports, including Aptos, Celo, Cosmos, Kaia, Near, Polkadot, Tezos, TON, and TRON. The U.S. Bureau of Labor Statistics announced that it will not release October's PPI data for the time being; instead, it will be released together with the November data in January of next year. According to Jinshi News, the U.S. Bureau of Labor Statistics (BLS) has announced that it will not release a press release for the October 2025 Producer Price Index (PPI). Due to the funding disruption (leading to the government shutdown), the BLS is delaying the collection of data for the October reference period. The BLS plans to release the October data on January 14, 2026, along with the November 2025 PPI press release. US Senator Moreno called the crypto bill negotiations "frustrating," with the legislative process progressing tensely towards the end of the year. According to The Block, Ohio Republican Senator Bernie Moreno said negotiations over the cryptocurrency market structure bill over the past few weeks have been “quite frustrating,” and Democrats and Republicans plan to meet on Tuesday. Moreno outlined the progress of discussions regarding the broader bill’s scope at the Blockchain Association policy summit in Washington, D.C., on Monday. Moreno said, “I don’t want to rush into a bad bill just to show we’ve passed some bills. It’s better not to make a deal than to make a bad one.” The House and Senate’s versions of the market structure bill are still being coordinated. The House passed its version of the Clarity Act in July. While the Senate proposal is not significantly different, passing a bill in the Senate is generally more difficult than in the House. Previously, Senate Banking Committee Chairman, Republican Tim Scott, stated that holding a hearing on bill revisions on December 17 or 18 was “feasible.” However, on Monday, Senator Mark Warner, a Democrat, revealed that completing the hearings before the holidays would be difficult, as they are awaiting the White House’s stance on quorum and ethics issues. Changpeng Zhao responded to the Binance employee misconduct incident: Although he is no longer managing Binance, he will still assist in handling similar reports. Changpeng Zhao responded to Binance's previous report about an internal employee abusing their position for personal gain, stating: "Although I no longer manage Binance, I will handle any reports of employee misconduct submitted via private message or comments appropriately. I have heard that the aforementioned case has been filed with the police. Binance maintains close cooperation with law enforcement agencies in various countries (primarily assisting them), and those who violate the law have nowhere to hide." Strategy CEO: The company will hold Bitcoin until at least 2065, maintaining a long-term accumulation strategy. According to Cointelegraph, Strategy CEO Phong Le stated that the company will hold Bitcoin until at least 2065, maintaining its long-term accumulation strategy, as MSTR shares continue to serve as an important alternative to BTC despite the rise of spot ETFs. Michael Saylor promoted Bitcoin-backed banking systems to governments around the world. According to Cointelegraph, Strategy founder and executive chairman Michael Saylor is pushing governments to develop Bitcoin-backed digital banking systems that offer high-yield, low-volatility accounts capable of attracting trillions of dollars in deposits. Speaking at the Bitcoin MENA event in Abu Dhabi, Saylor stated that countries could use over-collateralized Bitcoin reserves and tokenized credit instruments to create regulated digital bank accounts with yields higher than traditional deposits. Saylor pointed out that bank deposits in Japan, Europe, and Switzerland offer virtually no returns, while euro money market funds yield around 150 basis points and US money market rates approach 400 basis points, explaining why investors are turning to corporate bonds. Saylor outlined a structure where digital credit instruments comprise about 80% of the fund, paired with 20% fiat currency, and a 10% reserve buffer to reduce volatility. If this product were offered through regulated banks, depositors could deposit billions of dollars into institutions for higher returns. He stated that the account would be backed by 5:1 over-collateralized digital credit held by a fiscal entity. Saylor stated that countries offering such accounts could attract “$20 trillion or $50 trillion” in capital inflows. Coinbase will launch spot trading for Plume (PLUME) and Jupiter (JUPITER). According to an announcement from Coinbase Markets, Coinbase will launch spot trading for Plume (PLUME) and Jupiter (JUPITER). If liquidity conditions are met and the supported trading regions comply with trading requirements, PLUME-USD and JUPITER-USD will begin trading on or after 01:00 Beijing time on December 10th. Tether invests in €70 million funding round for Italian humanoid robot company Generative Bionic. According to The Block, stablecoin issuer Tether, along with AMD Ventures, Italy's state-backed AI fund, and other investors, participated in a €70 million (approximately $81.48 million) funding round for Generative Bionics, a newly spun-off company from the Italian Institute of Technology. The one-year-old company is developing new types of industrial humanoid robots with "embodied AI," designed to work in environments designed for humans, capable of handling, towing, and repetitive tasks that traditional robotic arms struggle to perform. CEO Paolo Ardoino stated that this investment is part of his vision to support "digital and physical infrastructure," projects that expand the company's business beyond stablecoins and reduce its "dependence" on