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Coinbase announced the launch of an AI tool called Coinbase Advisor, aimed at helping users manage their financial lives. (CoinDesk)
[glassnode: The options market reinforces Bitcoin's range-bound pattern, with the range between $81,000 and $95,000] BlockBeats news, December 18, glassnode released this week's market analysis, stating that the market continues to fluctuate within a fragile and time-sensitive structure, influenced by significant supply, rising realized losses, and persistently weakening demand. Prices faced resistance near $93,000, then fell back to $85,600, reflecting the dense supply accumulated in the $93,000 to $120,000 range, with previous strong buyers continuing to suppress price rebounds. As long as the price remains below the 0.75 quantile (approximately $95,000) and fails to return to the short-term holding cost benchmark of $101,500, the upside potential may be limited. Despite the pressure, patient demand has so far maintained the true market average near $81,300, preventing further price declines. Spot demand remains highly selective, corporate capital flows are intermittent, and futures positions continue to reduce risk rather than rebuild confidence. The options market has reinforced this range-bound pattern, with near-month contract volatility narrowing. While downside risks persist, they are relatively stable, and expiration-driven positions have constrained price movements into late December. In summary, Bitcoin is currently caught between structural support near $81,000 and sustained selling pressure above. For a substantial shift to occur, either sellers need to exhaust all selling pressure above $95,000, or new liquidity must flow in to absorb supply and reclaim critical cost basis levels.
[OSL Exchange Launches Gold-Backed Stablecoin XAUT Trading Pairs] The exchanges under OSL Group, OSL HK and OSL Global, have officially launched the gold-backed stablecoin XAUT today. At this stage, users can trade XAUT/USDT and XAUT/USD pairs through over-the-counter (OTC) transactions, with the Hong Kong market exclusively open to professional investors. OSL Group stated that this is part of its strategy to build a compliant ecosystem for stablecoins and real-world assets (RWA). It also marks the first milestone in its collaboration with Tether Gold ecosystem partner Antalpha, aimed at providing digital gold solutions for professional and institutional investors.
Michael Saylor stated during a live television broadcast that Strategy may purchase up to 1.5 million bitcoins. (The Bitcoin Historian)
[Bloomberg Analyst James Seyffart Predicts Mass Liquidation of Crypto ETPs by the End of 2027] Bloomberg analyst James Seyffart posted on the X platform agreeing with crypto asset management firm Bitwise's prediction that over 100 crypto ETFs will be launched by 2026. However, he pointed out that many of these products will struggle to sustain themselves. He believes that a mass liquidation of crypto ETP products will occur, possibly by the end of 2026 or more likely before the end of 2027. Currently, issuers are launching a large number of products, with at least 126 related filings already submitted.
According to AiCoin monitoring, the net inflow of US spot BTC ETF reached $457 million yesterday, the highest daily net inflow since November 28th. Among them, FBTC had the largest inflow of funds, reaching 392 million US dollars; Next is IBIT, with an inflow of $111 million. According to the "Spot BTC ETF Tracking" real-time trading strategy developed by AiCoin, there is a significant positive correlation between the inflow of ETF funds and BTC prices. Subscription indicators can be used to automatically place orders based on the flow of funds in the program. Data for reference only