BTC price decline accompanied by increased holdings, traders continue to increase long exposure

Billionaire Michael Saylor stated that quantum computing will not break through Bitcoin. （The Bitcoin Historian）

Mizuho pointed out that Coinbase's promotion of predictive market business may lead to the risk of self erosion in its cryptocurrency business. （Decrypt）

[Coinbase to Launch MERL Perpetual Contracts] Coinbase will launch MERL (Merlin Chain) perpetual contracts on December 18. If liquidity conditions are met, the MERL-PERP trading market will open at 17:30 (UTC+8) or later in regions where trading is supported.

[Atlanta Fed GDPNow Model Estimates U.S. Q3 GDP Growth at 3.5%] The Atlanta Fed GDPNow model estimates U.S. third-quarter GDP growth at 3.5%, previously estimated at 3.6%.

The US Securities and Exchange Commission has concluded its four-year investigation into the Aave agreement. Aave founder Stan Kulechov stated that the team has invested a significant amount of resources in response to this review. （BWEnews）