increasingly centralized systems regulated by large tech companies. Generative Bionics stated that its first industrial deployments are scheduled to begin in early 2026, targeting industries including manufacturing, logistics, healthcare, and retail. Robinhood launches Ethereum and Solana staking services, continuing to expand its cryptocurrency business. According to Fortune magazine, Robinhood is ramping up its cryptocurrency business. The company stated that starting Tuesday, the trading app will launch Ethereum and Solana staking services in New York, allowing customers to earn yield through cryptocurrencies. The company will allow New York customers to stake and plans to expand its operations nationwide. Robinhood also announced its foray into the global cryptocurrency market. In Europe, it will add perpetual futures contracts for several cryptocurrencies, and it will also enter the Indonesian market after agreeing to acquire a brokerage firm and cryptocurrency platform in the country. Coinbase has included Theoriq (THQ) in its listing roadmap. According to a Coinbase Markets announcement, Coinbase has added Theoriq (THQ) to its asset listing roadmap. The listing of this asset is subject to market-making support and sufficient technical infrastructure. A separate announcement will be made once these conditions are met. The US CFTC has launched a digital asset pilot program, allowing BTC, ETH, and USDC to be used as collateral. According to CoinDesk, the U.S. Commodity Futures Trading Commission (CFTC) launched a pilot program on Monday allowing certain digital assets, such as Bitcoin, Ethereum, and USDC, to be used as collateral in the U.S. derivatives market. Acting Chair Caroline Pham stated that this program is part of an effort to develop rules for the use of tokenized collateral (including tokenized versions of real-world assets such as U.S. Treasury bonds). Currently, only futures commission merchants (FCMs) that meet specific criteria can participate. These companies can use Bitcoin, Ethereum, USDC, and other payment stablecoins as margin for futures and swap transactions, but must comply with strict reporting and custody requirements. For the first three months, they must disclose their digital asset holdings weekly and report any issues to the CFTC. In practice, registered companies can use Bitcoin as collateral for leveraged commodity swaps, with the CFTC monitoring risk and custody. The agency also issued a no-objection letter allowing futures commission merchants to deposit a portion of their digital assets into segregated client accounts, provided that risk is strictly controlled. The CFTC revoked its 2020 guidance that blocked cryptocurrencies as collateral, as the GENIUS Act has updated federal rules, rendering the guidance obsolete. The CFTC emphasizes that its rules remain technology-neutral, but tokenized versions of real-world assets (such as government bonds) must meet enforceability, custody, and valuation standards. The USDC Treasury minted an additional 500 million USDC on the Solana blockchain. On-chain data shows that at 23:25:15 and 23:25:51 (UTC +8), the USDC Treasury minted 250 million USDC on the Solana chain, with a total value of $500 million. Pye Finance has raised $5 million in seed funding, led by Variant and Coinbase Ventures. According to CoinDesk, Pye Finance announced the completion of a $5 million seed funding round led by Variant and Coinbase Ventures, with participation from Solana Labs, Nascent, and Gemini. Pye is developing an on-chain marketplace based on Solana to make time-locked staked assets tradable. The plan is to split staked SOL into independently transferable principal and reward tokens to enhance liquidity and yield management capabilities. Private testing is expected to begin in the first quarter of 2026. BitMine increased its holdings by 138,452 ETH last week, bringing its total holdings to over 3.86 million ETH. BitMine Immersion Technologies (NYSE: BMNR) announced that as of December 7, the company held 3,864,951 ETH, including 138,452 ETH purchased last week, representing a 156% increase in weekly purchases compared to four weeks ago. Based on the disclosed price of $3,139/ETH, this week's purchase amounted to approximately $435 million. BitMine currently holds approximately 3.2% of the total ETH supply, and the company stated its goal is to reach 5%. In addition to ETH, BitMine also holds 193 BTC, $1 billion in cash, and $36 million in "moonshot" equity, bringing its total assets to $13.2 billion. Hyperliquid launches $STABLE contracts, supporting up to 3x leverage. The Hyperliquid platform now allows long/short trading of $STABLE contracts with a leverage limit of 3x. Tether issues 1 billion USDT on the Tron blockchain. According to Whale Alert, Tether Treasury issued 1 billion USDT on the Tron blockchain at 21:05. Paradigm invests $13.5 million in the Brazilian stablecoin project Crown. Crypto venture capital firm Paradigm announced a $13.5 million investment in Brazilian stablecoin company Crown, valuing the company at approximately $90 million. This marks Paradigm's first investment in Brazil. Crown stated that its stablecoin BRLV, pegged to the Brazilian real (BRL), has become "the world's largest emerging market stablecoin" and is fully backed by Brazilian government bonds, currently valued at approximately 360 million reais (about $66 million). BRLV primarily targets institutional clients, allowing investors to earn high Brazilian interest rates (approximately 15%) by holding the stablecoin. Paradigm claims that Crown has established strong economies of scale and is poised for rapid expansion in Brazil. Strategy spent approximately $963 million to purchase another 10,624 bitcoins. Strategy CEO Michael Saylor announced that the company recently purchased 10,624 BTC, costing approximately $963 million, with an average cost of about $90,615 per BTC. Saylor also stated that the company's annualized Bitcoin return (YTD 2025) has reached 24.7%. According to Strategy's Form 8-K filing with the SEC on December 8, 2025, as of December 7, 2025, the company held a total of 660,624 BTC, with a cumulative cost of approximately $49.35 billion, and an average cost of about $74,696 per BTC. The funds for this purchase came from the proceeds of the sale of STRD and MSTR shares in an ATM financing round. Binance Alpha launches Stable (STABLE) Binance Alpha is listing Stable (STABLE). Earlier today, it was reported that Binance will launch the Alpha airdrop tonight at 21:00; holders of ≥250 points can claim it. The U.S. Securities and Exchange Commission (SEC) has ended its two-year investigation into Ondo Finance, without recommending charges. According to Crypto In America, the U.S. Securities and Exchange Commission (SEC) officially concluded its two-year investigation into Ondo Finance in November, recommending no charges. The investigation focused on the compliance of Ondo's tokenization of U.S. Treasury products and whether Ondo constituted a security. Reports indicate that since the appointment of new chairman Paul Atkins, the SEC has closed most crypto-related investigations and withdrawn several cases. BlackRock submits application to pledge the Ethereum Trust ETF on iShares. Bloomberg analyst Eric Balchunas reported that BlackRock has filed its formal prospectus (Form S-1) with the U.S. Securities and Exchange Commission (SEC) for the iShares Staked Ethereum Trust ETF, which will become its fourth crypto-related ETF product. BlackRock had previously applied for spot Bitcoin, spot Ethereum, and a "Bitcoin yield" ETF. Binance: It has been confirmed that an employee abused their position for personal gain. The employee has been suspended and legal action will be taken against them. Binance Futures issued an announcement regarding the investigation results of an employee's alleged misconduct. The announcement stated that on December 7, 2025, the platform received a report that an employee had used internal information to publish content on official social media for personal gain. The employee is suspected of linking to a token launched at 05:29 UTC and promoting it through an official account within one minute. This behavior has been confirmed as the employee abusing their position for personal gain, a serious violation of company regulations and professional conduct. Binance has suspended the employee and initiated legal proceedings, and awarded $20,000 each to five users who reported the incident through the official email address. Ripple's $500 million stock sale reportedly includes a "profit-protecting" put option. According to Bloomberg, Ripple completed a sale of approximately $500 million (valuing the company at approximately $40 billion) in November, with investors including Citadel Securities, Fortress, Marshall Wace, Brevan Howard, Galaxy Digital, and Pantera. Some investors assessed that about 90% of Ripple's net assets came from its holdings of XRP (valued at approximately $124 billion in July, with locked shares being released in batches). The agreement included protective clauses: investors could sell back the shares within 3-4 years at an annualized return of 10%; if Ripple chose to repurchase, the annualized return would be 25%. A liquidation preference was also provided. XRP has fallen about 16% since October 31, and more than 40% from its July high; as of Sunday, Ripple's XRP holdings were valued at approximately $83.3 billion, higher than the valuation in this round of financing. Ripple stated that it has no IPO timetable. ZachXBT is offering a $5,000 reward for user data from multiple platforms. ZachXBT, known as the "Chain Detective," announced on his personal channel that he will offer a $5,000 bounty to the first person to successfully capture user data from the Kaito Yaps, Wallchain, Galxe, Layer3, Cookie, and Xeet platforms. The target information includes usernames, user IDs, on-chain addresses, and points. Amber Group and Metalpha withdrew a total of 9,000 ETH from Binance a few hours ago. According to Lookonchain monitoring, Amber Group withdrew 6,000 ETH (approximately $18.8 million) from Binance two hours ago, and Metalpha withdrew 3,000 ETH (approximately $9.4 million) three hours ago. DeFi structured position tool Asgard raises $2.2 million in seed funding, led by Robot Ventures. According to an announcement by Asgard Finance, the project has completed a $2.2 million seed funding round, led by Robot Ventures, with participation from Solana Ventures, Colosseum, Primal, Presto, mtnDAO, and Dead King Society. Asgard's flagship product is Credit Backed Positions (CBP), a novel DeFi structured position tool. Early beta users have already created over $35 million in CBP positions. The project is built on the Solana blockchain and aims to enable efficient, composable structured trading on-chain. USPD Releases V1 Attack Recovery Plan and V2 Reconstruction Roadmap According to an official announcement from USPD, USPD V1 suffered a CPIMP deployment attack on December 4, 2025, which was not caused by a smart contract vulnerability. The team will distribute redeemable Claim Tokens to approximately 230 affected users at a 1:1 ratio in January 2026 and establish a separate protocol revenue compensation pool. USPD V2 will adopt a modular architecture, integrate Railgun privacy features by default, and enhance DeFi compatibility, and is expected to launch in the second quarter of 2026.